BankingIndonesia lynchpin of Standard Chartered 2021 returns targetInternational Finance DeskSeptember 10, 2019December 16, 2019 by International Finance DeskSeptember 10, 2019December 16, 2019 Standard Chartered’s operating profit in Indonesia is up by 28% in H1 2019 year-on-year... Read more
Asset ManagementUOB’s asset management buys 75% stake in Indonesia firmInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 United overseas bank will provide its expertise to Indonesian investors in areas such as Islamic investments and multi-asset strategies... Read more
Oil & GasIndonesia’s Pertamina to expand overseas in 2020International Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 The oil and gas firm’s total budget to include funds required for expansion in Algeria and Iraq... Read more
EconomyIndonesia pledges $40 bn for Jakarta’s urban regenerationInternational Finance DeskAugust 29, 2019December 12, 2019 by International Finance DeskAugust 29, 2019December 12, 2019 North Jakarta is predicted to submerge into the Java Sea by 2050... Read more
FinanceMoody’s: Islamic Bond issuance to hit $130 bn in 2019International Finance DeskAugust 28, 2019November 7, 2019 by International Finance DeskAugust 28, 2019November 7, 2019 Total issuance in H1 2019 increases by 37% to $87 bn when compared to the same period last year... Read more
In the NewsWhatsApp plans to launch digital payments in IndonesiaInternational Finance DeskAugust 21, 2019March 18, 2020 by International Finance DeskAugust 21, 2019March 18, 2020 The digital services are expected to launch by the end of 2020... Read more
TelecomIndonesia’s Telkomsel increases 4G radio base stationsInternational Finance DeskAugust 13, 2019March 18, 2020 by International Finance DeskAugust 13, 2019March 18, 2020 The wireless operator already has 204,200 radio base stations providing nationwide coverage... Read more
FinanceIndonesian Islamic bond auction raises $563.11 mnPritam BordoloiAugust 7, 2019 by Pritam BordoloiAugust 7, 2019 Indonesia is also planning to sell diaspora bonds to Indonesians living outside the country to expand funding sources... Read more
BankingIndonesia reviewing banking rules to lure more foreign investorsInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 Indonesia liberalising requirement that the acquiring banks have to merge all local operations into one entity... Read more
Oil & GasAdnoc and Pertamina sign $2.5 bn oil and gas development dealInternational Finance DeskJuly 30, 2019December 18, 2019 by International Finance DeskJuly 30, 2019December 18, 2019 As part of the deal signed between UAE and Indonesia, Adnoc will build a LNG storage facility in Indonesia... Read more