Widodo Makmur Group Plots $277m IPO
Widodo Makmur Unggas, an integrated poultry company, mulls a plan to raise Rp 2 trillion, or $139 million, in October IPO.
13 July 2020 | 08:19 PM
As Money Printer Goes Brrr, The Onus Is Now on Bureaucrats to Spend
Jokowi has been lamenting how slow the ministries and state institutions spend the $48.6 billion stimulus package.
09 July 2020 | 10:26 AM
Moody's Downgrades Rating After Modernland Delays Bond Payment
Moody's said an upgrade of Modernland's ratings was unlikely.
08 July 2020 | 12:31 PM
Transjakarta, Bakrie Autoparts Trial Electric Buses on Busiest Route
The buses are imported from China, but Bakrie Autoparts claims they will start local production in three years.
07 July 2020 | 12:09 AM
Lion Air Lets Go of 2,600 Workers as Pandemic Pressure Intensified
The group decision came after rival Garuda Indonesia, the country's flag carrier, decided to lay off its pilots last month
06 July 2020 | 02:55 PM
Antitrust Body's Decision Against Grab Can Turn Away Foreign Investors: Attorney
Attorney Hotman Paris said that KPPU's decision lacks a clear legal basis and can turn away foreign investors.
04 July 2020 | 04:07 PM
Eastspring Paves Way for Indonesians to Invest in Alibaba, Tencent
Eastspring launched Eastspring Syariah Greater China Equity USD on June 15 to Standard Chartered Bank Customers.
04 July 2020 | 02:07 PM
Grab Seeks an Appeal Against Indonesia's Antitrust Decision
KPPU found Grab Indonesia and its car-rental partner guilty for discriminating against some independent drivers.
04 July 2020 | 03:18 AM
Air Travel Suffers Steepest Fall Due to Pandemic
International flights were particularly hit by the crisis because many countries had imposed lockdown.
01 July 2020 | 05:46 PM
Indonesia Welcomes $38b Factories Relocation From China to C. Java
President Joko "Jokowi" Widodo vows not to repeat last year's mistake that saw 33 companies choose neighboring countries over Indonesia.
01 July 2020 | 01:16 PM
