Indonesia has been touchy in the past about ceding control of its lenders to the neighbouring city-state.
Why is Mukesh Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?
And, challenger banks reckon that fintech can help them shake the dominance of entrenched rivals.
To retreat from retail banking just as Asia’s digital consumption is about to explode would be a strategic blunder.
Indonesia’s size is part of its promise. The 267 million population is 47 times that of wealthier Singapore.
The move may attract the interest of investors such as Canada’s Brookfield, Australia’s Macquarie and Singapore's GIC.
With the insolvency tribunal taking Jet Airways under its wing, everyone can finally stop pretending that the carrier is still alive.
Old-world banks may look at striking alliances with startups backed by tech giants.
GIC is a long-term investor. Its mandate is to patiently earn the extra return the central bank can’t reach for without jeopardizing safety and liqu
A bankruptcy law that appears creditor-friendly on paper but can only be used against small entrepreneurs would take the country back to where it was
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