Policy & Regulations
Acquiring banks can now own a controlling interest in smaller lenders with $354.4 million in paid up capital.
The move comes on the heels of an overall $250 million investment in GOJEK.
If talks succeed, Disney could invest $200 million over 10 years.
Vivendi planned to eventually buy a 50 per cent stake in PT MNC Vision Networks worth up to $500 million.
The partnership will make it easier for Go-Jek to move goods to customers within the 17,000 islands of the archipelago.
BTPN and the Indonesian unit of Tokyo-listed Sumitomo Mitsui Financial Group announced plans to merge this year after the Japanese lender's chief exec
The region is big enough for many players to have their share. But Go-Jek and Grab are expected to be hard to beat with the familiarity and trust buil
The investment is part of the roughly $1 billion that Grab is seeking to complete an ongoing $3-billion funding round.
IPOs & Markets
Indonesia's IDX and OJK are working to amend IPO rules, that require companies to be profitable within two years of listing.
The OJK approved MUFG's planned purchase of Asia Financial's stake of 20.1 per cent in Danamon.
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