Fathiya Dahrul

Indonesia open to sell minority stakes to private investors in airports, ports

Indonesia, under pressure to rein in its budget deficit, plans to sell minority stakes in some of the nation’s airports and ports to private investors.

Indonesia: Blue Bird Group in talks for $200m logistics stake sale

Blue Bird Group is seeking private investment in PT Iron Bird Logistic, with a view to offer shares to the public later on. The company is in talks with potential partners from Japan and Malaysia, and seeks to complete the deal in the second half of this year.