IPOs & Markets
In IPO market in Indonesia is hotting up with action as a slew of companies are lining up their public issues.
India's OYO Hotels & Homes is set to invest $100 million in Indonesia to ramp up its operations in the country.
The company is exploring multiple schemes of strategic partnerships including detaching some part of its ownership in Hale International.
The divestment of KDL is in line with Krakatau Steel’s restructuring process.
The firm is accelerating capital-raising to drive an expansion into mobile payments and food delivery.
The Indonesia deal likely forms part of the firm's global strategy of divesting from non-core services in its portfolio.
Grab and Gojek became Southeast Asia’s two hottest startups largely on the strength of their ride-hailing businesses. But now they are in the midst
Policy & Regulations
Indonesian President Joko Widodo promised more investment opportunities but has also expressed frustration at the country's tortuous bureaucracy.
The acquisition has paved the entry of UOB Asset Management in Indonesia.
Most of the IPO proceeds will be used by the company to pare its debt.
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