Indonesia state-owned infra firm SMI raises $105m in green bonds


In February, Indonesia became the first Asian country to sell “green” bonds internationally in a $1.25 billion deal.

Exclusive: Indonesia’s EverHaus to start raising $20m fund by year-end

Focused on Indonesia currently, the VC firm plans to make inroads into the rest of SE Asia soon.

People Digest: HSBC appoints Indonesia chief, StanChart names SG CEO

HSBC Private Banking has named Benedikt Maissen as its Market Head for Indonesia. He will be responsible for business development and client engagement.

Big exits could entice global Indonesian talent to return home, says UangTeman’s Makmuri

UangTeman’s new CTOO and former Silicon Valley professional Sukan Makmuri has previously held executive positions in O2O startup Kudo and online portal Kaskus.

Conglomerates-backed Indonesian VC tech fund to be launched in 6 months

Minister of Communications and Information Rudiantara said the fund, which would be pooled from Indonesian conglomerates, was supported by his ministry, with its structure currently being discussed with the country’s financial regulators (OJK).

Indonesia’s Alpha JWC seeks $100m for latest fund

DealStreetAsia had first reported last year that Alpha JWC was planning to start raising a nearly $100-million fund, following the final close of its first $50-million fund.

Indonesian media firm Net Visi plans $14m IPO in August

The company has already raised 800 billion rupiah in convertible bonds, which will be converted to shares upon listing.

Indonesia bans Chinese video app Tik Tok for “inappropriate content”

It is operated by venture-backed Toutiao, valued at more than $30 billion, that is one of China’s fastest-growing tech start-ups.

Indonesian automotive service startup Montir raises Series A from East Ventures

The investment will accelerate Montir’s aim to become a leading one-stop solution for automotive servicing needs.

Go-Jek or Grab won’t be as big if not for each other: Nadiem Makarim

The Go-Jek founder and CEO talks SE Asia expansion plans, rivalry with Grab, Uber’s exit and IPO plans.