By Karlis Salna
A growing digital sector is creating new jobs, as well as improving the lives of ordinary Indonesians but the tradeoff may be lower wages, stagnant spending and far less job security for workers than full-time jobs offer.
The SoftBank founder oversees the largest technology fund in history and is putting money into ride-hailing, e-commerce, digital payments, satellites, semiconductors, agriculture and cancer detection – just for a start.
EPF has appointed Tunku Alizakri Alias as its CEO to replace outgoing chief Shahril Ridza Ridzuan.
NPS has announced the promotion of its global private equity chief Hyung-Don Choe as its new global alternative investment head.
Shahril is currently the CEO of Malaysia’s $189-billion pension fund Employees Provident Fund (EPF), a position he has held since April 2013.
The ride-hailing company still has three independent board vacancies, along with two other board seats that are being held for representatives of SoftBank, who became a major shareholder early this year.
The death of HNA co-Chairman Wang Jian from an accident in France in early July has halted advanced discussions between the closely held airline and potential investors
Compared to Anthony Tan, Tan Hooi Ling is the lesser known co-founder of Southeast Asian ride-hailing major Grab.
Gujral, who served L Catterton Asia for about six years, will be based in Singapore and will split his time between Singapore and India,
Dr Chatib Basri, Indonesia’s former minister of finance, has taken an advisory role in HARA, a blockchain-based data exchange for the food sector.