ID Digest: IFC becomes Adi Sarana Armada's shareholder; Layoffs at Qoala

ID Digest: IFC becomes Adi Sarana Armada's shareholder; Layoffs at Qoala

IFC/World Bank HQ. Photo: IFC

International Finance Corporation (IFC) has officially become a shareholder in Indonesia-listed logistics firm PT Adi Sarana Armada Tbk while insurtech firm Qoala has conducted a round of layoffs. 

Edited by: Padma Priya

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