Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Indosat expands business to provide added value and generate more revenue
One of the largest companies in Indonesia's telecommunications sector, PT Indosat Tbk (ISAT), is aiming at expanding its business practices in an effort to support the company's core services. The company is currently attempting to penetrate the electrical, construction, digital technology equipment rental, and office machine sectors to provide added value to its data center business.
Negative sentiments haunt crypto market, causing drop in price
The crypto market began to weaken as billions of dollars of funds were withdrawn from the crypto asset market in recent months. According to Coinmarketcap data on April 4, 2023 at 6.50 WIB, the largest capitalized crypto market, Bitcoin (BTC) plunged 0.73% in the last 24 hours. Currently, it is holding at US$ 28,178.53 (IDR 422.53 million) per coin.
Astra International is setting Capex budget worth IDR 40 trillion, focus on UNTR
PT Astra International Tbk (ASII), one of the biggest publicly listed companies in the automotive sector, is allocating Capital expenditure (Capex) budget of IDR 40 trillion (US$ 2.7 billion) to develop its business.
MBMA plans IPO worth IDR 8.75 billion to fund nickel processing projects
PT Merdeka Battery Materials Tbk (MBMA), a nickel mining company, recently initiated its initial public offering (IPO).
Energi Mega Persada is looking for new opportunities in finding additional assets
PT Energi Mega Persada Tbk (ENRG), a publicly listed Bakrie Group company in oil & gas, is looking for opportunities to acquire additional assets to add value to the company's shareholders.
Exploring trends and challenges in Indonesia's startup industry: Focus on green tech, embedded finance, and health tech for 2023
Early 2022 marks a rough beginning for startups. A number of major events became important highlights within the startup industry.
Indonesian textile industry faces new threat as thrifting gains popularity
During the pandemic, the Textile Industry and Textile Products were one of the surviving business sectors. This sector plays an important role in the regional economy, creating a multiplier effect on the surrounding economy.
ANTAM allocates IDR 14 trillion Capex for downstream investments
State-owned Indonesian mining company PT Aneka Tambang Tbk (ANTM) has set a Capital expenditure (Capex) budget worth IDR 14 trillion, for its downstream nickel industry. The company is currently the largest nickel producer in Indonesia with several mining operations, including:
Kredivo raises US$ 270 million in D series funding round led by Mizuho Bank
Mizuho Bank Ltd, a subsidiary of Mizuho Financial Group, Inc., oversaw an oversubscribed series D funding round, raising US$ 270 million (IDR 4 trillion) for Kredivo Holdings, Kredivo's holding company, and Krom Bank which was founded in 2016.
Foreign investors to invest in Nusantara National Capital's VVIP airport, recent flooding post risks
Indonesian Minister of Transportation Budi Karya Sumadi said that investors from South Korea, Japan, and India have shown interest in investing in the construction of a VVIP Airport in the Nusantara National Capital (IKN) in East Kalimantan.
CSA plans to open 5 new Mitra10 superstores with IDR 1.3 trillion Capex for expansion
PT Catur Sentosa Adiprana Tbk (CSA) is a listed company and the largest independent distribution and modern retail for building materials in Indonesia. The company allocates IDR 1.3 trillion (US$ 84.4 million) of capital expenditure (Capex), for their business expansion in distribution and modern retails.
Cleo producer continues expansion using IDR 300 billion Capex
Bottled water company PT Sariguna Primatirta Tbk (CLEO) budgeted IDR 300 billion (US$ 19.5 million) Capital expenditure (Capex) in 2023 for its factory expansion in Lampung and Manado.