Thursday, October 17, 2019

Financial services

Financial services

Singapore wants to be broker for Asian infrastructure projects

Singapore -- Singapore is seeking to take up the role as broker for infrastructure projects in Asia by mediating between the interests of investors...

House approves Rp 2.57t budget for Industry 4.0

Jakarta -- The Trade Ministry is getting an additional Rp 2.57 trillion (US$178 million) after the House Commission VI overseeing industry affairs agreed to...

Bankers see Go-Jek as new competitor: Survey

Jakarta -- Most Indonesian bankers see Go-Jek as an "emerging competitor" to conventional banks in the payment sector, according to a survey conducted by...

Grab Aims to Dominate Indonesian Market With Open Platform Strategy

Singapore -- Ride-hailing company Grab has launched GrabPlatform and GrabFresh to tap further into the Indonesian market, its representative said on Tuesday (10/07). Grab...

Indonesian Conglomerates-Backed Tech Fund to Be Launched in 6 Months: Minister

Jakarta -- An Indonesian tech venture capital fund backed by the country's largest conglomerates will be launched within the next six months, Communications Minister...

Garuda settles its bonds worth Rp2 trillion

Jakarta -- National flag carrier Garuda Indonesia settled its rupiah-denominated bonds worth Rp 2 trillion on Wednesday (04/07). The settlement of the bonds constituted...

Fintech can boost Islamic finance penetration: Finance Ministry

Makassar -- Deputy Finance Minister Mardiasmo says the development of sharia financial technology (sharia fintech) has potential to help enhance the share of sharia...

Japan to Invest More, Strengthen Maritime, Security Cooperation With Indonesia

Jakarta -- Foreign Minister Retno Marsudi and her Japanese counterpart, Taro Kono, have agreed to strengthen bilateral cooperation in maritime affairs, counterterrorism, infrastructure development...

Indonesia external debt recorded US$356.9 billion in April

Jakarta -- Indonesia's external debt at the end of April 2018 amounted to US$356.9 billion. The debt comprised government and central bank external debt...

Lippo Urges Deeper Indonesia-Japan Business Ties

Jakarta -- The Lippo Group, one of Indonesia's largest conglomerates, has called for deeper ties between the Japanese and Indonesian business communities to help...

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