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Tag: Indonesia

Indonesian Beauty-Tech Startup Social Bella Raises $58m

Indonesian beauty-tech startup Social Bella announced today that it has raised $58 million in a Series E funding round backed by Singapore-headquartered Temasek, Pavilion...

Indonesia-Focused East Ventures Raises New Fund for Tech Startups

JAKARTA - Early-stage tech investment firm East Ventures announced that it has reached the first close on a new venture fund for innovative startups...

Alpha Investment, Manulife Form $200m Logistics Property JV in Indonesia

INDONESIA - Alpha Investment Partners Limited, PT Asuransi Jiwa Manulife Indonesia, a subsidiary of Manulife Financial Corporation, and PT Mega Manunggal Property Tbk (MMP)...

Maybank Marathon Raises the Bar for Bali 2020

Maybank Indonesia has announced the date for its ninth Maybank Marathon event in Bali, an annual international road race event to be held on...

Garuda Indonesia Appoints Irfan Setiaputra as CEO

PT Garuda Indonesia (Persero) Tbk held an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, January 22 at Management Hall, Garuda City Center, Tangerang. EGMS...

Indonesia’s Pindad Partners with Paramount Group on Armoured Vehicle Systems

Indonesia’s state-owned defence company PT Pindad has partnered with Paramount Group, the global aerospace and technology company, for the local development, industrialisation, and joint...

Represent Your Identity and New Ideas with .id Domain Name

Internet Domain Names are unique since no two parties can have the same domain name simultaneously. For an online business, Domain Names are more...

Wintermar Offshore (WINS:JK) Shareholders approve Non-Preemptive Share Issuance

Wintermar Offshore Marine Tbk (WINS:JK) expects business conditions will continue to improve through 2019 into 2020 as oil price outlook stays strong. At the...

Wintermar Offshore (WINS:JK) Reports 1Q 2019 Results

Wintermar Offshore Marine (WINS:JK) has announced results for 1Q 2019, with an EBITDA of US$4 million, up 109% QoQ compared to 4Q 2018, while...

Grand Kartech aims at Export Market amid Growing Manufacturing Industry

JAKARTA - (ACN Newswire) - Indonesia's Ministry of Industry (Kemenperin) projects the manufacturing sector could reach 5.4% in 2019. Subsector projections include the food and beverage, machinery,...

WIKA Records Rp2 Trillion Net Profit

Net Profit in 2018 grew 52.89% Total Assets in 2018 grew 29.65% JAKARTA - (ACN Newswire) - PT WIJAYA KARYA (Persero) Tbk announces a net profit of Rp2.07...

Intiland Books Rp2.6 Trillion Revenue in 2018

JAKARTA - (ACN Newswire) - Property developer PT Intiland Development Tbk (Intiland; DILD) reported a 16 percent increase in revenue to Rp2.6 trillion in 2018 from Rp2.2...

Astrindo Nusantara Infrastructure (“BIPI”) Refinances Credit Suisse Loan

JAKARTA - (ACN Newswire) - PT Astrindo Nusantara Infrastruktur Tbk ("BIPI") succeeded in raising US$235 million from foreign creditors led by Barossa Assets Ltd. and Goldman Sachs...

Online Loans in Indonesia Present an MSME Business Capital Solution

JAKARTA - (ACN Newswire) - The rapid development of Indonesia's fintech industry, especially in the online lending sector, has brought about with it some fresh air, especially...

Maybank Indonesia announces Maybank Bali Marathon 2019 Dates and Registration

JAKARTA - (ACN Newswire) - PT Bank Maybank Indonesia Tbk (Maybank Indonesia) today announced this year's Maybank Bali Marathon (MBM 2019) will be held on September 9,...
Andaz Capital Gate

Hotel Digest: Andaz Capital Gate Abu Dhabi Opens; Preferred Hotels Adds Hotel in Indonesia

Global hospitality firm Hyatt Hotels Corporation has announced the opening of Andaz Capital Gate Abu Dhabi, which turned iconic “Leaning Tower of Abu Dhabi”...

Ambassador of the Kingdom of Saudi Arabia Inaugurates VFS Branch In Order to Facilitate...

JAKARTA - (ACN Newswire) - Saudi Arabia's Ambassador to Indonesia, HE Osamh Mohammed Abdullah Shuibi, inaugurated the VFS / TasHeel branch at Epiwalk, South Jakarta, on Monday...
Justco

JustCo Launches JV in Indonesia

INDONESIA - JustCo has launched a joint venture in Indonesia with one of Asia’s largest business players, Gunung Sewu. This milestone comes barely two months...
Fintech

FinTech Indonesia Signs Collaboration Agreement with FinTech Australia

The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise...
Allianz Life Indonesia

Allianz Announces New Indonesia Leadership Changes

JAKARTA - Allianz today announces the appointment of Joos Louwerier as Country Manager & CEO, Allianz Life Indonesia, where he will oversee the growth...