- Go-Jek becomes Indonesia’s first decacorn
2019-04-06T08:17:19Z <1 min read
CB Insights places Go-Jek in 19th position, below its competitor Grab, the valuation of which has been is recorded at $11 billion. Uber is still in the top position with total valuation of $72 billion.
- Historical retailer Sarinah to build 40-story building
2019-02-06T05:50:29Z <1 min read
State-owned retailer PT Sarinah has announced it will construct a 40-story building next to its original building, which was constructed in the 1960s and was country's first high-rise shopping center, to strengthen the brand image of the retailer.
- Malaysia launches ambitious anti-corruption plan
2019-01-30T04:31:19Z 2 min read
Malaysia’s Prime Minister Mahathir Mohamad, who is sometimes blamed for tolerating corruption and the rise of cronyism during his first stint as prime minister, launched on Tuesday (Jan 29) an ambitious plan to make the country corruption free in five years.
- Singtel CEO Chua Sock Koong becomes first woman to be appointed to Council of Presidential Advisers
2019-01-04T02:37:12Z 2 min read
SINGAPORE - Singtel group chief executive Chua Sock Koong has become the first woman to be appointed to the Council of Presidential Advisers (CPA).
- Government defends Freeport deal amid criticism
2019-01-02T04:43:21Z 2 min read
The government has been fending off criticism questioning its recent deal with United States mining giant Freeport-McMoRan (FCX) to acquire majority shares in its subsidiary PT Freeport Indonesia’s (PTFI) Grasberg copper and gold mine in Papua for US$3.85 billion since the deal was signed on Dec. 21.
- Elon Musk says he personally spent $40m on Boring Co.
2018-12-20T06:57:00Z 2 min read
Elon Musk took the wraps off Boring Co.'s first completed test tunnel with a lot of razzle-dazzle, the fact that he had spent $40 million on the venture and a surprise twist in the underlying technology.
- Goldman says former Malaysia government lied, after charges filed
2018-12-18T05:55:47Z 1 min read
Goldman Sachs on Tuesday accused the former Malaysian government and state fund 1MDB of lying to the bank, after Kuala Lumpur charged the Wall Street titan over a massive financial scandal
- US stocks gain ahead of election returns
2018-11-07T01:45:47Z 1 min read
NEW YORK: Wall Street stocks rose after a quiet session on Tuesday (Nov 6) as investors awaited returns in US congressional elections that are seen as a referendum on President Donald Trump.
- UK, EU agree tentative Brexit deal on financial services: The Times
2018-11-01T04:02:01Z 2 min read
British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit...
- Jokowi launches 33rd Trade Expo Indonesia
2018-10-24T09:46:02Z <1 min read
The annual event targets to attract 28,000 visitors from 125 countries as Indonesia showcases various manufacturing products and commodities for export