A statue of a bull stands in front of an electronic board displaying stock prices outside the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, April 18, 2019. With Indonesian President Joko Widodo on course to win a second term as leader, the political uncertainty that's weighed on the economy this year will be lifted. Photographer: Dimas Ardian/Bloomberg
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Indonesia restaurant chain operator weighs US$150mil IPO

JAKARTA: PT Champ Resto, Indonesian operator of restaurant chains including Gokana Ramen & Teppan, is weighing an initial public offering in the largest nation in Southeast Asia that could raise about $150 million, according to people with knowledge of the matter. The firm, which is backed by Indonesian private equity firm Capsquare Asia Partners, is […]

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Vietnam ranks fifth globally in instant noodle consumption

The Hanoitimes – With the population of nearly 95 million in 2018, a Vietnamese consumes nearly 55 instant noodle packets per year, higher than the world’s leading nations in instant noodle consumption, including China with an average of 31 packets for person, Indonesia with 46.4 and Japan with 45.8. Vietnam consumed 5.2 billion instant noodle packets […]

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