Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has said the outbreak of a novel coronavirus around the globe has affected Indonesian tourism, with estimated losses of around US$500 million. “[According to] data from Bank Indonesia, [our] tourism has lost US$500 million in a month,” he told the press on Tuesday as quoted by antaranews.com. Luhut […]
Read MoreRide-hailing giants, Gojek and Grab, are in talks about a possible merger, a report said, citing sources. The report, as quoted by Tech in Asia, also stated that the start-ups were still discussing their respective valuations and post-merger shareholdings. Singapore-based Grab has told some of its investors that Gojek expects a 50-50 share while Grab wants overall […]
Read MoreThe government is upbeat that the sweeping omnibus bill on job creation will bolster investment and open up more jobs for Indonesians, as it braces for tough public scrutiny during the bill’s deliberation at the House of Representatives. Coordinating Economic Minister Airlangga Hartarto said that the omnibus bill on job creation could help the government […]
Read MoreCambodia and Indonesia plan to host a Trade and Investment Forum early in June in an effort to attract more Indonesian investors to the Kingdom. The plans were revealed after a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Minister of Industry, Science, Technology and Innovation Cham Prasidh on Monday. Sudirman said the Indonesian […]
Read MoreMYANMAR, Cambodia and the Philippines pose the highest risks for alternative lending models in South-east Asia, a peer-to-peer funding platform has said in a ranking of regional opportunities, but it pegged Indonesia as a promising market for growth. Still, with a business model aimed at under-banked clients, Latvia-based Robocash – which also has offices in […]
Read MoreIndonesian coal miners may lose buyers because of a regulation that requires coal exporters to only use domestic shipping companies and insurance services, experts have warned. The head of the marketing and logistics department at the Indonesian Coal Mining Association (APBI) Hendri Tan said that many overseas buyers would choose to import coal from other countries because of […]
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Thailand
