LONDON June 8 (Reuters) - Financier Nathaniel Rothschild will abandon his troubled investment in Indonesia's coal industry, he said on Monday, agreeing to sell his stake in Asia Resource Minerals (ARMS) after securing an improved offer from an Asian bidder.

The plan of integrating Go-Jek and Transjakarta, which DKI Jakarta’s Governor Basuki Tjahaja Purnama always dreams of, will soon be materialized. PT Transjakarta’s Main Director Antonius Kosasih stated that there’ll be a new app called Go Busway which is installed in Go-Jek app which functions as a bus locator. The MoU upon the creation of this app will be ratified before the Eid al-Fitr. As Detik reported, Kosasih explained that Go Busway is a specific app which will be inside Go-Jek.

Jakarta (ANTARA News) - President Director of PT Pelindo II R. J. Lino said here on Monday that dwelling time at Tanjung Priok Port was long because the eight ministries involved in the activities were not interconnected yet. "It is not Pelindos fault. It is because the eight ministries involved are not interconnected yet," he stated before meeting with Presidential Chief of Staff Luhut Panjaitan at the State Palace.

Indonesian FinTech startups have attracted global venture capital giants, such as the Japan-based venture capital firm CyberAgent Ventures. Earlier this month, the firm announced that more than half of their new US$50 million fund will be dedicated to Indonesian startups. The VC fund will most likely focus on bitcoin startups like Blossom that utilizes an innovative technology such as the blockchain to solve problems of locals that the banks cannot.

JAKARTA (Reuters) - Indonesian companies are shedding jobs as they grapple with the weakest economic growth in six years, adding to the troubles facing President Joko Widodo, who was elected last year on pledges to dig the country out of a rut.