Indonesian Political, Business & Finance News

Archive: 22 June 2015

5 articles found

Rothschild to sell out of ARMS as Asian bidder closes in on deal

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.

Rising unemployment piles up problems for Indonesian president

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.

Global Investors Bullish on Indonesian FinTech StartUps

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.

Eight ministries responsible for long dwelling time: Pelindo

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.

Transjakarta to Be Integrated with Go-Jek through Go Busway

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...