Southeast Asia Sees IPO Flow Up

Singapore, the Philippines and Indonesia, in industries from real estate and cement to power generation, companies are looking to raise nearly $1.5 billion. They are encouraged as global markets begin to regain lost ground—the MSCI Southeast Asia Index is up 4.1% for the year—and investor risk appetite picks up, sentiment buoyed by factors that include […]

IDB ​Lend​s​ up to $5.2 billion to Indonesia

The Islamic Development Bank Group has agreed to loan Indonesia up to $5.2 billion for development programs until 2020, according to a joint statement issued after the IDB’s annual meeting in Jakarta this month. The Saudi based lender said it could also lend directly to Indonesia’s state-owned enterprises with sovereign guarantees. Indonesia’s Finance Minister Bambang […]

​​Indonesia Expedites Deregulation

Jakarta – The Jokowi Administration has set up four new task forces to expedite the ongoing deregulation process started last September designed to stimulate the economy and encourage FDI. “We should not postpone it further,” Chief Economics Minister Darmin Nasution said in a statement.” One task force is responsible for making sure these regulations will […]

KADIN Focus on Americas

Jakarta – The Indonesian Chamber of Commerce and Industry (KADIN) has decided to strengthen its International Relations Division in support of President Jokowi’s acknowledged the country’s need for overseas funds and expertise. “The aim of the division is to help Indonesia get direct foreign investment,” said Shinta Widjaja Kamdani, a prominent business leader and KADIN’s […]