Finance
Indonesia-Malaysia QR code payments get started under ASEAN system
Cross border scheme could cut transaction costs by 30%, offer exchange rate buffer
Indonesia
DealStreetAsia
Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO
Company seeks to complete initial public offering by early next year, sources say
Market Spotlight
ASEAN's VC 'funding winter' worsens on Grab, GoTo slowdown
Wary venture capital investors slash valuations of startups as interest rates rise
IPO
Indonesian copper miner Amman plans $880m IPO by July
Company exempted from June ban on raw mineral exports until next May
Startups
Indonesian digital insurer PasarPolis eyes Malaysia, Philippines
Tech company also pins hopes on vast home market demand, despite low penetration
Startups
Indonesia's Bukalapak sees itself as 'financial inclusion champion'
E-commerce giant further targets underbanked population through Mitra business
DealStreetAsia
Indonesia's Indika, others to put $16m into IMG's EV business
Total 2023 development outlay on Alva two-wheeler pegged at $17.8m
Business deals
Philippine infrastructure king decides to go private
Metro Pacific's Pangilinan seeks freedom to pursue new businesses
Market Spotlight
Singapore property market heats up, squeezing expat renters
Chinese investors may shrug off higher stamp duty imposed on foreign buyers
Automobiles
Indonesia challenges Thailand's title as the 'Detroit of Asia'
Rich mineral resources for batteries give archipelago leg up in EV shift
Environment
Malaysia, Indonesia to send palm oil mission to EU next week
Delegation to make case for small farmers in crosshairs of deforestation rule
The Future of Asia 2023
'Global South' can shape regional order, Indonesian expert says
Panelists discuss U.S.-China tensions, Ukraine war at Nikkei forum
The Future of Asia 2023
Pertamina's diversification slowed by Rosneft tie, carbon capture
Indonesian oil company plans $9bn capex in 2023, but 3% for decarbonization, others
Business trends
Chinese companies seek opportunities in Indonesia's new capital
$31bn development project on Borneo so far falling short of investment goals
Telecommunication
Singtel embarks on data center push in Indonesia, Thailand and beyond
Singapore telecom leader also eyes sites in Malaysia and Vietnam with local partners
Consumer
Unilever to expand telemedicine services in Indonesia, Vietnam
Consumer giant aims for over 200 million to see a dentist by 2025
Materials
Indonesia relaxes June exports ban for five raw minerals
Extension allows smelters to be built and ore processed domestically
International relations
Indonesia's Jokowi hosts Iranian leader days after attending G-7
Jakarta charts independent diplomatic path from West
Commodities
Indonesian fertilizer maker Pupuk Kaltim ramps up $1.5bn expansion
State-owned firm eyes offshore acquisitions on record profits, but wavers on IPO
Asia Insight
Indonesia bets on critical mineral export bans as deadline nears
History of policy flip-flops could hamper climb up resource value-chain
