GoTo to raise $1.1b after finalizing IPO at top end of price range
GoTo is backed by the likes of SoftBank Group Corp, Alibaba Group and Singapore sovereign wealth fund GIC.
Indonesia
Indonesia’s Sri Mulyani says high oil prices weighing on state budget
So far, the government is considering either raising energy prices in accordance with global levels or raising energy subsidy spending to keep domestic prices unchanged.
Pertamina turns to Russia for oil amid energy price hike
The plan comes as surging global oil prices place fresh strains on the state budget as the government seeks to balance higher energy subsidy spending with fiscal-consolidation…
Indonesia to impose fines against ‘errant’ Big Tech
The push to regulate the digital sphere, ostensibly to combat rampant misinformation in the country, comes as cyber protection policies for the individual languish in the…
Rare birth of Sumatran rhino brings hope for endangered species
The World Wide Fund for Nature estimates fewer than 80 Sumatran rhinos remain in the world, mainly in Sumatra and Kalimantan.
Do not turn the page on Covid-19: We are not there yet
The writers say we are, almost certainly, setting ourselves up for more emerging variants, undetected spread, severe disease and fatal outcomes.
Male modeling: Between tough competition and social stigma
While the men's fashion segment is growing, Indonesia's male models still have slim pickings and struggle with stigma.
Indonesia’s transition to a semi-endemic – not endemic – phase
The writer says the authorities should wait for several months before deciding on a possible transition to an endemic phase.
Ukraine war reveals inconvenient truth about Indonesian palm oil
Indonesia, instead of benefitting from the disrupted supplies, has experienced its own cooking oil crisis at home.
Crane-lifted restaurant opens for hungry thrill seekers in Jakarta
The restaurant is the first of its kind in Indonesia, with a specific lounge design that has only been used in Malaysia and Belgium.