
Articles
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2 weeks ago |
reuters.com | Stefanno Reinard Sulaiman |Ananda Teresia
JAKARTA, May 22 (Reuters) - Indonesia is expected to appoint a military officer - once found guilty of kidnapping rights activists - to a top finance ministry post, two sources said, underlining the military's growing role in governing the world's third largest democracy.
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2 weeks ago |
insideretail.asia | Ananda Teresia
Indonesia’s antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo, its head said on Wednesday. Muhammad Fanshurullah Asa in a statement said the agency would be able to conduct a thorough review once the merger takes place and both companies give notification of such action. The two firms have yet to confirm merger plans officially but the possibility of such a move has been widely reported in recent months.
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2 weeks ago |
kfgo.com | Stefanno Reinard Sulaiman |Ananda Teresia
By Stefanno Sulaiman and Ananda TeresiaJAKARTA (Reuters) – Indonesia’s central bank cut its key interest rate on Wednesday as the market expected, resuming its monetary easing to support the slowing economy after pressure on the rupiah receded.Bank Indonesia (BI) lowered the benchmark 7-day reverse repurchase rate, known as the BI Rate, by 25 basis points to 5.50%, as expected by 20 of 32 economists polled by Reuters. It also cut two other policy rates by the same amount.
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2 weeks ago |
today.westlaw.com | Stefanno Reinard Sulaiman |Martin Petty |Ananda Teresia
JAKARTA (Reuters) -Indonesia's antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo, its head said on Wednesday. Muhammad Fanshurullah Asa in a statement said the agency would be...
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2 weeks ago |
reuters.com | Ananda Teresia |Heru Asprihanto
Drivers demand bigger share of fare commissionRiders fear job losses if potential GoTo, Grab merger proceedsGoTo's Gojek unit has 3.1 million drivers in IndonesiaJAKARTA, May 20 (Reuters) - Hundreds of taxi and delivery drivers joined protests in several cities across Indonesia on Tuesday over low wages and to oppose a planned merger between the country's largest tech company GoTo (GOTO.JK), opens new tab and U.S.-listed ride-hailing rival Grab (GRAB.O), opens new tab.
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