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1 week ago | 
financialpost.com | Faris Mokhtar |Eddie Spence
Advertisement 1Indonesia’s Danantara and French miner Eramet SA are in talks to form a partnership that would invest in a nickel plant in the Southeast Asian nation, people familiar with the matter said, in what could be the state investment fund’s first major transaction.
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1 week ago | 
bloomberg.com | Faris Mokhtar |Eddie Spence
(Bloomberg) -- Indonesia’s Danantara and French miner Eramet SA are in talks to form a partnership that would invest in a nickel plant in the Southeast Asian nation, people familiar with the matter said, in what could be the state investment fund’s first major transaction.
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1 week ago | 
flipboard.com | Faris Mokhtar |Eddie Spence
1 day agoBitcoin and crypto prices are awaiting the next catalyst after surging into May (though Apple might have just quietly created it). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters …
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2 weeks ago | 
bloomberg.com | Faris Mokhtar |Low De Wei
In September 2023, Singapore’s then prime minister-in-waiting, Lawrence Wong , told a meeting of investors that they shouldn’t engage in ostentatious displays of wealth if they want to set up in the city-state. “If you would like to be here, please follow our norms, follow our rules,” Wong said at an event organized by former junk-bond king Michael Milken ’s institute. “If you think they are not for you, that is okay. You can take your money elsewhere.”
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4 weeks ago | 
bloomberg.com | David Ramli |Olivia Poh |Faris Mokhtar
Als Gibran Huzaifah auf die Excel-Tabelle auf seinem Laptop starrte, blickte er ins Leere: Das indonesische Startup eFishery — das er von einem Fischfütterungs-Prototypen zu einem Unternehmen mit 100 Mitarbeitern ausgebaut hatte — würde in nur drei Monaten kein Geld mehr haben. Nach und nach begann er also, falsche Zahlen in den Geschäftsbericht einzutragen.
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1 month ago | 
bloomberg.com | David Ramli |Olivia Poh |Faris Mokhtar
As Gibran Huzaifah stared at the Excel spreadsheet on his laptop, he was looking into the void. eFishery, the Indonesian startup he'd built from a fish-feeding prototype to a 100-employee extension of himself, was just three months away from running out of cash. Slowly, he started plugging fake numbers into the financial report. Within an hour, he had done what five years of hard work couldn’t — turn his business into a winner, at least on paper.
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1 month ago | 
bloomberg.com | Chanyaporn Chanjaroen |Faris Mokhtar |Harry Suhartono
Prabowo Subianto (Bloomberg) -- Wealthy Indonesians are shifting hundreds of millions of dollars offshore amid mounting concerns over President Prabowo Subianto’s fiscal discipline and the country’s economic stability. Gold and real estate are two popular havens although a third, less traditional, pocket has emerged: cryptocurrencies — in particular Tether Holdings SA’s stablecoin USDT, which is designed to maintain a 1:1 peg to the US dollar.
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1 month ago | 
insurancejournal.com | Brody Ford |Dawn Lim |Olivia Solon |Faris Mokhtar
Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois, North Dakota and Wisconsin, according to people familiar with the situation.
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1 month ago | 
bloomberglinea.com | Brody Ford |Dawn Lim |Vinicy Chan |Faris Mokhtar
Bloomberg — Microsoft Corp. (MSFT) ha abandonado sus proyectos de centros de datos alrededor del mundo, lo que indica que la compañía se está replanteando sus planes de construcción de las granjas de servidores que impulsan la IA y la nube. La compañía de software ha paralizado o retrasado recientemente el desarrollo de centros en Indonesia, Gran Bretaña, Australia, Illinois, Dakota del Norte y Wisconsin, de acuerdo con fuentes conocedoras de la situación.
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1 month ago | 
news.bloomberglaw.com | Brody Ford |Dawn Lim |Olivia Solon |Faris Mokhtar
Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois, North Dakota and Wisconsin, according to people familiar with the situation.
