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Jakarta

Southeast Asia Editor at Bloomberg News

Editor for Bloomberg News in Jakarta. True blue Indonesian. Feels like an absent mom. Bathroom singer. Retweets are not endorsements. Views are my own.

Articles

Axiata, Sinar Mas Merge Indonesia Units in $6.5 Billion Deal

Dec 11, 2024 | ca.finance.yahoo.com | Prima Wirayani |Tassia Sipahutar |Soraya Permatasari

(Bloomberg) -- Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $6.5 billion. The owners of PT XL Axiata and PT Smartfren Telecom said the transaction would take effect on April 15, with the former being the surviving entity and changing its name to XLSmart Telecom Sejahtera, according to disclosures Wednesday.
Axiata, Sinar Mas to Merge Indonesian Units in $6.5 Billion Deal

Dec 10, 2024 | bnnbloomberg.ca | Prima Wirayani |Tassia Sipahutar |Soraya Permatasari

(Bloomberg) -- Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $6.5 billion. The owners of PT XL Axiata and PT Smartfren Telecom said the transaction would take effect on April 15, with the former being the surviving entity and changing its name to XLSmart Telecom Sejahtera, according to the companies’ disclosures on Wednesday.
Axiata, Sinar Mas to Merge Indonesian Units in $6.5 Billion Deal

Dec 10, 2024 | bloomberg.com | Prima Wirayani |Tassia Sipahutar |Soraya Permatasari

Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $6.5 billion. The owners of PT XL Axiata and PT Smartfren Telecom said the transaction would take effect on April 15, with the former being the surviving entity and changing its name to XLSmart Telecom Sejahtera, according to the companies’ disclosures on Wednesday.
Victorious Jakarta Protesters Send Warning to Indonesia’s Elites

Aug 23, 2024 | bloomberg.com | Chandra G. Asmara |Soraya Permatasari |Adrian Kennedy

It took little more than 24 hours for Indonesian protesters to end a power grab by the nation’s elite, showing the depth of anger at dynastic politics and democratic backsliding in Southeast Asia’s biggest economy. On Wednesday evening, after lawmakers aligned with President Joko Widodo and President-elect Prabowo Subianto tried to undercut a day-old Constitutional Court ruling on the upcoming regional elections, students, unions and opposition parties acted fast.
Victorious Jakarta Protesters Send Warning to Indonesia’s Elites

Aug 22, 2024 | msn.com | Chandra G. Asmara |Soraya Permatasari |Adrian Kennedy

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Victorious Jakarta Protesters Send Warning to Indonesia’s Elites

Aug 22, 2024 | yahoo.com | Chandra G. Asmara |Soraya Permatasari |Adrian Kennedy

(Bloomberg) -- It took little more than 24 hours for Indonesian protesters to end a power grab by the nation’s elite, showing the depth of anger at dynastic politics and democratic backsliding in Southeast Asia’s biggest economy.
Indonesian Protests Mount, Forcing Rethink on Legal Changes

Aug 21, 2024 | msn.com | Chandra G. Asmara |Soraya Permatasari

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Protests Hit Indonesia, Stalling Moves to Rejig Election Law

Aug 21, 2024 | finance.yahoo.com | Chandra G. Asmara |Soraya Permatasari

(Bloomberg) -- Indonesian lawmakers adjourned parliament as thousands protested proposed electoral changes seen as favoring the alliance of President Joko Widodo and his successor, Prabowo Subianto. Most Read from BloombergThe Serious Work That Free Play Can DoStocks and the rupiah fell, while the central Jakarta police chief said at least 3,200 police personnel have been deployed across the city along with military vehicles and water cannons.
China National Detained for Illegal Mining in Indonesia’s Borneo

May 11, 2024 | bloomberg.com | Soraya Permatasari

Indonesian authorities have arrested a Chinese national suspected of conducting illegal mining activities in Borneo, according to a statement from the Energy and Mineral Resources Ministry. The suspect, who was identified by the initials YH, hired 80 fellow Chinese nationals to mine and produce gold ingots at an illegal site in Ketapang regency in West Kalimantan, the ministry said in the statement Saturday.
Jokowi Divides Followers Ahead of Election With Final Gamble to Retain Influence

Feb 7, 2024 | bloomberg.com | Faris Mokhtar |Soraya Permatasari

President Joko Widodo is making a gamble on his preferred successor winning Indonesia’s election in one round, even as the wager risks dividing his supporters, denting his credibility and curbing the influence he has built in the past decade. The leader known as Jokowi is betting on Prabowo Subianto winning outright on Feb.