Policy & Regulations
The high-profile corruption case is related to the procurement of Chromebook laptops for schools.
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Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
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Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
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Blackstone shelves $4b New World deal
More Stories
VinFast to transfer EV manufacturing business in $530m transaction
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
JALA Tech backer seeks $30m for new aquatech roll-up platform
Why Sea Ltd thrives even as its strongest business posts the thinnest margins
Asia Partners leads funding in SG’s Little Farms; Heliconia exits
People
INA has reportedly named investment banker Oki Ramadhana as CEO.
IPOs & Markets
Shares of some companies owned by the nation’s richest families tumbled.
Deals
The platform aims to consolidate smaller independent tech firms with extensive local networks.
The company’s losses more than halved to $0.3 million in FY2025 from $1.8 million in FY2024.
Analysis
DealStreetAsia had reported in Feb that CVC is in talks to invest in MAPI.
The acquisition marks IDN’s expansion into physical creative and community spaces.
Governance, operational verification, and financial transparency have come into sharper focus now.
Another shareholder is said to be looking to increase its stake.
Prosecutors alleged the three worked together to facilitate unlawful financing disbursements from BRI.
