Policy & Regulations
OJK is targeting the finalisation of the regulation in the third quarter of 2026.
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Deals
The transaction will be carried out on a non-cash basis.
IPOs & Markets
The ETFs are part of an effort to link Indonesia’s bullion industry with the capital market.
People
Destry has been Bank Indonesia’s senior deputy governor since 2019.
The venture will include a $2.5 billion investment from the Indonesian fund.
KV Asia is currently raising its third fund with a target of $280m.
Ooredoo Group will provide long-term capital and serve as the lead investor.
The CVC unit has publicly backed only one startup – social commerce platform Dagangan.
Income tax already collected from the sellers will be refunded.
It will take over a 60% stake in PT KCIC, the company that operates the bullet train.