Deals
The move is part of Akulaku Group’s efforts to reorganise its financial services entities in Indonesia.
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ID Digest: Finfra secures ADB Ventures investment; Akulaku restructures ops
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TPG raises $1.3b for debut Asia mid-cap fund, surpassing target
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HSG acquires 80% stake in Chinese medical parts maker PeierTech
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AI spending spree is eating into Big Tech's once-enviable cash flows
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Binance freezes crypto assets after $6.3b security breach
More Stories
Malaysia’s Sunway Group said to be leading race for Pharmaforte stake
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
Less than 20% of boom-era startups graduate to Series B in SE Asia
Fintech firm Fingular secures $20m credit facility for Malaysia expansion
GoTo posts third straight quarterly profit even as commission cap hits mobility services
Analysis
GoTo’s turnaround is credible, but market needs proof that the improvement is durable.
Earnings and Results
Fintech continued to drive earnings growth in Q3 2026.
The bank attributed the growth to higher lending and rising demand for credit.
The report tracked 393 companies that raised Series A between 2021 and 2023.
This quarter marks the highest net profit for the bank this year.
Policy & Regulations
Danantara’s proposal is being considered while the exchange awaits bids from other parties.
A local magnate acquired a 30.25% stake in Bayan at a steep discount to market price.
BioBharat has taken control of Anuva, increasing its stake to 68.3% from 14.5%.
Batam Island suffers water problem, power outage amid AI-driven boom.
