indonesia | FinanceAsia

Indonesia's Pertamina NRE snaps up 20% of Philippines' Citicore Renewable Energy

The Philippines is one of the fastest growing markets for renewable energy investment and the $115m of proceeds will be used towards hydro, wind and solar projects in the country.

January 10, 2025

Eza Hill expands into Indonesia with deals for three logistics hubs

The Singapore real asset business, backed by Hillhouse, has bought logistics' assets worth $148m from a ESR Group fund, as it eyes SEA expansion.

November 28, 2024

Indonesian miner BUMA secures 1 trillion Rupiah bond issuance

Indra Kanoena, BUMA's president director, said the issuance, which was backed by mutual funds, insurers, asset managers, pension funds, and banks, will allow BUMA to become a more diversified mining company.

October 01, 2024

Citi completes sale of Indonesia consumer business to UOB

The move is part of a deal for Citi to sell consumer banking businesses in Malaysia, Thailand, Vietnam and Indonesia to UOB as it retreats from 14 markets in the space. Meanwhile, a major reorganisation at the bank has begun, including Asia leadership changes.

November 20, 2023

Indonesian PPP player secures syndicated sustainability-linked facility

The $700 million loan secured by PT SMI signals a growing market for sustainable infrastructure development, as banks seek to support Indonesia’s transition to net zero.

September 26, 2023

How BRI embraced ESG and DEI while serving Indonesia’s unbanked population

Besides raising $6.73 billion in Southeast Asia’s largest rights issue in 2021, Indonesia-based BRI has emerged as a bank leading the change in the DEI and ESG spaces.

By Bank Rakyat Indonesia

In-depth: Exploring Hong Kong and Indonesia’s strategic potential

From Indonesia’s resource-rich, onshore EV supply chain, to Hong Kong’s suite of sophisticated primary market products, experts assess the opportunity on offer to both regions’ capital markets, following formal signature of a strategic partnership between HKEX and IDX last week.

August 01, 2023

How structural growth and stable funding anchor Indian and Indonesian financiers' resilience

India’s domestically-driven economy and Indonesia’s commodity-led exports should provide some resilience despite a more challenging operating environment characterised by higher global inflation, rising interest rates and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions at Fitch Ratings discusses the prospects for India and Indonesia’s finance and leasing sector in the current economic environment.

By Fitch Ratings

Indonesia’s start-up scene: The land of plenty

Indonesia is the largest economy in Southeast Asia and home to tech success stories like GoTo and Bukalapak, but thanks to the market’s size and scale, we are only at the very beginning of its start-up story.

November 01, 2022