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View all search resultsFor Danantara, the priority should be safeguarding state investment integrity and keeping Indonesia’s digital market open and credible. Acting prematurely or politically could turn strategic capital into reputational risk.
The private bank appears to be planning an IPO slated for an IDX listing on Dec. 11, according to what appears to be a leaked prospectus circulating on social media but has not been verified to date, setting it on course to potentially become a “lighthouse company".
Over the past decade, Indonesia’s digital landscape has evolved beyond its initial premise as "dinosaur" corporations slowly caught up with nascent disruptors, pointing to a future that will be defined by those that possess both youthful agility and mature resilience.
Grab has reaffirmed that its relationship with its driver-partners is a humanitarian bond maintained with a long-term commitment, manifested in ongoing support and constant presence for partners and their families, especially in the most difficult situations.
Garda Indonesia, along with merchants and customers, held a protest on Monday in Jakarta against a planned 15 percent fare hike as well as government inaction in responding to drivers' demands following the previous rally in May.
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