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View all search resultsMerger
Politics 6 days ago
PREMIUM
Potential Gerindra-NasDem merger could reshape 2029 electoral landscape
Talks about a potential merger between Gerindra and NasDem, two of the country’s five largest political parties, have recently emerged, a scenario that analysts said could alter the political landscape ahead of the 2029 presidential election and weaken prospects for opposition figures.
Academia 1 month ago
PREMIUM
The early signs of platform power in our ride-hailing economy
As ride-hailing drivers report increasing scarcity and pay-to-participate barriers, the invisible hand of the algorithm is reshaping our digital economy. We must ask whether platform innovation is expanding opportunity or quietly redefining the terms of fairness for millions.
Companies 2 months ago
PREMIUM
Pertamina merges fuel, refining and shipping units to ‘improve efficiency’
Plans to merge Pertamina’s downstream subsidiaries have been in the works since early last year, after a corruption scandal over the alleged sale of lower-grade imported fuel as higher-octane products.
Economy 4 months ago
PREMIUM
OJK pushes for consolidation in market with ‘too many banks’
A consolidation push in the banking industry looks set to make small lenders targets of mergers and acquisitions as the Financial Services Authority (OJK) wants to eliminate the lowest core capital category, which currently dominates the industry.
Opinion 4 months ago
PREMIUM
Analysis: Patrick Walujo exits as GoTo CEO, speeding up long-awaited Grab–GoTo merger
Patrick Walujo has stepped down as CEO of GoTo Gojek Tokopedia Tbk (GoTo), a move that appears to open the way for accelerated acquisition talks with Grab. Several major GoTo backers—including SoftBank, Provident, and Peak XV—were reported to have pushed for his removal, believing he had resisted the proposed takeover. The company has since announced its chief operating officer, Hans Patuwo, as the leading candidate to replace Patrick. The leadership transition comes at a sensitive moment for GoTo, amid persistent merger rumors that have reportedly drawn the attention of the Palace.
