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View all search resultscapital-injection
Business 5 years ago
Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal
The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for state-owned enterprises (SOEs) next year, some of which will be used to resolve the investment mismanagement scandal involving state insurer PT Asuransi Jiwasraya.
Business 6 years ago
From Jay-Z to Serena Williams, celebrities invest in local coffee chain Kopi Kenangan
Williams invested through her venture company, Serena Ventures, while Jay-Z made the investment through his venture firm Arrive, a subsidiary of entertainment management company Roc Nation Company.
