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Tech 1 month ago
‘Vibe Coding’: How Asia’s finance teams are rewriting rules
AI coding agents allow finance teams to build solutions without needing an engineering background, as they only need to define the logic and desired outputs, while the AI writes the code, tests it and connects it to relevant data sources.
Companies 4 months ago
PREMIUM
Danamon, MUFG Indonesia to integrate operations, target 2027
If completed, the integration would combine the global and domestic strengths of both entities and potentially create one of the country’s largest financial institutions, with combined assets exceeding Rp 480 trillion (US$27.5 billion).
Companies 8 months ago
PREMIUM
Danantara buys Mecca hotel, land assets amid Haj Village push
Under the agreement, both Danantara and Thakher Development will acquire the Novotel Makkah Thakher City, a 1,461-room hotel, along with 14 land plots spanning roughly 4.4 hectares earmarked for future development.
Companies 1 year ago
PREMIUM
Telkom to consolidate weak subsidiaries in major shake-up
Telkom's new CEO is starting her tenure with a bang, kicking off an initiative to strengthen the state-owned telco's bottom line by streamlining underperforming subsidiaries through internal consolidation and possibly external mergers.
Opinion 1 year ago
PREMIUM
Analysis: Danantara’s planned corporate actions rife with contradictions
Indonesia’s new sovereign wealth fund (SWF) Danantara has announced plans to invest up to US$5 billion from the $7.5 billion in dividends it collects from state-owned enterprises (SOEs) this year to fund projects that promise both high financial returns and significant economic impact. However, observers remain skeptical that the fund’s planned corporate actions will deliver the promised performance.
Companies 1 year ago
PREMIUM
GoTo opens up on receiving, reviewing multiple takeover offers
In a stock disclosure submitted on Thursday, the homegrown tech giant has dismissed recent reports on a possible sale to industry rival Grab as “speculation”, saying it received periodical acquisition offers but had not agreed to any deal at present.
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