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View all search resultsHomegrown unicorn Bukalapak is expecting a massive success with its initial public offering (IPO) as investors are reportedly eager to grab a piece of the pie, but critics say the maiden listing of an e-commerce company in Indonesia is overhyped.
The researchers said the black hole is roughly three times the mass of our sun, testing the lower limits of size for these extraordinarily dense objects that possess gravitational pulls so strong not even light can escape. A luminous star called a red giant orbits with the black hole in a so-called binary star system named V723 Mon.
Attracting tech start-ups is one of the bourse’s many strategies to deepen Indonesia’s shallow financial market whose market capitalization-to-gross domestic product (GDP) ratio of 46.8 percent is the lowest among the ASEAN-6.
Indonesia’s start-ups opportunity is tremendous, especially since the US-China tension has pushed investors to redirect their funds to Southeast Asia, and they are focusing on Indonesia as a big market.
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