Jokowi means business with corruption battle

He becomes leader of Asean’s largest economy on Monday but his presidential rival controls parliament. This is not good for Indonesia's much needed reforms.

Private equity firm Navis talks to FinanceAsia about Jokowi's cleanup in Indonesia, Asean integration and taper tantrums.

Indra Kanoena, BUMA's president director, said the issuance, which was backed by mutual funds, insurers, asset managers, pension funds, and banks, will allow BUMA to become a more diversified mining company.

The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts.

Shinta Widjaja Kamdani believes her business and her country will benefit from China's initiative ... but there are downsides.