indonesia

The Singapore-headquartered ride-hailing app said it plans to raise $6.5 billion by the end of this year and to ink at least six further deals.

Jakarta's move to double down on Mulyani Indrawati bears fruit yet again as she stays top of the Asian finance minister pile for the third year in a row.

CVC Capital Partners is ready to complete one of its most profitable deals in Asia. It could raise up to $353 million when it divests its majority stake in the Indonesian sports goods retailer.

To calculate the ride-hailing startup’s valuation, investors will have to offset the cost of its fight with Grab against the hidden value in its payments app and huge capacity to hoover up data.

Airwallex has raised $100 million via a Series C funding round led by DST Global, valuing it at over $1 billion. The start-up this year also expects to process $10 billion-plus in payments.

WIR is planning to list in Jakarta later this year. The fast-growing Indonesian startup is banking on its ability to create a virtual bridge between big brands and consumers on the populous archipelago.

Portfolio managers and buy-side analysts give their verdicts on the region's corporations. India, Indonesia and Singapore see HDFC Bank, Bank Central Asia and DBS lead the way.

Real estate platform NWP Retail completes fundraising Korean Teachers’ Credit Union, the CITIC Securities One-Belt-One-Road Fund and Warburg Pincus.

Asia ex-Japan's bond market took a big hit in terms of variety of issuers, with both volume and deal counts from first-time issuers fell to their lowest levels in five years.