indonesia

How structural growth and stable funding anchor Indian and Indonesian financiers' resilience

India’s domestically-driven economy and Indonesia’s commodity-led exports should provide some resilience despite a more challenging operating environment characterised by higher global inflation, rising interest rates and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions at Fitch Ratings discusses the prospects for India and Indonesia’s finance and leasing sector in the current economic environment.
By Fitch Ratings

Indonesia’s start-up scene: The land of plenty

Indonesia is the largest economy in Southeast Asia and home to tech success stories like GoTo and Bukalapak, but thanks to the market’s size and scale, we are only at the very beginning of its start-up story.
November 01, 2022

Blibli seeks to raise $530 million on IDX, but faces bleak share performance

The listing will be the Indonesian bourse’s third largest, after those of Bukalapak and GoTo. But Blibli may not enjoy the same “hype” as its predecessors, given the instability of tech sector share prices, experts opined. Both firms have seen their share prices drop significantly since IPO.
October 25, 2022

MUFG announces senior appointments in Asia Pacific

Daisuke Ejima, former country head of Indonesia for MUFG’s Jakarta branch, will become the bank’s regional executive for Asia Pacific. Meanwhile, Scott Campbell and Shivanan Sivarajah take on roles leading sector coverage and project finance for Asia, respectively.
June 07, 2022

Exclusive interview with Bukalapak president: Teddy Oetomo

Teddy Oetomo speaks to FinanceAsia about executing Indonesia’s biggest IPO to date, how Bukalapak is working to advance financial inclusion, the outlook for 2022 and the company’s philosophy of cultivating value through collaboration.
February 08, 2022