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Indonesia, XL Axiata
Indonesia's XL Axiata, Smartfren agree to $6.5 billion merger
By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -Indonesian telcos XL Axiata, Smartfren Telecom and its unit Smart Telcom (SmartTel) have agreed to merge to create an entity with an enterprise value of 104 trillion rupiah ($6.
Axiata, Sinar Mas Merge Indonesia Units in $6.5 Billion Deal
Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $6.
Billionaire Widjaja Family, Axiata Merge Indonesian Telecom Business In $6.5 Billion Deal
Smartfren Telecom—controlled by billionaire Widjaja family’s Sinar Mas—and Malaysia’s Axiata Group are merging their Indonesian telcos in a deal valued at $6.5 billion.
Indonesia's XL Axiata, Smartfren to merge, with $6.5 billion enterprise value
By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -Indonesian telcos XL Axiata, Smartfren Telecom and Smart Telcom (SmartTel), a unit of Smartfren, said on Wednesday they have agreed to merge to create a combined entity with an enterprise value of 104 trillion rupiah ($6.
5h
Indonesia to build 1.2-bln-USD methanol plant in East Java
Indonesia will build a methanol plant worth 1.2 billion US dollars in Bojonegoro, East Java, as part of the country's efforts ...
1h
on MSN
Wealth Of Indonesia’s 50 Richest On Forbes List Rises To US$263 Billion
A total of 31 listees are wealthier this year, including brothers R. Budi and Michael Hartono, at No. 1, a position they have held for over a decade.
1d
Indonesia president calls for more prudent government spending amid global tensions
Indonesia's President Prabowo Subianto called on Tuesday for more efficient government spending amid expected economic ...
5d
on MSN
Indonesia agrees to repatriate Filipino woman who spent years on death row over drug trafficking
Indonesia and the Philippines signed a deal on Friday to send home a Filipino death-row drug convict who was nearly executed ...
Mongabay
1d
Construction of Indonesia’s new capital sees port activity crowd out fishers
Abdul Kadir looked out to sea as a gathering of storm clouds darkened the outlook for the day’s fishing in Balikpapan Bay.
2h
Bain Capital invests $157 mln in Indonesia's Mayapada Healthcare Group
U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada Healthcare Group, or Sejahteraraya Anugrahjaya Tbk PT , according to a joint ...
8d
on MSN
Indonesia in Dire Need of Film Industry Workplace Safety and Health Regulation, Experts Say at JAFF Market Panel
Indonesian filmmakers have raised concerns regarding workplace safety for production crew on the opening panel at the ...
8d
LA Times Today: Sex tourism in Indonesia sells itself as Islamic temporary marriage
Sex tourism in Indonesia sells itself as Islamic temporary marriage Watch L.A. Times Today at 8 p.m. on Spectrum News 1 on ...
BenarNews
2d
Indonesia’s new govt draws concerns about human rights accountability
One group pointed to President Prabowo Subianto’s appointment to top positions of two ex-military officers accused of human ...
10d
Indonesia to Form a State Revenue Ministry, President's Advisor Says
JAKARTA (Reuters) - Indonesia plans to form a state revenue ministry to improve revenue collection, Hashim Djojohadikusumo, ...
5h
Indonesia’s 50 Richest 2024: Combined Wealth Climbs To $263 Billion Amid Steady Economic Growth
This story is part of Forbes’ coverage of Indonesia’s Richest 2024. See the full list here.
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