Money Forward Sleekr

Japan’s Money Forward makes first overseas investment in Indonesian startup Sleekr

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Sleekr is among the five companies that received between $2 million and $3 million from Money Forward.

Indonesia’s central bank issues fresh warning over cryptocurrencies

Last month, Bank Indonesia issued a regulation banning the use of cryptocurrencies by fintech companies involved in payment systems and said it is examining whether there’s a need to regulate trading on virtual currency exchanges.


Indonesia lays foundation for transfer of Grasberg copper mine to local control

Indonesia and Papua have long pushed for greater control over Grasberg and the new ownership structure may ease tensions.


IFC likely to extend $100m debt to Indonesia’s snack producer Nabati

The estimated investment required for Nabati’s project expansion is $133 million.


Three more Indonesian state firms eye Komodo bond issuance this year

The companies are already computing the funds they expect to collect from the issuance.


People Digest: RedDoorz names new board members; Kazuki Kusaka joins MTS Health

RedDoorz has appointed Bhanu Chopra as an independent director and Philip Wolf as a board advisor.


Indonesia: Tempo Inti Media attracts interest from six strategic investors in $7m rights issue

Surya Citra Media, Edwin Soeryadjaya, PT Sukses Perdana Mandiri, and PT Sinar Ganda Jaya are among the strategic investors investing in the issue


IFC extends $40m loan to Indonesia’s Radana to boost MSMEs lending

The five-year financing package comprises $20 million from IFC’s own account plus another $20 million that IFC helped mobilize from three other organizations.


Exclusive: Salim Group, MAP latest to eye digital payments in Indonesia

The two firms have applied to Bank Indonesia for an e-money licence.


From the entrepreneur’s desk: Thank you 2017, thank you Tiket.com

Natali Ardianto, the former co-founder and CTO of Tiket.com, shares his journey in this post as he moves on to pursue new opportunities.