The DKI provincial government is preparing an IPO for Bank Jakarta and PAM Jaya, along with regional bonds, to support development financing without relinquishing majority control.

PT GoTo Gojek Tokopedia Tbk was formed by last year’s merger of ride hailing-to-payments company Gojek and e-commerce leader Tokopedia.

Chief Executive of the Capital Market Supervisory Financial Services Authority (OJK) Hoesen said that three big tech companies are going to go public.

Former Indonesian President Megawati Soekarnoputri criticizes Indonesian youth for protesting instead of contributing