Indonesia’s P2P lender ALAMI closes investment round led by Intudo Ventures

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Indonesia-based peer-to-peer lending (P2P) player Hijra (also known as ALAMI Group) has secured an investment round led by Indonesia-only venture capital firm Intudo Ventures, alongside existing backers including East Ventures (Growth fund), AC Ventures, Quona Capital, and Golden Gate Ventures, among others. While the company did not disclose the financial terms of the transaction, sources … Read more

Indonesian court jails CEO, three others, over deadly cough syrup

A cough medication is poured in this picture illustration taken October 19, 2022. REUTERS/Ajeng Dinar Ulfiana/Illustration/File Photo Acquire Licensing Rights JAKARTA, Nov 1 (Reuters) – An Indonesian court sentenced to jail on Wednesday the chief executive and three other officials of a company whose cough syrup has been linked to the death of more than … Read more

A quieter, less spoilt alternative to Bali

Sumba is home to largely a subsistence culture, and as we snake along the jungle-lined dirt roads on electric bikes we see farmers tilling rice fields, villagers gathering taro root, and families boiling seawater on open fires to make salt. The villages scattered across the island are a step back in time. Here, men still … Read more

How to Immerse Yourself in the Culture and Beauty of Bali, Indonesia

Photo by Harry Kessell Bali, the enchanting Indonesian island known for its captivating landscapes, pristine beaches, and vibrant culture, offers a journey that goes beyond typical travel experiences. The warm hospitality of the locals, hidden natural wonders, and rich cultural heritage set Bali apart as a destination that promises both relaxation and exploration. In this … Read more

Exploring Komodo Island: The Hidden Gem of Indonesia

To make the most of your trip to Komodo Island, it is recommended to book a boat tour from Labuan Bajo, a small port town on the west tip of Flores Island. By joining a boat tour, you will have the opportunity to explore the different islands and attractions within the Komodo National Park. When … Read more

From 3.5-hour drive to 40-minute ride, GT reporters taste speed, beauty of Jakarta-Bandung high-speed train

After enduring a bumpy 3.5-hour-long highway ride and a bout of traffic congestion, we finally arrived in Indonesian famous tourism city Bandung by car, which was only 130 kilometers from the capital Jakarta, during a fieldtrip to the Tegalluar Station, the last point on the Jakarta-Bandung HSR in July.  Locals told us that the … Read more

Malaysia’s Bumi Armada inks deal for LNG development in Indonesia

Sept 13 (Reuters) – Malaysia’s Bumi Armada (BUAB.KL) on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG). Under the deal, the companies will record key principles to develop and commercialize … Read more

Indonesia extends validity of mining production plans to three years

JAKARTA, Sept 21 (Reuters) – Indonesia will allow mining production plans to stay valid for three years with immediate effect, according to rules made public on Thursday, as it looks to beef up efficiency in quota approvals. The move comes as nickel smelter operators, battling surging ore prices, had to import nickel ore from the … Read more

A food guide on what to eat at The Exchange TRX, Kuala Lumpur

Nestled in the heart of Malaysia’s international financial district—Tun Razak Exchange (TRX)—The Exchange TRX pulsates as a vibrant lifestyle nucleus. Orchestrated by the globally renowned real estate maestro—Lendlease—with a laudable pedigree in urban regeneration, this innovative project is on course to be the pulsating social epicentre of Kuala Lumpur. Lendlease infuses its distinctive retail savoir-faire … Read more

Supermom launches initiative to partner 25 Singaporean brands expanding to Indonesia

Supermom, a Singapore-based parenting networks backed by AC Ventures, has announced the launch of a new initiative committed to helping small businesses develop. The tie-up is set to facilitate market entry to Indonesia for 25 Singapore-based family-centric brands, Supermom said in a statement on Friday. According to the statement, Indonesia emerges as a vital market … Read more