Indonesia launches ‘Golden Visa’ to lure foreign investors, boost economy

Indonesia launches 'Golden Visa' to lure foreign investors, boost economy

Several countries offer similar investment visa schemes, but others, including Canada, Britain and Singapore, have scrapped such schemes as their governments concluded they do not create jobs and could be a means to park speculative money. Jokowi, as the president is commonly known, said the visa was intended to lure “good quality travellers”. “We’re launching … Read more

Wipro Consumer Care Ventures Makes Tenfold Return On Partial Exit In The Good Glam Group

It has made investments in nine different companies, including The Good Glamm Group, Ustraa, OneLife, LetsShave, Soulflower, and Power Gummies Power Gummies Raises $6M In Latest Round Of Funding Deals RoundUp: Carro, Matrubharti, Viridian Capital, Alibaba, Sminq, Oneway.cab, Bonhomia, DCB Bank, Microsoft. Tata Cliq, VMware, Arkin, GoBolt, Mcube8, Nokia, Thinkphi, Google and Zone startup India … Read more

Indonesian State Shipping Company Plans $3B Fleet Modernization

Pertamina operates two newly built VLCCs but the fleet has an average age of 20 years (Pertamina) Published Nov 22, 2022 3:33 PM by The Maritime Executive The shipping division of Indonesia’s state-owned energy company Pertamina is planning an accelerated investment program designed to modernize its fleet and expand its capabilities. Detailing its future business … Read more

Indonesian Beauty Brand Y.o.u Raises $40 Million in New Funding Round

The series C financing round, led by Hidden Hills Capital, will be largely used for further physical retail expansion in emerging markets, research and development as well as supply chain diversification. This latest round brings Y.o.u’s total fundraising to $70 million since the company’s was founded in 2018 by a team that previously worked at … Read more