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Indonesia’s Lippo Raises Stake in Local Hospital Firm Siloam for $25.27 Million
Indonesian conglomerate Lippo, through Lippo Karawaci, increased its stake in locally listed Siloam International Hospitals.
- Categories
- Health Care, Investing
- Region
- South Asia
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Gojek’s Investment Arm Backs $22 Million Round of Audio Content Firm
The company is boosting its growth through Noicemaker Studio, which allows content creators to distribute their audio content directly on the Noice platform.
- Categories
- Technology
- Region
- South Asia
- Tags
- partnerships
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CATL to Partner With Indonesian State Companies on $6 Billion Electric Vehicle Battery Project
Contemporary Amperex Technology Co. and two state-owned companies in Indonesia plan to jointly develop a $6 billion electric-vehicle battery integration project, capitalizing on the bigger shift by the auto industry toward battery-powered vehicles.
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- e-mobility, manufacturing, recycling
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JULO Raises US$80M from Credit Saison to Further Expand in Indonesia
JULO is one of the earliest in Indonesia to offer virtual credit card services. It raised funding from the likes of Skystar Capital, Saratoga Investama.
- Categories
- Finance
- Region
- South Asia
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Press Release: GoTo Completes Landmark Listing on the Indonesia Stock Exchange
GoTo Group plans to use the proceeds from the IPO, after deducting issuance costs, for working capital to support the Company’s growth strategy, comprising four pillars.
- Categories
- Technology
- Region
- South Asia
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Press Release: Voyager Innovations Raises US $210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank
Voyager Innovations is the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank.
- Categories
- Telecommunications
- Region
- South Asia
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Press Release: U.S. Government Investing $1.9 Million to Boost Fonio Exports from Mali
USAID / Prosper Africa co-investment grant to Mali Shi SA and Yolélé will boost exports, create 13,000 jobs.
- Categories
- Agriculture
- Region
- South Asia
- Tags
- food security, nutrition
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Indonesia Needs $25 Billion for Green Hydrogen
The Indonesian government estimates that Southeast Asia’s largest economy will need investments of up to $25.2 billion to develop green hydrogen from 2031 to 2060.
- Region
- South Asia