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“Warung Pintar” Raises US$ 27.5M in Series B Funding

JAKARTA (TheInsiderStories) – Indonesia micro retail technology startup company Warung Pintar just announced that it had secured US$ 27,5 million in series B funding....

Malaysia’s Grab Create Digital Insurance Marketplace in SEA

JAKARTA (TheInsiderStories) - Malaysian Grab Holdings Inc., ride-hailing operator in Southeast Asia, has collaborated with Hong Kong ZhongAn Technologies International Group Ltd. (HKEX stock code: 6060),...

Indonesia’s J Resources Private Placement May Stumble on Free Float Regulation

JAKARTA (TheInsiderStories) — Indonesian gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) will issue 2.64 billion new shares through private placement, said...

Industrial Bank of Korea Officially Owned Bank Agris

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) officially owned 95.79 percent of Indonesian lender PT Bank Agris Tbk (IDX:AGRS). Followed the compeletion, IBK intends...

Insight: Expecting China’s Lower Borrowing Costs Impact on Indonesian Economy

JAKARTA (TheInsiderStories) — The bamboo curtain country is on its path to relieve the economic slowdown. China’ central bank took action by distributing RMB1.14...

The Global Economy: Rising Recession Risks

JAKARTA (TheInsiderStories) - The danger of a global economic downturn has risen, but the probability of a recession in 2019 is still low. After a brief...