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Indonesia’s Fit Company Raised Seed Funding from East Ventures

JAKARTA (TheInsiderStories) — The Fit Company, a holding company that focuses on active and healthy lifestyle products in Indonesia, announced that it had secured...

Singapore’s Helicap Raises US$5M Led by East Ventures, Soilbuild Group

JAKARTA (TheInsiderStories) - Helicopter Capital (Helicap), a financial technology investments platform in South-east Asia & Oceania announced today that it raised US$5 million during its...

Go-Jek, East Ventures Invests in Indonesia’s Media Company

JAKARTA (TheInsiderStories) - Two Indonesian private equity firms invested in local online media as part of its expansion into online content, it said. Go-Ventures, unit...

East Ventures, Vertex Ventures Injects Funds US$5M for Indonesia’s Cicil

JAKARTA (TheInsiderStories) ​— Cicil​, the leading instalment financing platform for Indonesian university students, announced earlier today that it has secured a Series A funding...

Indonesia’s Moladin Raises Fund US$1.2M from East Ventures, Berjaya Group, Ethos Partner

JAKARTA (TheInsiderStories) - Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and...

Indonesia’s Montir Raises Series A Funding From East Ventures

JAKARTA (TheInsiderStories) - Montir​, an on-demand automotive service and spare part company that aims to bring car workshop to customer’s location, announced today that it...

Sinar Mas, East Ventures, Japan’s YJ Capital Set up EV Growth

JAKARTA (TheInsiderStories) - East Ventures (EV) is collaborating with Tokyo's based YJ Capital Inc. and SMDV --venture capital (VC) firm under Sinar Mas Group --,...

Grab Ventures Ready to Invests US$250M in Indonesian Startup

JAKARTA (TheInsiderStories) - The Singapore-based ride hailing firm Grab Holdings Inc. announced would invest US$250 million in Indonesian startup through its Grab Ventures arm, said...

Telkom Indonesia’s MDI Ventures Leads $4M Investment in Singapore’s Anchanto

JAKARTA (TheInsiderStories)--Anchanto, a Singapore headquartered pan-Asia SaaS technology company has raised US$4 million in the first round of its ongoing Series C investment, led...

PHI-Integration Secures Seed Funding from East Venture, Skystar Capital

JAKARTA (TheInsiderStories) – ​PHI-Integration, a software company that provides data analytics and management services, announced on May 30 that it has secured an undisclosed...

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Indonesia Plans to Complete the Unclear Regulations on Agricultural VAT

Indonesia Plans to Complete the Unclear Regulations on Agricultural VAT

JAKARTA (TheInsiderStories) – The government plans to discuss the impact of policies related to the discourse on the elimination of Value Added Tax (VAT)...
Indonesia to Completes Korea's CEPA This Year

Indonesia to Completes Korea’s CEPA This Year

JAKARTA (TheInsiderStories) – Indonesian government continues to boost the process of ratifying trade agreements with other countries. This year, the government intends to finalize...
China's Current Account Surplus in Q4 2018 by Strong Exports

China’s Current Account Surplus in Q4 2018 by Strong Exports

JAKARTA (TheInsiderStories) – China posted a current account surplus of US$ 54.6 billion in the fourth quarter (Q4) of 2018, a 134.3 percent increase...
Moody's Revises Bumi Resources' Ratings Outlook to Negative

Moody’s Revises Bumi Resources’ Ratings Outlook to Negative

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B3 corporate family rating (CFR) for PT Bumi Resources Tbk (Bumi). At the same time, Moody's has...
Indonesia' Maybank will Issue Bonds of US$ 71.42 M

Indonesia’ Maybank will Issue Bonds of US$ 71.42 M

JAKARTA (TheInsiderStories) - PT Bank Maybank Indonesia Tbk (IDX:BNII) plans to issue bonds  around Rp1 trillion or US$ 71,42 million in second half of...
Insight: Questioning Trump's Denuclearization Commitment

The US Wants to Set Up a Liaison Office in North Korea

JAKARTA (TheInsiderStories) – United States (US) is considering setting up a diplomatic office in North Korea, a symbolic move that could show how relations...