JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today:
Google, Temasek Coming in as New Investors in Go-Jek: Sources
Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing startup Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors, such as global private equity firms KKR & Co and Warburg Pincus, are also participating in the funding round, which is raising about $1.2 billion in total, the sources said.
They said the funding round opened last year and is expected to close in a few weeks. The funding by prominent investors including Google gives Go-Jek greater firepower to tackle competition at home from Grab and Uber Technologies, which are viewing Indonesia, Southeast Asia’s most populous country, as a large potential market.
China SOEs Eye Kuala Tanjung Port Stage 2 Project
President Director of PT Pelabuhan Indonesia I, Bambang Eka Cahyana, said that China’s SOEs are interested in the development project of Kuala Tanjung Phase II Port in Batubara Regency, North Sumatra. “Many foreign interest, But China is very aggressive,” said Bambang Eka Cahyana.
According to him, there are several Chinese government-owned companies interested in the project. He said that his side is currently negotiating with the Dutch company Port of Rotterdam Authority for the project. But negotiations are still very tough, especially about the revenue share.
Kalbe Farma Partners With Two Japanese Firms to Set Up Rp 100b Clinical Lab
Kalbe Farma, Indonesia’s largest pharmaceutical company, announced on Thursday (18/01) that it has forged partnerships with two Japanese companies to establish a Rp 100 billion (US$7 million) clinical laboratory in Sunter, North Jakarta.
This will allow Yokohama-based medical laboratory service provider Health Sciences Research Institute (HSRI) and Toyota Tsusho Corporation, a subsidiary of Toyota Motor Corporation, to make inroads in Indonesia’s health care sector.
Kalbe and the two Japanese companies have established Innolab Sains Internasional, a joint venture in which the Indonesian company controls 60 percent and HSRI and Toyota Tsusho 20 percent each.
AirAsia’s international flights to move to Terminal 3 of Soekarno-Hatta
State-owned airport operator PT Angkasa Pura II (AP II) has announced that departures and arrivals of AirAsia’s planes for international flights will move to Terminal 3 of Soekarno-Hatta International Airport in Tangerang, Banten, from Terminal 2E of the airport.
The relocation of AirAsia’s international flights will start on Jan. 22 at 3 a.m.