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Jakarta
IPO
Internet giant GoTo raises US$1.1 billion in Jakarta IPO
The pricing represents a projected market capitalization of about US$28 billion
March 31, 2022
Zest
Meet the optimistic hotelier: An interview with The Langham, Jakarta's Gaylord Lamy
Meet the optimistic hotelier: An interview with The Langham, Jakarta's Gaylord Lamy
July 20, 2021
Deals, joint ventures & alliances
Surbana Jurong, Mitsubishi and Sinarmas Land to jointly develop Jakarta transport complex
The companies will collaborate on a new transit-oriented development in Bumi Serpong Damai City.
April 12, 2021
REITs
LMIRT's malls in Jakarta to remain open with 50% visitor capacity during social restrictions
The restrictions in Jakarta will take place from September 14 to 27, and may be extended.
September 15, 2020
Geopolitics
Jokowi to announce new Indonesia capital to replace Jakarta
(Aug 26): Indonesian President Joko Widodo will announce the site of the country’s new capital on Monday, ending months of speculation about the location of the new city to replace Jakarta as the administrative headquarters.
August 26, 2019
Property
Metro announces $114 mil investment in Indonesia's Trans Park Bintaro project
SINGAPORE (Apr 16): Metro Holdings has established a partnership with Trans Corp and Lee Kim Tah Group to develop two towers in Jakarta with a value of Rp1.33 trillion ($127 million).
April 16, 2018
Broker's Calls
Could HRnetgroup be embarking on an acquisition spree?
SINGAPORE (Nov 10): RHB Research is maintaining its “buy” recommendation on HRnetgroup with a target price of $1.14 while remaining positive on the group’s latest developments and prospects ahead.
November 10, 2017
Broker's Calls
Do First REIT's healthy portfolio assets make it worth a 'buy'?
SINGAPORE (Oct 3): OCBC Investment Research is maintaining its “hold” call on healthcare-focused First REIT with a fair value estimate of $1.38, following the release of Singapore’s latest inflation figures.
October 03, 2017
Property
Pacific Star signs MoU to jointly develop mixed-use properties in Jakarta's PIK 2
SINGAPORE (Sept 26): PSD Singapore, a wholly-owned subsidiary of Pacific Star Development, has signed a non-binding memorandum of understanding (MoU) with Indonesian master developer, PT Kukuh Mandiri Lestari (KML) to jointly develop a series of mixed-use
September 26, 2017
Indonesia pulls brakes on SIA’s Singapore-Jakarta-Sydney route
SINGAPORE (Nov 9): Singapore Airlines has delayed the launch of a new Singapore-Jakarta-Sydney route.
November 09, 2016