Gita Rossiana
Stories by Gita Rossiana
Indonesian investment firm Saratoga’s net loss narrows more than 96% in H1 2024
Its net loss from investment returns fell over 90% during the period.
Asia Digest: GoPay Later now on Shop | Tokopedia; PH startup Hive Health bags $6.5m funding
Gentree contributed $3.2 million to the round, while BEENEXT invested $2 million.
GoTo-backed digital lender Bank Jago’s net profit rose 23% in H1 2024
Bank Jago booked a net profit of $3.07m in Jan-June 2024.
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
The Indonesian telco is looking to raise $1.5-2b from the sale.
Credit limits for Indonesian P2P lenders set to go up five times
The rule will apply only to players with a bad debt ratio below 5%.
Indonesian wealth fund INA to step up focus on green investments
Besides geothermal energy, INA is reviewing solar power and projects such as mangrove restoration.
GIC said to be weighing sale of its minority stakes in Bukalapak, Emtek
The sovereign wealth fund first invested in Emtek in 2015 and in Bukalapak in 2021.
GoTo’s stock price hits rock bottom. Is a rebound around the corner?
Market analysts said the stock is likely to rebound soon on the back of some positive news.
Indonesian gym operator FTL raises venture debt funding from OCBC Ventura
This will be FTL's first external funding and will be used to support its expansion plans.
Valuation reset sets the stage for tech IPO revival in Indonesia
Fintech startups could be the first to hit the market when conditions improve over the next 24 months.