The USD/IDR exchange rate was unchanged on Wednesday morning after the relatively disappointing Indonesian trade numbers. The USD to rupiah pair was trading at 15,370, which was a few points below thi...
Tag: Indonesian
Indonesian rupiah outlook darkens as DXY surges
The USD to Indonesian rupiah (USD/IDR) exchange rate has been in a strong bullish trend as emerging market currencies retreated. It has been hovering at 15,427, which is a few points below the year-to...
Quantum Temple enters NFT partnership with Indonesian Ministry of Tourism
Ad When it comes to blockchain and cultural heritage, few have greater expertise on this matter than Linda Adami, an alma mater of the Dubai Future Foundation’s innovative accelerator program, Adamis ...
Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on … [+] Wednesday, July 13, 2022. Hong Kong is likely to see more dual-traded companies shift toward...
Indonesian Government To Launch A New Cryptocurrency Exchange
The Indonesian Financial sector is undergoing a comprehensive reform that extends to the cryptocurrency industry. As part of the reforms, crypto assets trading oversight will be handed over to the Fin...
Binance Acquires Indonesian Exchange Tokyocrypto
The crypto winter is proving to be unbearable for some, but other businesses enjoy the cold weather. Binance is taking advantage of the current market conditions to expand into the Asian market by acq...
Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
Binance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on Dec. 19. The purchase was confirmed in a tweet by Binance CEO Changpeng Zhao (CZ), who characterized the d...
Binance to acquire remaining 40% stake in Indonesian exchange Tokocrypto: Source
Binance is fully acquiring Tokocrypto, after first purchasing a controlling stake in the Indonesian crypto exchange in 2020. In May 2020, when the investment in Tokocrypto was first announced, B...
Indonesian Paint Magnates Eye A Bigger Canvas
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Wijono (left) and Hermanto Tanoko Courtesy of Avia Avian This story is part of Forbes’ coverage of Indonesia’s Ri...
Indonesian Coal Billionaire Low Tuck Kwong Mines Super-Profits To Become The Country’s Second Richest Person
This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Bayan Resources’ Low Tuck Kwong, whose wealth jumped nearly fivefold in the past year, is confident that coa...
Soaring Coal Prices Fuel Shares Of Indonesian Coal Company, Mints New Billionaire
A barge on the river of Mahakam to load coal from the mining area in Samarinda, East Kalimantan. BAY ISMOYO/AFP via Getty Images The share price of Jakarta-listed coal company Prima Andalan Mandiri mo...
Indonesian government plans to unveil a crypto bourse by the end of 2022
Join Our Telegram channel to stay up to date on breaking news coverage The Indonesian government plans to launch a crypto bourse by the end of the year. A report by a top government official has confi...
Indonesian GoTo Platform Bought A Crypto Firm For $8.4M
The cryptocurrency space seems to be increasing in leaps and bounds as more entry continues. Over the past decade, more people and businesses have joined the train of digital assets. This is primarily...
Indonesian Government to introduce crypto bourse this year –
The Government of Indonesia is all set to introduce crypto bourse this year. The bourse was planned to be introduced in 2021, but got late due to difficulty of the process. The government of Indonesia...
Indonesian Government to Launch Crypto Bourse This Year, Official Says – Exchanges Bitcoin News
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and th...
Indonesian Government to Launch Crypto Exchange Soon
The Indonesian government is reportedly set to launch its own digital currency trading platform before the end of the year, after overcoming several delays. According to a report by Deal Street Asia, ...
Indonesian IT Giant Acquires Local Crypto Exchange For $8.38M
Exchange News There was no mention of future intentions for PT Kripto Maksima Koin. The license to PT Kripto Maksima Koin was granted on January 28, 2022. PT GoTo Gojek Tokopedia Tbk (GoTo), an Indone...
Indonesian e-commerce giant buys local crypto exchange for $8 million
Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in the merging of mainstr...
Why This Indonesian Giant Bough Crypto Exchange For $8M
Per a report from Reuters, Indonesia’s largest digital economy platform GoTo purchased the crypto exchange PT Kripto Maksima Koin. The company has been making efforts to expand and diversify its servi...
Indonesian Tech Firm GoTo Acquires Local Crypto Exchange For $8.4M
GoTo Gojek Tokopedia Tbk (GoTo) announced on Monday that it has entered the digital asset business by acquiring local cryptocurrency exchange PT Kripto Maksima Koin as part of efforts to diversify its...
Indonesian Filmmaker Kamila Andini Talks Berlinale Prize-Winner ‘Before, Now & Then’ (‘Nana’)
Happy Salma plays Nana in the film. Fourcolours Films With a string of festival prizes for her four films, 36-year old writer-director Kamila Andini has established herself as a key Indonesian filmmak...
Taste The Rainbow, Layer By Layer, In This Indonesian Cake Baked For PRIDE
The Rainbow Lapis Cake from LADY WONG bakery in New York City was specially created for PRIDE month … [+] and a portion of the sales will be donated to the Hetrick-Martin Institute. © Karen Su C...
Indonesian crypto exchange Pintu raises $113 million in Series B funding
Indonesia-based cryptocurrency exchange Pintu has raised $113 million in a Series B funding round. Investors in the round include Pantera Capital, Lightspeed India Partners, Intudo Ventures and Norths...
Indonesian Crypto Exchange Pintu Raises $113M in Series B Funding
With the rising demand for its services, Pintu plans to use the funds to add more tokens to its platform. Indonesian cryptocurrency exchange, Pintu has raised $113 million in its Series B funding roun...
Pintu, An Indonesian Crypto Exchange, Secures $113 Million Funding
Pintu, a relatively unheard of Indonesian cryptocurrency exchange, has acquired a substantial fundraising round with the intention of expanding its services to the country’s developing domestic market...
Indonesian Crypto Exchange Pintu Raises $113m with Backing from Investors
Indonesia’s Pintu was backed by several investors who helped the cryptocurrency exchange raise $113 million in a Series B funding round, The Block reported. Pintu plans to utilise the new fund i...
Indonesian Exchange Pintu Raises $113M to Be ‘Coinbase of Southeast Asia’
Overcoming recent headwinds in the crypto market, Indonesian cryptocurrency exchange and wallet Pintu announced today that it has raised $110 million in Series B funding from Lightspeed, Pantera Capit...
Indonesian Crypto Exchange Pintu Raises $113M in the Face of a Bear Market
A relatively unknown crypto exchange in Indonesia has secured a major funding round with eyes on the expansion of services to its burgeoning local market. The whopping $113 million Series B saw invest...
Indonesian Unicorn Xendit Bags $300 Million In Series D Funding
Xendit’s cofounders (L-R): Juan Gonzalez, Moses Lo, Tessa Wijaya and Bo Chen. Courtesy of Xendit Digital payments platform Xendit said Thursday that it had raised $300 million in a Series D fund...
Avarta enters strategic partnership with Tokocrypto, eyes Indonesian crypto market
Avarta, a next-gen biometric cross-chain crypto wallet and security-based authentication layer, has announced a strategic partnership with Tokocrypto to bolster its presence in the fast-growing Indone...
Indonesian Unicorn Xendit Invests In Putera Sampoerna’s Bank
A foreign exchange employee counts Indonesian rupiah in Jakarta. ROMEO GACAD/AFP via Getty Images Indonesian digital payment unicorn Xendit has become a minority shareholder in Bank Sahabat Sampoerna,...