Showing 1 - 10 of 995
CMAN to Acquire 60% Stake in Indonesian Lime Firm
Published on 14/10/2025
» Expanding its footprint across Southeast Asia, Chememan Public Company Limited (CMAN) has entered into agreements to acquire a 60% equity stake in PT Bukit Bunea (BB), a subsidiary of Indonesia’s PT Citatah Tbk (CTTH). The acquisition, valued at USD 10.5 million (approximately THB 336 million), will be executed through the purchase of newly issued shares under a Conditional Shares Subscription Agreement (CSSA) and a Shareholders’ Agreement (SHA) with CTTH and its founder, Mr Taufik Johannes. The strategic investment remains subject to customary conditions precedent and is expected to be completed by the second quarter of 2026.
Indonesia weighs transforming Bali into a regional financial hub
Published on 13/10/2025
» Indonesia is planning to create a financial hub in tourist hotspot Bali as it seeks to boost its lagging economy by attracting international banks, asset managers and private equity firms, according to people familiar with the matter.
Analyst urges narrower interest rate spread
Business, Wichit Chantanusornsiri, Published on 29/09/2025
» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.
The rise of secondary destinations
Oped, Published on 26/09/2025
» As we mark World Tourism Day tomorrow, we're turning the spotlight on one of the unsung heroes of travel -- secondary destinations. This international awareness day gives our industry an opportunity to take a pause and reflect on how travel is evolving. At Agoda, we see the growing popularity of secondary cities as a notable development in the travel market.
Thai stocks to benefit from Indonesia turmoil
Published on 14/09/2025
» Political upheaval is driving a split in Southeast Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in Indonesia.
SET survives profit-taking, political risk
Business, Published on 13/09/2025
» The trading pattern in August on the Stock Exchange of Thailand was mixed. After a rally in July pushed the SET index up by 14%, there was some profit-taking.
Indonesian democracy on brink
Oped, Published on 11/09/2025
» Less than 11 months into his term, Indonesian President Prabowo Subianto faces a stark choice. He can be remembered either as a leader whose presidency was defined by public anger and discontent, or as one who recognised the challenges facing his country and acted in the national interest.
Indonesian minister’s sudden exit sparks alarm for global funds
Published on 09/09/2025
» The sudden removal of Sri Mulyani Indrawati as Indonesia’s finance minister is bound to rattle global investors, who saw her as a voice of fiscal responsibility in an administration pushing for bigger spending.
Prabowo ousts finance chief Indrawati, risking Indonesia turmoil
Published on 08/09/2025
» Indonesian President Prabowo Subianto removed Finance Minister Sri Mulyani Indrawati from her post, risking renewed financial turmoil for Southeast Asia’s biggest economy following days of violent protests against his administration.
Jakarta's crisis is Asean's problem
Oped, Published on 08/09/2025
» The Association of Southeast Asian Nations (Asean) has relied on the domestic stability of its member states to achieve regional unity, and Indonesia, as the largest and most populous nation in the bloc, has served as the primary stabilising force.