Garuda Indonesia’s massive debt restructuring negotiations have come to an end. Here are what to expect next: new investors to airlines rivalry.
Business efficiencies, including layoffs, are considered necessary for many startups to prolong life and prevent quick death amid funding winter. The pressure for mergers and acquisitions is mounting to end high-cost competition and create path to profit.
The investment of Telkom in GOTO has drawn criticism from business experts, capital market players, and House of Representatives members.
A wake-up calls to strengthen fundamentals.
Jakarta Composite Index (JCI) briefly reached an all-time high intraday at 7,355.3 on April 11, following the first trading day of PT GoTo Gojek Tokopedia Tbk (GOTO) in an initial public offering (IPO).
A possible collaboration of these “big two” e-commerce giants starts to surface due to lengthy and costly competition ahead.
GoTo, a merger between on-demand decacorn Gojek and e-commerce unicorn Tokopedia, is sticking to the plan to go public despite plunging tech stocks and post-IPO pressures experienced by its rivals. What fuels GoTo's optimism?
The government seems confident with the acquisition plan as it is backed by professional consultant firms, dismissing it from the collusion allegation. However, is it really a wise move?
Options for unicorns that want to go public and become listed on the stock exchange are still limited in some countries. The Indonesia Stock Exchange is fixing the rules that have become obstacles.
"Recent signs are pointing towards the plan to make Pelita Air serve regular flights, with the opportunity to replace Garuda Indonesia as the national carrier."