I am a contributing editor for Forbes Asia based in Jakarta, Indonesia. Before joining Forbes Asia, I worked for Forbes Indonesia for almost a decade. I’ve covered stories about the country’s wealthiest people, fast-growing businesses, and emerging startups. For news tips, you
Thai Billionaire’s Frasers Property, Morgan Stanley In JV To Manage Industrial Properties In Australia
The 50-50 joint venture, Frasers Prime Logistics Venture, will own and operate eight assets with a combined gross floor area of 188,000 square meters valued at $380 million.
Casino Billionaire Lim Kok Thay Makes Key Moves To Future-Proof His Resorts Empire
Casino billionaire Lim Kok Thay put his succession plans into motion at his family’s Genting Group, stepping down as CEO in February after nearly two decades.
Malaysian Convenience Store Chain 99 Speedmart Accelerates Expansion
Last September’s listing of 99 Speed Mart Retail Holdings raised $532 million in what was Malaysia’s biggest IPO in seven years.
Indonesian Billionaire Prajogo Pangestu’s Petrosea Wins $954 Million Mining Contract From Vale
Under the deal, Jakarta-listed Petrosea will provide Vale Indonesia nickel mining and transport services from its mines in Morowali in central Sulawesi—about 2,500 kilometers east of Jakarta—for the next 10 years.
Indonesia To Ease Import Curbs, Negotiate U.S. Tariffs As Currency, Stocks Tumble
The rupiah sank 1.8% to close near a record against the greenback, while the benchmark Indonesian stock index tumbled 7.9% as trading resumed following a weeklong holiday. The U.S. had imposed a 32% tariff on Indonesian goods.