The rising space development trend for professional operators and start-ups has attracted the attention of large property developers eager to tap its business potential.
The future of Bank Muamalat is uncertain after Minna Padi failed to enter as a new investor. The government is reportedly busy helping to save the oldest sharia bank in Indonesia.
Competition in the Indonesian clinical laboratory business will be tighter with the arrival of Kalbe Farma, which is developing Kalgen Innolab.
Companies are eyeing up the opportunities to develop digital special economic zones as the forerunners for digital or smart cities.
Japanese and Korean companies are aggressively buying and acquiring banks in Indonesia. However, banking and financial institutions from the two have different targets.
Following the rice case involving its subsidiary, Tiga pilar may not be able to settle its conventional bond and Sukuk Ijarah debt worth Rp 900 billion.
After being acquired by Industrial Bank of Korea, Bank Agris will be eligible to upgrade to a BUKU II category bank (core capital above Rp 1 trillion) as part of plans to develop digital banking.
The large increase in the net profit of state-owned banks in 2017 was mostly supported by declining reserve costs, despite sluggish growth of lending as their main business.