Carsome co-founder and chief executive officer Eric Cheng says that his company has committed a total of 100 billion rupiah (US$7.1 million) for its expansion to Indonesia. “The funds will be used for working capital, marketing, and operating expenses. We will also pull more dealers to our...
INDONESIAN police have detained more than 150 people, most of them Chinese nationals, accused of carrying out a sophisticated scam that netted around US$450 million by tricking their victims into paying to make legal cases go away. “This is an international syndicate of online fraud,” Jakarta ...
Asia Pacific Rayon (APR), the largest integrated rayon fibre producer in Indonesia, has secured a syndicated loan facility of 4.5 trillion rupiahs (US$300 million) with several banks. The funding will be used to support continued capital investment in th
“Tokopedia made it such, that the user finds the feature simple and easy to understand. Combined with the low starting investment (from 10,000 rupiah) and with the huge number of Tokopedia visitors, the number of new investors in Indonesia could potentially grow very fast,” explains Ady. ...
(CN¥). DKK - Danish Krone (DKkr). EUR - Euro (€). HKD - Hong Kong Dollar (HK$). INR - Indian Rupee (INR). IDR - Indonesian Rupiah (Rp). JPY - Japanese Yen (JP¥). KRW - South Korean Won (₩). KWD - Kuwaiti Dinar (KWD). MYR - Malaysian Ringgit (RM). Top 10...
in a region of central Java because it was deemed to have a special taste and texture, a farmer who grew the fruit. Two of the rare durians, which were displayed in a perspex case in a store in Tasikmalaya in the neighboring province, were sold for 14 million rupiah ($1,000) each....