Indonesian

05/04/2025

Billionaire Widjaja family merges Indonesian telecoms businesses with Axiata in $6.5 billion deal

Axiata is headquartered in Kuala Lumpur. © 2021 Bloomberg Finance, Inc. Smartfren Telecom, controlled by Sinar Mas, the investment company of billionaire Widjaja family, and Malaysia's Axiata Group have agreed to merge their telecoms businesses in Indonesia in a deal worth 104 trillion rupees ($6.5 billion). Under the agreement, Smartfren Telecom and its subsidiary
25/03/2025

Indonesian President Prabowo's proposal for indirect regional polls comes under heavy criticism

December 16, 2024 jakarta – President Prabowo Subianto’s idea of ​​scrapping direct elections for regional chiefs to cut costs has been strongly criticized by democracy advocates, who warn that introducing indirect polls would turn the country into a semi-dictatorship nation. Prabowo made the suggestion less than a month after the country held simultaneous nationwide
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