Latest popular news on Heaptalk.com https://heaptalk.com/category/whats-on/ Latest business news media headlines platform today | Lets talk Business Tue, 20 May 2025 09:08:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png Latest popular news on Heaptalk.com https://heaptalk.com/category/whats-on/ 32 32 Ride-hailing drivers stage nationwide strike, shutting down services https://heaptalk.com/industry/ride-hailing-drivers-stage-nationwide-strike-shutting-down-services/ Tue, 20 May 2025 09:08:26 +0000 https://heaptalk.com/?p=48130 Heaptalk, Jakarta — Today (05/20), online motorcycle taxi drivers across Indonesia are holding a nationwide strike and turning off their ride-hailing apps in a coordinated “offbid” action, which could bring services to a complete halt. Saefudin, a ride-hailing driver, stated that the strike is part of a large-scale demonstration organized by the Garda Indonesia Association […]

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]]> Pertamina Hulu Energi issues a US$1bn bond on the Singapore Exchange https://heaptalk.com/industry/pertamina-hulu-energi-issues-a-us1bn-bond-on-the-singapore-exchange/ Mon, 19 May 2025 05:22:43 +0000 https://heaptalk.com/?p=48062 Heaptalk, Jakarta — Pertamina Hulu Energi (PHE), an upstream oil and gas subsidiary of Pertamina, has debuted in the international capital market by issuing a US$1 billion global bond on the Singapore Exchange. This five-year bond was issued under the Reg S / 144A scheme, marking the most significant bond issuance by an Indonesian corporation […]

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]]> Obtaining $3million funds, Flash Coffee to expand into 2 cities in Indonesia https://heaptalk.com/news/obtaining-3million-funds-flash-coffee-to-expand-into-2-cities-in-indonesia/ Mon, 05 May 2025 07:49:07 +0000 https://heaptalk.com/?p=47848 Heaptalk, Jakarta — Singapore-based coffee brand Flash Coffee closes a US$3 million funding round spearheaded by TA Ventures, with continued support from White Starr Capital. The capital infusion will support Flash Coffee’s expansion roadmap of around 70 stores nationwide by 2025 and entering two additional Indonesian cities. The injection comes from Flash Coffee’s robust financial year, marked […]

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]]> AdaKami Maintains 99.82% Loan Performance Rate on US$233mn fund disbursed https://heaptalk.com/news/adakami-maintains-99-82-loan-performance-rate-on-us233mn-fund-disbursed/ Wed, 23 Apr 2025 03:15:57 +0000 https://heaptalk.com/?p=47600 Heaptalk, Jakarta — Indonesia’s fintech startup AdaKami reported robust growth in the first quarter (Q1) 2025 by disbursing a total of US$233 million or about Rp3.94 trillion in loans. The company also successfully maintains a TKB90 rate of 99.82%. “Our consistent application of prudent principles, supported by advanced technology, forms a strong foundation for maintaining healthy loan quality. […]

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]]> Groundup.ai startup closes $4.25mn Series A funding round https://heaptalk.com/news/groundup-ai-startup-closes-4-25mn-series-a-funding-round/ Mon, 21 Apr 2025 08:03:06 +0000 https://heaptalk.com/?p=47514 Heaptalk, Jakarta — Singapore-based startup focusing on AI-powered industrial maintenance and workplace safety solutions, Groundup.ai, has closed Series A funding at US$4.25 million, or equal to Rp71.6 billion, led by Tin Men Capital, with participation from existing investors Wavemaker Ventures and SEEDS Capital. Groundup.ai will allocate the injection to expedite product innovation, scale its market presence across […]

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]]> Minister Maruarar to Summon Lippo Group Executives Over Meikarta Dispute next Wednesday https://heaptalk.com/news/minister-maruarar-to-summon-lippo-group-executives-over-meikarta-dispute-next-wednesday/ Wed, 16 Apr 2025 12:29:24 +0000 https://heaptalk.com/?p=47450 Heaptalk, Jakarta – Minister of Public Housing and Settlement Areas (PKP), Maruarar Sirait, is taking firm action in response to public complaints regarding housing issues, particularly the stalled Meikarta apartment project, which has been abandoned since 2018. Minister Maruarar, commonly known as Minister Ara, has announced a meeting with Lippo Group executives James Riady and […]

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]]> Gibran Huzaifah Confesses to Financial Manipulation at eFishery https://heaptalk.com/news/gibran-huzaifah-confesses-to-financial-manipulation-at-efishery/ Wed, 16 Apr 2025 10:23:34 +0000 https://heaptalk.com/?p=47432 Heaptalk, Jakarta — eFishery’s Co-Founder and former CEO, Gibran Huzaifah, has admitted to manipulating the company’s financial data during his leadership. In a public statement and follow-up interview, he claimed that the actions were taken not for personal enrichment but as a measure to sustain this aquatech startup amid increasing pressure to demonstrate growth. “What I did was […]

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]]> Populix Banks US$4.3M to Build AI-Driven Insight Engine https://heaptalk.com/news/populix-banks-us4-3m-to-build-ai-driven-insight-engine/ Tue, 15 Apr 2025 04:24:20 +0000 https://heaptalk.com/?p=47378 Heaptalk, Jakarta — Indonesia’s research startup Populix gains first close of its Series B round, raising US$4.3 million (approximately Rp72 billion), led by MSW V Asia Fund X, with continued participation from Intudo Ventures, Altos Ventures, and Acrew Capital. Populix plans to allocate the Series B capital toward two significant initiatives, including: Enhancing its AI capabilities to automate […]

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]]> Officially debut on IDX, FORE hits Upper Auto Reject (ARA) https://heaptalk.com/news/officially-debut-on-idx-fore-hits-upper-auto-reject-ara/ Tue, 15 Apr 2025 04:12:45 +0000 https://heaptalk.com/?p=47347 Heaptalk, Jakarta — PT Fore Kopi Indonesia Tbk (issuer code: FORE) has officially listed its shares on the Indonesia Stock Exchange (IDX), marking a significant milestone in the company’s journey from a high-growth startup to a publicly traded enterprise. The company made a strong debut, with shares surging by 34.04% to Rp252 per share, hitting the upper auto […]

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]]> SURGE’s subsidiary lands $238mn funds from Japan’s NTT East https://heaptalk.com/news/surges-subsidiary-lands-238mn-funds-from-japans-ntt-east/ Mon, 14 Apr 2025 06:12:58 +0000 https://heaptalk.com/?p=47338 Heaptalk, Jakarta — PT Integrasi Jaringan Ekosistem (WEAVE), a subsidiary of PT Solusi Sinergi Digital Tbk (SURGE), has secured a significant strategic investment from Nippon Telegraph and Telephone East Corporation (NTT East), a key subsidiary of Japan’s NTT Group. Under the agreement, NTT East will acquire a 49% stake in WEAVE through an investment valued at US$238 […]

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]]> Indonesia’s Fore IPO oversubscribed 200x with 114,873 retail investors https://heaptalk.com/news/indonesias-fore-ipo-oversubscribed-200x-with-114873-retail-investors/ Fri, 11 Apr 2025 06:59:18 +0000 https://heaptalk.com/?p=47296 Heaptalk, Jakarta — PT Fore Kopi Indonesia Tbk (Fore Coffee), one of Indonesia’s leading premium affordable coffee chains, has completed its initial public offering (IPO) with strong investor demand. The offering, held from April 8 to 10, 2025, attracted 114,873 retail investors and was oversubscribed 200.63 times through the IDX e-IPO platform, according to data as of […]

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]]> Indonesia’s major cities fall behind in Smart City rankings, trailing regional peers https://heaptalk.com/insight/indonesias-major-cities-fall-behind-in-smart-city-rankings-trailing-regional-peers/ Thu, 10 Apr 2025 07:03:37 +0000 https://heaptalk.com/?p=47269 Heaptalk, Jakarta — Jakarta held the 103rd position in the Smart City rankings, showing stagnation based on the 2025 Smart City Index results issued by the IMD World Competitiveness Center (WCC). This achievement was surpassed by Ho Chi Minh City, Vietnam, which was previously ranked below Jakarta. Besides Jakarta, Medan and Makassar also made the […]

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]]> Indonesia’s air-tech Nafas bags $3mn fund, aims for SEA & Middle East expansion https://heaptalk.com/news/indonesias-air-tech-nafas-bags-3mn-fund-aims-for-sea-middle-east-expansion/ Wed, 09 Apr 2025 03:38:46 +0000 https://heaptalk.com/?p=47232 Heaptalk, Jakarta — Indonesia’s air-tech startup Nafas has closed US$3 million in a new funding round from Rigel Capital and Qatar Development Bank (QDB). The funding will accelerate the company’s international expansion and strengthen its technological capabilities in delivering data-driven environmental solutions. The investment round marks a significant milestone for Nafas as it scales its flagship Clean […]

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]]> Trump warns of 50% tariffs on China unless retaliatory duties are lifted https://heaptalk.com/industry/trump-warns-of-50-tariffs-on-china-unless-retaliatory-duties-are-lifted/ Tue, 08 Apr 2025 09:18:23 +0000 https://heaptalk.com/?p=47224 Heaptalk, Jakarta — China’s measure to impose 34% retaliatory duties on U.S. goods has drawn a fierce response from U.S. President Donald Trump, who demanded that Beijing revoke the additional duties (04/07). If China refuses, Trump warned he would slap an additional 50% tariff on U.S. imports from China by April 9, 2025, as reported […]

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]]> China strikes back against Trump’s import tariffs https://heaptalk.com/industry/china-strikes-back-against-trumps-import-tariffs/ Mon, 07 Apr 2025 12:45:45 +0000 https://heaptalk.com/?p=47185 Heaptalk, Jakarta — Shortly after U.S. President Donald Trump announced new import tariffs, China responded with a firm rejection (04/04). The Chinese Ministry of Commerce announced an additional 34% tariff on all products from the United States, effective from April 10, 2025, as reported by Unilad. The Chinese government stated that the U.S. should cease […]

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]]> Global Stocks and Crypto Slide Amid Trump’s Tariff declaration https://heaptalk.com/news/global-stocks-and-crypto-slide-amid-trumps-tariff-declaration/ Mon, 07 Apr 2025 07:10:13 +0000 https://heaptalk.com/?p=47177 Heaptalk, Jakarta — The United States President, Donald Trump, recently announced plans to implement a new reciprocal tariff policy against US trade partners. This policy has triggered a sharp decline in major global investment instruments, including US equities and cryptocurrencies. Following the declaration of tariff measures, Bitcoin tumbled to US$83,000 after briefly surging to US$87,000 during the initial […]

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]]> Celebrate Eid with Special Buffet and Hampers at Swiss-Belinn Cawang https://heaptalk.com/news/celebrate-eid-with-special-buffet-and-hampers-at-swiss-belinn-cawang/ Fri, 28 Mar 2025 08:18:52 +0000 https://heaptalk.com/?p=47158 Heaptalk, Jakarta – Ahead of Eid al-Fitr, Swiss-Belinn Cawang invites families and communities to celebrate the agenda with a special Halal Bihalal buffet and exclusive Eid hampers. Designed to bring people together in a warm, festive atmosphere, the hotel’s offerings blend traditional flavors with contemporary hospitality. Running from April 1 to April 5, 2025, the Halal […]

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