Indonesia

Apple plans $1b component manufacturing plant in Indonesia

Last week, the government had rejected a $100m investment proposal from Apple.

The fibre assets are across Sumatra, Java, and Bali, which aligns with Mitratel’s expansion strategy.

Marketing software unicorn Insider received fresh capital from General Atlantic this week.

DealStreetAsia had reported in June that the hospital was in talks to raise external funding.

INA will add food, agriculture, and critical minerals to its target sectors.

Indies is also said to have finalised an equity investment in Siloam Hospitals.

Indonesia requires smartphones sold domestically to comprise at least 40% locally-made parts.

Partior has received capital from Emirates NBD, Deutsche Bank, Temasek and Jump Trading.

The venture firm may be looking at increasing its stake in eFishery to 9-10% from 6-7% currently.

The share of P2P loans to individuals exceeds business loans on digital platforms.