Leading technology company PT Tokopedia announced on Wednesday that it had secured US$1.1 billion in its latest financing round, led by the SoftBank Vision Fund and Alibaba Group with participation by Softbank Ventures Korea and other existing investors. Tokopedia said in a press statement that it planned to use the funds to build technology and infrastructure that empowers millions of local businesses to grow to drive financial inclusion in Indonesia
PT Isuzu Astra Motor Indonesia (IAMI) in 2018 is eyeing the increase of factory sales to dealers or wholesales sekitas 32.50% or to 26,500 units. The company estimates that 2017 will be closed with 20,000 units.
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Recently issued Government Regulation No.47 of 2017 on the addition of State Equity Participation to PT Inalum (Persero) as the basis for the establishment of SOEs mining industry corporation ready to be sued to the Supreme Court by a number of parties.
San Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards.