Elisa Valenta

Elisa Valenta

INDONESIA CORRESPONDENT

Elisa Valenta joined BT as its Indonesia correspondent in 2023. She began her journalism career in 2014, reporting on the Indonesian economy with a focus on capital markets, macroeconomics, energy, startups and commodities. Prior to joining BT, she held reporting roles at CNN Indonesia and Forbes Indonesia. With a decade of experience, she brings deep insight into one of South-east Asia’s most dynamic markets.

Hans Patuwo, newly appointed GoTo president director and chief executive

Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal

He takes over from Patrick Walujo with immediate effect

Superbank, backed by Grab and a consortium of regional technology and telecommunications groups, raised around 2.7 trillion rupiah (S$208.9 million) from the listing.

Indonesia’s Grab-backed Superbank surges on debut, triggers trading halt

70% of the 2.7 trillion rupiah IPO proceeds will be used to support SME lending

Subang plant will focus on producing the VF3, a mini electric SUV that VinFast expects to drive the bulk of its sales in Indonesia.

Vietnam’s VinFast puts US$1 billion into expanding Indonesia plant, targets 350,000-unit annual output

The West Java facility is designed to produce right-hand-drive models, reinforcing its role as a regional export hub

epa12521998 A trader holds Indonesian banknotes during a transaction at a fish auction market in Lampulo, Banda Aceh, Indonesia, 13 November 2025. The government, through the Ministry of Finance, is finalizing plans to simplify, or redenominate, the rupiah by 2027. The 1,000-rupiah note will be worth 1 rupiah. Redenomination involves removing several zeros from the value of money or goods, simplifying the recording of the value of goods, services, and money.  EPA/HOTLI SIMANJUNTAK

Indonesia’s new FX lock-up rule could tilt the field – supercharge state banks, squeeze private lenders

Starting Jan 1, exporters of coal, palm oil and nickel must keep all export proceeds in state-owned banks for at least a...

Residents wade through neck-deep floodwaters in Kuala Simpang village in Aceh Tamiang, North Sumatra on November 30, 2025. Officials in Indonesia and Sri Lanka battled December 3 to reach survivors of deadly flooding in remote, cut-off regions as the toll in the disaster that hit four countries topped 1,300. (Photo by IWAN GUNADI BATUBARA / AFP)

Where the flood line meets the bottom line for storm-hit South-east Asia

With climate volatility escalating, the region’s hard-won economic resilience is now on thin ice

South-east Asia’s biggest economy saw mining shipments, such as copper ore and coal, plunge by over 30 per cent annually amid weakening global prices. REUTERS/Willy Kurniawan/File Photo

Indonesia exports slide 2.3% in October, trade surplus narrows to US$2.4b

Slowing China demand and falling commodities weigh on Indonesia’s exports

Coordinating Minister for Economic Affairs Airlangga Hartarto (centre in blue batik) said on Wednesday (Nov 26) that the government aims fourth-quarter GDP growth can exceed 5.4%

Indonesia launches year-end spending with 30 trillion rupiah stimulus, aims for growth above 5.4%

Key measures include food aid, expanded housing initiatives and nationwide travel discounts

South-east Asia’s largest economy has been promoting its EV ecosystem to drive growth, capitalising on its position as the world’s largest nickel producer. (Photo by DAENG MANSUR / AFP)

Indonesia’s nickel surplus could power metals industry, not just EVs, says report

Even with annual production of a million electric vehicles by 2035, the country will still use under 1% of its output: Energy...

Superbank

Grab-backed digital lender Superbank targets up to 3.1 trillion rupiah in December IPO

The bank lends to underserved consumers and SMEs through digital channels, leveraging Grab’s data

Hans Patuwo (left) and Patrick Walujo (right)

GoTo CEO Patrick Walujo steps down amid leadership reset; job goes to COO Patuwo

Change comes amid talk that GoTo has finalised a merger deal with Singapore’s Grab