Elisa Valenta

He also has to pay US$30.6 million in restitution, lower than the US$45.1 million imposed in June

C&C acquisition would add automotive distribution to its growing energy, chemicals and infrastructure platform

This comes as demand for infrastructure to support high-density AI workloads grows in region’s biggest economy

Indonesia moves towards the demutualised exchange model, in the steps of regional peers such as Singapore

The rating could be downgraded if DIM’s credit profile weakens

He is the country’s third finance minister in under two years; one of his biggest challenges will be reducing policy uncertainty

This marks another major reshuffle at the country’s powerful finance ministry in less than a year

Vast renewable potential gives the country an edge, but certain constraints threaten to blunt it

The potential losses could widen to affect tourism, investments and logistics if disruptions persist

Initial milestones are expected in January, ahead of a broader launch in 2027