Topik Indonesia Investment

Corporate

INRU Shares Skyrocket 600 Percent, Foreign Investor Quietly Seizes 92 Percent Ownership Without Any Public Disclosure

Corporate | Saturday, 14 June 2025 - 09:21

Saturday, 14 June 2025 - 09:21

On 12/06/2025, shares of PT Toba Pulp Lestari Tbk (ticker: INRU) surged dramatically after Allied Hill Limited, a Hong Kong private investment fund, acquired 1.283 billion shares, representing 92.42% of…

Ray Dalio, the American billionaire and founder of Bridgewater Associates. (Doc. Bridgewater)

Economics

Ray Dalio’s Withdrawal from Danantara Sparks Debate on Indonesia’s Investment Strategy

Economics | Sunday, 1 June 2025 - 13:03

Sunday, 1 June 2025 - 13:03

Indonesia’s sovereign wealth fund, Danantara, aimed to bolster its global credibility by appointing Ray Dalio to its advisory board. However, recent developments have cast…