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Top related persons:
Dimas Ardian - 2 Indonesia's GoTo - 1 GoTo - 1 that's - 1 Srettha Thavisin - 1 Soratat - 1 Srettha - 1 hasn't - 1
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U.S Jakarta Indonesia Singapore San Bangkok Thailand Asia
Top related orgs:
Bloomberg - 2 Getty - 2 ByteDance - 1 Indonesia's - 1 Nasdaq - 1 Greenhead - 1 Greenhead Clinic - 1 Bangkok's Chulalongkorn University - 1

Search resuls for: "Dimas Ardian"


6 mentions found


☆ Indonesia's GoTo denies merger talks with ride-hailing rival Grab
  + stars: | 2024-02-14 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +1 min
Photographer: Dimas Ardian/Bloomberg via Getty ImagesIndonesian tech giant GoTo on Tuesday denied it is in merger discussions with Singapore-based ride-hailing rival Grab . "The company would also like to emphasize that currently, the company is not having any discussion on such matters," said GoTo in a Tuesday filing. "The company would like to emphasize that the company has an increasingly strong fundamentals and financial position," said GoTo. The firm added that it has achieved "positive adjusted EBITDA target in Q4 2023, while exceeding the top end of its full year adjusted EBITDA guidance range." Grab closed 1.2% lower on the Nasdaq on Tuesday amid a broader sell-off in U.S. markets.
Persons: Indonesia's GoTo, Dimas Ardian, GoTo Organizations: ByteDance, Indonesia's, Bloomberg, Getty, Nasdaq Locations: Jakarta, Indonesia, Singapore, U.S
☆ What Thailand's new coalition government means for the cannabis market
  + stars: | 2023-10-10 | by ( Nyshka Chandran | ) www.cnbc.com   time to read: +6 min
In June 2022, the Southeast Asian nation became the first in Asia to decriminalize the cannabis plant, allowing it to be grown and consumed freely. Deputy Prime Minister Anutin Charnvirakul, leader of the Bhumjaithai party and one of Srettha's coalition partners, was a key figure responsible for legalizing recreational cannabis. Currently, many outlets claim to be medical cannabis platforms but they often prioritize profits rather than patient health, a number of clinics told CNBC. "This could foster a more positive perception of the cannabis industry among the public, and for the industry to sustain in the long run," Jintana said. "The prospect of exporting cannabis products to legal foreign markets aligns with Thailand's medical hub policy propelling both medicinal cannabis and other traditional herbs to the forefront," said Jintana.
Persons: Dimas Ardian, that's, Srettha Thavisin, Soratat, Srettha, hasn't, Soratat Pongsangiam, Sornkanok, Anutin Charnvirakul, Anutin, Jintana Manorompatrasal, Jintana, May's Organizations: Bloomberg, Getty, Greenhead, Reuters, Greenhead Clinic, Bangkok's Chulalongkorn University, Deputy, CNBC, Sawasdee Clinic Locations: San, Bangkok, Thailand, Asia, Phuket, U.S
☆ Pro Take: Can Nickel, Cobalt and Other Battery Metals Be Sourced Sustainably?
  + stars: | 2023-05-11 | by ( Yusuf Khan | ) www.wsj.com   time to read: +6 min
Lockheed Martin and Norway’s Storebrand also have recently sold their interests in deep-sea mining companies. Others including German luxury carmaker BMW have said that, given environmental concerns, they won’t use battery metals sourced from the deep sea. More than a dozen countries are concerned about the environmental impact of the practice and are calling for a moratorium on seabed mining. A nickel mining site on the island of Sulawesi, Indonesia. Proponents of deep-sea mining say the nascent practice is a less harmful way to extract nickel than how the mineral is currently sourced in Indonesia.
☆ This fish farmer-turned-entrepreneur runs a profitable start-up. Here are his tips
  + stars: | 2023-03-09 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +7 min
Now at 33, Farizy runs Indonesia-based startup eFishery, which developed products such as automatic feeders that help local seafood farmers save costs and improve productivity. Automatic feeders eliminate the problems of manual feeding, which could result in over-feeding or under-feeding. Say no to high cash burnMany startups focus on blistering growth, which usually means a high cash burn rate. When asked about how he runs a successful company, he said: "We don't burn cash unnecessarily." Cash burn refers to a company spending its cash reserves when it is not yet generating profit.
☆ Indonesia's seafood farming industry faces a 'technology gap' — and startups are raising big bucks to fill it
  + stars: | 2023-02-01 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +6 min
And we are third in aquaculture production after China and India. Aquaculture production and exports by country in 2020 Aquaculture (animals, not including algae) Top producing countries in 2020 Top exporting countries in 2020 1. Aruna, for its part, helps to connect Indonesia's small-scale aquaculture farmers to buyers. Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production. "Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production.
☆ IPO funds raised by Southeast Asian companies fall amid economic headwinds
  + stars: | 2022-11-16 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
Photographer: Dimas Ardian/Bloomberg via Getty ImagesThe funds raised by public listings in Southeast Asia fell by 52% this year compared to a year ago, data from Deloitte showed. Initial public offering (IPO) funds raised by companies in the region reached $6.3 billion from the January to Nov. 11 period, the management consulting company said. The findings also revealed that only eight large and medium-sized companies listed in 2022, less than half of the 19 large- and medium-sized companies that were listed in 2021. IPO activity in Southeast Asia was lower this year, with only two blockbuster IPOs — Indonesia's GoTo which raised $1.1 billion and Thai Life Insurance with $1 billion raised. This could mean that the bigger companies are holding out and postponing their listings in anticipation of better market conditions, Deloitte said.
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