Daily Archives: September 3, 2020

CreditSights makes Strategic Investment in Alphastream

New York, New York, Sept. 03, 2020 (GLOBE NEWSWIRE) — CreditSights, a leading provider of independent fixed income research today announced that it has taken a minority stake in Alphastream, a fintech company based in Singapore. As part of the investment, Bala Subramanian, Chief Product and Technology Officer of CreditSights, will join Alphastream’s board. Alphastream develops

IHSG strengthening forecast as market awaits US trade balance data

  Jakarta The Jakarta Composite Share Price Index (IHSG) is projected to strengthen on Thursday, as the market awaits the release of the US trade balance data. The Indonesian Stock Exchange (BEI) index rose 12.59 points, or 0.24 percent, to reach 5,324.56, while the index of the 45 most liquid stocks increased 2.86 points, or

Satria satellite to boost digital economic transformation: Kominfo

Jakarta Satellite of the Republic of Indonesia (Satria), scheduled to operate in 2023, will strengthen digital economic transformation, including supporting digital payment systems in rural areas, with inadequate internet infrastructure, Communication and Informatics Ministry (Kominfo) stated. “The acceleration of digital transformation, directly and indirectly, supports the digital payment ecosystem during and after the pandemic,” Dedi

Police arrest married couple over crystal meth trafficking charges

Mataram, W Nusa Tenggara The police arrested a married couple on charges of trafficking crystal methamphetamine in the West Nusa Tenggara provincial capital of Mataram. The duo, identified by their initials as HS and RP, was apprehended along with three other residents, identified by their initials as M, AY and I, believed to be couriers,

Indef pegs government’s COVID-19 vaccine procurement costs at Rp75 tln

Jakarta The government will require at least Rp75 trillion (US$5 billion) to procure the COVID-19 vaccine, Ariyo D. P. Irhamna, a researcher at the Institute for Development of Economics and Finance (Indef), stated. “I attempted to do a simple calculation on the costs to be incurred in procuring the COVID-19 vaccine because Mr President (Joko