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The Malaysianist

Southeast

Southeast #8: Corporate coup in Jakarta

And a rude awakening in Singapore.

Nov 17, 2025
∙ Paid

I’m kicking off Monday with Southeast, the weekly regional take on money and power in the region.

It’s been a while since I’ve tuned out of local affairs to look at what’s going on around in Southeast Asia.

Two developments in today’s issue: the power play at Indonesian giant GoTo, and Temasek’s strategic VC retreat.

Different countries, but we have a pattern emerging.

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Indonesia’s biggest consumer internet group is now the subject of merger talks with another regional behemoth, Grab.

Over the past week, two developments made headlines.

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