Hanoi (VNA) - Indonesia's Lion Air is set to launch aninitial public offering (IPO) in a listing that could reportedly raise up to 1billion USD.
The fundraising by Southeast Asia's largest airline comes after itsuffered a recent customer data leak and nearly one year after a high-profile crash that killed 189 people.
The funds will be used to strengthen the company's financialstructure, Lion Air’s spokesman Danang Prihantoro said.
He, however, declined to comment on a timeline for the listing or howmuch the firm planned to raise.
Citing an unnamed source, Bloomberg News reported that Lion Air - whichhas postponed a public listing several times in the past - could raise as muchas 1 billion USD in the upcoming listing.
That would make it Indonesia's third-biggest IPO on record,according to Bloomberg data.
Last month, Lion Air said it suffered a data leak that reportedlyaffected millions of customers.
The leak involved the names, birthdays, addresses, phone numbersand other details of up to 35 million customers, the Jakarta Post reported,citing a source.
Last October, a Lion Air-operated Boeing 737 MAX slammed into the JavaSea minutes after taking off from Jakarta, killing all passengers aboard./.
Indonesia’s Ministry of Forestry and Environment on September 15 closed more than 30 plantation companies in Kalimantan and Sumatra as part of efforts to minimise wildfires.
Indonesia’s Ministry of Communication and Informatics said on September 20 that authorities are investigating a customer data leak at Lion Air, which reportedly affected millions of the carrier's customers.
Indonesian airlines have served 21 million passengers fewer than they did in 2018, said Chaikal Nuryakin, Head of the Digital Economy and Behavioral Economics Research Division at the University of Indonesia.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Source: AFP/ VNA) 
