Money in defense (April 15-22)

Indonesia launches holding entity for defense sector

Hello Coconauts,

Before Indonesia switches to holiday mode next week ahead of Eid, we’ve got some major developments worth writing home about from the business world. Chief among those, as our chief of state would undoubtedly agree, is the launch of Defend ID, Indonesia’s new holding entity for the defense sector.

Elsewhere, we have an estimate on when th…