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Pupuk Indonesia Operates Second Fertilizer Plant in South Sumatera

JAKARTA (TheInsiderStories) - Indonesian fertilizer producer, PT Pupuk Sriwijaya (Pusri) started operating the Pusri 2B fertilizer plant in Palembang, South Sumatera, said the company...

Pupuk Indonesia offers bond Rp 3.6 Trillion to repay debt

JAKARTA (TheInsiderStories) - Indonesian fertilizer producer PT Pupuk Indonesia offered Rupiah bonds up to Rp3.6 trillion from a total target in two years term Rp 10 trillion. The unsecured debt...

Indonesia’s Bukit Asam Raises Funds US$155M from Treasury Stocks Sale

JAKARTA (TheInsiderStories) - Indonesia coal miner, PT Bukit Asam Tbk (IDX: PTBA) raised fresh funds Rp2.17 trillion (US$155 million) from the sale of 649.98...

Former Deputies of Indonesia’s SOEs Ministry Become Directors

JAKARTA (TheInsiderStories) - State Own Enterprises (SOE) ministry placed former deputies as the CEO and deputy CEO of the government entities, said the minister...

Indonesia’s Pegadaian Prepares US$35M for FinTech Business

JAKARTA (TheInsiderStories) - Indonesian state-owned pawnshop, PT Pegadaian has budgeted Rp500 billion (US$35.46 million) to be invested in financial technology (FinTech) companies this year, the...

Indonesia’s PTPN III to Issue SUKUK US$70M, Eyes Laos for Expansion

Jakarta (TheInsiderStories) - Indonesia' plantation producer, PT Perkebunan Nusantara III (PTPN III) planned to release SUKUK Rp1 trillion (US$70.42 million) on November, the management said...

Indonesian Stock to Watch on Friday, July 12

JAKART (TheInsiderStories) - The Jakarta Composite Index was closed up 0.1 percent to 6,417.07 from a prior day closed up 0.35 percent to 6,410.68. For...

Indonesia, Laos Strengthens Cooperation in Various Fields

JAKARTA (TheInsiderStories) - Indonesia and Laos state companies will conduct business cooperation in various fields ranging from railroad infrastructure, mining, to agriculture. This was...
Indonesia's Bukit Asam to Invest $464.28M this Year

Indonesia’s Bukit Asam to Invest US$464.28 M this Year

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bukit Asam Tbk (IDX: PTBA) budgeted Rp6.5 trillion or US$464.28 million for investment in 2019. This value...

Insight: Indonesia SOEs, Between Debt Winding and Infrastructure Development Project

 JAKARTA (TheInsiderStories) – The contentious rhetoric about the increasing of state-owned enterprises' (SOE) debt has been broadly discussed among observers and economists. Indeed, the...

Indonesia’s Bukit Asam Keeps Expanding into Downstream

JAKARTA (TheInsiderStories) - Indonesian coal miner PT Bukit Asam Tbk (PTBA) has planned to set up a joint venture company with PT Pertamina, fertilizer producer PT...

Indonesia’s PLN Appeals Gas Price for DMO US$6.5

JAKARTA (TheInsiderStories) - Indonesia's power producer PT Perusahaan Listrik Negara (PLN) appealed to the government gas prices for Domestic Market Obligation (DMO) can be...

Indonesia Expanding Gas Pipeline Network, Pipe Producers to Benefit

JAKARTA (TheInsiderStories) - As a move to increase domestic usage of natural gas, the Downstream Oil & gas Regulatory Body, will tender out three...

Bukit Asam Sells US$143M’s Coal to Taiwan

JAKARTA (TheInsiderStories) - Indonesia coal mining company, PT Bukit Asam Tbk (IDX: PTBA) signed a coal sales contract 2 million tons (MT) of coal...

APAC Face the Greatest Risk from Implicit SOEs Liabilities

Singapore (TheInsiderStories) - Moody's Investors Service says that state-owned enterprises (SOEs) play a pivotal role in furthering public policy objectives across Asia Pacific (APAC). Its...

Morning Briefing: US, China Hopeful Trade Deal Wrap in Two More Talks

JAKARTA (TheInsiderStories) — United States (US) and China are expected no longer far from reaching a trade deal. US Treasury Secretary Steven Mnuchin hoped...

Widodo’s Man on Vortex Corruption Case

JAKARTA (TheInsiderStories) - During the 2014 Presidential Election campaign, Joko Widodo brought new optimism to the public when he stated his plan to launch...

Incumbent Coalition Party Exposed to Corruption Issues Ahead of Voting

JAKARTA (TheInsiderStories) - The step of incumbent Joko Widodo and his running mate Ma'ruf Amin stumbled by a corruption case that ensnared some of...

PTBA Secures US$1.26B Loans from China Exim Bank

JAKARTA (TheInsiderStories)--PT Huadian Bukit Asam Power (HBAP), a joint venture power company between PT Bukit Asam Tbk (PTBA) and PT China Huadian Hongkong Company...

Agriculture Ministry Allocates US$1.45B for Post Harvest Infrastructure

JAKARTA (TheInsiderStories) - The Agriculture Ministry has allocated Rp20 trillion (US$1.45 billion) for the development of post-harvest infrastructure in order to absorb the farmer's production,...

Daily Business Briefs – Dec. 14

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: FSA Revokes Licenses of 8 Rural Banks Financial Services Authority...

Mining and Energy Holding Ready To Rock ‘n’ Roll

JAKARTA (TheInsiderStories) – The state-owned enterprises (SOE) Ministry is expected to establish holding company mining and energy sector, by the end of this year...

Fajar Harry : Holding Company for Mining Will Establishs

JAKARTA (TheInsiderStories) - The establishment of the first holding company ever in Indonesia has come closer to reality. Since the Ministry of State-Owned Enterprises announced...

South Korean LG To Build Petrochemical Plant in West Papua

JAKARTA (TheInsiderStories) - South Korean LG International Corp., join with its local partner PT Duta Firza ready to develop petrochemical plant in West Papua after...
China's Current Account Surplus in Q4 2018 by Strong Exports

Morning Briefs – Jan 23

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Taspen Will Increase Direct Investment in Infrastructure Projects State...

Holding Down Strategic Industry Gas Price a Hard Job

JAKARTA (TheInsiderStories) – The Indonesian government’s drive to depress the price of gas sold to strategic industries, as mandated by Presidential Decree Number 40,...

Bukit Asam, Kereta Api deal on coal transportation 130.1mt

JAKARTA (TheInsiderStories) - State coal miner PT Bukit Asam Tbk (IDX: PTBA) and state railway operator PT Kereta Api Indonesia (KAI) signed an agreement for coal...