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Friday, April 20, 2018
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Elisa Valenta

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Policy Review: Infrastructure Projects Lead to Higher SOE Debts

JAKARTA (TheInsiderStories) - Indonesia's State-owned enterprises (SOEs), especially construction and power companies, which are involved in the government-led infrastructure projects are currently being plagued by weakening balance sheets, as they have been borrowing extensively to...

Measuring Risks on China’s Belt and Road Initiative for Indonesia

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) Managing Director Christine Lagarde has warned potential debt problems for partner countries involved in China's Belt and Road Initiative (BRI) joint projects, including Indonesia. Lagarde was speaking at...

World Bank Raises Growth Outlook on East Asia Pacific

JAKARTA (TheInsiderStories) - East Asia and Pacific (EAP) region's economy is expected to grow to 6.3 per cent in 2018 amid the trade tension of United States and China and Federal Reserves plan to rise...

Indonesia Eximbank Signs $100M Deal with African Eximbank

JAKARTA (TheInsiderStories) - The African Export-Import Bank (Afreximbank) and the Indonesia Eximbank have signed a deal worth $100 million to support businesses and trade activities between Indonesia and African countries. The agreement, signed on the sideline...

Bank Muamalat Needs US$315 Million Capital Injection

JAKARTA (TheInsiderStories) - Islamic lender PT Bank Muamalat Indonesia Tbk needs Rp 4.5 trillion ($315 million) worth of capital injection to improve its credit quality, the lender's chief said on Wednesday (11/04). The lender is...

ADB Projects Indonesia’s Economy to Grow 5.3 Pct on Investment, Consumption

JAKARTA (TheInsiderStories) - Indonesia’s economy is predicted to expand by 5.3 per cent in 2018 and 2019, thanks to the expected accelerated in investment and stronger household consumption, the Asian Development Bank (ADB) said...

Gov’t Offers 34 Projects Under Non-Budget Investment Financing Scheme

JAKARTA (TheInsiderStories) - The government is preparing 34 projects with a total value of US$25.8 billion or Rp344.64 trillion in the pipeline under non-budget investment financing scheme known as PINA, to domestic and foreign investors. Of...

Indonesia, Africa Sign US$586M Business Deals

JAKARTA (TheInsiderStories) - Dozens of companies from Indonesia and Africa have signed a number of business deals worth US$586.56 million in total during Indonesia-Africa Forum 2018 that was held in Nusa Dua, Bali on...

Trainset Arrives, Gov’t Push The Completion MRT Before Asian Games

JAKARTA (TheInsiderStories) - A Japanese-made trainset consisting of 12 cars has arrived in Jakarta via cargo delivery on Apr. 7, which is part of the equipments needed for the first phase of the Mass Rapid Transit...

Indonesia Delays Implementing Cabotage Rule

JAKARTA (TheInsiderStories) - Indonesia delayed implementing cabotage regulation, which makes it mandatory for all exports and imports activities to use local transport operators amid criticism from the local business community. According to Trade Ministry Regulatoon Number...