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Electrical Power from Powerful Waves – Dutch Investors Keen

JAKARTA (TheInsiderStories) - Investors from the Netherlands have expressed interest in develop an ocean wave power plant under Pancasila-Palmerah bridge connecting Flores Island and Adonara in East Flores regency, East Nusa Tenggara, a senior official...

A Lesson from China Development Bank

JAKARTA (TheInsiderStories) - Chinese Development Bank (CDB) is today known as one of the largest financial institutions in the world, as reflected in its rank as 57th in the The Fortune Global 500 company...

China Development Bank to Open Jakarta Representatives Office

JAKARTA (TheInsiderStories) – China Development Bank (CDB) has announced that it is going to open a Representative Office in Indonesia, likely in connection with its plan to facilitate loans for the mammoth Jakarta-Bandung high-speed...

China Development Bank Grabs Chance in Indonesia

JAKARTA (TheInsiderStories) - President Joko Widodo has targeted 5.4 percent of economic growth for 2018, supported by infrastructure development and consumer activity. Widodo's infrastructure development plan will require some Rp 5,500 Trillion (US$450 billion) in investment between...

Indonesian Government Looks at US$64b Capital Market Activities, FDI US$60.1b in 2018

JAKARTA (TheInsiderStories) – The Government expects capital market activity, including initial public offerings and bond issuance, to reach Rp855 trillion (US$64.3 billion) in 2018. While, foreign direct investment is projected to realize Rp799 trillion (US$60.1...

Daily Briefs – Sept. 13

JAKARTA (TheInsiderStories) - Good morning. we would like to share news features that you might find useful for your business decisions today. Recovery Connectivity Customer Service Has Recovered 100% PT Telkom Indonesia Tbk (IDX: TLKM) has confirmed Telkom-1...

Rajawali Unloads Infra Shares onto Matahari Kapital

JAKARTA (TheInsiderStories) - Indonesian conglomerate Rajawali Corpora has sold 21 percent of PT Nusantara Infrastructure Tbk (IDX: META) or 3.2 billion shares, for Rp864 billion (US$65.45 million) to local investor Matahari Kapital Indonesia (MKI). The purchase...

Local Banks Join with CDB – a Shotgun Wedding?

JAKARTA (TheInsiderStories) - Indonesia government is currently offering a broad opportunity to international financial institutions to partner up with local banks, in its quest to form gigantic infrastructure development capital pools in Indonesia. The Ministry...

Mammoth Infrastructure Projects Face Financial Reality

JAKARTA (TheInsiderStories) - Indonesian government aims to establish the Indonesia Infrastructure Financing Agency, also known as the ‘infrastructure bank’ as soon as 2018, to act as a bridge over the gap between the needs...

Waskita Rebuffs Suitors, Cancels Divestment

JAKARTA (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX:WSKT) has announced that the rights issue and divestment of PT Waskita Toll road (WTR) has been cancelled and is expected to be executed...