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Linda Silaen

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The Insider Stories Founder Linda Silaen has a solid, proven history, established over more than a decade as a journalist with a leading internasional news organization, of being the first with the biggest economic news stories in Indonesia. Specializing in corporate news, Linda is also a veteran of some of the biggest macroeconomic and general news stories as Indonesia rapidly transforms into a major market economy. One of the founders of the original blog from which this company developed, Linda’s knowledge of investors’ information communications and data us developed from unrivaled networking skills that make her a well-known name among CEOs, bankers, government officials and private equity investors both in Indonesia and other countries.

Bribery Case May Strike Lippo Business in Indonesia

JAKARTA (TheInsiderStories) - Meikarta “Shenzen of Indonesia” project bribery case has dragged several Lippo Group’s top officials and tarnished its reputation. This chaotic situation is predicted to impact consumers trust, property marketing sales, and in the...

Indonesia’s Fuel Subsidy Swells, Deficit Remains Below 2%

JAKARTA (TheInsiderStories) - The realization of energy subsidized in the 2018's State budget until third quarter (3Q) of 2018 had exceeded the ceiling set. The realization of the energy subsidy has reached Rp54.3 trillion (US$3.7...

Indonesia Revised Down Economic Growth to 5.12% from 5.30% in 2019

JAKARTA (TheInsiderStories) - After revising the Rupiah assumption, Indonesian government also lowered the economic growth target in the 2019 state budget, to 5.12 per cent from previously 5.30 per cent. Finance Minister Sri Mulyani Indrawati attributed the...

Global Eyes on Argentine’s G20 Meeting, Amid US-China Trade War

JAKARTA (TheInsiderStories) - All eyes will go to G20 meeting in Buenos Aires, Argentina on November, amid the trade tensions between the two countries. The United States (US) President Donald Trump probably will meet Chinese...

Lippo Group’s Business Rocked by the Corruption Issues

JAKARTA (TheInsiderStories) - Shares of Lippo Group companies would see some pressures also after reports that some of its key executives were arrested on bribery charges related to the construction of mega project Meikarta and its...

Indonesia’s BUMI Pays US$167M Trance A Debt

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company in written statement on Monday (15/10). BUMI confirms having processed a...

Maybank Indonesia Provides Loan Facility to AP II US$206M

JAKARTA (TheInsiderStories) - PT Bank Maybank Indonesia Tbk (IDX: BNII) provided a loan facility to the state-owned airport operator, PT Angkasa Pura II (AP II) Rp3 trillion (US$206.90 million), said the lender on Sunday (14/10). The 10-year...

World Bank Pledges US$1B Assistance for Central Sulawesi and Lombok

JAKARTA (TheInsiderStories) - The World Bank has announced funding up to US$1 billion for Indonesia to supplement relief and reconstruction efforts in the disaster-affected areas of Lombok and Sulawesi, and to bolster long-term resilience. This augmentation of...

ADB, Others Leveraged Blended Financing US$9B in Emerging Markets

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB), together with other development finance institutions (DFIs) reported used about US$1.2 billion in concessional funds to support nearly $9 billion in private investment projects in emerging markets in...

ADB Pledged US$1B for Sulawesi Earthquake, Tsunami Affected Areas in Indoneia

Nusa Dua (TheInsiderStories) - Asian Development Bank (ADB) pledged up to US$1 billion for emergency assistance to support immediate budgetary needs and reconstruction efforts in the affected areas. The commitment has been delivered during ADB's President...