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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.

Indonesia’s Rating Upgrade by Moody’s to Baa3

JAKARTA (TheInsiderStories) -- Moody's Investors Service has upgraded the Government of Indonesia's long-term issuer and senior unsecured ratings to Baa2 from Baa3. The outlook is changed to stable from positive. The upgrade to Baa2 is underpinned...

Indonesia Waskita’s Unit Raises US$365M From Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) through ​​its subsidiary PT Waskita Toll Road (WTR) funding worth Rp5 trillion (US$364.96 million) by issuing Mutual Fund Limited.  WTR divest its shares in three of the...

Barito Pacific Buys Star Energy for US$755M

JAKARTA (TheInsiderStories) - Shareholders of a diversified group PT Barito Pacific Tbk (IDX: BRPT) approved the acquisition of 66.7 per cent Star Energy Group Holdings Pte Ltd shares with worth US$755 million. The acquisition of Star Energy its expecting...

Moody’s Reviews Lippo Karawaci’s B1 Ratings for Downgrade

Singapore -- Moody's Investors Service has placed on review for downgrade the B1 corporate family rating of Lippo Karawaci Tbk (P.T.). At the same time, Moody's has placed on review for downgrade the B1 backed senior unsecured rating...

Lion Air Order Boeing’s MAX 10 Airplanes for US$6.24B

JAKARTA (TheInsiderStories) - Boeing (NYSE: BA), an American multinational corporation and the Lion Air Group today announced the airline purchased 50 of Boeing's new 737 MAX 10 airplanes. The deal, valued at approximately $6.24 billion, is...

Indonesian Gov’t to Revise Macro Economics Assumption

JAKARTA (TheInsiderStories) - Indonesia plans to revise the macro assumption in the State Budget of 2018 to better reflect the recent development, Finance Minister Sri Mulyani Indrawati said on Monday (09/04). "Some macro assumption in the...

Phi Group, Smartway, Local Firm Set Up Logistical and Payment Solutions in Indonesia

JAKARTA (TheInsiderStories) - PHI Group, Inc., (OTCQB:PHIL), announced has signed a Joint Business Cooperation (JBC) Agreement with an Indonesia firm PT Mega Kencana Persada (MKP), and German's Smartway GmbH to provide logistical and payment...

Indonesia’s Investree to Receive US$10 Million Series B Funding Round

JAKARTA (TheInsiderStories) - Investree, an Indonesian local startup providing peer-to-peer (P2P0) lending marketplace, will receive US$10 million worth of Series B funding from some local and foreign venture capital firms, a source who are close to...

Indonesia’s BRISyariah Targets US$124M from IPO

JAKARTA (TheInsiderStories) - PT Bank BRISyariah Tbk targeting to raise Rp1.7 trillion (US$124.09 million) from initial public offering (IPO). The company set the indicated price of the IPO at the range Rp500 to Rp650 a...

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, Antara reported. Agriculture Minister Amran Sulaiman said the funds to be...