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Desk Editor

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Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019

JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road in 2019, said its president on Tuesday (21/08). The project as...

Indonesia’s President to Issue Instruction on Lombok Earthquake Recovery

JAKARTA (TheInsiderStories) - Indonesian government will issue a presidential instruction on recovery and reconstruction of Lombok which was hit by a series of earthquake over the past week, the spokesman of Disaster Mitigation Agency Sutopo Purwo...

Indonesia Requires Boeing, Airbus Purchases with Biodiesel Export

JAKARTA (TheInsiderStories) - Followed Indonesian Trade Ministry visited to the United States (US) and Europe, the country has proposed to swap the purchase of Airbus and Boeing aircraft with bioadiesel export for bioavtur plant, said one...

Morning Briefing: Jusuf Kalla, Sri Mulyani Join Widodo’s Re-election Campaign Team

JAKARTA (TheInsiderStories) - Good Morning. President Joko Widodo has officially picked Vice President Jusuf Kalla to lead the 11-strong steering committee for his re-election bid in 2019. Other members are Try Sutrisno, Puan Maharani, Pramono Anung Wibowo,...

Dozens Killed on the Streets in Police Crackdown Ahead of Asian Games

JAKARTA (TheInsiderStories) - Indonesian police have shot dead more than 70 people in an escalating crackdown on what they have called ‘petty criminals’ in the lead-up to the country’s hosting of the 2018' Asian...

Azrul Tanjung: An Insight Into Ma’ruf Amin’s Economic Agenda

JAKARTA (TheInsiderStories) - As the chairman of Indonesia Ulema Council (MUI) Ma’ruf Amin spent his time and energy not only on the religious life on ordinary Muslim. One issue that he is particularly interested is the...

Moody’s affirms Modernland’s B2 ratings; outlook stable

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B2 corporate family rating of Modernland Realty Tbk (P.T.). The outlook on ratings is maintained at stable. Moody's has also affirmed the B2 backed senior unsecured rating of...

Weekly Briefing: Asian Games Ceremony Gives Diversion For Indonesians

JAKARTA (TheInsiderStories) - Good Morning. The 18th Asian Games in Jakarta opened with a lavish ceremony and great fanfare on Saturday (18/08), providing ordinary Indonesians with a much needed diversion amid the endless cycle of economic...

Indonesia Losses US$521M from Lombok Earthquake

JAKARTA (TheInsiderStories) - The damages and losses caused by the Lombok earthquake are huge. The latest estimate by National Disaster Mitigation Agency on August 13, the damage of the earthquake at Rp7.45 trillion (US$520.97 million). The spokesman...

Chevron, Exxon Discusses with Indonesian Govt on Mandatory Sell Crude Oil to Pertamina

JAKARTA (TheInsiderStories) - Foreign oil producer PT Chevron Pacific Indonesia and PT ExxonMobil Indonesia would discuss with Indonesian government on the new policy requiring the mandatory sale of crude oil to state-owned energy producer PT Pertamina. Minister...