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Jakarta
Wednesday, September 26, 2018
JAKARTA (TheInsiderStories) - The state owned enterprise ministry has appointed Arief Budiman as new Chief Executive Officer of PT Danareksa, replacing Heru D. Adhiningrat who had been CEO of Danareksa for 9 years. The decision to change the CEO  of Danareksa is stipulated in the decree of the State -Owned Enterprises...
JAKARTA (TheInsiderStories) - Indonesia’ current account deficit widen to 3 percent of gross domestic product (GDP) or US$8.0 billion in second quarter (Q2) of 2018 inline with rising domestic economic activities, Bank Indonesia (BI) reported on August 10. But, during January to June, the CAD was still within the safe threshold...
JAKARTA (TheInsiderStories) - Good moring. Thursday was quite an eventful day and President Joko Widodo shows once again why he is a formidable politician by picking the influential cleric Ma’ruf Amin as his pair in the next 2019 Presidential Election. Any presidential hopefuls must register to the Election Commission today. Initially, Widodo appeared...
JAKARTA (TheInsiderStories)--Publicly listed tower operator PT Sarana Menara Nusantara Tbk (IDX: TOWR) plans to allocate Rp1.5 trillion (US$104.158 million) to buyback its 5 per cent share, according to the Indonesia Stock Exchange disclosure. TOWR will buy as many as 5 per cent of the company's issued and fully paid shares...
JAKARTA (TheInsiderStories)--The gas pipelines owned by the Chinese state-owned oil and gas company, China National Offshore Oil Corporation (CNOOC), leaked in the sea near Bojonegara, Banten, Indonesia. The leakage of undersea gas pipeline occurred at 10.00 am this morning (9/7). "There is a leakage of subsea gas pipeline 20 'OD...
JAKARTA (TheInsiderStories) - Indonesia publicly listed's PT Tower Bersama Infrastructure Tbk (IDX: TBIG) announces that it has closed its continuous Rupiah Bond worth of Rp608 billion (US$45.52 million) on Thursday (06/07). The July 2021's IDR Notes set a fixed interest rate of 8.50 percent for a tenor of three years and will...
JAKARTA (TheInsiderStories) - United States dollar and Wall Street gained after the European Central Bank (ECB) decided hold the interest rates on Thursday (14/06). The central bank said it will also remove its crisis-era stimulus program by the end of this year, a decade after the start of the euro zone's economic...
Singapore -- Moody's Investors Service says that the currency depreciation witnessed across Asia Pacific in recent months poses risks to the region's emerging and frontier markets. Sovereigns with high external financing needs are most exposed. Most currencies in APAC have depreciated against the US dollar this year, with the largest depreciations...
JAKARTA (TheInsiderStories)--PT Wijaya Karya Realty (Wika Realty), a subsidiary of state-owned construction company PT Wijaya Karya, postponed a planned initial public offering (IPO) due to market condition. Wika Realty has sent a letter to postpone the IPO, said Director of Corporate Assessment at IDX Samsul Hidayat on Tuesday (21/05). He added...
JAKARTA (TheInsiderStories)--PT Bank Mayapada International Tbk (MAYA) plans to raise a fund of Rp4 trillion (US$281.543 million) to Rp5 trillion (US$351.929 million) by issuing subordinate bonds and new shares. The company targets Rp2 trillion (US$140.732 million) from a rights issue and another Rp2-Rp3 trillion by issuing subordinate bonds. President Director...

Latest article

Insight: Rising LDR May Put Lending Rates at Accelerating Path

JAKARTA (TISIntelligence) - For all the complexity surrounds the banking system, the basic rule of supply and demand still reigns supreme. Here, supply can be seen...

Indonesia’s FIF Launchs Local Bond US$89M for Retail Investor

JAKARTA (TheInsiderStories) - PT Federal International Finance (FIF), an Indonesia multi-finance company launched local bonds worth of Rp1.3 trillion (US$89.66 million for retail investors, said the...

Unit of Lippo Karawaci Buys Land in Jakarta for US$112M

JAKARTA (TheInsiderStories) - Singapore's real estate player OUE Pte. Ltd., unit of Indonesian conglomeration firm PT Lippo Karawaci Tbk (IDX: LPKR), has inked a deal...

Indonesia’s Komodo Airport Ready to be Offered in October

JAKARTA (TheInsiderStories) - Indonesian government is offering a Komodo Airport development project in Labuan Bajo, East Nusa Tenggara to the private sector through the public private...

Industry Minister Inaugurates Fiber Optic Factory US$44M in Indonesia

JAKARTA (TheInsiderStories) - Minister of Industry of Republic Indonesia Airlangga Hartarto inaugurated fiber optic cable factory PT ZTT Cable Indonesia, a unit of Chinese's Jiangsu...

Indonesia’s Election Supervisory Body Launch Vulnerability Index

JAKARTA (TheInsiderStories) - Indonesia Election Supervisory Body has issued 2019 Election Vulnerability Index. The index is a reference on the areas prone to conflicts and election...