27 C
Jakarta
Saturday, August 18, 2018
JAKARTA (TheInsiderStories) - Good morning. We offer you several relevant news items that might help your business decisions today. Freeport Closes Access Road to Tembagapura After Shooting Incident PT Freeport Indonesia (FI) temporarily closed down the mine access road from Timika to Tembagapura and vice versa after the shooting incident to three units of their...
JAKARTA (TheInsiderStories) - U.S's Continental Energy Corporation (OTCQB:CPPXF) announced that it has established PT Kilang Kaltim Continental (KKC), an Indonesian subsidiaries. KKC's investment license permits it to build, own, and operate a crude oil refinery at the KIPI Maloy port and industrial park, a East Kutai special economic zone of East Kalimantan...
JAKARTA (TheInsiderStories) - Indonesia broadcasting company, PT Intermedia Capital Tbk (IDX: MDIA) plans to issue global bonds worth US$ 300 million (Rp 4.05 trillion), to refinance debt owed by parent company PT Visa Media Asia Tbk (IDX: VIVA), according to a company disclosure. MDIA will issue the bonds, which mature...
JAKARTA (TheInsiderStories) – Indonesia trade surplus narrowed to $900 million in October from a surplus of $1.76 billion in previous month as imports grew faster than exports, Statistics Indonesia reported on Wednesday (15/11). In October, Indonesia booked exports of $15.09 billion, increased by 3.67 per cent, while imports reached $14.19 billion, rose...

Morning Briefs – Jan 12

JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Indonesia Hopes to Finalize Freeport Contract Talks by June Indonesia hopes to finalize contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June, although divestment issues are still unresolved, a mining ministry...
JAKARTA (TheInsiderStories) -  State electric company PT Perusahaan Listrik Negara (PLN) has secured €80 million (approx. Rp1.4 trillion) loan from the Gospodarstwa Krajowego (BGK) Bank of Poland, to finance the construction of power plants in Lombok, West Nusa Tenggara. The move is part of a wider effort to fulfill the government’s...

Daily Briefs, Nov 3

JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Indika Powers Up for Dollar Return Indonesian power producer Indika energy launched a dollar bond on Thursday, turning investors more than a month after a roadshow for the proposed transaction. In late...
JAKARTA (TheInsiderStories) - The national food and beverage industry is projected to record 8-9 per cent growth this year, partly driven by regional elections to elect governors and regency heads held across the country. Judging from regional elections held in the past, the elections help boost people's consumption. "We are projecting...
JAKARTA (TheInsiderStories) - In the first quarter (Q1) of 2017, Indonesia's agro industry growth 6.33 percent, one of the largest contribution from the food and beverage industry which rose 8.15 percent compared to the same period in 2016. The investment value of domestic investment recorded Rp14.69 trillion and foreign investment $600...
JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Japan agrees to accelerate investment in Indonesia The Republic of Indonesia has concluded an agreement with Japan to collaborate in accelerating development on Padang-Bukittinggi-Pekanbaru infrastructure along the Sumatra Toll Road. At a meeting with...

Latest article

Indonesia’s Bayan Buys 100% Kangaroo for US$515M

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bayan Resources Tbk (IDX: BYAN) to acquired 45 percent shares of Australian miner Kangaroo Resources Limited (ASX: KRL)...

Indonesian Govt Prepares US$29B for Infrastructure Projects in 2019

JAKARTA (TheInsiderStories) - Indonesian government prepares Rp420.5 trillion (US$29.41 billion) for infrastructure projects in 2019 State Budget, said Finance Minister on Thursday (16/08). The amount...

Insight: 2019 State Budget is a Mixed Bag

JAKARTA (TheInsiderStories) - The government’s proposed 2019 State budget is quite uncommon. At first glance, the budget sends a message of fiscal moderation, with...

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...

Qatar will Invests US$15B to Turkey

JAKARTA (TheInsiderStories) - Qatar will rapidly implement an investment package of $15 billion in Turkey to help the country' financial problems. The statement made following the meeting that...

Indonesian Businessmen Ready to Convert 50% Export Revenues to Rupiah

JAKARTA (TheInsiderStories) - All businessmen under Indonesian Chamber of Commerce and Industry (ICCI) committed to bring 100 percent of foreign exchange revenues to the country, said...