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Jakarta
Sunday, April 22, 2018
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: President Officiates Soreang-Pasir Koja Toll Road in West Java President Joko Widodo on Monday (4/11) inaugurated the operation of Soreang-Pasir Kota toll road in West Java, which is expected to help connectivity in the area....
Singapore, May 22, 2017 -- Moody's Investors Service has assigned a first-time Ba3 corporate family rating to Agung Podomoro Land Tbk (P.T.) (APL). At the same time, Moody's has assigned a Ba3 rating to the proposed USD-denominated bonds to be issued by APL Realty Holdings Pte. Ltd., a wholly owned subsidiary of APL. The...
JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati says Indonesian Government will simplifying regulations and providing incentives to lure investor come to the country. She promised government will reducing the various rules that hinder and create a shorter and easier investment process. Sri Mulyani continued, her ministry will cooperate with the Ministry...
JAKARTA (TheInsiderStories) - PT Pertamina and EMP Bentu Limited, a subsidiary of PT Energi Mega Persada Tbk (IDX: ENRG) signed a gas sales and purchase agreement with a volume of 0.2Million Cubic Gas Gas Per Day (MMSCFD) for gas network allocation in Pekanbaru City, Riau Province. Corporate Communications Vice President...
Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: China will host ‘The Belt & Road Forum for International Cooperation’ on 14-15 May in Beijing with an estimated 28 heads of state expected to attend, including President Vladimir Putin of Russia, Indonesian President Joko Widodo, Malaysian PM Najib Razak...
JAKARTA (TheInsiderStories) - Indonesia's based conglomerate group Astra International has joined forces with a Hong Kong-based multinational property group to develop Arumaya, a residential apartment complex worth Rp 1 trillion (US$74.5 million) in Jakarta after seeing signs of recovery in Indonesia's property market. Arumaya will be developed by Brahmayasa Bahtera,...
JAKARTA (TheInsiderStories) - Seven major banks give credits Rp8 trillion (US$592.59 million) for state-owned toll operator PT Hutama Karya to finance Bakauheni-Terbanggi Besar toll road project (part of the Trans Sumatra Toll Road), said the company on Dec. 27. The toll road project itself requires investment of Rp16.8 trillion and along...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today on stable domestic interest rates after the central bank, Bank Indonesia, keep the 7-day repo rate on hold. However, the gains are likely to be capped by moves of some investors to cash out ahead of the weekend. Reliance Sekuritas Indonesia...
JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Consumer Confidence Rose up on November Bank Indonesia consumer survey has indicated that consumer optimism in November 2017 has increased, as shown by the Consumer Confidence Index that reached 122.1 points, higher than in...
JAKARTA (TheInsiderStories) - PT Trafoindo Prima Perkasa aims to raise between Rp384.5-Rp480 billion from initial public offering (IPO). In a public presentation on Monday, the company disclosed that it plans to offer shares at price of Rp320-RP400 per share. It will use around 65% of the IPO proceeds to...

Latest article

Indonesia Expects Lower Investment in Mining, Oil & Gas Sectors

JAKARTA (TheInsiderStories)—The government revised down its investment target from the mining, and oil and gas sectors by 25.7 per cent to US$37.2 billion this...

State Port Operator Pelindo III Increases Holding in Port Developer APBS

JAKARTA (TheInsiderStories)—State-owned port management company PT Pelabuhan Indonesia III (Pelindo III) increased its ownership in PT Alur Pelayaran Barat Surabaya (APBS), a joint venture with...

Indonesia Raises US$2B From Dual Currencies Bond Sale

JAKARTA (TheInsiderStories) - Indonesia has raised US$1 billion and one billion Euro ($1.24 billion) in a dual-currency bond sale, the finance ministry said in statement...

Indonesian Gov’t Appoints Nicke Widyawati as Pertamina’s Acting CEO

JAKARTA (TheInsiderStories) - State-owned Enterprise Ministry (SOEs) for the second time of this year shake up the management of energy firm PT Pertamina after a series...

Reynold Wijaya of Modalku: We Only Take the Crumble of the Pie Crust That...

JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally,...

Policy Review: More Breakthrough Needed to Improve Investment in Energy Sectors

JAKARTA (TheInsiderStories)—The government already revoked 186 conflicting regulations in the energy sector, but apparenyly it is not enough to improve investment climate in this sector. The...