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Saturday, December 15, 2018
JAKARTA (TheInsierStories) - Global ride sharing company Grab said it has opened R&D center in Kebayoran Baru, Jakarta. The center complements the company's R&D centers in other cities around the world including in Bangalore, Beijing, Ho Chi Minh City, Seatle and Singapore. With the R&D center, engineers from Indonesia will have the opportunity to...
By Harumi Taguchi, Principal Economist at IHS Markit   Key Points: Ÿ   Japan’s index of industrial production (IIP) fell 2.1% month on month (m/m) in March, following a 3.2% rise in the previous month. Ÿ   Although producers’ shipments showed softer decline than production, contracting 1.1% m/m, inventories rose for the fourth consecutive month,...
JAKARTA (TheInsiderStories) – Shipping line PT Samudera Indonesia Tbk (IDX:SMDR) is planning to issue bonds worth US$70 million. The bonds will be issued twice, with first phase to be issued in June worth US$35 million, company director Ridwan Hamid was quoted by Bisnis Indonesia as saying Wednesday. This year,...
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) – Businessman Edwin Soeryadjaya as well as private television operator PT Surya Citra Media Tbk (IDX:SCMA) will become new shareholders of PT Tempo Inti Media Tbk (IDX:TMPO) through subscribing the rights issue to be issued by the company. Tempo Inti Media is the publisher of Tempo magazine....
JAKARTA (TheInsiderStories) - State owned property firm PT HK Realtindo, a subsidiary of state owned construction company PT Hutama Karya, has acquired a total of 80 hectares of land in three locations that will be used to build property projects. The total investment to develop the three projects would...
JAKARTA (TheInsiderStories) - PT Borneo Olah Sarana Sukses (IDX:BOSS), a coal mining company, is seeking to raise between Rp140-Rp240 billion from its plan initial public offering (IPO). The company sets offering date on Feb, 9-13, 2018 followed by listing on Feb. 21. The company plans to seel 400 million...
JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Bank of Japan Keeps Monetary Policy on Hold Japan’s central bank voted to hold monetary policy steady on Thursday as it forecast the country’s economy will continue its “moderate expansion”. The Bank of Japan said...

Morning Brief – Jan 8

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Chinese Plastic Maker Hong Sheng to Build Plant in Batam Batam Free Trade Zone Authority (BP Batam) has granted its first investment permit in 2018 to Chinese plastic maker Hong Sheng Plastic Industry, which...
JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed up 9.63 points (0.14 percent) to 6,500 after moving between 6,484-6,529 on Monday (22/1). The composite index's level at closing has surpassed the previous record-high level of 6,472 on Friday closing. While in the foreign exchange market, the Rupiah closed down 34...

Latest article

Medco Power Indonesia will Increase Power Supply in Riau

JAKARTA (TheInsiderStories) – PT Medco Power Indonesia (MPI), engaged in the power sector, will increase power supply up to 275 megawatt in Riau, said...

Creditor of Indonesia’s Express Requests Delay of Payment

JAKARTA (TheInsiderStories) - Mitra Krakatau Pension Fund, one of indonesian taxi operator PT Express Transindo Utama Tbk (IDX: TAXI), requested a postponement of debt...

Trade War Benefit, Indonesia to Process US$1B Investment in Batam

JAKARTA (TheInsiderStories) — As a consequence of the United States (US) and China trade tariff wars, huge investment is on its way to enter...

Indonesia’s Deposits Rate Possibles to Escalate in 2019

JAKARTA (TheInsiderStories) - Indonesia' deposit rates has potentially to increase due to the possibility of a benchmark rate hike in 2019, said Deposit Insurance Corporation...

Tangled in Debt, Indonesia’s Bakrie & Brothers Executes US$647M from MCB, Private Placement

JAKARTA (TheInsiderStories) — Indonesian holding company, PT Bakrie & Brothers Tbk (IDX: BNBR) raised Rp9.38 trillion (US$646.89 million) from private placement and mandatory convertible...

Kotjo Sentenced Over than 2 Years Prison over Indonesia’s Riau-1 Corruption

JAKARTA (TheInsiderStories) — Blackgold Natural Resources Ltd., Johannes Kotjo was found guilty in the Riau-1 Power Plant bribery case, involving several government and state-owned...