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Jakarta
Saturday, February 24, 2018
JAKARTA (TheInsiderStories) - Indonesian shares are expected to move sideways today, as players are likely to refrain from making aggressive moves due to lack of strong fresh leads. Desmond Wira, a market analyst projected the JCI to move sideways today, with the market is likely to trade above support level of...
JAKARTA (TheInsiderStories) - Textile and garment producer PT Sri Rejeki Isman Tbk (IDX:SRIL) recorded net profit of US$17.7 million in the first quarter 2017, rose 7.8 percent from the same period last year of US$16.4 million. The increase was in line with the rise of revenues, which reached US$180.2 million,...
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) - The newly appointed President Director of PT Garuda Indonesia Tbk (IDX:GIAA) Pahala N. Mansury, has one huge task on his hand, namely turning the company in green again after suffering net loss in the first quarter of 2017. As shown by the company's unaudited first quarter 2017...
JAKARTA (TheInsiderStories) - Indonesian conglomerate Bakrie Group and The Century Properties group is entering a joint venture with  to develop several projects in the Philippines, local news agency reported. Century said that it signed a memorandum of understanding with Bakrie Group at the sidelines of the ASEAN Summit, to build a...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today supported by capital inflow. The gains may be limited as some players are likely to await for the release of economic data, including April consumer price index (CPI). The stock market closed on Monday (May 1) for public holiday. Last Friday,...
JAKARTA (TheInsiderStories) - Kenda Rubber Industrial Co., Ltd., one of the two major tire makers in Taiwan, through its unit PT Kenda Rubber Indonesia has set up a plant, located in Serang of Banten Province. The new plant will produce bicycle and motorcycle tubes and tires. Vice President Tseng Duen-sheng explained that this plant...
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) - President Joko Widodo met with leading investor and businessman Li Ka-Shing in Hong Kong on Monday morning (May 1) as part of his overseas visit to lure foreign businessmen to invest in Indonesia. Speaking during a business forum in Hong Kong, the President told the businesss gathering...
JAKARTA (TheInsiderStories) - PT Amman Mineal Industri, previously known as PT Newmont Nusa Tenggara (NTT) is making progress with its plan to develop smelter plant with planned capacity of 2 million tons of copper concentrates per annum. The company plans to spend US$1.6 billion to develop the smelter plant, located in...

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