26 C
Jakarta
Tuesday, August 21, 2018
  JAKARTA (TheInsiderStories) -The Asia and Pacific region continues to deliver strong growth, in the face of widespread concerns about growing protectionism, a rapidly aging society, and slow productivity growth, according to the International Monetary Fund (IMF) latest regional report. The IMF estimates growth for the Asia and the Pacific region...
JAKARTA (TheInsiderStories) – The Panel of Judges at the North Jakarta District Court has sentenced Jakarta Governor Basuki T. Purnama two years in jail over alleged blasphemy case. Following the decision, Deputy Jakarta Governor Djarot Saiful Hidayat will assume the post as Acting Governor of Jakarta. “As I am one package...
JAKARTA (TheInsiderStories) – Indonesian shares are expected to trade higher today, extending yesterday’s gains, on positive economic data, including steady economic growth in the first quarter and higher foreign exchange reserves, as well as ongoing capital inflow, analysts say. On Monday, the JCI closed up 24.485 points or up 0.43...
JAKARTA TheInsiderStories) -The Indonesian Association of Beverages Industry (ASRIM) revealed that the beverage industry experienced negative growth in the first quarter of 2017 because the weakening of consumers' purchasing power. Based on data from the Central Bureau of Statistics (BPS), the country's beverage industry production experienced a negative growth of 5.42...
JAKARTA (TheInsiderStories) - Indonesia’s official foreign exchange reserves have increased to US$123.2 billion in April 2017, from previous month of US$121.8 billion, partly driven by improved external trade, the central bank, Bank Indonesia data shows. Executive Director of Communication Department of Bank Indonesia (BI) Tirta Segara said the increase of foreign exchange...
JAKARTA (TheInsiderStories) - PT Astratel Nusantara, a subsidiary of PT Astra International Tbk (IDX: ASII), has increased its share ownership in the Cikopo-Palimanan (Cipali) toll road to 45 percent, strengthening the company's investment portfolio on the toll road business. Astratel Nusantara has bought 60 percent shares of PT Baskhara Utama Sedaya (IDX:...
Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: The Vietnamese economy remains one of the world’s brightest emerging market stars, as rapid industrialization continues to transform the economy Vietnam’s total GDP is forecast to reach USD 320 billion by 2021, with rapid growth in manufacturing exports, international tourism, and...
JAKARTA (TheInsiderStories) - PT Bank Mandiri Tbk (IDX:BMRI) announced its plan to issue bonds, consisting of coupon bond and zero coupon bonds as part of its Sustainable Bond I Phase II 2017. The value of the bonds is yet to be revealed. The bonds proceeds will be used to...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today driven by ongoing capital inflow as well as stable economic growth. As revealed by the Central Bureau of Statistic (BPS), Indonesia recorded GDP growth of 5.01 percent in the first quarter 2017. On Friday, the Jakarta Composite Index closed...
JAKARTA (TheInsiderStories) - PT Bumi Resources Tbk (IDX:BUMI), the country's largest coal producer targets coal sales volume rise of 5-7 percent for 2017 and coal price increase of 30 percent for full year 2017. The company maintains its target given encouraging results in the first quarter of 2017. In the first quarter,...

Latest article

Indonesia’s MoF Sell Retal ​​Government Bonds Through Online

JAKARTA (TheInsiderStories) - The Ministry of Finance (MoF) has officially opened the offering period of Savings Bond Retail series SBR004 through online system (e-SBN) on...

Indonesia’s FSA Launch OJK Infinity to Creates FinTech Ecosystem

JAKARTA (TheInsiderStories) - Indonesia Financial Services Authority  (FSA) inaugurated the operation of OJK Innovation Centre for Digital Financial Technology (OJK Infinity) which aims to build the FinTech ecosystem...

Dozens Killed on the Streets in Police Crackdown Ahead of Asian Games

JAKARTA (TheInsiderStories) - Indonesian police have shot dead more than 70 people in an escalating crackdown on what they have called ‘petty criminals’ in...

Azrul Tanjung: An Insight Into Ma’ruf Amin’s Economic Agenda

JAKARTA (TheInsiderStories) - As the chairman of Indonesia Ulema Council (MUI) Ma’ruf Amin spent his time and energy not only on the religious life on ordinary...

IPC Plans to Develop CBL Inland Waterways This Year

JAKARTA (TheInsiderStories) - PT Pelabuhan Indonesia (Pelindo) II also known IPC, an integrated port operator, plans to start Cikarang - Bekasi - Java Sea...

Moody’s affirms Modernland’s B2 ratings; outlook stable

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B2 corporate family rating of Modernland Realty Tbk (P.T.). The outlook on ratings is maintained at stable. Moody's...