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Jakarta
Wednesday, November 21, 2018
May World Economic Forecast Flash from Global Insight  by  Chief Economist Nariman Behravesh and Senior Research Director Sara Johnson World Flash The global economy is on firmer footing as trade rebounds The incoming data on growth around the globe continue to surprise on the upside. Among the most encouraging trends is the upturn...
JAKARTA (TheInsiderStories) - State owned railway company booked revenues of Rp14.5 trillion in 2016, up 4.3 percent from previous year of Rp13.9 trillion and Rp10.48 trillion in 2014. Its comprehensive net profit reached Rp1.02 trillion, lower than previous year of Rp1.5 trillion, but still higher than 2014 and 2013...
JAKARTA (TheInsider Stories) - PT Tower Bersama Infrastructure Tbk. (IDX: TBIG) will share final cash dividend of Rp665 billion. Previously, Rp330 billion already distributed as Interim Cash Dividend in September 2016. The final dividend will be paid on June 13, 2017 to all shareholders with cum dividend (last trading...
JAKARTA (TheInsiderStories) - PT Indosat Ooredoo Tbk (IDX:ISAT) teams up with PT Palapa Satelit Nusantara (PSN to launch Palapa Nusantara 1 (Palapa N-1) in 2020, with estimated investment of US$200 million. Both parties have agreed to set up JV called PT Palapa Satelit Nusa Sejahtera (PSNS), in which Indosat...
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...
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) - Bahana Securities sees the Jakarta Composite Index (JCI) to move mixed today, hovering in the range of 5,600 to 5,650 points. Stocks that can be considered are including ACES, EXCL, ICBP, JPFA, SMBR, and TMAS. On Wednesday (May 17), JCI closed at the level of 5,615.49 points or weakened 0.56...
JAKARTA (TheInsiderStories) -  Indonesia's external debt at the end of the first quarter of 2017 stood at US$326,3 billion or grew by 2.9 percent year on year (yoy) and up slightly by 2.0 percent from previous quarter. The increase of external debt was contributed by the decline of private external...
JAKARTA (TheInsiderStories) - Trade Minister Enggartiasto Lukita said that Indonesia’s palm oil export to Europe has increased around 20 percent despite European Union’s moratorium on the export of the commodity. The increase in export volume despite the EU’s negative campaign shows that Europe and the Americas need palm oil. Indonesia...
JAKARTA (TheInsiderStories) - The Indonesia government officially issued Government Regulation in Lieu of Law (Perppu) No. 1 of 2017 on Access to Financial Information for Tax Interest as a part of Indonesia's commitment to implement Automatic Exchange of Information (AEoI) before June 30, 2017. The Perppu was signed by President Joko...

Latest article

Japan’s Sumitomo Invests US$1.8B in Indonesia’s EV Battery Project

JAKARTA (TheInsiderStories) - Japan's miner Sumitomo Metal Mining Co., Ltd., planned to invest US$1.8 billion on EV battery  businesses in Indonesia. The miner has conducted...

Morning Briefing: Indonesia Postponed Jakarta-Bandung HST, LRT Projects

JAKARTA (TheInsiderStories) — Good morning! Transportation Ministry postponed the development of two national strategic projects namely Jakarta-Bandung High Speed Train (HST) and Light Rail Transit...

French Michelin, South Korean Hankook Eyes Indonesian Tyre Maker Multistrada’s Shares

JAKARTA (TheInsiderStories) - A number of global tyre companies have shown their interest in acquiring Indonesia’s tyre maker, PT Multistrada Arah Sarana Tbk (IDX: MASA),...

Indonesian Gov’t Call Off to Revokes First Media Frequency License

JAKARTA (TheInsiderStories) - Indonesian internet provider, PT First Media Tbk (IDX: KBLV), PT Internux, dan PT Jasnita Telekomindo' 2,3 GHz frequencies revoke was delayed from plan....

Morning Briefing: Bank Indonesia Sees Lower Economic Growth

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia lowering the 2019’s economic growth projection, in accordance with the 7-Day Reverse Repurchase (7-DRR) rate increase...

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...