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Friday, April 20, 2018
Singapore, April 28, 2017 -- Moody's Investors Service has downgraded to B1 from Ba3 the corporate family rating of Lippo Karawaci Tbk (P.T.) and the senior unsecured rating of the bonds issued by Theta Capital Pte. Ltd. -- guaranteed by and a wholly owned subsidiary of Lippo Karawaci. At the same time, Moody's...
BOGOR (TheInsiderStories) - Four state-owned enterprises (SOEs) will offer asset-backed securities with total amount Rp15 trillion in this year, said the minister last week. Power producer PT Perusahaan Listrik Negara (PLN) plan to raise funds with worth Rp10 trillion from the securities instrument, while PT Jasa Marga Tbk (IDX: JSMR)...

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Australian Macmahon Commences Phase 2 of Batu Hijau Mines

JAKARTA (TheInsiderStories) - Australian mining services firm Macmahon Holdings Limited (ASX:MAH) has commenced Phase 2 of the Batu Hijau contact in Indonesia. Batu Hijau copper and...

Indonesian Lender to Raise US$500M from Global Bonds in Q3

JAKARTA (TheInsiderStories) - State-owned lender PT Bank Rakyat Indonesia TbK (IDX: BBRI) will issue US$500 million global bonds in third quarter this year, aims to...

Policy Review: The Bright Future FinTech Business in Indonesia

JAKARTA (TheInsiderStories)—The financial technology (FinTech) players are shaking up the banking sector in Indonesia to provide payment and lending facilities and collaboration between the...

Bank Indonesia Keep Rate Unchanged in April

JAKARTA (TheInsiderStories) - Indonesia’s central bank (BI) decided keep its benchmark interest rate in 4.25 percent on Thursday (19/4), leaving it unchanged since September last year. The...

Freeport Indonesia To Closes Open-pit Mine in 2019

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Italian’s Eni Get Approvals To Develop Merakes Field in Indonesia

(TheInsiderStories) – Italia's Eni announced the approval of the Plan of Development for the Merakes field located in the East Sepinggan PSC in the...