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Jakarta
Wednesday, June 20, 2018
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...
JAKARTA (TheInsiderStories) - State electricity company PT Perusahaan Listrik Negara (PLN) board is conducting roadshow in a number of world's financial center including London and New York to market its plan US$3 billion bonds issuance. "We are heading to Europe and US to market the bonds on Monday (May...
JAKARTA (TheInsiderStories) - Heads of State and Government of ASEAN member States reaffirmed their commitment that the ASEAN Community Vision 2025 and the United Nations 2030 Agenda for Sustainable Development will be implemented in a mutually-reinforcing manner to build a truly inclusive and people-oriented, people-centered ASEAN Community for the benefit of our...
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)...

Latest article

Japan’s Chiyoda Wins Pre-FEED Contract of INPEX’s Masela Block

JAKARTA (TheInsiderStories) - Consortium Japan's Chiyoda Corp., and local firm PT Synergy Engineering announced has been won a front-end engineering design (Pre-FEED) contract by...

South Korean LS Cable, AG Group Constructs Electric Cable Plant in Indonesia

JAKARTA (TheInsiderStories) - South Korean company LS Cable & System and local conglomeration company Artha Graha Group (AG Group) through its unit PT Artha Metal Sinergi...

Election to Drive Indonesia’s Manufacturing Sectors

JAKARTA (TheInsiderStories)—Industry Minister Airlangga Hartarto on Tuesday (19/08) expressed confidence that the election will drive manufacturing activities that eventually boost economic growth in the third quarter...

Japan’s Tokio Marine Acquires Australian IAG’s Indonesia, Thailand Insurance Firm

JAKARTA (TheInsiderStories) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance...

Japan’s Trade Balance Deficit in May

JAKARTA (TheInsiderStories) - Japan’s trade balance turned out a deficit of JPY578 billion (US$ 5.2 billion) in May on a non-seasonally adjusted basis, a...

Market Update: Asian Markets Continues Weakening

JAKARTA (TheInsiderStories) - Asian stock markets extended losses today dragged of a trade war rebounded and weakening of oil prices. In the local market Indonesian government...