28 C
Jakarta
Thursday, November 15, 2018
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,...
JAKARTA (TheInsiderStories) - PT AKR Corporindo Tbk (IDX:AKRA), a leading fuel and chemical supply chain company, announced its plan on Monday (May 8) to issue Rp1 trillion worth of bonds. The bonds issue is part of the planned Rp2 trillion sustainable bonds to be issued by the company. The company...
JAKARTA (TheInsiderStories) - PT Bank Maybank Indonesia Tbk (IDX: BNII), has aborted the sale of a 68.55 percent equity interest in consumer financing firm PT Wahana Ottomitra Multiartha Tbk (IDX: WOMF). The share sale aborted after certain conditions precedent to the share purchase agreement, which were scheduled to be satisfied...
JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million for this year, said a company official. Portion of the capital expenditure will be obtained from its subsidiary PT Saka Energi Indonesia that has raised...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade mixed today ahead of the weekend. Some investors likely to continue to accumulate selected stocks that are expected to show improved performance this year, while others may refrain from making aggressive moves, awaiting for fresh leads. Reliance Securities said in its notes...
JAKARTA (TheInsiderStories) - The State Owned Enterprise Ministry (SOE) has decided to sack Budi Tjahjono as President Director of Askrindo, after the Corruption Eradication Commission (KPK) declared him as a suspect in a corrupted case. Budi Tjahjono was implicated in a case when he was president director of PT Jasindo, a state...
  Mastercard-CrescentRating Global Muslim Travel Index 2017    Indonesia jumps one spot to gain the third spot behind Malaysia and UAE of the list of OIC and non-OIC markets Japan and Taiwan also saw the biggest improvements in ranking on the overall top 10 list Singapore remains as the only non-OIC destination in...
JAKARTA (TheInsiderStories) - PT Medco Energi Internasional Tbk (IDX: MEDC) filed notice to the Financial Services Authority that it will request shareholders to approve a 4 for 1 stock split at the forthcoming June 16th 2017 Annual General Meeting of Shareholders. The company is also finalizing its proposal to the OJK for the rights issue approved by...
JAKARTA (TheInsiderStories) - PT Indofood Sukses Makmur Tbk (IDX:INDF) is issuing bonds worth Rp2 trillion, the proceeds of which will be used to repay the principal of previous issued bonds, Indofood VI Bonds (Obgliasi Indofood VI), the company announced on Friday (May 5). The offering date is set on May 5-15,...

Latest article

Japan’s Real GDP Drops to 1.2% in the 3Q

JAKARTA (TheInsiderStories) - Japan’s real GDP growth turned negative in the third quarter (3Q). A rebound of economic activity is likely in the fourth quarter but...

ASEAN Agreed on Single Negotiation for South China Sea

JAKARTA (TheInsiderStories) - Today, the 33rd ASEAN Summit has officially started in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s...

Oil Prices Fell Unstoppable, Touches its Three Years Lowest Level

JAKARTA (TheInsiderStories) - Oil prices fell unstoppable on Tuesday (11/13) pressured by fears of weakening global demand and abundant supply. United States (US) oil prices in...

Morning Briefing: ASEAN Leaders Convene in Singapore

JAKARTA (TheInsiderStories) –— Good morning! The 33rd ASEAN Summit has officially started on Tuesday (13/11) in Singapore. ​During the Summit, the ASEAN Leaders are expected to...

Indonesia to Revises Negative Investment List

JAKARTA (TheInsiderStories) - Indonesian Government will revise the negative investment list to attract more investment come to the country. According to Minister of Industry Airlangga...

UOB Singapore, Grab Set Up Digital Services in ASEAN

JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services...