25 C
Jakarta
Thursday, December 14, 2017
JAKARTA (TheInsiderStories) - Indonesia’s official foreign exchange reserves have declined slightly to US$125.97 billion in November from $126.55 billion in October, Bank Indonesia said. “The foreign exchange reserves in November are enough to fund 8.4 months of imports, which is higher than international standards of 3 months,” the central bank...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Lippo to hold rights issue in Q1 2018 Property developer PT Lippo Karawaci plans to hold a rights issue next year to raise Rp 600 billion (US$44.34 million) to strengthen its capital reserves and support...
JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Consumer Confidence Rose up on November Bank Indonesia consumer survey has indicated that consumer optimism in November 2017 has increased, as shown by the Consumer Confidence Index that reached 122.1 points, higher than in...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Sentul City, Sumitomo Corp Set Up Property JV firm Property company PT Sentul City Tbk (IDX:BKSL) has signed an agreement with Sumitomo Corporation of Japan to set up a joint venture company called, PT...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Government to Acquire Rio Tinto’s Share in Freeport Indonesia plans to acquire Rio Tinto's 40 per cent interest in the giant Grasberg copper mine operated by the local unit of Freeport-McMoRan, its mining minister...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: President Officiates Soreang-Pasir Koja Toll Road in West Java President Joko Widodo on Monday (4/11) inaugurated the operation of Soreang-Pasir Kota toll road in West Java, which is expected to help connectivity in the area....
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Google Pays Taxes Owed to Indonesia in Full Global technology giant Google has paid back taxes it owed to the Indonesian government since 2015 in full on Thursday (29/11), marking a new milestone in the country's efforts to...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: OPEC, Russia Oill Supply Cuts Delayed to June 2018 Six ministers from OPEC and non-OPEC oil producers including Saudi Arabia and Russia meet in Vienna on Wed. 29 to review recommendations by their delegates. On Tuesday,...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: FSA to issue new fintech regulation in March The Financial Services Authority (FSA) aims to issue a regulation on financial technology (fintech) businesses by March next year amid robust development of the industry, OJK deputy...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Ngurah Rai Airport Still Closed, 445 Flights Canceled  PT AirNav Indonesia announced Ngurah Rai International Airport shutdown extended until Wed. 29 at 07.00 AM local time. As much 445 flights have been canceled due to the eruption...

Latest article

ECB, BI Keep Benchmark Rates, Signals Hold in Coming Months

JAKARTA (TheInsiderStories) - European Central Bank (ECB) and Bank Indonesia (BI) holds its benchmark rates at the current level to provide more stimulus for the company,...

The Fed Rates Hike 0.25%, Signals Three More in 2018

JAKARTA (TheInsiderStories) - U.S's Federal Reserves raising the interest rates by a quarter point to 1.5% for the third time this year and foresees three additional...

Industry Review: Indonesia Catching Up with Renewable Energy Development

JAKARTA (TheInsiderStories) - Indonesia has so far been moving at a snail’s growth in the development of renewable energy, for various reasons. However, this...

Hary Tanoe Requests IDX to Halt MNCN Stocks Trading

JAKARTA (TheInsiderStories) - Indonesian conglomerate, who is also the chairman of MNC Group Hary Tanoesoedibjo, has submitted a request to the Indonesian Stock Exchange...

World Bank Sees Indonesia GDP to Accelerate by 5.3% in 2018

JAKARTA (TheInsiderStories) - Indonesia economy continued to expand at a solid pace during the third quarter of 2017 helped by commodity tailwinds and stronger...

Golkar Support to Government Unchanged as Hartarto Takes Party Helm

JAKARTA (TheInsiderStories) - Indonesia's second largest political party, Golkar announced that the party's plenary meeting on Wednesday night (13/12) has agreed to appoint the...