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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: UN: 3% of The World Economy to Grow in 2018 and 2019 The world economy is expected to remain stable at three percent in 2018 and 2019 after recording an impressive growth rate of three...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: FSA Revokes Licenses of 8 Rural Banks Financial Services Authority announced on Wednesday (13/12) that it has revoked the licenses of eight rural banks BPR, namely BPR Eraska Makmur (Jakara), BPR Bina Harta (Semarang), BPR...
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: Jasa Marga to Build Two More Tollroads Next Year PT Jasa Marga Tbk (IDX:JSMR), a state-controlled toll road operator, will develop two more toll road sections next year after winning government bid, namely Probolinggo-Banyuwangi in...
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) - On May 19, 2017, we raised the sovereign credit rating on Indonesia to 'BBB-/A-3' from 'BB+/B' with a stable outlook. • As a result, we are raising the corporate credit ratings on seven Indonesian companies. • At the same time, the ratings on two state-owned Indonesian companies remain...
JAKARTA (TheInsiderStories) - Trinugraha Capital & Co, a investors’ consortium led by TPG Capital, Northstar Equity Partners and Trinugraha Capital SA reportedly intends to sell its ownership of shares in financing firm PT BFI Finance Indonesia (IDX: BFIN). Trinugraha Capital happens to be a financial company established in Luxemburg. Source stated the shareholders...
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) - Lippo Group on Thursday (May 4) revealed its plan to develop new satellite town in West Java, on the Jakarta-Bandung corridor, with estimated investment of Rp278 trillion. The new satellite town will be called Meikarta. Meikarta satellite town will be developed on 22,000,000 square meters of land....

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...