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Tuesday, November 20, 2018
JAKARTA (TheInsiderStories) - Indonesian cellular operator, PT Indosat Ooredoo Tbk (IDX: ISAT) has elected its new Board of Directors and Commissioners, in extraordinary general meeting of shareholders held Wednesday (16/10). Chris Kanter, was appointed as President Director. Who is this man? Kanter was previously Indosat Ooredoo Commissioner for 8 years. He is a...
JAKARTA (TheInsiderStories) - The country' port operator, PT Pelabuhan Indonesia (Pelindo) III shareholders meeting at the State Owned (SOEs) ministry established Doso Agung as the new chief executive of the company. He replacing I Gusti Ngurah Ashkara Danadiputra positioned who had been appointed as a CEO of PT Garuda Indonesia Tbk (IDX:...
JAKARTA (TheInsiderStories) -  State owned Enterprise (SOEs) Ministry has appointed Arief Budiman as a new chief executive of PT Danareksa on Thursday (13/09). He replaces Heru Adhiningrat who had been leads the state-owned financial services firm for nine years. The former Finance Director of energy producer PT Pertamina Arief Budiman has resigned today...
JAKARTA (TheInsiderStories) - Indonesian Government through State Owned Enterprises (SOEs) has shaken up again the management of Energy producer PT Pertamina through the extraordinary shareholders meeting held today (13/09) at the ministry office. According to our reliable sources close to the company, Finance Director of Pertamina Arief Budiman has sent his...
Cengkareng (TheInsiderStories) - Government has picked I Gusti Ngurah Askhara Danadiputra  as a new chief executive of PT Garuda Indonesia Tbk (IDX: GIAA), replacing Pahala N. Mansury who served since April 2017. State-owned Enterprises Minister Rini Soemarno explained, the reason for the removal of Merit inseparable from factors of each individual...
JAKARTA (TheInsiderStories) - Shareholders of PT Perusahaan Gas Negara Tbk (IDX: PGAS) has appointed Gigih Prakoso, an Investment and Risk Management of state-owned energy producer PT Pertamina, as a new president director, said the company on Monday (10/09). He replaced the former president Jobi Triananda. Fajar Harry Sampurno,  deputy of Strategic...
JAKARTA (TheInsiderStories) - The puzzle over the chairman of Joko Widodo - Maruf Amin campaign team has been answered. Vice Presidential candidate Amin confirmed that Erick Thohir, a businessman has picked to lead of the his and Widodo campaign team. The chairman of National Campaign Team of Widodo-Amain are scheduled for at least...
JAKARTA (TheInsiderStories) – Chevron IndoAsia Business Unit (IBU) named Kevin Lyon as a Managing Director, effective Oct. 1, 2018, said the company on August 29. Lyon, 52, succeeds Chuck Taylor who will retire from Chevron in early 2019 after 38 years of distinguished service to pursue other opportunities. Lyon will oversee...
JAKARTA (TheInsiderStories) - Ahead of 2019's Indonesia presidential, two candidates of presidents have openly show their interest to run for the chair. Joko Widodo, the incumbent and the leading figures of the former rival in 2014's president election Prabowo Subianto has declared their candidacy. Out of the two candidates, at least...
JAKARTA (TheInsiderStories) - Global alternative asset manager Carlyle Group LP (NASDAQ: CG) has hired Robby Winarta, a former Credit Suisse Group AG’s Indonesia investment-banking head, as Managing Director in Asia aims to step up its activities in Southeast Asia. Winarta, who has almost two decades of experiences in investment banking in Indonesia will be...

Latest article

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...

Indonesia’s Investment Coordinating Board Appoints Four New Deputy

JAKARTA (TheInsiderStories) - Head of the Investment Coordinating Board Thomas Trikasih Lembong appointed four new deputy at his agency on Monday (19/11). The four new...

Indonesia’s Pelindo I Gets Financing US$From Three Banks Rp 1.3 Trilion

JAKARTA (TheInsiderStories) - PT Pelabuhan Indonesia I also known Pelindo I, signed financing agreement worth of Rp1.3 trillion (US$88.43 million) from three state-owned enterprises...

Japan’s Trade Balance Turns to Deficit in October

JAKARTA (TheInsiderStories) - Japan’s trade balance turned to a deficit of JPY449 billion (US$4billion) in October on a non-seasonally adjusted basis, largely reflecting a surge in...

Moody’s: Asia Pacific Emerging Market Credit Conditions Broadly Stable in 2019

JAKARTA (TheInsiderStories) - Credit conditions for emerging markets in 2019 will probably be more challenging as global growth slows, financial market volatility continues, interest rates rise and...

Indonesia Allows Foreign Investor Have 100% in 54 Sectors

JAKARTA (TheInsiderStories) — Indonesia expanded the negative investment list to attract more investment coming, said one official on Friday (16/11). The government will allowed foreign investor...