Monday, August 21, 2017

Indonesia offers $28b worth of projects to China at Belt & Road Forum

 JAKARTA (TheInsiderStories) – The Indonesian government has proposed US$28 billion worth of infrastructure projects during to China during the recent Belt & Road Forum (BRF), National Development Planning Minister...

Adhi Karya issuing Rp3.5t bonds to fund LRT, as govt preparing investment guarantee

JAKARTA (TheInsiderStories) – State-owned construction company PT Adhi Karya Tbk (IDX:ADHI) announced its plan on Wednesday to issue bonds worth Rp3.5 trillion to partly funds the light rapid transport...

Investor ready to invest US$1 billion in Sei Mangkei and Mandalika

JAKARTA (TheInsiderStories) - A number of investors are ready to invest US$1 billion in two Special Economic Zone (SEZ) in Sei Mangkei, North Sumatra and Mandalika, West Nusa Tenggara. The...

Indonesia trade surplus widens slightly in April to US$1.25 billion

JAKARTA (TheInsiderStories.com) - Indonesia recorded exports of US$13.17 billion in April 2017, declined 10.30 percent from previous month, but rose 12.63 percent from the same month last year. Imports...

Indonesia records surplus US$4.5 Billion in balance of payment

​​​JAKARTA (TheInsiderStories) - Indonesia’s balance of payments surplus continued in first quarter (Q1) of 2017 as a result of large capital and financial surplus that outpaced current account deficit....

Indonesia’s GDP grows by 5.01% in Q1 2017

JAKARTA (TheInsiderStories)  -​Indonesia's Gross Domestic Product (GDP) growth in the first quarter of 2017 reached 5.01 percent, higher compared to the same period last year which grew by 4.92...

Indonesia records inflation of 0.09% in April

JAKARTA (TheInsiderStories) - Indonesia recorded slight increase of Consumer Price Index (CPI) in April 2017 by 0.09 percent month-to-month (mtm), driven by the decreasing price of staple foods which...

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Freeport Indonesia loses $3m due to ex-workers strike

JAKARTA (TheInsiderStories) - Freeport McMoran Inc unit in Indonesia estimates losses reached $3 million after hundreds of former workers damage company's assets over unemployment...

Garuda Indonesia Targets Become Integrated Airlines Services

Jakarta (TheInsiderStories) - PT Garuda Indonesia Tbk (IDX: GIAA), a state-owned flight carriers is ready to become Garuda targets to be an integrated airline...

Fitch: Indonesia Regulation to Benefit Bond Issuers in Long Term

JAKARTA (TheInsiderStories) - Fitch Ratings believes that the Indonesian authorities' recent initiatives to cut borrowing costs and support economic growth will not have immediate...

Govt Proposes $30b Infrastructure Spending in 2018. For What?

JAKARTA (TheInsiderStories) - The Indonesian Government proposed Rp409 trillion or $30.3 billion for infrastructure spending next year to the legislative. Why should the government...

Moody’s assigns definitive B2 rating to Medco; outlook stable

Singapore -- Moody's Investors Service has assigned a definitive B2 corporate family rating (CFR) to Medco Energi Internasional Tbk (P.T.) (Medco). At the same time, Moody's has...

Alibaba Invests $1.1b to lead Tokopedia Become Unicorn After Go-Jek

JAKARTA (TheInsiderStories) - China's e-commerce player, Alibaba Group Holding Ltd. continues to expand its business in Southeast Asia region with poured $1.1 billion investment...
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