Thursday, November 23, 2017

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...

Pertamina targets to maintain net profit in the range of US$3 billion in 2017

JAKARTA (TheInsiderStories) - National oil company, PT Pertamina targeting this year's net profit to exceed US$3 billion by making $1 billion of efficiency and business expansion, said the company on Wednesday....

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 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...

BKPM expects US$10b investment after S&P ugrade, Manado grabs $400m in investment

JAKARTA (TheInsiderStories) - Chairman of the Investment Coordinating Board Thomas Lembong expects up to $10 billion investment in Indonesia in the next two years after ratings agency Standard & Poor’s upgraded...

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...

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....

Latest article

Political Review: Maintaining Investment Lust amid a Potentially Politically Volatile 2018

JAKARTA (TheInsiderStories) - Political volatility within the next two years is unlikely to disrupt the Indonesian economy. Such optimism was shared by a number of government...

President Expected to Appoint New Tax Director General Soon, Pakpahan Front Runner

JAKARTA (TheInsiderStories) - President Joko Widodo is expected to announce soon new Director General for Taxation replacing Ken Dwijugiasteadi, whose term will end on...

Bank Indonesia to Issue Regulation on Financing to Funding Ratio

JAKARTA (TheInsiderStories) – Bank Indonesia, the country’s central bank, is finalizing regulations on the Financing to Funding Ratio (FFR), focusing on the ceiling and upper limits...

State-Owned Mining Holding Firm to Build Smelter Soon

JAKARTA (TheInsiderStories) - Indonesia has finally embarked on the complex process to merge four state-owned mining companies under one giant holding company, a move that will pave...

Daily Business Briefs – Nov 23

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...

Political Review: Winning in Just Four Provinces Key to 2019 Presidential Election

JAKARTA (TheInsiderStories) – While the Indonesian Presidential Election is still two years away, political observers are saying that political parties are likely to engage...