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Jakarta
Tuesday, July 17, 2018
JAKARTA (TheInsiderStories)--Chevron Pacific Indonesia decided to withdraw Makassar Strait block in the Indonesia Deepwater Development (IDD) project due to poor investment return. Upstream Oil and Gas Regulatory Special Task Force Chairman Amien Sunaryadi said on Wednesday (11/07)  the American company had completed a study to continue the contract in Makassar...
JAKARTA (TheInsiderStories)--The Indonesian government has officially signed the contract extension of four oil and gas blocks, with their scheme changes into the gross split from previously cost recovery-based. The government securing investment commitment of US$148,4 million in five years from the deal. The contracts are the oil and gas blocks...
JAKARTA (TheInsiderStories) - Indonesia's Toll Road Regulatory Agency offered six toll road projects with an investment value of Rp124 trillion (US$8.67 billion) to be auctioned gradually in the second half of this year. The projects have length 327 kilometres, said the agency on Tuesday (10/07). The agency' head Herry Trisaputra...
JAKARTA (TheInsiderStories)--The investors of Indonesia's property company PT Bakrieland Development (IDX: ELTY) met with people from the Financial Service Authority (FSA) on Monday (9/7) as an effort to reject the company's reverse stock plan. The subsidiary of Bakrie Group plans to conduct a 10-for-1 reverse stock to restructure Rp500 billion...
JAKARTA (TheInsiderStories) - Indonesia's coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid its Tranche A Principal and coupon with total amount US$114.6 Million Payment, said the company on Wednesday (10/07). That number is equivalent to about 19 percent of the value of tranche A $600 million. This payment is the...
JAKARTA (TheInsiderStories) - On 10 July, the Office of the United States Trade Representative (USTR) announced that President Donald Trump had ordered to begin the process of imposing tariffs of 10 percent on an additional US$200 billion of Chinese imports. The decision of the U.S Administration was in response to China’s decision...
JAKARTA (TheInsiderStories) - Good Morning. The Government of Indonesia announced will revise a number of bilateral trade agreements with partner countries to address trade wars between the United States (U.S) and China, said Finance Minister Sri Mulyani Indrawati onTuesday (10/07). She said, the evaluation also to gain maximum profit from trade agreements...
JAKARTA (TheInsiderStories)--Indonesian government decided not to revise the 2018 state budget although some assumption including rupiah currency against US Dollar and oil price are too far from the realization. Finance Minister Sri Mulyani on Monday (9/7) said the Indonesian government views the posture of the 2018 state budget are quite...
JAKARTA (TheInsiderStories)—The Indonesian government announced eight strategies to counter the trade war, is this effective? The trade war's threat imposed by the United States will eventually affect Indonesia. The US government is evaluating the existence of a generalized system of preference (GSP) given to products from Indonesia. Following a trade deficit with Indonesia, the...
JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a Baa2 long-term foreign currency senior unsecured rating to PT Bank Rakyat Indonesia (IDX: BBRI)proposed US dollar denominated senior unsecured notes. The rating outlook is stable. The notes will have a maturity of five years and will be listed on the Singapore Stock Exchange....

Latest article

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Moody’s Assigns First-time B2 Rating to Sentul City

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Indonesia’s Sarana Menara Allocates US$104M to Buyback 5% Shares

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Indonesia’s Trade Minister to Visits U.S on Trade War Dispute

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