26 C
Jakarta
Wednesday, November 14, 2018
JAKARTA (TheInsiderStories) - After Indonesian Lion Air JT 610 crashed, Boeing (NYSE: BA), an American multinational corporation, issued an Operations Manual Bulletin (OMB) for operators of 737 MAX jet, said the company in written statement yesterday (06/11). The Indonesian National Transportation Safety Committee (NTSC) has indicated that Lion Air flight 610...
JAKARTA (TheInsiderStories) — Indonesia’s fugitive Islamic Defender Front (FPI) group leader, Muhammad Rizieq Shihab was detained by Saudi Arabian authority, for showing allegedly terrorism symbol. He was then released after more than 24 hours detainment. Shihab was detained due to a citizen’s report, mentioning that he displayed black flag allegedly...
JAKARTA (TheInsiderStories) — Indonesian Energy and Mineral Resources (EMR) Ministry opened third stage auction for oil and gas working operations, said the ministry yesterday (06/11). Four blocks offered are South Andaman, Anambas, South Sakakemang, and Maratua. In this auction, investors can access data about the blocks for free. Investors must pay...
JAKARTA (TheInsiderStories) - Indonesia will produce the electric motorbikes with brand Gesits (Garansindo Electric Scooter ITS) starting 2019. Gesits is the result of a collaboration between local automotive company Garansindo Group and the Ten November Institute of Technology in Surabaya. The electric motorbikes has been prepared since two years ago. In addition...
JAKARTA (TheInsiderStories) -In the midst of chaotic disbursement of insurance claims, PT AJB Bumiputera 1912 picked four the new management Sutikno Sjarif, Yusuf Budi Baik, Sri Rahayu and Dena Chaerudin, said the company in the written statement received by TheInsiderStories.  Financial Services Authority (FSA) executive head of Non-Bank Financial Industry Supervisory Riswinandi...
JAKARTA (TheInsiderStories) - Indonesian Government will accelerating the Jakarta Mass Rapid Transit (MRT) phase 2 construction from Hotel Indonesia roundabout in Central Jakarta to Ancol in North Jakarta, Balaraja in Tangerang, and Cikarang in Bekasi, West Java, said one senior official. Transportation Minister Budi Karya Sumadi said on Tuesday (06/11), the developing...
JAKARTA (TheInsiderStories) - The outlook for sovereign creditworthiness in 2019 is stable, balancing the global economy's continued, but slowing growth momentum against rising uncertainty over longer-term economic and financial stability, Moody's Investors Service said in a report on Tuesday (06/11). Although a number of risks could affect credit conditions over the next 12...
JAKARTA (TheInsiderStories) — Good morning! Indonesian Rupiah gained strength this week, as the central bank effort to maintain the local exchange rate. While, the Jakarta Composite Index also puffed with good sentiments and closed in green territory at 5,923.93. Several key data released this week. Bank of Indonesia (BI) has...
JAKARTA (TheInsiderStories) — Global miner Freeport-McMoran Gold & Copper Inc., (NYSE: FCX) recorded ripping financial growth in the third quarter (3Q) of 2018, amid its unsettled divestment over PT Freeport Indonesia (PTFI). Its revenues increased by 31.5 percent to US$14.94 billion compared to a year ago. One of the biggest...
JAKARTA (TheInsiderStories)- Bank Indonesia's Consumer Confidence Index (CCI) dropped to 119.2 in October compared to to the previous month at 122.4 due the people is more pessimistic on the economic growth. This is reflected in the current Economic Condition Index which dropped to 106.2. The lowering in CCI occurred in all groups of...

Latest article

Indonesia to Revises Negative Investment List

JAKARTA (TheInsiderStories) - Indonesian Government will revise the negative investment list to attract more investment come to the country. According to Minister of Industry Airlangga...

UOB Singapore, Grab Set Up Digital Services in ASEAN

JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services...

Indonesia’s GO-JEK Partnering with DBS to Enter Singapore’s Market

JAKARTA (TheInsiderStories) -- GO-JEK, an Indonesian ride-hailing provider joined forced with DBS Bank to enter Singapore' market. The two companies will work together on payment...

ASEAN Remains an Investment Destination

JAKARTA (TheInsiderStories – Association of Southeast Asian Nations (ASEAN) has shown that it remains an investment destination of choice for the investors. In 2017, Foreign Direct...

Indonesia’s Sarana Multi Infrastruktur to Issue Rupiah Bond US$56M

JAKARTA (TheInsiderStories) - PT Sarana Multi Infrastruktur (SMI), a state-owned infrastructure funding company, will issue Rp828.5 billion (US$56.36 million) bond, according to Indonesian Central Securities...

Semen Indonesia Acquires 80% Holcim Shares for US$917B

JAKARTA (TheInsiderStories) - PT Semen Indonesia Tbk (IDX: SMGR) has signed the Conditional Sales Purchase Agreement to acquire 6.18 million or representing 80.6 percent...