28.5 C
Jakarta
Tuesday, July 24, 2018
Home Investor Corner

Investor Corner

JAKARTA (TheInsiderStories) - The largest oil & gas producer in Indonesia PT Pertamina stated to reduce some of its financial burden will renegotiate the cooperation with Saudi Aramco and Russian Rosneft to develop two major refinery projects in Indonesia, said one senior official. Both projects are located in East Java. Pertamina...
JAKARTA (TheInsiderStories) - Local Government of East Java through The Surabaya-Madura Regional Development Board (BPWS) offered new projects worth Rp53.1 trillion (US$4 billion) to investors, an official said on Monday (31/7). The projects located in Surabaya Madura (Suramadu) Bridge areas and Madura Special Region. One of the projects which offered...
JAKARTA (TheInsiderStories) - President Joko Widodo is indeed focusing on developing infrastructure in all sectors, the main capital for achieving the economic growth of minimum 7 percent, then Indonesia could reach the so-called established country status by 2025, leaving current status as the emerging country. Indonesia's economy grew by 5.18 percent in...
JAKARTA (TheInsiderStories) - The Government of Indonesia give legal certainty on upstream oil and gas business by issuing President Decree (PP) No.27/2017. President Joko Widodo has signed Government Regulation (PP) No. 27 of 2017 on Amendment to Government Regulation Number 79 of 2010 on Restricted Operating Cost and Treatment of Income Tax...
JAKARTA (TheInsiderStories) - The investors' appetite to invest in the Special Economic Zones (SEZ) is high as it reached Rp221 trillion (US$16.62 billion) in the first half (H1) of 2017, said deputy for the Acceleration of Infrastructure and Regional Development of the Coordinating Ministry for Economic Affairs Wahyu Utomo. Almost 73 percent of...

Latest article

Indonesia, Malaysia Cooperate Against Palm Oil Negative Campaign

JAKARTA (TheInsiderStories)--Indonesia's Foreign Minister Retno Marsudi and Malaysia's Foreign Minister Saifuddin Abdullah agreed to cooperate to fight the negative campaign against the palm oil industry. Marsudi...

South Korean Kookmin Bought Bukopin’s Shares for US$108M

JAKARTA (TheInsiderStories) - South Korean bank, KB Kookmin Bank to buy 22 percent shares of Indonesian lender PT Bank Bukopin Tbk (IDX: BBKP) for...

China Targets Indonesian Steel in Anti-Dumping Probe

JAKARTA (TheInsiderStories)--Chinese's Ministry of Commerce on Monday launched the anti-dumping probe into stainless steel billet and hot-rolled stainless steel worth US$1.3 billion from European...

Politic Update: Is the Strongest Candidate VP’s Widodo Mahfud MD?

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo will announce his vice president (VP) candidate for 2019's general election two weeks ahead, said the leaders...

Bank Indonesia Issues BI Certificate to Boost Capital Inflow

JAKARTA (TheInsiderStories)--Indonesia's central bank issues 9-month and 12-month Bank Indonesia (BI) certificate on Monday (23/07) to boost capital inflow. Head of BI Monetary Management Department...

IMF Calls G20 to Addresses Global Trade Disputes

JAKARTA (TheInsiderStories) - International Monetary Fund Director Christine Lagarde encouraged policy makers to address trade disputes in a "cooperative spirit" to minimize dampening global growth. She...