Indonesian firm to build refinery in Nigeria

JAKARTA (TheInsiderStories) - PT Intim Perkasa Nigeria Ltd,a subsidiary of Indonesian oil & coal trading firm PT Intim Perkasa joined with state-owned construction operator PT PP Tbk (IDX: PTPP) interest...

Fin Min: Indonesia’s economic growth is open to strengthen

JAKARTA (TheInsiderStories) - After being awarded investment grade from Standard and Poor’s, investor’s confidence on Indonesian economic prospect is growing. Capital inflow reached Rp122 trillion by end of May this...

Facebook set up local entity in Indonesia

JAKARTA (TheInsiderStories) - United State's social networking giant Facebook Inc., plan to set up local entity in Indonesia to comply the country's regulation. Chairman of Coordinating Investment Board Thomas Lembong...

PLN get loan facilities JPY27 billion, US$142 million from Japan’s bank

JAKARTA (TheInsiderStories) - PT Perusahaan Listrik Negara (PLN), a state-owned power producer signed a loan agreement for buyer's credit up to JPY27 billion and US$142 million with Japan Bank for International Cooperation...

Indonesia mulls expanding foreign ownerships

JAKARTA (TheInsiderStories) - The Indonesian government aiming to revise the negative list of investments to attract more investment enter the country, said one senior official. On May, 2016, government enacted Presidential...

Indonesia Car Sales Rises 5.75% in May

JAKARTA (TheInsiderStories) - Car sales in Indonesia went up 5.75 percent year-on-year (y-o-y) to 93,661 units in May 2017 after rising by 5.68 percent in April, according to Indonesian Automotive Association....

Lion Air orders 50 Boeing 737 for US$6.2 billion

JAKARTA (TheInsiderStories) - Lion Air Group, Indonesian budget airlines and Boeing announced a commitment for 50 737 MAX 10 airplanes at the 2017 Paris Air Show, said the company in...

Mandiri Capital leads investment funding US$500,000 for PrivyID

JAKARTA (TheInsiderStories) - Local venture capital firms, PT Mandiri Capital Indonesia (MCI), PT MDI Ventures (unit of PT Telkom Indonesia Tbk), PT Gunung Sewu and PT Mahanusa Capital give a pre-Series...

The global economy: This time is different – June World Economic Forecast Flash from...

by Chief Economist of IHS Markit Nariman Behravesh and Senior Research Director Sara Johnson  World  Flash The global economy: This time is different After repeated false dawns in the past six years, global...

AIIB funded 13 projects worth US$2.2 billion, Indonesia gets $225 million

JAKARTA (TheInsiderStories) - President Jin Liqun declared that Asian Infrastructure Investment Bank (AIIB) has successfully financed 13 projects with value of US$2.2 billion since the agency established. In the 2nd Annual...

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Debt Issue: Pay More Than Borrow

Indonesian Government pays more for debt, than borrows, in past two years. JAKARTA (TheInsiderStories) - Robert Pakpahan, General Director of Risk and Financing Management at...

Moody’s : GoI – Announcement of economic policy package signals renewed emphasis on reform,...

Anushka Shah, AVP – Analyst, Sovereign Risk Group, Moody's Investors Service Singapore Pte Ltd. On 15 June 2017, Indonesia (Baa3 positive) announced its 15th economic...

Indonesian firm to build refinery in Nigeria

JAKARTA (TheInsiderStories) - PT Intim Perkasa Nigeria Ltd,a subsidiary of Indonesian oil & coal trading firm PT Intim Perkasa joined with state-owned construction operator PT...

Fin Min: Indonesia’s economic growth is open to strengthen

JAKARTA (TheInsiderStories) - After being awarded investment grade from Standard and Poor’s, investor’s confidence on Indonesian economic prospect is growing. Capital inflow reached Rp122 trillion...

Facebook set up local entity in Indonesia

JAKARTA (TheInsiderStories) - United State's social networking giant Facebook Inc., plan to set up local entity in Indonesia to comply the country's regulation. Chairman of...

PLN get loan facilities JPY27 billion, US$142 million from Japan’s bank

JAKARTA (TheInsiderStories) - PT Perusahaan Listrik Negara (PLN), a state-owned power producer signed a loan agreement for buyer's credit up to JPY27 billion and US$142...