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China official PMI shows prices slipping into stagnation once again in May, ending beneficial...

By Brian Jackson, China Economist, IHS Markit Key Points: China's official manufacturing purchasing managers' index (PMI) was unchanged at 51.2 in May, according to a release from the National Bureau...

Integra Indocabinet to raise up to Rp848b via IPO

JAKARTA (TheInsiderStories) – PT Integra Indocabinet Tbk, a furniture producer, aims to raise fresh funds between Rp565-Rp848 billion through selling 35 percent of its shares or 2.69 billion unit...

Lippo reveals plan to develop Rp278T new satelite city Meikarta in West Java

JAKARTA (TheInsiderStories) - Lippo Group on Thursday (May 4) revealed its plan to develop new satellite town in West Java, on the Jakarta-Bandung corridor, with estimated investment of Rp278...

Moody’s changes outlook for Indonesian banking system to positive from stable

Moody's Investors Service has changed its outlook on the Indonesian banking system to positive from stable, reflecting their view that banks will see improvements in their operating environment, asset...

Chinese JD.com in talks to acquire major stake in Tokopedia

JAKARTA (TheInsiderStories) - One of Chinese largest online retailer JD.com Inc.(NASDAQ: JD) is in talks to acquire a major stake in one of Indonesian marketplace operator Tokopedia. Sources indicate JD will invest...

Qatar, Major Issue but Not A Factor

JAKARTA (TheInsiderStories) - The heating of political tension in the Middle East marked by the decision of several Arab countries (Saudi Arabia, the United Arab Emirates/UAE, Bahrain, Egypt) to cut diplomatic...

Bumi Resources Minerals sell Dairi Prima to China Nonferrous

JAKARTA (TheInsiderStories) -Gain and Win Pte. Ltd, an affiliated of PT Bumi Resources Minerals Tbk (IDX: BRMS) sell 51 percent shares of zinc-lead silver mining unit PT Dairi Prima Mineral to...

Indocement to build 2 new cement terminals

JAKARTA (TheInsiderStories) - Cement producer PT Indocement Tunggal Prakarsa plans to build two new cement terminals as a move to support the company's cement distribution across the country. Company...

Perusahaan Gas Negara sets capex US$500 million in 2017

JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million for this year, said a...

Bank Bukopin to launch rights issue

JAKARTA (TheInsiderStories) - PT Bukopin Tbk plans to launch rights issue with maximum limit of 30 percent of the company's total shares, or 2.725 billion unit shares out of...

Latest article

President Widodo’s 3rd Year: Many Targets Met, Others Need to Improve 

JAKARTA (TheInsiderStories) - Joko Widodo has marked his performance as President of Indonesia for the past three years. Many of strategic initiative objectives have been met while...

President Widodo 3rd Year: Economy on Track

JAKARTA (TheInsiderStories) - The economy is doing well and now the government has put in place all the necessary policies to achieve the growth trajectory that...

Bukit Asam, PLN Signs PPA Sumsel 8 Power Plant

Jakarta (TheInsiderStories) – State-owned mining company PT Bukit Asam Tbk (IDX:PTBA) through PT Huadian Bukit Asam Power, a joint venture company with China Huadian...

PwC: Next generation of family business leaders embracing digital change, but facing hurdles

JAKARTA (TheInsiderStories) - Among the next generation of family business leaders, three in four have big plans to take their business forward. However, generational challenges persist,...

Daily Business Briefing – Oct. 20

JAKARTA (TheInsiderStories) - Good morning, here we provide several pieces of important news that might help your business decisions today: Indonesia Central Bank Holds Fast on...

Indonesian Government to Revises Online Transportation Rule

Jakarta (TheInsiderStories) - The Indonesian Government is going to launch new norm on online transportation, which aims to manage the mushrooming of online services...