Sunday, October 22, 2017

Indonesia Car Sales Drops 27.45 Percent in June

JAKARTA (TheInsiderStories) - Car sales in Indonesia dropped 27.45 percent year on year (y-o-y) to 66,370 units in June 2017 following an upwardly revised 6.2 percent increase in May, according to...

Taiwan’s Kenda Rubber set up plant in Indonesia

JAKARTA (TheInsiderStories) - Kenda Rubber Industrial Co., Ltd., one of the two major tire makers in Taiwan, through its unit PT Kenda Rubber Indonesia has set up a plant, located in Serang...

Indonesian Banks Urges to Go Digital

JAKARTA (TheInsiderStories) - Indonesian Banks Association is gearing up to face the challenge in digitalization and modernization of banking service as the increasing of transformation in technology and to...

Waskita offering 17 toll roads to investors to raise funds

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT), state-owned construction firm, is offering stakes in its 17 toll roads to investors in order to raise fresh funds to build...

UAE committed to invest up to US$5 billion in Indonesia

JAKARTA (TheInsiderStories) - The United Arab Emirates (UAE) is interested to invest up to US$5 billion in energy, infrastructure and agriculture sectors in Indonesia, showing growing interest of this Arab...

Christine Lagarde: A Time to Repair the Roof

JAKARTA (TheInsiderStories) - The head of the International Monetary Fund (IMF) Christine Lagarde, said on Thursday (5/10) that "the long-awaited global recovery is taking root" and that three-quarters of the globe...

PLN board conducting roadshow to market US$3b global bonds

JAKARTA (TheInsiderStories) - State electricity company PT Perusahaan Listrik Negara (PLN) board is conducting roadshow in a number of world's financial center including London and New York to market...

Local Governments To Showcase New Tourism Destinations

JAKARTA (TheInsiderStories) - Local government keep innovating to create new international-scale tourism sites in their regions, to boost number of people visiting Indonesia. Indeed, Indonesia needs more than such...

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...

Japan’s trade balance turns to deficit in May; surplus likely to maintain over near...

By Harumi Taguchi, Principal Economist, IHS Markit  Key Points: Ÿ   Japan’s trade balance turned to a deficit of JPY203 billion (USD1.8 billion) on a non-seasonally adjusted basis in May, but the...

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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...