Sunday, October 22, 2017

Indonesia govt finally files lawsuit against PTTEP Thailand over Montara oil leak

JAKARTA (TheInsiderStories) - The Indonesian government has filed a Rp 27.4 trillion compensation lawsuit at the Central Jakarta District Court over the explosion tragedy at the Montara oil and...

IMF: Asia-Pasific growth to rise by 5.5% in 2017, driver in global growth

  JAKARTA (TheInsiderStories) -The Asia and Pacific region continues to deliver strong growth, in the face of widespread concerns about growing protectionism, a rapidly aging society, and slow productivity growth,...

Djarot, to be acting Jakarta governor after Basuki sentenced to 2 years in jail...

JAKARTA (TheInsiderStories) – The Panel of Judges at the North Jakarta District Court has sentenced Jakarta Governor Basuki T. Purnama two years in jail over alleged blasphemy case. Following the...

The Insider Stories Morning Notes – JCI likely to strengthen on positive economic data

JAKARTA (TheInsiderStories) – Indonesian shares are expected to trade higher today, extending yesterday’s gains, on positive economic data, including steady economic growth in the first quarter and higher foreign...

Indonesia’s beverages industry records negative growth in Q1

JAKARTA TheInsiderStories) -The Indonesian Association of Beverages Industry (ASRIM) revealed that the beverage industry experienced negative growth in the first quarter of 2017 because the weakening of consumers' purchasing power. Based...

Indonesia forex reserves increase in April to $123.2B

JAKARTA (TheInsiderStories) - Indonesia’s official foreign exchange reserves have increased to US$123.2 billion in April 2017, from previous month of US$121.8 billion, partly driven by improved external trade, the central bank,...

Astra International unit raises stakes in Cipali toll road to 45%

JAKARTA (TheInsiderStories) - PT Astratel Nusantara, a subsidiary of PT Astra International Tbk (IDX: ASII), has increased its share ownership in the Cikopo-Palimanan (Cipali) toll road to 45 percent, strengthening...

Vietnam’s Tiger Economy Still an Emerging Markets Star

Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: The Vietnamese economy remains one of the world’s brightest emerging market stars, as rapid industrialization continues to transform the economy Vietnam’s...

Mandiri to issue zero coupon bonds

JAKARTA (TheInsiderStories) - PT Bank Mandiri Tbk (IDX:BMRI) announced its plan to issue bonds, consisting of coupon bond and zero coupon bonds as part of its Sustainable Bond I...

The Insider Stories Morning Notes – JCI expected to strengthen on stable economic growth

JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today driven by ongoing capital inflow as well as stable economic growth. As revealed by the Central Bureau of...

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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...