Saturday, August 19, 2017

National infrastructure bank establishment hampered by limited funds

BADUNG (TheInsiderStories) - The Indonesian government's plan to establish a national infrastructure bank to finance infrastructure programs is still constrained by the limited funds of the government. The plan...

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...

Trafoindo to raise up to Rp480b through IPO

JAKARTA (TheInsiderStories) - PT Trafoindo Prima Perkasa aims to raise between Rp384.5-Rp480 billion from initial public offering (IPO). In a public presentation on Monday, the company disclosed that it...

Indofood issues Rp2 trillion bonds

JAKARTA (TheInsiderStories) - PT Indofood Sukses Makmur Tbk (IDX:INDF) announced on Tuesday (May 23) of its plan to issue fixed-rate five year bonds worth Rp2 trillion, called Indofood Sukses Makmur...

Toll road regulator BPJT offers two projects with availability payment scheme

JAKARTA (TheInsiderStories) - Toll Road Regulatory Agency (BPJT) plans to auction two toll road projects to investors, as a move to improve connectivity in the country. The two toll roads are...

Japan’s trade surplus narrows in April; correction of yen weakening to weigh on surplus...

By Harumi Taguchi, Principal Economist, IHS Markit Key Points: Ÿ   Japan’s trade surplus for April decreased by 40.6% year on year (y/y) to JPY481 billion (USD4.3 billion) on a non-seasonally adjusted...

OCBC NISP will start private banking in Indonesia

JAKARTA (TheInsiderStories) - Indonesia publicly listed lender, PT Bank OCBC NISP Tbk (IDX: NISP), unit of Singapore's Oversea-Chinese Banking Corporation (OCBC) will start a private banking unit. The announce came after the...

Moody’s assigns first-time Ba3 ratings to Agung Podomoro Land; outlook stable

Singapore, May 22, 2017 -- Moody's Investors Service has assigned a first-time Ba3 corporate family rating to Agung Podomoro Land Tbk (P.T.) (APL). At the same time, Moody's has assigned a Ba3...

The Insider Stories Morning Note – JCI expected to go up on rating improvement

JAKARTA (TheInsiderStories) – Indonesian shares are expected to trade higher today, boosted by the Standard & Poo’rs decision to improve Indonesia’s rating late last week to investment grade. The Jakarta...

S&P: Ratings Raised On Seven Indonesian Companies After Similar Action On The Sovereign Primary...

JAKARTA (TheInsiderStories) - On May 19, 2017, we raised the sovereign credit rating on Indonesia to 'BBB-/A-3' from 'BB+/B' with a stable outlook. • As a result, we are raising...

Latest article

Fitch: Indonesia Regulation to Benefit Bond Issuers in Long Term

JAKARTA (TheInsiderStories) - Fitch Ratings believes that the Indonesian authorities' recent initiatives to cut borrowing costs and support economic growth will not have immediate...

Govt Proposes $30b Infrastructure Spending in 2018. For What?

JAKARTA (TheInsiderStories) - The Indonesian Government proposed Rp409 trillion or $30.3 billion for infrastructure spending next year to the legislative. Why should the government...

Moody’s assigns definitive B2 rating to Medco; outlook stable

Singapore -- Moody's Investors Service has assigned a definitive B2 corporate family rating (CFR) to Medco Energi Internasional Tbk (P.T.) (Medco). At the same time, Moody's has...

Alibaba Invests $1.1b to lead Tokopedia Become Unicorn After Go-Jek

JAKARTA (TheInsiderStories) - China's e-commerce player, Alibaba Group Holding Ltd. continues to expand its business in Southeast Asia region with poured $1.1 billion investment...

Indonesia State Budget Realistically Leads To Conservatives

JAKARTA (TheInsiderStories) - The The Indonesian government is optimistic that economic growth in 2018 could be in the range of 5.4 percent, said President...

Pertamina Net Income Shrunks to US$1.4 billion Amid Stagnant Oil Price

JAKARTA (TheInsiderStories) - The largest energy provider in Indonesia, PT Pertamina's profit shrunk 24 percent to US$ 1.4 billion in the first half (1H) of...
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.