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Jakarta
Wednesday, July 18, 2018
JAKARTA (TheInsiderStories) - Ahead of the registration of presidential and vice presidential candidates on August 4-10, the name continues to emerge and more difficult to predict. Political movements that may be noticed is related to the steps of the government's opposition party that is still looking for the ideal form. On Wednesday...
JAKARTA (TheInsiderStories) - Siam Cement Group (SCG), one of the leading business conglomerates in Southeast Asian become a strategic shareholder in Indonesia's PT Catur Sentosa Tbk Adiprana (IDX: CSAP) via rights issue, said the company on July 16. SCG Retail Holding Company Limited, a subsidiary in business cement-building materials entered CSAP through the capital...
JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a first-time B2 corporate family rating (CFR) to PT Sentul City Tbk (IDX: BKSL). The outlook on the rating is stable. RATINGS RATIONALE "Sentul City's B2 CFR reflects its ownership of a large and low-cost land bank at its Sentul City township, which is well positioned to...
JAKARTA (TheInsiderStories) - Following the United States's (U.S) threatened on Indonesian export, Trade Minister Enggartiasto Lukita said to visit United States (U.S) on July 21-28, to maintain a trade balance between the two countries. In the limited cabinet meeting on July 10, President Joko Widodo has urged his ministers to revise a...
JAKARTA (TheInsiderStories)--Indonesia recorded US$1.74 billion trade surplus in June 2018, Statistics Indonesia reported on Monday (16/07). However, the country still booked US$1.02 billion in the trade deficit from January to June 2018. Export in January to June 2018 reached US$88.02 billion or increase 10.03 per cent (year to year), lower...
JAKARTA (TheInsiderStories) - One of Singapore's coal producer Blackgold Natural Resources Limited's (SSX: 41H) shareholders have accused by Indonesia's anti-graft body on bribery initiative to the member of parliament on one power plant project in Indonesia, said the agency on Sunday (16/07). One day after the hand-catch operation, the agency examined...
JAKARTA (TheInsiderStories)--Indonesia's financial technology (FinTech) peer to peer (P2P) firms had disbursed loans totalling Rp7 trillion (US$486.435 million) by June 2018, FinTech Licensing and Supervision Arrangement Director of Financial Services Authority  (FSA) Hendrikus Passagi said on Friday (13/07). It grew 173.4 per cent from Rp2.56 trillion (US$177.903 million) by the end...
JAKARTA (TheInsiderStories) - Indonesian miner, Nickel Mines Limited (ASX: NIC) launched AUS$200 million's initial public offering (IPO) to fund the acquisition, exploring and developing nickel projects, the company announced on Friday (13/07). The Company offers 571,428,572 shares at an Offer Price of $0.35 per share and is aiming to list...
JAKARTA (TheInsiderStories)--Bank Indonesia estimated economic growth might reach 5.2 per cent in the second quarter this year, said Bank Indonesia’s governor Perry Warjiyo on Friday (13/07). "We initially estimated 5.2 per cent, we still count the possibilities a little lower," he added, as quoted by CNBC Indonesia. Bank Indonesia estimate is...
JAKARTA (TheInsiderStories)--The state-owned mining company PT Indonesia Asahan Aluminium (Inalum) has received US$5.2 billion loan offers from 11 local and foreign banks to increase the company stake in PT Freeport Indonesia to 51 per cent, said the President Director Budi Gunadi Sadikin on Thursday (12/07). Inalum will not take all...

Latest article

Indonesia’s Nippon Indosari to Buy Back 10% Stake

JAKARTA (TheInsiderStories)--Indonesia’s leading bread maker PT Nippon Indosari Corpindo Tbk (IDX: ROTI) plans to buy back 10 per cent of the public stake or equivalent...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Indonesia’s IIGF Offers Four Projects worth US$332M

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Critics Say too Early to Claim Victory in Freeport Negotiation

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Political Review: Subianto to Alliances With SBY in 2019 Presidential Election?

JAKARTA (TheInsiderStories) - Ahead of the registration of presidential and vice presidential candidates on August 4-10, the name continues to emerge and more difficult to predict....

Morning Briefing: Prabowo Bags Presidential Candidates from Three Parties, Widodo Pocketed VP Names

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