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Jakarta
Wednesday, July 18, 2018
JAKARTA (TheInsiderStories)— The Indonesian government plans to launch an integrated licensing policy or online single submission (OSS) on May 20, 2018, but it must be followed by a push to simplify regulation and provide more fiscal incentives to attract investment. The government is still preparing the launching of single submission...

Can the Rupiah Hang On? 

JAKARTA (TheInsiderStories) - The Indonesian currency continued to suffer weakness on Tuesday (3/10) after slipping to a 10-month low against the US dollar last September. Even 30Rates monitor forecasts the Rupiah to move in a range of Rp 13,500 to Rp 14,000 against U.S dollar in this month. According to Bloomberg, the rally of the...
Singapore, August 03, 2017 -- Moody's Investors Service has upgraded the corporate family rating (CFR) of Chandra Asri Petrochemical Tbk (P.T.) to Ba3 from B1. The outlook on the ratings is stable. RATINGS RATIONALE "The upgrade of Chandra Asri's CFR to Ba3 reflects the large and sustainable improvement in its margins, cash flow generation, financial leverage...
JAKARTA (TheInsiderStories) - European Central Bank (ECB) and Bank Indonesia (BI) holds its benchmark rates at the current level to provide more stimulus for the company, said the central banks on Dec. 14. The Banks also give signals to hold its key rates in the coming months ECB's President Mario Draghi said,...
JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (BNLI) plans to sell its non-performing loans (NPL) at the value of Rp1 trillion-Rp1.5 trillion as a way to improve its financial performance this year. One specific NPL that will be sold is the Rp1.2 trillion credit to PT Garansindo, a brand holding sole agent...
JAKARTA (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX:WSKT) has announced that the rights issue and divestment of PT Waskita Toll road (WTR) has been cancelled and is expected to be executed in the first half of next year. Corporate Secretary of Waskita Karya Shastia Hadiarti in the...
JAKARTA (TheInsiderStories) -  The arrival of Indian Prime Minister Narendra Modi to Indonesia is an important miles for the country amid the fastest developing of the global situation especially in South China Sea. Since Indonesia is not a part of the Quadrilateral Security Dialogue, India need a commitment from the...
JAKARTA (TheInsiderStories) – Bank Indonesia, the country's central bank, maintained its key interest rate steady on Thursday (18/01) and pledged to speed up plans to ease reserve limits for lenders to give them more liquidity. The central bank's board of governors decided to hold the bank's seven-day reverse repurchase rate at...
JAKARTA (TheInsiderStories) - State-owned toll road operator PT Jasa Marga (Persero) Tbk (IDX: JSMR) is gearing up to raise funds from the capital market by issuing bonds, the proceeds of which will be used to fund its toll road projects. President Director of Jasa Marga Desy Arriyani stated the company...
JAKARTA (TheInsiderStories) - Indonesia`s foreign exchange reserves rose by US$1.7 billion to US$131.9 billion as of late January 2018 from US$130.2 billion a month earlier, according to Bank Indonesia. The increase resulted from tax and foreign exchange receipts from the government`s share of oil and gas exports, the withdrawal of...

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

JAKARTA (TheInsiderStories) - PT Penjamin Infrastruktur Indonesia also known Indonesia Infrastructure Guarantee Fund (IIGF) has offered four national strategic projects (NSP) worth Rp4.75 trillion (US$332.17...

Critics Say too Early to Claim Victory in Freeport Negotiation

JAKARTA (TheInsiderStories)--Critics are quick to reign in the celebration by the government and its supporters who claim victories in shares divestment mining giant Freeport...

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

JAKARTA (TheInsiderStories) - Good morning. The election of presidential and vice president (VP) candidates of the 14 parties that participated in the 2019 election is...