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Wednesday, November 21, 2018
JAKARTA (TheInsiderStories)--Indonesian palm oil company PT Andira Agro Tbk eyes Rp100 billion (US$6.83 million) from initial public offering (IPO) in August 2018. Andira Agro will offer 500 million shares and set a price at Rp200 per share so that the company will get funds of Rp100 billion. The company targets...
JAKARTA (TheInsiderStories) - Two airports in East Kalimantan has been inaugurated by Indonesia President Joko Widodo today (25/10). The two airports initiated by the regional government namely Aji Pangeran Tumenggung (APT) Pranoto Airport in Samarinda City and Maratua Airport in Berau Regency, East Kalimantan. The two airports is estimating need costs over than...
JAKARTA (TheInsiderStories)--PT Wijaya Karya Realty (Wika Realty), a subsidiary of state-owned construction company PT Wijaya Karya, postponed a planned initial public offering (IPO) due to market condition. Wika Realty has sent a letter to postpone the IPO, said Director of Corporate Assessment at IDX Samsul Hidayat on Tuesday (21/05). He added...
New York, July 26, 2017 -- While market growth slowed, global green bond issuance achieved a new record during the second quarter, Moody's Investors Service says in a new report. Second quarter (Q2) volumes were supported by a record number of individual issuers, as opposed to the first quarter...
JAKARTA (TheInsiderStories) - Good Morning. The mood of the public-at-large is largely positive as Indonesia keeps on raking gold medals from the 18th Asian Games held in Jakarta and Palembang. As of Monday (27/08), Indonesian athletes had won 22 gold medals, 15 silver and 27 bronze and ranked fourth in the...
JAKARTA (TheInsiderStories) - The Singapore-based ride hailing firm Grab Holdings Inc. announced would invest US$250 million in Indonesian startup through its Grab Ventures arm, said its chief executive in a written statement on Wednesday (29/08). The Southeast Asia’s O2O (online-to-offline) mobile platform, aims to help select Indonesian startups scale up nationally...
JAKARTA (TheInsiderStories) – Oil and gas producer, PT Medco Energi Internasional Tbk (IDX: MEDC) has issued bond of US$300 million with final coupon of 8.5 percent per annum, said the company in official statement. Hilmi Panigoro, the President Director of Medco stated: "With this successfull transaction we are able to...
JAKARTA (TheInsiderStories) - Indonesia Deposit Insurance Corporation (IDIC) has rights to write off bank bad debts and claims during crisis followed the Constitutional Court's decision on the judicial review of the Constitutional Court's decision on the Law No. 24 of year 2004. Petition for judicial review of Law no. 24/2004 is...
JAKARTA (TheInsiderStories) - Indonesian ride-sharing company Go-Jek has set a plan to conduct an Initial Public Offering (IPO) in the next few years, according to Go-Jek Company CEO Nadiem Makarim. “We are definitely going to (launch) an IPO,” Makarim said at Bloomberg’s Year Ahead Asia Conference in Jakarta on Wednesday. The...
JAKARTA (TheInsiderStories)-- The Ministry Finance (MoF) of Indonesia has issued Samurai Bonds of ¥100 billion (US$912 million) on Thursday (24/5), equal to the issuance of last year, said one government official. The notes consists of four series RlJPY0521 has maturity dates May 31, 2021; RlJPY0523 maturing May 31, 2023; RlJPY0525 maturing May...

Latest article

Morning Briefing: Indonesia Postponed Jakarta-Bandung HST, LRT Projects

JAKARTA (TheInsiderStories) — Good morning! Transportation Ministry postponed the development of two national strategic projects namely Jakarta-Bandung High Speed Train (HST) and Light Rail Transit...

French Michelin, South Korean Hankook Eyes Indonesian Tyre Maker Multistrada’s Shares

JAKARTA (TheInsiderStories) - A number of global tyre companies have shown their interest in acquiring Indonesia’s tyre maker, PT Multistrada Arah Sarana Tbk (IDX: MASA),...

Indonesian Gov’t Call Off to Revokes First Media Frequency License

JAKARTA (TheInsiderStories) - Indonesian internet provider, PT First Media Tbk (IDX: KBLV), PT Internux, dan PT Jasnita Telekomindo' 2,3 GHz frequencies revoke was delayed from plan....

Morning Briefing: Bank Indonesia Sees Lower Economic Growth

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia lowering the 2019’s economic growth projection, in accordance with the 7-Day Reverse Repurchase (7-DRR) rate increase...

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...

Indonesia’s Investment Coordinating Board Appoints Four New Deputy

JAKARTA (TheInsiderStories) - Head of the Investment Coordinating Board Thomas Trikasih Lembong appointed four new deputy at his agency on Monday (19/11). The four new...