33.5 C
Jakarta
Tuesday, September 25, 2018
Bogor (TheInsiderStories) - Commemorating the 60th diplomatic anniversary with Indonesia, Japan has indicated it is ready to invest more than Rp200 trillion (US$15 billion) in support of the country's infrastructure projects, ministers revealed on Jan. 19. ‘I welcome the glorious arrival of representatives of Japanese authorities in the celebration of the 60th anniversary of the...
JAKARTA (TheInsiderStories) – State-owned construction company PT Waskita Karya Persero Tbk, (IDX:WSKT) has secured a syndicate loan amounted Rp1 trillion or US$75 million to fund 32 kilo meters Salatiga-Kartasura toll road in Central Java. The syndicated lenders are PT Sarana Multi Infrastruktur (SMI), PT Bank of Tokyo Mistsubishi UFJ Jakarta Office,...
JAKARTA (TheInsiderStories) – Indonesia has revised its tax rules for transfer pricing documentation to conform to global standards and curb tax avoidance, in the hope of optimizing state revenue. This will require companies with overseas subsidiaries and domestic affiliated transactions to complete specific reports in compliance with country-by- country (CbC) reporting standards, as...

Morning Briefs – Jan 19

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Google, Temasek Coming in as New Investors in Go-Jek: Sources Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing startup Go-Jek, sources familiar...
JAKARTA (TheInsiderStories) - Popular messaging platform WhatsApp unveiled a new ‘WhatsApp Business’ app for small and medium enterprises (SME). The free-to-download Android app will make it easier for companies to connect with customers, as well as its 1.3 billion users to chat with businesses, WhatsApp said in a statement. WhatsApp...
Momentum to carry into Q1 2018 Hong Kong -- Moody's Investors Service says that the Asian high-yield bond market has shown record levels of rated issuance across all markets in 2017, with momentum set to carry into 1Q 2018. "A total of $34.5 billion was issued in 2017 -- up significantly from $11.4 billion...
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) - Minister of Communications and Informatics Rudiantara expects the Indonesia Capital Market Authority, in this case the Financial Services Authority, to issue regulations for startup companies holding a ‘unicorn’ status to be able to conduct initial public offerings (IPO) in the local stock exchange. “If they want to go...
JAKARTA (TheInsiderStories) – China’s economy grew 6.9 per cent in 2017, the fastest since 2015 even as policymakers made headway towards curbing financial risk from excessive debt growth, the country's statistics bureau said on Thursday. Previously, The World Bank projected for China’s economic growth in 2017 could reach 6.8 per cent...
JAKARTA (TheInsiderStories) – The Indonesian government will be paid an additional US$27 million per annum following the signing of 19 contract amendments with mining companies, a compromise finally achieved after a lengthy negotiation process. The amendment of contracts, signed on Wednesday (17/01), was mandated by the Law on Mineral Resources...

Latest article

Insight: 2019 Presidential Election Tight Competition Will Take Place in Six Provinces 

JAKARTA (TISIntel) - The 2019 Presidential Election will be participated by two pairs of the president and vice president candidates. First pair is Joko Widodo...

Here Are the Vision and Mission of President, VP Candidates In 2019 Election

JAKARTA (TheInsiderStories) - Two candidates president and vice president (VP) Joko Widodo - Maruf Amin and Prabowo Subianto - Sandiaga Uno for 2019 election, has been...

Indonesia’s Bumi Resources Minerals Completes the Dairi Prima Divestment

JAKARTA (TheInsiderStories) - Indonesian publicly listed miner PT Bumi Resources Minerals Tbk (IDX: BRMS) through its Singapore's unit Gain and Win Pte. Ltd., completed the 51...

Indonesia’s Bank Mandiri Raises US$207M from Bond Sale

JAKARTA (TheInsiderStories) - Indonesia's state-owned lender PT Bank Mandiri Tbk (IDX:BMRI) raised Rp3 trillion (US$206.90 million) from sales of five-year bond at a coupon of 8.5...

Indonesia Develop Bintuni Bay Industrial Zones for the Petrochemical Industry

JAKARTA (TheInsiderStories) - Indonesian government boost the development of the Bintuni Bay industrial Zones in West Papua to produce petrochemical products, said one senior official in...

Morning Briefing: Oil Price Surges to Four-year High on Tight Supply Concerns

JAKARTA (TheInsiderStories) - Good morning. The price of crude oil soared to US$80 per barrel on fear over supplies after Organization of the Petroleum Exporting Countries and Russia...