26 C
Jakarta
Thursday, December 13, 2018
JAKARTA (TheInsiderStories) - State-owned PT PP Tbk (IDX:PTPP) becomes the first company will issue perpetual bond in Indonesia. The construction firm has plan to issue up to Rp1.5 trillion (US$108 million) from selling such bond in August of this year. Perpetual bond is a bond without maturity date and thus is...
JAKARTA (TheInsiderStories) - Kertajati Airport in Majalengka, West Java is planned to be tested next May 24, said President Joko Widodo during his visit to the airport site on Tuesday (17/04). The airport under PT Bandara Internasional Jawa Barat (BIJB) will become the second largest airport in Indonesia after Soekarno-Hatta in Tangerang...
JAKARTA (TheInsiderNetwork) - State-owned toll operator PT Jasa Marga Tbk (IDX: JSMR) has obtained syndicated loan amounting Rp7.73 trillion (US$561 million) to finance Batang - Semarang toll road. The Batang-Semarang toll road is being developed by its unit PT Jasamarga Semarang Batang. The project that will build a 75 kilometer long toll...
JAKARTA (TheInsiderStories)—Japanese sanitary ware brand TOTO’s distributor PT Surya Pertiwi plans to raise up to Rp1.06 trillion (US$77.37 million) from initial public offering (IPO), equal to 26 per cent of its total equity. The company hopes to price the initial public offering of its stock between Rp1,160 and Rp1,520 a share. Presiden Direktur...
JAKARTA (TheInsiderStories) - Indonesia's economy is predicted to grow 5.2 per cent in the first quarter of this year from the same period last year, Finance Minister Sri Mulyani said on Tuesday (17/04). This projection is higher than the 5.1 percent growth in the first quarter last year. Mulyani said economic growth...
JAKARTA (TheInsiderStories) – The Indonesian Government decided to trim the number of projects in the list of its National Strategic Project (NSP) due to slow development progress. Coordinating Minister for Economic Affairs (CMEA) Darmin Nasution said on Monday (16/04) that the government decided to drop 14 projects with worth of Rp264...
JAKARTA (TheInsiderStories) - Transportation Minister Budi Karya Sumadi said that his ministry will announce the winning bidder of Patimban Port project in Subang, West Java in Early May. This port is targeted to begin construction in June 2018 and completed in 2020. The port will be located about 70 kilometers from the...
JAKARTA (TheInsiderStories)—Indonesia continued to post deficit in its oil and gas trade balance, amid low national production and strong demand for gasoline products at home. The statistics bureau announced on Monday (16/04) that Indonesia's oil and gas trade posted a deficit of US$2.70 billion in the first quarter of this...
JAKARTA (TheInsiderStories) - The rapid development of digital  revolution leaves main problem in job creation for several emerging countries, including Indonesia. The Southeast Asia's largest economy, is not spared from the digital disruption--which has on one side help more efficiency for the companies operation and on the other side created a...
JAKARTA (TheInsiderStories) - Indonesia posted $1.09 billion trade surplus in March, which was the biggest surplus in the last six months, as imports growth slowed more than expected, data from the statistics bureau showed on Monday (16/04). March exports were reported at $15.58 billion, which was 6.14 percent higher than...

Latest article

Japan’s Yamaha, Grab Enters into Strategic Partnership in Motorcycle Ride-Hailing Service

JAKARTA (TheInsiderStories) - Japan manufacturer Yamaha Motor Co., Ltd. and Grab Holding Inc., Southeast Asia’s online-to-offline (O2O) platform, have agreed to form a strategic partnership in...

Impact of Global Economy, Indonesia’s Banking Loan Growth Will Slow Down in 2019

JAKARTA (TheInsiderStories) - Banking loan growth in Indonesia is estimated to be lower next year, influenced by the effects of the global economy also domestic...

World Bank Sees Indonesian GDP 5.2% in 2018, 2019

JAKARTA (TheInsiderStories) – Indonesia has weathered substantial global volatility thanks to sound macroeconomic fundamentals and strong policy coordination, according to the World Bank’s December...

LIPI’s Survey and Opportunities to Seize the Majority of Millennial Votes

 JAKARTA (TheInsiderStories) – The Indonesian Institute of Sciences (LIPI) released the results on mapping issues and strategic politics, economics, socio-culture, and security ahead of...

Japan’s Oji, Sinar Mas Set Up Corrugated Container Plant in Indonesia

JAKARTA (TheInsiderStories) - PT Purinusa Ekapersada, unit of Indonesian conglomeration firm Sinar Mas Group, set up new corrugated container factory in Bekasi with Japan' Oji...

Morning Briefing: Trade War Tension Calms Indonesian Market

JAKARTA (TheInsiderStories) — Good morning! Easing the trade war tension with the United States (US), China says its scrapped it's ‘Made in China 2025’...