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Monday, October 22, 2018
JAKARTA (TheInsiderStories) - PT Bumi Resources Tbk (IDX:BUMI), the country's largest coal producer targets coal sales volume rise of 5-7 percent for 2017 and coal price increase of 30 percent for full year 2017. The company maintains its target given encouraging results in the first quarter of 2017. In the first quarter,...
JAKARTA (TheInsiderStories) - PT AKR Corporindo Tbk (IDX:AKRA), a leading fuel and chemical supply chain company, announced its plan on Monday (May 8) to issue Rp1 trillion worth of bonds. The bonds issue is part of the planned Rp2 trillion sustainable bonds to be issued by the company. The company...
JAKARTA (TheInsiderStories)  -​Indonesia's Gross Domestic Product (GDP) growth in the first quarter of 2017 reached 5.01 percent, higher compared to the same period last year which grew by 4.92 percent, led by the growth in the agricultural sector. The Central Bureau of Statistics (BPS) revealed that the agricultural sector which contributed 13.59...
JAKARTA (TheInsiderStories) - PT Bank Maybank Indonesia Tbk (IDX: BNII), has aborted the sale of a 68.55 percent equity interest in consumer financing firm PT Wahana Ottomitra Multiartha Tbk (IDX: WOMF). The share sale aborted after certain conditions precedent to the share purchase agreement, which were scheduled to be satisfied...
JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million for this year, said a company official. Portion of the capital expenditure will be obtained from its subsidiary PT Saka Energi Indonesia that has raised...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade mixed today ahead of the weekend. Some investors likely to continue to accumulate selected stocks that are expected to show improved performance this year, while others may refrain from making aggressive moves, awaiting for fresh leads. Reliance Securities said in its notes...
JAKARTA (TheInsiderStories) - The State Owned Enterprise Ministry (SOE) has decided to sack Budi Tjahjono as President Director of Askrindo, after the Corruption Eradication Commission (KPK) declared him as a suspect in a corrupted case. Budi Tjahjono was implicated in a case when he was president director of PT Jasindo, a state...
  Mastercard-CrescentRating Global Muslim Travel Index 2017    Indonesia jumps one spot to gain the third spot behind Malaysia and UAE of the list of OIC and non-OIC markets Japan and Taiwan also saw the biggest improvements in ranking on the overall top 10 list Singapore remains as the only non-OIC destination in...
JAKARTA (TheInsiderStories) - PT Medco Energi Internasional Tbk (IDX: MEDC) filed notice to the Financial Services Authority that it will request shareholders to approve a 4 for 1 stock split at the forthcoming June 16th 2017 Annual General Meeting of Shareholders. The company is also finalizing its proposal to the OJK for the rights issue approved by...
JAKARTA (TheInsiderStories) - PT Indofood Sukses Makmur Tbk (IDX:INDF) is issuing bonds worth Rp2 trillion, the proceeds of which will be used to repay the principal of previous issued bonds, Indofood VI Bonds (Obgliasi Indofood VI), the company announced on Friday (May 5). The offering date is set on May 5-15,...

Latest article

Indonesia’s TPS Food Shareholders Meeting Held Amid Management Spat

JAKARTA (TheInsiderStories) - Indonesian food producer, PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA), also known TPS Food, holding extraordinary shareholders meeting without board of directors presence...

Hengky Koestanto Assigns as TPS Food New President Director

JAKARTA (TheInsiderStories) - Hengky Koestanto, former of PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA) commissioner, assigned as a new President Director. The company claimed that...

Indonesia’s President Concerns on Khashoggi Death

JAKARTA (TheInsiderStories) - The disappearance of the Washington Post journalist Jamal Khasshoggi from Saudi Arabia has become the world's attention including Indonesia's President Joko Widodo. The...

Indonesia’s Dewata Freight eyes 49.5 billion Rupiah from IPO

JAKARTA (TheInsiderStories) -  Indonesian logistic provider, PT Dewata Freight International Tbk (DFI), aimed to be listed in Indonesia Stock Exchange (IDX) this year. The logistics company...

IMF, Ukrainian Signs New Stand-by Arrangement US$3.9B

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) and the Ukrainian authorities have reached agreement on economic policies for a new 14-month Stand-By Arrangement (SBA). The...

Indonesia Under Widodo-Kalla Four Years Ruling, a Review

JAKARTA (TheInsiderStories) - It has been four years since Joko Widodo and Jusuf Kalla vowed as President and Vice President. Indonesia has both progresses and setbacks. Both...