27 C
Jakarta
Sunday, January 20, 2019
Singapore, September 01, 2017 -- Moody's Investors Service has assigned a first-time B2 corporate family rating (CFR) to Steel Pipe Industry of Indonesia Tbk (P.T.) (Spindo). At the same time, Moody's has assigned a B2 rating to the proposed senior notes due 2022. The notes will be issued by Spindo's wholly owned subsidiary,...
JAKARTA (TheInsiderStories) - PT Coca-Cola Amatil Indonesia (CCAI), has announced that it intends to continue investing here, projecting an additional US$300 million over the next three years. This would continue previous investments worth $445 million over the last five years. Coca-Cola Amatil Indonesia Supply Chain Director Gigy Philip explained,...
Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: · The BRICS Summit to be held in Xiamen on 3-5 September will focus on the three pillars of economic co-operation, political and security co-operation and people-to-people exchanges. · ...
JAKARTA (TheInsiderStories) - Good Morning, we present several important news that might help your business decisions today : Bahana Daily Technical * Trading range of JCI: 5,850 - 5,900 The JCI today is expected to fluctuate with a limited tendency to strengthen. A potential rebound after approaching MA20 support. RSI at level...
JAKARTA (TheInsiderStories) - Good morning, we present some important news to help your business decisions today. S'porean Investor Interested to Help Fund LRT Project Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said that a Singaporean investor and private lender PT CIMB Niaga Tbk (IDX: BNGA( showed an interest to help fund...
JAKARTA (TheInsiderStories) - Low cost flight carrier PT AirAsia Indonesia will list its share through a back-door listing on the Indonesia Stock Exchange (IDX). The company which is the target of backdoor listing is PT Rimau Multi Putra Pratama Tbk (CMPP), an Indonesian-based engaged in trading coal (formerly known as PT...
JAKARTA (TheInsiderStories) – Indonesia's Energy and Mineral Resources Minister Ignasius Jonan announced on Tuesday (8/29), the government has concluded a deal with U.S. giant miner Freeport-McMoRan Inc. (FCX) which will allow the company to apply for a permit to continue operations at its giant Grasberg gold and copper mine...
JAKARTA (TheInsiderStories) - Chinese e-commerce provider JD.com Inc. (JD.O) , unit of investment company Tencent Holdings Ltd. has invested US$100 million in Indonesian ride-sharing app Go-Jek. Previously, Tencent had invested around $150 million in Go-Jek. The move marks the company’s accelerated expansion into Southeast Asia followed its competitor. In August 2016, Go-Jek has...
JAKARTA (TheInsiderStories) – A recent telco-owned satellite glitch, which knocked out thousands of cash machines across Indonesia, highlighted the vulnerability of the nation's remote banking operation, over-dependent on just one telecommunications provider. On Monday (8/29), thousands of ATMs across the country were knocked offline due to satellite errors; big players...
By Rajiv Biswas, Asia-Pacific Chief Economist, IHS Markit  The decision by China and India to de-escalate border tensions in the Bhutan border area is a major positive for the future economic co-operation agenda of the BRICS grouping ahead of the BRICS Summit due to be held on 3 September. The...

Latest article

Malaysia’s Grab Create Digital Insurance Marketplace in SEA

JAKARTA (TheInsiderStories) - Malaysian Grab Holdings Inc., ride-hailing operator in Southeast Asia, has collaborated with Hong Kong ZhongAn Technologies International Group Ltd. (HKEX stock code: 6060),...

Indonesia’s J Resources Private Placement May Stumble on Free Float Regulation

JAKARTA (TheInsiderStories) — Indonesian gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) will issue 2.64 billion new shares through private placement, said...

Industrial Bank of Korea Officially Owned Bank Agris

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) officially owned 95.79 percent of Indonesian lender PT Bank Agris Tbk (IDX:AGRS). Followed the compeletion, IBK intends...

Insight: Expecting China’s Lower Borrowing Costs Impact on Indonesian Economy

JAKARTA (TheInsiderStories) — The bamboo curtain country is on its path to relieve the economic slowdown. China’ central bank took action by distributing RMB1.14...

The Global Economy: Rising Recession Risks

JAKARTA (TheInsiderStories) - The danger of a global economic downturn has risen, but the probability of a recession in 2019 is still low. After a brief...

First Debate: Different Promises, Both Camp Not Explores the Issues

JAKARTA (TheInsiderStories) – The Presidential candidate Joko Widodo - Ma'ruf Amin has offered optimism and fair for the Indonesia future. While, Prabowo Subianto -...