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Friday, September 21, 2018
JAKARTA (TheInsiderStories) - Indonesia's PT Lippo Karawaci Tbk (IDX: LPKR) announced has sold 17.6 percent of first real estate investment trust (REIT) for S$202 million (US$276.74 million), said the company on Tuesday (18/09) to its Singapore units. It said, OUE Limited (OUE) has signed conditional sales and purchase agreement to take over 60 percent...
JAKARTA (TheInsiderStories) - Moody's Investors Service says that rapid and divergent demographic changes in Asia Pacific will lead to opportunities for some banking systems in the region and challenges for others. "Over the next decade, of the 17 banking systems in Asia Pacific, banks in Japan, Hong Kong, Korea and Taiwan, in...
JAKARTA (TheInsiderStoriesI - The Trump Administration has announced a second tranche of tariffs on China, with a 10 percent tariff on an additional US$200 billion of Chinese products to be imposed from 24 September. According to Rajiv Biswas, Asia Pacific Chief Economist at IHS Markit, these measures have been taken as part...
JAKARTA (TheInsiderStories) - The country's flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) sued Rolls Royce PLC and Rolls Royce Total Care Services Limited, said the company lawyer on Monday (17/09). The lawsuit was filed by the sate-owned firm in the Central Jakarta District Court on Sept 13, 2018. For this...
JAKARTA (TheInsiderStories) - Indonesia will offer an investment opportunities of US$42.2 billion in the Annual Meeting of the International Monetary Fund (IMF) and the World Bank (WB) in Bali during Oct. 8 to 14, said one government official on Monday (17/09). There are 79 total projects to be offered from 21...
JAKARTA (TheInsiderStories) - United States (US) President Donald Trump announced an additional tariffs for around US$200 billion of imports products from China. The new tariffs will take effect on Sept. 24, 2018, and be set at a level of 10 percent until the end of the year. "I directed the United States Trade...
JAKARTA (TheInsiderStories) - Good morning. China may no longer content only with retaliatory measures in the escalating trade war with the the United States (US) and could soon go on an offensive as the President Donald Trump is set to announce more tariffs on Chinese goods worth $200 billion. The offensive...
JAKARTA (TheInsiderStories) - Indonesia has send a diplomatic notes to Singapore  Foreign Minister Vivian Balakrishnan on the issue on online sale of Indonesia maids. "Today, our embassy has send a diplomatic notes to Singapore foreign ministry. We asked for their attention, so this kind of thing will not happened again," Deputy Minister of...
JAKARTA (TheInsiderStories) - Indonesia’s Deputy Minister for Foreign Affair A.M. Fachir said that three Indonesian fishermen taken hostages by Abu Sayaff group last year have been freed. The Abu Sayyaf group, also known as Al Harakat Al Islamiyya, is a separatist group consisting of militias based around the southern Philippine, including Jolo, Basilan and Mindanao. Khadaffi...
JAKARTA (TheInsiderStories)  - Presidential candidate Prabowo Subianto signed a pact of integrity with some clerics under the National Movement to Safeguard the Ulema Fatwa, an umbrella organization of Islamic groups  behind last year anti Basuki Tjahaja Purnama protest, which includes the Front Pembela Islam (FPI) on Sunday (17/09). The pact...

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Insight: Rate Hike Expectation Rise on Misleading Reports on BI’s Meet Schedule 

JAKARTA (TheInsiderStories) - Last week, there were a slew of reports by local media that Bank Indonesia (BI) had pushed back the schedule for this month...

Indonesia’s Pertamina, Conoco Competes to get the Corridor Block

JAKARTA (TheInsiderStories) - Indonesia' state-owned energy firm PT Pertamina, the existing operators ConocoPhilips, and other investor had submitted a special proposal for the Corridor Block, whose...

38 Former Graft Convicts Determined by GEC as an Indonesia’s Legislative Candidates

JAKARTA (TheInsiderStories) - Indonesia General Election Commission determined 38 former graft convicts as definitive candidates for legislative member, said the agency on Thursday (21/09). All of...

Indonesian Govt Use Cigarette Excise Patches Health Insurance Deficit

JAKARTA (TheInsiderStories) - President Joko Widodo has signed Presidential Regulation Number 82 of Year 2015 about the use of cigarette excise from the regions to cover the...

Indonesia’s Deficit in the 2019 State Budget is Estimated 1.84%

JAKARTA (TheInsiderStories) - Indonesian government and Budget Committee of Indonesian parliament set the budget deficit in the 2019 State Budget of 1.84 percent of the...

World Bank : Project Delays, Import Tax Policy Will Not Improves CAD

JAKARTA (TheInsiderStories) - Country Director of the World Bank Indonesia, Rodrigo Chaves rated that the government' move to postpone some infrastructure projects that bring investment and cut...