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Jakarta
Wednesday, July 18, 2018
JAKARTA (TheInsiderStories) - Indonesia's coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid its Tranche A Principal and coupon with total amount US$114.6 Million Payment, said the company on Wednesday (10/07). That number is equivalent to about 19 percent of the value of tranche A $600 million. This payment is the...
JAKARTA (TheInsiderStories)--Indonesian government decided not to revise the 2018 state budget although some assumption including rupiah currency against US Dollar and oil price are too far from the realization. Finance Minister Sri Mulyani on Monday (9/7) said the Indonesian government views the posture of the 2018 state budget are quite...
JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a Baa2 long-term foreign currency senior unsecured rating to PT Bank Rakyat Indonesia (IDX: BBRI)proposed US dollar denominated senior unsecured notes. The rating outlook is stable. The notes will have a maturity of five years and will be listed on the Singapore Stock Exchange....
JAKARTA (TheInsiderStories) – PT Sarana Multi Infrastruktur (SMI), an Indonesian state-owned enterprise has issued the first green bond in Indonesia worth of Rp500 billion (US$35.00 million), it said in an official statement today (10/07). The unit of Ministry of Finance (MoF) has plan to issue green bond as much as of...
JAKARTA (TheInsiderStories)--Indonesia's food and beverage company GarudaFood through its entity of PT Suntory Garuda Beverages seeks as much as US$200 million from initial public offering (IPO) in the near future. GarudaFood has submitted IPO's documents to the Indonesia Stock Exchange (IDX) and currently looking for the right time to conduct...
JAKARTA (TheInsiderStories) - PT Korea Investment & Securities (KIS) Indonesia, the principal subsidiary of Korea Investment and Securities Co., Ltd. (KIS) also Korea Investment Holdings (KIH) officially announced its launch and readiness to serve the Indonesian market. Ryu Sang-Ho, President and CEO of KIS in a press statement released on...
JAKARTA (TheInsiderStories)--The trade wars imposed by the United States could cut Asia-Pacific GDP growth by as much as 1 percentage point in 2019, said Asia Pacific Chief Economist at IHS Markit Rajiv Biswas in a press release, Monday (9/7). A series of decisions by the US to impose trade tariffs on various...
JAKARTA (TheInsiderStories)—Indonesia’s Ministry of Energy and Mineral Resources (MEMR) the coal reference price at US$104.65 per ton for July 2018. MEMR has stipulated the Decree of the Minister of Energy and Mineral Resources No. 1892K/30/MEM/2018 on the Reference Price of Metals Minerals and Coal for July 2018. The decree sets...
JAKARTA (TheInsiderStories) - Indonesia's power producer PT Perusahaan Listrik Negara (PLN) appealed to the government gas prices for Domestic Market Obligation (DMO) can be restricted at US$6.5 per million british thermal unit (MBTU) for Java and $ 7/MBTU for outside Java in an effort to reduce electricity prices. Strategic Procurement...
JAKARTA (TheInsiderStories)—Indonesia's oil and gas did not reach investment and production target in the first half of this year. According to the Upstream Oil and Gas Regulatory Special Task Force data, the realized investment in the upstream oil and gas in the first half of this year reached US$3.9 billion,...

Latest article

Indonesia’s Nippon Indosari to Buy Back 10% Stake

JAKARTA (TheInsiderStories)--Indonesia’s leading bread maker PT Nippon Indosari Corpindo Tbk (IDX: ROTI) plans to buy back 10 per cent of the public stake or equivalent...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Indonesia’s IIGF Offers Four Projects worth US$332M

JAKARTA (TheInsiderStories) - PT Penjamin Infrastruktur Indonesia also known Indonesia Infrastructure Guarantee Fund (IIGF) has offered four national strategic projects (NSP) worth Rp4.75 trillion (US$332.17...

Critics Say too Early to Claim Victory in Freeport Negotiation

JAKARTA (TheInsiderStories)--Critics are quick to reign in the celebration by the government and its supporters who claim victories in shares divestment mining giant Freeport...

Political Review: Subianto to Alliances With SBY in 2019 Presidential Election?

JAKARTA (TheInsiderStories) - Ahead of the registration of presidential and vice presidential candidates on August 4-10, the name continues to emerge and more difficult to predict....

Morning Briefing: Prabowo Bags Presidential Candidates from Three Parties, Widodo Pocketed VP Names

JAKARTA (TheInsiderStories) - Good morning. The election of presidential and vice president (VP) candidates of the 14 parties that participated in the 2019 election is...