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Wednesday, November 21, 2018
JAKARTA (TheInsiderStories) - Today, the 33rd ASEAN Summit has officially started in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s achievements in this year and will review the progress of ASEAN’s relations with the dialogue partners and the deepening cooperation with them on a number...
JAKARTA (TheInsiderStories) - Oil prices fell unstoppable on Tuesday (11/13) pressured by fears of weakening global demand and abundant supply. United States (US) oil prices in the futures market experienced the steepest daily decline in more than three years. Yesterday, US oil prices in the futures market fell 7.1 percent and  more...
JAKARTA (TheInsiderStories) –— Good morning! The 33rd ASEAN Summit has officially started on Tuesday (13/11) in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s achievements in this year. During the summits, the ASEAN Leaders will review the progress of ASEAN’s relations with the dialogue partners and...
JAKARTA (TheInsiderStories) - Indonesian Government will revise the negative investment list to attract more investment come to the country. According to Minister of Industry Airlangga Hartarto the finalization of the revision would be decided in this month. He gave a clues the item has been discussing was investment for manufacturing and...
JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services among ASEAN’s growing base of digital consumers, said the lender on Monday (12/11). The alliance will enable UOB to deliver financial services to Grab’s ASEAN-wide user...
JAKARTA (TheInsiderStories) -- GO-JEK, an Indonesian ride-hailing provider joined forced with DBS Bank to enter Singapore' market. The two companies will work together on payment services at the country and soon extend to other countries in the Southeast Asia region. Based on DBS Bank statement released on Tuesday (13/11), Go-Jek is...
JAKARTA (TheInsiderStories – Association of Southeast Asian Nations (ASEAN) has shown that it remains an investment destination of choice for the investors. In 2017, Foreign Direct Investment (FDI) flows in the region reached an all-time high of US$137 billion, up by 12 percent from 2016. Based on the latest report ASEAN Investment...
JAKARTA (TheInsiderStories) - PT Sarana Multi Infrastruktur (SMI), a state-owned infrastructure funding company, will issue Rp828.5 billion (US$56.36 million) bond, according to Indonesian Central Securities Depository. The bond consists of two series and will be recorded on Dec. 5, 2018. The series A bond worth for Rp635 billion with 8.2 percent interest....
JAKARTA (TheInsiderStories) - PT Semen Indonesia Tbk (IDX: SMGR) has signed the Conditional Sales Purchase Agreement to acquire 6.18 million or representing 80.6 percent of of PT Holcim Indonesia Tbk (IDX: SMCB) shares. The closing of the transaction is subject to customary regulatory approvals. The state-owned cement producer bought the...
JAKARTA (TheInsiderStories) — Indonesia financial market welcomed the week in the slowdown phase. Rupiah lost its energy, by decreasing 0.78 percent to 14,747 against the greenback. The local currency impairment led other emerging markets currency weakening. Followed, Jakarta Composite Index slumped 1.65 percent to 5,777.05, with Rp17.68 billion (US$12.02 million) foreign...

Latest article

Morning Briefing: Indonesia Postponed Jakarta-Bandung HST, LRT Projects

JAKARTA (TheInsiderStories) — Good morning! Transportation Ministry postponed the development of two national strategic projects namely Jakarta-Bandung High Speed Train (HST) and Light Rail Transit...

French Michelin, South Korean Hankook Eyes Indonesian Tyre Maker Multistrada’s Shares

JAKARTA (TheInsiderStories) - A number of global tyre companies have shown their interest in acquiring Indonesia’s tyre maker, PT Multistrada Arah Sarana Tbk (IDX: MASA),...

Indonesian Gov’t Call Off to Revokes First Media Frequency License

JAKARTA (TheInsiderStories) - Indonesian internet provider, PT First Media Tbk (IDX: KBLV), PT Internux, dan PT Jasnita Telekomindo' 2,3 GHz frequencies revoke was delayed from plan....

Morning Briefing: Bank Indonesia Sees Lower Economic Growth

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia lowering the 2019’s economic growth projection, in accordance with the 7-Day Reverse Repurchase (7-DRR) rate increase...

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...

Indonesia’s Investment Coordinating Board Appoints Four New Deputy

JAKARTA (TheInsiderStories) - Head of the Investment Coordinating Board Thomas Trikasih Lembong appointed four new deputy at his agency on Monday (19/11). The four new...