24 C
Jakarta
Wednesday, December 12, 2018
JAKARTA (TheInsiderStories)— Indonesia and Japan will sign a loan agreement of Rp25.6 trillion (US$1.80 billion) for financing the mass rapid transit (MRT) project phase II in the early July, President Director of PT MRT said in Jakarta after visiting the MRT project with Japanese Foreign Minister Taro Kono on...
JAKARTA (TheInsiderStories)--The 4th of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC Ministerial in Vienna, Austria clear out with conclusion raised the output targets. Benchmark Brent oil rose by 3.4 percent on that day to US$75.55 a barrel followed the result. The meeting was held on Saturday (23/06) under the Co-Chairmanship...
JAKARTA (TheInsiderStories) - Good Morning. Investors still worries on United States - China trade war and stock sell-off reflected on the performance of major global bourse. From domestic side, the surprised trade deficit and the improvement of the 2018's State budget performance in May will influence market today. Finance Minister Sri Mulyani...
JAKARTA (TheInsiderStories) – GO-JEK, an Indonesian ride-hailing provider has confirmed that it is to invest US$500 million in its international expansion strategy. The operator expect to realize the plans in the next few months. The company will enter Vietnam, Thailand, Singapore and the Philippines starting with ride-hailing but ultimately aiming to...
JAKARTA (TheInsiderStories)—Indonesia and Japan agreed to explore the possibility of developing Indonesia as a manufacturing base for Japanese companies. Indonesia’s Foreign Affairs Minister Retno Marsudi dan Japan’s Foreign Affairs Minister Taro Kono has held the 6th Strategic Dialogue Indonesia-Japan meeting. The meeting took place at Gedung Pancasila Ministry of Foreign...
JAKARTA (TheInsiderStories)--Surprise in the trade balance in May 2018 that reached US$1.52 billion pushed the Rupiah and Jakarta Composite Index (JCI) to the lower level. The trade deficit in May was lower than April 2018 reached $1.63 billion, but higher than May 2017 which surplus $ 470 million. Meanwhile, in...
JAKARTA (TheInsiderStories) - Singapore’s RH Petrogas Ltd., has been awarded new 20-year contract terms for two production sharing contracts (PSC) in Indonesia, said the company on Monday (25/06). The company became the first winner of the oil and gas contract in Indonesia with the concept of gross split scheme. The Ministry...
JAKARTA (TheInsiderStories)— The Indonesia Stock Exchange (IDX) suspended trading of the taxi company PT Express Transindo Utama Tbk (IDX: TAXI) share as the company is late to pay bonds interest. “IDX decided to temporarily suspend the trading of TAXI and TAXI01 shares and bonds,” Head of Corporate Assessment Division I...
JAKARTA (TheInsiderStories) - KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced is ready to launch its own indigenous application for micro lending business with peer-to-peer platform to facilitate credit facility. Indonesia's Financial Services Authority (FSA) estimates the country's demand for consumer and small business financing at approximately US$125 billion....
JAKARTA (TheInsiderStories) - After being shaken by of trade wars issues and U.S's Federal interest rates (Fed rate) last week, now investors focused on Indonesia, China and Bank of England monetary stance, current account deficit will announce by Statistic Indonesia, also regional election. Last week Bank Indonesia (BI) cancelled to announce its seven...

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