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Jakarta
Tuesday, September 25, 2018
JAKARTA (TheInsiderStories) - The Indonesian House of Representative has approved Perry Warjiyo on Wednesday (28/3) as new Bank Indonesia Governor, replacing Agus D.W Martowardojo who will end his term in May. Warjiyo, currently a deputy governor, was President Joko Widodo’s sole nominee to become Bank Indonesia (BI) governor, succeeding Agus Martowardojo. Warjiyo...
JAKARTA (TheInsiderStories) - Indonesia Ministry of Trade will keep the export tax for cocoa unchanged at 5 per cent in April and zero for crude palm oil (CPO), the Trade Ministry said on Tuesday. The government raised its tax for cocoa bean exports in March after assuming a reference price of...
JAKARTA (TheInsiderStories) – In May 2015, the Joko Widodo government unveiled an ambitious program to develop 35,000 MW installed capacity of power plants in the period of 2015-2019. The program was launched in Bantul, Jogyakarta, marked by the groundbreaking of a number of power plant projects to be developed...
JAKARTA (TheInsiderStories) - State-owned construction firm PT Waskita Karya Tbk (IDX: WSKT) and state-owned toll operator company PT Jasa Marga Tbk (IDX: JSMR) are planning to raise Rp8 trillion (approx. US$582 million) from the divestment of six toll road projects to investors in the first semester this year. WSKT and JSMR previously have...
JAKARTA (TheInsiderStories)- Dear sir/madame, Due to unconditional things, Insider Seminar Series with keynote speaker MEMR Ignasius Jonan on Monday, April, 16 2018 at Grha Bimasena will be postponed until further notice. We’re sorry for the incovinience and will inform you soon the update. Thank you   Regards, INSIDER NETWORK
JAKARTA (TheInsiderStories) – President Joko Widodo reiterates the government’s commitment to simplify all permits and procedures, including investments for export-oriented products. “It is time for all procedures and permits to be done in a simple way, fast and through online. I want all permits and requirements continue to be slashed therefore...
JAKARTA (TheInsiderStories) - Indonesia's Financial Services Authority (FSA) will impose additional capital for systemically important banks (SIBs) based on their size, interconnectedness with the financial system, and the complexity of their business to protect against any failures. FSA told the country's systemically important banks to create a tier-1 capital surcharge of...
JAKARTA (TheInsiderStories) - Publicly listed coal miner PT Adaro Energy Tbk joint with private equity manager EMR Capital acquired 80 per cent Rio Tinto's coal asset Kestrel in Australia for $US2.25 billion, the company said on Tuesday (27/03). The Kestrel mine located in the Bowen Basin, the world premier metallurgical coal region, Kestrel...
JAKARTA (TheInsiderStories) - Indonesia's economic outlook continues to be positive with GDP growth projected to reach an average 5.3 per cent in the period 2018-2020, according to World Bank's March 2018 Indonesia Quarterly report. The report highlighted the need for the government to make bold and impactful policies to accelerate...
JAKARTA (TheInsiderStories) - Indonesia plans to keep electricity tariffs and fuel prices unchanged this year and the next by hiking subsidies, in a move aimed at maintaining the purchasing power of its citizens. Somehow, this decision is likely to hurt state-owned electricity firm PLN, which spearheads President Joko Widodo's 35,000-megawatt...

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Indonesia’s Bank Mandiri Raises US$207M from Bond Sale

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Indonesia Develop Bintuni Bay Industrial Zones for the Petrochemical Industry

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