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Jakarta
Sunday, April 22, 2018
JAKARTA (TheInsiderStories)— Indonesia, the world's fourth most populous nation, needs to boost investment in renewable sector, as the country is racing with higher energy demand, while fossil-based energy reserves continue to decline. However, investment in renewable sector in Southeast Asia's largest economy seems going no where, as investors question its...
By Harumi Taguchi, principal economist at IHS Markit Key Points: Ÿ   Japan’s trade surplus rose 32.1% in March year on year (y/y) to JPY797 billion (USD 7.4 billion) on a non-seasonally adjusted basis while the balance turned to a surplus of JPY119 billion on a seasonally adjusted basis. Ÿ   Imports declined for...
Mining
JAKARTA (TheInsiderStories) - Indonesia's State-owned enterprises (SOEs), especially construction and power companies, which are involved in the government-led infrastructure projects are currently being plagued by weakening balance sheets, as they have been borrowing extensively to fund their part. According to the government's data, about 20 listed SOEs have seen their leverages...
JAKARTA (TheInsiderStories)—Indonesia’s government need to set up incentives for the sugar industries to cut import. Recently, the Ministry of Trade has open to import the raw sugar of at least 1.1 million tonnes (MT). The import is needed because the local production does not secure the national demand. Trade Minister Enggartiasto...
JAKARTA (TheInsiderStories)— Indonesia is a world's major key producer of a wide variety of agricultural tropical products. This sector has been historically contributing significantly to the economy and employment. As a large archipelago nation of more than 17,000 islands and 256 million population the country's agriculture industry responsible to absorb...
Moody's Investors Service has taken a number of rating actions on non-financial corporates in Indonesia that are also government-related issuers. The rating actions follow its earlier announcement that it has upgraded Indonesia's sovereign rating to Baa2 from Baa3. As a result of the sovereign rating action, Moody's has upgraded the...
Singapore -- Moody's Investors Service has placed on review for downgrade the B1 corporate family rating of Lippo Karawaci Tbk (P.T.). At the same time, Moody's has placed on review for downgrade the B1 backed senior unsecured rating of the bonds issued by Theta Capital Pte. Ltd., a wholly-owned subsidiary of Lippo Karawaci. The bonds...
JAKARTA (TheInsiderStories)— While Indonesia is pushing to boost its manufacturing sector, the country is apparently being trapped by the Dutch Disease situation. The administration of President Joko Widodo is making a push to boost the nation's manufacturing sector and initiated the so-called fourth industrialization revolution or Industry 4.0. The program...
JAKARTA (TheInsiderStories) - Indonesia's government has set an ambitious target to expedite renewable energy capacity by 2025, yet the level of investment from both public and private sector is still far from expectation. By 2017, Indonesia only recorded Rp11.7 trillion (US$850 million) investment in renewable energy sector, according Ministry of...
JAKARTA (TheInsiderStories)—Indonesia urges to set up new incentive to boost the mining downstream industries. The country is currently trapped in a stagnation on this sector. Indonesia’s mining sectors have long served a large portion of Indonesia economy. The country remains a major producer of coal, copper, gold, tin, and nickel in...

Latest article

Indonesia Expects Lower Investment in Mining, Oil & Gas Sectors

JAKARTA (TheInsiderStories)—The government revised down its investment target from the mining, and oil and gas sectors by 25.7 per cent to US$37.2 billion this...

State Port Operator Pelindo III Increases Holding in Port Developer APBS

JAKARTA (TheInsiderStories)—State-owned port management company PT Pelabuhan Indonesia III (Pelindo III) increased its ownership in PT Alur Pelayaran Barat Surabaya (APBS), a joint venture with...

Indonesia Raises US$2B From Dual Currencies Bond Sale

JAKARTA (TheInsiderStories) - Indonesia has raised US$1 billion and one billion Euro ($1.24 billion) in a dual-currency bond sale, the finance ministry said in statement...

Indonesian Gov’t Appoints Nicke Widyawati as Pertamina’s Acting CEO

JAKARTA (TheInsiderStories) - State-owned Enterprise Ministry (SOEs) for the second time of this year shake up the management of energy firm PT Pertamina after a series...

Reynold Wijaya of Modalku: We Only Take the Crumble of the Pie Crust That...

JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally,...

Policy Review: More Breakthrough Needed to Improve Investment in Energy Sectors

JAKARTA (TheInsiderStories)—The government already revoked 186 conflicting regulations in the energy sector, but apparenyly it is not enough to improve investment climate in this sector. The...