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Jakarta
Monday, January 22, 2018
JAKARTA (TheInsiderStories) – Moody's Investors Service has assigned a Ba2 rating to PT Wijaya Karya Tbk's (IDX:WIKA) proposed Indonesian rupiah-denominated, senior unsecured bond. The rating outlook is 'stable'. The Ba2 bond rating is in line with WIKA's Ba2 corporate family rating (CFR), because the bond constitutes WIKA's direct, unconditional, unsubordinated, and...
JAKARTA (TheInsiderStories) – Economies of scale are vitally important in the maritime transportation business; sharing of investment among port operators is becoming a norm. Investments are expected to upgrade operations and make them more efficient. The Ministry of State-Owned Enterprises (SOEs) has put in motion a plan to establish a parent...
  JAKARTA (TheInsiderStories) – The growth of the internet and other technology has stimulated the evolution of a sharing business model, most apparently in transportation and tourism sectors. The ‘sharing economy’, also known as a ‘collaborative economy’, has and will continue to drastically modify the business landscape going forward. Globally, the...
By Harumi Taguchi, Principal Economist, IHS Markit Key Points: Japan’s current-account surplus narrowed by 5.6% year on year (y/y) to JPY1.3 trillion (USD12.1 billion) on a non-seasonally adjusted basis in November 2017. It also contracted by 30.4% month on month (m/m) to JPY1.7 trillion on a seasonally adjusted basis, following...
JAKARTA (TheInsiderStories) – President Joko Widodo may appoint a new Minister for Social Affairs, replacing Khofifah Indar Parawangsa, who has reportedly tendered her resignation after deciding to run for East Java governor in this year’s regional election. Will this pave the way for the President to carry out a...
JAKARTA (TheInsiderStories) – The Indonesian government is stymied by incomplete disbursement of funds for investment, a serious drawback in Southeast Asia’s largest economy. In fact, many investors still have to realize their commitment. From 2010 to 2017, almost US$26.2 billion of investment was either unrealized or failed to be disbursed, due...
JAKARTA (TheInsiderStories) - The emergence of a number of regulations in various sectors of economic activity over the last ten years requiring companies operating in Indonesia to store data in the country has encouraged the growth of the data center business and has boosted cloud computing technology. One analyst suggests...
Current Slack in Global Economy Expected to Fade WASHINGTON — The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices. However, this is...
Falls to 26.2% in Dec 2017 from 26.4% in Nov and 30.3% at end-2016 Singapore -- Moody's Investors Service says that its Asian Liquidity Stress Indicator (LSI) fell to 26.2% in December 2017 from 26.4% in November and 30.3% at the end of 2016, signifying an improvement in liquidity for high-yield companies in...
JAKARTA (TheInsiderStories) – The Indonesian appetite to shop online continues to strengthen, as revealed by a number of research results, indicating that e-commerce has a bright outlook for this year. However, more efforts are needed to maintain customer loyalty. According to the latest Temasek research, in 2017, Southeast Asian citizens...

Latest article

Standard Chartered Jumps into Fintech

JAKARTA (TheInsiderStories) – Standard Charterd (StanChart) has set up a new unit aimed at investing innovation within the bank and investing in disruptive technologies, according to CEO...

JCI Breaks New Record at 6500

JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed up 9.63 points (0.14 percent) to 6,500 after moving between 6,484-6,529 on Monday (22/1). The composite...

Lazada to Launch Payment System This Year

JAKARTA (TheInsiderStories) - Lazada Indonesia, a major e-commerce player in the country, plans to launch its own payment system this year, following the path...

Singapore’s 99.co Acquires UrbanIndo.com

JAKARTA (TheInsiderStories) - Singapore's startup company 99.co has completed the acquisition of UrbanIndo.com, one of Indonesia's largest property portal, for undisclosed value. Currently, UrbanIndo...

Indonesia’s FSA Cuts Margin Hedging Transactions by 10%

JAKARTA (TheInsiderStories) – The Financial Services Authority (FSA) plans to issue a regulation on currency hedging, the intention of which is to extend protection to investors...

President Wants Fast Completion of Lampung-Palembang Toll Road

JAKARTA (TheInsiderStories) - President Joko Widodo calls on the developers of the 140.9-kilometers of Bakauheni-Palembang toll road to be completed before the Asian Games...