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Jakarta
Sunday, April 22, 2018
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...
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...
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...
Singapore -- Moody's Investors Service, ("Moody's") has today assigned a provisional foreign currency senior unsecured programme rating of (P)Baa2 to the new shelf programme by the Government of Indonesia. The shelf programme was filed with the Securities and Exchange Commission (SEC) in the U.S. under a shelf registration process and the...
JAKARTA (TheInsiderStories) - The tit-for-tat tariff increases between the United States and China run the risk of escalating into a broader trade war, which could derail global growth. For the moment, the probability of such an outcome appears low. The magnitude of the tariffs being considered, so far, will have...
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...
JAKARTA (TheInsiderStories) – The world is currently entering the Industry 4.0 era, in which is marked by the integration of artificial intelligence, internet of things, advanced robotic and virtual reality and 3D printing. Indonesia does not want to be left behind. This triggered the government to prepare a Roadmap for...
JAKARTA (TheInsiderStories)— President Joko Widodo launched Making Industry 4.0 roadmap as baseline the country's economic development during 2019 to 2030. So far the country lags behind regional peers in implementation of industry 4.0. Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes...
JAKARTA (TheInsiderStories) – The Energy and Mineral Resources Ministry (EMR Ministry) has recently launched the much-awaited electricity supply business plan for the period of 2018-2027, which is prepared by the state electricity company PT Perusahaan Listrik Negara (PLN). The government made some adjustments, however, one thing is unchanged is that...

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...