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Jakarta
Wednesday, June 20, 2018
JAKARTA (TheInsiderStories) - In order for the chemical industry to achieve its designated objective as one of the five priorities in the Industry 4.0 Roadmap, the government must acknowledge that basic but sustained improvements on the part of policies would have a significant impact. Chemical, along with food and beverages,...
Singapore -- Moody's Investors Service has affirmed the B2 corporate family rating (CFR) of Medco Energi Internasional Tbk (P.T.) (Medco). Moody's has also affirmed the B2 rating on the $400 million backed senior unsecured bonds issued by Medco Strait Services Pte. Ltd., a wholly-owned subsidiary of Medco. Moody's has revised the outlook on Medco and...
JAKARTA (TheInsiderStories) - In the light of fourth industrial revolution era Ministry of Industry of Indonesia has laid out five sectors in which implementation of Industry 4.0 technology will be enhanced. These sectors are chosen with careful consideration regarding their impact on economy, ease and visibility. Automotive in one of...
JAKARTA (TheInsiderStories) - Indonesia expects further inflows from foreign investors into its debt market after news that local currency bonds will be added to a global bond index in June 2018, strengthening the nation's confidence amid regional currency volatility. Indonesian rupiah-denominated bonds eligible for the widely used in Bloomberg's Global Aggregate...
JAKARTA (TheInsiderStories) - Last Tuesday, Indonesia’s (Baa2 stable) government bond spiked by nearly 30 basis points to 7.3 percent, but retreated to 7.2 percent at the end of the week, while the currency, the rupiah, extended its decline for the third consecutive month in May, depreciating 4.1 percent since the start...
JAKARTA (TheInsiderStories) - The country's aircraft maintenance, repair and overhaul (MRO) business is projected to continue to expand in coming years, in line with the growth of the country's aviation industry and the increasing number of aircraft operating in the country. Unfortunately, domestic MRO providers are yet to fully accommodate...
New York -- Moody's Investors Service says that tax reforms in developing Asia Pacific (APAC) economies will help address the narrowness of revenue bases in some countries, but that many governments still face structural barriers to broadening these bases. "For many sovereigns, measures to broaden the tax base are unlikely...
JAKARTA (TheInsiderStories) – The Energy and Mineral Resources (EMR) Ministry has revoked as many as 90 regulations as well as 96 certifications, recommendations and permits which are considered overlapping, irrelevant or contra-productive with the government’s efforts to boost investment in the energy sector. “In total, as many as 186 (regulations...
JAKARTA (TheInsiderStories) - United State President Donald Trump decision to terminate the participation in the Joint Comprehensive Plan of Action (JCPOA) with Iran and re-imposing sanctions lifted under the deal threatens global community. This leaves the country with no agreement, and leaves the rest of the world like the United Kingdom, France,...
JAKARTA (TheInsiderStories) –  The Indonesian government efforts to encourage investor interest have not been maximized as reflected in investment performance, which only recorded moderate growth over the last couple of years. Only investment in digital sector that has shown significant growth. The Investment Coordinating Board of Indonesia (BKPM) reports that...

Latest article

Japan’s Chiyoda Wins Pre-FEED Contract of INPEX’s Masela Block

JAKARTA (TheInsiderStories) - Consortium Japan's Chiyoda Corp., and local firm PT Synergy Engineering announced has been won a front-end engineering design (Pre-FEED) contract by...

South Korean LS Cable, AG Group Constructs Electric Cable Plant in Indonesia

JAKARTA (TheInsiderStories) - South Korean company LS Cable & System and local conglomeration company Artha Graha Group (AG Group) through its unit PT Artha Metal Sinergi...

Election to Drive Indonesia’s Manufacturing Sectors

JAKARTA (TheInsiderStories)—Industry Minister Airlangga Hartarto on Tuesday (19/08) expressed confidence that the election will drive manufacturing activities that eventually boost economic growth in the third quarter...

Japan’s Tokio Marine Acquires Australian IAG’s Indonesia, Thailand Insurance Firm

JAKARTA (TheInsiderStories) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance...

Japan’s Trade Balance Deficit in May

JAKARTA (TheInsiderStories) - Japan’s trade balance turned out a deficit of JPY578 billion (US$ 5.2 billion) in May on a non-seasonally adjusted basis, a...

Market Update: Asian Markets Continues Weakening

JAKARTA (TheInsiderStories) - Asian stock markets extended losses today dragged of a trade war rebounded and weakening of oil prices. In the local market Indonesian government...