29.6 C
Jakarta
Friday, July 20, 2018
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...
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...
Singapore -- Moody's Investors Service says that funding for infrastructure projects in Asia will demonstrate increasing diversity. The rating agency reported growing funding diversity to bridge infrastructure funding gap recent precedent-setting capital markets transactions illustrate the evolution of infrastructure investment in Asia. These transactions were very well received by the market...

Latest article

Outdated Power Sector Threatens Indonesia’s Industry 4.0 Aspirations

JAKARTA (TheInsiderStories)--The outdated technology utilised in Indonesia's electricity sector could dent the government's aspiration to kickstart the fourth industrial revolution, also known as Industry...

Yuan Depreciation Reduces Trade War Impacts for Chinese Exporters

JAKARTA (TheInsiderStories)--the significant depreciation of the Chinese yuan against the US dollar from around CNY 6.28 in mid-February to CNY 6.80 on 20 July...

AirAsia X Orders 66 Airbus A330neo for US$296.4M

JAKARTA (TheInsiderStories) - AirAsia’s long-haul affiliate, AirAsia X, has placed an order with Airbus for an additional 34 units of A330neo widebody aircraft, said the...

Policy Review: Electricity Subsidy Swells to US$4B, Hit PLN’s Finances

JAKARTA (TheInsiderStories) - Indonesia government projected the electricity subsidies will swell to Rp59.99 trillion (US$4.18 billion) from the initial budget that has been targeted in...

Morning Briefing: BI’s Policy Not Able to Moves the Market

JAKARTA (TheInsiderStories) - Good morning. Bank Indonesia (BI) move to maintained BI 7-Day Reverse Repo Rate (BI-7DRR) at 5.25 percent does not provide fresh air to...

Bank Indonesia Keeps Policy Rate Unchanged

JAKARTA (TheInsiderStories)--Bank Indonesia decided to hold its benchmark seven-day reverse repo rate at 5.25 per cent on Thursday (19/07) to keep the Indonesian financial...