29 C
Jakarta
Wednesday, June 20, 2018
JAKARTA (TheInsiderStories)--Moody's Investors Service has today assigned a provisional foreign currency senior unsecured programme rating of (P) Baa2 to the new samurai shelf programme by the Government of Indonesia. The shelf programme was filed under the Japanese shelf registration process on May 15th, and the overall amount of the new...
Lausanne, Switzerland –   The top five most competitive economies in the world remain the same as in the previous year, but their order changes, the IMD World Competitiveness Rankings says in their latest report. The United States (U.S) returns to the first spot, followed by Hong Kong, Singapore, the...
JAKARTA (TheInsiderStories)— While the Indonesian government had set a 20 per cent mandatory allocation of the state budget to education, it remains to be seen whether this will have a meaningful impact on the ambition to ride on the fourth industrial revolution. Indonesia always relies on the cheap labors in...
JAKARTA (TheInsiderStories)- Rising oil price will bring positive impact to the oil and gas investment and higher state revenue, but on the other hand, it could increase subsidy spending. International oil prices surged into the highest level since November 2014, driven by concerns over a shortage risk in Venezuela production...
JAKARTA (TheInsiderStories) - Indonesia has enacted regulation on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a maximum threshold for foreign ownership of an Indonesian insurance company of 80 per cent. Insurance companies that are currently subject to foreign ownership in excess of...
JAKARTA (TheInsiderStories) - For the umpteenth time PT Freeport Indonesia's (PTFI) share divestment agreement drag on for unexplained reasons. Earlier President Joko Widodo optimistic PTFI divestment could be completed in April since have been taking place in early 2017. Instead of meeting the Widodo's targets the Ministry of Energy and Mineral Resources (EMR) has issued an...
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 has always factored its cheap labor as the main driver in its efforts of generating investments into its textile industry. So much it has been hyped that it has seemingly made the country too complacent and forgot other important factors. Based on data collected by TheInsiderStories, Indonesia has...
JAKARTA (TheInsiderStories) - After hold its benchmark since 2014, Bank Indonesia (BI) decided raised its benchmark rate 25 basis points (bps) to 4.50 percent after the rupiah sinks to the record low at Rp14,200 per U.S dollar. We believed this policy be taken to maintain Indonesia's economic stability and is in line with market...
JAKARTA (TheInsiderStories)—The investments in the upstream oil and gas sector during the period of January-April 2018 had been significantly increasing, along with the steady rise of oil prices at the global market that had reached more than US$70 per barrel recently. Based on data from the Upstream Oil and Gas...

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...