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Jakarta
Saturday, February 24, 2018
JAKARTA (TheInsiderStories) – The Joko Widodo government’s ambitious program to develop 35 gigawatt (GW) of power plants within five years is most likely falling behind target (as widely anticipated), judging from current progress. In fact, only 20 GW are projected to commence commercial operation by 2020. Meanwhile, the development of...
JAKARTA (TheInsiderStories.com) - Entering 2018, Indonesia is openly speculating about what is popularly dubbed the 'year of politics'. The times ahead will be occupied by the 2018 simultaneous regional elections and the presidential election and many policies that tend toward populism are expected to emerge during these two years. A...
JAKARTA (TheInsiderStories) - Firm economic growth and persistent low real interest rates will continue to drive occupier and investment property markets in Asia this year according to Colliers International (NASDAQ: CIGI; TSX: CIGI), in its Asia Market Snapshot 4Q 2017 report. With robust economic growth and low real interest rates set...
Singapore -- Moody's Investors Service has assigned a first-time B2 corporate family rating (CFR) to Sulfindo Adiusaha (P.T.). At the same time, Moody's has assigned a B2 rating to the proposed senior unsecured notes due 2023. The notes will be issued by Sulfindo and guaranteed by its 95%-owned subsidiary, Merak Energi Indonesia (P.T.) (MEI). The...
JAKARTA (TheInsiderStories) – The long-drawn-out negotiations between the Indonesian government and U.S. miner Freeport McMoRan Inc. (NYSE: FCX) has resulted in absolutely no progress, although the deadline for conclusion of the negotiations has been extended several times. The principles agreed so far are in my opinion a bad deal, as...
APEC business investments increasing – Vietnam popular destination for new funds 63% of APEC CEOs expect global footprint to expand in next three years  Concern rising on potential restrictions on labour mobility and movement of goods 58% of CEOs investing in automation JAKARTA (TheinsiderStories) – Confidence in...
JAKARTA (TheInsiderStories) - Indonesian government officials have revealed that all e-commerce transactions that are concluded in Indonesia will become subject to import tariffs in the near future. At the same time, the government plans to lower the threshold of duty-free imports from US$ 100 to US$ 75. The ruling is...
JAKARTA (TheInsiderStories) – PT Perusahaan Gas Negara Indonesia Tbk (IDX:PGAS) is expected to approve the establishment of an oil & gas holding company at its extraordinary shareholders meeting later today (25/01); this will pave the way for setting up a legal entity. The establishment of an oil & gas holding...
Singapore -- Moody's Investors Service says that credit conditions in Asia will be stable in 2018, supported by broad-based regional and global economic growth, a recovery in global trade, and broadly accommodative monetary policy. Moody's view is in turn reflected in its outlooks for the region's sovereigns, and banking and corporate sectors, which saw...
JAKARTA (TheInsiderStories) – Indonesia’s  ‘Ease Of Doing Business’ (EODB) ranking has jumped 19 points in 2018, to 72, thanks to a number of policy reform packages issued by the Joko Widodo government. However, the improvement was not really enough. More work is needed. The President wants to see a complete overhaul of...

Latest article

PDIP Declares Joko Widodo as Presidential Candidate

JAKARTA (TheInsiderStories) - The Indonesian Democratic Party of Struggle (PDIP) has officially declared the incumbent President Joko Widodo as presidential candidate in the 2019...

Indonesia to Boost Aluminum Production to 2 MTPA

JAKARTA (TheInsiderStories) – The Indonesian government will continue to encourage higher national aluminum production, shooting at a figure of 1.5-2 million tons per annum...

Indonesia Issues $1.25B First Green Sukuk Bond

JAKARTA (TheInsiderStories) - Indonesia Ministry of Finance has issued a US$1.25 billion of five-year green bond on Friday (23/2), which is designed to comply...

India Lifts Anti-Dumping Duties for Indonesian Melamine

JAKARTA (TheInsiderStories) - Indian authorities have rescinded anti-dumping import duty on Indonesian melamine products, after discovering that there was no link between the imported...

Pwc: Global Economic Crime Hits Record Levels

 49% report their company suffering fraud in last two years, up from 36% in 2016  The majority of external perpetrators (responsible for...

Govt Vows No Electricity Tariff Hike Until 2019

JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability,...