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Medco Power Indonesia will Increase Power Supply in Riau

JAKARTA (TheInsiderStories) – PT Medco Power Indonesia (MPI), engaged in the power sector, will increase power supply up to 275 megawatt in Riau, said...

Creditor of Indonesia’s Express Requests Delay of Payment

JAKARTA (TheInsiderStories) - Mitra Krakatau Pension Fund, one of indonesian taxi operator PT Express Transindo Utama Tbk (IDX: TAXI), requested a postponement of debt...

Trade War Benefit, Indonesia to Process US$1B Investment in Batam

JAKARTA (TheInsiderStories) — As a consequence of the United States (US) and China trade tariff wars, huge investment is on its way to enter...

Indonesia’s Deposits Rate Possibles to Escalate in 2019

JAKARTA (TheInsiderStories) - Indonesia' deposit rates has potentially to increase due to the possibility of a benchmark rate hike in 2019, said Deposit Insurance Corporation...

Tangled in Debt, Indonesia’s Bakrie & Brothers Executes US$647M from MCB, Private Placement

JAKARTA (TheInsiderStories) — Indonesian holding company, PT Bakrie & Brothers Tbk (IDX: BNBR) raised Rp9.38 trillion (US$646.89 million) from private placement and mandatory convertible...

Kotjo Sentenced Over than 2 Years Prison over Indonesia’s Riau-1 Corruption

JAKARTA (TheInsiderStories) — Blackgold Natural Resources Ltd., Johannes Kotjo was found guilty in the Riau-1 Power Plant bribery case, involving several government and state-owned...