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BI Keeps Key Rate Steady While Easing Reserve Requirement for Banks

Jakarta. Bank Indonesia, the country's central bank, maintained its key interest rate steady on Thursday (18/01) and pledged to speed up plans to ease...

Minister Urges ‘Unicorn’ Startup IPO in Local Stock Exchange

JAKARTA (TheInsiderStories) - Minister of Communications and Informatics Rudiantara expects the Indonesia Capital Market Authority, in this case the Financial Services Authority, to issue regulations...

China’s Economy Grew 6.9% in 2017

JAKARTA (TheInsiderStories) – China’s economy grew 6.9 per cent in 2017, the fastest since 2015 even as policymakers made headway towards curbing financial risk...

Govt Gets $27M per Year from Contracts Amendment

JAKARTA (TheInsiderStories) – The Indonesian government will be paid an additional US$27 million per annum following the signing of 19 contract amendments with mining...

Korea MBG to Construct $5.32B Nickel Smelter

JAKARTA (TheInsiderStories) – South Korean Made By Good (MBG) Group, operating through its Indonesian subsidiary PT MBG Nikel Indonesia, is in the process of...

Steel Production of Krakatau Posco Meets 10 MT Target

JAKARTA (TheInsiderStories) - PT Krakatau Posco, an integrated blast furnace steel mill owned by PT Krakatau Steel Tbk (IDX: KRAS) and South Korean steelmaker Posco Iron...