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Indonesia’s AP II Prepares Capex US$758M in 2019

JAKARTA (TheInsiderStories) - Indonesia’s state-owned operator PT Angkasa Pura II (AP II) allocated Rp11 trillion (US$758.62 million) for next year’s capital expenditure (capex), said the senior...

GlobalData: 49 Crude Oil, Natural Gas in SEA to Start Operations by 2025

JAKARTA (TheInsiderStories) - Global Data reported, in Southeast Asia, a total of 49 key crude oil and natural gas projects are expected to start operations...

Morning Briefing: Indonesian Gov’t to Spend US$113B in 2019

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government to spent Rp1,634.3 trillion (US$112.71 billion) next year, said President Joko Widodo while gave the budget execution lists at...

Indian Rupee Plummeted to a One-month Low Followed Patel Resignation

JAKARTA (TheInsiderStories) - Followed the resignation of governor Reserves Bank of India (RSI), Urjit R. Patel on Dec. 10, Rupee slumped one-month low level to 72.42...

Tanoesoedibjo’s Company Under Contest by French, Hong Kong Investors

JAKARTA (TheInsiderStories) — Indonesian tycoon Hary Tanoesoedibjo’s under largely integrated media company PT Global Mediacom Tbk (IDX: BMTR), is now being contested by two foreign...

Singapore’s Great Eastern to Acquire 100% of QBE Indonesia Shares

JAKARTA (TheInsiderStories) - Singapore' Great Eastern Holdings Ltd., through its unit, Great Eastern General Insurance Ltd., has entered into a sale and purchase agreement...