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Desk Editor Insider

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Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) noted that the inflows of foreign capital to the Indonesian market until Feb. 21, 2019 reached Rp 45.9 trillion (US$ 3.27 billion), the Governor Perry Warjiyo said today...

Indonesia’s FIFAstra to Issues US$1.67M Bond

JAKARTA (TheInsiderStories) – Indonesian leasing company, PT Federal International Finance (FIF), which is known for its brand name FIFAstra, will enter capital market to issue Rp 2.36 trillion (US$167 million) bond. The bonds will be issued in...

Indonesia’ TCash Officially Changes to LinkAja Today

JAKARTA (TheInsiderStories) – The Indonesian electronic money (e-money) service TCash officially changes to LinkAja, as an electric payment (e-payment) instrument belonging to the State-owned Bank Association and cellular operator, PT Telekomunikasi Selular (Telkomsel) today. But, the...

Indonesia has Released State Bonds US$8.75B in January

JAKARTA (TheInsiderStories) - Indonesian government has released government bond with total amount Rp122.5 trillion (US$8.75 billion) or 34.1 percent of the 2019 State budget targets. The funds will used to cover budget deficit in this...

Bitcoin, Digital Gold Officially Traded in Indonesia

JAKARTA (TheInsiderStories) – Bitcoin and digital gold officially traded in Indonesia under certainty. Commodity Futures Trading Regulatory Agency (CoFTRA) has issued four regulations related to crypto-currencies and digital gold after existed in Indonesian market. The...

FFR Tends to be Dovish, BI Maintained Interest Rate

JAKARTA (TheInsiderStories) - Board governor of Bank Indonesia (BI) decided to maintain a 7 day Reverse Repo Rate (BI 7-DRR) at 6 percent, a Deposit Facility interest rate of 5.25 percent, and a Lending...
Indonesia to Set Up Telco's Industry Consolidation

Indonesia to Consolidates Telco Companies Amid Technology Changes

JAKARTA (TheInsiderStories) – Indonesian government is planning to consolidate telecommunication companies to only three players left, said one executive yesterday (02/20). Currently, there are still five telecommunications industry players in the country. President Director of...

Indonesia’s Bank Central Asia Eyes Bank Royal

JAKARTA (TheInsiderStories) - After preparing for almost three years, PT Bank Central Asia Tbk (IDX: BBCA) will soon completed the acquisition a small lender PT Bank Royal Indonesia. This year, one of the largest...

Japan’s Trade Deficit Widened in January as Exports to Asia Declined Sharply

JAKARTA (TheInsiderStories) - Japan’ trade deficit widened faster than expected by 49.2 percent to JPY1.4 trillion (US$13 billion) in January on a non-seasonally adjusted basis. The trade deficit also expanded by 67.1 percent month on...
Indonesia's SMI Seeks Funding US$ 571M This Year

Indonesia’s SMI Seeks Funding US$ 571M This Year

JAKARTA (TheInsiderStories) - Indonesian state-owned infrastructure funding company, PT Sarana Multi Infrastruktur (SMI) plans to raise Rp 8 trillion (US$ 571.42 million) in funding through SUKUK, bilateral and multilateral loans for this year, said...