Elisa Valenta
Indonesia Passes Anti-Terrorism Law
JAKARTA (TheInsiderStories) - Indonesia passed a new law Friday (25/5) that will give police more power to take pre-emptive action against terrorism suspects in the wake of the country’s deadliest Islamist attacks in years.
The bill...
Robby Winarta Joins Carlyle Group, Aims Opportunities in SEA
JAKARTA (TheInsiderStories) - Global alternative asset manager Carlyle Group LP (NASDAQ: CG) has hired Robby Winarta, a former Credit Suisse Group AG’s Indonesia investment-banking head, as Managing Director in Asia aims to step up its activities in Southeast...
Kertajati Airport to Lift West Java Economy
JAKARTA (TheInsiderStories) - Indonesia President Joko Widodo has called the stakeholders to speed up the development of Bandar Udara Internasional Jawa Barat (BIJB), which is also known as the Kertajati Airport, to integrate with...
Indian Premier Modi to Visit Indonesia Next Week
JAKARTA (TheInsiderStories) - Indian Prime Minister Narendra Modi is all set to travel to Indonesia on May 29 in his first ever visit to the country, according to Indian Foreign Affairs Officials. The bilateral...
Indonesia Offers Mini Tax Incentives to Bolster Economy
JAKARTA (TheInsiderStories) - Indonesian government is finalizing a regulation on fiscal incentives for new investments below Rp 500 billion (approx. US$35.49 million), which are not covered in the latest tax-holiday scheme.
Under the regulation being prepared,...
Lawmakers May Pass Anti-terrorism Bill This Friday
JAKARTA (TheInsiderStories) - The House of Representatives may pass the Anti-terrorism bill on Friday (25/5), Muhammad Syafii, chairman of the special committee for the Anti-terrorism Law discussion, said.
"We will hold meetings on Wednesday and Thursday, and on Friday there will been...
Rio Tinto, Inalum, Freeport Talks on Grasberg Mines Continues
JAKARTA (TheInsiderStories) - Global miner Rio Tinto Group (ASX: RIO) said the discussion of its divestment of 40 per cent interest in the giant Grasberg copper and gold mine in Papua is still on going.
The...
Fitch Warns Rupiah’s Fall May Add Pressure to Developers with Forex Loans
JAKARTA (TheInsiderStories) - International credit rating agency Fitch Ratings said that the recent depreciation of the rupiah may add pressure to developers in Indonesia which have a large portion of loans denominated in US...
Policy Review: Govt. Affirms Cap on Foreign Ownership in Insurers
JAKARTA (TheInsiderStories) - Indonesia has enacted regulation on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a maximum threshold for foreign ownership of an Indonesian insurance company...
Indonesia Central Bank Conducts Forex Swap Auction to Strengthen Rupiah
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) will conduct three cross foreign exchange swap auctions this week, to maintain the availability of rupiah liquidity and stabilizing interest rates on the financial market.
It is been four...