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Linda Silaen

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The Insider Stories Founder Linda Silaen has a solid, proven history, established over more than a decade as a journalist with a leading internasional news organization, of being the first with the biggest economic news stories in Indonesia. Specializing in corporate news, Linda is also a veteran of some of the biggest macroeconomic and general news stories as Indonesia rapidly transforms into a major market economy. One of the founders of the original blog from which this company developed, Linda’s knowledge of investors’ information communications and data us developed from unrivaled networking skills that make her a well-known name among CEOs, bankers, government officials and private equity investors both in Indonesia and other countries.

Moody’s assigns Baa2 to Pertamina’s MTN Drawdown

JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Baa2 rating to the proposed senior unsecured USD notes to be issued by Pertamina (Persero) (P.T.). The rating outlook is stable. The notes will be issued under Pertamina's US$10...

Indonesia’s Salim, Medco Invests US$530M into Singapore Hyplux

JAKARTA (TheInsiderStories) - Salim Group joined with Medco Group expand their businesses to Singapore. Its unit, Singapore based SM Investments Pte Ltd announced has signed a binding agreements to invest of S$530 million in Hyplux Group. The agreement has...

US’s Federal Reserves Give Signal to Raises Key Rate Amid Trump Critism

JAKARTA (TheInsiderStories) - Pressure on the Rupiah continued after the Federal Reserves (Fed) released a minutes of meeting, which showed that policy makers at the world’s most powerful central bank voted unanimously on rate hike path. Rupiah...

Eight Companies with a US$11B Investment Granted Tax Holiday from Indonesia

JAKARTA (TheInsiderStories) - Indonesian government granted tax holiday  to eight companies with valued Rp161.3 trillion (US$11.12 billion) investment, said one senior official on Thursday (18/10). This tax incentive given amid the country’s effort to attract...

Bribery Case May Strike Lippo Business in Indonesia

JAKARTA (TheInsiderStories) - Meikarta “Shenzen of Indonesia” project bribery case has dragged several Lippo Group’s top officials and tarnished its reputation. This chaotic situation is predicted to impact consumers trust, property marketing sales, and in the...

Indonesia’s Fuel Subsidy Swells, Deficit Remains Below 2%

JAKARTA (TheInsiderStories) - The realization of energy subsidized in the 2018's State budget until third quarter (3Q) of 2018 had exceeded the ceiling set. The realization of the energy subsidy has reached Rp54.3 trillion (US$3.7...

Indonesia Revised Down Economic Growth to 5.12% from 5.30% in 2019

JAKARTA (TheInsiderStories) - After revising the Rupiah assumption, Indonesian government also lowered the economic growth target in the 2019 state budget, to 5.12 per cent from previously 5.30 per cent. Finance Minister Sri Mulyani Indrawati attributed the...

Global Eyes on Argentine’s G20 Meeting, Amid US-China Trade War

JAKARTA (TheInsiderStories) - All eyes will go to G20 meeting in Buenos Aires, Argentina on November, amid the trade tensions between the two countries. The United States (US) President Donald Trump probably will meet Chinese...

Lippo Group’s Business Rocked by the Corruption Issues

JAKARTA (TheInsiderStories) - Shares of Lippo Group companies would see some pressures also after reports that some of its key executives were arrested on bribery charges related to the construction of mega project Meikarta and its...

Indonesia’s BUMI Pays US$167M Trance A Debt

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company in written statement on Monday (15/10). BUMI confirms having processed a...