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Sunday, February 25, 2018
JAKARTA (TheInsiderStories) Indonesian state-controlled port operator PT Pelabuhan Indonesia III (Pelindo III) is considering selling up to US$1 billion of bonds in 2018 to strengthen its equity and enable refinancing. President Director I Gusti Ngurah Askhara Dana Diputra, popularly known as Ari Askhara, has an in-depth experiences in financial-related positions after...
JAKARTA (TheInsiderStories) - PT Indosat Tbk (ISAT), the second-largest telecom player in Indonesia, reported 29 per cent growth in net profit, at Rp1.09 trillion (US$81.34 million) for Jan-Sep 2017, compared to the same period last year, supported by better revenues and higher cost efficiency. The company's revenues rose 4.8 per...
JAKARTA (TheInsiderStories) - Sriwijaya Air, the third-largest airline in Indonesia, has decided to postpone its initial public offering (IPO) on the Indonesia Stock Exchange, moving to 2018 from an initial target set by the company for 2017. Chandra Lie, President Director of Sriwijaya Air, has admitted the airline needs more...
JAKARTA (TheInsiderStories) - Indonesia, with the world’s fourth-largest population, has an aggressive goal to increase the share of renewable energy in the country’s energy mix to 23 percent by 2025. With its overall potential to generate 788,000 megawatts (MW) through new and renewable energy, Indonesia is expected to serve as...
JAKARTA (TheInsiderStories) – Indonesia currently draws the interest of global investors along with China and India, after S&P upgraded Indonesia’s rating to investment grade, an improvement of global competitiveness index rank to 36, as well as most recently a jump of 19 points in the ease of doing business performance to...
JAKARTA (TheInsiderStories) - Muhamad Chatib Basri, a former Minister of Finance of Indonesia and Chairman of the Indonesian Investment Coordinating Board describe his view on East Asian economy situation. The Senior Lecturer at the Department of Economics of University of Indonesia sees a new trend in global economy. To know...
JAKARTA (TheInsiderStories) - The Government of Indonesia has announced 10 new destination brands, in support of the Wonderful Indonesia campaign, in the attempt to attract 15 million foreign tourists in 2017 and 20 million in 2018. The 10 destinations are Bandung, Bali, Jakarta, Riau Islands, Joglosemar (Yogyakarta, Surakarta and Semarang),...

Latest article

PDIP Declares Joko Widodo as Presidential Candidate

JAKARTA (TheInsiderStories) - The Indonesian Democratic Party of Struggle (PDIP) has officially declared the incumbent President Joko Widodo as presidential candidate in the 2019...

Indonesia to Boost Aluminum Production to 2 MTPA

JAKARTA (TheInsiderStories) – The Indonesian government will continue to encourage higher national aluminum production, shooting at a figure of 1.5-2 million tons per annum...

Indonesia Issues $1.25B First Green Sukuk Bond

JAKARTA (TheInsiderStories) - Indonesia Ministry of Finance has issued a US$1.25 billion of five-year green bond on Friday (23/2), which is designed to comply...

India Lifts Anti-Dumping Duties for Indonesian Melamine

JAKARTA (TheInsiderStories) - Indian authorities have rescinded anti-dumping import duty on Indonesian melamine products, after discovering that there was no link between the imported...

Pwc: Global Economic Crime Hits Record Levels

 49% report their company suffering fraud in last two years, up from 36% in 2016  The majority of external perpetrators (responsible for...

Govt Vows No Electricity Tariff Hike Until 2019

JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability,...