Wednesday, July 17, 2019
Home Investor Corner

Investor Corner

JAKARTA (TheInsiderStories) - The investors' appetite to invest in the Special Economic Zones (SEZ) is high as it reached Rp221 trillion (US$16.62 billion) in the first half (H1) of 2017, said deputy for the Acceleration of Infrastructure and Regional Development of the Coordinating Ministry for Economic Affairs Wahyu Utomo. Almost 73 percent of...
JAKARTA (TheInsiderStories) - President Joko Widodo is indeed focusing on developing infrastructure in all sectors, the main capital for achieving the economic growth of minimum 7 percent, then Indonesia could reach the so-called established country status by 2025, leaving current status as the emerging country. Indonesia's economy grew by 5.18 percent in...
JAKARTA (TheInsiderStories) - Local Government of East Java through The Surabaya-Madura Regional Development Board (BPWS) offered new projects worth Rp53.1 trillion (US$4 billion) to investors, an official said on Monday (31/7). The projects located in Surabaya Madura (Suramadu) Bridge areas and Madura Special Region. One of the projects which offered...
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Ngurah Rai Airport Still Closed, 445 Flights Canceled  PT AirNav Indonesia announced Ngurah Rai International Airport shutdown extended until Wed. 29 at 07.00 AM local time. As much 445 flights have been canceled due to the eruption...
JAKARTA (TheInsiderStories) - Indonesian energy producer, PT Pertamina announced that it has commenced tender offers to purchase for cash any and all of the outstanding 2021 Notes and 2022 Notes (together with the 2021 Notes), said the company today. Previously, the state-owned company announced to offer global medium term notes to investors...
JAKARTA (TheInsiderStories) - Garuda Indonesia Group, through its subsidiaries PT Citilink Indonesia, took over the operational management of PT Sriwijaya Air and PT NAM Air, said the company on Wednesday (14/11). The agreement has been signed on Nov. 9, 2018. According to PT Garuda Indonesia Tbk (IDX: GIAA) CEO Ari...
Indonesia Negotiates Palm Oil Discrimination in Brussels
JAKARTA (TheInsiderStories) – Indonesia is mobilizing all its resources to conduct international negotiations against palm oil discrimination carried out by the European Union (EU). Today (04/08), Coordinating Minister for Economic Affairs Darmin Nasution an officially visit to the EU headquarters in Brussels, Belgium to find solutions of the polemic. The...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index closed down 0.25 percent to 6,452.61, although the index was opened with a gain of 0.26 percent at 6,485.72. In the midst of this weakening, some issuers posted the increasing of shares and others recorded declining. In addition, there were several issuers that...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed up 0.36 percent or 23.50 points to the level of 6,525.27 on Friday (03/22). On a weekly basis, the index was recorded to increase 0.99 percent to position 6,525.24. Amid this increase, there were issuers who posted the highest and lowest...
JAKARTA (TheInsiderStories) -- Indonesia government strongly opposes European Union (EU) decision to adopt the Draft Delegated Regulation, said government official on Monday (03/18). The country labelled the regulation as an outright discrimination and a disguised protectionist measure against palm oil. Moreover, Indonesia considers that EU classification on palm oil as...
JAKARTA (TheInsiderStories) - Empyrean Energy Plc, the oil and gas development company based in Australia announce that the Indonesia' Energy and Minerals Resources ministry has approved the plan of development (POD) for the Mako Gas Field at the Duyung Production Sharing Contract (PSC) in Indonesia. Empyrean has a 10 percent interest...
Indonesia Export Duty of Mining and Comodities to Rise in March 2019
JAKARTA (TheInsiderStories) – Indonesian government decides to rise the Export Benchmark Prices (EBP) of mining products and some of the commodities charged by export duty (ED) in the period of March 2019 compared to the previous month, said senior minister today (03/01). According to Director General of Foreign Trade Oke...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index on Wednesday (04/10) was closed down 0.09 percent at 6,478.33 from prior day, which was able to strengthen 0.91 percent in level of 6,484.35. Several companies also posted a decline in share prices, but several others were still able to book a boost...
JAKARTA (TheInsiderStories) – China's economy showed positive signs in the first quarter (1Q) of 2019, supported by industrial growth, accelerated revenue and lower unemployment. The economy of the world's second-largest country rose 6.4 percent in the 1Q, faster than the 6.3 percent market forecast. This figure shows China's economy...
Indonesian Government to Summon Garuda’s Auditors and Directors Next Week
JAKARTA (TheInsiderStories) – After finding irregularities in the annual financial statements of PT Garuda Indonesia Tbk (IDX:GIAA) in 2018, Ministry of Finance, Supreme Audit Agency and Indonesia Stock Exchange (IDX) planned to summon auditors and directors of the state-owned airlines. The summons was not solely to see clearly the cases...
Indonesian Govt Signs Satellite Multifunction Project
JAKARTA (TheInsiderStories) - Indonesian government and the private sector signed an agreement on cooperation, guarantee, and regress of the Multifunctional Satellite or called Satellite Republic of Indonesia (SATRIA). The project its expected began the construction at the end of 2019 help by France' satellite manufacturer France, Thales Alenia Space. This...
JAKARTA (TheInsiderStories) — A telecommunication company PT Indosat Ooredoo Tbk (IDX: ISAT) said does not break any rules on the new CEO’ appointment after TheInsiderStories reported the shareholders decision on May 6 possible break the regulation. During two years period, there has been three Indosat' CEO replacement and raised questions for...
Trump Declared National Emergency, Us Retail Sales Dropped
JAKARTA (TheInsiderStories) – Cooling tension on trade war appeared, when United States (US) President Donald Trump said he would meet Chinese President Xi Jinping late June at the G20 Summit in Japan. The higher tension between the world' largest economies, sending shivers through global markets. China on Monday (05/06), announced higher...
JAKARTA (TheInsiderStories) – The United States Central Bank Federal Reserve (The Fed) still maintains the target range for the benchmark interest rate in the range of 2.25-2.25 percent, even though the economy has increased and the labor market remains strong and inflationary pressures are muted, according to minutes of...
Indonesia Targets 18 Industrial Zones worth US$17.73 B to Operate in 2019
JAKARTA (TheInsiderStories) - Indonesian government will bring forth a policy to address the trade and current account balance, said the official on Tuesday (05/28). This was done by revising the incentives policy in Special Economic Zones (SEZ). Currently, the revision of two Government Regulations, namely Regulation Number 96 the Year...
JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned Baa2 ratings to the proposed senior unsecured dollar and/or euro-denominated notes to be issued by the Government of Indonesia (Baa2 stable). The planned drawdowns have maturities ranging from 7-10 years. According to the terms and conditions available to Moody's, the notes to be...
JAKARTA (TheInsiderStories) - Indonesian government and Japan' Inpex Corporation have signed a basic agreement regarding a revised plan of development (POD) for Abadi liquefied natural gas (LNG) project, the company' announced on Monday (06/17). The project involve the developing the Abadi gas field in the Masela Block located in the Arafura...
JAKARTA (TheInsiderStories) - Indonesia' finance minister, Sri Mulyani Indrawati, sees economic growth in the second quarter (2q) of 2019 estimated to be in the range of 5.02-5.13 percent, grew 5.07 percent from the previous quarter of 5.10 percent, the minister said in Jakarta today (06/12). "Such growth is strengthened by...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) was closed up 0.09 percent to 6,358.63 on Friday (06/28), from the previous day was closed up 0.67 percent to 6,352.71. For today, the composite index is estimated weaken to 6,325-6,370. The value of market capitalization for the week also increased by 0.68 percent...
JAKARTA (TheInsiderStories) - Indonesia' investment management company, PT Sinarmas Asset Management listed Simas Plaza Indonesia real estate investment trust (REIT) products with a total portfolio worth Rp10.4 trillion (US$732.39 million) on Indonesia Stock Exchange (IDX), Thursday (07/4). The total unit of REIT with XSPI coded is 20.80 billion units with...
JAKARTA (TheInsiderStories) - PT Huawei Tech Investment, Indonesia' unit of Chinese telecommunications giant Huawei, has the potential to increase share ownership in PT Bakrie Telecom Tbk (IDX: BTEL) due to the consequences of the company's senior debt exchange worth US$380 million with mandatory convertible bonds, said the management on...
JAKARTA (TheInsiderStories) - Cement sales of state-owned company, PT Semen Indonesia Tbk (IDX: SMGR) corrected by 4.86 percent  throughout the first half (1H) of 2019 compared to the previous year, it said on Monday (07/15). Based on the company data, until June total cement sales recorded 12.74 million tons from the...
JAKARTA (TheInsiderStories) - Indonesia regulated the Provisions of Petroleum, Natural Gas and Other Fuels export and import, in order to maintain the availability of the materials in the country. Yesterday, Trade Ministry has issued Minister of Trade Regulation Number 21 Year 2019 that have an important role in the national economy. "This regulation...
Indosat's New CEO Appointment Triggers Question
JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same time, Moody's has affirmed the company's Baa3 issuer rating. "The negative outlook reflects a weakening in Indosat's financial metrics driven by the company's plans for accelerated...
Indonesia March Inflation Rate Stands at 0.11%
JAKARTA (TheInsiderStories) – Indonesia' trade balance in February 2019 has a surplus of US$330 million. This was caused by the increase in the value of exports which reached $12.53 billion, while the value of imports dropped by 18.61 percent to $12.20 billion. Decreased of import was due to the decline in oil...

Most Recent