Integra Indocabinet to raise up to Rp848b via IPO
JAKARTA (TheInsiderStories) – PT Integra Indocabinet Tbk, a furniture producer, aims to raise fresh funds between Rp565-Rp848 billion through selling 35 percent of its shares or 2.69 billion unit...
Moody’s changes outlook for Indonesian banking system to positive from stable
Moody's Investors Service has changed its outlook on the Indonesian banking system to positive from stable, reflecting their view that banks will see improvements in their operating environment, asset...
Qatar, Major Issue but Not A Factor
JAKARTA (TheInsiderStories) - The heating of political tension in the Middle East marked by the decision of several Arab countries (Saudi Arabia, the United Arab Emirates/UAE, Bahrain, Egypt) to cut diplomatic...
Chinese JD.com in talks to acquire major stake in Tokopedia
JAKARTA (TheInsiderStories) - One of Chinese largest online retailer JD.com Inc.(NASDAQ: JD) is in talks to acquire a major stake in one of Indonesian marketplace operator Tokopedia. Sources indicate JD will invest...
Perusahaan Gas Negara sets capex US$500 million in 2017
JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million for this year, said a...
Bumi Resources Minerals sell Dairi Prima to China Nonferrous
JAKARTA (TheInsiderStories) -Gain and Win Pte. Ltd, an affiliated of PT Bumi Resources Minerals Tbk (IDX: BRMS) sell 51 percent shares of zinc-lead silver mining unit PT Dairi Prima Mineral to...
Bank Bukopin to launch rights issue
JAKARTA (TheInsiderStories) - PT Bukopin Tbk plans to launch rights issue with maximum limit of 30 percent of the company's total shares, or 2.725 billion unit shares out of...
Lippo reveals plan to develop Rp278T new satelite city Meikarta in West Java
JAKARTA (TheInsiderStories) - Lippo Group on Thursday (May 4) revealed its plan to develop new satellite town in West Java, on the Jakarta-Bandung corridor, with estimated investment of Rp278...
Bank Indonesia holds the benchmark rate at 4.75%
JAKARTA (TheInsiderStories) - Bank Indonesia hold its benchmark rate at 4.75% to maintain macroeconomic and financial stability as well as to support domestic economy recovery amid global volatility risks.
"Board...
HK Realtindo developing 3 new property projects worth Rp1.9 trillion
JAKARTA (TheInsiderStories) - State owned property firm PT HK Realtindo, a subsidiary of state owned construction company PT Hutama Karya, has acquired a total of 80 hectares of land...
