Indonesia forex reserve stood at US$124.95 billion in May
JAKARTA (TheInsiderStories) - Indonesia’s foreign exchange (forex) reserve stood at US$124.95 billion as of end-May 2017, higher than the end of April 2017 at US$123.25 billion thanks to foreign exchange earning...
ADB to disburse US$600m loan for irrigation system in Indonesia
JAKARTA (TheInsiderStories) - The Asia Development Bank (ADB) will disburse loan US$ 600 million to improve its irrigation system in Indonesia. ADB said in a press statement, that the program will...
PLN issue bonds, Sukuk Ijarah Rp10 trillion
JAKARTA (TheInsiderStories) - The state-owned power producer PT Perusahaan Listrik Negara (PLN) issue bonds and Sukuk Ijarah with a target of Rp10 trillion (US$757.58 million) to meet the investment needs...
AirAsia, Everbright, Henan government set up LCC service in Tiongkok
JAKARTA (TheInsiderStories) - AirAsia Berhad signed the memorandum of understanding (MoU) with Everbright and Henan Government Working Group to develop low cost carrier (LCC) in Tiongkok. The third parties will establish joint venture...
Japan’s current-account surplus narrows in May; steady surplus likely to continue
By Harumi Taguchi, Principal Economist, IHS Markit
Key Points:
Japan’s current account surplus declined 5.7% year on year (y/y) to JPY1.7 trillion (USD145 billion) in May on a non-seasonally adjusted basis,...
Indonesia Recorded Inflation of 0.22 Percent in July 2017
JAKARTA (TheInsiderStories) - Indonesia recorded Consumer Price Index (CPI) of 0.22 percent in July 2017 as shrinking of inflation pressure after Ramadhan and Eid al-Fitr, Central Bureau of Statistics...
Indonesia Household Spending is Struggling But Good for the Long Term
JAKARTA (TheInsiderStories) - The weakening of people's purchasing power is now a concern. The economic recovery process expected to start this year have not been reflected by strong household spending.
In...
Kioson Becomes the First E-Commerce Player Listing in IDX
JAKARTA (TheInsiderStories) - PT Kioson Komersial Indonesia, an online-to-offline (O2O) e-commerce company, announced it will conduct an initial public offering (IPO) as the first startup to run on the Indonesia Stock...
AKR Corporindo to issue Rp1 trillion of bonds
JAKARTA (TheInsiderStories) - PT AKR Corporindo Tbk (IDX:AKRA), a leading fuel and chemical supply chain company, announced its plan on Monday (May 8) to issue Rp1 trillion worth of...
Indofood issues Rp2 trillion bonds
JAKARTA (TheInsiderStories) - PT Indofood Sukses Makmur Tbk (IDX:INDF) announced on Tuesday (May 23) of its plan to issue fixed-rate five year bonds worth Rp2 trillion, called Indofood Sukses Makmur...
