Monday, September 25, 2017

 Garuda suffers net loss of $99.08m in Q1 on higher operating expenses

  JAKARTA (TheInsiderStories) - The newly appointed President Director of PT Garuda Indonesia Tbk (IDX:GIAA) Pahala N. Mansury, has one huge task on his hand, namely turning the company in...

Bakrie Group, Century Properties develop several projects in Philippine

JAKARTA (TheInsiderStories) - Indonesian conglomerate Bakrie Group and The Century Properties group is entering a joint venture with to develop several projects in the Philippines, local news agency reported. Century said...

The Insider Stories Morning Notes - JCI expected to move higher, eyes on economic...

JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today supported by capital inflow. The gains may be limited as some players are likely to await for the release...

Taiwan’s Kenda Rubber set up plant in Indonesia

JAKARTA (TheInsiderStories) - Kenda Rubber Industrial Co., Ltd., one of the two major tire makers in Taiwan, through its unit PT Kenda Rubber Indonesia has set up a plant, located in Serang...

Japan’s Industrial Production declines milder than expected in March; uptrend likely to continue

By Harumi Taguchi, Principal Economist at IHS Markit   Key Points: Ÿ Japan’s index of industrial production (IIP) fell 2.1% month on month (m/m) in March, following a 3.2% rise in the...

President Joko Widodo lures Hong Kong investors to invest in Indonesia

JAKARTA (TheInsiderStories) - President Joko Widodo met with leading investor and businessman Li Ka-Shing in Hong Kong on Monday morning (May 1) as part of his overseas visit to...

Amman Mineral’s plan to develop $1.6b smelter plant moves ahead

JAKARTA (TheInsiderStories) - PT Amman Mineal Industri, previously known as PT Newmont Nusa Tenggara (NTT) is making progress with its plan to develop smelter plant with planned capacity of 2...

PLN board conducting roadshow to market US$3b global bonds

JAKARTA (TheInsiderStories) - State electricity company PT Perusahaan Listrik Negara (PLN) board is conducting roadshow in a number of world's financial center including London and New York to market...

ASEAN’s leaders reaffirms ASEAN Community Vision 2025, discource peace in the peninsula

JAKARTA (TheInsiderStories) - Heads of State and Government of ASEAN member States reaffirmed their commitment that the ASEAN Community Vision 2025 and the United Nations 2030 Agenda for Sustainable Development will be...

Moody’s downgrades Lippo Karawaci to B1; outlook stable

Singapore, April 28, 2017 -- Moody's Investors Service has downgraded to B1 from Ba3 the corporate family rating of Lippo Karawaci Tbk (P.T.) and the senior unsecured rating of the bonds...

Latest article

Euro Slipped After Merkel’s Victory, Rupiah Pulled Back

JAKARTA (TheInsiderStories) - The Euro slipped in value on Monday, after German Chancellor Angela Merkel won a fourth term, as her party, the Christian Democrats (CU),...

Moody’s places Indika’s ratings on review for upgrade on acquisition announcement

Singapore -- Moody's Investors Service has placed on review for upgrade the B2 corporate family rating (CFR) of Indika Energy Tbk (P.T.) (Indika) and the B2...

Indika Buys into Kideco: 45% for US$677 million

JAKARTA (TheInsiderStories) - Indonesian integrated energy company PT Indika Energy Tbk (IDX: INDY) has become a majority shareholder in PT Kideco Jaya Agung, its unit....

Daily Business Briefing - Sept. 25

JAKARTA (TheInsiderStories) - Good morning. We offer you several relevant news items that might help your business decisions today. Freeport Closes Access Road to Tembagapura After Shooting...

Bank Indonesia Cuts Key Interest to Pep Reluctant Economic Mood

JAKARTA (TheInsiderStories) – Indonesia's central bank (BI) unexpectedly cuts its interest rate on Friday for a second consecutive month, in an attempt to boost sluggish...

Rini Soemarno: SOEs Holding Strong and Efficient

JAKARTA (TheInsiderStories) – State-owned enterprises (SOEs) Minister Rini Soemarno has been assigned a special task by President Joko Widodo to merge SOEs under holding...
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