Insight: Questioning Trump's Denuclearization Commitment
JAKARTA (TheInsiderStories) – United States (US) is considering setting up a diplomatic office in North Korea, a symbolic move that could show how relations between Washington and Pyongyang have seriously begun to thaw while the two sides negotiate to curtail Pyongyang’s nuclear and missile forces, according to a Trump...
JAKARTA (TheInsiderStories) - Trans Corpora (Trans Corp), unit of conglomeration company CT Corpora (CT Corp) get loans US$275 million from International Finance Corporation (IFC), to support the business development of in retail, tourism and property sectors throughout Indonesia. In a written statement on Monday (02/18), IFC said, that the investment would be used...
JAKARTA (TheInsiderStories) - Indonesian government will review import tax after get protest from the importers. The import tax on more than a thousand products is considered giving negative impact, especially for importers who use the products to be exported, the associations said. Last year, the government revealed a list of 1,147 items slapped...
JAKARTA (TheInsiderStories) – Indonesian energy producer, PT Pertamina Hulu Energi (PHE) to manage the Maratua Working Areas located in Berau District, East Kalimantan Province, after signed the Cooperation Contract of Production Sharing  with the Special Work Unit and Oil and Natural Gas signed in Jakarta, on Monday (02/18). According to Managing...
JAKARTA (TheInsiderStories) – Indonesia Energy and Mineral Resources (EMR) ministry just signed an agreement over the third stage of oil and gas blocks auction. The agreement was signed by Special Task Force for Upstream Oil and Gas Business Activities chief Dwi Sutjipto and the blocks contractors on Monday (02/18). The...
JAKARTA (TheInsiderStories) – State-owned port operators, PT Pelabuhan Indonesia (Pelindo) I, II, III, and IV signed a framework of implementing Equipment Sub-holding Transformation Board for Pelindo Incorporated in Jakarta, on Monday (02/18). The transformation board will work to ensure the plan to form Pelindo Incorporated in the near future. Pelindo...
JAKARTA (TheInsiderStories) - Indonesia' Financial Service Authority (FSA) planned to establish investor protecting body in order to shield retail investors, said the official on Monday (02/18). The reasoned, many investors faced difficulties to claim loss after get recommendation from the fund manager. The agency has an idea from United States (US) experienced...
Moody's Assigns First-Time Baa2 to Indonesian Adira
JAKARTA (TheInsiderStories) – Moody's Investors Service has assigned first-time Baa2 local and foreign currency issuer ratings to Adira Dinamika Multi Finance Tbk (Adira). The issuer outlook is stable, said Moody's senior analyst last week. Moody's assumes that Baa2 ranks three levels higher than Ba2 Adira's independent credit profile, because of...
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) aimed to use Global SUKUK as an underlying for SUKBI or Sovereign Sukuk-Backed Securities, in order to deepen financial market and ensure financial stability, said the official today (02/18). The reasoned, said Executive Director for Monetary Management at BI Nanang Hendarsah, causde Sharia bond has...
JAKARTA (TheInsiderStories) – Presidential Candidate' Prabowo Subianto promised to make Indonesia independent and reduce dependence on imports through a policy of self-sufficiency in food, energy and water. While the incumbent Joko Widodo will continue the strategic programs in the fields of infrastructure, energy, food and environment, which have begun...

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Indonesia Plans to Complete the Unclear Regulations on Agricultural VAT

Indonesia Plans to Complete the Unclear Regulations on Agricultural VAT

JAKARTA (TheInsiderStories) – The government plans to discuss the impact of policies related to the discourse on the elimination of Value Added Tax (VAT)...
Indonesia to Completes Korea's CEPA This Year

Indonesia to Completes Korea’s CEPA This Year

JAKARTA (TheInsiderStories) – Indonesian government continues to boost the process of ratifying trade agreements with other countries. This year, the government intends to finalize...
China's Current Account Surplus in Q4 2018 by Strong Exports

China’s Current Account Surplus in Q4 2018 by Strong Exports

JAKARTA (TheInsiderStories) – China posted a current account surplus of US$ 54.6 billion in the fourth quarter (Q4) of 2018, a 134.3 percent increase...
Moody's Revises Bumi Resources' Ratings Outlook to Negative

Moody’s Revises Bumi Resources’ Ratings Outlook to Negative

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B3 corporate family rating (CFR) for PT Bumi Resources Tbk (Bumi). At the same time, Moody's has...
Indonesia' Maybank will Issue Bonds of US$ 71.42 M

Indonesia’ Maybank will Issue Bonds of US$ 71.42 M

JAKARTA (TheInsiderStories) - PT Bank Maybank Indonesia Tbk (IDX:BNII) plans to issue bonds  around Rp1 trillion or US$ 71,42 million in second half of...
Insight: Questioning Trump's Denuclearization Commitment

The US Wants to Set Up a Liaison Office in North Korea

JAKARTA (TheInsiderStories) – United States (US) is considering setting up a diplomatic office in North Korea, a symbolic move that could show how relations...