JAKARTA (TheInsiderStories) - Indonesian billionaire Sri Prakash Lohia through IRC Agrochemicals Private Ltd. plans to buy Indian's Tata Chemicals Ltd's phosphatic fertiliser business for Rs375 crore (US$58.05 million). The deal is expected to close by February 28, 2018. It is not clear whether IRC Agrochemicals will also acquire Tata Chemicals' 33 percent stake in...
JAKARTA (TheInsiderStories) – Good Morning. We provide several important news items that might help your business decisions today, as follows: Gov't Decision on Designated Stickers for Online Taxi This Week Transportation Minister Budi Karya Sumadi said that the regulation on designated stickers for online taxis will be discussed this week. In a meeting...
JAKARTA (TheInsiderStories) - Philippine infrastructure conglomerate Metro Pacific Investments Corporation, through its unit Metro Pacific Tollways Corp (MPTC), is expanding into Indonesia, the home turf of its principal shareholder, Salim Group. Metro Pacific told the Philippine Stock Exchange on Monday that its tollway arm – Metro per cent Pacific Tollways -- had...
JAKARTA (TheInsiderStories) - Asia Pacific Economic Cooperation (APEC) has gone a long way since its inception, and the member economies have been able to make substantial progress in many areas. For nearly three decades, APEC has contributed to sustaining growth and advancing economic integration in the Asia-Pacific region, created millions...
JAKARTA (TheInsiderStories) – Singapore’s retail group Metro Holdings and Lee Kim Tah Group's wholly-owned Shawco, have inked a master agreement with Indonesian-based company Trans Corp, a subsidiary of diversified group CT Corp found by tycoon Chairul Tanjung, to jointly develop, market and sell five 32-storey residential towers in Bekasi in the outskirt of...
JAKARTA (TheInsiderStories) – Indonesia’s economic growth over the third quarter of 2017 reached 5.06 per cent or relatively steady compared to 5.01 per cent in the same period last year, supported by the household and government government spendings, Statistics Indonesia announced. Cumulative the economic growth for nine Months (9M) stood...
JAKARTA (TheInsiderStories) – While struggling to overcome multiferous accumulated economic challenges, Indonesia is currently entertaining a tremendous dream of becoming an advanced country by 2045 – when the nation celebrates its 100th anniversary. Having been classified a ‘middle-income country’ since the early 1990s, Indonesia will reortedly need some 30 years...
Singapore -- Moody's Investors Service has assigned a first-time B1 corporate family rating (CFR) to Sawit Sumbermas Sarana Tbk (P.T.) (SSMS). At the same time, Moody's has assigned a backed senior unsecured bond rating of B1 to the proposed notes to be issued by SSMS Plantation Holdings Pte. Ltd., a wholly owned subsidiary...
JAKARTA (TheInsiderStories) - Indonesia conglomerate company Salim Group through its unit KMP Private Limited, an investment holding company based in Singapore, set up a joint-venture (JV) integrated poultry farming project in Indonesia with Malaysian CAB Cakaran Corp, Bhd. The construction of the entire farm will take up to five years. The Indonesian operations...

Daily Briefs  – Nov 6

JAKARTA (TheInsiderStories) – Good Morning, we provide several important news that might help your business decisions today, as follows : Becakayu Toll Road Officially opened President Joko Widodo on Friday officiated the operation of the Bekasi-Cawang-Kampung Melayu (Becakayu) toll road sections 1B-1C, whose construction was halted for 20 years. The 1B and 1C Becakayu toll...

Latest article

Ophir Shareholders Accepts Indonesia’s Medco Proposal

JAKARTA (TheInsiderStories) – British energy producer, Ophir Energy Plc finally agreed on PT Medco Energi International Tbk (IDX: MEDC)’ offers, after months of negotiations....

Insight: Measuring Brexit Impact on Indonesian Economy

JAKARTA (TheInsiderStories) - Brexit crisis deepens amid the delay of implementation and no light yet over how the agreement would end. Presenting the spirit...
Indonesia Targets Honda Motor’s Exports worth US$1.8 B in 2021

Honda Motor Targets Exports US$1.8B from Indonesia in 2021

JAKARTA (TheInsiderStories) – One of the car maker in Indonesia, PT Honda Prospect Motor (HPM) eyes export with worth of US$1.8 billion in 2021, said...

LIPI Calls the Potential of Very Large Voter Migration

JAKARTA (TheInsiderStories) - Researcher from Lembaga Ilmu Pengetahuan Indonesia (LIPI), Aisyah Putri Budiatri, reminded the potential for voters migration ahead of the election day on...
Widodo-Amin Combines Java, Subianto-Uno Attracts Sub-Urban Voters

Widodo-Amin Combines Java, Subianto-Uno Attracts sub-Urban Voters

JAKARTA (TheInsiderStories) – Public campaign for 2019 President and Vice President candidates has entered its second day on Monday (03/25). If the Joko Widodo-Ma'ruf...
Indonesian Minister of Agrarian Reported to Police

Minister Agrarian of Indonesia Reported to Police

JAKARTA (TheInsiderStories) - A number of non-profit organizations incorporated in the Civil Society Coalition reported the Indonesian Minister of Agrarian Spatial Planning Sofyan Djalil...