JAKARTA (TheInsiderStories) - Good morning, we provide you several news that night help your business decision today : Bank Rakyat Indonesia to Split Stock 1:5 PT Bank Rakyat Indonesia Tbk (IDX: BBRI) plan to split its share with 1:5 ratio. The state-owned lender will ask permission to shareholders at Oct. 18. Following...
JAKARTA (TheInsiderStories) – Indonesia’s gross domestic product (GDP) remains strong, in line with steady growth across most developing countries in Asia, the result of a broad-based recovery in global trade, robust expansion in major industrial economies and improved prospects for China, as well as robust investment. In its latest report,...
JAKARTA (TheInsiderStories) - Jambaran-Tiung Biru (JTB) field has started up its gas processing facilities (GPF) construction today, with anticipated production capacity of 330 million metric standard cubic feet per day (MMSCFD). The new field is expected to generate US$3.61 billion in revenue. Chairman of the Special Taskforce for Upstream Oil and Gas...
JAKARTA (TheInsiderStories) – Good morning. We offer you several relevant news items that might help your business decisions today : Jokowi Officiates Bawean-Salatiga Toll Road Opening Bawean-Salatiga toll road was officially launched by President Joko Widodo on Monday (25/9). This is a section of the Trans-Java toll road that connects Semarang, capital city of Central...
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), picked up 3.25 percent of the votes in Sunday's election. The Euro was down 0.2 percent, at US$1.1930, putting more distance between a 2-1/2-year high of $1.2092 reached...
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 ratings on the $500 million backed senior secured notes issued by Indo Energy Finance II B.V. and the $265 million backed senior secured notes issued by Indika...
JAKARTA (TheInsiderStories) - Indonesian integrated energy company PT Indika Energy Tbk (IDX: INDY) has become a majority shareholder in PT Kideco Jaya Agung, its unit. On Sept. 22, the company and its wholly-owned subsidiary PT Indika Inti Corpindo entered into separate Share Purchase Agreements to acquire 45 percent of Kideco...
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 Incident PT Freeport Indonesia (FI) temporarily closed down the mine access road from Timika to Tembagapura and vice versa after the shooting incident to three units of their...
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 lending and consumption, both depressing economic growth. BI cut its benchmark seven-day reverse repurchase rate by 25 basis points last month, to 4.25 percent, following its...
JAKARTA (TheInsiderStories) – State-owned enterprises (SOEs) Minister Rini Soemarno has been assigned a special task by President Joko Widodo to merge SOEs under holding companies in six sectors, namely, mining, oil & gas, infrastructure construction, housing construction, financial services, and food commodities. Rini stated that the SOE holding company is...

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Indonesian Stock to Watch on Wednesday, March 27

JAKARTA (TheInsiderStories) - The Jakarta Composite Index closed up 0.92 percent on Tuesday (03/26) to 6,470, from the previous closing level 6,411.25. The strength of index...

Morning Briefing: Trump Give Sanction to North Korea

JAKARTA (TheInsiderStories) – Good morning! After saying a sanction will be imposed on two Chinese shipping companies accused of violating North Korea trade prohibition, United...

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...