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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 of Banten Province. The new plant will produce bicycle and motorcycle tubes and tires. Vice President Tseng Duen-sheng explained that this plant...
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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 previous month. Ÿ Although producers’ shipments showed softer decline than production, contracting 1.1% m/m, inventories rose for the fourth consecutive month,...
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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 lure foreign businessmen to invest in Indonesia. Speaking during a business forum in Hong Kong, the President told the businesss gathering...
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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 million tons of copper concentrates per annum. The company plans to spend US$1.6 billion to develop the smelter plant, located in...
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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 its plan US$3 billion bonds issuance. "We are heading to Europe and US to market the bonds on Monday (May...
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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 implemented in a mutually-reinforcing manner to build a truly inclusive and people-oriented, people-centered ASEAN Community for the benefit of our...
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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 issued by Theta Capital Pte. Ltd. -- guaranteed by and a wholly owned subsidiary of Lippo Karawaci. At the same time, Moody's...
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Four SOEs offers asset-backed securities Rp15 trillion

BOGOR (TheInsiderStories) - Four state-owned enterprises (SOEs) will offer asset-backed securities with total amount Rp15 trillion in this year, said the minister last week. Power producer PT Perusahaan Listrik Negara (PLN) plan to raise funds with worth Rp10 trillion from the securities instrument, while PT Jasa Marga Tbk (IDX: JSMR)...
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Latest article

Car Manufacture

Indonesia’ Manufacture Produces Up To 4.07 Percent in 2018

JAKARTA (TheInsiderStories) – Indonesia' manufacture industry in 2018 rose by 4.07 percent against 2017. This was due to the increase in industrial leather production, leather...
Luky Alfirman

Indonesia Targets US$ 6B from 10 Retail Bonds Offering

JAKARTA (TheInsiderStories) - Indonesian government through the Ministry of Finance (MoF) is targeting to raised around Rp 80 trillion (US$5.67 billion) from the issuance of...

Indonesia Plans to Reviewing LCC Airplane Prepaid Baggage

JAKARTA (TheInsiderStories) – The Government plans to reviewing the pre-paid baggage policy applied by the Low Cost Carrier (LCC) airline type after finding there...

Indonesia Stock Exchange Officially Releases IDX80 LQ

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) officially releases new reference index IDX80 today (01/02). IDX80 is an index of the price of 80...
CEO GOJEK Nadim Makarim

GOJEK Completes First Round Series F Funding from Investors

JAKARTA (TheInsiderStories) – Indonesia' unicorn GOJEK just completed the first round of the Series F funding led by Google, JD.com and Tencent Holdings, Mitsubishi...

Indonesia’ Inflation Shows a Modest Increase in January 2019

JAKARTA (TheInsiderStories) – The Indonesia’ development of commodity prices in January 2019 shows a modest increase and become major contributor for the inflation. Statistic...
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