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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...
Indonesia's Lippo Karawaci Secures Funding US$1.01B

Indonesia’s Lippo Karawaci Secures Funding US$1.01B

JAKARTA (TheInsiderStories) – Indonesia' property developer, PT Lippo Karawaci Tbk (IDX: LPKR) has secured funding around US$1.01 billion to support the businesses and pay...

Morning Briefing: Twelve Peoples Killed in Papua’s Guns Battle

JAKARTA (TheInsiderStories) – Good morning! Twelve peoples were killed in a gun battle with armed separatist rebels in Nduga Distrik in West Papua, where over...

Indonesia’s Halodoc Raises US$65M Funding Led by UOB Venture

JAKARTA (TheInsiderStories)- Halodoc, Indonesia’ leading healthcare platform, raised US$65 million in Series B funding from UOB Venture Management Private Ltd., existing and new investors, the...

Morning Briefing: EU-US will Talks on Tariff War This Week

JAKARTA (TheInsiderStories) – Good morning! The European Union (EU) will meet United States (US) official this week to get more information the trade deal...
Indonesia's BeliMobilGue Raised Series-A Funding of US$ 10 Million

Indonesia’s BeliMobilGue Raised Series-A Funding of US$10M

JAKARTA (TheInsiderStories) – The Indonesian online car sales service site, BeliMobilGue.co.id, raised funding of US$10 million led by Frontier Car Group as the holding...

Indonesia’s Pertamina Prepares Investment US$2.73B in 2019

JAKARTA (TheInsiderStories) – Indonesia' energy producer PT Pertamina budgeted investment funds of US$2.73 billion in 2019 to develop several projects across the archipelago, said one official...

Indonesia’s Tokopedia Receives New Funding of US$1.1B from Alibaba, Softbank

JAKARTA (TheInsiderStories) - One of largest marketplace operator in Indonesia, PT Tokopedia received new funding of US$ 1.1 billion from the Japan' Softbank Vision Fund...

Indonesian FinTech Firm’s Akulaku Raises US$70M Led by Chinese Finup

JAKARTA (TheInsiderStories) - Indonesian financial technology (FinTech) startup Akulaku has raised US$70 million Series C round led by Chinese's Finup, joined with Sequoia India, BlueSky Venture...

GSMA REPORT: Assigning Vital Spectrum for Mobile to Boost Indonesia’s Economy

JAKARTA (TheInsiderStories) - Indonesia is poised to become a digital powerhouse in Southeast Asia. However, this can only be fully realised if the country provides mobile...

Moka Raised US$24M Series B Led by Sequoia India

JAKARTA (TheInsiderStories) - Moka, a fast-growing Indonesian cloud-based point-of-sale system, has raised US$24 million Series B round led by Sequoia India. The round included new...

Indonesia’s Telkom Releases MTN US$103M

JAKARTA (TheInsiderStories) - Indonesia’s largest telecommunication and network provider PT Telkom Indonesia Tbk (IDX: TLKM) issued conventional and sharia Medium Term Notes (MTN) with a total value...

Alibaba’s Jack Ma met Indonesian President Joko Widodo

Bogor (TheInsiderStories) - President Joko Widodo received the visit of the founder and Executive Chairman of Chinese Alibaba Group Holding Limited (NYSE: BABA) Jack...

Indonesia’s Astra Raises Capex for Acquisition Plans

JAKARTA (TheInsiderStories) - President Director of PT Astra International Tbk (IDX: ASII) Prijono Sugiharto said this year' capital expenditure (capex) will escalate to around Rp30...

Indonesia’s Kredivo Raises Funds US$30M for Expansion in SEA

JAKARTA (TheInsiderStories) - FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia through Kredivo, has closed a US$30 million...

South Korean LS Cable, AG Group Constructs Electric Cable Plant in Indonesia

JAKARTA (TheInsiderStories) - South Korean company LS Cable & System and local conglomeration company Artha Graha Group (AG Group) through its unit PT Artha Metal Sinergi...

Japan’s Tokio Marine Acquires Australian IAG’s Indonesia, Thailand Insurance Firm

JAKARTA (TheInsiderStories) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance...

Indonesia’s Fabelio Raises Fresh Funds US$6.5M

JAKARTA (TheInsiderStories) - Fabelio.com, an Indonesian start-ups that produce home furnishings got fresh funds from local investors worth US $ 6.5 million. Based on the company's...

PayPal Joins Indonesia’s Alpha to Invest US$5M in Fintech Funding

JAKARTA (TheInsiderStories) - Indonesia's venture capital firm Alpha JWC Ventures has announced to join with global technology platform and digital payments leader PayPal Holdings, Inc....

Singapore’s Caroussel Raises US$85 M, Seeks Expansion in Indonesia

JAKARTA (TheInsiderStories) - Singapore-based e-commerce company Carousell has announced the closing of an US$85-million Series C funding round led by Rakuten Ventures and EDBI. Carousell...

Indonesia’s Astra Getting More Aggressive This Year

JAKARTA (TheInsiderStories) - Indonesia's conglomeration company PT Astra International Tbk (IDX: ASII) more aggressively to expand their business and seeking various opportunity in the...

Allianz X Invests $35 Million in Ride Hailing Platform GO-JEK

JAKARTA (TheInsiderStories) – Allianz X, the digital investment arm of the Allianz Group, has announced a $35 million investment in Indonesian ridehailing platform GO-JEK,...

Indonesia’s Investree to Receive US$10 Million Series B Funding Round

JAKARTA (TheInsiderStories) - Investree, an Indonesian local startup providing peer-to-peer (P2P0) lending marketplace, will receive US$10 million worth of Series B funding from some local and...

Timah Builds Smelter in Nigeria, Prepares Billion Dollar Funds

JAKARTA (TheInsiderStories) - Indonesia`s state-owned tin company PT Timah Tbk (IDX: TINS) will build a tin smelter in Nigeria as part of the company's expansion and secure...

Morning Briefs – Jan. 11

JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: KML Food to List Shares in IDX PT Kelola Mina...

Daily Business Briefs – Dec. 27

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Indofood CBP Buys Asahi shares for US$20 Million PT Indofood...

Timah to Invest Billion Dollars in Nigeria

JAKARTA (TheInsiderStories) - Indonesian publicly listed miner PT Timah Tbk (IDX: TINS) is set to invest billions of dollars in the Nigerian minerals and mining sector,...

Hyundai Motor, Artha Graha Set Up JV in Indonesia

JAKARTA (TheInsiderStories) - South Korean's Hyundai Motor will establish a joint venture (JV) in Indonesiaas a stepping stone in entering the commercial vehicle market in Indonesia...

Joy Wahyudi : Indosat Returns to Core Business

JAKARTA (TheInsiderStories) - PT Indosat Tbk (ISAT), the second-largest telecom player in Indonesia, reported 29 per cent growth in net profit, at Rp1.09 trillion...

ASEAN : Indonesia Seeking to Boost Exports to the Region, Others

JAKARTA (TheInsiderStories) - The Association of South East Asian Nations (ASEAN) is taking center stage for Asia Pacific relations this week: 21 Leaders of the...