Tag: ADB
ADB Holds Indonesia’s Economic Growth 4.5% in 2021
JAKARTA (TheInsiderStories) - Indonesia’ economic growth is expected to reach 4.5 percent in 2021 and 5.0 percent in 2022 amid improving global conditions and a gradual...
ADB: Rising US Treasury Yield Could Trigger Debt Crises in Asia
JAKARTA (TheInsiderStories) - President of the Asian Development Bank (ADB), Masatsugu Asakawa, warned that rising yields of United States (US) treasury bill could trigger currency and...
Indonesia Infrastructure Fund Releases Eurobond US$500M
JAKARTA (TheInsiderStories) - PT Indonesia Infrastructure Finance (IIF) plans to release Euro Medium Term Notes up to US$500 million, Fitch Ratings reported today. The agency gave a...
Indonesia’s PLN Receives Loan Facilities from ADB, KfW US$190M
JAKARTA (TheInsiderStories) - Indonesia' power producer, PT Perusahaan Listrik Negara (PLN), received funding facilities from the Asian Development Bank (ADB) and Kreditanstalt fur Wiederaufbau (KfW) with...
World Bank, ADB Revises Down Indonesia’s Economic Growth Outlook
JAKARTA (TheInsiderStories) - The World Bank revises down Indonesian GDP from contraction 1.6 percent to minus 2.2 percent in this year, due to persistent mobility...
ADB Launches US$9B Vaccine Facilities for Asia Pacific
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has launched a US$9 billion' Asia Pacific Vaccine Access Facility (APVAX), an offering rapid and equitable support to...
Developing Asia to Contract 0.4% in 2020, Grow by 6.8% in...
JAKARTA (TheInsiderStories) - Developing Asia is now forecast to contract by 0.4 percent in 2020, less than the 0.7 percent contraction envisaged, said Asian Development Bank (ADB)...
ADB Approves Policy-based Loans US$500M for Indonesia
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$500 million policy-based loan to support the government of Indonesia’ efforts to expand financial access...
ADB Loans PLN US$600M to Expand Energy Access in Eastern Indonesia
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$600 million loan to help the state-run power producer PT Perusahaan Listrik Negara (PLN), to...
ADB: MSMEs Key to Southeast Asia’s Post COVID-19 Recovery
JAKARTA (TheInsiderStories) - Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated...
ADB Gives US$500M Emergency Funds for Indonesia
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$500 million loans for Indonesia to boost an emergency financing caused by natural hazards and...
ADB: Indonesia’s Economy to Contracts 1% in This Year
JAKARTA (TheInsiderStories) — Indonesia’ economy is forecast to contracts by 1.0 percent in this year amid the pandemic before rebounding to 5.3 percent in 2021,...
Indonesia Get Loans US$1B from AIIB to Battle the Virus
JAKARTA (TheInsiderStories) - Indonesia get loan facilities US$1 billion from the Asian Infrastructure Investment Bank (AIIB) to support the government’ virus battle, said the agency on...
Developing Asia to Grow Just 0.1%, Indonesia Contraction 1.0%
JAKARTA (TheInsiderStories) - Developing Asia will barely grow in 2020 as containment measures to address the COVID-19 pandemic hamper economic activity and weaken external demand. The...
ADB Approves Loan Facility US$300M for Geo Dipa Energi
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand...
ADB: COVID-19 Economic Impact Could Reach $8.8T Globally
JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) sees that COVID-19 pandemic would result in global losses of up to US$8.8 trillion, or 9.7 percent of...
ADB Approves US$1.5B for Indonesia’s COVID-19 Response
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) approved US$1.5 billion in financing to support Indonesia’ efforts to alleviate the impact of the COVID-19 pandemic on...
Indonesia Seeks Fund US$7B from Multilateral Agencies
JAKARTA (TheInsiderStories) - After raised fresh funds from the global bond issuances, now Indonesia looking a multilateral loans around US$7 billion, said the central bank...
Countries Has Proposed Grants from Multilateral Agencies
JAKARTA (TheInsiderStories) - After the multilateral agencies announces the loan facilities program for develop and poor countries to overcome the COVID-19 outbreak with total amount...
ADB Announces US$6.5B Initial Response to Pandemic
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) today announced a US$6.5 billion initial package to address the immediate needs of its developing member countries to...
IMF Prepares US$50B to Address the Impact of Coronavirus
JAKARTA (TheInsiderStories) - International Monetary Funds (IMF) makes available US$50 billion to help address the impact of coronavirus, said the managing director yesterday (03/04). The...
ADB Pledges Loan Budget US$2.7B for Indonesia
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) is committed to raising the loan budget to Indonesia from last year worth of US$ 1.7 billion...
Morning Briefing: Global Market Losses Over US$3B Caused of Coronavirus
JAKARTA (TheInsiderStories) - Good Morning! In the face of constant selling pressure, many investors are hoping the Federal Reserves will ride to the rescue or do...
ADB Investing Over US$1B to Help Pacific’s Renewable Energy Transition
JAKARTA (TheInsiderStoriess) — The Asian Development Bank (ADB) will invest over US$1 billion worth of energy projects in the Pacific from 2019 to 2021, said...
Developing Asia Needs to Invest More Than 5% of GDP for...
JAKARTA (TheInsiderStories) — Developing Asian countries need to invest more than 5 percent of their gross domestic product (GDP) over the next decade to...
ADB’s US$500M Loan to Support Fiscal, Public Expenditure in Indonesia
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$500 million policy-based loan to support Indonesia’ fiscal, public expenditure management reforms, and...
ADB Disburses US$100M Loans for Indonesia
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$100 million financial intermediary loan to Indonesia, to help catalyze private sector investments in...
Global Trade Finance Gap US$1.5T, ADB Says
JAKARTA (TheInsiderStories) - The global trade finance gap remained around US$1.5 trillion hampering efforts to provide important jobs and growth amid ongoing economic uncertainty,...
ADB Prepares US$3B to Support Indonesia’s Power Projects Until 2021
JAKARTA (TheInsiderStories) — Asian Development Bank (ADB), is planning to provide about US$3 billion funds between 2019 and 2021 to help the government' power sector, mainly...
Indonesia’s DAMRI to Spend US$150M for Electric Cars
JAKARTA (TheInsiderStories) - Indonesia' oldest car company, Djawatan Angkoetan Motor Repoeblik Indonesian, or well-known as DAMRI prepared funds around US$150 million to replace 500 diesel buses...
