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Indonesia’s Pertamina Need Funds US$133 Until 2026

JAKARTA (TheInsiderStories) - State run oil and gas holding, PT Pertamina, needs funding of US$133 billion until 2026 to boost the production capacity, said the...

Indonesia’s MedcoEnergi Looking for Funding US$150M in 3Q 2020

JAKARTA (TheInsiderStories) - PT Medco Energi Internasional Tbk (IDX: MEDC) seeks a fresh funding US$150 million from the rights issue program in the third quarter (3Q)...

Indonesia’s Timah Slices Tin Production due to Lower Demand

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Timah Tbk (IDX: TINS) is targeting tin sales 55,000 metric tons (MT) due to lower demand. The amount lower...

Indonesia’s Barito Pacific Cut Capital Expenditures to US$185M

JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT) postponed a series of business plans due to the COVID-19 outbreak, said the director. The...

Indonesia Companies Trims CAPEX Amid COVID-19 Pandemic

JAKARTA (TheInsiderStories) - Indonesian companies trimmed the capital expenditures (CAPEX) due to slowing business during COVID-19 pandemic. The decisions will also give impact to expansion...

Stronger Domestic Demand Leads to Upside Revision for Japan’s Real GDP...

JAKARTA (TheInsiderStories) - Japan’s real gross domestic product (GDP) growth for the third quarter (3Q) was revised up to 0.4 percent quarter to quarter...

Indonesia’s Bukit Asam Raises Funds US$155M from Treasury Stocks Sale

JAKARTA (TheInsiderStories) - Indonesia coal miner, PT Bukit Asam Tbk (IDX: PTBA) raised fresh funds Rp2.17 trillion (US$155 million) from the sale of 649.98...

Indonesia’s Indosat Plans to Sell Off US$300M Towers

JAKARTA (TheInsiderStories) - Indonesia’ third-largest mobile operator, PT Indosat Ooredo Tbk (IDX: ISAT), plans to raise as much as US$300 million to fund a...

Japan’s Real GDP Growth Slightly Up 2.2% in 1Q

JAKARTA (TheInsiderStories) - Japan’s real GDP growth for the first quarter (Q1) of 2019 was revised up marginally to 0.6 percent quarter to quarter...

Target Aggressive Growth, Adhi Karya to Issue US$71.36M Bond

JAKARTA (TheInsiderStories) — Indonesia’s infrastructure state-owned enterprise, PT Adhi Karya Tbk (ADHI) will release Rp1.02 trillion (US$71.36 million) bond, as the company has several...

Indonesia’s United Tractors Prepares Capex US$800M in 2019

JAKARTA (TheInsiderStories) – An Astra International Group subsidiary, PT United Tractors Tbk (IDX: UNTR), prepared US$800 million in capital expenditure (capex) to develop its...

Need Funds for Expansion, Indonesia’s Indosat Sell Bonds US$142M

JAKARTA (TheInsiderStories) - PT Indosat Ooredoo Tbk (IDX:ISAT) offers conventional bond and SUKUK with the total worth of Rp2 trillion (US$141.84 million), said the...

Solid Capital Expenditure Boosts Japan’s GDP Growth for Q2

JAKARTA (TheInsiderStories) - Japan’s real GDP growth for the second quarter of 2018 was revised up to 0.8 percent quarter to quarter (QoQ, or 3.0...