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China Investment, CDB Enters BUMI’s Management

JAKARTA (TheInsiderStories) - PT Bumi Resources Tbk (IDX: BUMI), the Bakrie-owned company, planned to pay around US$50 million debt in July. The coal miner, targets paying...

Indonesia May Get Loans from China for CPO replanting

JAKARTA (TheInsiderStories)— The Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan on Friday (25/04) said China Development Bank has offered loans to finance palm...

WIKA to Secure US$700 Million Loan From CDB

JAKARTA (TheInsiderStories) – State-owned construction company PT Wijaya Karya Tbk (IDX: WIKA) has submitted a proposal for a US$700 million loan to China Development Bank (CDB), related to funding...

Infrastructure Bank Unnecessary

JAKARTA (The Insider Stories) - The idea of a government-run bank focusing to on giving loans to the infrastructure sector is still unclear, while...

Local Infrastructure Financing Still Dependent on Multilateral Loans

JAKARTA (TheInsiderStories) - As an archipelagic country, Indonesia has enormous potential of natural resources to be explored. The country of more than 250 million people is...

A Lesson from China Development Bank

JAKARTA (TheInsiderStories) - Chinese Development Bank (CDB) is today known as one of the largest financial institutions in the world, as reflected in its...

China Development Bank to Open Jakarta Representatives Office

JAKARTA (TheInsiderStories) – China Development Bank (CDB) has announced that it is going to open a Representative Office in Indonesia, likely in connection with...

China Development Bank Grabs Chance in Indonesia

JAKARTA (TheInsiderStories) - President Joko Widodo has targeted 5.4 percent of economic growth for 2018, supported by infrastructure development and consumer activity. Widodo's infrastructure development plan will...

Local Banks Join with CDB – a Shotgun Wedding?

JAKARTA (TheInsiderStories) - Indonesia government is currently offering a broad opportunity to international financial institutions to partner up with local banks, in its quest...