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Indonesia’s Duniatex Fails to Pay Bond Interest

JAKARTA (TheInsiderStories) - Duniatex Group, Semarang-based textile company,  asked Singapore bourse to temporarily suspend its US$300 million bond trade, said the management yesterday (09/12). The...

APAC Face the Greatest Risk from Implicit SOEs Liabilities

Singapore (TheInsiderStories) - Moody's Investors Service says that state-owned enterprises (SOEs) play a pivotal role in furthering public policy objectives across Asia Pacific (APAC). Its...

Indonesia’s Tiphone Offers Local Bond US$35.21M

Jakarta (TheInsiderStories) - Publicly listed retail and distribution of telecommunications equipment products, PT Tiphone Mobile Indonesia Tbk (IDX: TELE) offered local bonds worth of...

Indonesia’s Krakatau Steel to Restructure Loans with Three Schemes

Jakarta (TheInsiderStories) - Indonesian steel maker, PT Krakatau Steel Tbk (IDX: KRAS) will use three schemes to restructure the company' loans with total amount...

Indonesia’s Pertamina Offers GMTN US$1.5B in This Month

Singapore (TheInsiderStories) - After raised US$750 million from global medium terms note (GMTN) in 2018, state-owned energy firm PT Pertamina planned to sell $1.5 billion...

Moody’s to Revise Gajah Tunggal’s Outlook to Negative

JAKARTA (TheInsiderStories) – Moody's Investors Service has changed to negative from stable the outlook on the ratings of Gajah Tunggal Tbk (IDX:GJTL). At the...

Indonesia’s Bumi Resources Pays Debt US$52M

JAKARTA (TheInsiderStories) -- Little by little, Indonesian miner PT Bumi Resources Tbk (IDX: BUMI) is installing its huge debts that burden company's financial. Today...

Insight: Indonesia SOEs, Between Debt Winding and Infrastructure Development Project

 JAKARTA (TheInsiderStories) – The contentious rhetoric about the increasing of state-owned enterprises' (SOE) debt has been broadly discussed among observers and economists. Indeed, the...

Tangled in Debt, Indonesia’s Bakrie & Brothers Executes US$647M from MCB,...

JAKARTA (TheInsiderStories) — Indonesian holding company, PT Bakrie & Brothers Tbk (IDX: BNBR) raised Rp9.38 trillion (US$646.89 million) from private placement and mandatory convertible...

Indonesia’s BUMI Pays US$167M Trance A Debt

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company...

OECD: Indonesia’s SOEs Debt Could Disrupt Cash Flows, Causing Fiscal Risks

JAKARTA (TheInsiderStories) - Indonesian state-owned enterprises (SOEs) which are involved in the government infrastructure and energy businesses could expose cash flow constraint and causing higher fiscal...

Economic Review: Turkey Entered the Financial Crisis

JAKARTA (TheInsiderStories) - Is Turkey entered the financial crisis? As we know on Friday (10/08) the Turkish Lira plunged drastically in recent weeks as its...

Indonesia’s BUMI Pays Debt US$114.6M

JAKARTA (TheInsiderStories) - Indonesia's coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid its Tranche A Principal and coupon with total amount US$114.6...

Moody’s: Stronger U.S Dollar Increases Credit Risks for Emerging Market Sovereigns

Singapore -- The strengthening U.S dollar since mid-April has led to sharp currency depreciation and significant declines in foreign exchange reserves in a number...

Moody’s Says Indonesia, India are Among Asia’s Most Debt Risky Nation

JAKARTA (TheInsiderStories) - Hours before Indian Prime Minister Narendra Modi meet Indonesia's President Joko Widodo, Bloomberg came up with a report saying India and Indonesia are...

Why JP Morgan Reappointed as Indonesia Bond Dealer

JAKARTA (TheInsiderStories) — New York-based JP Morgan Chase & Co was reappointed as a primary dealer of Indonesian sovereign bonds, more than a year...

Indonesia’s PLN Plans to Buyback US$2.5B Notes

JAKARTA (TheInsiderStories) - PT Perusahaan Listrik Negara (PLN) announced today that it has commenced tender offers to purchase for cash any and all of the...

Policy Review: Infrastructure Projects Lead to Higher SOE Debts

JAKARTA (TheInsiderStories) - Indonesia's State-owned enterprises (SOEs), especially construction and power companies, which are involved in the government-led infrastructure projects are currently being plagued by...

Government Debt is Quite Healthy, but still Risky

JAKARTA (TheInsiderStories) -JAKARTA - The Indonesian government debt continues to increase at least in the past two years in line with the increase of...

Fin Min Seeks Fund US$11.09 Billion in Q3, Issues Eurobond US$2...

JAKARTA (TheInsiderStories) - Finance Ministry has plans to issue Eurobond up to US$2 billion in this week, said one official. Based on Director General of...