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Indonesia’s Lippo Karawaci Prepares US$148M for Expansion

JAKARTA (TheInsiderStories) - Property issuer, PT Lippo Karawaci Tbk (IDX: LPKR) has prepared funds of Rp2.12 trillion (US$148.25 million) for expansion in this year,...

Indonesia’s Chandra Asri Offers Rupiah Bond US$70M

JAKARTA (TheInsiderStories) - Petrochemical issuer owned by tycoon Prajogo Pangestu, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) will issue bonds as much as Rp1 trillion (US$69.99...

Chandra Asri Petrochemical Rilis Obligasi Rp 1 Triliun

JAKARTA (TheInsiderStories) - Emiten milik taipan Prajogo Pangestu, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) akan menerbitkan obligasi sebanyak-banyaknya Rp1 triliun, kata perusahaan dalam...

Indonesia’s Pegadaian Seeking Funds US$143M from Capital Market

JAKARTA (TheInsiderStories) - Indonesian pawnshop, PT Pegadaian is targeting to raises fund up to Rp2 trillion (US$142.86 million) from Rupiah bond and SUKUK issuances, said the...

Indonesia’s Astra Trims Capex Due to COVID-19 Pandemic

JAKARTA (TheInsiderStories) - The conglomeration firm, PT Astra International Tbk (IDX: ASII) cut nearly half of its capital expenditure (capex) for this year due to the...

Bunarto Lead Astra, Give a Dividend Shares US$614M

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Astra International Tbk (IDX: ASII) appointed new president director Djony Bunarto Tjondro and Prijono Sugiharto as the chairman...

South Korea’s LG to Relocates TV Production Lines in Indonesia

JAKARTA (TheInsiderStories) - South Korean manufacturer, LG Electronics Inc., will relocates its television (TV) production lines to Indonesia, as part of the global production efficiency amid...

Indonesia’s AP II Looking Southeast Asia, African Airports

JAKARTA (TheInsiderStories) - Indonesian airport operator, PT Angkasa Pura II (AP II) aimed to become global player by looking foreign company, the CEO as quoted by...

Thailand’s SCG Acquires Fajar Surya Wisesa Shares for US$665M

JAKARTA (TheInsiderStories) — Siam Cement Group (SCG), a packaging company from Thailand, will become major shareholder of PT Fajar Surya Wisesa Tbk (IDX: FASW)...

Grab Announces US$2Billion of Funds Lead by Japan’s Toyota

JAKARTA (TheInsiderStories) ― Grab Holdings Inc. (Grab), Southeast Asia’s leading O2O mobile platform, announced today (02/08) has raised US$2 billion for its current round of...

Kimia Farma Expands Business to Saudi Arabia

JAKARTA (TheInsiderStories) - State-owned pharmaceutical company PT Kimia Farma Tbk (IDX:KAEF) announced  that it has acquired Saudi Arabian company Dawaa Medical for 38.1 million riyals (US$10.15 million)...