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Home Credit Indonesia Receives US$60.5M Funding

JAKARTA (TheInsiderStories) - A technology-based multipurpose finance company, PT Home Credit Indonesia, has signed an agreement a syndicated loan facility worth US$60.5 million from foreign creditors. These...

Indonesia’s Sinar Mas Multiartha Issues Bonds US$59M

JAKARTA (TheInsiderStories) - Financial firm, PT Sinar Mas Multiartha Tbk (IDX: SMMA), has plans to releases a local bonds with a maximum target of Rp875...

Indonesia’s FUNDtastic Acquires Invisee for US$6.5M

JAKARTA (TheInsiderStories) - Indonesian financial planner, FUNDtastic has acquired shared of PT Nusantara Sejahtera Investama, the operator of mutual fund selling agent, Invisee, said...

Indonesia’s Authority Prepares Stimulus to Support the Economy

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) prepares a stimulus to maintain national economic growth as a countercyclical policy in anticipation of down-side risk from...

SOEs Minister to Form Sub-Holding of Financial Company

JAKARTA (TheInsiderStories) - Minister of State Own Enterprises (SOEs), Erick Thohir, plans to synergizes three companies that has similar business in small medium enterprises. The planned...