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Global Green Bond Issuance Sets Quarterly Record

JAKARTA (TheInsiderStories) - The green bond market hit a new all-time quarterly high in the second quarter (2Q) of 2019 as issuers brought $66.6 billion to...

Indonesia’s Trans Corp Wins Loan from IFC US$275M

JAKARTA (TheInsiderStories) - Trans Corpora (Trans Corp), unit of conglomeration company CT Corpora (CT Corp) get loans US$275 million from International Finance Corporation (IFC), to support the...

Unexpectedly, Kim Stepped Down from the World Bank

JAKARTA (TheInsiderStories) - Unexpectedly World Bank (WB) President Jim Yong Kim will stepped down from his position. He will leave the office by Feb. 1, 2019, three...

IFC Invests US$3.4B in East Asia and the Pacific

JAKARTA (TheInsiderStories)—International Finance Corporation (IFC), a member of the World Bank Group, committed US$3.4 billion in fiscal year 2018 for East Asia and the...

IFC Invests US$100M in Surya Semesta to Support Industrial Estate in...

JAKARTA (TheInsiderStories) – International Finance Corporation (IFC), a member of the World Bank Group, and PT Surya Semesta Internusa Tbk (IDX: SSIA) have signed a...

IFC Invests $150M Green Bonds Issued by OCBC NISP

JAKARTA (TheInsiderStories)--International Finance Corporation (IFC), a member of World Bank Group, committed to invest US$150 million of green bonds issued by PT Bank OCBC...

IFC Extends up to $50M Debt Financing for Power Plant in...

JAKARTA (TheInsiderStories)--The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to extend a debt financing package of up to...

World Bank Shareholders Inject $13B Additional Capital

JAKARTA (TheInsiderStories)—The World Bank Group’s shareholders approved an additional $13 billion paid-in capital increase, which is regarded as a "historic" increase in the bank's...

Indonesia Makes Significant Progress in Sustainable-Finance Reforms

JAKARTA (TheInsiderStories) - Emerging markets have become a major force in driving development and fighting climate change as 34 countries have initiated banking reforms...

Morning Briefs – Dec 29

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Sawit Sumbermas Net profit soars PT Sawit Sumbermas Sarana Tbk...