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Indonesia Offers US$305M Airport Project in Singkawang

JAKARTA (TheInsiderStories) - Indonesian government is offering the airport project in Singkawang, West Kalimantan worth Rp4.3 trillion (US$304.96 million) to investors, officials said today...

Indonesia Offers US$91B Maritime Projects in 2020

JAKARTA (TheInsiderStories) - The government is ready to offer projects in the maritime sector worth US$91.1 billion next year in order to support President...

Indonesia’s WIKA Eyes US$1.4B Projects in Africa

Jakarta (TheInsiderStories) - Indonesian construction firm, PT Wijaya Karya Tbk (IDX: WIKA) targeting to handle projects with total values Rp20 trillion (US$1.4 billion) in Africa,...

Indonesia’s Waskita Beton to Issues US$106M Bonds

JAKARTA (TheInsiderStories) - Indonesia' construction services firm PT Waskita Beton Precast Tbk (IDX: WSBP), plans to issue bonds of Rp1.5 trillion (US$105.63 million) in...

Indonesia Targets to Develop 22 NSP Projects in 2020

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 22 new infrastructure projects under National Strategic Projects (NSP) in 2020, said senior minister on Friday (08/16)....

Indonesia Raises Infrastructure Investment Funds US$429B by 2024

JAKARTA (TheInsiderStories) - Indonesian government increased infrastructure investment needs worth US$429.7 billion during 2020-2024, rise up 20 percent compared to $359.2 billion in 2015-2019,...

Indonesia Decides Patimban Operators Give to Private Company

JAKARTA (TheInsiderStories) - Maritime Coordinating Minister Luhut Binsar Pandjaitan revealed that the operators of the Patimban seaport in Subang, West Java would be managed...

Indian Elections: PM Modi’s Big Win Signals Strong Indian GDP Growth...

JAKARTA (TheInsiderStories) - The resounding election victory of Prime Minister Narendra Modi’s BJP Party with another large parliamentary majority will provide continuity of macroeconomic policy...

Bank Indonesia Accelerates Commercial Bonds Transactions

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) accelerated the issuance and transactions of commercial bond instruments as a source of non-banking short-term funding, said the...

Indonesia, China Signs 23 Investment and Trade Agreements

JAKARTA (TheInsiderStories) – At the Belt and Road Forum (BRF), Indonesia and China has signed 23 memorandum of understandings on investment and trade cooperation on...

Bank Indonesia Holds the Benchmark Rate at 6%

JAKARTA (TheInsiderStories) – Bank Indonesia through the Board of Governors' Meeting decided to maintain a 7-day Reverse Repo Rate (BI7DRR) at 6 percent by...

Indonesia 2020’s State Budget Aims More Export, Investment Stimulus

JAKARTA (TheInsiderStories) — Amid the continuing uncertainty of global economic conditions, Indonesia President Joko Widodo demands the next year’s State Budget to have high...

JICA Prepares US$881M Financing to Indonesia Infrastructures

JAKARTA (TheInsiderStories) – Japan International Cooperation Agency (JICA) prepared US$881.15 million (Rp12.5 trillion) financing for Indonesia’s infrastructure projects. Indonesia’s first ever Mass Rapid Transit...

ADB: Indonesia’s Economic Grow Slightly by 5.2-5.3% in 2019-2020

JAKARTA (TheInsiderStories) – The Asian Development Bank (ADB) estimates that Indonesian economy will grow by 5.2 percent this year and 5.3 percent by 2020 triggered...

Indonesia’s Economic to Grow Above 6% in 2024

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) predicts Indonesia's economic growth will move above 6 percent by 2024, in line with structural reforms carried out...

Indonesia Will Sign 78 Infrastructure Projects Worth US$42B in Bali

Nusa Dua (TheInsiderStories) - A total of 78 infrastructure projects worth US$42 billion will be signed by the government and investors at the 2018 IMF...

Indonesia Offers Over than US$13B Investment in 21 SOEs

JAKARTA (TheInsiderStories) - Indonesian government offered an investment worth of Rp200 trillion (US$13.79 billion) in 21 state-owned enterprises (SOEs) projects, said one spokesman on Monday...

Morning Briefing: Indonesia Gets Brief Relief as Rupiah Resists 15,000-Threshold

JAKARTA (TheInsiderStories) - Good morning. The Rupiah had finally gained some strength on Thursday (09/07) after seven consecutive days of losing streak and flirted dangerously close...

Indonesian Govt. to Launch Private Investment Fund

JAKARTA (TheInsiderStories)--Indonesian government will launch a private investment fund (PIF) this week to manage the funds owned by state-owned companies (SOEs). The State-Owned Enterprises Ministry's...