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Indonesia to Build 3,000 Km Toll Roads Until 2024

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 3,000 kilometers (km) new toll road across the archipelago, said the head of state in Jakarta. To reach...

ASEAN Announces 19 Initial Infrastructure Projects Worth of US$15B

JAKARTA (TheInsiderStories) - The ASEAN Coordinating Council (ACC) has announced the Initial Rolling Priority Pipeline of ASEAN Infrastructure Projects at the meeting in Bangkok,...

Developing Asia Needs to Invest More Than 5% of GDP for...

JAKARTA (TheInsiderStories) — Developing Asian countries need to invest more than 5 percent of their gross domestic product (GDP) over the next decade to...

IIF Provides Financing to Waskita Toll Road of US$43Million

JAKARTA (TheInsiderStories) - PT Indonesia Infrastructure Finance (IIF) provided Cash Deficiency Support Rp600 million (US$$42.55 million) to unit of PT Waskita Toll Road (WTR),...

ADB Disburses US$100M Loans for Indonesia

JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$100 million financial intermediary loan to Indonesia, to help catalyze private sector investments in...

Indonesia’s Wijaya Karya Eyes Airport Project US$700M in Taiwan

JAKARTA (TheInsiderStories) - Indonesia' construction firm, PT Wijaya Karya Tbk (IDX: WIKA) eyes an airport project in Taiwan with values around US$700 million, local...

Two State Firms Seeks Funds US$273M from Bond Market

JAKARTA (TheInsiderStories) - Two state firms, PT Sarana Multi Infrastruktur (SMI) and Indonesian Eximbank seek funds from the bond market with total amounts Rp3.85...

Indonesia Aims to Build 17 SEZs in This Year

JAKARTA (TheInsiderStories) - Coordinating ministry for economic affairs (CMEA) reported Indonesia has develop 13 special economic zones (SEZ) spread across the country, with total investments Rp85.3...

Indonesia, Dutch Agrees to Proceed Integrated Coastal Development

Bogor (TheInsiderStories) - Indonesia and Dutch agreed to continues the National Capital Integrated Coastal Development (NCICD) in Greater Jakarta areas, said one minister today (10/07). The...

South Korea KIND Explores Potential Investment in Indonesia

JAKARTA (TheInsiderStories) - The Indonesian Investment Coordinating Board (ICB) signed an agreement with Korea Overseas Infrastructure & Urban Development Corporation (KIND) to explore the...

Indonesia Budges US$3B for Transportation Sector in 2020

JAKARTA (TheInsiderStories) - Indonesian government budgeted Rp43.11 trillion (US$3.07 billion) for Transportation Ministry in 2020 to develop priority and super-priority tourism destinations that are...

Indonesia Completes 19 Infrastructure Projects Worth of US$6B

Jakarta (TheInsiderStories) - Since January to August 2019, Indonesia has completed 19 national strategic projects (NSP) with total investment Rp87.7 trillion (US$6.21 billion), an official...

Indonesia’s United Tractors Gives Loan to Acset Indonusa US$169M

JAKARTA (TheInsiderStories) - Indonesia' heavy equipment distributor, PT United Tractors Tbk (IDX: UNTR) give fresh loans Rp2.4 trillion (US$169.01 million) to its unit PT...

Indonesia Proposes New Loans US$500M to AIIB

JAKARTA (TheInsiderStories) - Indonesia has submitted a new loan to Asian Infrastructure Investment Bank (AIIB) with worth US$500 million, said the official on Thursday (08/29)....

Indonesia’s Wika Beton Targeting Sales, Contract Grow 15%

JAKARTA (TheInsiderStories) - PT Wijaya Karya Beton Tbk (IDX: WTON) also known Wika Beton, targeting every year the sales and contract of the company could grow...

Indonesia’s SMI Offers Bond and SUKUK US$356M

JAKARTA (TheInsiderStories) - Indonesia' State firm, PT Sarana Multi Infrastruktur offered bonds and SUKUK to investors with total amount Rp5.09 trillion (US$355.94 million) in this...

Indonesian Govt Offers Terminal Project US$179M to Investor

JAKARTA (TheInsiderStories) - Indonesian government offered 20 terminal projects to private investors with total amount Rp2.39 trillion (US$179.71 million), said government official yesterday. The transportation ministry...

Indonesia’s LRT Operator to Build Second Projects Next Years

JAKARTA (TheInsiderStories) - The operator of the Indonesian light rapid transit system, PT LRT Jakarta announced that it will continue the construction of the...

Indonesia’s MRT Tracks Needs US$5B, Start to Build 2020

JAKARTA (TheInsiderStories) - The operator of the Indonesian mass rapid transit system, PT MRT Jakarta announced the East - West projects need costs around Rp75.5...

AIIB Offers Alternative Financing to Avoid Volatile Forex Market

JAKARTA (TheInsiderStories) - The Asian Infrastructure Investment Bank (AIIB) offers an alternative financing on local currency for Indonesia, Thailand, Turkey, India and Russia, to...

Semen Indonesia’s Sales Corrected 4.86% in IH 2019

JAKARTA (TheInsiderStories) - Cement sales of state-owned company, PT Semen Indonesia Tbk (IDX: SMGR) corrected by 4.86 percent  throughout the first half (1H) of 2019...

Widodo Sets Out Indonesian Vision for His Second Term

JAKARTA (TheInsiderStories) - Indonesia' President Joko Widodo laid out Indonesian Vision for his second five-year term, which will see the government focus on economic...

Morning Briefing: Indonesia Push the Gov’t Programs, Creates More Friendly Policies

JAKARTA (TheInsiderStories) – Good morning! President Joko Widodod keep pushing the government program to bring more foreign exchange revenues to Indonesia. Yesterday, he announced a planned...

Indonesia Prepares Central, East Java to Boost Export and Investment

JAKARTA (TheInsiderStories) - Indonesian government prepares East and Central Java provinces as the center of national economic development. Both province were considered to have...

S&P: Indonesia’s GDP to Improves by Investment and Infrastructure

JAKARTA (TheInsiderStories) - International rating agency Standard & Poor’s Global Ratings (S&P) stated that Indonesia' Gross Domestic Product (GDP) is considered to be far...

Indonesia, South Korea Raises the Funding Commitment

JAKARTA (TheInsiderStories) – Responding to the request of the Indonesian National Development Planning Board, Korean Eximbank intends to provide untied soft loans under the...

Indonesian Gov’t Signs Satellite Multifunction Project

JAKARTA (TheInsiderStories) - Indonesian government and the private sector signed an agreement on cooperation, guarantee, and regress of the Multifunctional Satellite or called Satellite...

Indonesia Gets Funding of US$2.6B from ADB to Support Infrastructure Projects

JAKARTA (TheInsiderStories) – Indonesian government received an fresh funding from the Asian Development Bank (ADB) worth of US$2.6 billion to support strategic infrastructure projects...

Indonesia’s Jasa Marga Targets $71B from DINFRA

JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX:JSMR) registered the Infrastructure Investment Fund (DINFRA) Toll Road Mandiri worth of Rp423.5 billion (US$30.25 million) on...

Indonesia Inaugurates Three SEZs, Two Gas Infrastructures

JAKARTA (TheInsiderStories) — President of Indonesia, Joko Widodo inaugurated three special economic zones (SEZ) in eastern of the archipelago. The zones are Bitung in...