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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...

Indonesia’s SMI Seeks Funds US$5.7B in 2019

JAKARTA (TheInsiderStories) – Following the achieving positive performance for 10 years, PT Sarana Multi Infrastruktur (SMI) seeks funds US$5.7 bilion to help the infrastructure,...

Indonesia, China Sets US$91.9B for Belt & Road Projects

JAKARTA (TheInsiderStories) – Indonesia and China will execute an investment plan worth US$91.1 billion for 28 national projects under the framework of the Belt...

Indonesia’s Sarana Multigriya Offers US$176M Local Bond

JAKARTA (TheInsiderStories) - A State enterprise, PT Sarana Multigriya Finansial (SMF) start offering its bond issuance valued Rp2.51 trillion (US$176 million), said the company...

Fitch Ratings Reaffirmed Indonesia’ Rating on Investment Grade Level

.JAKARTA (TheInsiderStories) – Fitch Ratings on its report, reaffirmed Indonesia's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' or investment grade with a Stable...

Indonesia Will Set Up Housing, Infrastructure Holding mid February

JAKARTA (TheInsiderStories) - Indonesian government will set up state-owned Housing and Infrastructure holding company  (HoldCo) in mid-February, said the official government today (01/28). Previously, the minister...

Insight: Reduce Logistic Costs, Indonesia Should be Focus on Rural Infrastructure

JAKARTA (TheInsiderStories) – One factor of Indonesian economy inhibition is the slow pace of infrastructure development. But since being elected as president, President Joko...

To Accelerate Infrastructure Project, Indonesia Establishes Panel of Consultants  

JAKARTA (TheInsiderStories) – In a new effort to accelerate infrastructure project in Indonesia, Committee for the Acceleration of Priority Infrastructure Delivery has formed a consultant...

Morning Briefing: Trade War Tension Calms Indonesian Market

JAKARTA (TheInsiderStories) — Good morning! Easing the trade war tension with the United States (US), China says its scrapped it's ‘Made in China 2025’...

Breaking News: Dozens of Trans Papua Workers Killed by Gunmen

JAKARTA (TheInsiderStories) — At least 31 workers were reportedly shot dead by armed gunmen at the Trans Papua project, in West Papua. The murder...

Morning Briefing: Global Sentiments Causing Rupiah Lost Energy

JAKARTA (TheInsiderStories) — Good morning! After five days of durability, Rupiah lost its energy and depreciated by 0.21 percent. The currency dip was caused by...

G20 Calls to Resolve Trade Tensions, Mnuchin Meet Yi Gang

JAKARTA (TheInsiderStories) - The Fourth G20 Meeting of Finance Ministers and Central Bank Governors ended today after two days of working sessions. The meeting reached...