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Japan Will Invests US$4 in Indonesia Sovereign Wealth Fund

JAKARTA (TheInsiderStories) - Senior minister, Luhut B. Pandjaitan, announced the investment commitment from the Japan Bank for International Cooperation (JBIC) of US$4 billion for the...

Indonesia’s Dian Swastatika to Inject Capital US$284M in Two Units

JAKARTA (TheInsiderStories) - Sinar Mas Group' energy and infrastructure firm, PT Dian Swastatika Sentosa Tbk (IDX: DSSA) plans to inject capital over than Rp4 trillion (US$283.69 million)...

Japfa Comfeed Builds New Factory in Vietnam worth of US$13M

JAKARTA (TheInsiderStories) - Japfa Comfeed Vietnam Co. Ltd., unit of Japfa Ltd, build a new factory in the seven-hectare Nhon Hoa industrial areas, Vietnam, said the...

Indonesia Sees the Non-oil and Gas Industry to Grow 3.59% in...

JAKARTA (TheInsiderStories) - The ministry of industry sees the non-oil and gas processing industry to grow 3.95 percent in 2021, based on the assumption that the...

Indonesia will Auctions 68 Unexplored Oil and Gas Basin in 2021

JAKARTA (TheInsiderStories) - Indonesia will auction around 68 unexplored offshore oil and gas basins starting next year to attract new investment in these sector, said the...

US’s Cargill Build Corn Factory in East Java, Invests US$100M

JAKARTA (TheInsiderStories) - Global food producer from United States, Cargill Inc., invested US$100 million in PT Sorini Agro Asia Corporindo, to build a corn wet...

South Korea’s CJ Jedang Invests US$150M in Indonesia

JAKARTA (TheInsiderStories) - A global food and BIO company from South Korea, CJ Jedang, through its Indonesian unit, has announced to invests US$150 million in...

Asia Pacific Property Investment Rises 35% in Third Quarter

JAKARTA (TheInsiderStories) - The value of direct investment in property sector around Asia Pacific reached US$35 billion in third quarter of 2020 or increased by 35...

FrieslandCampina Adds US$321M Investment in Indonesia

JAKARTA (TheInsiderStories) - Head of the Investment Coordinating Board, Bahlil Lahadalia announced Dutch' FrieslandCampina BV, through its unit Frisian Flag Indonesia aimed to increased their investment...

US’s IDFC Promises to Invest US$2B in Sovereign Wealth Fund

JAKARTA (TheInsiderStories) - CEO of United States (US) International Development Finance Corporation (IDFC), Adam Boehler, has signed a letter of interest to invest US$2 billion to...

Indonesia Invites Investor to Work on the East Natuna Block

JAKARTA (TheInsiderStories) - The special task force for upstream oil and gas business activities (SKKMigas) invited investor works on the East Natuna Block (Natuna D-Aplha), said...

Indonesia’s BoP Surplus US$12.1B in Third Quarter of 2020

JAKARTA (TheInsiderStories) - Indonesia’ Balance of Payment (BoP) recorded surplus US$2.1 billion in the third quarter (3Q) of 2020 supported by the current account and the capital...

Surya Semesta’s “Boss” Invites Elon Musk Build Factory in Subang

JAKARTA (TheInsiderStories) - President Director of PT Surya Semesta Internusa Tbk (IDX: SSIA), Johannes Suriadjaja, invited the owner of American-based, Tesla Inc. (NASDAQ: TSLA), Elon Musk,...

US, Indonesia Signs Infrastructure and Trade Funding US$750M

JAKARTA (TheInsiderStories) - The governments of Indonesia and the United States (US) have inked a memorandum of understanding on infrastructure and trade funding worth of US$750...

South Korea’s LG Chem to Signs US$20B Lithium Battery Project This...

JAKARTA (TheInsiderStories) - The South Korean battery giant, LG Chem Ltd., to sign a joint investment agreement to develop nickel become lithium battery for electric vehicle...

Kamil: Amazon Ready to Invests US$2.85B in Indonesia

JAKARTA (TheInsiderStories) - The company owned by the world' richest man, Jeff Bezos, Amazon Inc., (NASDAQ: AMZN), plans to invest up to Rp40 trillion...

Tesla Getting Closer to Build Lithium Battery Plant in Indonesia

JAKARTA (TheinsiderStories) - An American electric vehicle (EV) and clean energy firm, Tesla (NASDAQ: TSLA), has almost reached an agreement to build a battery factory in...

The Realization Investment in Mining Sector Lower than Target

JAKARTA (TheInsiderStories) - Indonesian government noted the realization of investment in mining sector was only US$2.88 billion until October, amid the impact of the COVID-19 pandemic,...

Microsoft will Invests in Indonesian Unicorn Bukalapak

JAKARTA (TheInsiderStories) - United States' Microsoft Corp., announced will make a strategic investment in Bukalapak, one of Indonesia’ e-commerce platforms, said the company today (11/03). The technology...

Funding to Indonesian Startups Reaches US$1.9B in Third Quarter

JAKARTA (TheInsiderStories) - The Indonesian Venture and Startup Capital Association (Amvesindo) reported that total funding to Indonesian startups reached US$1.9 billion until the third quarter...

Indonesia, US Exim Signs Funding Opportunities US$750M

JAKARTA (TheInsiderStories) - President and head of the United States Export Import Bank (US Exim), Kimberly A. Reed, and the coordinating minister for maritime and investment...

Indonesia Give Stimulus to Curbs Declining Investment in the Energy Sector

JAKARTA (TheInsiderStories) - Indonesian government ensures to maintain the investment climate of upstream oil and gas sector during the pandemic by giving nine stimulus packages. Earlier,...

Foreign Direct Investment Drops 5.1% in Nine Months

JAKARTA (TheInsiderStories) - Foreign direct investment in Indonesia dropped by 5.1 percent from Rp317.8 trillion (US$21.61 billion) in nine months (9M) of 2019 to Rp301.7 trillion...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! Today, National Investment Coordinating board will announces the third quarter' investment realization. In the first half of 2020 worth of Rp402.6 trillion...

Japan Gives Soft Loan US$474M to Indonesia

JAKARTA (TheInsiderStories) - Japanese Prime Minister, Yoshihide Suga, said will provides a low-interest loans worth of JPY50 billion (US$474.15 million) to support Indonesia to strengthen the disaster...

Morgan Stanley: Job Creation Bill to Strengthens Indonesian Economy

JAKARTA (TheInsiderStories) - Global investment bank, Morgan Stanley, estimates that the Omnibus Law for Job Creation, which was officially passed by the parliament on Oct. 5,...

EU-ASEAN Business Council: ASEAN is Still the Best Economic Areas

JAKARTA (TheInsiderStories) - The EU - ASEAN Business Council, reported 56 percent of European Union businesses have plans to expand operations in the Southeast Asian (ASEAN) region....

Indonesian Export to China Rises 6.4% in Eight Months

JAKARTA (TheInsiderStories) - Total trade between Indonesia and China reached US$48.7 billion during January - August 2020, said ambassador to China and Mongolia, Djauhari Oratmangun, in an...

Mondelez Builds Cocoa Research Center in East Java US$13M

JAKARTA (TheInsiderStories) - A global consumer producer (NASDAQ: MDLZ), Mondelez International Inc., has inaugurated a cocoa research center in Pasuruan, East Java, with an investment of...

UNCTAD: Global Economy will Contracts Over Than 4% in 2020

JAKARTA (TheInsiderStories) - The United Nation Conference on Trade and Development’s (UNCTAD) warns that a bold, targeted fiscal expansion, led by the advanced economies, is the...