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Waresix Bags Additional Funding US$11M Led by EV Growth, Jungle Ventures

JAKARTA (TheInsiderStories) - Waresix, platform trucks and warehousing services at the forefront of Indonesia, get additional funding worth of US$11 million from EV Growth and...

Demands for Greater Information Pose Most Significance Impact on Global PE...

JAKARTA (TheInsiderStories) – Private equity (PE) is facing a number of conflicting pressures nowadays with significant regulatory burden and political tension impacting fund managers’...

Indonesia’s PLN, Masdar Inks Investment Deal US$128M

JAKARTA (TheInsiderStories) - PT Pembangkit Jawa Bali (PJB), signed an investment deal worth of Rp1.8 trillion (US$128.58 million) with Masdar, an energy company from the United...

US’s IDFC Prepares US$5B for Indonesia, Looking Various Projects

JAKARTA TheInsiderStories) - International Development Finance Corporation (IDFC), an independent agency under American government, prepares an investment US$5 billion for Indonesia, said the senior minister...

Japan’ Softbank Ready to Invests US$100B in New Capital City

JAKARTA (TheInsiderStories) - Founder of Japan venture capital' Softbank Corps., Masayoshi Son has interest to invest around US$100 billion at the new capital city projects, said...

Indonesia, UAE to Completes Investment Deal US$20B Next Week

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo would visit Abu Dhabi, United Arab Emirates (UAE) on Jan. 13 to complete an investment projects worth of...

Indonesia’s Ruangguru Gets Funding of US$150M from General Atlantic, GGV Capital

JAKARTA (TheInsiderStories) - Indonesia learning platform,  Ruangguru, completed the Series C funding worth of US$150 million from General Atlantic Indonesia (GAI) and United States'...

Malaysia’s Petronas Acquires 49% PI of Andaman III Block

JAKARTA (TheInsiderStories) - Malaysia oil and gas company, Petroliam Nasional Bhd through its unit Petronas Andaman III Indonesia has acquired 49 percent participation interest...

SKKMigas Targeting National Oil Production 1MMbbl in 2031

JAKARTA (TheInsiderStories) - The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) targeting to lift the national oil production up to one million barrels...

Nindya Karya, South Korea’s Firm Signs Contract to Build Pertamina’s Projects

JAKARTA (TheInsiderStories) - Nindya Karya, state-owned construction firm signed and agreement with South Korea' DH Group to build refinery in Dumai and Rokan Block...

Indonesia Adds Likupang on Special Economic Zones List

JAKARTA (TheInsiderStories) - Indonesian government has added Likupang in North Sulawesi Province into lists of its special economic zones (SEZ) through government regulation number...

Indonesia Needs Investment US$2,517B to Grow 6%

JAKARTA (TheInsiderStories)  - Indonesia needs Rp35,428 trillion (US$2,517.71 billion) of investment in five years period to reach the six percent growth, said national development...

US’ Global Infrastructure Partners to Invest US$5B in Indonesia

JAKARTA (TheInsiderStories) - Global Infrastructure Partners (GIP), an American-based company, plans to invest around US$5 billion in Indonesia starting 2020, said the senior minister...

Modernland, Lotte Invests US$142M to Build Property Project in Indonesia

JAKARTA (TheInsiderStories) - A property developer, PT Modernland Realty Tbk (IDX: MDLN) and South Korea' Lotte Engineering and Construction formed a joint venture company...

Indonesia’s Life Insurance Reached US$10.26B in Third Quarter

JAKARTA (TheInsiderStories) - Total life insurance premium in Indonesia reached of Rp143.7 trillion (US$10.26 billion) in the third quarter (3Q) of 2019, the association told the...

Japan’s Softbank, JBIC and UAE Eyeing Investment in Indonesia’s New Capital

JAKARTA (TheInsiderStories) - Indonesia’s plans to move its capital to East Kalimantan province presents ample opportunities for foreign investors. Japan Bank for International Cooperation...

Indonesian Government Proposes 15 Priority Bills in 2020

JAKARTA (TheInsiderStories) - Indonesian government proposed 15 draft bill included in the list of priority National Legislation Programs in 2020, said the minister last week....

IFC: Asia Pacific Potentials to Grab US$18T in Green Building Investment

JAKARTA (TheInsiderStories)  - Asia-Pacific, which will house half the world’ urban population by 2030, has potential to grab US$17.8 trillion worth of opportunities investment, primarily...

Singapore’ FinAccel Raises US$90M to Bring Kredivo Enters Southeast Asian Market

JAKARTA (TheInsiderStories) - Singapore' FinAccel, a financial technology (FinTech) company with brand Kredivo, has raised US$90 million in a Series C equity funding round led by...

Chinese Hongfa, Cita Mineral Build Second Alumina Plant in West Kalimantan

JAKARTA (TheInsiderStories) - PT Well Harvest Winning Alumina Refinery, unit of PT Cita Mineral Investindo Tbk (IDX: CITA) under Harita Group, and Hongfa Weili Alumina...

Indonesia Expanding Tax Incentives for Investors

JAKARTA (TheInsiderStories) - Indonesian government give more stimulus for investors by issued a new incentives through Government Regulation Number 78 of 2019 concerning income...

Malaysian RANHILL, Jasa Sarana Build Strategic Projects in West Java

JAKARTA (TheInsiderStories) - Malaysia' Ran Holdings Berhard (RANHILL) had signed three memorandum of outstanding with PT Jasa sarana to develop an infrastructure projects in West Java...

Indonesia, Hyundai Signs Investment Deal US$1.5B

JAKARTA (TheInsiderStories) - Indonesian government and Hyundai Motor Co., (HMC) signed an investment deal US$1.5 billion to build electric vehicle factory in Cikarang, Bekasi, West...

Chile Expects Infrastructure Cooperation with Indonesia

JAKARTA (TheInsiderStories) - Chile hopes the cooperation with Indonesia can be developed into the infrastructure, sanitation and renewable energy sectors as a form of...

Morning Briefing: Indonesia Targeting EODB Rank at 40 by 2021

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government will regulate all licenses under the Investment Coordinating Board to improve the ease of doing business (EODB) rank....

Indonesia Strives for 5.6% Economic Growth in 2020

JAKARTA (TheInsiderStories) - The government strives to bring Indonesia's economy to grow to 5.6 percent in 2020, from the 5.3 percent targeted this year....

Widodo, Fukuda Discuss 17 Japanese Projects in Indonesia

JAKARTA (TheInsiderStories)  - President Joko Widodo and president of Japan Indonesia Association (Japinda) Fukuda Yasuo discussed 17 Japanese projects in Indonesia, ranging from trains,...

Jakarta – Surabaya Semi Fast Train Start to Construct 2022

JAKARTA (TheInsiderStories) - Indonesian government targeting the construction of the Jakarta-Surabaya semi fast train starting 2022 and will be completed in 2026, said the minister on...

Singapore Keppel, Mega Manunggal Forms Private Equity Fund

JAKARTA (TheInsiderStories) - Singapore' Keppel Corp., through its subsidiary, Alpha Investment Partners  Ltd., and local warehouse provider, PT Mega Manunggal Property Tbk (IDX: MMLP), formed...

Indonesian House Urges the Gov’t Complete Omnibus Law Draft in January

JAKARTA (TheInsiderStories) - Indonesian parliamentary body urgers the government should complete the omnibus law draft within the next 1-2 months to get them into...