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Government Invites US’s Firms Move to Indonesia from China

JAKARTA (TheInsiderStories) - The government is trying to invited United States (US) companies relocated their factories from China to Indonesia, said the senior official...

Indonesia’s Sarana Menara Shares Trade US$32.53M

JAKARTA (TheInsiderStories) - Indonesian tower provider, PT Sarana Menara Nusantara Tbk (IDX: TOWR) stock occurred in the negotiating market on Thursday (09/12) with total value...

Indonesia Planning to Cut Red Tape to Win More Investors

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo asked his ministers to immediately cut the red tape to attract more investment enter the country. For...

Indonesia’s Life Insurance Revenues Rose 31.9% in Q2 2019

JAKARTA (TheInsiderStories) - The Association of Indonesian Life Insurance reported total life insurance revenues in the second quarter (2Q) of 2019 rose 31.9 percent to...

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...

Widodo Asks Ministers More Aggressives to Bring Investment to Indonesia

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo asked his staff more aggressive and solve all the obstacle that hampered investment in the country. This was said...

Toyota Indonesia Plans to Produce Electric Cars Starting 2022

JAKARTA (TheInsiderStories) - Indonesian car manufacturer, PT Toyota Motor Manufacturing Indonesia (TMMIN) announced ready to produce electric vehicles (EV) hybrids starting in 2022 with sport utility vehicles (SUV)...

Japan’s Hashimoto, Sula Energy to Invest US$275M in Palu

JAKARTA (TheInsiderStories) - Japan' manufacturer Hashimoto Corp. and local firm PT Sula Kor Energi (SKE) will invest a total of Rp3.9 trillion (US$274.64 million)...

Walujo, Ng Buys 51% Bank Artos Indonesia Shares

JAKARTA (TheInsiderStories) - Two Indonesian businessmen, Patrick Walujo and Jerry Ng is reported will acquired 51 percent of publicly listed lender, PT Bank Artos Indonesia...

MDI Ventures, Sequoia Invests US$20M in Hong Kong’s QFPAY

JAKARTA (TheInsiderStories) - PT MDI Ventures, the investment arm of state-owned  telecommucation firm, PT Telkom Indonesia Tbk (IDX: TLKM) and other investors invested US$20...

Batam Eyes US$979M Investment in This Year

JAKARTA (TheInsiderStories) - Indonesian government eyeing to reap new investment Rp14 trillion (US$979.02 million) in Batam by the end of 2019 from last year' only Rp1 trillion,...

Widodo Signs Regulations to Boost Electric Vehicle Industry

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo has signed presidential decree on the electric vehicle (EV), to prompt investors immediately start the industry.The decree contained...

Japan, South Korea’s Investors Plans to Build Electronic Factory in Indonesia

JAKARTA (TheInsiderStories) - Investor from Japan and South Korea aimed to build electronic factory in Indonesia, government official told TheInsiderStories early this week. Currently, the ...

Indonesia’s Slowing Growth as Early Warning, says Minister

JAKARTA (TheInsiderStories) - Minister of National Development Planning Bambang Brodjonegoro rated slowing economic growth in the second quarter (2Q) of 2019 became an early...

Pertamina’s Jambaran-Tiung Biru Project Gets Funding US$1.85B

JAKARTA (TheInsiderStories) - PT Pertamina EP Cepu (PEPC), a subsidiary of state-owned energy producer, PT Pertamina get funds of US$1.85 billion from a consortium of...

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 Well-Positioned to Generate Economic Growth

JAKARTA (TheInsiderStories) - Despite the expected challenges facing the global economy this year, Indonesia and other Southeast Asian countries are well-positioned to generate ongoing...

Indonesia Rank Fourth Investment Destination by Score 84.4

JAKARTA (TheInsiderStories) - Indonesia ranked fourth investment destination countries in 2019 with an investment score and doing business of 84.4, CEOWORLD reported this week....

Marsudi Met Wang Yi to Improves Bilateral Relationship

JAKARTA (TheInsiderStories) - Indonesian Foreign Minister Retno Marsudi and Chinese State Councilor and Foreign Minister Wang Yi met in Bangkok, Thailand, vowing to improve high-level exchanges of...

Indonesia Utilizes US, China Trade War to Grab New Investment

JAKARTA (TheInsiderStories) -Indonesia is utilizing United States (US) and China trade war to grab new investment, said one official on Tuesday (07/30). In the...

Indonesia Posted Realization Investment US$28.26B in 1H 2019

JAKARTA (TheInsiderStories)—The Indonesian Investment Coordinating Board reported that the country recorded realization investment Rp395.6 trillion (US$28.26 billion) in the first semester (1H) of 2019,...

Indonesia’s Pertamina Gets 30% Corridor Block Shares Starting 2026

JAKARTA (TheInsiderStories) - State-owned oil producer, PT Pertamina obtain participating interest (PI) of 30 percent through its subsidiary in Corridor Block starting in 2026. Currently...

Indonesia’s Traveloka Intends to Seek US$500M Fresh Funding Round

JAKARTA (TheInsiderStories) - Indonesian unicorn Traveloka is looking to raise Rp7 trillion (US$500 million) fresh funding that could value the company at as much...

Indonesia MNC, Qiming Inject Funds US$45M to RedDoorz

JAKARTA (TheInsiderStories) - Indonesian company MNC Group joined with Chinese venture capital firm Qiming Venture Partners and other investors injected a Series B round US$45 million...

Morning Briefing: Indonesia Announces the Realization Investment Today

JAKARTA (TheInsiderStories) – Good morning! Indonesian Coordinating Investment Board will announce the realization investment for second quarter (2Q) of 2019. In the 1Q of...

Japan’s Softbank, Grab Holdings Invests US$2B in Indonesia

JAKARTA (TheInsiderStories) - Singapore' ride-hailing company Grab Holdings Inc., get another US$2 billion funds and will investing in Indonesia. Last March, one of the leading apps...

Indonesia’s Ralali Raises US$13M to Build B2B E-Commerce Platform

JAKARTA (TheInsiderStories) -​ Ralali.com, the first and largest online B2B marketplace e-commerce platform in Indonesia raised  US$13 million from three foreign investors. The startup is...

South Korea’s Hyundai Aims to Build High Technology Car Factory in...

JAKARTA (TheInsiderStories) - South Korea' Hyundai Motor Group top management met with Indonesian President Joko Widodo at the Merdeka Palace, Jakarta today (07/25) to inform the...

Morning Briefing: Indonesia’ 2Q Investment Data Out This Week

JAKARTA (TheInsiderStories) – Good morning! This week, investors will direct their attention to Indonesian investment data from the Investment Coordinating Board. With certainty after...

Taiwanese Apple Producer Plans to Invest in Indonesia

JAKARTA (TheInsiderStories) - Taiwanese Apple supplier, Compal Electronics look Indonesia become its new investment destination. Currently, the manufacturer of sophisticated electronic products such as iPad, iPhone,...