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Seven Foreign Firms will Relocates Factory to Indonesia

JAKARTA (TheInsiderStories) - Seven foreign firms from the United States (US), Japan, Taiwan and South Korea ready to relocates their factories to Indonesia, said head of...

West Java Offers Investment Projects US$50B to Investors

JAKARTA (TheInsiderStories) - The West Java regional government offers around 209 investment projects with a value around Rp700 trillion (US$50 billion), said the governor in an...

Indonesia to Connects Trans Java Toll Road to Bali Island

JAKARTA (TheInsiderStories) - Indonesia' public works and public housing minister Basuki Hadimuljono said, the government would extend the Trans Java toll road from its...

Hyundai, LG Chemical to Set Up EV Factory in Indonesia

JAKARTA (TheInsiderStories) - Two major firms, Hyundai Motor Group and LG Chemical are working to set up an electric vehicle (EV) battery plant in Indonesia, South...

Indonesia Regulates Government Investment During COVID-19 Pandemic

JAKARTA (TheInsiderStories) - Finance ministry of Indonesia finally ratified the derivative rules of Government Regulation Number 63 of 2019 by issued the ministerial decree Number 53 of...

Taiwan’s CPC, Pertamina to Build Petrochemical Complex in West Java

JAKARTA (TheInsiderStories) - A joint petrochemical complex planned by CPC Corp., from Taiwan and state-owned energy producer, PT Pertamina is to be built in Balongan, West Java,...

Indonesia’s Konimex Invests US$7M in e-Retailer Iuiga

JAKARTA (TheInsiderStories) - Conglomeration firm, Konimex Group, led Series A Funding with total amount of S$10 million (US$7.04 million) in e-retailer Iuiga, it said today (05/13)....

Indonesia Offers Six Infrastructure Projects More Than US$5B

JAKARTA (TheInsiderStories) - Indonesia offered six toll road and bridge projects across the archipelago with total investments Rp80.8 trillion (US$5.37 billion), said the government official last...

Bars Motors Build Electric Vehicles Plant in Indonesia

JAKARTA (TheInsiderStories) - Mongolian firm, Bars Motors LLC, to construct an electric vehicles assembly plant in Bumi Benowo land owned by developer and warehouse company, PT Bumi...

Indonesia’s GoJek Finalizes the Acquisition of Moka

JAKARTA (TheInsiderStories) - Indonesia’ decacorn, GoJek, has acquired the mobile point of sales provider, Moka, for Rp1.68 trilion (US$108.39 million). Now, the company awaits business competition supervisory commission...

Weekly Briefing: Investor Awaits Updating COVID-19 Impacts

JAKARTA (TheInsiderStories) - Good Morning! The week ahead sees around 500 American (US) companies report earnings, providing an initial insight into how the COVID-19...

Indonesia’s Kargo Secures Series A Funding US$31M

JAKARTA (TheInsiderStories) - Indonesia' freight logistics firm, Kargo Technologies, has secured Series A Funding round worth of US$31 million led by Silicon Valley-based Tenaya Capital. Other...

10 Infrastructure Projects Excludes from Indonesia’s NSP List

JAKARTA (TheInsiderStories) - The Indonesian government has decided to exclude 10 infrastructure projects from the National Strategic Project (NSP) list, said senior ministers today (04/16)....

Indonesia’s KoinWorks Raises Debt and Equity Funding US$20M

JAKARTA (TheInsiderStories) - KoinWorks raised debt and equity funding worth of US$20 million from investors such as Quona Capital, EV Growth, Saison Capital, One of the...

Investree Bags US$23.5M from Japan’s Mitsubishi, BRI Ventures

JAKARTA (TheInsiderStories) - P2P lender, Investree, has raised the first tranche of its new series C funding round worth of US$23.5 million to fuel its business...

Indonesia’s Investment Realization Rises 6% in 1Q 2020

JAKARTA (TheInsiderStories) - Indonesian Investment Coordinating Board is estimating the investment realization in first quarter (1Q) of 2020 rises six percent compared to same period...

Five Investors Eyes Indonesia’s Infrastructure Projects

JAKARTA (TheInsiderStories) - Prospective investors expressed their interest in five public private partnerships (PPP) projects offered by the public works and public housing, said the...

Indonesia, Netherlands Signs 25 Business Agreements EUR1B

JAKARTA (TheInsiderStories) - Indonesian and Dutch businessmen signed 25 agreements with total amount EUR1 billion (US1.14 billion) during the visit of Dutch King Willem Alexander...

Morning Briefing: BI Sees Indonesia Economy Rebound in 2Q

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia believes there is an economic rebound in the second quarter (2Q) of 2020 due to the coronavirus outbreak. The...

Morning Briefing: Malaysia’s PM Offers Big Coalition

JAKARTA (TheInsiderStories) - Malaysia' interim prime minister, Mahathir Mohammad has met the leaders of major political parties, including Anwar Ibrahim and those he defeated in the...

Indonesia Drives Spending to Curb the Domestic Economy

JAKARTA (TheInsiderStories) - Indonesian President asked his staff to accelerates the disbursement of government spending to boost the domestic economy at the limited meeting...

Indonesia Needs US$20B for Energy Mix Program Until 2024

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry has set the investment target for the renewable energy and conservation sector to reach...

Morning Briefing: BI Rate Announces Today

JAKARTA (TheInsiderStories) - Good Morning! Today, the policymaker to announces the Bank Indonesia (BI) seven days reverse repo rate. Some analysts hope the central bank...

Indonesia Optimist to Attracts US$117B Oil, Gas Investment Until 2024

JAKARTA (TheInsiderStories) - The oil and gas sector is estimating still have a great opportunity to attract investors with a total investment value around US$117 billion...

Indonesia’s SWF Body Regulates in Omnibus Law Job Creation

JAKARTA (TheInsiderStories) - The form of Sovereign Wealth Fund (SWF) body regulated at the Omnibus Law for Job Creation, it showed at the draft bill...

Indonesia’s Trade Minister Flies to Washington to Completed GSP

JAKARTA (TheInsiderStories) - Indonesia' minister of trade, Agus Suparmanto is committed to improve bilateral trade with the United States (US) by completed the Generalized System...

Australia Top List Among International Investors Search

JAKARTA (TheInsiderStories) – Australia ranks as the top investment destination among dealmakers within Asia Pacific and globally, outshining many of Asia’ more popular, high-growth emerging...

Indonesia’s Pertamina offers Another Global Bond

JAKARTA (TheInsiderStories) - Indonesian energy producer, PT Pertamina, has plans to releases another global medium term notes (GMTN) under its US$10 billion program. The plan...

US’s Goods Imports Soars 35.6% from Vietnam

JAKARTA (TheInsiderStories) - United States (US) goods imports from Vietnam soared 35.6 percent last year, as businesses rushed to work around tariffs levied on mainland...

Mineral, Coal Investment in Indonesia Drops this Year

JAKARTA (TheInsiderStories) - Mineral and coal investment in Indonesia is expected to decline until 2024, said chair of Indonesian Mining and Energy Forum, yesterday (02/12). The...