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Indonesia: MDI Ventures Invests Series C Funding for Cermati

JAKARTA (TheInsiderStories) - Telco operator, PT Telkom Indonesia Tbk (IDX: TLKM), through its subsidiary MDI Ventures, participated in the Series C funding of financial products marketplace,...

UK and Indonesia Concludes First Round Trade Deal

JAKARTA (TheInsiderStories) - The United Kingdom (UK) and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening GBP3 billion (US$4.16 billion)...

Indonesia Posts Investment Realization US$15B in 1Q 2021

JAKARTA (TheInisderStories) - The National Investment Coordinating Board reported the investment realization of Rp219 trillion (US$15.10 billion) in the first quarter (1Q) of 2021 from the same quarter...

Weekly Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! The National Investment Coordinating Board has an agenda to releases the latest investment realization data of Indonesia in the first...

Indonesia: Astra will Aggressively Invests in Startup

JAKARTA (TheInsiderStories) - Conglomeration firm, PT Astra International Tbk (IDX: ASII) will aggressively invest in startups during this yea after involve in the funding round of...

Ireland: Kerry Group to Invests US$36M in Indonesia

JAKARTA (TheInsiderStories) - Kerry Group (LON: KYGA) invests 30 million Euros (US$36.14 million) in Indonesia to build second manufacturing of taste facility in Karawang, West Java....

China: ENFI, Freeport to Build Copper Smelting in West Papua

JAKARTA (TheInsiderStories) - China ENFI Engineering Corp., together with local partners, PT Freeport Indonesia (PTFI) and PT Indonesia Asahan Aluminium (MIND ID) plans to develop...

Indonesia Set Up Investment Ministry, Remodel Two Department

JAKARTA (TheInsiderStories) - Indonesian President, Joko Widodo, to set up new ministry for investment affairs and remodel some department. The proposal has been approved by the...

Indonesia’s Energi Mega Eyes New Gas Block in 2021

JAKARTA (TheInsiderStories) - Unit of Bakrie Group, PT Energi Mega Persada Tbk (IDX: ENRG) plans to acquire new assets and to develop the existing projects, said...

Kendal Industrial Estate Receives US$132M of Investment

JAKARTA (TheInsiderStories) - President director and CEO Kendal Industrial Estate, Stanley Ang, said on Tuesday has received 66 investors with total investment Rp19.2 trillion (US$1.32 billion). He...

Indonesia – China Reaches Trade and Investment Deal US$2.71B

JAKARTA (TheInsiderStories) - Minister of trade, Muhammad Lutfi, said that Indonesia reached an investment and trade agreement with China worth of US$2.71 billion during his visit...

UAE to Invests US$10B in Indonesia Investment Authority

JAKARTA (TheInsiderStories) - Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi announced the United Arab Emirate (UAE) will invest US$10 billion in Indonesia...

Indonesia – EFTA Trade Agreement Will Be Ratified Soon

JAKARTA (TheInsiderStories) - House of Representatives and the government agreed to ratified the Indonesia - European Free Trade Association (EFTA) Comprehensive Economic Partnership Agreement (IE-CEPA),...

LDA Capital Inject Funds US$8M to Indonesian Textile Firm

JAKARTA (TheInsiderStories) - Global investment group from the United States, LDA Capital, injected capital Rp125 billion (US$8.68 million) to local firm, PT Sejahtera Bintang Abadi Textile...

Indonesia Gives Tax Holiday for Electric Vehicle Producers

JAKARTA (TheInsiderStories) - The ministry of finance considered to give tax holiday for 10 years to the new investors, especially in the electric vehicle (EV) sectors,...

The Japanese Automotive Giant to Invests in Indonesia

JAKARTA (TheInsiderStories) - Minister of industry, Agus Gumiwan Kartasasmita, announced Japanese automotive giant companies plans to invest in Indonesia. In the meeting with various principals in...

Mitsubishi Motors to Invests US$778M in Indonesia

JAKARTA (TheInsiderStories) — Japan’ automotive company, Mitsubishi Motors Corp., has committed to invests around Rp11.2 trillion (US$777.78 million) in Indonesia, said the minister of...

Indonesia – Singapore Investment Protection and Treaty Effective

JAKARTA (TheInsiderStories) - Indonesia - Singapore Bilateral Investment Protection and Treaty, which establish rules on the treatment of investors and investments from both countries, came into...

Frisian Flag Indonesia Build New Milk Plant for US$268M

JAKARTA (TheInsiderStories) - Milk producer, PT Frisian Flag Indonesia, start the development of new factory in Cikarang, Bekasi, West Java, with an initial investment of EUR225...

Pertamina Signs US$2B LPG Supply Deal with ADNOC

JAKARTA (TheInsiderStories) - The unit of state run energy firm, PT Pertamina, and Abu Dhabi National Oil Company (ADNOC), has signed liquefied petroleum gas (LPG) and...

SOEs Seeking Funds Through Indonesia Investment Authority

JAKARTA (TheInsiderStories) - State-owned enterprises (SOEs) are preparing billion-dollar projects to get fresh fund through Indonesia Investment Authority (INA). The energy holding, PT Pertamina, has prepared...

DPWorld, Maspion Group Build Port in East Java for US$1.2B

JAKARTA (TheInsiderStories) - DP World and Caisse de dépôt et placement du Québec has signed a long-term agreement with Indonesian conglomeration company, Maspion Group, to construct...

Indonesia’s Pertamina to Spends US$92B Until 2024

JAKARTA (TheInsiderStories) - The largest oil and gas producer, PT Pertamina, plans to spends around US$92 billion during 2020 - 2024, said the director today. Majority...

Indrawati Targeting New Investment US$21B Through INA

JAKARTA (TheInsiderStories) - Finance Minister, Sri Mulyani Indrawati, targeting the Indonesia Investment Authority (INA) have a capability to attract new investment around Rp300 trillion (US$21.05 billion)...

Widodo Optimistic Indonesian Economic Growth 5% in This Year

JAKARTA (TheInsiderStories) - President Joko Widodo optimistic that Indonesian economy will grow 5 percent in this year with various efforts by the government. In the 2021...

Breaking News: Widodo Revokes Liquor Investment Rules After get Criticises

JAKARTA (TheInsiderStories) - After get criticize from ulema and other moslem society, President of Indonesia, Joko Widodo, revoked the investment permit on liquor stated at the...

Three Japanese Companies Relocates Plant From China to Indonesia

JAKARTA (TheInsiderStories) - Industry minister, Agus Gumiwang Kartasasmita, has confirmed at least three Japanese companies will relocate their factories from China to Indonesia. The company are...

Microsoft to Establish First Datacenter Region in Indonesia

JAKARTA (TheInsiderStories) - An American tech firm, Microsoft Corp., (NASDAQ: MSFT), announced to establishfirst datacenter region in Indonesia to advancing growth and digital transformation, vibrant...

Indonesia Releases Positive Investment List to Boost Capital Inflow

JAKARTA (TheInsiderStories) - Indonesian government has set a positive investment list as stipulated in the Government Regulation Number 10 of 2021 concerning the Investment Business Sector....

Foreign Investors Free to Open Post and Delivery Services In Indonesia

JAKARTA (TheInsiderStories) - Indonesia allowed foreign investors to open post and delivery service in Indonesia, showed by the new Government Regulation Number 46 of 2021 concerning...
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