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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...

Three Global Companies to Invests in Batang Industrial Zone

JAKARTA (TheInsiderStories) - Investment Coordinating Board announced Dutch manufacturer Wavin B.V., LG Corp., and KCC Glass Corp., from South Korea, will invests in Batang Integrated Industrial Zone, Central...

Indonesia Offers Various SOEs Assets to the Global Investors

JAKARTA (TheInsiderStories) - Various state-owned enterprises shares will offer to the global investors through Indonesia Investment Authority (INA), said the government official on Wednesday (02/03)....

Indonesia has Potential to Grab US$17B in the Lithium Battery Projects

JAKARTA (TheInsiderStories) - Indonesia has potential to grab new investment in the lithium battery for electric vehicle (EV) projects up to US$17 billion, said the official...

Standard Life Abeerden Leaves Indonesian Market

JAKARTA (TheInsiderStories) - British' Standard Life Aberdeen as the beneficial owner of the investment manager firm, PT Aberdeen Standard Investments Indonesia, has decided to leave...

Various Strategy Prepares in Indonesia Investment Authority

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, said the Indonesia Investment Authority (INA) will form a master, sub Fund and a joint venture company...

FDI to Indonesia Drops 2.43% in 2020

JAKARTA (TheInsiderStories) - Head of National Investment Coordinating Board, Bahlil Lahadalia, announced foreign direct investment (FDI) dropped by 2.43 percent in 2020 from a year...

Indonesia Offers the Extension Semi-fast Train Project to China

JAKARTA (TheInsiderStories) - The senior minister for maritime and investment affairs, Luhut Binsar Pandjaitan, asked Chinese government to connect the Jakarta - Surabaya Semi-fast Railway with...

Indonesia Prepares Oil and Gas Tender US$6B in This Year

JAKARTA (TheInsiderStories) - The Special Task Force for Upstream Oil and Gas Business Activities (SKKMigas) together with the contractors are preparing an oil and gas...

Indonesia Sees Oil and Gas Investment US$17B in 2021

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry targeting the new investment in the oil and gas sector to rises around 45 percent from...

Indonesia Targets New Investment US$6B in Mining Sector

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry set the investment target in mining sector could reached of US$5.98 billion in 2021, said...

Indonesia’s Wijaya Karya to Spends US$216M in This Year

JAKARTA (TheInsiderStories) - The construction firm, PT Wijaya Karya Tbk (IDX: WIKA) plans to spend Rp3.05 trillion (US$216.31 million) in 2021, said the spokesman yesterday. This...

Wang Yi Promises to Import More Indonesian Products

JAKARTA (TheInsiderStories) - Chinese Councillor and foreign ministers, Wang Yi, promised that his country would import more Indonesian products and increase investment in Indonesia, as Jakarta urged...

Indonesia’s Smartfren Prepares Investment US$300M in 2021

JAKARTA (TheInsiderStories) - After get new shareholder, telco operator, PT Smartfren Telecom Tbk (IDX: FREN) prepared capital expenditure around US$300 million in this year, said finance...

Spain’s Repsol Invests US$359M in Sakakemang Block

JAKARTA (TheInsiderStories) - Repsol Indonesia, an oil and gas company controlled by Spain' Repsol SA (BSE: REP) has just obtained government approval for the First Plan...

European Petrochemical Companies to Invest US$2B in West Papua

JAKARTA (TheInsiderStories) - Indonesian government has received a number of investment plans from foreign investor in Bintuni industrial estates, West Papua, said the senior economic...

Indonesia’s Energi Mega Prepares US$100M for Expansion

JAKARTA (TheInsiderStories) - Bakrie Group' energy company, PT Energi Mega Persada Tbk (IDX: ENRG) allocating capital expenditure of US$100 million in 2021, said the issuer on...

Indonesia’s PLN Receives Loan Facilities from ADB, KfW US$190M

JAKARTA (TheInsiderStories) - Indonesia' power producer, PT Perusahaan Listrik Negara (PLN), received funding facilities from the Asian Development Bank (ADB) and Kreditanstalt fur Wiederaufbau (KfW) with...

Canada Ready to Invests US$2B in SWF Indonesia

JAKARTA (TheInsiderStories) - Senior minister for maritime and investment affairs, Luhut Pandjaitan, said the government has secured a funding commitment from Canada worth of $2 billion...

Dutch’s Verstegen Prepare to Build Nutmeg Plant in Papua

JAKARTA (TheInsiderStories) - The world' largest nutmeg producer, Verstegen Spices & Sauces B.V., is interested to develop the nutmeg factory in Fakfak Regency, West Papua. The...

Indonesia’s Energy Investment Only US$22B in This Year

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry sees total investment in the energy and natural resources sector only reaches US$22.33 billion in...

Indonesia Sees US$2.3B of New Investment in Agro Industry

JAKARTA (TheInsiderStories) - The Ministry of industry recorded around Rp32.5 trillion (US$2.30 billion) of investment in agro industry has potential to enter Indonesia, said the official last...

Indonesia’s Gunung Raja Paksi Prepares US$486M for Expansion

JAKARTA (TheInsiderStories) - Indonesian steel-maker, PT Gunung Raja Paksi Tbk (IDX: GGRP) prepared an investment funds around Rp6.8 trillion (US$482.26 million) to build new factory in...

Japan’s Toyota Prepares US$2B to Build EV Plant in Indonesia

JAKARTA (TheInsiderStories) - Japan' auto-maker, Toyota Motor Corp., is preparing an investment fund up to US$2 billion in indonesia until the next five years, said the...

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...
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