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Tracking Indonesian Wealth Overseas

JAKARTA (TheInsiderStories) - The Government of Indonesia has recorded significant growth of foreign investment, following the implementation of its tax amnesty. Singapore remains the largest...

Japan Credit Rating Upgrade: Indonesia is ‘Stable’

JAKARTA (TheInsiderStories) - The Japan Credit Rating Agency (JCRA) has upgraded Indonesia's rating by one notch, revising the outlook to ‘Stable’. The rating agency...

President to Simplify Work Permits for Foreigners

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo (Jokowi) has instructed his administration to simplify the foreign workers permit process, which is known to be...

Policy Review: Indonesia Must Exert More Effort to Attract Investors

JAKARTA (TheInsiderStories) –  The Indonesian government efforts to encourage investor interest have not been maximized as reflected in investment performance, which only recorded moderate...

Global Foreign Direct Investment Fell by 16% in 2017

JAKARTA (TheInsiderStories) - The global flow of foreign direct investment (FDI) in 2017 fell by 16 percent to US$1.5 trillion, from US$ 1.8 trillion...

Indonesia Industrial Investment Hits US$21.6B in 2017

JAKARTA (TheInsiderStories) – The government has announced that the realized investment in industrial sector in 2017 reached US$21.6 billion with total 256 projects, showing the...

Government to Probe US$26.2 billion in Unallocated Investment Funds

JAKARTA (TheInsiderStories) – The Indonesian government is stymied by incomplete disbursement of funds for investment, a serious drawback in Southeast Asia’s largest economy. In fact,...

Indonesian Government Seeks US$18.6B Investment for 13 Industrial Zones

JAKARTA (TheInsiderStories) – The Indonesian government continues to stimulate economic growth by promoting investment potential and local industries to investors, including investment potential in...

Indonesia Simplifies Investment Permit to Attract Investors

JAKARTA (TheInsiderStories) – Foreign investors often express disappointment over Indonesia’s famously lengthy permit processing protocol. As a move to expedite this unfortunate situation, the...

Freeport Indonesia’s Shares Divestment Unclear, Loss US$3 Million on Strike

JAKARTA (TheInsiderStories) - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan insist the divestment of PT Freeport Indonesia (FI) not final yet but the agreement...

Govt Proposes $30b Infrastructure Spending in 2018. For What?

JAKARTA (TheInsiderStories) - The Indonesian Government proposed Rp409 trillion or $30.3 billion for infrastructure spending next year to the legislative. Why should the government...

Alibaba Invests $1.1b to lead Tokopedia Become Unicorn After Go-Jek

JAKARTA (TheInsiderStories) - China's e-commerce player, Alibaba Group Holding Ltd. continues to expand its business in Southeast Asia region with poured $1.1 billion investment...

Philippines AG&P, Indonesian Energy Firm Build Power Plant in Bantaeng

JAKARTA (TheInsiderStories) - Philippines-based, Atlantic, Gulf and Pacific Company (AG&P) partnering with Indonesian energy firm, PT Energi Nusantara Merah Putih (ENMP) plans to develop a 600...

Oil and Gas Investment Continues to Decline

JAKARTA (TheInsiderStories) - Investment in the oil and gas sector in Indonesia during the first half of this year reached US$4.8 billion or decline...

Investment Will Boost Economic Growth in H2

JAKARTA (TheInsiderStories) - The Indonesia Government believed the investment realization will boost the economic growth in the second half (H2) of this year, said...

Have Indonesian Government Regulation Friendly Enough for Renewable Energy’s Investor?

JAKARTA (TheInsiderStories) - Indonesia is expected to face an energy crisis by 2020-2030 due to its inability to generate enough clean energy to meet the electricity needs...

East Java Offers US$4 Billion Suramadu, Madura Projects

JAKARTA (TheInsiderStories) - Local Government of East Java through The Surabaya-Madura Regional Development Board (BPWS) offered new projects worth Rp53.1 trillion (US$4 billion) to...

Traveloka Raises New Funding US$500 Million from Expedia, Others

JAKARTA (TheInsiderStories) - Indonesian travel apps, Traveloka announced that the company has raised approximately US$500 million through investments from global online travel leader Expedia, Inc....

Singapore, Indonesia Prepares Six Investment Partnerships

JAKARTA (TheInsiderStories) - Singapore and Government of Indonesia preparing six investment partnership to improve the bilateral relationships between the two countries. The annual bilateral meeting will...

Investment Realization Jumped 12.9% to US$25.3 billion in H1

JAKARTA (TheInsiderStories) - Indonesia Investment Coordinating Board (BKPM) announced the realization of investment in firs half (H1) of 2017 worth of Rp336.7 trillion (US$25.31...

Rp221 Trillion Investment for Special Economic Zones

JAKARTA (TheInsiderStories) - The investors' appetite to invest in the Special Economic Zones (SEZ) is high as it reached Rp221 trillion (US$16.62 billion) in the first...

South Korean LG To Build Petrochemical Plant in West Papua

JAKARTA (TheInsiderStories) - South Korean LG International Corp., join with its local partner PT Duta Firza ready to develop petrochemical plant in West Papua after...

South Korean Lotte Chemical Prepares Investment US$4b in Indonesia

JAKARTA (TheInsiderStories) - South Korean chemical company Lotte Chemical Titan, is set to realize its US$4 billion investment plan in Indonesia, to producing naphtha cracker...

Indonesia, China Sign $1.63 billion investment in Morowali

JAKARTA (TheInsiderStories) - For boosting the cooperation in economy, Indonesia and China had signed an investment agreement for US$1.63 billion value, said Minister of Industry Airlangga...

Toll road regulator BPJT offers two projects with availability payment scheme

JAKARTA (TheInsiderStories) - Toll Road Regulatory Agency (BPJT) plans to auction two toll road projects to investors, as a move to improve connectivity in the...

UAE committed to invest up to US$5 billion in Indonesia

JAKARTA (TheInsiderStories) - The United Arab Emirates (UAE) is interested to invest up to US$5 billion in energy, infrastructure and agriculture sectors in Indonesia, showing...

Investor ready to invest US$1 billion in Sei Mangkei and Mandalika

JAKARTA (TheInsiderStories) - A number of investors are ready to invest US$1 billion in two Special Economic Zone (SEZ) in Sei Mangkei, North Sumatra...

Perusahaan Gas Negara sets capex US$500 million in 2017

JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million...

Lippo reveals plan to develop Rp278T new satelite city Meikarta in...

JAKARTA (TheInsiderStories) - Lippo Group on Thursday (May 4) revealed its plan to develop new satellite town in West Java, on the Jakarta-Bandung corridor,...