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Indonesia’s Adhi Karya Ready to Build LRT Lines to Bogor

Jakarta (TheInsiderStories) - Publicly listed company, PT Adhi Karya Tbk (IDX: ADHI), ready to build light rail transit (LRT) lines Cibubur - Bogor starting...

Morning Briefing: Subianto’s Voters Rises, Voices for Widodo Dropped

JAKARTA (TheInsiderStories) — Good morning! Roy Morgan, a Melbourne-based market research firm, reported presidential candidate Prabowo Subianto' voter has narrowed slightly compared to Joko Widodo. The...

Widodo: Jakarta Integrated Transportation Need Funds US$42T

JAKARTA (TheInsiderStories) - President of Indonesia Joko Widodo revealed the budget needed for the integration of Jakarta and its surrounding transportation management (Bogor, Depok, Tangerang and...

Morning Briefing: US’s FOMC Divided on the Further FFR Hikes in...

JAKARTA (TheInsiderStories) – Good morning! United States' Federal Open Market Committee (FOMC) minutes meeting showed the member divided wether to raise Federal Reserves fund...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Policy Review: Indonesia Begs Loans from World Bank to Fund LRT...

JAKARTA (TheInsiderStories - The World Bank is reportedly offering the Indonesian government a loan to fund the country’s light rail transit (LRT) developments, said transportation...

Elevated Project Moratorium Pressures Private Contractors

JAKARTA (TheInsiderStories) – The Government's emergency decision to halt all elevated transportation projects across the country will certainly exert an impact on private contractors involved in...

Government Halts All Elevated Structures Construction

JAKARTA (TheInsiderStories) – The Public Works and Housing Ministry on Tuesday (20/02) decided to halt all the construction of elevated structures, both toll road,...

Railway Firm KAI Gets Rp19.25T Syndicated Loan for LRT Project

JAKARTA (TheInsiderStories) - State-owned rail operator PT Kereta Api Indonesia (KAI), the operator of the Greater Jakarta Light Rail Transit (LRT), on Friday, signed...

Sumitomo Gives Rp4.05 Trillion Syndicated Loans for LRT Project

JAKARTA (TheInsiderStories) - Japan-based bank Sumitomo Mitsui Indonesia has agreed to sign deal in syndicated loans valued Rp4.05 trillion with PT INKA (Persero), PT...

Daily Business Briefs – Dec. 22

JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Bank of Japan Keeps Monetary Policy on Hold Japan’s...

Railway Firm KAI, Adhi Karya Sign LRT Contract Amendment

JAKARTA (TheInsiderStories) - State-owned railway company PT Kereta Api Indonesia (KAI) and state-owned construction company PT Adhi Karya Tbk (IDX:ADHI) on Tuesday (19/12) signed...