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US’s IDFC to Invest US$3B for Toll Road Projects

JAKARTA (TheInsiderStories) - International Development Finance Corporation (IDFC), an independent agency under the American government, has committed to invest US$3 billion in Indonesian toll...

Japan’s Softbank Prepares US$40B for New Capital City Investment

JAKARTA (TheInsiderStories) - Japan's SoftBank Group Corp., has prepared around US$40 billion to build international standard research and development (R&D) centers, education and hospitals...

Indonesia, Japan to Form Sovereign Wealth Fund

JAKARTA (TheInsiderStories) - Indonesia and Japan Bank for International Cooperation (JBIC) looks to explore the establishment of a sovereign wealth fund (SWF) as an...

Indonesia Starts New Capital City Construction in 2021

JAKARTA (TheInsiderStories) - Indonesia will start the construction of the new capital city in 2021, with a view to having the administrative center fully...

Investment in Indonesia’s Energy Sector Reaches US$63.6B by 2024

JAKARTA (TheInsiderStories) - Indonesian coordinating minister for maritime and investment affairs Luhut Binsar Pandjaitan said he is upbeat the investment target in the energy...

Indonesia Sees Bauxite Downstream Reaches US$13B Next Year

JAKARTA (TheInsiderStories) - Indonesia has the sixth-largest bauxite reserves in the world and the government sees the potential of bauxite downstream could reach US$13...

Nine Indonesian Miner Verifies to Export Nickel Ore

JAKARTA (TheInsiderStories) - The Indonesian government has lifted the ban on nickel ore export for nine of 11 companies after inspections into reports of...

The US$60B Indonesian Pertamina’s Projects will be Completed in 2021

JAKARTA (TheInsiderStories) - Indonesia is targeting six refinery projects worth US$60 billion of PT Pertamina to be completed in parallel in the next two...

Indonesian President Expands Pandjaitan’s Authority

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo expands the jurisdiction and level of authority of Luhut Binsar Pandjaitan, a former military general and his...

China’ Railway Constructor Eyes Jakarta-Surabaya Railroad Projects, Minister

JAKARTA (TheInsiderStories) - China' state-owned railway constructor, China Railway Construction Corporation (CRCC) has stated its intention to participate in working on the Jakarta-Surabaya railroad...

Indonesia’s B30 Program Saves US$3B Fuel Imports: Minister

JAKARTA (TheInsiderStories) - Indonesia' Coordinating Minister for Maritime Affairs (CMMA) Luhut Binsar Pandjaitan believed that the implementation of the 30 percent biodiesel mixture (B30)...

Indonesia Targets Marine Traffic Separation Scheme to Implement in 2020

JAKARTA (TheInsiderStories) - Indonesia is targeting the implementation of the Traffic Separation Scheme (TSS) technology to implement in 2020, to oversee foreign ships that...