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Indonesia’s Lippo Karawaci Divests Myanmar’s Healthcare Business

JAKARTA (TheInsiderStories) — PT Lippo Karawaci Tbk (IDX: LPKR) divested its US$19.5 million, hospital and clinic in Myanmar to Singapore' OUE Lippo Healthcare Ltd.,...

Indonesian Anti-Graft Investigates Former West Java Deputy Governor on Meikarta Case

JAKARTA (TheInsiderStories) – Indonesian Corruption Eradication Commission (CEC) to investigate former Deputy Governor of West Java, Deddy Mizwar today (12/12) on the Meikarta project' bribery...

Indonesian Gov’t Call Off to Revokes First Media Frequency License

JAKARTA (TheInsiderStories) - Indonesian internet provider, PT First Media Tbk (IDX: KBLV), PT Internux, dan PT Jasnita Telekomindo' 2,3 GHz frequencies revoke was delayed from plan....

Fitch Indonesia Downgraded Lippo Karawaci Rating to CCC+

JAKARTA (TheInsiderStories) - Fitch Ratings Indonesia has downgraded foreign currency and local longterm ratings of PT Lippo Karawaci Tbk (IDX: LPKR) and a US dollar bond...

Lippo Karawaci’s Alleged Bribery is Credit Negative, Moody’s Said

JAKARTA (TheInsiderStories) - On Oct. 15, Indonesia's (Baa2 stable) Corruption Eradication Commission arrested Lippo Group executives for alleged bribery relating to the issuance of property...