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Indonesia’s Waskita Receives US$40M from the Sales of Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR), unit of state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT), received funding worth of Rp550 billion (US$39.007...

MMI, DBS Indonesia Releases Dollar Bond Mutual Fund

JAKARTA (TheInsiderStories) - Fund manager, PT Mandiri Manajemen Investasi (MMI) partnering with PT Bank DBS Indonesia released Mandiri Global Sharia Equity Dollar with target funds...

Indonesia’s FUNDtastic Acquires Invisee for US$6.5M

JAKARTA (TheInsiderStories) - Indonesian financial planner, FUNDtastic has acquired shared of PT Nusantara Sejahtera Investama, the operator of mutual fund selling agent, Invisee, said...

Indonesia’s FSA Targets Total Emission US$14B in 2020

JAKARTA (TheInsiderStories) - Indonesian regulator, Financial Services Authority (FSA) targeting total emissions in the capital market to reach Rp200 trillion (US$14.29 billion) and 70 issuer become...

IDX Targeting 70 Companies IPO This Year

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) sees 70 companies has potential to offer their stock in this year, said the management today (12/04). Until...

Indonesia’s Life Insurance Revenues Rose 31.9% in Q2 2019

JAKARTA (TheInsiderStories) - The Association of Indonesian Life Insurance reported total life insurance revenues in the second quarter (2Q) of 2019 rose 31.9 percent to...

Omar S. Anwar Leads Aberdeen Businesses in Indonesia

JAKARTA (TheInsiderStories)  - A global asset manager Aberdeen Standard Investments (ASI) has named Omar S. Anwar as Country Head and Head of Distribution for...

Indonesia Waskita’s Unit Raises US$365M From Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) through ​​its subsidiary PT Waskita Toll Road (WTR) funding worth Rp5 trillion (US$364.96 million) by issuing Mutual...