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Reviewing President Widodo’s Ambitious Growth Target in 2019
JAKARTA (TheInsiderStories) – The administration of President Joko Widodo has set an ambitious target of seeing domestic economy expanding by 5.4-5.8 per cent in...
Indonesia Records US$13B Investment Realization in Q1
JAKARTA (TheInsiderStories)—The Investment Coordinating Board of Indonesia reported that the country recorded realization investment Rp185.3 trillion (US$13.42 billion) in the first quarter of 2018,...
ExxonMobil to Acquires Indonesian Lubricant Manufacturer
JAKARTA (TheInsiderStories) - ExxonMobil, an U.S energy company has announced its plans to acquire 100 percent interest of PT Federal Karyatama (FKT), a subsidiary of...
ASEAN Members Committed to Synchronize Rules on E-Commerce
JAKARTA (TheInsiderStories)—The Association of Southeast Asian Nations (ASEAN) members expressed commitment to synchronize regulations on e-commerce on each jurisdictions as part of an effort to strengthen...
Indonesia’s President Resist Concerns on Rupiah Volatility
JAKARTA (TheInsiderStories) - Indonesia's President Joko Widodo was upbeat on the country's economic fundamental, and turned down concerns over the rupiah currency depreciation.
"Our macro-economic fundamentals...
Indonesia’s Chandra Asri Prepares US$5B Petrochemical Factory
JAKARTA (TheInsiderStories) - PT Chandra Asri Petrochemical Tbk (IDX: TPIA), an integrated petrochemical company in Indonesia, prepares second petrochemical factory with costs US$5 billion,...