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Moody’s Reviews Bank Permata’s Ratings for Upgrade

JAKARTA (TheInsiderStories) - Moody's Investors Service has placed on review for upgrade PT Bank Permata Tbk (IDX: BNLI)) Baa3 long-term local and foreign currency...

Indonesia’s Astra Starts to Look Other Businesses

JAKARTA (TheInsiderStories) - Indonesia’ conglomeration company, PT Astra International Tbk (IDX: ASII) start to look at other businesses replacing the businesses that are starting to fade,...

Isuzu Indonesia Enters Southeast Asian Market Next Year

JAKARTA (TheInsiderStories) - Indonesia's joint venture automobile and commercial vehicle manufacturer, PT Isuzu Astra Motor Indonesia, is ready to export its product to the...

S&P Takes Rating Actions On Nine Indonesian Companies

JAKARTA (TheInsiderStories) - Along with the increase in Indonesia's long-term debt rating, Standard and Poor's (S&P) Global Ratings took rating actions on nine companies...

Indonesia’s ASTRA Infra Acquires 44.5% of Jasa Marga’s Concession

JAKARTA (TheInsiderStories) – PT Astra International Tbk (IDX: ASII) infrastructure developer' ASTRA Infra through PT Astra Tol Nusantara officially acquired 44.5 percent of PT Jasamarga...

Indonesia’s United Tractors Prepares Capex US$800M in 2019

JAKARTA (TheInsiderStories) – An Astra International Group subsidiary, PT United Tractors Tbk (IDX: UNTR), prepared US$800 million in capital expenditure (capex) to develop its...

Indonesia’s Astra Raised Investment in GO-JEK

JAKARTA (TheInsiderStories) – Indonesia conglomeration company, PT Astra International Tbk (IDX: ASII) increasing its investment participation in multi-platform provider GO-JEK with worth of US$100...