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Indonesia’s Krakatau Steel Completes US$2.2B Debts Restructure Next Week

JAKARTA (TheInsiderStories) - Indonesian steelmaker, PT Krakatau Steel Tbk (IDX: KRAS) will complete the debt restructuring process worth US$2.2 billion early next week, the...

Foreign Bank Eyes Indonesia’s Bank Permata Shares

JAKARTA (TheInsiderStories) - Japanese multinational banking and financial services company Sumitomo Mitsui Bank Corporation (SMBC) is reportedly interested in acquiring PT Bank Permata Tbk...

Indonesia’ Bank Mandiri, Japan’s Mizuho Potentially to Acquire Stanchard Shares

JAKARTA (TheInsiderStories) – Indonesian lender PT Bank Mandiri Tbk (IDX: BMRI) and Japan' Mizuho Bank are considered as the potential buyers to acquire Standard...

Indonesia’s Bank Mandiri Taspen Gets US34M From its Holding

JAKARTA (TheInsiderStories) - Indonesian lender, PT Bank Mandiri Taspen (BMT) gets an investment from its holding, PT Bank Mandiri Tbk (IDX:BMRI) and PT Taspen,...

Morning Briefing: Baswedan Celebrates 1-year in Charge of Jakarta with Strength

JAKARTA (TheInsiderStories) - Good Morning. Anies Baswedan celebrated his one-year in charge as Jakarta’s governor with strong public supports, a marked difference from the controversies that...