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Indonesia’s PTPP to Spends US$534M in 2020

JAKARTA (TheInsiderStories) - Indonesian developer, PT PP Tbk (IDX: PTPP) ready to spends Rp7.5 trillion (US$535.71 million) next year, said the management on Tuesday...

Indonesia’s PTPP Seeks Fresh Funds US$89M from Bond Market

JAKARTA (TheInsiderStories) - Indonesian contractor, PT PP Tbk (IDX: PTPP) seeks fresh funds from bond market by issuing local notes Rp1.25 trillion (US$89.28 million),...

Famous Names in Indonesia will Lead Major SOEs

JAKARTA (TheInsiderStories) - Several famous names will lead major state own enterprises (SOEs), sources told TheInsiderStories recently. As reported, several big companies leader has...

Kereta Api Indonesia Offers Local Bonds US$142M

JAKARTA (TheInsiderStories) - PT Kereta Api Indonesia (KAI), a state-owned train operator, offered local bonds worth of Rp2 trillion (US$142.85 million) to investors today...

Indonesian Govt to Merges Sharia Business of Two State Banks

JAKARTA (TheInsiderStories) - The State Own Enterprises (SOEs) ministry will merge the sharia Unit of PT Bank Tabungan Negara Tbk (IDX: BBTN) with PT...

Bank Rakyat Indonesia Issues Rupiah Bond US$354M

JAKARTA (TheInsiderStories) - PT Bank Rakyat Indonesia Tbk (IDX: BBRI) plans to issue local bonds Rp5 trillion (US$354.61 million) in November, said the corporation in Jakarta,...

LinkAja Will Focus into Public Service Markets to Avoid Discount Wars...

JAKARTA (TheInsiderStories) – LinkAja, an electronic payment service provider, will focus on public service markets, mainly in public transportation, toll roads as well as...

IDX: Potential Corporate Bond Issuances US$1.6B

JAKARTA (TheInsiderStories) - Indonesian Stock Exchange (IDX) reported there is potential corporate bond issuances Rp22.9 trillion or US$1.62 billion in the coming months, majority...

Corporate Bond Issuances US$3.26B in Mid September

JAKARTA (TheInsiderStories) - Indonesian rating company, PT Pemeringkat Efek Indonesia (Pefindo) noted, the mandate for the issuance of corporate bonds until mid September worth...

118 Issuers Potential to Issue Commercial Bonds in IDX

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) noted at least 118 issuers have the potential to issue commercial bonds, the director told media on...

Swiss’s Stadler Rail, INKA, KAI Build Rolling Stock Plant in Indonesia

JAKARTA (TheInsiderStories) - PT Industri Kereta Api (INKA) and PT Kereta Api Indonesia (KAI) together with Swiss' company train manufacturer Stadler Rail AG has form...

Indonesian SOEs Eyes Mineral Projects in Madagascar

JAKARTA (TheInsiderStories) - Indonesia state own enterprises (SOEs), miner PT Timah Tbk (IDX: TINS) and PT Industri Kereta Api (INKA) plans to invest in...

Potential Bond Issuances in Indonesia During 4Q 2019

JAKARTA (TheInsiderSTories)- Several public listed companies considered to issue local bonds in the fourth quarter (4Q) of 2019. Some of them are state-owned companies. PT...

Indonesia’s PTPP Builds Two Steam Power Plants US$567M

JAKARTA (TheInsiderStories) - Indonesia' construction firm, PT PP Tbk (IDX: PTPP) signed a contract to build two steam power plants in East Nusa Tenggara...

Indonesia’s Waskita Seeks US$246M from Bond Issuances

Jakarta (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to release local bond worth of Rp3.5 trillion (US$246.47 million), said the...

Indonesia’s Bahana Leads State-Owned Insurance Holding

Jakarta (TheInsiderStories) - Ministry of State Own Enterprises (SOEs) has picked PT Bahana Pembinaan Usaha Indonesia (BPUI) to lead an insurance holding company, the...

Indonesia’s ANTAM to Export 1.2MT Nickel Ore, Extend Gold Mining License

Jakarta (TheInsiderStories) - PT Aneka Tambang Tbk (IDX: ANTM), a state-owned miner targeting to export 1.2 million wet metric ton (wmt) of nickel ore...

Indonesia’s Krakatau Steel Rights Issue to Refinance Debt

JAKARTA (TheInsiderStories) - In the midst of mounting debt, Indonesian state-owned steel producer, PT Krakatau Steel Tbk (IDX: KRAS), plans to increase capital through...

Indonesia’s PLN Releases Global Bonds US$1.4B

JAKARTA (TheInsiderStories) -  Indonesia’ state-owned power producer, PT Perusahaan Listrik Negara (PLN) announced that it had issued global bonds worth US$1.4 billion on July...

Indonesia’s PTPP Pocketed US$1B Smelter Project Contract

JAKARTA (TheInsiderStories) - PT PP Tbk (IDX: PTPP), a state-owned construction and investment companies in Indonesia, became a contractor for ferronickel smelter construction located...

Indonesia’s Bank Tabungan Negara Offers US$220M Local Bond

JAKARTA (TheInsiderStories) - Indonesian state lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) will issue Rp3.14 trillion (US$219.80 million) local bond by the end of this...

Insight: Weak Performance of Sumarno’s State Enterprises Lead

JAKARTA (TheInsiderStories) - In the midst of slowing down the global and national economy, State-owned Enterprises (SOEs) are actually the saviors of the government...

Indonesian Govt Asks Garuda to Complete Internal Chaos

JAKARTA (TheInsiderStories) - Indonesian government through Transportation Minister Budi Karya Sumadi wrote to the airline PT Garuda Indonesia Tbk (IDX: GIAA) to immediately resolve...

Indonesia’s Pertamina Finds New Oil and Gas Reserves

JAKARTA (TheInsiderStories) – Indonesian energy producer PT Pertamina found two new oil production reserves and one gas reserve in the first quarter (1Q) 2019, said...

Indonesia’s Bank Tabungan Negara Seeks Funds US$142M from Synthetic Home Ownership...

JAKARTA (TheInsiderStories) - Indonesian state-owned lender, PT Bank Tabungan Negara Tbk (IDX: BBTN) planned to securitize synthetic home ownership loans to get funds Rp...

Bank Rakyat Indonesia Issues Global Bond US$500M

JAKARTA (TheInsiderStories) - PT Bank Rakyat Indonesia Tbk (IDX: BBRI), issued global sustainability bond of US$500million. This is the first issuance by state-owned lender...

Vale Indonesia Plans to Divest Shares to SOEs

JAKARTA (TheInsiderStories) – A miner, PT Vale Indonesia Tbk (IDX: INCO) plans to divest shares through a scheme pre-emptive rights to the State-Owned Enterprises...

Indonesia Will Set Up Housing, Infrastructure Holding mid February

JAKARTA (TheInsiderStories) - Indonesian government will set up state-owned Housing and Infrastructure holding company  (HoldCo) in mid-February, said the official government today (01/28). Previously, the minister...

Indonesian Govt Targets Other SOEs HoldCo Established in 1Q 2019

Indonesia’ State Own Enterprises (SOEs) ministry targets that some holding companies (holdco) establishment will be finished in March (1Q) of 2019, said the minister Rini...

Indonesia’s Bank Mandiri Seeking Funds US$2.76B

JAKARTA (TheInsiderStories) - One of the largest bank in Indonesia, PT Bank Mandiri Tbk (IDX: BMRI) seeking funds up to Rp 40 trillion (US$2.76...