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Japan’s Sumitomo, Bangkok Bank Race for Bank Permata Shares

JAKARTA (TheInsiderStories)  - Japan' Sumitomo Mitsui Financial Group (SMFG) (8316.T) and Bangkok Bank become a preferred bidder to acquire around 90 percent shares of...

FSA: British’s Stanchard, Astra to Releases Bank Permata Shares

JAKARTA (TheInsiderStories) - After un-clarified, last week, Indonesian Financial Service Agency admitted that British' Standard Chatered Plc (Stanchard) and publicly listed company, PT Astra...

Mysterious Indonesian Jumbo Guernsey-Singapore Transfer Revealed

JAKARTA (TheInsiderStories) - The Indonesia Finance Ministry, through the Directorate General of Tax has revealed the results of an investigation of a ‘mega-transfer’ of US$1.4 billion...