The Insider Stories

10/05/2021

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10/05/2021

Indonesia: Sumber Alfaria Allocates Funds US$208M for 2021

JAKARTA (TheInsiderStories) - PT Sumber Alfaria Trijaya Tbk (AMRT), the operator of Alfamart, has allocated funds around Rp3 trillion (US$208.33 million) in this year, the management announced last week. The funds will be used to finance the addition of new outlets and extend the lease of the outlets.
Director of the company,

News Indonesia: Sumber Alfaria Allocates Funds US$208M for 2021 By Linda Silaen - May 10, 2021 Share Facebook Twitter Email WhatsApp Linkedin PT Sumber Alfaria Trijaya Tbk (AMRT), the operator of Alfamart, has allocated funds around Rp3 trillion (US$208.33 million) in this year - Photo by the Compan...

10/05/2021

Indonesia: ABM Investama to Spends US$200M in This Year

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT ABM Investama Tbk (IDX: ABMM) plans to spend around $200 million in this year, partly for the preparation of a coal mine acquisition. The company also has plans to release the global bond with a maximum value of US$400 million.

The director, Adrian Erlangga, said end of last

News Indonesia: ABM Investama to Spends US$200M in This Year By Linda Silaen - May 10, 2021 Share Facebook Twitter Email WhatsApp Linkedin PT ABM Investama Tbk (IDX: ABMM) plans to release the global bond with a maximum value of US$400 million in this year - Photo by the Company JAKARTA (TheInsiderS...

10/05/2021

Singapore: GAR Grabbed US$285M from Global Bond Market

JAKARTA (TheInsiderStories) - Golden Energy and Resources Ltd., (GEAR), the holding company of PT Golden Energy Mines Tbk (IDX: GEMS), has grabbed US$285 million from the global bond market, its announced last week. The notes have a coupon rate of 8.5 percent per annum and five years of tenure.

The spokeswoman of GEAR

News Singapore: GAR Grabbed US$285M from Global Bond Market By Linda Silaen - May 10, 2021 Share Facebook Twitter Email WhatsApp Linkedin Golden Energy and Resources Ltd., (GEAR), the holding company of PT Golden Energy Mines Tbk (IDX: GEMS), has grabbed US$285 million from the global bond market -....

10/05/2021

Weekly Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! Dear readers, today is our last day to serve you with the latest news around the globe. Thank you for being our loyal readers since 2017.

Starting June, we will deliver the latest news from inamarkt.com, focusing on the tourism, corporate, startup and funding sectors. Please follows our

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Home News Weekly Briefing: Various Things to Know on Monday News Weekly Briefing: Various Things to Know on Monday By Linda Silaen - May 10, 2021 Share Facebook Twitter Email WhatsApp Linkedin JAKARTA (TheInsiderStories) – Good Morning! Dear readers, today is our last day to serve you with the lat...

10/05/2021

Dear Investors, TheInsiderStories open for partners or buyer. If you interested please contact us through [email protected]

TIS Network

07/05/2021

BI: Forex Reserves Increases to US$137B in April

JAKARTA (TheInsiderStories) - Indonesia' foreign exchange reserves increased to US$138.8 billion in April compared to March stood at US$137.1 billion. Bank Indonesia (BI) explained that the increase was mainly influenced by tax and service revenues and the withdrawal of government foreign loans.

The central bank claimed the amount is equivalent to financing 10.0 months of

News BI: Forex Reserves Increases to US$137B in April By Desk Editor Insider - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin Indonesia' foreign exchange reserves increased to US$138.8 billion in April compared to March stood at US$137.1 billion - Photo by BI Office JAKARTA (TheInsiderSt...

07/05/2021

Bank Syariah Indonesia Targets Financing Growth 10% in 2021

JAKARTA (TheInsiderStories) - Islamic bank, PT Bank Syariah Indonesia Tbk (IDX: BRIS), targeting the financing growth around 10 percent in this year, said the management in a public expose yesterday. In the first quarter of 2021, the merged bank has distributed total financing of Rp159 trillion (US$11.04 billion), up 14.74 percent from the

News Bank Syariah Indonesia Targets Financing Growth 10% in 2021 By Desk Editor Insider - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin PT Bank Syariah Indonesia Tbk (IDX: BRIS), targeting the financing growth around 10 percent in this year - Photo by the Company JAKARTA (TheInsiderStor...

07/05/2021

Indonesia: Indorama Prepares US$16M to Develop Ore Mining

JAKARTA (TheInsiderStories) - Conglomeration company, PT Indorama Synthetics Tbk (IDX: INDR), provided a shareholder loan facilities Rp240 billion (US$16.66 million) to its subsidiary, PT Cikondang Kancana Prima (CKP), said the management on Thursday. The capital will be used to the develop ore mining in Purwakarta, West Java.

President Director of the textile producer,

News Indonesia: Indorama Prepares US$16M to Develop Ore Mining By Desk Editor Insider - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin PT Indorama Synthetics Tbk (IDX: INDR), provided a shareholder loan facilities Rp240 billion (US$16.66 million) to its subsidiary, PT Cikondang Kancana P...

07/05/2021

Indonesia: Ooredoo and Hutchinson Extends the Merger Talks to June

JAKARTA (TheInsiderStories) - The memorandum of understanding (MoU) of Qatar’ Ooredoo PSC and Hong Kong-based CK Hutchinson Holding Ltd., on the potential merger of the Indonesian units has been extended to June 30 from earlier April 30, 2021, said the management of PT Indosat Ooredoo Tbk (IDX: ISAT) yesterday.

"There has been no decision

News Indonesia: Ooredoo and Hutchinson Extends the Merger Talks to June By Desk Editor Insider - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin The memorandum of understanding of Qatar’ Ooredoo PSC and Hong Kong-based CK Hutchinson Holding Ltd., on the potential merger of the Indonesia...

07/05/2021

South Korea: LG Consortium and SOEs Set Up Integrated Battery Investment

JAKARTA (TheInsiderStories) - South Korea' LG Battery consortium and PT Industri Baterai Indonesia has signed Heads of Agreement of the Integrated Battery Investment last week, said minister for investment. The value of this project is estimated around US$20 billion.
"Now that the HoA is signed, we will make an FS (feasibility study) so

News South Korea: LG Consortium and SOEs Set Up Integrated Battery Investment By Desk Editor Insider - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin South Korea' LG Battery consortium and PT Industri Baterai Indonesia has signed Heads of Agreement of the Integrated Battery Investment la...

07/05/2021

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) government has announced its backing for a waiver on intellectual property (IP) protection for COVID-19 vaccines during the pandemic. World Trade Organization meetings are likely to continue consideration of the Trade-Related Aspects of Intellectual Property Rights waiver proposal, though any resolution is

News Morning Briefing: Various Things to Know on Friday By Linda Silaen - May 7, 2021 Share Facebook Twitter Email WhatsApp Linkedin The United States (US) government has announced its backing for a waiver on intellectual property protection for COVID-19 vaccines during the pandemic - Photo by White...