Indonesia Closely Monitoring Insurance Industry

Indonesia's Financial Services Authority (OJK) revealed that it was closely monitoring the country's insurance industry, especially the industry's exposure to bonds and stocks. Authority head...
BPJS Indonesia

Foreign Workers in Indonesia Ordered to Sign Up for State Insurance

The Indonesian government has ordered all companies in the country that are employing foreigners to have their workers covered by state insurance program. Manpower Minister...

S&P Revises Indonesia’s Sovereign Credit Outlook to Positive

INDONESIA - American financial services firm Standard and Poor's (S&P) revised Indonesia’s rating outlook from Stable to Positive and affirmed the rating at BB+. The...

Mandalika Circuit could emerge as favorite in racing world: Expert

The Mandalika Circuit in Lombok, West Nusa Tenggara, which is expected to be completed by 2022, has the potential to become a new favorite...

ANZ Selling Stake in Indonesia’s Panin Bank for USD740 Million

The Australia and New Zealand Banking Group (ANZ) has officially put its stake in Indonesia's Panin Bank on a formal auction as it seeks...

Maybank Marathon Raises the Bar for Bali 2020

Maybank Indonesia has announced the date for its ninth Maybank Marathon event in Bali, an annual international road race event to be held on...

Garuda Indonesia Appoints Irfan Setiaputra as CEO

PT Garuda Indonesia (Persero) Tbk held an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, January 22 at Management Hall, Garuda City Center, Tangerang. EGMS...

WIKA Records 48.3% Net Profit Increase as of Q3-2019

PT WIJAYA KARYA (Persero) Tbk. announced a net profit of Rp1.57 trillion as of Q3-2019, a 48.31% increase year-on-year compared with the same...

Religious leaders and policymakers gather in Jakarta to discuss Muslim-Buddhist relations in South and...

The Vienna-based International Dialogue Centre (KAICIID) and the Organization of Islamic Cooperation (OIC) will host a regional workshop on 18-19 December involving more than...

Hong Kong Investment Promotion chief visits Indonesia to promote Hong Kong’s long-term business opportunities

The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (January 13) started his duty visit to Surabaya...

PT Hutama Karya exceeds forecasts, reports 43% increase in profits

State-owned construction company PT Hutama Karya (Persero) reported solid financial performance through the third quarter ended September 2019, according to the company's unaudited financial...

Taco Bell Indonesia Officially Opens Its First Restaurant in Jakarta

Taco Bell officially opened its doors to the public in Indonesia on December 18, 2020. PT Fast Food Indonesia (IDX: FAST) will be utilizing...

Wintermar Offshore (WINS:JK) Shareholders approve Non-Preemptive Share Issuance

Wintermar Offshore Marine Tbk (WINS:JK) expects business conditions will continue to improve through 2019 into 2020 as oil price outlook stays strong. At the...

29 Indonesian businesses win SME100 Awards as ‘Fast Moving Companies 2019’

The prestigious award for small and medium enterprises, the SME100 Awards, recognized 29 Indonesian SMEs honored as 'Fast Growing Businesses 2019' in a ceremony...

China Risun JV to Invest and Construct 4.7M/T Coking Project in Indonesia

China Risun Group Limited (China Risun, or the Group, HKG: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier...

VFS Global, Unifier and Accredify announce strategic partnership in digital health credentials for a...

VFS Global, Affinidi's Unifier and Accredify have announced a strategic partnership to provide an end-to-end digital solution for COVID-19 (RT-PCR) testing for Singapore-bound travellers...

Mighty Earth Complaint to Forest Stewardship Council (FSC) for dissociation of Korindo dismissed by...

Mighty Earth, a US NGO, filed a complaint to FSC that the Korindo Group should be dissociated from FSC. On November 1, 2017, FSC initiated...

Wintermar Offshore (WINS:JK) Reports 1H2019 Results

WINS 2Q2019 revenue rose 15% QoQ to US$14 million, strong improvement in Fleet utilization Wintermar Offshore Marine (WINS:JK) has announced results for 1H2019. WINS 2Q2019...

ACT to Send 10,000 Boxes of Masks to Indonesians in Hong Kong

The outbreak of coronavirus which began in China now threatens people around the world. While it is unknown how the virus is transmitted and...

Ambassador of the Kingdom of Saudi Arabia Inaugurates VFS Branch In Order to Facilitate...

JAKARTA - (ACN Newswire) - Saudi Arabia's Ambassador to Indonesia, HE Osamh Mohammed Abdullah Shuibi, inaugurated the VFS / TasHeel branch at Epiwalk, South Jakarta, on Monday...