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...

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...

1st International Jatiluhur Jazz Festival 2019 kicks off in style at the Jatiluhur Dam

The 1st International Jatiluhur Jazz Festival (IJJF) 2019 took place on November 30 & December 1 at Indonesia's largest dam, the Jatiluhur Dam, in...

indoXXi website, one of world’s most popular piracy sites, claims to have permanently closed...

Although many indoXXi and associated sites still up and running The Video Coalition of Indonesia (VCI) calls for stronger action from the Indonesian...

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...

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...

WIKA’s Net Profit in 1H-2019 Grows 60.48% Year-on-Year (YoY)

PT WIJAYA KARYA (Persero) Tbk. (WIKA) booked a net profit of Rp1.015 trillion in the first half of 2019, a 60.48% increase year-on-year (YoY)...

1st International Jatiluhur Jazz Festival brings World Jazz to Jatiluhur Dam

The 1st International Jatiluhur Jazz Festival is set to open at the Jatiluhur Dam in Purwakarta, West Java on Saturday and Sunday, Nov 30...

Wintermar Offshore (WINS:JK) Reports 1Q 2019 Results

Wintermar Offshore Marine (WINS:JK) has announced results for 1Q 2019, with an EBITDA of US$4 million, up 109% QoQ compared to 4Q 2018, while...

Wintermar signs Brunei Energy Industry Integrity Pact

Wintermar signs the Brunei Energy Industry Integrity Pact, committing to collaborate with the Brunei Government to promote high industry standards of ethics and transparency. Wintermar...
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...

Indonesia Needs an Overhaul in Infrastructure Financing

The Indonesian government, through the Ministry of Public Works and People's Housing (PUPR), has planned to build 732 kilometres (km) of national routes in...

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...

Represent Your Identity and New Ideas with .id Domain Name

Internet Domain Names are unique since no two parties can have the same domain name simultaneously. For an online business, Domain Names are more...

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...

International Jatiluhur Jazz Festival 2019 draws thousands to the green of Jatiluhur Dam

The 1st edition of International Jatiluhur Jazz Festival (IJJF) 2019, organized by Indonesian state-owned enterprise (SoE) Jasa Tirta II, drew to a close on...

Hanwha Life of Korea To Double Number Of Financial Consultants in Indonesia

JAKARTA, INDONESIA – South Korea’s first life insurance company, Hanwha Life Insurance, is seeking to hire 650 new financial consultants in Indonesia within this...

BASARNAS, Continuing to Improve

JAKARTA, INDONESIA - (ACN Newswire) - Known as the world's largest archipelagic state, Indonesia has coastline reaching 99,095 KM, and is blessed with many unique resources and...

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...

Briefly: Indonesia To Allow Higher Foreign Stakes in Local Banks

From the current limit of 40 percent, Indonesia's Financial Services Authority has hinted that it is open to lifting the curb and allowing a...