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Minister Rudiantara: Sharing Economy Resolves Inefficiencies

JAKARTA (TheInsiderStories) – Indonesia has witnessed the rise of ‘sharing economy’ business model over the past five years or so, in particular in areas...

Morning Briefing: Indonesia’s Trade Balance Out Today

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia will announce the latest trade balance data in September. In August, Indonesia posted a trade surplus of...

Indonesian President Agrees to Split Papua, Build Palace

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo agreed to split Papua and West Papua provinces after met their leaders at the Merdeka Palace today (09/10)....

Indonesia Targets to Develop 22 NSP Projects in 2020

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 22 new infrastructure projects under National Strategic Projects (NSP) in 2020, said senior minister on Friday (08/16)....

Indonesia’s Moratelindo Seeks Funds US$209M from Bond Sales

JAKARTA (TheInsiderStories) - PT Mora Telematika Indonesia (Moratelindo), an internet provider operator and had won some tenders in the Palapa Ring projects, is seeking to raise up...

115 National Strategic Projects of Widodo’s First Term Postponed

JAKARTA (TheInsiderStories) – The realization of the National Strategic Project (NSP) experiencing significant obstacles, starting from the stage of preparation, transaction or auction to...
Indonesian Govt Signs Satellite Multifunction Project

Indonesian Gov’t Signs Satellite Multifunction Project

JAKARTA (TheInsiderStories) - Indonesian government and the private sector signed an agreement on cooperation, guarantee, and regress of the Multifunctional Satellite or called Satellite...

Indonesia’s SMI Seeks Funds US$5.7B in 2019

JAKARTA (TheInsiderStories) – Following the achieving positive performance for 10 years, PT Sarana Multi Infrastruktur (SMI) seeks funds US$5.7 bilion to help the infrastructure,...

Insight: Indonesia’s Digital Business Needs Guaranteed

JAKARTA (TheInsiderStories) - Indonesia is one of the countries where the development of startups is rapidly increasing. Why are they flourish in Indonesia, the reason...

Insight: Widodo, Subianto Fails to Discuss Fundamental Issues

JAKARTA (TheInsiderStories) - The second debate of the 2019 presidential candidates which discussed the issue of food, energy, infrastructure, environment and natural resources has...

Watch Widodo, Subianto Strategy on Infrastructure, Energy and Food Sector

JAKARTA (TheInsiderStories) – Presidential Candidate' Prabowo Subianto promised to make Indonesia independent and reduce dependence on imports through a policy of self-sufficiency in food,...

31 Infrastructure Projects in Indonesia will be Completed in 3Q of 2019

JAKARTA (TheInsiderStories) - The Committee for Accelerating Priority Infrastructure Provision targeting 31 infrastructure projects under the National Strategic Projects (NSP) to be completed in...

First Toll Road in Kalimantan to be Built Soon

JAKARTA (TheInsiderStories) - PT Jasamarga Balikpapan Samarinda (JBS), received a syndicated financing facility of Rp6.98 trillion (US$481.38 million) from local banks to construct the Balikpapan-Samarinda...

Industry Minister Inaugurates Fiber Optic Factory US$44M in Indonesia

JAKARTA (TheInsiderStories) - Minister of Industry of Republic Indonesia Airlangga Hartarto inaugurated fiber optic cable factory PT ZTT Cable Indonesia, a unit of Chinese's Jiangsu...

Indonesia’s FSA Launch OJK Infinity to Creates FinTech Ecosystem

JAKARTA (TheInsiderStories) - Indonesia Financial Services Authority  (FSA) inaugurated the operation of OJK Innovation Centre for Digital Financial Technology (OJK Infinity) which aims to build the FinTech ecosystem...

Indonesia Offers US$421M’s Multifunction Satellite Project

JAKARTA (TheInsiderStories) - Indonesia Investment Coordinating Board in cooperation with Ministry of Communication and Informatics offers Government Multifunction Satellite Project worth Rp5.86 trillion (US$421.58 million), said...

Analyzing the Prospects and Challenges of Industry 4.0 Implementation in Indonesia

JAKARTA (TheInsiderStories)—The fourth industrial revolution (Industry 4.0) that refers to process automation and data exchange has prospects for a greater use in manufacturing technologies...

Policy Review: Infrastructure Constraint The Development of Digital Business

JAKARTA (TheInsiderStories)—Indonesia's digital economy, is still relatively young, despite it does not change the fact the country offers a huge prospects from this. Many studies argue...

The Growth of Indonesian Internet Penetration in 2017 Up Thin

JAKARTA (TheInsiderStories) - The growth of internet penetration in Indonesia throughout 2017 rose slightly to 54.68 percent. The data revealed in the release of the survey...

Indonesia Moves Ahead with US$568.3M Multi-Function Satellite

JAKARTA (TheInsiderStories) - The Indonesian government has made progress with its plan to send up a multi-function satellite, worth Rp7.7 trillion (US$568.3 million), with...

Indonesian Government Targeting 49 Projects Completed in 2018

JAKARTA (TheInsiderStories) -  The Committee for Acceleration of Priority Infrastructure Delivery (KPPIP), targeting the completion of 49 by 2018 from a year ago has finished...

National Priority Projects Still Far from Completion

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo has set an ambitious target to bring infrastructure development as the backbone of the domestic economy. Yet, the...

President Widodo Projects 2018 GDP at 5.3-5.4%

JAKARTA (TheInsiderStories) - President Joko Widodo has called on business players to seize promising business opportunities as Indonesia’s economic growth is expected to improve...

SMI to Issue US$369 Million Bond in November

JAKARTA (TheInsiderStories) - Indonesian PT Sarana Multi Infrastruktur (SMI) has started book-building process for the planned issuance of Rp5 trillion (US$369 million) worth of 1-year, 3-year and...

INTERVIEW: KPPIP Unveils Breakthrough to Expedite Priority Infrastructure Projects

JAKARTA (TheInsiderStories) – Indonesia's efforts to accelerate development of priority infrastructure projects started taking shape this year, as the Committee for the Acceleration of...
Indosat's New CEO Appointment Triggers Question

Moody’s Revises Indosat Ooredoo’s Outlook to Negative

JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same...

Qatar Invests US$500M in Indonesia’s Tourism Sector

JAKARTA (TheInsiderStories) - Qatar Investment Authority (QIA) signed a Memorandum of Understanding (MoU) with Indonesian government on the US$500 million's investment to increase the Development in...