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Desk Editor Insider

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Insight: Rate Hike Expectation Rise on Misleading Reports on BI’s Meet Schedule 

JAKARTA (TheInsiderStories) - Last week, there were a slew of reports by local media that Bank Indonesia (BI) had pushed back the schedule for this month monetary policy meeting to Sept. 26-27. The primary reason, according to...

Indonesia’s Pertamina, Conoco Competes to get the Corridor Block

JAKARTA (TheInsiderStories) - Indonesia' state-owned energy firm PT Pertamina, the existing operators ConocoPhilips, and other investor had submitted a special proposal for the Corridor Block, whose contract period will expire in 2023, said one government official...

38 Former Graft Convicts Determined by GEC as an Indonesia’s Legislative Candidates

JAKARTA (TheInsiderStories) - Indonesia General Election Commission determined 38 former graft convicts as definitive candidates for legislative member, said the agency on Thursday (21/09). All of the candidates register for Regional Legislative Councils. The decision has been...

Indonesian Govt Use Cigarette Excise Patches Health Insurance Deficit

JAKARTA (TheInsiderStories) - President Joko Widodo has signed Presidential Regulation Number 82 of Year 2015 about the use of cigarette excise from the regions to cover the financial deficit of the Health Social Security Organizing Agency. The...

Morning Briefing: Widodo Imposes Three-year Freeze on Palm Oil Plantation Licenses

JAKARTA (TheInsiderStories) - Good morning. The most important development from Thursday (20/09) was the revelation that President Joko Widodo has signed a Presidential Instruction that puts a three-year ban on palm oil plantations licenses, a move...

Indonesia’s GEC Determines Two Presidential Candidates Races in 2019 Election

JAKARTA (TheInsiderStories) - Indonesian General Election Commission (GEC) officially determines Joko Widodo-Maruf Amin and Prabowo Subianto-Sandiaga Uno as definitive presidents and vice presidents candidates in 2019 Presidential Election. "Plenary session of General Election Comission determine two pairs...

Indonesia Forms National Team for the Use of Local Products

JAKARTA (TheInsiderStories) - Indonesia' President Joko Widodo signed a Presidential Decree Number 24 Year 2018 concerning the National Team for Increasing the Use of Domestic Production. The policy is part the government plant to reduce import...

Doso Agung Leads Indonesia’s Pelindo III, Farid Padang CEO Pelindo IV

JAKARTA (TheInsiderStories) - The country' port operator, PT Pelabuhan Indonesia (Pelindo) III shareholders meeting at the State Owned (SOEs) ministry established Doso Agung as the new chief executive of the company. He replacing I Gusti Ngurah Ashkara...

Breaking News: Definite Presidential, VP Candidates Announces Today

JAKARTA (TheInsiderStories) - Indonesia General Election Commission (GEC) will determine definitives president and vice president (VP) candidates for 2019 Election today, said the commissioner on Thursday (20/09). The agency will also determine the definitives final candidate...

Indonesia Will Auction West Kampar Block

JAKARTA (TheInsiderStories) - Indonesian government through the Ministry of Energy and Mineral Resources (MEMR) decided to auction the West Kampar Block because one of the rights holders is declared bankrupt and no contractor is interested in...