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President Widodo Installs New Minister, Air Force Chief

JAKARTA (TheInsiderStories) – President Joko Widodo on Wednesday (17/01) installed Idrus Marham as new Minister for Social Affairs, Airforce Chief Marshall Yuyu Sutisna and Head of Presidential Staff (KSP) retired general Moeldoko. Idrus Marham replaces...

Morning Briefs – Jan 17

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Indonesia to Export LNG to Bangladesh and Pakistan Indonesia, through state energy company Pertamina, plans to exports LNG to...

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 of transportation, tourism, finance, and retail sector. The business model...

Idrus Marham Reportedly Appointed as Minister for Social Affairs

JAKARTA (TheInsiderStories) – Secretary General of Golkar Party Idrus Marham has been reportedly appointed by President Joko Widodo as new Minister for Social Affairs, replacing Khofifah Indar Parawansa. Khofifah has resigned after decided to enter...

Boosting Logistics Efficicency through Sharing Economy

by Henry BL Toruan, PHD What is sharing economy? Sharing economy is a term with a range of meaning including open source, on-line collaboration, file sharing, peer-to peer transaction, and many more. Most scholars identify...

Morning Briefs – Jan 16

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Indonesia Foreign Debt Totaled Rp3,938 Trillion at end 2017 Indonesia’s foreign debt at end of 2017 has reached Rp3,938...

Govt Considers Guaranteeing Public Funds in E-Commerce

JAKARTA (TheInsiderStories) - Deposit Insurance Agency plans to draft a regulation that will protect public funds placed in online or e-commerce platforms, given the rise of the online transactions. Halim Alamsyah, the Head of the...

Elvyn G. Masassya: Pelindo II’s Port Will Digitalized

JAKARTA (TheInsiderStories) - As state-owned port operators are no longer limited in carrying out expansions by region, PT Pelabuhan Indonesia (Pelindo) II or Indonesian Port Company (IPC) plans to enlarge its business across the archipelago. Elvyn...

Replicating Sharing Economy in Transportation toward Other Sectors  

  JAKARTA (TheInsiderStories) – The growth of the internet and other technology has stimulated the evolution of a sharing business model, most apparently in transportation and tourism sectors. The ‘sharing economy’, also known as a...

Indonesia Targets to Produce 485MT Coals in 2018

JAKARTA (TheInsiderStories) - Indonesia will produce 485 million metric tons (MT) of coal in 2018 or up 5 per cent from last year, the Ministry of Energy and Mineral Resources (MEMR) reported on Thursday...