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Jakarta
Thursday, January 18, 2018
JAKARTA (TheInsiderStories) - PT Indosat Tbk (ISAT), the second-largest telecom player in Indonesia, reported 29 per cent growth in net profit, at Rp1.09 trillion (US$81.34 million) for Jan-Sep 2017, compared to the same period last year, supported by better revenues and higher cost efficiency. The company's revenues rose 4.8 per...
JAKARTA (TheInsiderStories) - Sriwijaya Air, the third-largest airline in Indonesia, has decided to postpone its initial public offering (IPO) on the Indonesia Stock Exchange, moving to 2018 from an initial target set by the company for 2017. Chandra Lie, President Director of Sriwijaya Air, has admitted the airline needs more...
JAKARTA (TheInsiderStories) - Indonesia, with the world’s fourth-largest population, has an aggressive goal to increase the share of renewable energy in the country’s energy mix to 23 percent by 2025. With its overall potential to generate 788,000 megawatts (MW) through new and renewable energy, Indonesia is expected to serve as...
JAKARTA (TheInsiderStories) – Indonesia currently draws the interest of global investors along with China and India, after S&P upgraded Indonesia’s rating to investment grade, an improvement of global competitiveness index rank to 36, as well as most recently a jump of 19 points in the ease of doing business performance to...
JAKARTA (TheInsiderStories) - Muhamad Chatib Basri, a former Minister of Finance of Indonesia and Chairman of the Indonesian Investment Coordinating Board describe his view on East Asian economy situation. The Senior Lecturer at the Department of Economics of University of Indonesia sees a new trend in global economy. To know...
JAKARTA (TheInsiderStories) - The Government of Indonesia has announced 10 new destination brands, in support of the Wonderful Indonesia campaign, in the attempt to attract 15 million foreign tourists in 2017 and 20 million in 2018. The 10 destinations are Bandung, Bali, Jakarta, Riau Islands, Joglosemar (Yogyakarta, Surakarta and Semarang),...

Latest article

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...

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,...

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...

Indonesian Fintech Players Enjoyed Better Ecosystem in 2017

JAKARTA (TheInsiderStories) - Indonesia's financial technology players enjoyed a stronger business growth last year, thanks to a more supportive regulations and a better collaboration...

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...

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...