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Wednesday, July 18, 2018
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Executive Views

JAKARTA (TheInsiderStories)— Controlling about 34 percent share in domestic flight markets, the Lion Air Group undoubtedly plays important role in the landscape of Indonesia's aviation industry. The group runs three airlines namely Lion Air, Batik Air, and Wings Air. It flies to 183 domestic and international routes, supported by 112...
JAKARTA (TheInsiderStories)  - A global asset manager Aberdeen Standard Investments (ASI) has named Omar S. Anwar as Country Head and Head of Distribution for Indonesia. The man with over 30 years' track record of leadership in Indonesia's financial services industry was also appointed as the President Director of PT Aberdeen...
JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally, Fintech industry is an advanced development of the financial services industry, which majorly depends on the internet and digital innovations. Realizing that technology is the future...
JAKARTA (TheInsiderStories)—Indonesia has an ambitious goal to increase the share of renewable energy in the country’s energy mix to 23 per cent by 2025. But the country has so far been moving at a snail’s growth in the development of renewable energy. The country’s energy mix currently only reached 11-12%....
JAKARTA (TheInsiderStories)—Power producers in Indonesia is facing  obstacles in developing power plants. The Independent Power Producers Association of Indonesia (APLSI) and PricewaterHouse Cooper said a report that major obstacles are regulatory uncertainty, lack of coordination among ministry/institution, and the poor management of 35,000-megawatt projects. Furthermore, investors also criticize the low...
JAKARTA (TheInsiderStories) - PT Pegadaian has set a plan to transform its businesses through G-Star Generation with 5G’s strategy -- Grow Core, Grab New, Groom Talent, Gen-Z Tech and Great Culture. President Director of Pegadaian Sunarso said, the state-owned pawnshops company opens to create new businesses through the program. On April, 2,...
JAKARTA (TheInsiderStories) - Senior Economist for ASEAN at UBS Edward Teather sees Indonesian Rupiah could bounce back towards the level of Rp13,000 against U.S dollar, after recording a decline since last week. Based on Indonesian central bank data, Rupiah continues to drop to Rp13,750 per US dollar until today (7/3). The Indonesian...
JAKARTA (TheInsiderStories) - President Joko Widodo appointed and installed Inspector General of Police Heru Winarko at the State Palace in Jakarta on Thursday as the new Head of the National Narcotics Agency. Winarko is a former law enforcement deputy at the Corruption Eradication Commission, replaces Police Commissioner General...
JAKARTA (TheInsiderStories) - Located along some of the world’s busiest sea lanes, Indonesia offers tremendous potential for marine transportation. With the spirit to dominate the vessel business in a maritime country, PT Humpuss Intermoda Transportasi Tbk., together with its subsidiaries, engages in sea transportation and other related activities in Indonesia. Originally,...
JAKARTA (TheInsiderStories) -  The Indonesia Stock Exchange (IDX) early this week made a bold step by joining the Climate Bonds Initiative Partner Program, the sixth stock exchange to partner with the Climate Bonds. This signals seriousness of the exchange management to develop green bond market in Indonesia. In order to find out how big...

Latest article

Indonesia’s Nippon Indosari to Buy Back 10% Stake

JAKARTA (TheInsiderStories)--Indonesia’s leading bread maker PT Nippon Indosari Corpindo Tbk (IDX: ROTI) plans to buy back 10 per cent of the public stake or equivalent...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Indonesia’s IIGF Offers Four Projects worth US$332M

JAKARTA (TheInsiderStories) - PT Penjamin Infrastruktur Indonesia also known Indonesia Infrastructure Guarantee Fund (IIGF) has offered four national strategic projects (NSP) worth Rp4.75 trillion (US$332.17...

Critics Say too Early to Claim Victory in Freeport Negotiation

JAKARTA (TheInsiderStories)--Critics are quick to reign in the celebration by the government and its supporters who claim victories in shares divestment mining giant Freeport...

Political Review: Subianto to Alliances With SBY in 2019 Presidential Election?

JAKARTA (TheInsiderStories) - Ahead of the registration of presidential and vice presidential candidates on August 4-10, the name continues to emerge and more difficult to predict....

Morning Briefing: Prabowo Bags Presidential Candidates from Three Parties, Widodo Pocketed VP Names

JAKARTA (TheInsiderStories) - Good morning. The election of presidential and vice president (VP) candidates of the 14 parties that participated in the 2019 election is...