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Executive Views

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) - 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) Indonesian state-controlled port operator PT Pelabuhan Indonesia III (Pelindo III) is considering selling up to US$1 billion of bonds in 2018 to strengthen its equity and enable refinancing. President Director I Gusti Ngurah Askhara Dana Diputra, popularly known as Ari Askhara, has an in-depth experiences in financial-related positions after...
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) – 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 has also been adopted in other business sectors. The term sharing economy refers to an economic...
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 Masassya, 47, started his career in 1990 as a credit analyst at state lender PT...
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) - 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) - 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...

Latest article

Indonesia Go-Jek Prepares US$500M to Enter SEA Market

JAKARTA (TheInsiderStories) - Indonesia's on-demand services and ride-hailing company Go-Jek announced that it will invest about US$500 million to enter into four new markets...

U.S Overtakes Hong Kong at First Place Ammong World’s Most Competitive Economies

Lausanne, Switzerland –   The top five most competitive economies in the world remain the same as in the previous year, but their order changes,...

Indian Premier Modi to Visit Indonesia Next Week

JAKARTA (TheInsiderStories) - Indian Prime Minister Narendra Modi is all set to travel to Indonesia on May 29 in his first ever visit to...

PTBA Secures US$1.26B Loans from China Exim Bank

JAKARTA (TheInsiderStories)--PT Huadian Bukit Asam Power (HBAP), a joint venture power company between PT Bukit Asam Tbk (PTBA) and PT China Huadian Hongkong Company...

Bank Indonesia to Set Standards on QR Code Payment

JAKARTA (TheInsiderStories)--Bank Indonesia plans to launch the Quick Response (QR) code payment standardization by the end of this month, delayed from the initial plan...

Is Indonesia’s Education Budget Keeping Up with Industry 4.0?

JAKARTA (TheInsiderStories)— While the Indonesian government had set a 20 per cent mandatory allocation of the state budget to education, it remains to be...