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Saturday, August 18, 2018
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) 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) - 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

Indonesia’s Bayan Buys 100% Kangaroo for US$515M

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bayan Resources Tbk (IDX: BYAN) to acquired 45 percent shares of Australian miner Kangaroo Resources Limited (ASX: KRL)...

Indonesian Govt Prepares US$29B for Infrastructure Projects in 2019

JAKARTA (TheInsiderStories) - Indonesian government prepares Rp420.5 trillion (US$29.41 billion) for infrastructure projects in 2019 State Budget, said Finance Minister on Thursday (16/08). The amount...

Insight: 2019 State Budget is a Mixed Bag

JAKARTA (TheInsiderStories) - The government’s proposed 2019 State budget is quite uncommon. At first glance, the budget sends a message of fiscal moderation, with...

Indonesia Losses US$521M from Lombok Earthquake

JAKARTA (TheInsiderStories) - The damages and losses caused by the Lombok earthquake are huge. The latest estimate by National Disaster Mitigation Agency on August 13, the...

Qatar will Invests US$15B to Turkey

JAKARTA (TheInsiderStories) - Qatar will rapidly implement an investment package of $15 billion in Turkey to help the country' financial problems. The statement made following the meeting that...

Indonesian Businessmen Ready to Convert 50% Export Revenues to Rupiah

JAKARTA (TheInsiderStories) - All businessmen under Indonesian Chamber of Commerce and Industry (ICCI) committed to bring 100 percent of foreign exchange revenues to the country, said...