28 C
Jakarta
Thursday, June 21, 2018
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) - Policy makers across Southeast Asia are turning their focus on bolstering their domestic markets to cushion the blown from the U.S and China trade war play out. That also includes Indonesia which has huge dependency on trade from the two giant nations. U.S President Donald Trump said on...
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) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance Australia Group Ltd., (IAG) which predominantly comprises of Safety Insurance Public Company Limited in Thailand. President and Group CEO Tokio Marine Tsuyoshi Nagano said in a...
JAKARTA (TheInsiderStories) - PT Jawa Satu Power, a consortium company of PT Pertamina (Persero), Marubeni Corporation, and Sojitz Corporation, has awarded a contract to the General Electric (GE)-led consortium, to carry out the Engineering, Procurement and Construction (EPC) works and maintenance service for Indonesia's largest gas power plant project...
JAKARTA (TheInsiderStories) - President Joko Widodo's war on inflation, as reflected in some of his populist moves, resulted in some positive outcomes as the key reading on inflation came in tame in April. On Wednesday (02/05) the country's Statistics Agency unveiled that annual inflation rate in April was nearly the same...
JAKARTA (TheInsiderStories) - PT Profesional Telekomunikasi Indonesia (Protelindo), a company owned by Djarum Group, will take over tower assets of PT Nusantara Infrastructure Tbk (IDX: META)  following the sale of META's subsidiary shares, PT Komet Infranusantara, to Protelindo. Based on the sale and purchase agreement (SPA) signed on Friday (23/3), Telekom...
JAKARTA (TheInsiderStories) - Indonesian central bank governor Agus Martowardojo said the low interest rates era will soon end due to global monetary tightening and economic recovery, including in the world's biggest economy, the United States. "We are dealing with high interest rate era, as he U.S Fed could raise its benchmark...
JAKARTA (TheInsiderStories) - The positive development cooperation between Indonesia and China is marked by the signing of two memorandum of understanding and five contracts with worth US$23.3 billion on Friday (13/04) in Beijing, China. Based on Coordinating Minister for Maritime Affairs (CMMA) statement, the agreement is part of China’s Belt...
JAKARTA (TheInsiderStories) - Shareholders of a diversified group PT Barito Pacific Tbk (IDX: BRPT) approved the acquisition of 66.7 per cent Star Energy Group Holdings Pte Ltd shares with worth US$755 million. The acquisition of Star Energy its expecting to be close in June. President Director Agus Salim Pangestu explained the shareholders also approved preemptive...

Latest article

Energy Policy : OPEC Meeting May End Without Agreement

JAKARTA (TheInsiderStories) - The meeting of Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Switzerland may closed without an agreement amidst the divide opinion...

Monetary Policy: BI Rate Will Rises Again Due to Global Pressures

JAKARTA (TheInsiderStories)— Bank Indonesia (BI) has surprised markets by holding an unscheduled meeting on May 30 and deciding to hike interest rates by 25 basis...

Rabobank: Bye Bye Palm Biodiesel?

JAKARTA (TheInsiderStories) - A potential ban on palm oil in European Union (EU) biodiesel would mean Indonesia and Malaysia need to find alternative crude...

EU Extends Palm Oil Ban from 2021 to 2030

JAKARTA (TheInsiderStories) - European Union (EU) softened its stance on the use of palm oil among its member countries starting 2030 from earlier proposed...

Policy Review: The Economic Impact of the U.S, North Korea Summit

JAKARTA (TheInsiderStories) - A week after Singapore Summit, North Korean leader Kim Jong Un meet Xi Jinping, Chinese president met in Beijing on June 19. The...

Market Update: U.S, China Trade War Still Rocked Global Market

JAKARTA (TheInsiderStories) - The escalation of trade war between the United States (U.S) and China rocked global stock markets. Yesterday, three major indices on...