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Jakarta
Tuesday, August 21, 2018
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) - For Indonesia, Digital Payment System may well be the next big thing, combining existing mobile phone usage and the country's growing financial services. Digital payment system not only promise an accelerated economic growth in Indonesia, but also is expected to give significant changes in business practices and replace...
JAKARTA (TheInsiderStories) - The biggest steel plant in Asia to build in Indonesia, said Deputy Governor of Central Java Heru Sudjatmoko was quoted by Antara on Tuesday (24/07). He said, China-based steel producer Hebel Bishi Steel Group has invested US$2.54 billion to build steel plant in Kendal regency, Central Java. In 2015, Hebei has...
JAKARTA (TheInsiderStories) - One of the largest cigarette maker in Indonesia, PT Gudang Garam Tbk (IDX: GGRM) prepared funds up to Rp10 trillion (US$709.22 million) to construct the Kediri Airport in East Java, said the company on Wednesday (27/06). The project is part of the country's National Strategic Project with the public private partnerships scheme. Last...
JAKARTA (TheInsiderStories) - Indonesian stock markets plunged on Thursday (26/04) as a stronger dollar and rising U.S treasury yields prompted foreign investors to reduce portfolio holdings in emerging markets. The Jakarta Composite Index (JCI), declined 2.80 percent to close at 5,909.108 on Thursday (26/04). Today's decline was the fifth straight session...
JAKARTA (TheInsiderStories)--Today circulated letter from the State-owned (SOEs) ministry that allowed the largest energy producer PT Pertamina to sell part of its assets to meet the company's financial needs. Lately, there is a rumors Pertamina is experiencing financial difficulties amid the higher premium subsidy and the increasingly of U.S dollar....
JAKARTA (TheInsiderStories)--Indonesian government will stop importing 500 items for six months in order to stabilise Rupiah against US dollar. Government also considered to give an incentive for exporters to bring their revenues to the country. Finance Minister Sri Mulyani Indrawati on Tuesday (14/8) said the government will soon release the lists...
JAKARTA (TheInsiderStories) - East Ventures (EV) is collaborating with Tokyo's based YJ Capital Inc. and SMDV --venture capital (VC) firm under Sinar Mas Group --, to set up EV Growth to grab growing digital companies in Indonesia. Trough this collaboration the three parties are targeting to invest US$150 million in the...
JAKARTA (TheInsiderStories) - Indonesian dairy industry is set for exponential growth this year due to significant shifts in how Indonesian consumers view health and lifestyle. Indonesia’s dairy industry and dairy products industry is undergoing a boom with market demand rising by over 10 per cent on an annual basis for...
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...

Latest article

BI to Lower Hedging Cost via Swap Transaction

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) planned to take measures to lower the cost of foreign currency hedging via swap transaction, BI’s Head of Monetary Department...

Morning Briefing: Jusuf Kalla, Sri Mulyani Join Widodo’s Re-election Campaign Team

JAKARTA (TheInsiderStories) - Good Morning. President Joko Widodo has officially picked Vice President Jusuf Kalla to lead the 11-strong steering committee for his re-election bid in...

Indonesia’s MoF Sell Retail Bond Through Online

JAKARTA (TheInsiderStories) - The Ministry of Finance (MoF) has officially opened the offering period of Savings Bond Retail series SBR004 through online system (e-SBN) on...

Indonesia’s FSA Launch OJK Infinity to Creates FinTech Ecosystem

JAKARTA (TheInsiderStories) - Indonesia Financial Services Authority  (FSA) inaugurated the operation of OJK Innovation Centre for Digital Financial Technology (OJK Infinity) which aims to build the FinTech ecosystem...

Dozens Killed on the Streets in Police Crackdown Ahead of Asian Games

JAKARTA (TheInsiderStories) - Indonesian police have shot dead more than 70 people in an escalating crackdown on what they have called ‘petty criminals’ in...

Azrul Tanjung: An Insight Into Ma’ruf Amin’s Economic Agenda

JAKARTA (TheInsiderStories) - As the chairman of Indonesia Ulema Council (MUI) Ma’ruf Amin spent his time and energy not only on the religious life on ordinary...