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Thursday, January 18, 2018
JAKARTA (TheInsiderStories) -UK-listed Andalas Energy and Power Plc and PT PP Energi (PPE), unit of state-owned engineering firm PT PP Tbk (IDX: PTPP) has signed an agreement to develop gas-fired power facilities in the Southeast Asian (SEA) nation. Andalas to propose at least three projects to PPE within three months. It said,...
JAKARTA (TheInsiderStories) - President Joko Widodo is indeed focusing on developing infrastructure in all sectors, the main capital for achieving the economic growth of minimum 7 percent, then Indonesia could reach the so-called established country status by 2025, leaving current status as the emerging country. Indonesia's economy grew by 5.18 percent in...
JAKARTA (TheInsiderStories) - The investors' appetite to invest in the Special Economic Zones (SEZ) is high as it reached Rp221 trillion (US$16.62 billion) in the first half (H1) of 2017, said deputy for the Acceleration of Infrastructure and Regional Development of the Coordinating Ministry for Economic Affairs Wahyu Utomo. Almost 73 percent of...
JAKARTA (TheInsiderStories) - The largest oil & gas producer in Indonesia PT Pertamina stated to reduce some of its financial burden will renegotiate the cooperation with Saudi Aramco and Russian Rosneft to develop two major refinery projects in Indonesia, said one senior official. Both projects are located in East Java. Pertamina...
JAKARTA (TheInsiderStories) - Indonesian private equity firm PT Saratoga Investama Sedaya Tbk (IDX: SRTG) has rumored to sell 51 percent share of PT Medco Power Indonesia to investors, several sources said. On Dec. 16, Saratoga acquired 51 percent shares of Medco Power from PT MedcoEnergi International Tbk (IDX: MEDC) with total...

Latest article

President Widodo Installs New Minister, Air Force Chief

JAKARTA (TheInsiderStories) – President Joko Widodo on Wednesday (17/01) installed Idrus Marham as new Minister for Social Affairs, Airforce Chief Marshall Yuyu Sutisna and...

Morning Briefs – Jan 17

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Indonesia to Export LNG to Bangladesh and Pakistan Indonesia,...

Minister Rudiantara: Sharing Economy Resolves Inefficiencies

JAKARTA (TheInsiderStories) – Indonesia has witnessed the rise of ‘sharing economy’ business model over the past five years or so, in particular in areas...

Indonesian Fintech Players Enjoyed Better Ecosystem in 2017

JAKARTA (TheInsiderStories) - Indonesia's financial technology players enjoyed a stronger business growth last year, thanks to a more supportive regulations and a better collaboration...

Idrus Marham Reportedly Appointed as Minister for Social Affairs

JAKARTA (TheInsiderStories) – Secretary General of Golkar Party Idrus Marham has been reportedly appointed by President Joko Widodo as new Minister for Social Affairs, replacing...

Boosting Logistics Efficicency through Sharing Economy

by Henry BL Toruan, PHD What is sharing economy? Sharing economy is a term with a range of meaning including open source, on-line collaboration, file...