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Jakarta
Sunday, April 22, 2018
JAKARTA (TheInsiderStories) – The long-drawn-out negotiations between the Indonesian government and U.S. miner Freeport McMoRan Inc. (NYSE: FCX) has resulted in absolutely no progress, although the deadline for conclusion of the negotiations has been extended several times. The principles agreed so far are in my opinion a bad deal, as...
JAKARTA (TheInsiderStories) – The Indonesian appetite to shop online continues to strengthen, as revealed by a number of research results, indicating that e-commerce has a bright outlook for this year. However, more efforts are needed to maintain customer loyalty. According to the latest Temasek research, in 2017, Southeast Asian citizens...
JAKARTA (TheInsiderStories) - In anticipation of lingering global uncertainty, the government will issue 100 per cent of its foreign currency bonds (or sovereign bonds) during the first half (H1) of 2018. The decision is also seen as a move to mitigate global market risk. This year, the government plans to sell...
JAKARTA (TheInsiderStories) – The sharing economy continues to expand, necessitating evolution of traditional financial institution business models, particularly with digital payment systems. Today, blockchain is the world's leading software platform for digital assets, offering the largest production platform in the world with new technology to build a radically better financial...
JAKARTA (TheInsiderStories) - The emergence of a number of regulations in various sectors of economic activity over the last ten years requiring companies operating in Indonesia to store data in the country has encouraged the growth of the data center business and has boosted cloud computing technology. One analyst suggests...
JAKARTA (TheInsiderStories) – Economies of scale are vitally important in the maritime transportation business; sharing of investment among port operators is becoming a norm. Investments are expected to upgrade operations and make them more efficient. The Ministry of State-Owned Enterprises (SOEs) has put in motion a plan to establish a parent...
JAKARTA (TheInsiderStories) - Minister for Communication and Information Technology Rudiantara projected that the country’s new unicorn, a US$1 billion valued startup company, will emerge from the education sector, no later than 2019. The statement was made in November 2017, after he visited the office of Ruangguru, an educational technology...
JAKARTA (TheInsiderStories) - The country's aircraft maintenance, repair and overhaul (MRO) business is projected to continue to expand in coming years, in line with the growth of the country's aviation industry and the increasing number of aircraft operating in the country. Unfortunately, domestic MRO providers are yet to fully accommodate...
JAKARTA (TheInsiderStories) - Indonesia’s vast and young population sounds like a great market opportunity for business players and investors. But there is one catch. The majority of Indonesians don’t have the financial freedom to purchase goods and services beyond bare necessities. Out of a population of 252 million people, 28.6 million...
JAKARTA (TheInsiderStories) - Digital Financial Services may well be the next big thing, combining existing mobile phone usage and the country's increasing appetite for financial services. Earlier this week, Queen Maxima of the Netherlands, the United Nations Secretary General’s Special Advocate (UNSGSA) visited Indonesia for Inclusive Finance for Development, expecting...

Latest article

Indonesia Expects Lower Investment in Mining, Oil & Gas Sectors

JAKARTA (TheInsiderStories)—The government revised down its investment target from the mining, and oil and gas sectors by 25.7 per cent to US$37.2 billion this...

State Port Operator Pelindo III Increases Holding in Port Developer APBS

JAKARTA (TheInsiderStories)—State-owned port management company PT Pelabuhan Indonesia III (Pelindo III) increased its ownership in PT Alur Pelayaran Barat Surabaya (APBS), a joint venture with...

Indonesia Raises US$2B From Dual Currencies Bond Sale

JAKARTA (TheInsiderStories) - Indonesia has raised US$1 billion and one billion Euro ($1.24 billion) in a dual-currency bond sale, the finance ministry said in statement...

Indonesian Gov’t Appoints Nicke Widyawati as Pertamina’s Acting CEO

JAKARTA (TheInsiderStories) - State-owned Enterprise Ministry (SOEs) for the second time of this year shake up the management of energy firm PT Pertamina after a series...

Reynold Wijaya of Modalku: We Only Take the Crumble of the Pie Crust That...

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,...

Policy Review: More Breakthrough Needed to Improve Investment in Energy Sectors

JAKARTA (TheInsiderStories)—The government already revoked 186 conflicting regulations in the energy sector, but apparenyly it is not enough to improve investment climate in this sector. The...