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Jakarta
Tuesday, August 21, 2018
JAKARTA (TheInsiderStories) - The government of Indonesia is expected to set up a special team this month. The so-called team for increasing domestic production usage, or P3DN, will monitor fulfillment of local content requirements by industries and procurement for government projects. Industry Minister Airlangga Hartarto said the team would consist...
JAKARTA (TheInsiderStories) – President Joko Widodo on Thursday (15/3) held a gathering with the country’s top banking officials at the State Palace. The President called on the bankers to be more aggressive in providing loans as a move to help accelerate the country’s economic growth, which has been growing...
JAKARTA (TheInsiderStories) - Indonesia expects further inflows from foreign investors into its debt market after news that local currency bonds will be added to a global bond index in June 2018, strengthening the nation's confidence amid regional currency volatility. Indonesian rupiah-denominated bonds eligible for the widely used in Bloomberg's Global Aggregate...
JAKARTA (TheInsiderStories) - Boosting investment has been an economic priority for President Joko Widodo, particularly since sluggish consumption has capped annual economic growth at around 5 per cent for several years. Finance Minister Sri Mulyani Indrawati has said several regulations are being revised to provide more tax incentives to business...
JAKARTA (TheInsiderStories) – The Coordinating Minister for the Economic Affairs Darmin Nasution on Monday (12/3) held a limited cabinet meeting to discuss issues related to the efforts to boost direct investment in the country. The particular topic of discussion was fiscal incentives to be provided to particular industries. Providing fiscal...
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) - Indonesian government's plan to raise energy subsidy in the State Budget will likely help maintain Indonesia's sovereign rating outlook from international rating agencies. Recently, President Joko Widodo's administration has revealed its plan to raise fuel subsidy as a consequence of keeping the subsidized fuel and electricity tariffs unchanged. The Finance...
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo on Thursday (1/3) has officially issued a decree to rule 'Beneficial Ownership' to meet on Automatic Exchange of Information (AEoI) assessment this year. Beneficial owners are widely defined as a person who ultimately control a corporate entity, even though they are not necessarily recorded...
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) – The Energy and Mineral Resources (EMR) Ministry has revoked as many as 90 regulations as well as 96 certifications, recommendations and permits which are considered overlapping, irrelevant or contra-productive with the government’s efforts to boost investment in the energy sector. “In total, as many as 186 (regulations...

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...