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Tuesday, July 24, 2018
TIS - Intelligence - Regulating a Ride-Hailing Business Constructively and Effectively
by Henry BL Toruan, PHD Ride-hailing’ (also known as ‘ride-sharing’) platforms connect drivers and vehicles with consumers who need transport, at an agreed price. Typically, a customer uses an app on her smartphone to request a ride at a particular time and from a specific place. The app on the...
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 sharing, peer-to peer transaction, and many more. Most scholars identify the so called 'sharing economy as 'collaborative consumption' (CC) which is essentially the peer-to-peer based...
JAKARTA (TheInsiderStories) – Following the welcome S&P Global Rating upgrade of Indonesia’s status to ‘investment level’ in May, the Jakarta Composite Index (JCI) — the gauge of the Indonesia Stock Exchange (IDX) — broke several records, reading a peak of 6,133 on Monday, Dec. 18, 2017. The global forecast for...
JAKARTA (TheInsiderStories) - The Philippines' economic growth in the second quarter of this year was the fastest among the six biggest members of the Association of Southeast Asian Nation (ASEAN), representing more than 95 percent of gross domestic product (GDP) in the regional bloc. Meanwhile, Indonesia remains the largest economy...
JAKARTA (TheInsiderStories) - Indonesian government aims to establish the Indonesia Infrastructure Financing Agency, also known as the ‘infrastructure bank’ as soon as 2018, to act as a bridge over the gap between the needs of infrastructure project funding and available longer-term financing. Isa Rachmatarwata, Director General of State Assets Management...
Singapore -- Moody's Investors Service has assigned a first-time Ba2 corporate family rating (CFR) to Wijaya Karya (Persero) Tbk. (P.T.) (WIKA). The rating outlook is stable. RATINGS RATIONALE As a government-related issuer (GRI), WIKA's rating reflects a combination of (1) its b1 baseline credit assessment (BCA), and (2) a two-notch uplift based on Moody's expectation...
JAKARTA (TheInsiderStories) - The administration of President Joko Widodo (Jokowi) and Vice President Jusuf Kalla (JK) will end in early 2019. This means that their period of leadership will only be one and a half years away. This time will be shorter because by the end of 2018 the General...
JAKARTA (TheInsiderStories) - Steadily rising of global oil price is expected to stimulate State Budget revenues next year, according to Minister of Finance Sri Mulyani Indrawati. With a total revenue target of Rp1,894 trillion (US$132.5 billion), the government expects to achieve 10.1 per cent growth in oil and gas tax...
JAKARTA (TheInsiderStories) - President Joko Widodo has targeted 5.4 percent of economic growth for 2018, supported by infrastructure development and consumer activity. Widodo's infrastructure development plan will require some Rp 5,500 Trillion (US$450 billion) in investment between 2015 and 2019 – the term of his presidency – the funds to derive from...
JAKARTA (TheInsiderStories) - Minister of Finance Sri Mulyani Indrawati officially Installed Robert Pakpahan as the new Director of General Taxes on Thursday (30/11), replacing Ken Dwijugiasteadi, who will retire in early December. Pakpahan was directly appointed by President Joko Widodo, after Sri Mulyani proposed three alternative candidates for post: Pakpahan, Suryo Utomo (Expert Staff...

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