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Indonesian GO-JEK Confirms to Launch International Expansion

JAKARTA (TheInsiderStories) – GO-JEK, an Indonesian ride-hailing provider has confirmed that it is to invest US$500 million in its international expansion strategy. The operator expect...

Japan Explores Possibility to Turn Indonesia into Manufacturing Hub

JAKARTA (TheInsiderStories)—Indonesia and Japan agreed to explore the possibility of developing Indonesia as a manufacturing base for Japanese companies. Indonesia’s Foreign Affairs Minister Retno Marsudi...

Surprise in Indonesia’s Trade Balance Pushes Rupiah, JCI to Red Zone

JAKARTA (TheInsiderStories)--Surprise in the trade balance in May 2018 that reached US$1.52 billion pushed the Rupiah and Jakarta Composite Index (JCI) to the lower...

Singapore’s RH Petrogas Wins New 20-Year of Two Indonesian PSC

JAKARTA (TheInsiderStories) - Singapore’s RH Petrogas Ltd., has been awarded new 20-year contract terms for two production sharing contracts (PSC) in Indonesia, said the...

IDX Suspends Indonesia’s Express Trading on Failure to Pay Bonds Interest

JAKARTA (TheInsiderStories)— The Indonesia Stock Exchange (IDX) suspended trading of the taxi company PT Express Transindo Utama Tbk (IDX: TAXI) share as the company...

KinerjaPay to Enter Micro Lending Business in Indonesia

JAKARTA (TheInsiderStories) - KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced is ready to launch its own indigenous application for micro lending business...