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Desk Editor Insider

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Policy Review: Investment in Renewable Sectors Still Far Below Expectation

JAKARTA (TheInsiderStories) - Indonesia's government has set an ambitious target to expedite renewable energy capacity by 2025, yet the level of investment from both public and private sector is still far from expectation. By 2017,...

Grab, Uber’s Deal Under Antitrust Scrutiny in Indonesia

JAKARTA (TheInsiderStories) - Indonesia's Business Competition Supervisory Commission said it will scrutinize Grab's business over prospects of monopoly after the Singapore-based technology company acquired acquired Uber’s Southeast Asia operations, including Indonesia. "We recognize that the exit...

Measuring the Impacts of U.S, China Trade War for Indonesia

JAKARTA (TheInsiderStories) - Policy makers across Southeast Asia are turning their focus on bolstering their domestic markets to cushion the blown from the U.S and China trade war play out. That also includes Indonesia which...

U.S Farallon Would Buy Bank Permata’s Shares?

JAKARTA (TheInsiderStories) - American investment company Farallon Capital Management L.L.C. is reportedly seeking to buy a 44.6 percent stake in local lender PT Bank Permata Tbk (IDX: BNLI) from U.K's Standard Chartered PLC, local...

Forex Reserves Down by $2.06 Billion to Stabilize Rupiah

JAKARTA (TheInsiderStories) — Indonesia's foreign exchange reserves declined by $2.06 billion to $126.0 billion at the end of March as the central bank had to stabilize the rupiah exchange rate and the government had...

Grab’s Plans After Acquiring Uber’s SE Asia Business

JAKARTA (TheInsiderStories) - Southeast Asia's largest ride-hailing operator on Grab on Friday (06/04) unveiled its future plans in Indonesia after acquiring South-east Asia business of its rival Uber. Grab announced last week that it had acquired...

BI Released New Reserve Requirement Rule to Drive Bank Loans

JAKARTA (TheInsiderStories) - Indonesia's central bank (BI) has issued a new regulation on reserve requirements, which aim to stimulate lenders to pump liquidity into the market and disburse more loans. Central bank governor elected Perry Warjiyo...

Moody’s Downgrades Retailer Matahari on Heightened Liquidity Risk

JAKARTA (TheInsiderStories) - Global rating assessor Moody's Investors Service has downgraded the corporate family rating for Indonesian leading retailer PT Matahari Putra Prima Tbk (IDX: MPPA) to B3 from B2, amid heightened liquidity risk...

Opportunities and Challenges of Digital Payment Industry in Indonesia

JAKARTA (TheInsiderStories) - For Indonesia, Digital Payment System may well be the next big thing, combining existing mobile phone usage and the country's growing financial services. Digital payment system not only promise an accelerated economic growth...

Status Updates of Indonesia’s National Strategic Projects

JAKARTA (TheInsiderStories) - The administration of President Joko Widodo is ratcheting up infrastructure spending, with priorities set in logistic, energy and transportation sectors. Indonesia needs to upgrade its public facilities, including roads, ports, water facilities,...