Fauzul Muna
Before joining The Insider Stories as an editor, Muna was a journalist for macroeconomics and energy at Bisnis Indonesia. She received a Master of Science in International Development from The University of Manchester and bachelor degree in Social Development and Welfare from Universitas Gadjah Mada.
Indonesia’s Warung Pintar Raises $4M Funding Round
JAKARTA (TheInsiderStories)--Retail technology startup company Warung Pintar raised US$4 million funding round from Vertex Ventures, Pavilion Capital, and LINE Ventures, the company announced in a press release on Tuesday (7/8). Since its initial funding 6...
Lombok Earthquake Kills 91 People, Injures 209 People
JAKARTA (TheInsiderStories)--A 7.0 magnitude earthquake in Lombok on Sunday Night (5/8) killed 91 people and injured 209 people, Indonesian disaster agency reported on Monday (6/8). The National Disaster Mitigation Agency's spokesperson Sutopo Purwo Nugroho said...
Indonesia’s Pertamina Eyes Corridor Gas Block
JAKARTA (TheInsiderStories)--After winning the rights to expiring contract of Rokan block, Indonesia's state-owned oil and gas company PT Pertamina (Persero) is now eyeing Corridor Block in South Sumatra after its contract expires in 2023. The...
Indonesia’s GDP Expands 5.27% in Second Quarter
JAKARTA (TheInsiderStories)--Indonesia's gross domestic product (GDP) expanded 5.27 percent in the second quarter of this year (year on year/yoy) or the highest since 2013, supported by growth in household consumption, investment, and exports. It was...
Indonesia’s Telkom to Issue $103M Medium-Term Notes
JAKARTA (TheInsiderStories)--Indonesia's largest telecommunication and network provider PT Telekomunikasi Indonesia Tbk (IDX: TLKM) plans to issue conventional and sharia medium-term notes (MTN) worth of Rp1.5 trillion (US$103.471 million). The notes will be issued in 1-year tenor,...
Indonesian Govt. Spends $39M on IMF-World Bank Meeting Preparation
JAKARTA (TheInsiderStories)--Indonesian government spent Rp566 billion (US$39.01 million) on the preparation of International Monetary Fund (IMF)-World Bank (WB) meeting that will be held on October 12-14, 2018 in Bali. Coordinating Minister for Maritime Affairs Luhut...
Indonesia’s Medco First Half Net Profit Falls 48%
JAKARTA (TheInsiderStories)--PT Medco Energi International Tbk (IDX: MEDC)'s net profit for the first half this year fell 48.6 percent to US$41.4 million (year on year/yoy) due to a loss in PT Amman Nusa Tenggara...
Kalla: Indonesia Needs Strict FX Policy to Stabilize Rupiah
JAKARTA (TheInsiderStories)-- Indonesia may need stricter foreign exchange (FX) regime in order to help stabilize the Rupiah, Vice President Jusuf Kalla said on Thursday (02/08), citing the little amount of foreign currency earnings from exports repatriated...
Indonesian Govt. to Issue Regulation on Rooftop Solar Panels
JAKARTA (TheInsiderStories)--The Indonesian government will immediately issue a regulation regarding rooftop solar panels to allow consumers selling excess electricity to PT Perusahaan Listrik Negara (Persero), a state official said on Wednesday (1/08). Energy and Mineral...
BTPN, Bank Sumitomo to Officially Merger in January 2019
JAKARTA (TheInsiderStories)--PT Bank Tabungan Pensiunan Nasional (IDX: BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI) officially started a merger process and targets its completion by January 2019. BTPN and SMBCI's Commissioners approved the merger plan on...