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Linda Silaen

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The Insider Stories Founder Linda Silaen has a solid, proven history, established over more than a decade as a journalist with a leading internasional news organization, of being the first with the biggest economic news stories in Indonesia. Specializing in corporate news, Linda is also a veteran of some of the biggest macroeconomic and general news stories as Indonesia rapidly transforms into a major market economy. One of the founders of the original blog from which this company developed, Linda’s knowledge of investors’ information communications and data us developed from unrivaled networking skills that make her a well-known name among CEOs, bankers, government officials and private equity investors both in Indonesia and other countries.

Indonesian FinTech Firm’s Akulaku Raises US$70M Led by Chinese Finup

JAKARTA (TheInsiderStories) - Indonesian financial technology (FinTech) startup Akulaku has raised US$70 million Series C round led by Chinese's Finup, joined with Sequoia India, BlueSky Venture Capital, and Qiming Venture Capital, said the company yesterday (31/10). Akulaku...

Morning Briefing: Dozen of Bodies Have Been Founded

JAKARTA (TheInsiderStories) - The National SAR Agency (BASARNAS) has collected 53 bodies  of Lion Air JT-610 crashed and will be sent to the Police Hospital, based on a a latest report until 18:00 p.m. On Wednesday...

Deposit Insurance Sees Indonesian Banking Loans Grow 13% This Year

JAKARTA (TheInsiderStories) - Indonesian Deposit Insurance Corporation (DIS) estimates that credit growth until the end of 2018 is grow around 13 percent with a loan-to-deposit ratio (LDR) above 92 percent. One fact is that capital is...

Morning Briefing: Indonesia Slashes 2018’s Investment Target

JAKARTA (TheInsiderStories) - After recorded a weak investment realization, the Investment Coordinating Board proposed to the Minister of Finance and Minister of National Development Planning to slashed this year investment target from Rp765 trillion (US$51...

Indonesia’s PLN Recorded Fantastic Losses in Q3, Loss Over than US$1B

JAKARTA (TheInsiderStories) - Indonesia's power producer, PT Perusahaan Listrik Negara (PLN) recorded a fantastic loss Rp18.4 trillion (US$1.22 billion) in the third quarter (3Q) of this year compared to the same period in 2017. In...

Indonesia Records Weak Foreign Direct Investment in 3Q of 2018

JAKARTA (TheInsiderStories) - Indonesia recorded weak investment realization of Rp173.8 trillion (US$11.08 billion) in the third quarter (3Q) of 2018, or dropped 1.6 percent compared to last year Rp176.6 trillion, said the chairman on...

Breaking News: Lion Air JT-610 Crashes After Loss Contact

JAKARTA (TheInsiderStories) - Lion Air JT-610 crashed after loss contacted in the Karawang cape areas, in West Java, on Monday morning (29/10), said the National SAR Agency (BASARNAS). 179 passengers was on the plane and...

Indonesia’s Anti-graft Arrested Sinarmas’s Directors on Bribery Case

JAKARTA (TheInsiderStories) - After Lippo Group, now Corruption Eradication Commission (CEC) arrested the management of PT Smart Tbk (IDX: SMART), a subsidiary of Sinarmas Group, another conglomeration company in Indonesia. According to vice chairman of CEC...

Indonesian Government Continues the Village Fund Program Although Criticized

JAKARTA (TheInsiderStories) - Ahead of the 2019 Presidential Election, the government suddenly made a new program, namely district funds. This program was announced directly by President Joko Widodo, during a working visit in Bali...

Morning Briefing: President Widodo’s District Funds Program Approved by the Parliament

JAKARTA (TheInsiderStories) - Good morning. President Joko Widodo district fund program approved by Indonesian parliament. In the meeting with government on Thursday (26/10), Budget Committee for the parliament agreed to allocated Rp3 trillion (US$206.90 million) funds for...