26 C
Jakarta
Tuesday, August 21, 2018
JAKARTA (TheInsiderStories)—The airline industry had been facing tough time during the first quarter of 2018, due to the problems which are mainly concerned with operational costs, supporting infrastructure, and management issues. The airline companies must also brace themselves for the ASEAN Single Aviation Market---also known as the ‘ASEAN Open Sky...
JAKARTA (TheInsiderStories)— Controlling about 34 percent share in domestic flight markets, the Lion Air Group undoubtedly plays important role in the landscape of Indonesia's aviation industry. The group runs three airlines namely Lion Air, Batik Air, and Wings Air. It flies to 183 domestic and international routes, supported by 112...
JAKARTA (TheInsiderStories)  - A global asset manager Aberdeen Standard Investments (ASI) has named Omar S. Anwar as Country Head and Head of Distribution for Indonesia. The man with over 30 years' track record of leadership in Indonesia's financial services industry was also appointed as the President Director of PT Aberdeen...
JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally, Fintech industry is an advanced development of the financial services industry, which majorly depends on the internet and digital innovations. Realizing that technology is the future...
JAKARTA (TheInsiderStories)—Indonesia has an ambitious goal to increase the share of renewable energy in the country’s energy mix to 23 per cent by 2025. But the country has so far been moving at a snail’s growth in the development of renewable energy. The country’s energy mix currently only reached 11-12%....
JAKARTA (TheInsiderStories)—Power producers in Indonesia is facing  obstacles in developing power plants. The Independent Power Producers Association of Indonesia (APLSI) and PricewaterHouse Cooper said a report that major obstacles are regulatory uncertainty, lack of coordination among ministry/institution, and the poor management of 35,000-megawatt projects. Furthermore, investors also criticize the low...
JAKARTA (TheInsiderStories) - PT Pegadaian has set a plan to transform its businesses through G-Star Generation with 5G’s strategy -- Grow Core, Grab New, Groom Talent, Gen-Z Tech and Great Culture. President Director of Pegadaian Sunarso said, the state-owned pawnshops company opens to create new businesses through the program. On April, 2,...
JAKARTA (TheInsiderStories) - Senior Economist for ASEAN at UBS Edward Teather sees Indonesian Rupiah could bounce back towards the level of Rp13,000 against U.S dollar, after recording a decline since last week. Based on Indonesian central bank data, Rupiah continues to drop to Rp13,750 per US dollar until today (7/3). The Indonesian...
JAKARTA (TheInsiderStories) - President Joko Widodo appointed and installed Inspector General of Police Heru Winarko at the State Palace in Jakarta on Thursday as the new Head of the National Narcotics Agency. Winarko is a former law enforcement deputy at the Corruption Eradication Commission, replaces Police Commissioner General...
JAKARTA (TheInsiderStories) - Located along some of the world’s busiest sea lanes, Indonesia offers tremendous potential for marine transportation. With the spirit to dominate the vessel business in a maritime country, PT Humpuss Intermoda Transportasi Tbk., together with its subsidiaries, engages in sea transportation and other related activities in Indonesia. Originally,...

Latest article

Indonesia’s MoF Sell Retal ​​Government Bonds Through Online

JAKARTA (TheInsiderStories) - The Ministry of Finance (MoF) has officially opened the offering period of Savings Bond Retail series SBR004 through online system (e-SBN) on...

Indonesia’s FSA Launch OJK Infinity to Creates FinTech Ecosystem

JAKARTA (TheInsiderStories) - Indonesia Financial Services Authority  (FSA) inaugurated the operation of OJK Innovation Centre for Digital Financial Technology (OJK Infinity) which aims to build the FinTech ecosystem...

Dozens Killed on the Streets in Police Crackdown Ahead of Asian Games

JAKARTA (TheInsiderStories) - Indonesian police have shot dead more than 70 people in an escalating crackdown on what they have called ‘petty criminals’ in...

Azrul Tanjung: An Insight Into Ma’ruf Amin’s Economic Agenda

JAKARTA (TheInsiderStories) - As the chairman of Indonesia Ulema Council (MUI) Ma’ruf Amin spent his time and energy not only on the religious life on ordinary...

IPC Plans to Develop CBL Inland Waterways This Year

JAKARTA (TheInsiderStories) - PT Pelabuhan Indonesia (Pelindo) II also known IPC, an integrated port operator, plans to start Cikarang - Bekasi - Java Sea...

Moody’s affirms Modernland’s B2 ratings; outlook stable

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B2 corporate family rating of Modernland Realty Tbk (P.T.). The outlook on ratings is maintained at stable. Moody's...