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Jakarta
Thursday, May 24, 2018
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,...
JAKARTA (TheInsiderStories) -  The Indonesia Stock Exchange (IDX) early this week made a bold step by joining the Climate Bonds Initiative Partner Program, the sixth stock exchange to partner with the Climate Bonds. This signals seriousness of the exchange management to develop green bond market in Indonesia. In order to find out how big...
JAKARTA (TheInsiderStories) – Indonesia has witnessed the rise of ‘sharing economy’ business model over the past five years or so, in particular in areas of transportation, tourism, finance, and retail sector. The business model has also been adopted in other business sectors. The term sharing economy refers to an economic...
JAKARTA (TheInsiderStories) - As state-owned port operators are no longer limited in carrying out expansions by region, PT Pelabuhan Indonesia (Pelindo) II or Indonesian Port Company (IPC) plans to enlarge its business across the archipelago. Elvyn Masassya, 47, started his career in 1990 as a credit analyst at state lender PT...

Latest article

Indonesia Go-Jek Prepares US$500M to Enter SEA Market

JAKARTA (TheInsiderStories) - Indonesia's on-demand services and ride-hailing company Go-Jek announced that it will invest about US$500 million to enter into four new markets...

U.S Overtakes Hong Kong at First Place Ammong World’s Most Competitive Economies

Lausanne, Switzerland –   The top five most competitive economies in the world remain the same as in the previous year, but their order changes,...

Indian Premier Modi to Visit Indonesia Next Week

JAKARTA (TheInsiderStories) - Indian Prime Minister Narendra Modi is all set to travel to Indonesia on May 29 in his first ever visit to...

PTBA Secures US$1.26B Loans from China Exim Bank

JAKARTA (TheInsiderStories)--PT Huadian Bukit Asam Power (HBAP), a joint venture power company between PT Bukit Asam Tbk (PTBA) and PT China Huadian Hongkong Company...

Bank Indonesia to Set Standards on QR Code Payment

JAKARTA (TheInsiderStories)--Bank Indonesia plans to launch the Quick Response (QR) code payment standardization by the end of this month, delayed from the initial plan...

Is Indonesia’s Education Budget Keeping Up with Industry 4.0?

JAKARTA (TheInsiderStories)— While the Indonesian government had set a 20 per cent mandatory allocation of the state budget to education, it remains to be...