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...
JAKARTA (TheInsiderStories) Indonesian state-controlled port operator PT Pelabuhan Indonesia III (Pelindo III) is considering selling up to US$1 billion of bonds in 2018 to strengthen its equity and enable refinancing. President Director I Gusti Ngurah Askhara Dana Diputra, popularly known as Ari Askhara, has an in-depth experiences in financial-related positions after...
JAKARTA (TheInsiderStories) - PT Indosat Tbk (ISAT), the second-largest telecom player in Indonesia, reported 29 per cent growth in net profit, at Rp1.09 trillion (US$81.34 million) for Jan-Sep 2017, compared to the same period last year, supported by better revenues and higher cost efficiency. The company's revenues rose 4.8 per...
JAKARTA (TheInsiderStories) - Sriwijaya Air, the third-largest airline in Indonesia, has decided to postpone its initial public offering (IPO) on the Indonesia Stock Exchange, moving to 2018 from an initial target set by the company for 2017. Chandra Lie, President Director of Sriwijaya Air, has admitted the airline needs more...

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Indonesian Election: Both Candidates Awaits Official Election Results

JAKARTA (TheInsiderStories) - The results of the 2019 Indonesian general election are in the process of being counted at the polling station. Both incumbent...

Sluggish Exports to Asia Continues to Weigh Japan’s Trade Balance

JAKARTA (TheInsiderStories) - Japan’ trade surplus declined 32.6 percent year-on-year (YoY) to JPY529 billion (US$4 billion) in March on a non-seasonally adjusted basis, IHS Markit reported....

Indonesia’s Loan Growth Slowing Down in 1Q

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) survey showed the national bank' loan growth slower in the first quarter (1Q) of 2019. The weighted net...

Insight: Indonesia’s Real Challenge for Next President

JAKARTA (TheInsiderStories) – The 2019 presidential election is run today. All debates have been held with the two candidates colliding ideas and strategies to...

Indonesian Election: Organizers Integrity Doubtful

JAKARTA (TheInsiderStories) - The 2019 Indonesian general election begins with a poor record of the integrity of the organizers, both the General Election Commission...

Indonesian Election: Subianto Confidents to Win by 63%

JAKARTA (TheInsiderStories) – Indonesian presidential candidate Prabowo Subianto very confident to win 63 percent over his contender of Joko Widodo - Ma'ruf Amin, he said at...