JAKARTA (TheInsiderStories) – The Indonesian electronic money (e-money) service TCash officially changes to LinkAja, as an electric payment (e-payment) instrument belonging to the State-owned Bank Association and cellular operator, PT Telekomunikasi Selular (Telkomsel) today. But, the license will launching on March 3rd 2019, told company official report in the written statement...
JAKARTA (TheInsiderStories) - Indonesian government has released government bond with total amount Rp122.5 trillion (US$8.75 billion) or 34.1 percent of the 2019 State budget targets. The funds will used to cover budget deficit in this year. Finance Minister Sri Mulyani Indrawati reported on Wednesday, the realization deficit until end of January...
JAKARTA (TheInsiderStories) - European Commission (EC) President Jean-Claude Juncker and British Prime Minister Theresa May made fresh efforts on Wednesday (02/21) to unlock the Brexit stalemate. Without a breakthrough, as expected, they pledged to talk again before the end of the month. At the meeting both leaders issued a joint...
JAKARTA (TheInsiderStories) – Bitcoin and digital gold officially traded in Indonesia under certainty. Commodity Futures Trading Regulatory Agency (CoFTRA) has issued four regulations related to crypto-currencies and digital gold after existed in Indonesian market. The crypto and digital gold trade underlie in regulation Number 2 Year 2019 concerning the Implementation...
JAKARTA (TheInsiderStories) - Board governor of Bank Indonesia (BI) decided to maintain a 7 day Reverse Repo Rate (BI 7-DRR) at 6 percent, a Deposit Facility interest rate of 5.25 percent, and a Lending Facility interest rate of 6.75 percent, said the central bank today (02/21). BI Governor Perry Warjiyo,...
Oil and Gas Companies Still Faces Volatility Price in Coming Years
JAKARTA (TheInsiderStories) – In 2019, the ongoing volatility of oil prices tends to make the valuation of oil and gas companies more challenging, especially when the price of the resource base is so unclear. So, this year oil and gas executives must try to set the direction of growth...
BRI Countries Predicted to Surge by MNC’s Investment
JAKARTA (TheInsiderStories) – Most of China and international investors regard political risk as the biggest barrier to investment and pose the biggest challenges for future projects. But, market sentiment heated up the idea that investment from multinational companies  (MNCs) in Belt and Road Initiative (BRI) countries would rise in...
Indonesia to Set Up Telco's Industry Consolidation
JAKARTA (TheInsiderStories) – Indonesian government is planning to consolidate telecommunication companies to only three players left, said one executive yesterday (02/20). Currently, there are still five telecommunications industry players in the country. President Director of PT Smarrfren Telecom Tbk (IDX: FREN) Merza Fachys, said President Joko Widodo saw a lot...
JAKARTA (TheInsiderStories) - Former Indonesian Minister of Energy and Mineral Resources, Sudirman Said, accused there is a fraud on the PT Freeport Indonesia (PTFI) deal. Before the decision, he said, there is a secret meeting between President Jokowi Widodo and James R. Moffet, chairman of Freeport McMoran Gold &...
JAKARTA (TheInsiderStories) – The second debate of presidential candidates last Sunday ignited a number of new questions. Debates over energy, food, infrastructure, natural resources and the environment have opened the secrets of the mining oligarchs around the two candidates. The mapping of the conglomerates can explain not only the question...

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Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) noted that the inflows of foreign capital to the Indonesian market until Feb. 21, 2019 reached Rp 45.9...
US-China Trade Battle Hits Global GDP as Negative for 2-3 Years

US-China Trade Battle Hits Global GDP as Negative for 2-3 Years

JAKARTA (TheInsiderStories) – The ongoing trade battle between the United States (US) and the China presents obstacles to global manufacturing and international trade that...

Indonesia’s FIFAstra to Issues US$1.67M Bond

JAKARTA (TheInsiderStories) – Indonesian leasing company, PT Federal International Finance (FIF), which is known for its brand name FIFAstra, will enter capital market to issue...
Indonesia' anti-graft will Summon Samin Tan in Bribery Case

Indonesia’ anti-graft will Summon Tan in Bribery Case

JAKARTA (TheInsiderStories) – Indonesian anti-graft investigating team will summon PT Borneo Lumbung Energy & Metal owner Samin Tan to undergo a preliminary inspection following...

WTO Predicts Global Tensions Triggers Trade Weakness

JAKARTA (TheInsiderStories) – The World Trade Organization (WTO) predicted the trade tensions between the United States (US) and China, political risks and financial volatility...

Insight: Assessing Widodo’s Agrarian Reform Concept

JAKARTA (TheInsiderStories) – The five-year period of Joko Widodo - Jusuf Kalla' leadership was almost over. Since the beginning, the leaders has made agrarian...