JAKARTA (TheInsiderStories)— President Joko Widodo launched Making Industry 4.0 roadmap as baseline the country's economic development during 2019 to 2030. So far the country lags behind regional peers in implementation of industry 4.0. Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes...
JAKARTA (TheInsiderStories) –  The Indonesian government efforts to encourage investor interest have not been maximized as reflected in investment performance, which only recorded moderate growth over the last couple of years. Only investment in digital sector that has shown significant growth. The Investment Coordinating Board of Indonesia (BKPM) reports that...
JAKARTA (TheInsiderStories) - By 2025 end, the global palm sugar market is expected to reach a value of more than US$2.00 billion expanding at a CAGR of 3.4% over the forecast period (2017–2025), Persistence Market Research reported. In terms of volume, the global palm sugar market is expected to be pegged at 747,525...
JAKARTA (TheInsiderStories) - National Police Deputy Chief Comissioner General Syafruddin has officially led the Administrative and Bureaucratic Ministry as he was inaugurated by President Joko Widodo at the State Palace on Wednesday (15/08). Syafruddin has replaced Amanat Nasional Party politician Asman Abnur, who resigned from the Working Cabinet on Tuesday after his...
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) expects the Indonesian economy to expand by 5.15 per cent in second quarter this year higher than first quarter 5.06 per cent, on the back of strong commodity prices and fiscal stimulus policies aimed to boost consumption during religious holiday in mid-year. Newly appointed...
JAKARTA (TheInsiderStories) - Bank Indonesia, the country's central bank, has issued ruling that will limit the amount of paper money to be brought out and inside the country. Based on the ruling (PBI NO. 19/7/PBI/2017) dated on May 5, 2017, the amount of paper money of Rp1 billion can only...
JAKARTA (TheInsiderStories) - Chairman of Unite State's (U.S) Federal Reserves Janet Yellen hinted would only gradually tighten monetary policy at the Semiannual Monetary Policy Report to the Congress on Wednesday (12/7). In the other side, China's export rose 11.3 percent to US$196.6 billion from a year earlier while imports rose 17.2 percent,...
JAKARTA (TheInsiderStories) - State-owned lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) plans to release sustainable bonds as much as Rp 20 trillion (US$1.38 billion) starting this year, said the chief executive on Thursday (01/03). Besides, the bank prepared funds Rp1.5 trillion to acquire general insurance firm. According to the...
JAKARTA (TheInsiderStories) - Australian Prime Minister Scott Morrison statement to admitted Jerusalem as the capital city of Israel has triggered discomposure from several countries. The country will also consider to move its embassy from Tel Aviv to Jerusalem. Indonesia, among other countries, questioned the statement. "Indonesia expressed serious concern about the announcement and...
Indonesia Export Duty of Mining and Comodities to Rise in March 2019
JAKARTA (TheInsiderStories)—Coal industry players gathered in the 24th Coaltrans Asia in Bali finds new optimism in the future coal business in the next few years, due to the rising coal price and strong demand from China and India. Optimism is the opposite of a year earlier when the business was...

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Insight: The Indo-Pacific Cooperation's Significance for Indonesia

Insight: The Indo-Pacific Cooperation’s Significance for Indonesia

JAKARTA (TheInsiderStories) – Indonesia held a High-Level Dialogue on Indo-Pacific Cooperation (IPC) in Jakarta on March 20, 2019, with the theme "Towards a Peaceful,...
Indonesia Initiates Indo-Pacific Cooperation to Maintain Economic Stability

Indonesia Initiates Indo-Pacific Partnership to Maintain Economic Stability

JAKARTA (TheInsiderstories) – In the midst of various global economic uncertainties, Indonesian government sees the importance of the Indonesia-Pacific region partnership that is home to...
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JAKARTA (TheInsiderStories) - Statistics Japan shows that the country' annual inflation lowered to 0.7 percent in February from 0.8 percent in a month earlier....
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JAKARTA (TheInsiderStories) - Two flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) and PT Lion Mentari Airlines had canceled Boeing 737 Max 8 booking. The...

Moody’s Revises Indosat Ooredoo’s Outlook to Negative

JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same...