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Moka Raised US$24M Series B Led by Sequoia India

JAKARTA (TheInsiderStories) - Moka, a fast-growing Indonesian cloud-based point-of-sale system, has raised US$24 million Series B round led by Sequoia India. The round included new...

Morning Briefing: An Optimism Wave on the Global Economic Resilience Emerges

JAKARTA (TheInsiderStories) - A wave of optimism for global economic resilience emerged despite an escalation of United States (U.S) - China trade war and divisions in...

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,...

Reynold Wijaya of Modalku: We Only Take the Crumble of the Pie Crust That...

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,...

BI Released New Reserve Requirement Rule to Drive Bank Loans

JAKARTA (TheInsiderStories) - Indonesia's central bank (BI) has issued a new regulation on reserve requirements, which aim to stimulate lenders to pump liquidity into the...

Moody’s Downgrades Retailer Matahari on Heightened Liquidity Risk

JAKARTA (TheInsiderStories) - Global rating assessor Moody's Investors Service has downgraded the corporate family rating for Indonesian leading retailer PT Matahari Putra Prima Tbk...

Indonesia’s BRISyariah Targets US$124M from IPO

JAKARTA (TheInsiderStories) - PT Bank BRISyariah Tbk targeting to raise Rp1.7 trillion (US$124.09 million) from initial public offering (IPO). The company set the indicated price...

Status Updates of Indonesia’s National Strategic Projects

JAKARTA (TheInsiderStories) - The administration of President Joko Widodo is ratcheting up infrastructure spending, with priorities set in logistic, energy and transportation sectors. Indonesia needs...

Agriculture Ministry Allocates US$1.45B for Post Harvest Infrastructure

JAKARTA (TheInsiderStories) - The Agriculture Ministry has allocated Rp20 trillion (US$1.45 billion) for the development of post-harvest infrastructure in order to absorb the farmer's production,...
TIS - Intelligence - Regulating a Ride-Hailing Business Constructively and Effectively

New Online Transportation Policy Out in May

JAKARTA (TheInsiderStories) - Indonesian Government is currently drafting the new regulation on the change of ride-hailing companies into public transportations. The new regulation its expected comes...

Telkom Metra Acquires 51% Stake in Financial Service Firm

JAKARTA (TheInsiderStories) - PT Telkom Indonesia Tbk (IDX: TLKM), through its subsidiary, PT Multimedia Nusantara (Metra Telkom) has officially acquired 51 per cent of PT...

Moody’s: Asian Infrastructure Finance To Show Greater Diversity

Singapore -- Moody's Investors Service says that funding for infrastructure projects in Asia will demonstrate increasing diversity. The rating agency reported growing funding diversity to...

Policy Review: Addressing Investment Obstacles

JAKARTA (TheInsiderStories) – The Coordinating Minister for the Economic Affairs Darmin Nasution on Monday (12/3) held a limited cabinet meeting to discuss issues related...

Policy Review: Logistic Sector to Replicate Last Year’s Growth of 15%

JAKARTA (TheInsiderStories) - Indonesian Express Delivery Companies Association estimate that logistic business growth in 2018 will reach 15 per cent level, similar to last year's...

Hyundai Motor, Artha Graha Set Up JV in Indonesia

JAKARTA (TheInsiderStories) - South Korean's Hyundai Motor will establish a joint venture (JV) in Indonesiaas a stepping stone in entering the commercial vehicle market in Indonesia...

President Widodo Projects 2018 GDP at 5.3-5.4%

JAKARTA (TheInsiderStories) - President Joko Widodo has called on business players to seize promising business opportunities as Indonesia’s economic growth is expected to improve...

Political Review: Maintaining Investment Lust amid a Potentially Politically Volatile 2018

JAKARTA (TheInsiderStories) - Political volatility within the next two years is unlikely to disrupt the Indonesian economy. Such optimism was shared by a number of government...

Jakarta Loses its Luster for Attracting New Investors

  JAKARTA (TheInsiderStories) – Jakarta, Indonesia’s capital city seems to have lost its momentum for attracting investors in 2017, meaning it is possible it will cease...

Economic Reforms: ‘Mission Unaccomplished’

JAKARTA (TheInsiderStories) - Indonesia has made substantial progress in improving its business climate, as reflected in the increase of Indonesia’s global ranking in terms...

Widodo to Push Indonesia EODB Ranking To 40 Next Year

JAKARTA (TheInsiderStories) – Indonesia’s Ease of Doing Business (EODB) for 2018 has jumped by 19 points to 72, however, President Joko Widodo said the...

President Widodo’s 3rd Year: Indonesian Logistics Performance Improves

JAKARTA (TheInsiderStories) – Over the last three years, the government, under President Joko Widodo has expressed its efforts to tackle the issue of stubborn inefficiency...

Fajar Harry : Holding Company for Mining Will Establishs

JAKARTA (TheInsiderStories) - The establishment of the first holding company ever in Indonesia has come closer to reality. Since the Ministry of State-Owned Enterprises announced...
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