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Morning Briefing: Chinese Renmimbi Drops to Lowest Level Again

JAKARTA (TheInsiderStories) - Good Morning! Chinese Renmimbi weakened to 7.18 to the US dollar, less than a month after Beijing let the currency pass a threshold. People’s...

New Industrial Zones worth of US$300M Standing in Karawang

JAKARTA (TheInsiderStories) - Industrial zone worth of US$300 Million established in Karawang, West Java, with the concept of Industry 4.0. The industrial area was managed by international...

Morning Briefing: China, Japan Strenghtens Economic Cooperation

JAKARTA (TheInsiderStories) — Good morning! On Monday (04/15), Chinese Premier Li Keqiang met Japanese Foreign Minister Taro Kono at the high-level economic dialogue between...

Insight: Economic Outlook Weakens, Not Sign of Global Recession

JAKARTA (TheInsiderStories) – The 2019' World Economic Forum (WEF) raised the theme of Globalization 4.0 by discussing more about financial risk mitigation, a strategy...

Outdated Power Sector Threatens Indonesia’s Industry 4.0 Aspirations

JAKARTA (TheInsiderStories)--The outdated technology utilised in Indonesia's electricity sector could dent the government's aspiration to kickstart the fourth industrial revolution, also known as Industry...

Industry Minister Asks US$185M Additional Budget for Industry 4.0

JAKARTA (TheInsiderStories)—Industry Minister Airlangga Hartarto proposed for an additional US$185,2 million (Rp2.57 trillion) in the 2019 state budget to support the government's program on...

Indonesia’s Power Sector Urges to Catch Up Industry 4.0

JAKARTA (TheInsiderStories)—Indonesia's power industry adapt to the latest technology advancements to play its strategic role in Industry 4.0. Many countries have developed strategies to capitalize...

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...

Industry 4.0: Carry Out Effectiveness in Automotive Sector

JAKARTA (TheInsiderStories) - In the light of fourth industrial revolution era Ministry of Industry of Indonesia has laid out five sectors in which implementation of...

Industry 4.0: Lessons to Learn Beyond Cheap Labor in Textile Industry

JAKARTA (TheInsiderStories)—Indonesia has always factored its cheap labor as the main driver in its efforts of generating investments into its textile industry. So much...

Industry 4.0: Chemical Industry Needs Investment-Friendly Policies

JAKARTA (TheInsiderStories) - In order for the chemical industry to achieve its designated objective as one of the five priorities in the Industry 4.0...

Policy Review: Role of Industry 4.0 in Food and Beverages Industry

JAKARTA (TheInsiderStories) - Indonesia's President Joko Widodo has set a roadmap for the implementation of the industry revolution 4.0 to generate economic growth based on...

Analyzing the Prospects and Challenges of Industry 4.0 Implementation in Indonesia

JAKARTA (TheInsiderStories)—The fourth industrial revolution (Industry 4.0) that refers to process automation and data exchange has prospects for a greater use in manufacturing technologies...

Indonesia to Offer Tax Incentives Next Month

JAKARTA (TheInsiderStories) - Indonesian government has said it will release tax super deduction up to 200 per cent in May for companies carrying out Research...

Policy Review: Can Indonesia Get Cured from the Dutch Disease?

JAKARTA (TheInsiderStories)— While Indonesia is pushing to boost its manufacturing sector, the country is apparently being trapped by the Dutch Disease situation. The administration of...

Policy Review: Preparing Roadmap for Industry 4.0 Era

JAKARTA (TheInsiderStories) – The world is currently entering the Industry 4.0 era, in which is marked by the integration of artificial intelligence, internet of...