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AllSome Raises US$1.94M Seed Funding led by East Ventures

JAKARTA (TheInsiderStories) — AllSome Fulfillment, cross border e-commerce fulfillment for modern online sellers, has secured US$1.94 million of seed funding led by East Ventures,...

Indonesia’s Industrial and Logistics Sector Grows Rapidly in Southeast Asia

JAKARTA (TheInsiderStories) - Indonesia' industrial and logistics sector grow rapidly in Southeast Asia, driven by strong domestic trends including the e-commerce sector penetration, growth...

Indonesia to Improves Its Shipping Industry With New Blockchain

JAKARTA (TheInsiderStories) – Singapore-based block chain firm PLMP Fintech Ltd., and PT Central Distribusi Batam will participate in a multi-million logistics project in partnership...

Indonesia Chops Export Procedures to Suppress Forex Revenues

JAKARTA (TheInsiderStories) – The government chopped export procedure for natural resources to boost foreign exchange (forex) revenues and to anticipate capital outflow from the country,...

Indonesia’s Logistic-Tech Waresix Raises US$1.6M Pre-series A Funding

JAKARTA (TheInsiderStories) - Waresix, an Indonesian logistics-tech, secured US$1.6 million in Pre-series A round of funding led by East Ventures and Monk’s Hill Ventures. Also participating...

Indonesia’s Logistics Performance Remains Poor

JAKARTA (TheInsiderStories)--Indonesia jumped 17 positions in the World Bank's Logistics Performance Index (LPI) to 46th out of 168 countries in 2018 from 63rd in...

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...

Policy Review: Indonesia’s Sea Toll Continues, Logistic Business More Attractive

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo continues to encourage sea toll programs to increase export and logistics  business in Indonesia. Over the last three years, Widodo has...

Singapore’s vCargo Acquires Indonesian Integrated Logistics Player

JAKARTA (TheInsiderStories) - Singapore's vCargo Cloud Pte. Ltd (VCC) has announced that it will acquire 60 percent stake in Indonesian integrated logistics player PT Gatotkaca...

Phi Group, Smartway, Local Firm Set Up Logistical and Payment Solutions...

JAKARTA (TheInsiderStories) - PHI Group, Inc., (OTCQB:PHIL), announced has signed a Joint Business Cooperation (JBC) Agreement with an Indonesia firm PT Mega Kencana Persada...

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...

Theo Lekatompessy: From the Losing Side to a Winning Team

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...

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...