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Two Indonesian Coal Gasification Projects to Operate in 2024

JAKARTA (TheInsiderStories) - Two Indonesian coal gasification projects is expecting to operate in 2024 as part the government' targets to enter the downstream project and creates...

Indonesia Loosen Income Tax for Foreign Investor

JAKARTA (TheInsiderStories) - Foreign investors get tax incentives from the government to support ease of doing business. Based on the Government Regulation Number 9 of 2021,...

Japan Will Invests US$4 in Indonesia Sovereign Wealth Fund

JAKARTA (TheInsiderStories) - Senior minister, Luhut B. Pandjaitan, announced the investment commitment from the Japan Bank for International Cooperation (JBIC) of US$4 billion for the...

Indonesia Prepares Four Incentives to Support Energy Sectors

JAKARTA (TheInsiderStories) - The Indonesian government prepares a number of incentives to boost an investment in the oil and gas sector as well as to...

Morning Briefing: Various Things To Know On Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Indonesian student and workers will hold a national strikes again today to reject the Omnibus Law for Job Creation at...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Although rejected by workers and students, President of Indonesia Joko Widodo signed the Omnibus Law for Job Creation on Monday (11/02)...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Good Morning! Its a long holiday in Indonesia and there are no transaction in the financial market until Friday. While, workers and...

Morning Briefing: Various Things to Know on Friday

JAKARTa (TheInsiderStories) - Good Morning! Students and workers are planning return to the streets again today to reject the Omnibus Law for Job Creation. Two days...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Good Morning! Indonesian parliament has agenda to submit a draft of Omnibus law for Job Creation to President Joko Widodo today. Even though...

Morgan Stanley: Job Creation Bill to Strengthens Indonesian Economy

JAKARTA (TheInsiderStories) - Global investment bank, Morgan Stanley, estimates that the Omnibus Law for Job Creation, which was officially passed by the parliament on Oct. 5,...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! Starting from the governor to the students rejecting the Omnibus Law for Job Creation and asking President Joko Widodo to drop...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - National strikes by Indonesian thousands of workers and students had protested peacefully across the archipelago at the start of a three-day national...

After Omnibus Law Passes, Indonesia Creates Sovereign Wealth Fund US$1B

JAKARTA (TheInsiderStories) - Indonesian government will form an Investment Management Institution or Sovereign Wealth Fund (SWF) with an initial capital of Rp15 trillion (US$1.013 billion), as...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Two million Indonesian workers incorporated in 32 labor union confederations stick on their plan to hold a national strikes starting today...

Indonesian Parliament Passes the “Controversial” Omnibus Law

JAKARTA (TheInsiderStories) - Indonesian government together with the House of Representatives have agreed on the omnibus law for the Job Creation. Senior economic minister, Airlangga Hartarto,...

Indonesian Workers to Holds National Strike Reject the Omnibus Law

JAKARTA (TheInsiderStories) - Dozens of the confederation and trade Unions have agreed to hold a national strikes as a form to rejection on the omnibus...

Indonesia Prepares Omnibus Law for Financial Sectors

JAKARTA (TheInsiderStories) - The Ministry of finance (MoF) prepared omnibus law for the financial sectors to strengthening the industry, the draft showed. The program is part of...

Indonesia’s SWF Body Regulates in Omnibus Law Job Creation

JAKARTA (TheInsiderStories) - The form of Sovereign Wealth Fund (SWF) body regulated at the Omnibus Law for Job Creation, it showed at the draft bill...

Indonesia’s Omnibus Law on Job Creation Submitted to Parliament Amid Criticism

JAKARTA (TheInsiderStories) - Indonesian government has sent the controversial  Omnibus Law on job creation to parliament last week, marking a labor reforms that are intended to...

Indonesia’s House Receives Tax Omnibus Law Draft

JAKARTA (TheInsiderStories) - Indonesian House of Representatives has received the most-anticipated tax omnibus law draft on Tuesday (01/28), a month behind government earlier target....

Fitch Affirms Indonesia at BBB, Growth 5.1% in 2020

JAKARTA (TheInsiderStories) - Fitch Ratings has affirmed Indonesia's long-term foreign-currency issuer default rating (IDR) at 'BBB' with a stable outlook, according to its latest...

Indonesia’s House Puts 50 Bills in Priority List

JAKARTA (TheInsiderStories) - Indonesian House of Representatives officially endorsed 50 bills to be included in the 2020 national priority legislation program in a plenary...

Indonesian Workers Rejects Planned Omnibus Law

JAKARTA (TheInsiderStories) - Thousands of Indonesian trade unions confederation gather outside the House of Representative office on Monday (01/20) to protest against government omnibus...

Indonesian Govt Submits Omnibus Law to Parliament

JAKARTA (TheInsiderStories) - Indonesian government hand over the omnibus law draft to the parliament this week to replace dozens of existing, overlapping laws with...

SWF has Potentials to Raises US$20B, says Indonesian President

JAKARTA (TheInsiderStories) - Indonesian President, Joko Widodo, says there is a potential the Sovereign Wealth Fund (SWF), an agency creating by the government to manage US$20...

Indonesian Workers to Rally over New Labor Law, Health Insurances Fee

JAKARTA (TheInsiderStories) - Indonesian Trade Unions Confederation pledge to mobilize thousands of people around the country next week to reject the government' plan to...

Morning Briefing: Trump, Xi to Signs Phase One This Month

JAKARTA (TheInsiderStories) - Good Morning! United States' (US) President Donald Trump and his counterpart from China, President Xi Jinping, will sign the "phase one" of...

Indonesia to Harmonizea 82 Laws and Thousands of Decrees

JAKARTA (TheInsiderStories) - The Indonesian government plans to hand over a revised labor and taxation law bill to the parliament by early-January 2020 as...

Indonesia to Provide Tax Holiday for Private’s Infrastructure Projects

JAKARTA (TheInsiderStories) - The Indonesian government will allow the private sector to finance the infrastructure development, as well as provide tax holiday incentives for...

Indonesian Government Proposes 15 Priority Bills in 2020

JAKARTA (TheInsiderStories) - Indonesian government proposed 15 draft bill included in the list of priority National Legislation Programs in 2020, said the minister last week....
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