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Desk Editor Insider

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Japan’s Downside Revision to Q3 Real GDP May Indicate Slower Growth in 2018

Jakarta (TheInsiderStories) - Japan’s real GDP growth in the third quarter (Q3) was revised down to a contraction of 0.6 percent quarter to quarter (q/q, or 2.5 percent q/q annualized) from the initial estimate of...

China’s CPI Falls on Lower Vegetable and Oil Prices in November

JAKARTA (TheInsiderStories) - According to the National Bureau of Statistics, China's consumer price index (CPI) increased by 2.2 percent year on year (y/y) in November, 0.3 percentage point lower than the previous month. Food prices contributed...

Taiwanese Pegatron Moves Factory to Indonesia as Trade War Bites

JAKARTA (TheInsiderStories) — The ongoing trade war between the United States (US) and China has impacted Taiwanese Pegatron Corp., who have decided to move one of it's unit factories to Indonesia. Ist subsidiary, Chinese' iPhone and...

Income of Indonesian Life Insurance Slowing Down in 3Q 2018

JAKARTA (TheInsiderStories) - The Indonesian Life Insurance Association noted that total revenue from life insurance in the third quarter (3Q) of 2018 slowed 15.5 percent to Rp149.87 trillion (US$10.33 billion) compared to the same...

Indonesian Forex Reserves Slightly Up to US$117.2B in November

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) has noted that Indonesia's foreign exchange (forex) reserves stood at US$117.2 billion in November, slightly up compared to October at $115.2 billion. The reserves position was equivalent to 6.5...

Insight: Widodo-Amin’s Common Platforms for “Indonesia Maju”

JAKARTA (TISIntel) – The political temperature is rising ahead of the Presidential Election contest which will take place on April 17, 2019, four months from now. The war of narratives between the two camps...

Indonesia to Allows Foreigner Invest in Aviation Sector

JAKARTA (TheInsiderStories) - Indonesian government welcome foreigner to invest in the aviation sector to help the country's tourism program. The policy also aims to fulfill service availability for consumers based on safety, security, and flight...

Indonesia’s Bank Jabar Will Gain Capital From Private Placement

JAKARTA (TheInsiderStories) - Regional lender, PT Bank Jawa Barat and Banten Tbk (IDX: BJBR) will gain capital around Rp684.19 billion (US$47.19 million) via private placement program. The planned its expecting to get an approval...

Moody’s: Banks’s Creditworthiness Remain Stable Globally in 2019

JAKARTA (TheInsiderStories) - Solid, though decelerating, global economic growth will continue to support banks' creditworthiness in 2019, says Moody's Investors Service in a report published today (12/06). Geopolitical and domestic risks, however, pose the greatest source of uncertainty...

Indonesia Sets Palm Oil Levy Zero to US$50 a Ton

JAKARTA (TheInsiderStories) - Indonesian government to implement zero export levy for palm oil products, if the prices below US$570 a ton, said Ministry of Finance (MoF) on Tuesday (12/04). The higher levy set at $50 a ton if...