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Fauzul Muna

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Before joining The Insider Stories as an editor, Muna was a journalist for macroeconomics and energy at Bisnis Indonesia. She received a Master of Science in International Development from The University of Manchester and bachelor degree in Social Development and Welfare from Universitas Gadjah Mada.

Nasution: Investment to Grow 7% as Presidential Candidates Revealed

JAKARTA (TheInsiderStories)--Indonesia's investment will grow above 7 percent growth in the second semester of this year as the presidential candidates nominations cleared uncertainties for investors, said Coordinating Minister for Economic Affairs Darmin Nasution on Friday...

Indonesia’s Investment Board Offers $13.1B Infrastructure Projects to China

JAKARTA (TheInsiderStories)--Indonesia's Investment Coordinating Board offered US$13.1 billion with a public-private partnership scheme to China. Investment Coordinating Board's Deputy for Investment Planning Tamba P. Hutapea said on Friday (10/9) in a press release that the offered...

Rupiah Depreciation Hits Indonesia’s Food & Beverages Industries

JAKARTA (TheInsiderStories)--Food and beverage industry sees its production cost rising by 3-5 percent due to rupiah depreciation against US dollar, said Chairman of Indonesian Food and Beverage Association Adhi S. Lukman on Thursday (9/8). Adhi said that...

Pertamina Officially Takes Over Sanga-Sanga Oil & Gas Block

JAKARTA (TheInsiderStories)--Indonesia's state-owned oil and gas company PT Pertamina (Persero) officially taken over Sanga-Sanga oil and gas block from Vico Indonesia and will integrate its operation with Mahakam block. Pertamina's Senior Vice President Upstream Strategic Planning,...

U.S Seeks $350M in Trade Sanction Against Indonesia

JAKARTA (TheInsiderStories)--The United States (U.S) has urged World Trade Organization (WTO) to impose an annual sanction on Indonesia over trade disputes that cost US industries of US$350 billion in 2017. The U.S considers Indonesia is...

IHS Markit: Improved Trade Balance Lifts Japan’s Current-Account Surplus in June

JAKARTA (TheInsiderStories)--Improved trade balance lifted Japan's current-account surplus in June 2018, IHS Markit reported in a press release on Wednesday (8/8). Japan's current account surplus rose 27.1% year on year (year on year/yoy) to JPY1.7...

Moody’s Upgrades Indonesian Banking System to Stable

JAKARTA (TheInsiderStories)--Moody's Investors Service has changed its outlook for the Indonesian banking system to stable from positive following the rating upgrade of the sovereign and many rated banks during April-June 2018. Moody's Vice President and...

Indonesia’s Manufacturing Sector Grows Below Target in First Half

JAKARTA (TheInsiderStories)--Indonesia's manufacturing sector in the first semester this year grew below 2018 target, making it harder to reach Making Indonesia 4.0 target of 25 percent contribution to the gross domestic product (GDP) by...

Political Cycle and Rupiah Depreciation Blamed for Low Investment in Q2

JAKARTA (TheInsiderStories)--Low investment in the second quarter of this year was caused by political cycle and rupiah depreciation against US dollar, Head of The Investment Coordinating Board Thomas Lembong said on Tuesday (7/8). Indonesia recorded...

Two Indonesia’s Companies Go IPO, MD Pictures Listed

JAKARTA (TheInsiderStories)--Indonesia's ethanol producer PT Madusari Murni Indah and digital media company PT Arkadia Digital Media Tbk eye Rp357 billion (US$25 million) from initial public offering (IPO) in the third quarter of 2018. So far...