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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.

Indonesia to Allow Cryptocurrencies as Futures Commodity

JAKARTA (TheInsiderStories)—Indonesia government will allow cryptocurrencies as futures commodities that can be traded in the stock exchange, said the Market Supervision and Development Bureau of the Trade Ministry’s Futures Exchange Supervisory Board Dharma Yoga...

Government, Lawmakers Agree 5.2%-5.6% GDP Growth

JAKARTA (TheInsiderStories)—The government and lawmakers has approved the macroeconomic assumptions in the 2019's State budget with a lower economic growth target of 5.2 per cent to 5.6 per cent. The initial economic growth target proposed...

BI Pushes Developed Countries to Synchronize Monetary Policy

JAKARTA (TheInsiderStories)—Bank Indonesia (BI) will push the developed countries to synchronize their monetary policy in order to minimalize the impacts to the developing countries. BI governor Perry Warjiyo on Monday (4/6) said will bring the...

Indonesia’s PMI Touched Highest Level Since June 2016

JAKARTA (TheInsiderStories)—Indonesia’s Purchasing Managers Index (PMI) in May 2018 was at 51.7, the highest level since June 2016, Nikkei reported. It was slightly higher than the PMI in April 2018 that reached 51.6. PMI is a leading indicator...

Indonesia’s Inflation at 0.21% in May 2018

JAKARTA (TheInsiderStories)--Indonesia recorded low inflation of 0.21 per cent on-year in May 2018, reflecting low people's purchasing power. The consumer price index (CPI) recorded 132.99 in May 2018. While, inflation recorded 1.3 per cent in...

Indonesia Asks Japan to Lower Fisheries Import Duties

JAKARTA (TheInsiderStories)--Indonesia asked Japan to lower or remove fisheries import duties through Indonesia-Japan Economic Partnership Agreement (IJEPA) scheme, said Maritime Affairs and Fisheries Minister Susi Pudjiastuti in a meeting with Japanese Foreign Minister Taro Kono...

Bank Indonesia Sees 5.2%-5.6% GDP Growth in 2019

JAKARTA (TheInsiderStories)—Bank Indonesia (BI) estimated economic growth in the range of 5.2 per cent to 5.6 per cent in 2019, lower than government’s target of 5.4 per cent to 5.8 per cent, said Bank...

Bank Permata Sells 25% Share in Astra Sedaya Finance

JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (IDX: BNLI) sold 25 per cent stake in PT Astra Sedaya Finance (ASF) to PT Astra International Tbk (IDX: ASII) and PT Sedaya Multi Investama (SMI) for Rp2.8 trillion. In...

Market Update: BI Rate Hikes Could Dent the Economy

JAKARTA (TheInsiderStories)—Bank Indonesia's (BI) rate hike is a stop-gap measure to contain the rupiah from falling further but should not be treated as the only solution to push the economy forward. Rupiah strengthened today after the central...

Policy Review: Weak Electricity Demands May Hold Power Investments

JAKARTA (TheInsiderStories)-- Weak electricity demand potentially disrupts investment in power sector. The electricity consumption reflects the condition of the economic activity. Every single digit of economic growth is equal to electricity consumption growth at twice...