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Japan’s current-account surplus narrows in November 2017; ongoing growth in external demand, primary income...

By Harumi Taguchi, Principal Economist, IHS Markit Key Points: Japan’s current-account surplus narrowed by 5.6% year on year (y/y) to JPY1.3 trillion (USD12.1 billion) on a non-seasonally adjusted basis in November 2017. It also contracted...

Bank Indonesia to Open Branch in Beijing

JAKARTA (TheInsiderStories) - In recognition of the enormous economic potential of China, as well as facing the challenges it presents with regard to an unpredictably shifting global economic landscape, Bank Indonesia, Indonesia’s central bank,...

Morning Briefs – Jan 12

JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: Indonesia Hopes to Finalize Freeport Contract Talks by June Indonesia hopes to finalize contract talks with Freeport McMoRan Inc over...

Awaiting President Widodo’s Final Cabinet Reshuffle

JAKARTA (TheInsiderStories) – President Joko Widodo may appoint a new Minister for Social Affairs, replacing Khofifah Indar Parawangsa, who has reportedly tendered her resignation after deciding to run for East Java governor in this...

Indonesia, Japan Agree to Beef Up Cooperation in Maritime Area

JAKARTA (TheInsiderStories) – The Indonesian and Japanese governments have reached an agreement to strengthen cooperation in maritime-related sectors, marking the 60th anniversary of the two countries diplomatic relations. The Coordinating Ministry for Maritime Affairs said...

Dubai Port, Pelindo III Terminates Strategic Partnership in TPS

JAKARTA (TheInsiderStories) – PT Pelabuhan Indonesia III (Pelindo III), a state-owned port operator and DP World Limited (Dubai Port) agreed to sign a conditional sale and purchase agreement (CSPA) for 49 per cent shares...

Government to Create New Fiscal Incentives to Attract Investors

JAKARTA (TheInsiderStories) — The Indonesian government is considering ways to offer novel fiscal incentives to investors, as those provided earlier appear to have failed to attract much interest on the part of investors and other...

Morning Briefs – Jan. 11

JAKARTA (TheInsiderStories) - Good morning. Followings are some relevant news that might help your business decisions today: KML Food to List Shares in IDX PT Kelola Mina Laut (KML Food), a fast food processed seafood company, is...

Emtek Seeks US$362 Million from Rights Issue

JAKARTA (TheInsiderStories) - Indonesian media group, PT Elang Mahkota Technology Tbk (IDX: EMTK), hoping to get fresh funds of around Rp 4.86 trillion (US$362.69 million) from the issuance of 564 million new shares or...

The Rise of Sharing Economy, Bright Moment for Big Data Centers

JAKARTA (TheInsiderStories) - The emergence of a number of regulations in various sectors of economic activity over the last ten years requiring companies operating in Indonesia to store data in the country has encouraged...