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Wednesday, October 24, 2018
By Brian Jackson, China Economist, IHS Markit   Key Points: Chinese industrial production grew 6.5% in April, a deceleration compared to 7.6% in March or 6.8% during the first quarter. The slowdown was broadly felt in manufacturing and utilities, which each decelerated by more than a percentage point; mining output contract at...

Morning Briefs – Jan 23

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Taspen Will Increase Direct Investment in Infrastructure Projects State pension fund company PT Taspen (Persero) raised its direct investment portion this year, particularly in infrastructure projects, from 1 per cent to 3 per cent. President...
JAKARTA (TheInsiderStories) - Citilink, budget airline of flag carrier PT Garuda Indonesia Tbk (IDX:GIAA) plans to add its flights to China cities this year both for regular and charter flights.  President Director of Citilink Juliandra Nurtjahjo said Citilink plans to add regular flight services to six destinations from three cities...
JAKARTA (TheInsiderStories) - Indonesian shares are expected to move sideways today, as players are likely to refrain from making aggressive moves due to lack of strong fresh leads. Desmond Wira, a market analyst projected the JCI to move sideways today, with the market is likely to trade above support level of...
JAKARTA (TheInsiderStories) – Indonesian business prospect in the second semester (2H) of 2017 more promising forced by the government's massive national development program . In the 1H of the year, profitability of publicly listed company rose 38.3 percent compared to same period in 2016. Net profit of listed companies on...
TIS - Intelligence - Regulating a Ride-Hailing Business Constructively and Effectively
JAKARTA (TheInsiderStories) - Indonesian Government is currently drafting the new regulation on the change of ride-hailing companies into public transportations. The new regulation its expected comes out within two months from now or around May. Recently, Transportation Minister Budi Karya Sumadi has said  Grab, Go-Jek, and others to get a license from his...
JAKARTA (TheInsiderStories) - Following a marginal deterioration in December, Indonesia’s manufacturing economy broadly stabilized in January. While output was relatively stable at the start of 2018, new orders and employment fell only slightly. At the same time, input prices continued to rise sharply, but firms were restricted in their ability...
JAKARTA (TheInsiderStories) – Good morning; here we provide several pieces of important news that might help your business decisions today: Fed's Yellen keeps eye on inflation – cheers economy While the U.S. economy remains strong, the strength of the labor market calls for continued gradual increases in interest rates – despite subdued...
JAKARTA (TheInsiderStories) – The Panel of Judges at the North Jakarta District Court has sentenced Jakarta Governor Basuki T. Purnama two years in jail over alleged blasphemy case. Following the decision, Deputy Jakarta Governor Djarot Saiful Hidayat will assume the post as Acting Governor of Jakarta. “As I am one package...
JAKARTA (TheInsiderStories) – Good morning, we provide several important news that migh help your business decision today: JCI Almost Hit 6,000 Last Week Indonesia Stock Exchange (IDX) has achieved record heights on the Jakarta Composite Index (JCI) throughout the week, ending up 0.18 percent to 5,900.85 points from 5,911.70 points at the...

Latest article

Former Minister Reported Allegations of Import Corruption by Indonesian Gov’t Officials

JAKARTA (TheInsiderStories) - Former Indonesian Coordinating Minister for Maritime Affairs Rizal Ramli reported eight alleged corruption related to food imports to the Corruption Eradication Commission (CEC). Deputy...

BI Holds Key Rate in October Meeting to Maintains Economic Stability

JAKARTA (TheInsiderStories) - Indonesia’s Central Bank (BI) kept its reference seven-day reverse repurchase rate (BI-7DRRR) at 5.75 percent to maintain economic stability, said Bank Indonesia senior deputy governor Mirza...

Indonesian PLN Collects US$1.58B from Issuance of Dual Currency Bonds

JAKARTA (TheInsiderStories) - PT Perusahaan Listrik Negara (PLN), an Indonesian power producer, announced has issued dual currencies bond in US dollar and Euro in this month....

Two Indonesia’s Oil dan Gas Production Areas Sold in Auction

JAKARTA (TheInsiderStories) - Indonesian Government’s auction on oil and gas working areas bore few fruits. Two working areas, South Jambi B and Banyumas, sold among six offered...

Commonwealth Sell 80% Indonesian Unit to FWD Group for US$426M

JAKARTA (TheInsiderStories) - Australia's Commonwealth Bank (CB) today announced the sale of its 80 percent interest in its Indonesian life insurance business, PT Commonwealth Life (CL),...

Equity Crowdfunding Rule for Indonesia’s FinTech Releases This Year

BOGOR (TheInsiderStories) - Indonesia's Financial Services Authority (FSA) will release equity crowdfunding regulation, which can be a source of funding alternative for financial technology (FinTech) start-up...