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Jakarta
Thursday, June 21, 2018
JAKARTA (TheInsiderStories) - European Union (EU) softened its stance on the use of palm oil among its member countries starting 2030 from earlier proposed a ban by 2021. EU have the reason on the proposal. It said, the commission wants the EU to lead the clean energy transition. For this...
JAKARTA (TheInsiderStories) - A week after Singapore Summit, North Korean leader Kim Jong Un meet Xi Jinping, Chinese president met in Beijing on June 19. The two leaders had a candid and in-depth exchange of views on the current development of China and North Korearelations and the situation on the Korean...
JAKARTA (TheInsiderStories) - The escalation of trade war between the United States (U.S) and China rocked global stock markets. Yesterday, three major indices on Wall Street and European market closed down. Again, U.S's President Donald Trump threatened to impose an additional 10 percent import tariff on other Chinese goods worth...
JAKARTA (TheInsiderStories) - Consortium Japan's Chiyoda Corp., and local firm PT Synergy Engineering announced has been won a front-end engineering design (Pre-FEED) contract by INPEX Corp., for the Subsea Umbilicals Risers and Flowlines and Gas Export Pipeline facilities of the Abadi LNG Project in Indonesia. Pre-FEED will be an important...
JAKARTA (TheInsiderStories) - South Korean company LS Cable & System and local conglomeration company Artha Graha Group (AG Group) through its unit PT Artha Metal Sinergi to construct an electric cable factory in West Karawang, West Java. LS Cable and AG Group signed the agreement at the Indonesian Embassy in Seoul...
JAKARTA (TheInsiderStories)—Industry Minister Airlangga Hartarto on Tuesday (19/08) expressed confidence that the election will drive manufacturing activities that eventually boost economic growth in the third quarter of 2018. The manufacturing sectors that will be positively affected by-elections are the food and beverages, textile, footwear, and printing industry. “Such performance surge will raise economic...
JAKARTA (TheInsiderStories) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance Australia Group Ltd., (IAG) which predominantly comprises of Safety Insurance Public Company Limited in Thailand. President and Group CEO Tokio Marine Tsuyoshi Nagano said in a...
JAKARTA (TheInsiderStories) - Japan’s trade balance turned out a deficit of JPY578 billion (US$ 5.2 billion) in May on a non-seasonally adjusted basis, a deficit 1.8 times larger than a year ago. On a seasonally-adjusted basis, the trade balance showed a deficit of JPY296 billion, which follows two consecutive months...
JAKARTA (TheInsiderStories) - Asian stock markets extended losses today dragged of a trade war rebounded and weakening of oil prices. In the local market Indonesian government announced toll tariff hike in Jakarta Outer Ring Roads (JORR) starting June, 20. This morning, Japan's Nikkei 225 index lost 0.49 percent, the Kospi index fell 0.22...
JAKARTA (TheInsiderStories) - United Kingdom’s Andalas Energy and Power PLC (LON:ADL) looking the potential purchase of an interest in an oil and gas asset in Indonesia, said the company in a statement on June 15. One of the oil & gas assets the company looking for is  the Bunga Mas PSC. Bunga Mas PSC...

Latest article

Energy Policy : OPEC Meeting May End Without Agreement

JAKARTA (TheInsiderStories) - The meeting of Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Switzerland may closed without an agreement amidst the divide opinion...

Monetary Policy: BI Rate Will Rises Again Due to Global Pressures

JAKARTA (TheInsiderStories)— Bank Indonesia (BI) has surprised markets by holding an unscheduled meeting on May 30 and deciding to hike interest rates by 25 basis...

Rabobank: Bye Bye Palm Biodiesel?

JAKARTA (TheInsiderStories) - A potential ban on palm oil in European Union (EU) biodiesel would mean Indonesia and Malaysia need to find alternative crude...

EU Extends Palm Oil Ban from 2021 to 2030

JAKARTA (TheInsiderStories) - European Union (EU) softened its stance on the use of palm oil among its member countries starting 2030 from earlier proposed...

Policy Review: The Economic Impact of the U.S, North Korea Summit

JAKARTA (TheInsiderStories) - A week after Singapore Summit, North Korean leader Kim Jong Un meet Xi Jinping, Chinese president met in Beijing on June 19. The...

Market Update: U.S, China Trade War Still Rocked Global Market

JAKARTA (TheInsiderStories) - The escalation of trade war between the United States (U.S) and China rocked global stock markets. Yesterday, three major indices on...