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Wednesday, October 24, 2018
JAKARTA (TheInsiderStories) - United States's (U.S) President Donald Trump and European Commission (EC) President Jean-Claude Juncker has agreed to avoid trade war and to work toward zero tariff, barriers and subsidies, said the two leaders in a written statement on July 25. At the meeting in White House, Trump and...
JAKARTA (TheInsiderStories) - Good Morning. The two presidential hopefuls, incumbent Joko Widodo and challenger Prabowo Subianto, have outlined their campaign manifesto for the 2019 Presidential Election. The Widodo’s camp opened the campaign manifesto with aspirations to make ‘a developed, sovereign and independent Indonesia with strong identity and based on mutual cooperation’. From the...
JAKARTA (TheInsiderStories)--Moody's Investors Service has changed the rating outlook of PT Soechi Lines Tbk (Soechi) and Soechi Capital Pte. Ltd to negative from stable. Moody's has also affirmed the B1 corporate family rating (CFR) and B1 senior unsecured rating on the $200 million notes due 2023, issued by Soechi Capital...
JAKARTA (TheInsiderStories) - Good morning. The battle for 2019's presidential election heats up ahead the registration to General Election Commissions. Last night, President Joko Widodo and his coalition party met in Bogor State Palace while his contender Prabowo Subianto joined with his coalition met the Alumni Brotherhood 212. The meeting...
JAKARTA (TheInsiderStories) - The incumbent President Joko Widodo and presidential hopeful Prabowo Subianto will announce their running mate for 2019's presidential election today, said the two sides on Wednesday (08/08). On Friday, the candidates will list their name to General Election Commission. "We will announce tomorrow (today)," Gerindra official Ahmad Riza Patria...
JAKARTA (TheInsiderstories) - Asian shares, including shares on the Indonesian Stock Exchange, plunge on Wed. 7 on fears of U.S - Chinese trade tensions. The Jakarta Composite Index (JCI) closed down 2.028 per cent  at 6,362.975, while MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.65 per cent, and...
JAKARTA (TheInsiderStories) - Good Morning. As expected, the Federal Reserve delivered the third rate hike this year and made a statement that can be interpreted as hawkish and reinforced expectations that a fourth hike will take place in December by the majority of market participants. The world’s most influential central bank raised...
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) - United State President Donald Trump decision to terminate the participation in the Joint Comprehensive Plan of Action (JCPOA) with Iran and re-imposing sanctions lifted under the deal threatens global community. This leaves the country with no agreement, and leaves the rest of the world like the United Kingdom, France,...
JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Affairs Darmin Nasution optimist Indonesia's trade balance will improved by the end of 2018 followed the new government policy such as blended biodiesel (B20) use for all diesel-engined vehicles and other policies. Based on Statistic Indonesia's data the country's trade balance surplus US$1.74 billion in June after...

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...