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Thursday, November 15, 2018
JAKARTA (TheInsiderStories) - Chinese President Xi Jinping shouted the trade wars should be rejected because there will be “no winner” from it, he delivered the speech at the 10th BRICS summit in Johannesburg, South Africa on Wednesday (25/07). He also calling Brazil, Russia, India, China and South Africa to jointly reject...
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)--Indonesia jumped 17 positions in the World Bank's Logistics Performance Index (LPI) to 46th out of 168 countries in 2018 from 63rd in 2016 but it remains poor compared to its regional peers in Southeast Asia. Indonesia's ranking worse than its competitors in Southeast Asia namely Singapore (7th), Thailand...
JAKARTA (TheInsiderStories)--Indonesian Ministry of National Development Planning together with the National Committee on Sharia Finance is preparing a sharia economy roadmap, which could overcome the persistent current account deficit. National Planning Minister Bambang Brodjonegoro on Wednesday (25/07) in a press release said the sharia economy especially halal goods and halal...
JAKARTA (TheInsiderStories)--Indonesian government plans to remove import tariff on the yacht in an attempt to boost revenue from the tourism sector that will increase reserve exchange. Tourism Minister Arief Yahya delivered the import tariff cut plan on the yacht to the coordination meeting with the Coordinating Minister for Maritime Affairs...
JAKARTA (TheInsiderStories) - A series of decisions by the United States (U.S) to impose trade tariffs on various major trade partners, including the BRICS member countries, China, India, Russia, Brazil and South Africa, have catapulted the world towards escalating trade protectionism amidst rising retaliatory ‘tit-for-tat’ tariffs as well as non-tariff measures. According...
JAKARTA (TheInsiderStories) - The incumbent President Joko Widodo and Prabowo Subianto will race again in presidential election in 2019, repeated the 2014 presidential election battle. But this time the battle is different from 2014 because Widodo has a stronger weapon than Subianto as the ruling party. As we know, chairman of...
JAKARTA (TheInsiderStories) - Good morning. After trying to join the Joko Widodo's coalition, finally Democrat Party decided to join the Prabowo Subianto coalition. The announcement was made after the Democratic Party chairman Susilo Bambang Yudhoyono met with Gerindra Party chairman Subianto last night (24/07). But Subianto's vice president candidates still unclear. He...
JAKARTA (TheInsiderStories)--The currency war threat lodged by US President Donald Trump potentially put more pressure on the rupiah exchange rate against US dollar. The trade war threat has now escalates to the currency war threat. The currency war indication revealed by the US President Donald Trump who accused China and...
JAKARTA (TheInsiderStories)--Publicly listed's PT Bank Negara Indonesia Tbk (IDX: BBNI) give financing facility US$100 million to United State's (U.S) pulp & paper producer Cascade Pacific Pulp LLC (CPP), the lender announced on Tuesday (24/07). This is for the first time the bank has provided loans to foreign companies abroad. The financing is...

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Japan’s Real GDP Drops to 1.2% in the 3Q

JAKARTA (TheInsiderStories) - Japan’s real GDP growth turned negative in the third quarter (3Q). A rebound of economic activity is likely in the fourth quarter but...

ASEAN Agreed on Single Negotiation for South China Sea

JAKARTA (TheInsiderStories) - Today, the 33rd ASEAN Summit has officially started in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s...

Oil Prices Fell Unstoppable, Touches its Three Years Lowest Level

JAKARTA (TheInsiderStories) - Oil prices fell unstoppable on Tuesday (11/13) pressured by fears of weakening global demand and abundant supply. United States (US) oil prices in...

Morning Briefing: ASEAN Leaders Convene in Singapore

JAKARTA (TheInsiderStories) –— Good morning! The 33rd ASEAN Summit has officially started on Tuesday (13/11) in Singapore. ​During the Summit, the ASEAN Leaders are expected to...

Indonesia to Revises Negative Investment List

JAKARTA (TheInsiderStories) - Indonesian Government will revise the negative investment list to attract more investment come to the country. According to Minister of Industry Airlangga...

UOB Singapore, Grab Set Up Digital Services in ASEAN

JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services...