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Jakarta
Monday, September 24, 2018
JAKARTA (TheInsiderStories)--The oil price touched its lowest level in seven weeks after the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers sought to raise output. Brent Crude dropped by 1.44 points or 1.88 per cent to US$75 per barrel at 12.28, while WTI Crude Oil decreased by...
JAKARTA (TheInsiderStories) - Jakarta Composite Index (JCI) opened higher on Monday (28/5) after newly appointed Bank Indonesia Governor Perry Warjiyo reaffirmed the likelihood of second hike in the key rate after the first hike since November 2014. BI is expected to make good on its promise to end its expansionary monetary...
JAKARTA (TheInsiderStories) - Indonesian state-owned fully integrated rolling stock manufacturer PT Industri Kereta Api (INKA) says it wants to strengthen its foothold in Southeast Asia by participating in the many railway mega projects in Thailand and other countries. INKA itself has a target to be able to control the carrier market...
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) expects the Indonesian economy to expand by 5.15 per cent in second quarter this year higher than first quarter 5.06 per cent, on the back of strong commodity prices and fiscal stimulus policies aimed to boost consumption during religious holiday in mid-year. Newly appointed...
JAKARTA (TheInsiderStories)— The Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan on Friday (25/04) said China Development Bank has offered loans to finance palm oil replanting program for smallholders. The low-interest rate loan was offered by the Chinese Prime Minister Li Keqiang when visited Indonesia in early May. In the...
JAKARTA (TheInsiderStories)—Indonesia's power industry adapt to the latest technology advancements to play its strategic role in Industry 4.0. Many countries have developed strategies to capitalize technology to catch up in Industry 4.0, that refers to process automation and data exchange that has prospects for a greater use in manufacturing. In...
JAKARTA (TheInsiderStories) - Indonesia`s exports of palm oil and derivatives dropped in the first quarter of 2018 compared to same period last year according to the Indonesian Association of Palm Oil Companies (GAPKI). Exports of crude palm oil and biodiesel and oleochemicals dropped to 7.84 million tons in the first three...
JAKARTA (TheInsiderStories) - Indonesia passed a new law Friday (25/5) that will give police more power to take pre-emptive action against terrorism suspects in the wake of the country’s deadliest Islamist attacks in years. The bill had been stalled for almost two years as parliament wrangled over details, including how to...
JAKARTA (TheInsiderStories)--US President Donald Trump cancelled a meeting with the North Korea leader Kim Jong Un. The meeting, scheduled for June 12 in Singapore, is intended to detract the Pyongyang's nuclear threat. The decision is taken after North Korea detonated explosives to destroy tunnels and buildings at the nuclear site in...
JAKARTA (TheInsiderStories)-- The Ministry Finance (MoF) of Indonesia has issued Samurai Bonds of ¥100 billion (US$912 million) on Thursday (24/5), equal to the issuance of last year, said one government official. The notes consists of four series RlJPY0521 has maturity dates May 31, 2021; RlJPY0523 maturing May 31, 2023; RlJPY0525 maturing May...

Latest article

OPEC Sees Global Oil Demands Declining Until 2023

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) predicts the demand for world oil until 2023 will decline even though energy demand is...

Indonesia Invites More Investment from Singapore in Kendal Industrial Park

JAKARTA (TheInsiderStories) - Indonesia's Minister of Industry Airlangga Hartarto invited Singapore investors to invest more in the Kendal Industrial Park (KIP) in Central Java. This was conveyed...

US’s Amazon Eyes Indonesian Market, Prepares Investment US$965M

JAKARTA (TheInsiderStories) - Amazon, an American electronic commerce and cloud computing company (NASDAQ: AMZN), aims to invest Rp14 trillion (US$965.52 million) in ten years period to...

Italian Eni, Pertamina Explores to Develop Green Energy in Indonesia

JAKARTA (TheInsiderStories) - Eni S.p.A, an Italian multinational oil and gas company signed an agreement with Indonesia's energy producer PT Pertamina to explore oil and gas downstream...

Widodo-Amin Got Number 1, Subianto-Uno Number 2 for Indonesia’s 2019 Presidential Election

JAKARTA (TheInsiderStories) - The campaign period for the 2019 General and Presidential Election officially started on Sunday (23/09) attending by all presidential candidates and parties. The...

Weekly Briefing: Election Campaign Kicks Off with a Touch of Drama

JAKARTA (TheInsiderStories) - Good morning. The campaign period for the 2019 General and Presidential Election officially started on Sunday (23/09), with the Demokrat Party from the...