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Jakarta
Tuesday, July 17, 2018
JAKARTA (TheInsiderStories) - Total smartphone shipments in the emerging Southeast Asia (SEA) region recorded approximately 100 million units in 2017, declining by less than 1% Year-over-Year (YoY), International Data Corporation (IDC) reported. IDC categorizes Indonesia, Malaysia, Myanmar, Philippines, Thailand, and Vietnam as the emerging markets in SEA. Myanmar and Philippines were...
JAKARTA (TheInsiderStories) - The Organization of the Petroleum Exporting Countries (OPEC) has forecast that the global oil prices will continue to remain stable in 2018. Global oil prices could recover to around US$70 per barrel following the cuts. Currently, the global oil prices of West Texas Intermediate were recorded at $63.31...
JAKARTA (TheInsiderStories) - The Financial Services Authority reported banking credits in January 2018 grew by 7.40 per cent year-on-year (yoy), slower than same period last year of 8.24 per cent, driven by sluggish demand in mining and agricultural sector. In terms of fundraising, banking third-party funds grew by 8.36 percent (yoy). However,...
JAKARTA (TheInsiderStories) - Indonesia's four-wheel car manufacturers face a menace in exports following a new regulation from Vietnam, which is poised to build its own automotive industry. Vietnam issued in November Decree No. 116/2017/ND-CP on car manufacturing, assembly, importation and warranty offering. Car importers in Vietnam are now required to obtain...
JAKARTA (TheInsiderStories) - The stability of food prices in recent years has aided the government's drive to reduce poverty rate, according to the Statistics Indonesia. A recent report shows that the poverty and income inequality rates in Indonesia in September 2017 fell from 2016, largely owing to efforts to control...
JAKARTA (TheInsiderStories) - Indonesian Express Delivery Companies Association estimate that logistic business growth in 2018 will reach 15 per cent level, similar to last year's growth. The association's Chairman Mohamad Feriadi said there are a number of factors that the business growth this year could not grow stronger than last year. Feriadi, who...
JAKARTA (TheInsiderStories) - The Indonesian currency rupiah declined on the first trading day of the March after finishing the month of February with losses. The rupiah also tracked the declines of regional currencies in the previous session. Based on the Bloomberg Dollar Index, the Indonesian rupiah depreciated by 0.72 per cent to...
JAKARTA (TheInsiderStories) – The sharing economy continues to expand, necessitating evolution of traditional financial institution business models, particularly with digital payment systems. Today, blockchain is the world's leading software platform for digital assets, offering the largest production platform in the world with new technology to build a radically better financial...
JAKARTA (TheInsiderStories) - President Joko Widodo estimates that Indonesia's economic value could reach US$ 2 trillion in the next 14 years, or by 2032. As reflected by the  nation’s Gross Domestic Product (GDP), this may be achieved if Indonesia's economic growth is consistent at 5~6 per cent per year. Indonesia's nominal...
JAKARTA (TheInsiderStories) -  U.S miner Freeport Mcmoran Inc. (NYSE: FCX) prepared capital expenditure US$2.1 Billion in this year to develop project in Indonesia and other countries. The company need up to $20 billion to develop Grasberg gold and copper mine in Papua province until 2031. Based on his presentation in one...

Latest article

Political Review: Subianto to Alliances With SBY in 2019 Presidential Election?

JAKARTA (TheInsiderStories) - Ahead of the registration of presidential and vice presidential candidates on August 4-10, the name continues to emerge and more difficult to predict....

Morning Briefing: Prabowo Bags Presidential Candidates from Three Parties, Widodo Pocketed VP Names

JAKARTA (TheInsiderStories) - Good morning. The election of presidential and vice president (VP) candidates of the 14 parties that participated in the 2019 election is...

Thailand’s SCG Invest US$22M in Indonesia’s Mitra10 Operator

JAKARTA (TheInsiderStories) - Siam Cement Group (SCG), one of the leading business conglomerates in Southeast Asian become a strategic shareholder in Indonesia's PT Catur Sentosa Tbk...

Moody’s Assigns First-time B2 Rating to Sentul City

JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a first-time B2 corporate family rating (CFR) to PT Sentul City Tbk (IDX: BKSL). The outlook on the rating is...

Indonesia’s Sarana Menara Allocates US$104M to Buyback 5% Shares

JAKARTA (TheInsiderStories)--Publicly listed tower operator PT Sarana Menara Nusantara Tbk (IDX: TOWR) plans to allocate Rp1.5 trillion (US$104.158 million) to buyback its 5 per...

Indonesia’s Trade Minister to Visits U.S on Trade War Dispute

JAKARTA (TheInsiderStories) - Following the United States's (U.S) threatened on Indonesian export, Trade Minister Enggartiasto Lukita said to visit United States (U.S) on July 21-28,...