Sunday, October 22, 2017

Indonesia September Trade Balance Surplus US$1.76 Billion

JAKARTA (TheInsiderStories) - Indonesia’s trade balance turned to a surplus of US$1.76 billion in September 2017, Statistics Indonesia has reported. In September 2017, exports reached $14.54 billion, down 4.51 percent on...

Moody’s: Agung Podomoro’s Reclamation Is Cleared to Proceed, a Credit Positive

by Jacintha Poh, Vice President - Senior Analyst, Corporate Finance Group On 9 October, Indonesia’s Ministry of Maritime Affairs informed PT Agung Podomoro Land Tbk (IDX: APLN, Ba3 stable) that...

IMF: 35 Members Pledge US$340 Billion to Reserves

JAKARTA (TheInsiderStories) - Twenty-five members of the International Monetary Fund (IMF) have reportedly committed a total of SDR243 billion (US$340 billion) in bilateral borrowed resources, at maximum terms, through end-2020. Total...

Daily Business Briefing – Oct. 16

JAKARTA (TheInsiderStories) – Good morning; here we provide several pieces of important news that might help your business decisions today: Fed's Yellen keeps eye on inflation – cheers economy While the U.S....

Nervous ECB’s Draghi Urges Low Post-QE Rate

JAKARTA (TheInsiderStories) - European Central Bank (ECB) President Mario Draghi has called on authorities to keep the interest rate at its current 0 per cent level to anchor expectations – even...

President Widodo’s 3rd Year: His Ambitions Face Tough Reality

JAKARTA (TheInsiderStories) - Soon after assuming the highest office in the land, President Joko Widodo got a brutal lesson in economic reality, learning the hard way that Indonesia's economic prospects are...

President Widodo’s 3rd Year: Taking Aim at Land Transport Upgrades

JAKARTA (TheInsiderStories) - The development of projects such as the Jakarta-Bandung fast train, Jabodetabek and South Sumatra Light Rail Transit, as well as Mass Rapid Transit and Bus Rapid Transit...

President Widodo’s 3rd Year: Freeport Proofs of Government Negotiation Toughness

JAKARTA (TheInsiderStories) - The Indonesian government and U.S mining giant Freeport-McMoRan Inc. are still facing off, far apart on a mutually-agreeable deal with contract renegotiation ongoing. Likely caving in to external pressure,...

Daily Business Briefing – Oct. 13

JAKARTA (TheInsiderStories) – Good morning; here we provide several pieces of important news that might help your business decisions today: Government Seeks Job Access for Indonesians in Australia The government is negotiating...

U.S Fed Split on Inflation, but See Third Rate Hike ‘Warranted’

JAKARTA (TheInsiderStories) -  Policymakers at the U.S Federal Reserve were split on the prospect of inflation, but largely in agreement on the likelihood of a third rate hike later this...

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President Widodo’s 3rd Year: Many Targets Met, Others Need to Improve 

JAKARTA (TheInsiderStories) - Joko Widodo has marked his performance as President of Indonesia for the past three years. Many of strategic initiative objectives have been met while...

President Widodo 3rd Year: Economy on Track

JAKARTA (TheInsiderStories) - The economy is doing well and now the government has put in place all the necessary policies to achieve the growth trajectory that...

Bukit Asam, PLN Signs PPA Sumsel 8 Power Plant

Jakarta (TheInsiderStories) – State-owned mining company PT Bukit Asam Tbk (IDX:PTBA) through PT Huadian Bukit Asam Power, a joint venture company with China Huadian...

PwC: Next generation of family business leaders embracing digital change, but facing hurdles

JAKARTA (TheInsiderStories) - Among the next generation of family business leaders, three in four have big plans to take their business forward. However, generational challenges persist,...

Daily Business Briefing – Oct. 20

JAKARTA (TheInsiderStories) - Good morning, here we provide several pieces of important news that might help your business decisions today: Indonesia Central Bank Holds Fast on...

Indonesian Government to Revises Online Transportation Rule

Jakarta (TheInsiderStories) - The Indonesian Government is going to launch new norm on online transportation, which aims to manage the mushrooming of online services...