Tuesday, October 24, 2017

IMF: Asia-Pasific growth to rise by 5.5% in 2017, driver in global growth

  JAKARTA (TheInsiderStories) -The Asia and Pacific region continues to deliver strong growth, in the face of widespread concerns about growing protectionism, a rapidly aging society, and slow productivity growth,...

Djarot, to be acting Jakarta governor after Basuki sentenced to 2 years in jail...

JAKARTA (TheInsiderStories) – The Panel of Judges at the North Jakarta District Court has sentenced Jakarta Governor Basuki T. Purnama two years in jail over alleged blasphemy case. Following the...

The Insider Stories Morning Notes – JCI likely to strengthen on positive economic data

JAKARTA (TheInsiderStories) – Indonesian shares are expected to trade higher today, extending yesterday’s gains, on positive economic data, including steady economic growth in the first quarter and higher foreign...

Indonesia’s beverages industry records negative growth in Q1

JAKARTA TheInsiderStories) -The Indonesian Association of Beverages Industry (ASRIM) revealed that the beverage industry experienced negative growth in the first quarter of 2017 because the weakening of consumers' purchasing power. Based...

Indonesia forex reserves increase in April to $123.2B

JAKARTA (TheInsiderStories) - Indonesia’s official foreign exchange reserves have increased to US$123.2 billion in April 2017, from previous month of US$121.8 billion, partly driven by improved external trade, the central bank,...

Astra International unit raises stakes in Cipali toll road to 45%

JAKARTA (TheInsiderStories) - PT Astratel Nusantara, a subsidiary of PT Astra International Tbk (IDX: ASII), has increased its share ownership in the Cikopo-Palimanan (Cipali) toll road to 45 percent, strengthening...

Vietnam’s Tiger Economy Still an Emerging Markets Star

Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: The Vietnamese economy remains one of the world’s brightest emerging market stars, as rapid industrialization continues to transform the economy Vietnam’s...

Mandiri to issue zero coupon bonds

JAKARTA (TheInsiderStories) - PT Bank Mandiri Tbk (IDX:BMRI) announced its plan to issue bonds, consisting of coupon bond and zero coupon bonds as part of its Sustainable Bond I...

The Insider Stories Morning Notes – JCI expected to strengthen on stable economic growth

JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade higher today driven by ongoing capital inflow as well as stable economic growth. As revealed by the Central Bureau of...

BUMI targets sales volume to rise by 7%, coal price up 30% in 2017

JAKARTA (TheInsiderStories) - PT Bumi Resources Tbk (IDX:BUMI), the country's largest coal producer targets coal sales volume rise of 5-7 percent for 2017 and coal price increase of 30 percent...

Latest article

State Budget Review: Incentives Yet to Lift Manufacturing Sector

JAKARTA (TheInsiderStories) - A various incentive packages granted by the government has yet to translate to higher manufacturing activity and reverse the pattern on what many...

State Budget Review: Need Creativity on Revenue’s Sources

JAKARTA (TheInsiderStories) - Over reliance on tax revenue to finance state budget raises question on the President Joko Widodo’s administration to achieve higher economic growth and...

Executive Views: AP II Support Domestic Tourism Expansion

JAKARTA (TheInsiderStories) - The Government of Indonesia has announced 10 new destination brands, in support of the Wonderful Indonesia campaign, in the attempt to...

Qatari Nebras Power, PLN, PJB Signs US$1 Billion Projects

JAKARTA (TheInsiderStories) - Qatari Nebras Power Q.P.S.C., in collaboration with state-owned power producer PT Perusahaan Listrik Negara (PLN) and its unit PT Pembangkit Jawa Bali (PJB)...

Daily Business Briefing – Oct. 24

JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: PP Presisi Seeks Rp2.3 trillion from...

BI to Start Euro Hedging Transaction Oct. 25

JAKARTA (TheInsiderStories) - Indonesia’s central bank (BI) has announced it will permit hedging transactions in Euros, starting on Wednesday, Oct. 25, to support efforts to broaden the use...