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Thursday, December 14, 2017
JAKARTA (TheInsiderStories) –Bank Indonesia (BI) announced on Tuesday that banks will be permitted to conduct hedging transactions in Chinese Yuan (CNY), starting Dec. 6 to support the central bank’s efforts to broaden the use of foreign currencies in the economy. Previously, BI opened Swap Hedging Transactions in Japanese Yen (JPY)...
JAKARTA (TheInsiderStories) - Indonesian government and House Representative agreed the economic growth for State Budget for 2018 in the range 5.2  to 5.6 percent, said Chairman of Commission XI Melchias Marcus Mekeng yesterday. Finance Minister Sri Mulyani Indrawati said changing the macro assumption range from the proposed government indicates the House wants...
JAKARTA (TheInsiderStories) - The Indonesian Energy and Mineral Resources Ministry has issued Ministerial Decree No. 52/2017 on oil and gas contracts, based on a ‘gross split’ scheme. This regulation becomes effective on 29 August 2017. Under Energy and Mineral Resources Ministry Regulation No. 38/2015, the government will promote three types of cooperative...
JAKARTA (TheInsiderStories) - Minister State-owned Enterprises (SOEs) Rini Soemarno has revealed, toll operator PT Jasa Marga Tbk (Persero) (IDX: JSMR), construction firm PT Wijaya Karya Tbk. (Persero) (IDX: WIKA) and power producer PT Perusahaan Listrik Negara (PLN) to issue ‘Komodo Bond’ soon. According to Rini, JSMR and WIKA would be the first two...
JAKARTA (TheInsiderStories) - The Indonesian bond market is performing well nowadays; issuance of corporate bond is higher than expected. Based on the Indonesia Bond Pricing Agency (IBPA) data, until first week of Sept. 2017, new issuance of corporate bonds reached Rp99.92 trillion. Otherwise, new issuance of Medium Term Notes (MTN) marked Rp13.54 trillion....
JAKARTA (TheInsiderStories) - The Sei Mangke Special Economic Zone (SEZ) in North Sumatera expects investments value to increase to Rp15-16 trillion in 2018, after scoring a significant amount of investments until end of 2017. As of end 2017, the Sei Mangke SEZ has attracted investment value of Rp 10.5 trillion...
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 of foreign currencies in the economy. Previously, BI opened Swap Hedging Transactions in Japanese Yen (JPY) on July 12, 2017 – but specifically for the central bank. The...
JAKARTA (TheInsiderStories) - Since launched six years ago, Indonesia finally use the Geothermal Fund Facility (GFF) for the first project Waisano region in the Flores island. The GFF was actually established in 2011 with an initial capital of Rp1 trillion (US$75.19 million) and a planned annual refinancing of US$226 million...
JAKARTA (TheInsiderStories) - The upcoming Asia Pacific Economic Cooperation (APEC) in Da Nang, Vietnam is a good opportunity for the Indonesian government to re-state bilateral free trade agreements with other organization’s members and push for Indonesia’s flagship commodity exports, in particular with countries where Indonesia is still recording trade...
by Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: China’s Q3 2017 GDP growth rate was robust, growing at 6.8% year-on-year (y/y), indicating that growth momentum only eased marginally compared to the 6.9% growth rate recorded in Q1 and Q2. On a quarter-on-quarter (q/q) basis GDP growth momentum...

Latest article

ECB, BI Keep Benchmark Rates, Signals Hold in Coming Months

JAKARTA (TheInsiderStories) - European Central Bank (ECB) and Bank Indonesia (BI) holds its benchmark rates at the current level to provide more stimulus for the company,...

The Fed Rates Hike 0.25%, Signals Three More in 2018

JAKARTA (TheInsiderStories) - U.S's Federal Reserves raising the interest rates by a quarter point to 1.5% for the third time this year and foresees three additional...

Industry Review: Indonesia Catching Up with Renewable Energy Development

JAKARTA (TheInsiderStories) - Indonesia has so far been moving at a snail’s growth in the development of renewable energy, for various reasons. However, this...

Hary Tanoe Requests IDX to Halt MNCN Stocks Trading

JAKARTA (TheInsiderStories) - Indonesian conglomerate, who is also the chairman of MNC Group Hary Tanoesoedibjo, has submitted a request to the Indonesian Stock Exchange...

World Bank Sees Indonesia GDP to Accelerate by 5.3% in 2018

JAKARTA (TheInsiderStories) - Indonesia economy continued to expand at a solid pace during the third quarter of 2017 helped by commodity tailwinds and stronger...

Golkar Support to Government Unchanged as Hartarto Takes Party Helm

JAKARTA (TheInsiderStories) - Indonesia's second largest political party, Golkar announced that the party's plenary meeting on Wednesday night (13/12) has agreed to appoint the...