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Sunday, July 22, 2018
Singapore, June 08, 2017 -- Moody's Investors Service has withdrawn the B2 corporate family rating of Energi Mega Persada Tbk (P.T.) (EMP) due to insufficient information. RATINGS RATIONALE Moody's has withdrawn the rating because it believes it has insufficient or otherwise inadequate information to support the maintenance of the rating. EMP is an independent oil &...
JAKARTA (TheInsiderStories) - The Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively, said the central bank in a press statement. The Governing...
JAKARTA (TheInsiderStories) - Indonesia’s foreign exchange (forex) reserve stood at US$124.95 billion as of end-May 2017, higher than the end of April 2017 at US$123.25 billion thanks to foreign exchange earning from tax revenues, oil and gas export proceeds, also BI's foreign exchange bills. "The receipts surpassed the uses of foreign exchange for repayments...
JAKARTA (TheInsiderStories) - Wimboh Santoso elected as the Chairman of the Board Commissioners of the Financial Services Authority (OJK) for the period of 2017-2022 replacing Muliaman Hadad. Last night, Wimboh defeated Sigit Pramono in the voting process at the House of Representatives (DPR). Wimboh started his bureaucrats career in Bank Indonesia as a banking...
By Harumi Taguchi, principal economist at IHS Markit   Key Points: Japan’s real GDP growth for the first quarter (Q1) of 2017 was revised down to 0.3% quarter to quarter (q/q), or 1.0% q/q annualized, from 0.5% q/q or 2.2% q/q annualized. The surprisingly softer growth was mainly due to the...
By Brian Jackson, China Economist, IHS Markit Key Points: China's merchandise exports grew 8.7% in May, compared to 8.0% in April, according to data from the General Administration of Customs. Modestly faster export growth was mostly the result of accelerating demand in the European Union and Hong Kong, stable demand...
JAKARTA (TheInsiderStories) - Indonesian ministers offers projects with worth of billion dollars to foreign investors followed upgrading rating from Standard & Poor's and other agencies revise the country other performances. During visited the offices of three state-owned enterprises of China engaged in oil and gas in Beijing on June 7, Energy and...
JAKARTA (TheInsiderStories) - Tanjung Kelayang Special Economic Zone (SEZ) in Bangka Belitung provicne began flooded by investment worth US$1,06 million (Rp14 trillion) to build of ports, hotels and resorts, the senior official said. Coordinating Minister for Economic Affairs Darmin Nasution, Minister of Transportation Budi Karya Sumadi, Bangka Belitung Island Governor Erzaldi...
JAKARTA (TheInsiderStories) - Ministry of Finance revised the minimum balance that should be reported by the domestic taxpayers and can be requested by the Directorate General of Tax from Rp200 million to Rp1 billion, it said in a press release oN Wednesday. "Considering the data on bank accounts, tax data, including those...
JAKARTA (TheInsiderStories) - Bank Indonesia's (BI) Consumer Confidence Index (CCI) stood at 125.9 in May--the highest level since June 2000--due to confidence over current economic conditions and an upward trend in expectations, the central bank said on Wednesday. Last April, the consumer index was 123.7. According to its components, the rise in CCI was...

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Morning Briefing: BI’s Policy Not Able to Moves the Market

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Bank Indonesia Keeps Policy Rate Unchanged

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