JAKARTA (TheInsiderStories) - Indonesia`s foreign exchange reserves rose by US$1.7 billion to US$131.9 billion as of late January 2018 from US$130.2 billion a month earlier, according to Bank Indonesia. The increase resulted from tax and foreign exchange receipts from the government`s share of oil and gas exports, the withdrawal of...
By Harumi Taguchi, Principal Economist, IHS Markit ŸIn December 2017, Japan’s current-account surplus narrowed by 28.5% year on year (y/y) to JPY797 billion (USD7.3 billion) on a non-seasonally adjusted basis, and also by 13.0% month on month (m/m) to JPY1.5 trillion (following a 30.4% m/m drop in the previous month)...
JAKARTA (TheInsiderStories) - State aircraft manufacturer PT Dirgantara Indonesia (PTDI) has signed a framework agreement on the sideline of the Singapore Airshow 2018 to build 75 units of its N219 Nurtanio aircraft for three national aviation companies. PTDI corporate secretary Ade Yuyu Wahyuna said in a written statement that the...
JAKARTA (TheInsiderStories) - Indonesia posted impressive performance in investment last year after a number of efforts to repeal regulations and streamline business procedures, as suggested by the World Bank. Last year, Indonesia booked Rp692 trillion (approx US$46 billion) in investment, with 6.15 per cent growth increase from 4.47 per cent...
In the last two years, the large and medium-sized processing industries show steady performance.
JAKARTA (TheInsiderStories) - The Indonesian Finance Ministry has re-issued regulation that allows the tax officials to collect data and information of taxpayer's credit card transactions. This regulation once postponed two years ago following protests from the general public. However, the government has finally granted the  tax office access to financial information held...
JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) has become the first Exchange in Southeast Asia to join Climate Bonds Initiative Partner Program. IDX is the sixth exchange to partner with Climate Bonds in a diverse grouping that includes London Stock Exchange, Luxembourg Green Exchange, Deutsche Börse, Bolsa Mexicana and Nasdaq...
JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) said the Indonesia economic outlook is positive with 5.6 per cent growth will rise gradually over the medium term, led by robust domestic demand according to Fund's assessment on Article IV Consultation Report for Indonesia 2017. Somehow, the board mentioned the risks to the...
JAKARTA (TheInsiderStories) - Asian indexes closed sharply lower and U.S. stock indexes declined on Tuesday following massive losses seen stateside in the last session. Jakarta Composite Index (JCI) dropped 111.132 points (1,69 per cent) to 6,448.53 after after moving in the red zone all day. Japan's Nikkei 225 closed down 4.73 percent,...
JAKARTA (TheInsiderStories) – The Ministry of Energy and Mineral Resources (MEMR), together with coal producers and state-owned electricity company PT Perusahaan Listrik Negara (PLN) is currently discussing ways to set the price of coal sold on the domestic market, under the so-called ‘Domestic Market Obligation’ (DMO). The discussion was triggered...

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BCA Offically Buys Bank Royal Shares for US$71.42 Million

BCA Offically Buys Bank Royal Shares for US$71.42M

JAKARTA (TheInsiderStories) - One of the largest bank in the country, PT Bank Central Asia Tbk (IDX:BBCA) joined with its subsidiary PT BCA Finance,...

Indonesian Election: Opposition Calls Escort Votes Counting

JAKARTA (TheInsiderStories) – Indonesian opposition candidates Prabowo Subianto - Sandiaga Salahuddin Uno asked all parties to oversee the process of calculation, tabulation and votes...

ADB: Asia’s Economies Slowing Down in 2019, 2020

JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) forecasted the declining of gross domestic product (GDP) growth for developing Asia, from 5.9 percent in 2018...

Shentonwire: LMIR Trust Dropped 7.8% in 1Q-2019 YoY

Jakarta (TheInsiderStories) - Lippo Malls Indonesia Retail Trust (LMIR Trust), reported Monday its first-quarter net property income dropped 7.8 percent on-year to US$29.98 million...
Indonesia' Oil and Gas Deficit Predicted to Occur in 2025

Number of Companies Eyes Indonesian Oil, Gas Blocks

JAKARTA (TheInsiderStories) - Indonesian Energy and Mineral Resources (EMR) ministry announced 18 local and foreign companies accessing the bidding documents for oil and gas working...

Oil Price Surges as US Ends Waivers for Iranian Oil

JAKARTA (TheInsiderStories) – Global oil prices surged to nearly six month higher at US$74 a barrel after President Donald Trump decided not to reissue...