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Sunday, January 20, 2019
JAKARTA (TheInsiderStories) – The Indonesian government is pushing Ngurah Rai International Airport in Bali, as an alternative regional hub for international carriers to deliver goods from East Asia, Europe and the Middle East, in competition with Singapore’s Changi Airport, Heru Pambudi, General Director at Customs and Clearance, said. Heru told...
by Harumi Taguchi, principal economist at IHS Markit Key Points: Ÿ   Japan’s trade surplus fell by 40.7% year on year (y/y) to JPY 285 billion (USD 2.5 billion) in October on a non-seasonally adjusted basis, but widened by 21.1% from the previous month to JPY323 billion on a seasonally adjusted basis....
JAKARTA (TheInsiderStories) - A report tracking the progress of the Association of Southeast Asian Nations (ASEAN) towards achieving the Sustainable Development Goals (SDGs) found that the region is a diverse and rapidly changing area that is experiencing progress across many aspects of the 2030 Agenda Sustainable Development. Somehow, while the...
Hong Kong -- Moody's Investors Service says that steady economic expansion and corporate earnings growth will underpin the stability of credit quality for corporates in Asia (ex-Japan) during 2018, while refinancing requirements will also be manageable. "Healthy economic growth in the Asian and global economies will support steady earnings growth for Asian corporates, which...
JAKARTA (TheInsiderStories) – Good morning. We offer you several relevant news that might help your business decisions today: JCI Rises 0.49 Percent in Third Week November  The Jakarta Composite Index (JCI) rose 0.49 per cent to 6,051.73 points on Friday (17/11) from 6,021.82 points in the previous trade closing of the week....
JAKARTA (TheInsiderStories) – The ASEAN Single Aviation Market (ASEAN SAM), also known as the ‘ASEAN Open Sky Agreement/Policy’, has taken a further step toward becoming a reality since its establishment in 2015. Ministers for Transportation of ASEAN country members recently concluded several deals, aiming for a unified and single aviation...
JAKARTA (TheInsiderStories) - The World Bank’s Board of Executive Directors has approved a $300 million loan that will help improve the quality of government’s spending, revenue administration and tax policy. “Building on the substantial progress to date, further fiscal reforms are needed so Indonesia can meet its aspirations,” said Rodrigo A....
JAKARTA (TheInsiderStories) - State-owned toll road operator PT Jasa Marga (Persero) Tbk (IDX: JSMR) is gearing up to raise funds from the capital market by issuing bonds, the proceeds of which will be used to fund its toll road projects. President Director of Jasa Marga Desy Arriyani stated the company...
JAKARTA (TheInsiderStories) – The Indonesian government strives to streamline the export and import licensing process for the oil & gas industry with ‘Indonesia Single Window Submission’ (INSW), an integrated on-line portal service, beginning from February of next year, in a move to stimulate growth of the industry. Through the online...
JAKARTA (TheInsiderStories) – Good morning. We offer you several relevant news that might help your business decisions today: PLN To Simplify Electricity Tariff Classification The state owned electricity company PT Perusahaan Listrik Negara (PLN) plans to simplify electricity tariff classification. Under the plan, all consumers under tariff class of between 1,300-3,300...

Latest article

Malaysia’s Grab Create Digital Insurance Marketplace in SEA

JAKARTA (TheInsiderStories) - Malaysian Grab Holdings Inc., ride-hailing operator in Southeast Asia, has collaborated with Hong Kong ZhongAn Technologies International Group Ltd. (HKEX stock code: 6060),...

Indonesia’s J Resources Private Placement May Stumble on Free Float Regulation

JAKARTA (TheInsiderStories) — Indonesian gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) will issue 2.64 billion new shares through private placement, said...

Industrial Bank of Korea Officially Owned Bank Agris

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) officially owned 95.79 percent of Indonesian lender PT Bank Agris Tbk (IDX:AGRS). Followed the compeletion, IBK intends...

Insight: Expecting China’s Lower Borrowing Costs Impact on Indonesian Economy

JAKARTA (TheInsiderStories) — The bamboo curtain country is on its path to relieve the economic slowdown. China’ central bank took action by distributing RMB1.14...

The Global Economy: Rising Recession Risks

JAKARTA (TheInsiderStories) - The danger of a global economic downturn has risen, but the probability of a recession in 2019 is still low. After a brief...

First Debate: Different Promises, Both Camp Not Explores the Issues

JAKARTA (TheInsiderStories) – The Presidential candidate Joko Widodo - Ma'ruf Amin has offered optimism and fair for the Indonesia future. While, Prabowo Subianto -...