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Jakarta
Thursday, January 17, 2019
JAKARTA (TheInsiderStories) - The Indonesia Deposit Insurance Corporation (IDIC) predicts, that the increase in Rupiah and foreign exchange deposit rates will be limited this year. The reasoned, Bank Indonesia 7 day reverse repo (BI-7DRR) rate and the Federal Reserves Fund Rate (FFR) are predicted to move dovish. Based on the...
JAKARTA (TheInsiderStories) – Welcome the beginning of 2019, Indonesian airlines sector is shocked by the issue of rising domestic flight fare and baggage fees policy. The unilateral determination not only troubles the public using air transport services, but also becomes a boomerang for the airline itself. These caused, the determination...
JAKARTA (TheInsiderStories) – Indonesian government admitted the high price of aviation turbine (avtur) caused by the high tax burden, said senior official on Tuesday (01/15). Beside tax, the increase in ticket prices was also influenced by the exchange rate of the rupiah against the US dollar. This lead a large operating...
JAKARTA (TheInsiderStories) - In 2018, national cement sales reached 75.2 million tons, or up 8.6 percent, compared to the previous year, said the association. A total of 69.51 million tons are sales in the domestic market and 5.7 million tons from the export market. But compared to the installed capacity of...
JAKARTA (TheInsiderStories) — Good morning! Indonesia kept climbing on the foreign debt lane. An official statement mentioned that the nation holds US$372.9 billion foreign debt in November 2018, hiked by 7 percent compared to the same period in the prior year. The spike was contributed from both government and Bank...
JAKARTA (TheInsiderStories) – Indonesia President and Vice President candidate' Prabowo Subianto and Sandiaga Salahuddin Uno promised to sets and strengthen the personality and dignity of the nation towards Indonesia Wins, if elected in the April Presidential Election. During his national address in the front of 4,000 supporters at the Jakarta...
JAKARTA (TheInsiderStories) - PT Krakatau Steel Tbk (IDX: KRAS) to run two strategic projects in this year as part the Indonesian steel producer' effort to enter downstream business and to reduce the production costs, said the chief executive on Tuesday (01/15). According to the CEO Silmy Karim, the first project is...
JAKARTA (TheInsiderStories) — Indonesia' oil and gas producer PT Medco Energi Internasional Tbk (IDX: MEDC) expectation to own a Ophir Energy Plc. is nearly broken. The London-based upstream oil and gas producer has rejected the offering price of the local company. “The Board has unanimously rejected the proposal as it...
JAKARTA (TheInsiderStories) - Indonesia recorded US$8.57 billion trade deficit in 2018, the worst in more than 4 decades. Statistic Central Agency Chief Suhariyanto said, Indonesia’s historical worst trade balance was in 1975 with $391 deficit. During 2018, Indonesia’s export was $180.06 billion, grew single-digit at 6,65 percent. But the import...
JAKARTA (TheInsiderStories) — After the Apple assembler Pegatron Corp.’ steps to invest in Batam, Riau Islands province, Indonesia also invited United States' Apple Inc., China' Huawei Tecnologies Co. Ltd., and South Korea' Samsung Electronic to create its hardware in the country, said senior official on Monday (01/14). Indonesia is known...

Latest article

Indonesia Targets to Rise Oil and Gas Revenues in 2019

JAKARTA (TheInsiderStories) – Indonesia state revenues from the upstream oil and gas industry in 2018 increased significantly to US$ 17.5 billion (unaudited) or around...

European Parliament Calls the Unity amid Brexit Puzzles

JAKARTA (TheInsiderStories) – Amid the British exit (Brexit) rebellion against Prime Minister Theresa May government in United Kingdom, European Parliament calling the unity as...

Insight: Its Expected, Presidential Election Debate Impacts to the Society

JAKARTA (TheInsiderStories) – As a democratic country, the debate should not only be ceremonial and conditional, but must provide epistemic effects on political education...

Indonesia’s Loan Growth Is Estimated to Slow in First Quarter

JAKARTA (TheInsiderStories) - Indonesian Banking Survey estimates that loan growth could slow down in the first quarter (1Q) of 2019, said the central bank...

Indonesia’s FSA to Revises Minimum Capital Requirement for Market Risk

JAKARTA (TheInsiderStories) - Indonesian Financial Services Authority (FSA) will revise the minimum capital requirement for market risk, said one senior official last week. The...

Indonesian Central Bank Maintained Policy Rate at 6%

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) decided to maintained a 7-day Reverse Repo (BI 7-DRR) rate at 6 percent, Deposit Facility interest rate of 5.25...