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Jakarta
Saturday, May 26, 2018
JAKARTA (TheInsiderStories) - Bank Indonesia hold its benchmark rate  at 4.75% to maintain macroeconomic and financial stability as well as to support domestic economy recovery amid global volatility risks. “Board of Governors’ Meeting decided to keep the BI 7-Days-Repo-Rate steady at 4.75% with the deposit facility rate remained at 4% while...
Conducive global environment and improved domestic fundamentals support positive economic outlook  Jakarta, June 15, 2017 – Indonesia’s economy began 2017 on a strong footing, helped by a more supportive global environment and improved domestic fundamentals. The country’s real GDP growth is projected to increase from 5.2 percent this year to...
JAKARTA (TheInsiderStories) - Indonesia's trade balance surplus US$470 million in May dropped significantly compared to April worth of $1.33 billion, the Central Bureau of Statistics (BPS) reported. Deputy for Social Statistics at the BPS M. Sairi Hasbullah, said the declined of surplus in May is a seasonal phenomenon due to high imports...
JAKARTA (TheInsiderStories) - Indonesian government targets the investment in energy sector to reach around US$43 billion inline with the simplification or permits, said one senior official on Wednesday. Minister of Energy and Mineral Resources stated Ignasius Jonan, said the increasing is sustained various simplification of licensing conducted by the...
JAKARTA (TheInsiderStories) - As expected, the U.S's Federal Reserve (The Fed) decided to raise its federal funds rate by 25bps from 1 percent to 1.25 percent, the third rate hike in six months. The policymakers kept forecasts for three rate hikes this year while increasing growth projections and lowering inflation expectations. The...
By Brian Jackson, China Economist, IHS Markit Key Points: Chinese industrial production growth was unchanged in May at 6.5%. Output expanded by the same 6.9% in manufacturing alone, with no change in the distribution of contributions from heavy and light manufacturing as calculated by IHS Markit. Fixed-asset investment growth slowed...
JAKARTA (TheInsiderStories) - Spanish's insurer MAPFRE Group through its subsidiary MAPFRE AMERICA SA has effective control of Indonesian insurance company PT Asuransi Bina Dana Arta Tbk (IDX: ABDA), the company announce. The transaction was closed at a price of 90 million euros. MAPFRE has announced a takeover plan of 31 percent...
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) - State power producer PT Perusahaan Listrik Negara (PLN) targets to raise Rp10 trillion fund through assets securitization or asset-based security investment contract with underlying seven coal-fired power plants in Suralaya, owned by PT Indonesia Power. The securitization program is scheduled for August this year. The fund will be...
JAKARTA (TheInsiderStories) - The Executive Board of the International Monetary Fund (IMF) sees since the 2010 Financial Sector Assessment Program (FSAP), Indonesia’s macroeconomic performance has been robust and the financial system has been stable. The financial system has weathered well a simultaneous economic and credit deceleration. Corporate vulnerabilities have remained broadly...

Latest article

Bank Indonesia Projects 5.15% Growth in Q2

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) expects the Indonesian economy to expand by 5.15 per cent in second quarter this year higher than first...

Indonesia May Get Loans from China for CPO replanting

JAKARTA (TheInsiderStories)— The Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan on Friday (25/04) said China Development Bank has offered loans to finance palm...

Bank Mandiri to Raise US$247 M Bonds in Q3

JAKARTA (TheInsiderStories) - State controlled lender PT Bank Mandiri (IDX: BMRI) aimed to raise fresh funds by issuing bonds worth Rp3.5 trillion (approx. US$250 million)...

Indonesia’s Power Sector Urges to Catch Up Industry 4.0

JAKARTA (TheInsiderStories)—Indonesia's power industry adapt to the latest technology advancements to play its strategic role in Industry 4.0. Many countries have developed strategies to capitalize...

Indonesia`s Palm Oil Exports Dropped in Q1 2018

JAKARTA (TheInsiderStories) - Indonesia`s exports of palm oil and derivatives dropped in the first quarter of 2018 compared to same period last year according to...

Indonesia Passes Anti-Terrorism Law

JAKARTA (TheInsiderStories) - Indonesia passed a new law Friday (25/5) that will give police more power to take pre-emptive action against terrorism suspects in the...