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Jakarta
Monday, May 21, 2018
JAKARTA (TheInsiderStories) - After hold its benchmark since 2014, Bank Indonesia (BI) decided raised its benchmark rate 25 basis points (bps) to 4.50 percent after the rupiah sinks to the record low at Rp14,200 per U.S dollar. We believed this policy be taken to maintain Indonesia's economic stability and is in line with market...
JAKARTA (TheInsiderStories)—The investments in the upstream oil and gas sector during the period of January-April 2018 had been significantly increasing, along with the steady rise of oil prices at the global market that had reached more than US$70 per barrel recently. Based on data from the Upstream Oil and Gas...
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo continues to encourage sea toll programs to increase export and logistics  business in Indonesia. Over the last three years, Widodo has expressed its efforts to tackle the issue of stubborn inefficiency in logistics in the country. Widodo has vowed to turn Indonesia into a global maritime axis partly...
JAKARTA (TheInsiderStories)—The terrorist attacks may cause a short-term shock to the stock market, but it has limited impact on the long-term investments. The investors are more concerned with macroeconomic data and fundamental investment climate. Indonesia, the world’s largest Muslim country, was hit by series of terrorist attacks recently. Last week,...
JAKARTA (TheInsiderStories) - Last Tuesday, Indonesia’s (Baa2 stable) government bond spiked by nearly 30 basis points to 7.3 percent, but retreated to 7.2 percent at the end of the week, while the currency, the rupiah, extended its decline for the third consecutive month in May, depreciating 4.1 percent since the start...
JAKARTA (TheInsiderStories)—The publicly listed retailers saw a slow growth due to low purchasing power in the first quarter of 2018. Based on data from the Central Bureau of Statistics, the growth of public consumption, the backbone of Indonesia’s economy, was recorded only at 4.95 per cent in the first quarter...
JAKARTA (TheInsiderStories) - In order for the chemical industry to achieve its designated objective as one of the five priorities in the Industry 4.0 Roadmap, the government must acknowledge that basic but sustained improvements on the part of policies would have a significant impact. Chemical, along with food and beverages,...
JAKARTA (TheInsiderStories) - The weakening trend in the Indonesian currency rupiah against the U.S Dollar has occurred since several weeks ago. Governor of Bank Indonesia (BI) Agus Martowardojo said, the psychological level for the local currency at the level of Rp14,000 and the Central Bank will take On Wednesday ((09/04), rupiah in...
JAKARTA (TheInsiderStories) -  Mahathir bin Mohamad's party has won the Malaysian election in a shock result and beat the incumbent leader Najib Razak. Pakatan Harapan (PH), an alliance of opposition parties spearheaded by the former prime minister had defeated Razak’s Barisan Nasional coalition. The 92-year-old Mohamad, who had retired 2003 after leading Barisan...
JAKARTA (TheInsiderStories) - Japan's current account surplus rose 4.2 percent year on year (y/y) to JPY3.1 trillion (US$285 billion) on a non-seasonally adjusted basis in March. The surplus jumped 84.0 percent from the previous month to JPY1.8 trillion on a seasonally adjusted basis, thanks largely to the end of disruption...

Latest article

Mayapada to Raise US$351M via Sub-debts, Rights

JAKARTA (TheInsiderStories)--PT Bank Mayapada International Tbk (MAYA) plans to raise a fund of Rp4 trillion (US$281.543 million) to Rp5 trillion (US$351.929 million) by issuing...

Policy Review: A Long Road To End Up Freeport’s Renegotiation Contract

JAKARTA (TheInsiderStories) - For the umpteenth time PT Freeport Indonesia's (PTFI) share divestment agreement drag on for unexplained reasons. Earlier President Joko Widodo optimistic PTFI divestment could...

Indonesia Pertamina More Aggressively Acquires Overseas’s Assets

JAKARTA (TheInsiderStories) - After more than a year of negotiations,The largest energy producer in Indonesia PT Pertamina expects to complete its acquisition of an operating interest...

Industry 4.0: Carry Out Effectiveness in Automotive Sector

JAKARTA (TheInsiderStories) - In the light of fourth industrial revolution era Ministry of Industry of Indonesia has laid out five sectors in which implementation of...

Rupiah Weakens Over Current Account Deficit Concerns

JAKARTA (TheInsiderStories)—The rise of Bank Indonesia’s (BI) interest rate by 25 basis points (bps) to 4.50 per cent was unable to hold rupiah weakening,...

Govt Aims 5.8% GDP Growth in 2019

JAKARTA (TheInsiderStories) - Minister of Finance Sri Mulyani Indrawati said on Friday (18/5) the government had set the target of economic growth in 2019 in...