28.5 C
Jakarta
Monday, July 16, 2018
JAKARTA (TheInsiderStories) - Good morning. Today, Indonesian government will sign head of agreement (HoA) of PT Freeport Indonesia (PTFI) share sale with  Freeport-Mcmoran Gold & Copper Inc (NYSE: FCX), finance ministry announced. Meanwhile, trade wars weakened major bourses as an escalating United States (U.S) - China threatening the country's economic...
JAKARTA (TheInsiderStories) - Indonesia is ranked 85th in the Global Innovation Index (GII) 2018, or moving up 2 positions from the previous year, Cornell University, INSEAD and the World Intellectual Property Organization (WIPO) reported on Wednesday (11/07). Among the 30 lower-middle-income countries the country's ranked is 13th and ranked 14th among the...
JAKARTA (TheInsiderStories) - On 10 July, the Office of the United States Trade Representative (USTR) announced that President Donald Trump had ordered to begin the process of imposing tariffs of 10 percent on an additional US$200 billion of Chinese imports. The decision of the U.S Administration was in response to China’s decision...
JAKARTA (TheInsiderStories) - Good Morning. The Government of Indonesia announced will revise a number of bilateral trade agreements with partner countries to address trade wars between the United States (U.S) and China, said Finance Minister Sri Mulyani Indrawati onTuesday (10/07). She said, the evaluation also to gain maximum profit from trade agreements...
JAKARTA (TheInsiderStories)—The Indonesian government announced eight strategies to counter the trade war, is this effective? The trade war's threat imposed by the United States will eventually affect Indonesia. The US government is evaluating the existence of a generalized system of preference (GSP) given to products from Indonesia. Following a trade deficit with Indonesia, the...
JAKARTA (TheInsiderStories) - A wave of optimism for global economic resilience emerged despite an escalation of United States (U.S) - China trade war and divisions in the British Government on Brexit. This convinced investors who have not witnessed a real slowdown cause of the global trade barriers and give a positive influence...
JAKARTA (TheInsiderStories)—The Indonesian government’s rush to launch an online single submission (OSS) system pours more uncertainty into the country's investment climate. Indonesian government finally launched OSS, an integrated web-based business permit application, today (09/07), a delay from the initial schedule of April 2018. The government ensured the OSS system will make...
JAKARTA (TheInsiderStories) - Good Morning. Last week, Indonesia’s central bank (BI) reported foreign exchange (FX) reserves fell to US$119.8 billion as end of June compared to previous month $122.9 billion. Meanwhile, to simplify investment permit in the country, today the government launch Online Single Submission (OSS). BI said on June 6, the FX...
Singapore (TheInsiderStories) -- In just over a week Moody's Investors Service released the rating of nine Indonesian banks following the latest global economic conditions. Yesterday, the rating agency assigned Counterparty Risk Ratings (CRRs) to nine Indonesian banks. The affected banks are: (1) Bank Rakyat Indonesia (P.T.) (BRI); (2) Bank Mandiri (P.T.) (Mandiri);...
JAKARTA (TheInsiderStories) - Good Morning. Starting today United States (U.S) officially impose import tariffs on Chinese products with worth of US$34 billion. In recent months, investors worried on the trade war between the U.S and China and creating panic in the financial markets. U.S's President Donald Trump also threatened the tariff...

Latest article

Thailand’s SCG Invest US$22M in Indonesia’s Mitra10 Operator

JAKARTA (TheInsiderStories) - Siam Cement Group (SCG), one of the leading business conglomerates in Southeast Asian become a strategic shareholder in Indonesia's PT Catur Sentosa Tbk...

Moody’s Assigns First-time B2 Rating to Sentul City

JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a first-time B2 corporate family rating (CFR) to PT Sentul City Tbk (IDX: BKSL). The outlook on the rating is...

Indonesia’s Sarana Menara Allocates US$104M to Buyback 5% Shares

JAKARTA (TheInsiderStories)--Publicly listed tower operator PT Sarana Menara Nusantara Tbk (IDX: TOWR) plans to allocate Rp1.5 trillion (US$104.158 million) to buyback its 5 per...

Indonesia’s Trade Minister to Visits U.S on Trade War Dispute

JAKARTA (TheInsiderStories) - Following the United States's (U.S) threatened on Indonesian export, Trade Minister Enggartiasto Lukita said to visit United States (U.S) on July 21-28,...

Indonesia Records US$1.74 Trade Surplus in June 2018

JAKARTA (TheInsiderStories)--Indonesia recorded US$1.74 billion trade surplus in June 2018, Statistics Indonesia reported on Monday (16/07). However, the country still booked US$1.02 billion in the...

Singapore’s Blackgold Involved Graft Scandal in Indonesia

JAKARTA (TheInsiderStories) - One of Singapore's coal producer Blackgold Natural Resources Limited's (SSX: 41H) shareholders have accused by Indonesia's anti-graft body on bribery initiative to...