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Jakarta
Saturday, August 18, 2018
JAKARTA (TheInsiderStories) - Good Morning. Indonesia’s financial market may see volatility for a moment as panics over the ongoing financial crisis in Turkey spread to emerging markets assets. The Jakarta Composite Index fell 3.29 per cent to 5,877.52, making it as the worst performer in Asia Pacific. The rupiah dropped to 14,583...
JAKARTA (TheInsiderStories) - Indonesia’ current account deficit widen to 3 percent of gross domestic product (GDP) or US$8.0 billion in second quarter (Q2) of 2018 inline with rising domestic economic activities, Bank Indonesia (BI) reported on August 10. But, during January to June, the CAD was still within the safe threshold...
JAKARTA (TheInsiderStories) - Is Turkey entered the financial crisis? As we know on Friday (10/08) the Turkish Lira plunged drastically in recent weeks as its deteriorating relations with the United States (U.S) exacerbated the weak confidence on the economy. There’s a risk that the currency meltdown may spread to the Eurozone,...
JAKARTA (TheInsiderStories) - Good morning. The declaration of two Presidential candidates and their pairs last week is expected to clear a lot uncertainties for market participants. The incumbent President Joko Widodo had announced he will pair with popular cleric Ma’ruf Amin. While his challenger is Prabowo Subianto, the founder of Gerindra Party,...
JAKARTA (TheInsiderStories) - Good moring. Thursday was quite an eventful day and President Joko Widodo shows once again why he is a formidable politician by picking the influential cleric Ma’ruf Amin as his pair in the next 2019 Presidential Election. Any presidential hopefuls must register to the Election Commission today. Initially, Widodo appeared...
JAKARTA (TheInsiderStories) - Good Morning. Disagreements among the opposition camp grew and the recently joined Demokrat Party may soon opt out of the already fragile political alliance. It all started when former President Susilo Bambang Yudhoyono or SBY announced that his party will stand with the opposition in the next presidential election. The...
JAKARTA (TheInsiderStories) - Good Morning. Expect politics to dominate the news streams in the next few days as lobbying for the Vice President seat is intensifying as deadline to register for 2019 Presidential Election nears. The opposition may encounter more difficulties than the ruling coalition. On Tuesday (07/08), Prabowo Subianto, the presumed...
JAKARTA (TheInsiderStories) - The United State (U.S) - China dispute over trade and technology transfers continues to escalate, a credit negative for Chinese companies, said Moody's Rating Services on Tuesday (07/08). As the U.S expands its list of Chinese products subject to tariffs, a growing number of rated Chinese companies...
JAKARTA (TheInsiderStories) - Multiple triggers, many of which are externally driven, are putting pressure on Asian central banks to tighten monetary policy. As a result, the banks are facing some difficult policy decisions because they will have to attempt to balance stability, inflation, and economic growth priorities. Across the Asia-Pacific...
JAKARTA (TheInsiderStories) - Good morning. The release of Indonesia’s gross domestic product (GDP) data was a surprise and one that may give President Joko Widodo more confidence ahead of his re-election bid next year. The economy grew above expectation in the second quarter, at 5.27 percent on year, which is...

Latest article

Indonesia’s Bayan Buys 100% Kangaroo for US$515M

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bayan Resources Tbk (IDX: BYAN) to acquired 45 percent shares of Australian miner Kangaroo Resources Limited (ASX: KRL)...

Indonesian Govt Prepares US$29B for Infrastructure Projects in 2019

JAKARTA (TheInsiderStories) - Indonesian government prepares Rp420.5 trillion (US$29.41 billion) for infrastructure projects in 2019 State Budget, said Finance Minister on Thursday (16/08). The amount...

Insight: 2019 State Budget is a Mixed Bag

JAKARTA (TheInsiderStories) - The government’s proposed 2019 State budget is quite uncommon. At first glance, the budget sends a message of fiscal moderation, with...

Indonesia Losses US$521M from Lombok Earthquake

JAKARTA (TheInsiderStories) - The damages and losses caused by the Lombok earthquake are huge. The latest estimate by National Disaster Mitigation Agency on August 13, the...

Qatar will Invests US$15B to Turkey

JAKARTA (TheInsiderStories) - Qatar will rapidly implement an investment package of $15 billion in Turkey to help the country' financial problems. The statement made following the meeting that...

Indonesian Businessmen Ready to Convert 50% Export Revenues to Rupiah

JAKARTA (TheInsiderStories) - All businessmen under Indonesian Chamber of Commerce and Industry (ICCI) committed to bring 100 percent of foreign exchange revenues to the country, said...