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Jakarta
Wednesday, June 20, 2018
JAKARTA(TheInsiderStories)--Investors around the world awaits U.S's Federal Reserves (The Fed), European Central Bank (ECB), an escalation in trade tension between major countries and North Korean drama. In this week the central banks prepared to hold crucial meetings while U.S's President Donald Trump and North Korean leader Kim Jong Un will...
JAKARTA (TheInsiderStories) - The revisions to Japan’s real gross domestic (GDP) growth’s stayed close to the first preliminary figures, which confirms a contraction of 0.2 percent quarter-to-quarter (q/q), or a 0.6 percent q/q annualized drop in the first quarter (Q1) of 2018, according to government data published on June...
JAKARTA (TheInsiderStories) - Last Monday (04/06), Indonesian tower operator PT Profesional Telekomunikasi Indonesia’s (Protelindo), parent company of PT Sarana Menara Nusantara Tbk (IDX: TOWR), announced that it had completed the acquisition of PT Komet Infra Nusantara (KIN). The company plans to keep KIN as a separate operating entity under Protelindo. According...
JAKARTA (TheInsiderStories) - United State's (U.S) President Donald Trump has finally decided to meet North Korean leader Kim Jong Un in a most awaited event after canceling the meeting eight days before the date. He said in a statement on June 1, that he would hold a summit with...
JAKARTA (TheInsiderStories) - Indonesia's Financial Service Authority (FSA) affirmed that the financial industry is barred from actively participating in crypto-currency transactions, said the chairman on Monday (04/06). Previously, Commodity Futures Trading Regulatory Agency said government will allow crypto-currency as futures commodities that can be traded in the future exchange. The commodity market...
New York -- Moody's Investors Service says that tax reforms in developing Asia Pacific (APAC) economies will help address the narrowness of revenue bases in some countries, but that many governments still face structural barriers to broadening these bases. "For many sovereigns, measures to broaden the tax base are unlikely...
JAKARTA (TheInsiderStories) - Lira, a Turkey's national currency returned falling one day after the national central bank raised its main interest rate. The Central Bank has raised its benchmark interest rate to 16.5 percent from previous 13.5 percent. Market sentiment has driven much of the lira's sell-off, as investors worry...
JAKARTA (TheInsiderStories)-- Weak electricity demand potentially disrupts investment in power sector. The electricity consumption reflects the condition of the economic activity. Every single digit of economic growth is equal to electricity consumption growth at twice as fast. Before the economic crisis in 1997, Indonesia enjoyed economic growth of 7 per...
JAKARTA (TheInsiderStories) - Hours before Indian Prime Minister Narendra Modi meet Indonesia's President Joko Widodo, Bloomberg came up with a report saying India and Indonesia are among Asia's worst-hit Asian currencies this year. It's no surprise that India and Indonesia are among the worst-hit Asian currencies this year when we look at...
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 technology to catch up in Industry 4.0, that refers to process automation and data exchange that has prospects for a greater use in manufacturing. In...

Latest article

Japan’s Chiyoda Wins Pre-FEED Contract of INPEX’s Masela Block

JAKARTA (TheInsiderStories) - Consortium Japan's Chiyoda Corp., and local firm PT Synergy Engineering announced has been won a front-end engineering design (Pre-FEED) contract by...

South Korean LS Cable, AG Group Constructs Electric Cable Plant in Indonesia

JAKARTA (TheInsiderStories) - South Korean company LS Cable & System and local conglomeration company Artha Graha Group (AG Group) through its unit PT Artha Metal Sinergi...

Election to Drive Indonesia’s Manufacturing Sectors

JAKARTA (TheInsiderStories)—Industry Minister Airlangga Hartarto on Tuesday (19/08) expressed confidence that the election will drive manufacturing activities that eventually boost economic growth in the third quarter...

Japan’s Tokio Marine Acquires Australian IAG’s Indonesia, Thailand Insurance Firm

JAKARTA (TheInsiderStories) - Japan's Tokio Marine Holdings, Inc. announced that it has entered into a definitive agreement to acquire Indonesia and Thailand insurance businesses of Insurance...

Japan’s Trade Balance Deficit in May

JAKARTA (TheInsiderStories) - Japan’s trade balance turned out a deficit of JPY578 billion (US$ 5.2 billion) in May on a non-seasonally adjusted basis, a...

Market Update: Asian Markets Continues Weakening

JAKARTA (TheInsiderStories) - Asian stock markets extended losses today dragged of a trade war rebounded and weakening of oil prices. In the local market Indonesian government...