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Jakarta
Wednesday, June 20, 2018
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) - Japan’s trade balance turned out a deficit of JPY578 billion (US$ 5.2 billion) in May on a non-seasonally adjusted basis, a deficit 1.8 times larger than a year ago. On a seasonally-adjusted basis, the trade balance showed a deficit of JPY296 billion, which follows two consecutive months...
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)--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) - Minister for Communication and Information Technology Rudiantara projected that the country’s new unicorn, a US$1 billion valued startup company, will emerge from the education sector, no later than 2019. The statement was made in November 2017, after he visited the office of Ruangguru, an educational technology...
JAKARTA (TheInsiderStories)— President Joko Widodo launched Making Industry 4.0 roadmap as baseline the country's economic development during 2019 to 2030. So far the country lags behind regional peers in implementation of industry 4.0. Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes...
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)- Rising oil price will bring positive impact to the oil and gas investment and higher state revenue, but on the other hand, it could increase subsidy spending. International oil prices surged into the highest level since November 2014, driven by concerns over a shortage risk in Venezuela production...
JAKARTA (TheInsiderStories)— Indonesia is a world's major key producer of a wide variety of agricultural tropical products. This sector has been historically contributing significantly to the economy and employment. As a large archipelago nation of more than 17,000 islands and 256 million population the country's agriculture industry responsible to absorb...
JAKARTA (TheInsiderStories)—Too much government intervention in the changing Pertamina’s board of directors potentially cause crucial projects delays and disrupt long term plans of the state-controlled energy company. The government's sudden move to oust the President Director of state-owned oil company PT Pertamina Elia Massa Manik, following the oil spill scandal 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...