27 C
Jakarta
Saturday, August 18, 2018
JAKARTA (TheInsiderStories) - Indonesian government officials have revealed that all e-commerce transactions that are concluded in Indonesia will become subject to import tariffs in the near future. At the same time, the government plans to lower the threshold of duty-free imports from US$ 100 to US$ 75. The ruling is...
JAKARTA (TheInsiderStories) - In the light of fourth industrial revolution era Ministry of Industry of Indonesia has laid out five sectors in which implementation of Industry 4.0 technology will be enhanced. These sectors are chosen with careful consideration regarding their impact on economy, ease and visibility. Automotive in one of...
JAKARTA (TheInsiderStories)—Indonesia urges to set up new incentive to boost the mining downstream industries. The country is currently trapped in a stagnation on this sector. Indonesia’s mining sectors have long served a large portion of Indonesia economy. The country remains a major producer of coal, copper, gold, tin, and nickel in...
JAKARTA (TheInsiderStories) - The country's aircraft maintenance, repair and overhaul (MRO) business is projected to continue to expand in coming years, in line with the growth of the country's aviation industry and the increasing number of aircraft operating in the country. Unfortunately, domestic MRO providers are yet to fully accommodate...
JAKARTA (TheInsiderStories) – The Coordinating Minister for the Economic Affairs Darmin Nasution on Monday (12/3) held a limited cabinet meeting to discuss issues related to the efforts to boost direct investment in the country. The particular topic of discussion was fiscal incentives to be provided to particular industries. Providing fiscal...
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...
Singapore -- The strengthening U.S dollar since mid-April has led to sharp currency depreciation and significant declines in foreign exchange reserves in a number of emerging and frontier market countries, increasing credit risks for those with large external funding needs, Moody's Investors Service said in a report on Wednesday (27/06). The...
JAKARTA (TheInsiderStories) - Good morning. The government had taken bold steps to address Indonesia’s persistent current account deficit (CAD), which continues to underwhelm the economy and a source of weakness and volatility for the rupiah. Of all the four measures announced by Finance Minister Sri Mulyani Indrawati on Tuesday (14/08), the plan to...
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...
Momentum to carry into Q1 2018 Hong Kong -- Moody's Investors Service says that the Asian high-yield bond market has shown record levels of rated issuance across all markets in 2017, with momentum set to carry into 1Q 2018. "A total of $34.5 billion was issued in 2017 -- up significantly from $11.4 billion...

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...