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Jakarta
Saturday, May 26, 2018
JAKARTA (TheInsiderStories) - By 2025 end, the global palm sugar market is expected to reach a value of more than US$2.00 billion expanding at a CAGR of 3.4% over the forecast period (2017–2025), Persistence Market Research reported. In terms of volume, the global palm sugar market is expected to be pegged at 747,525...
JAKARTA (TheInsiderStories) - The yield-to-maturity of Indonesian sovereign bonds continues to drift lower this year, following Standard & Poor's (S&P) award of an ‘investment grade’ rating and oversupply of sovereign bonds following last Wednesday’s (3/1) auction. Indonesia's government sold Rp25.5 trillion (US$1.89 billion) on Wednesday, higher than an indicated target...
JAKARTA (TheInsiderStories) - In anticipation of lingering global uncertainty, the government will issue 100 per cent of its foreign currency bonds (or sovereign bonds) during the first half (H1) of 2018. The decision is also seen as a move to mitigate global market risk. This year, the government plans to sell...
JAKARTA (TheInsiderStories) – The Indonesian central bank (BI), revealed its future policy directions for 2018, vowing to maintain sustainability and strengthen the momentum of domestic economic recovery. Since 2016, BI has cut its rate by 150 basis points (bps), an easing facilitated by lower inflation for two years in a...
JAKARTA (TheInsiderStories) - The global oil price has been picking up to above the government’s assumption set in the state budget, prompting speculation that the government would raise domestic retail fuel price. However, Minister for Energy and Mineral Resources Minister Ignasius Jonan announced on Wednesday that the government will not...
Indonesia remains the optimistic zone despite a slight decline of 6.9 points to 67.9 points compared to the first half of 2017 Jakarta - According to a recent study of Mastercard Consumer Confidence Index, the level of consumer confidence in the Asia Pacific region during the second half of 2017 increased...
Hong Kong - Fitch Ratings has upgraded Indonesia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to 'BBB', from 'BBB-'. The Outlook is Stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS The upgrade of Indonesia's IDRs reflects the following key...
Singapore -- Moody's Investors Service has downgraded the corporate family rating of Matahari Putra Prima Tbk (P.T.) (MPPA) to B1 from Ba3. The rating outlook is stable. RATINGS RATIONALE MPPA's rating downgrade reflects continued weakness in the company's operating performance, impacted by sluggish sales, against the backdrop of weak industry demand and heightened competition. In light...
JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) says Brexit has the potential to reshape the structure of the United Kingdom (UK) economy. The impact will depend on the nature of the final agreement, and may take many years to fully materialize. However, the agency reported, in the coming years agriculture,...
JAKARTA (TheInsiderStories) - Indonesia growth outlook is constrained by sluggish consumer spending, according to ICAEW. However, growth is still expected to pick-up modestly to 5.1% in 2017, due to the robust government spending and investment. ICAEW continues to forecast growth of 5.3% in 2018 for Indonesia, against a broad-based but mild...

Latest article

Bank Indonesia Projects 5.15% Growth in Q2

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) expects the Indonesian economy to expand by 5.15 per cent in second quarter this year higher than first...

Indonesia May Get Loans from China for CPO replanting

JAKARTA (TheInsiderStories)— The Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan on Friday (25/04) said China Development Bank has offered loans to finance palm...

Bank Mandiri to Raise US$247 M Bonds in Q3

JAKARTA (TheInsiderStories) - State controlled lender PT Bank Mandiri (IDX: BMRI) aimed to raise fresh funds by issuing bonds worth Rp3.5 trillion (approx. US$250 million)...

Indonesia’s Power Sector Urges to Catch Up Industry 4.0

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...

Indonesia`s Palm Oil Exports Dropped in Q1 2018

JAKARTA (TheInsiderStories) - Indonesia`s exports of palm oil and derivatives dropped in the first quarter of 2018 compared to same period last year according to...

Indonesia Passes Anti-Terrorism Law

JAKARTA (TheInsiderStories) - Indonesia passed a new law Friday (25/5) that will give police more power to take pre-emptive action against terrorism suspects in the...