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Jakarta
Wednesday, June 20, 2018
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo continues to encourage sea toll programs to increase export and logistics  business in Indonesia. Over the last three years, Widodo has expressed its efforts to tackle the issue of stubborn inefficiency in logistics in the country. Widodo has vowed to turn Indonesia into a global maritime axis partly...
JAKARTA (TheInsiderStories)—The terrorist attacks may cause a short-term shock to the stock market, but it has limited impact on the long-term investments. The investors are more concerned with macroeconomic data and fundamental investment climate. Indonesia, the world’s largest Muslim country, was hit by series of terrorist attacks recently. Last week,...
JAKARTA (TheInsiderStories) - Last Tuesday, Indonesia’s (Baa2 stable) government bond spiked by nearly 30 basis points to 7.3 percent, but retreated to 7.2 percent at the end of the week, while the currency, the rupiah, extended its decline for the third consecutive month in May, depreciating 4.1 percent since the start...
JAKARTA (TheInsiderStories)—The publicly listed retailers saw a slow growth due to low purchasing power in the first quarter of 2018. Based on data from the Central Bureau of Statistics, the growth of public consumption, the backbone of Indonesia’s economy, was recorded only at 4.95 per cent in the first quarter...
JAKARTA (TheInsiderStories) - In order for the chemical industry to achieve its designated objective as one of the five priorities in the Industry 4.0 Roadmap, the government must acknowledge that basic but sustained improvements on the part of policies would have a significant impact. Chemical, along with food and beverages,...
JAKARTA (TheInsiderStories) - The weakening trend in the Indonesian currency rupiah against the U.S Dollar has occurred since several weeks ago. Governor of Bank Indonesia (BI) Agus Martowardojo said, the psychological level for the local currency at the level of Rp14,000 and the Central Bank will take On Wednesday ((09/04), rupiah in...
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) - Japan's current account surplus rose 4.2 percent year on year (y/y) to JPY3.1 trillion (US$285 billion) on a non-seasonally adjusted basis in March. The surplus jumped 84.0 percent from the previous month to JPY1.8 trillion on a seasonally adjusted basis, thanks largely to the end of disruption...
JAKARTA (TheInsiderStories)--The electronics industry is one of the priority industries to be developed by Indonesian government under the national program of “Making Indonesia 4.0”, which was formally launched by President Joko Widodo recently. The other four sectors are automotive, chemicals, textiles, and food & beverages. “Making Indonesia 4.0” program was...
JAKARTA (TheInsiderStories) - United State President Donald Trump decision to terminate the participation in the Joint Comprehensive Plan of Action (JCPOA) with Iran and re-imposing sanctions lifted under the deal threatens global community. This leaves the country with no agreement, and leaves the rest of the world like the United Kingdom, France,...

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...