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Saturday, February 24, 2018
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...
Top 10 Economic Predictions report says strong, synchronized global economy faces low risk of recession LONDON –The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011 that global growth topped 3 percent, according to an annual forecast...
Singapore -- Moody's Investors Service says that the banking systems in Asia Pacific overall show a stable outlook for 2018, but challenges are apparent in terms of long-term risks related to the high level of private-sector leverage. "Solvency metrics will be stable in most of the banking systems rated by Moody's in Asia Pacific,...
Singapore -- Moody's Investors Service ("Moody's") has assigned a definitive Baa3 rating to the senior unsecured US dollar-denominated bonds issued by the Government of Indonesia (Baa3 positive). The senior unsecured bond will rank pari passu with all of the government of Indonesia's current and future senior unsecured external debt. The proceeds of the bonds...

Latest article

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Indonesia Issues $1.25B First Green Sukuk Bond

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India Lifts Anti-Dumping Duties for Indonesian Melamine

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Govt Vows No Electricity Tariff Hike Until 2019

JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability,...