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Insight: Indonesia Concern to Develop Electric Car

JAKARTA (TheInsiderStories) – The Indonesian government is taking the necessary steps toward developing and producing electric vehicles in the future. The policy laws should...

Indonesia’s Pertamina to Develop Its Biggest Refinery with Oman Company

JAKARTA (TheInsiderStories) — Indonesia’s state-owned energy producer, PT Pertamina will co-operate with an Oman company, Overseas Oil & Gas (OOG), to develop a new...

Japan’s Downside Revision to Q3 Real GDP May Indicate Slower Growth in 2018

Jakarta (TheInsiderStories) - Japan’s real GDP growth in the third quarter (Q3) was revised down to a contraction of 0.6 percent quarter to quarter (q/q,...

China’s CPI Falls on Lower Vegetable and Oil Prices in November

JAKARTA (TheInsiderStories) - According to the National Bureau of Statistics, China's consumer price index (CPI) increased by 2.2 percent year on year (y/y) in November,...

Indonesia’s Galang Batang SEZ in Riau Officially Operating

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Darmin Nasution, last Saturday, inaugurated Galang Batang Special Economic Zone (SEZ) in Bintan, Riau Islands Province. The Development and...

OPEC Cuts Oil Productions 1.2 Million Barrels per Day

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC has agreed to cut oil production amid United States (US) President Donald Trump to...