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Outdated Power Sector Threatens Indonesia’s Industry 4.0 Aspirations

JAKARTA (TheInsiderStories)--The outdated technology utilised in Indonesia's electricity sector could dent the government's aspiration to kickstart the fourth industrial revolution, also known as Industry...

Yuan Depreciation Reduces Trade War Impacts for Chinese Exporters

JAKARTA (TheInsiderStories)--the significant depreciation of the Chinese yuan against the US dollar from around CNY 6.28 in mid-February to CNY 6.80 on 20 July...

AirAsia X Orders 66 Airbus A330neo for US$296.4M

JAKARTA (TheInsiderStories) - AirAsia’s long-haul affiliate, AirAsia X, has placed an order with Airbus for an additional 34 units of A330neo widebody aircraft, said the...

Policy Review: Electricity Subsidy Swells to US$4B, Hit PLN’s Finances

JAKARTA (TheInsiderStories) - Indonesia government projected the electricity subsidies will swell to Rp59.99 trillion (US$4.18 billion) from the initial budget that has been targeted in...

Morning Briefing: BI’s Policy Not Able to Moves the Market

JAKARTA (TheInsiderStories) - Good morning. Bank Indonesia (BI) move to maintained BI 7-Day Reverse Repo Rate (BI-7DRR) at 5.25 percent does not provide fresh air to...

Bank Indonesia Keeps Policy Rate Unchanged

JAKARTA (TheInsiderStories)--Bank Indonesia decided to hold its benchmark seven-day reverse repo rate at 5.25 per cent on Thursday (19/07) to keep the Indonesian financial...