Daniel Deha
Indonesia’s Pertamina Finds New Oil and Gas Reserves
JAKARTA (TheInsiderStories) – Indonesian energy producer PT Pertamina found two new oil production reserves and one gas reserve in the first quarter (1Q) 2019, said a senior officer on Wednesday (04/10). Furthermore, the state-owned company...
Shentonwire: Indonesia’s Indofood to Buy Indofood Agri Shares for US$289M
JAKARTA (TheInsiderStories) – Indonesian food and beverage producer, PT Indofood Sukses Makmur Tbk (IDX:INDF) offered to acquire the remaining Singapore' Indofood Agri Resources Ltd. shares worth of US$289.23 million or US$0.20 per share, it said...
US’s Fed Holds Rates, Watch the Global Economic Changes
JAKARTA (TheInsiderStories) – United States Federal Reserve policymakers hold its benchmark rate in the range of 2.25-2.5 percent and signal that there will be no more increases this year, it said on Wednesday (04/10). But,...
IMF: World Economic Growth to Recover on 2nd Half of 2019
JAKARTA (TheInsiderStories) – The world financial institution, International Monetary Fund (IMF) predicts an increase in world economic activity on the second half of 2019, said the economist on Tuesday (04/09). The recovery was supported...
Moody’s to Revise Gajah Tunggal’s Outlook to Negative
JAKARTA (TheInsiderStories) – Moody's Investors Service has changed to negative from stable the outlook on the ratings of Gajah Tunggal Tbk (IDX:GJTL). At the same time, Moody's has affirmed the B2 corporate family rating...
Moody’s: US’s Car Tariffs to Disrupt Global Trade
JAKARTA (TheInsiderStories) – The response to the imposition of United States (US) tariffs on cars and imported parts from the European Union (EU) has the potential to disrupt around US$500 billion in trade flows, Moody's...
China’s Coal Consumption Stable in 2019
JAKARTA (TheInsiderStories) – China' coal consumption is expected to remain stable in 2019, and will likely see a fair balance between supply and demand, said the official statement last week. Almost half of world coal...
IFC: Investors Appetite for Impact Investing to Reach US$26T
JAKARTA (TheInsiderStories) – Investors' appetite in "impact investing" or investments that have positive social and environmental impacts in addition to strong financial benefits can reach US$26 trillion, according to the International Finance Corporation (IFC)...
Indonesia Negotiates Palm Oil Discrimination in Brussels
JAKARTA (TheInsiderStories) – Indonesia is mobilizing all its resources to conduct international negotiations against palm oil discrimination carried out by the European Union (EU). Today (04/08), Coordinating Minister for Economic Affairs Darmin Nasution an...
David Malpass: The World Needs New Approach to Reduce Poverty in Emerging Markets
JAKARTA (TheInsiderStories) – The World Bank Executive Board has approved David Robert Malpass's victory to fill the leadership chair of financial institutions after being abandoned by Jim Yong Kim who resigned on February 1,...