JAKARTA (TheInsiderStories) - Chinese President Xi Jinping will make a state visit to Europe starting this week in an effort to increase trade relations while trying to end a trade war with the United States (US). He would travel to France, Italy and Monaco from March 21 to 26. "The invitation...
JAKARTA (TheInsiderStories) - Japan’s trade balance turned to a surplus of JPY 339 billion (US$ 3.0 million) in February on a non-seasonally adjusted basis, following four consecutive months of a deficit. On a seasonally adjusted basis, the balance also turned to a surplus of JPY 116 billion, after recording...
JAKARTA (TheInsiderStories) – Protectionism and trade war are the most real threats to the world economy today, said International Monetary Fund (IMF). Caused of the facts, the Fund cut its global economic growth forecast in 2019. The IMF predicts this year' global economic growth of 3.5 percent, lower than 2018 at...
US, Asia Makes Global Economic Disruption, says Analysts
JAKARTA (TheInsiderStories) – The biggest source of disruption to the global economy in 2019 might come from various technologies being developed in Asia and the United States (US), said an analyst. The rise of Artificial Intelligence (AI) technology and industry had encouraged the creation of a global economic disruption,...
Bank of Japan Maintains Negative Interest Rate
JAKARTA (TheInsiderStories) – Bank of Japan (BoJ) maintained a negative interest rate of minus 0.1 percent, even though Japanese politicians demanded rate increase, based on its written statement. In the monetary policy meeting, the central bank also decided to purchase Japanese government bonds (JGBs) to keep the 10-years yields will...
US Jobless Rise Slightly, China's Slowdown Hit its Workers
JAKARTA (TheInsiderStories) – The number of Americans filling out jobless benefits increased by 6,000 to 229,000 which ended March 9 from the previous week unrevised level of 223,00. While, in its trade, China' economic slowdown hit its workers severely to being laid off and received a low salary, said an...
Indonesia's Phapros Conducts Right Issue $71.42M in 2nd Half of 2019
JAKARTA (TheInsiderStories) – PT Phapros Tbk (IDX: PEHA) planned to conduct a rights issue with a target of Rp1 trillion (US$71.42 million) in the second half (2H) of 2019 by releasing 20 percent of the total listed shares, according to the management today. President Director of Phapros Barokah Sri Utami...
Fitch Ratings Reaffirmed Indonesia' Rating on Investment Grade Level
.JAKARTA (TheInsiderStories) – Fitch Ratings on its report, reaffirmed Indonesia's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' or investment grade with a Stable Outlook. On September 2, 2018, Fitch also maintained Indonesia's rating on the Investment Grade level. According to Fitch, some of the key factors supporting this decision...
JAKARTA (TheInsiderStories) - United Kingdom (UK) lawmakers backed delaying the Brexit process. Members of Parliament (MPs) voted to allow a short delay to the planned from the European Union (EU), a day after they rejected a no-deal Brexit. The House also overwhelmingly rejected calls for a second referendum. MPs voted...
Indonesia Reaches Trade Surplus US$0.33 B in February
JAKARTA (TheInsiderStories) – Indonesia' trade balance in February 2019 has a surplus of US$330 million. This was caused by the increase in the value of exports which reached $12.53 billion, while the value of imports dropped by 18.61 percent to $12.20 billion. Decreased of import was due to the decline in oil...

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Insight: The Indo-Pacific Cooperation's Significance for Indonesia

Insight: The Indo-Pacific Cooperation’s Significance for Indonesia

JAKARTA (TheInsiderStories) – Indonesia held a High-Level Dialogue on Indo-Pacific Cooperation (IPC) in Jakarta on March 20, 2019, with the theme "Towards a Peaceful,...
Indonesia Initiates Indo-Pacific Cooperation to Maintain Economic Stability

Indonesia Initiates Indo-Pacific Partnership to Maintain Economic Stability

JAKARTA (TheInsiderstories) – In the midst of various global economic uncertainties, Indonesian government sees the importance of the Indonesia-Pacific region partnership that is home to...
Bank of Japan Maintains Negative Interest Rate

Japan February Inflation Rate Weaker than Estimated

JAKARTA (TheInsiderStories) - Statistics Japan shows that the country' annual inflation lowered to 0.7 percent in February from 0.8 percent in a month earlier....
PM May and EU Parliament Gets “Two New Deadlines” after Crisis Talks

May, EU Parliament Sets New Deadlines for Brexit

JAKARTA (TheInsiderStories) – European Union (EU) Parliament finally gave a two-tier extension for United Kingdom (UK) Prime Minister Theresa May' Brexit planned by softening the...
Boeing Suspends the Operations of 371 MAX 737 Aircraft

Two Indonesia’s Airlines Cancels Boeing Purchase Plans

JAKARTA (TheInsiderStories) - Two flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) and PT Lion Mentari Airlines had canceled Boeing 737 Max 8 booking. The...

Moody’s Revises Indosat Ooredoo’s Outlook to Negative

JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same...