Indonesia’s ten-Parties Predicts Unqualify in 2019 General Election
JAKARTA (TheInsiderStories) – An Indonesian credible media, Kompas through its Research and Development Agency survey on Feb. 22 to March 5, 2019 showed that there were ten political parties participating in the 2019 General Election threatened not to pass the Parliament's threshold of 4 percent. The five parties among...
Indonesian Bank to Maintain Benchmark Rate at 6% and Implements Mix-Policy
JAKARTA (TheInsiderStories) – Bank Indonesia (BI) decided to keep the benchmark 7-Day Reverse Repo Rate (DRR) at 6 percent, based on the latest economic conditions, said senior officer today. Governor of BI Perry Warjiyo said that the decisions taken were consistent with efforts to strengthen external stability, especially controlling the...
Indonesian Election: Opposition Promises Buy-back Indosat
JAKARTA (TheInsiderStories) - Indonesia candidate for opposition vice-president Sandiaga Salahuddin Uno is determined to buy back the shares of PT Indosat Tbk (IDX ISAT), which is currently controlled by the Qatar telecommunications company because it was sold by the Indonesian government in 2003. This effort was made to perfect...
JAKARTA (TheInsiderStories) – PT Matahari Departement Store Tbk (IDX: LPPF) will buyback shares that have been issued by the company and are listed on the Indonesia Stock Exchange (IDX). The total value prepared for the buyback and additional buyback is US$100 million or Rp1.4 trillion. Based on information disclosure from...
East Asia Bond Market: Expands But Concerns Persist
JAKARTA (TheInsiderStories) - Local currency government bond yields in emerging East Asia trended downward between 28 December 2018 and Feb. 15, 2019, according to the latest Asia Bond Monitor. Otherwise, bond yields edged lower partly driven by expectations that the United States Federal Reserve will slow its pace of...
JAKARTA (TheInsiderStories) – The Federal Reserves (Fed) maintains a target range for the federal fund level at 2.25-2.5 percent during the March 19-20 meeting, said an official statement on Wednesday (03/20). The central bank maintained its benchmark rate since January of this year. The Federal Open Meeting Committee (FOMC) also...
Indonesia Plans to Establish Transportation Agency
JAKARTA (TheInsiderStories) – Indonesian government plans to establish an agency to integrate the transportation mode in Jakarta and surrounding areas. The new planned is expected to solve the traffic problem in Jakarta, Bogor, Depok, Bekasi an Tangerang. Governor of Jakarta Anies Baswedan revealed, the establishment of a special agency is under...
JAKARTA (TheInsiderStories) - Mobilkamu, Indonesia’ online platform for new car buying, has secured an undisclosed amount of Series A investment led by East Ventures, Genesia Ventures, and Denali Venture Partners, said the company yesterday (03/21). Founded by Wilton Halim from Indonesia and two other founders from Australia and Brazil, they...
JAKARTA (TheInsiderStories) – Gunfire between the police and the Armed Criminal Group again occurred in Nduga Regency, Papua, on Wednesday (03/20). As a result, one policeman died and two were injured, currently being treated at the local hospital. Based on information obtained from the Papua Regional Police, the incident occurred...
Insight: Indonesia' Digital Business Needs Guaranteed by Adequate Regulation
JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) claims there are three new startup companies that will conduct an initial public offering (IPO) this year. There were two startup companies had been listed at IDX, PT Yeloo Integra Data Net Tbk (IDX:YELO) and PT Kioson Komersial Indonesia Tbk (IDX:KIOS). "We also...

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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...