JAKARTA (TheInsiderStories) - The United States Department of Commerce confirmed on Wednesday evening its preliminary finding that Argentina and Indonesia engaged in dumping of biodiesel and imposed dumping duties ranging from around 60 to nearly 277 per cent. The department found that biodiesel imports from Argentina and Indonesia are sold...
by Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit The decision by the CPC at the 19th National Congress to incorporate the Belt & Road Initiative into its constitution helps to further reinforce the long-term commitment of China to its economic development initiatives with the 68 partner countries that are...
JAKARTA (TheInsiderStories) - Indonesian police have shot dead more than 70 people in an escalating crackdown on what they have called ‘petty criminals’ in the lead-up to the country’s hosting of the 2018' Asian Games, said Amnesty International Indonesia on Monday (20/08). Between January and August this year, at least...
JAKARTA (TheInsiderStories) – Good morning; here we provide several pieces of important news that might help your business decisions today: Indonesian retail rose 3.7% in 1H Indonesia’s retail industry growth stood at 3.7 percent as of the end of the first half of 2017, said the Indonesia Retail Business Association (Aprindo) chairman Roy...
JAKARTA (TheInsiderStories)--Moody's Investors Service said four Indonesia's companies namely PT MNC Investama Tbk (IDX: BHIT, B3 negative), PT Gajah Tunggal Tbk (IDX: GJTL, B2 stable), PT Lippo Karawaci Tbk (IDX: LPKR, B2 negative), and PT Alam Sutera Realty Tbk (IDX: ASRI, B2 stable) are most exposed to currency depreciation...
JAKARTA (TheInsiderStories)--Indonesia's investment will grow above 7 percent growth in the second semester of this year as the presidential candidates nominations cleared uncertainties for investors, said Coordinating Minister for Economic Affairs Darmin Nasution on Friday (8/8) Nasution said investors previously wait and see to pour investment toward the presidential election. However,...
KARAWNG (TheInsiderStories)—Part of black box of Lion Air Indonesia JT-610 has been founded after four days search, said Transportation Minister Budi Karya Sumadi on Thursday (01/11). The black box found in complete physical condition. He added, the black box will deliver from Karawang waters to Tanjung Priok before handover to Transportation...
JAKARTA (TheInsiderStories) - PT Matahari Department Stores Tbk (IDX: LPPF) announces Rp1.25 trillion (US$86.21 million) share buyback program, said the company on Wednesday (29/08). It said, buyback program may result in purchase of up to 7 percent of the company’s common shares The retail platform company to buy the shares at...
JAKARTA (TheInsiderStories) — To boost capacity production, state-owned steel maker PT Krakatau Steel Tbk (IDX: KRAS) aimed to acquire three local steel companies that have been stopped operating, said the chief executive today (01/04). The company will joined state-owned construction firm to reached those targets. Krakatau Steel has cooperations with...
JAKARTA (TheInsiderStories) - After extended for couple months, again Indonesia will extend the special mining permit for PT Freeport Indonesia (PTFI) for another month to September, senior official told reporters on Wednesday (29/08). According to the Energy and Mineral Resources (EMR) Minister Ignasius Jonan the permit will be renewed every month. Just...

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Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

Indonesia Gets Inflows of Foreign Capital Worth of US$ 3.27B

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) noted that the inflows of foreign capital to the Indonesian market until Feb. 21, 2019 reached Rp 45.9...
US-China Trade Battle Hits Global GDP as Negative for 2-3 Years

US-China Trade Battle Hits Global GDP as Negative for 2-3 Years

JAKARTA (TheInsiderStories) – The ongoing trade battle between the United States (US) and the China presents obstacles to global manufacturing and international trade that...

Indonesia’s FIFAstra to Issues US$1.67M Bond

JAKARTA (TheInsiderStories) – Indonesian leasing company, PT Federal International Finance (FIF), which is known for its brand name FIFAstra, will enter capital market to issue...
Indonesia' anti-graft will Summon Samin Tan in Bribery Case

Indonesia’ anti-graft will Summon Tan in Bribery Case

JAKARTA (TheInsiderStories) – Indonesian anti-graft investigating team will summon PT Borneo Lumbung Energy & Metal owner Samin Tan to undergo a preliminary inspection following...

WTO Predicts Global Tensions Triggers Trade Weakness

JAKARTA (TheInsiderStories) – The World Trade Organization (WTO) predicted the trade tensions between the United States (US) and China, political risks and financial volatility...

Insight: Assessing Widodo’s Agrarian Reform Concept

JAKARTA (TheInsiderStories) – The five-year period of Joko Widodo - Jusuf Kalla' leadership was almost over. Since the beginning, the leaders has made agrarian...