JAKARTA (TheInsiderStories) - Growth is slowing in most of the world’s key economies. At best, these economies are reverting to trend. More worrisome is the rising risk that growth will drift below trend. Perhaps an even bigger problem is that potential growth everywhere has been drifting down because of diminishing labor-force...
South Korea's Hyundai, Grab Wants to Develop Electric Vehicles in Indonesia
JAKARTA (TheInsiderStories) – The government continues to open investment taps for foreign companies that want to invest in Indonesia. One of them is by establishing business partners with Hyundai Motor Corp., a South Korean motorized vehicle company. Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan said today (02/20), Hyundai want...
JAKARTA (TheInsiderStories) - After preparing for almost three years, PT Bank Central Asia Tbk (IDX: BBCA) will soon completed the acquisition a small lender PT Bank Royal Indonesia. This year, one of the largest bank eyes two banks to be acquired. Bank Royal has established since 1965 in Bandung, West...
JAKARTA (TheInsiderStories) - Japan’ trade deficit widened faster than expected by 49.2 percent to JPY1.4 trillion (US$13 billion) in January on a non-seasonally adjusted basis. The trade deficit also expanded by 67.1 percent month on month (m/m) to JPY370 billion on a seasonally adjusted basis, marking the seventh consecutive month...
Indonesia's SMI Seeks Funding US$ 571M This Year
JAKARTA (TheInsiderStories) - Indonesian state-owned infrastructure funding company, PT Sarana Multi Infrastruktur (SMI) plans to raise Rp 8 trillion (US$ 571.42 million) in funding through SUKUK, bilateral and multilateral loans for this year, said an official yesterday. Director of Project Development and Advisory SMI Darwis Trisna Djajawinata, explained that next...
JAKARTA (TheInsiderStories) – Moody's Investors Service predicts that State SUKUK issuance to recover in 2019 and surpass record highs in 2020, following a decline of oil prices in 2018, said senior analyst and Vice President Moody’s Alexander Perjessy, on Tuesday (02/19). "We expect global SUKUK issuance to increase to US$87...
JAKARTA (TheInsiderStories) – Indonesia will start facing oil and gas deficit in 2025, according to studies. The deficit is predicted to hit its peak in 2050. To tackle the issue, government must have billion dollars working commitment towards that time. The studies stated in Indonesia Energy Balance Seminar, A Critical...
JAKARTA (TheInsiderStories) - Indonesian toll operator, PT Hutama Karya (HK) prepares investment up to Rp45 trillion or US$3.21 billion this year, said the chief executive on Tuesday (02/19). The funds will be used to support the construction of toll roads in Sumatra island. CEO of HK Bintang Perbowo explained that...
Indonesia Plans to Complete the Unclear Regulations on Agricultural VAT
JAKARTA (TheInsiderStories) – The government plans to discuss the impact of policies related to the discourse on the elimination of Value Added Tax (VAT) of agricultural products. Its hoped that these provisions will not burden farmers and industries that utilize agricultural products, so it still have fair and equitable...
Indonesia to Completes Korea's CEPA This Year
JAKARTA (TheInsiderStories) – Indonesian government continues to boost the process of ratifying trade agreements with other countries. This year, the government intends to finalize the process the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA). With this, the government targets the investment value of trade relations with South Korea to reach US$30...

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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...