JAKARTA (TheInsiderStories) - The Leaders of the 21 APEC member economies issued the Da Nang Declaration following the 25th APEC Economic Leaders Meeting chaired by Viet Nam President Tran Dai Quang, reaffirming their commitment to attain sustainable growth and prosperity in the region. The Da Nang Declaration, entitled "Creating New...
Integration in Asia Pacific JAKARTA (TheInsiderStories) – The ministers from the 21 APEC member economies issued joint statement on Saturday, reinforcing the profile of APEC as a driver of economic growth and integration in the Asia Pacific. The joint statement issued ahead of the meeting of APEC leaders, who are...
JAKARTA (TheInsiderStories) - The Asia Pacific Economic Cooperation (APEC) Senior Officials Meeting have completed an agreement on several issues including food security and sustainable agriculture, inclusive and innovative sustainable growth, regional economy integration as well as strengthening micro, small, and medium enterprise (MSEMs) competitiveness and innovation. The agreements are aimed at strengthening the economic integration agenda, such as APEC...
JAKARTA (TheInsiderStories) - Indonesia’s Balance of Payments (BOP) surplus surged in the third quarter of 2017 from previous quarter, supported by narrowing current account deficit and mounting capital and financial account surplus, Bank Indonesia data shows on Friday (Nov. 10) The BOP surplus in the third quarter stood at US$5.4...
JAKARTA (TheInsiderStories) – Visiting South Korean President Moon Jae-In on Thursday (9/11) witnessed the signing of 12 investment memorandum of understanding (MoU) covering various sectors including water supply, low-cost house and power plants potentially valued at up to US$2 billion. The agreements were signed prior to the start of a...
JAKARTA (TheInsiderStories) - Good Morning. We provide several important news items that might help your business decisions today, as follows: Indonesian Car Sales Rose 2.5% in October Indonesia's car sales in October rose 2.5 per cent to 94,461 units compared with a year ago, the Indonesian automotive industry Gaikindo said on Thursday. The...
JAKARTA (TheInsiderStories) - Chinese President Xi Jinping and his U.S counterpart President Donald Trump witnessed the signing of deals worth US$253 billion, making the US head of state’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of agreements struck. “The...
JAKARTA (TheInsiderstories) – State-owned toll road operator PT Jasa Marga Tbk (IDX:JSMR) has the opportunity to become the majority owner of the Trans-Java toll roads that stretch from the western tip of Java to East Java, by buying the newly-operated toll roads being divested by PT Waskita Karya Tbk...
Deal valued at $1.7bn aimed at acquiring future majority ownership JAKARTA (TheInsiderStories) - Japan lenders Bank of Tokyo-Mitsubishi UFJ (BTMU) aims to buy roughly 40 per cent of publicly listed PT Bank Danamon Indonesia Tbk (IDX: BDMN) with an eye toward a future majority stake, Nikkei reported on Oct. 8. The Mitsubishi...
JAKARTA (TheInsiderStories) - Prospective Indonesian economic growth in the fourth quarter is looking up, thanks to rising prices of commodities and improvement in the global economy, according to Bank Indonesia (BI). In its official statement, the central bank stated that investment will also increase in line with rising exports in the fourth quarter, following acceleration of economic...

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Ophir Shareholders Accepts Indonesia’s Medco Proposal

JAKARTA (TheInsiderStories) – British energy producer, Ophir Energy Plc finally agreed on PT Medco Energi International Tbk (IDX: MEDC)’ offers, after months of negotiations....

Insight: Measuring Brexit Impact on Indonesian Economy

JAKARTA (TheInsiderStories) - Brexit crisis deepens amid the delay of implementation and no light yet over how the agreement would end. Presenting the spirit...
Indonesia Targets Honda Motor’s Exports worth US$1.8 B in 2021

Honda Motor Targets Exports US$1.8B from Indonesia in 2021

JAKARTA (TheInsiderStories) – One of the car maker in Indonesia, PT Honda Prospect Motor (HPM) eyes export with worth of US$1.8 billion in 2021, said...

LIPI Calls the Potential of Very Large Voter Migration

JAKARTA (TheInsiderStories) - Researcher from Lembaga Ilmu Pengetahuan Indonesia (LIPI), Aisyah Putri Budiatri, reminded the potential for voters migration ahead of the election day on...
Widodo-Amin Combines Java, Subianto-Uno Attracts Sub-Urban Voters

Widodo-Amin Combines Java, Subianto-Uno Attracts sub-Urban Voters

JAKARTA (TheInsiderStories) – Public campaign for 2019 President and Vice President candidates has entered its second day on Monday (03/25). If the Joko Widodo-Ma'ruf...
Indonesian Minister of Agrarian Reported to Police

Minister Agrarian of Indonesia Reported to Police

JAKARTA (TheInsiderStories) - A number of non-profit organizations incorporated in the Civil Society Coalition reported the Indonesian Minister of Agrarian Spatial Planning Sofyan Djalil...