Fitch Ratings Reaffirmed Indonesia' Rating on Investment Grade Level
SINGAPORE (Fitch) - The swift conclusion of Indonesia's 2100MHz and 2300MHz spectrum auctions is likely to provide greater clarity for both the telecommunications and tower sectors, says Fitch Ratings. On 30 October 2017, the Ministry of Communications and Information Technology announced second-largest telco PT Indosat (Indosat, BBB+/Stable) and fourth-largest PT...
JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Foreign Direct Investment Edges Up in Q3 Indonesia recorded a slight increase in foreign direct investment in July-September, compared to the previous quarter, according to data released by the National Investment Coordinating...
JAKARTA (TheInsiderStories) – Indonesia’s economy remains in a ‘normal’ condition as shown by a number of indicators, including low inflation environment, strengthening stock market, modest lending growth and relatively stable exchange rate. The statement was made by the Financial System Stability Committee (FSSC) based on a quarterly assessment of the...
JAKARTA (TheInsiderStories) – Wimboh Santoso, new Chairman of Indonesia's Financial Services Authority (FSA) has declared he will elevate the regulator to its next level: deepening the market. During his campaign, Wimboh revealed that his office will not only strive to maintain overall financial stability, facilitating the intermediation of banking sector and...
JAKARTA (TheInsiderStories) – Indonesia’s Ease of Doing Business (EODB) for 2018 has jumped by 19 points to 72, however, President Joko Widodo said the ranking was not enough. “I have told the Coordinating Minister for the Economy (Darmin Nasution) that I don’t want the ranking at only 72. The target...
JAKARTA (TheInsiderStories) - Indonesia has made significant progress in its business climate as measured by the ‘Ease of Doing Business’ (EODB) global ranking for 2018, issued by World Bank on Wednesday (Nov. 1). The latest EODB ranking shows Indonesia is amongst the world’s top 10 reformers. In this year’s ease...
Indonesia Post Deflation 0.08% In February 2019
JAKARTA (TheInsiderStories) – Indonesia recorded a slight increase in its inflation in October, up 0.01 per cent over the previous month, with Consumer Price Index (CPI) recorded at 130.09, driven by a rise in processed food and housing products, Statistics Indonesia has confirmed. In September, the CPI was recorded at...
JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Raknamo Dam to be Completed by End of 2017 The Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that the construction of Raknamo Dam in East Nusa Tenggara will be completed by...
JAKARTA (TheInsiderStories) – Publicly-listed consumer goods giant PT Indofood Sukses Makmur Tbk (IDX:INDF) posted slowing growth of net profit in the nine months to September of this year. Indofood reported net profit of Rp3.28 trillion up to 3Q17, growing just 1.2 per cent from the same period in 2016, at Rp3.24...
The Middle East's oil producers are bracing for continued pressure from lower oil prices, with the International Monetary Fund projecting cumulative budget deficits of $320 billion over the next five years, according to a new report released on Tuesday. Approximately half of that amount - or $160 billion - will...

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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...