JAKARTA (TheInsiderStories)- Indonesia recorded Consumer Price Index (CPI) of 0.69 percent in June 2017, driven by the increase of commodity price during Ramadhan to Eid al-Fitr, Central Bureau of Statistics (BPS) reported. Last month the CPI recorded 0.39 percent. "Inflation occurs due to the spike in commodity prices during Ramadhan...
Rajiv Biswas, Asia Pacific Chief Economist, IHS Markit Key Points: ·         US President Trump stated on 30 June at a press briefing at the White House alongside South Korean President Moon Jae-in that the US policy of strategic patience with North Korea had failed and that patience is over. ·         President Trump’s...
JAKARTA (TheInsiderStories) - Ministry of Transportation issued Ministerial Decree No. 26/2017 on the online tariff rates that come into effect on July 1, 2017. The Minister Budi Karya Sumadi said he wants the online transportation tariff equal to the existing transportation. "Online transport is a necessity, therefore we want online transport to...
JAKARTA, July 02 (Fitch) The closure of 7-Eleven convenience stores in Indonesia is not evidence of industry-wide problems, but reflects circumstances peculiar to the franchise, Fitch Ratings says. The agency believes the closure of the stores by its master franchiser PT Modern Internasional Tbk (Modern Internasional) underscores the risk of...
Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit Key Points: Since Hong Kong’s handover back to China on 30 June 1997, Hong Kong’s economic role in the region has faced significant challenges due to the ongoing decline of its relative competitiveness as a manufacturing hub and competition from mainland...
Singapore, June 29, 2017 -- Moody's Investors Service has assigned provisional (P)Baa3 senior unsecured debt ratings to the USD and/or EUR-denominated bonds to be issued under the Government of Indonesia's (Baa3 positive) $50 billion global medium-term note (MTN) programme. Moody's expects to remove the provisional status of the rating upon the closing of the...
JAKARTA (TheInsiderStories) - Alibaba Group Holding Ltd., increasing its ownerships in Southeast Asia's Lazada Group S.A unit. The company set up funds up to US$1 billion to increase its share in the e-commerce player from 51 percent to 83 percent. Alibaba said it will buy stakes of certain Lazada shareholders at...
JAKARTA (TheInsiderStories) - The current positive development on the economy prompts the management of Indonesia Stock Exchange (IDX) to be brave in unveiling some initiatives for capitalizing the upside potential in the stock market. TheInsiderStories try to capture IDX's president director Tito Sulistio perspective about the future of Indonesia capital market. He noted that...
Rajiv Biswas, Asia Pacific Chief Economist for IHS Markit   Key Points: After President Duterte’s first year in office, the Philippines economy is continuing to grow strongly. IHS Markit forecasts that the Philippines economy will grow at a pace of 6.4% in 2017, followed by 6.3% growth in 2018. The Duterte...
JAKARTA (TheInsiderStories) - PT Modern International Tbk (IDX: MDRN), a seven eleven (7-Eleven) franchise provider in Indonesia, closed its operation in the country following the failed sale of shares to PT Charoen Phokpand Indonesia Tbk (IDX: CPIN). Charoen through its subsidiary PT Charoen Pokhpand Restu Indonesia (CPRI) on April 19, 2017,...

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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...