JAKARTA (TheInsiderStories) – China posted a current account surplus of US$54.6 billion in the fourth quarter (Q4) of 2018, a 134.3 percent increase from the previous quarter, said senior economist at IHS Markit Yanjun Lin, on Tuesday (02/19). The improvement in the current account balance was mainly driven by an...
Moody's Revises Bumi Resources' Ratings Outlook to Negative
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B3 corporate family rating (CFR) for PT Bumi Resources Tbk (IDX: BUMI). At the same time, Moody's has affirmed the B3 rating on the Series A and Caa1 rating on the Series B senior secured notes due 2022 issued by BUMI' wholly owned subsidiary,...
Indonesia' Maybank will Issue Bonds of US$ 71.42 M
JAKARTA (TheInsiderStories) - Local lender, PT Bank Maybank Indonesia Tbk (IDX:BNII) plans to issue bonds  around Rp1 trillion or US$71.42 million in second half of this year. In October last year, the bank has issued bonds with same amount. Maybank' president director Taswin Zakaria told reporters on Tuesday (02/19), the issuance...
Insight: Questioning Trump's Denuclearization Commitment
JAKARTA (TheInsiderStories) – United States (US) is considering setting up a diplomatic office in North Korea, a symbolic move that could show how relations between Washington and Pyongyang have seriously begun to thaw while the two sides negotiate to curtail Pyongyang’s nuclear and missile forces, according to a Trump...
JAKARTA (TheInsiderStories) - Trans Corpora (Trans Corp), unit of conglomeration company CT Corpora (CT Corp) get loans US$275 million from International Finance Corporation (IFC), to support the business development of in retail, tourism and property sectors throughout Indonesia. In a written statement on Monday (02/18), IFC said, that the investment would be used...
JAKARTA (TheInsiderStories) - Indonesian government will review import tax after get protest from the importers. The import tax on more than a thousand products is considered giving negative impact, especially for importers who use the products to be exported, the associations said. Last year, the government revealed a list of 1,147 items slapped...
JAKARTA (TheInsiderStories) – Indonesian energy producer, PT Pertamina Hulu Energi (PHE) to manage the Maratua Working Areas located in Berau District, East Kalimantan Province, after signed the Cooperation Contract of Production Sharing  with the Special Work Unit and Oil and Natural Gas signed in Jakarta, on Monday (02/18). According to Managing...
JAKARTA (TheInsiderStories) – Indonesia Energy and Mineral Resources (EMR) ministry just signed an agreement over the third stage of oil and gas blocks auction. The agreement was signed by Special Task Force for Upstream Oil and Gas Business Activities chief Dwi Sutjipto and the blocks contractors on Monday (02/18). The...
JAKARTA (TheInsiderStories) – State-owned port operators, PT Pelabuhan Indonesia (Pelindo) I, II, III, and IV signed a framework of implementing Equipment Sub-holding Transformation Board for Pelindo Incorporated in Jakarta, on Monday (02/18). The transformation board will work to ensure the plan to form Pelindo Incorporated in the near future. Pelindo...
JAKARTA (TheInsiderStories) - Indonesia' Financial Service Authority (FSA) planned to establish investor protecting body in order to shield retail investors, said the official on Monday (02/18). The reasoned, many investors faced difficulties to claim loss after get recommendation from the fund manager. The agency has an idea from United States (US) experienced...

Latest article

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...