JAKARTA (TheInsiderStories) - The Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 2 to 2-1/4 percent in the September meeting. Stock markets reacted badly on the decisions and experienced sold off. Based on the Fed announcement on Nov. 8, FOMC rated that the...
Indonesia's Forex Reserves US$123B in February
JAKARTA (TheInsiderStories) - Warning for Indonesia. The country's current account deficit (CAD) exceeds is safe limit in the third quarter (3Q) of 2018. The central bank (BI) reported Indonesia's CAD recorder of US$8.8 billion or 3.37 percent of gross domestic product (GDP) in 3Q, higher than the previous quarter's deficit...
JAKARTA (TheInsiderStories) — Indonesian oil and gas investment for upstream far from its target. According to official data, until third quarter (3Q) of 2018, investment in upstream business was US$8.76 billion, only 61.69 percent of the $11.2 billion target. Some of the investment realizations are $18 million drilling, US$ 212...
JAKARTA (TheInsiderStories) - Residential Property Price Index (RPPI) in the primary market lowered in the third quarter (3Q) of 2018, said Bank Indonesia (BI) today (09/11). The index recorded 0.42 percent in the 3Q of 2018 from the previous quarter 0.76 percent. In 4Q, the house prices are expected to start...
JAKARTA (TheInsiderStories) - In the 5th Ministerial Meeting Council of Palm Oil Producing Countries (CPOPC) in Malaysia, the country members agreed on taking some strategic steps against discriminative campaign over palm oil products. The organization said will not participate on Indirect Land Use Change workshop which is part of European Union’s event...
JAKARTA (TheInsiderStories) - State-owned mining holding PT Indonesia Asahan Aluminium (Inalum) has sold multi-tranche Senior Unsecured Notes US$4 billion on Thursday (08/11), said sources closed to the deal. The proceeds will use to finance the short term loans from Bank of Tokyo Mitsubishi. The management of the company deny to comment...
JAKARTA (TheInsiderStories) - Japan's private machinery orders excluding volatiles – a leading indicator of capital expenditure – fell 18.3 percent in September compared to previous month (month on month/MoM) following two consecutive months of increase. Orders from both manufacturers and non-manufacturers declined 17.3 percent and 17.1 percent (MoM), respectively,following two consecutive months...
JAKARTA (TheInsiderStories) - PT Angkasa Pura II (AP II), Indonesian airport operator, offered two series Rupiah bond as much as Rp750 billion (US$50.68 million), said the company today (08/11). The funds from these bonds will be used for business development. Based on the company's statement, the bonds are divided into Series...
JAKARTA (TheInsiderStories) - Indonesian Government will ratify seven bilateral trade agreement in the ASEAN, ASEAN+, and one Free Trade Agreement (FTA). The ratification will be stipulated through a Presidential Regulation. Those are First Protocol to Amend the AANZFTA Agreement, Agreement on Trade in Services under the ASEAN-India FTA (AITISA), Third Protocol to...
JAKARTA (TheInsiderStories) - Indonesia's foreign exchange reserves the end of October 2018 stood at US$115.2 billion, higher than previous month at $114.8 billion, said Bank Indonesia today (07/11). The foreign exchange (forex) reserve asset position was equivalent to financing of 6.4 months of imports or 6.2 months of imports and servicing of...

Latest article

Indonesian Election: Subianto – Uno Declares Victory

JAKARTA (TheInsiderStories) - Prabowo Subianto and Sandiaga Salahuddin Uno declare a victory as a president and vice president of Indonesia. The pair give the declaration at...
Insight: Indonesia’s Incredible Challenge Elections

The Opposition Complains Quick Count Surveys to Election Commission

JAKARTA (TheInsiderStories) – The results of a quick count of survey institutions on the 2019 Presidential Election were long tails. Today, Prabowo Subianto -...
Indonesia's Oto Multiartha to Issue US$71M Bond

Indonesia’s Oto Multiartha to Issue US$71M Bond

JAKARTA (TheInsiderStories) — Amid the uncertainty of Indonesia’s election and global economic turmoil, capital market is still a preferred choice to get source of...

Singapore’s Al Falah Investment will Acquires 50.3% Bank Muamalat Shares

JAKARTA (TheInsiderStories) – Indonesian businessman Ilham Habibie through his company Al Falah Investments Pte. Ltd. will become the controlling shareholder of PT Bank Muamalat...

China’s Economy Rises Supported by Industrial, Revenue Escalations

JAKARTA (TheInsiderStories) – China's economy showed positive signs in the first quarter (1Q) of 2019, supported by industrial growth, accelerated revenue and lower unemployment....
Widodo-Amin Emphasizes Equitable Economic Development

Moody’s: The Victory of Quick-Poll’s Widodo-Amin Gives Hope to Sustainable Development

JAKARTA (TheInsiderStories) – Moody's Investors Service stated that the quick poll results so far indicate a second term for incumbent President Joko Widodo. This...