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JAKARTA (TheInsiderStories) - Good morning. China may no longer content only with retaliatory measures in the escalating trade war with the the United States (US) and could soon go on an offensive as the President Donald Trump is set to announce more tariffs on Chinese goods worth $200 billion. The offensive...
JAKARTA (TheInsiderStories) – Indonesia' Supreme Court has ruled in favor of petitioners of a lawsuit against  the General Election Commission (GEC) Rules Number 20 Year 2018 that bans former graft convicts to be nominated again as members of parliament. By the ruling, former graft convicts have chances to fight for...
Moody's to Revise Gajah Tunggal's Outlook to Negative
JAKARTA (TheInsiderStories)--Indonesian tyre producer, PT Gajah Tunggal Tbk (IDX: GJTL) partnering with Inoue Rubber Co., Ltd. (IRC), a subsidiary of Japan’s Inoac Corporation set up tyre plant in Tangerang, said the company on August 1. Both companies has set up joint venture company namely PT Gajah Tunggal IRC Manufacturing Indonesia,...
JAKARTA (TheInsiderStories) - A growing number of small businesses say they are looking to interact with their insurers online, with 36 per cent saying they will buy online in the near term, and 48 per cent within five years, according to PwC latest survey. The findings are from a survey...
JAKARTA (TheInsiderStories) - Indonesia's Vice Presidential hopeful Sandiaga Uno hoped that there will be no uproar until the Rupiah exchange recover. He  does not want that Indonesian situation getting worse like the economic condition of other countries. "We asked the politician to shut up first. We do not want that Indonesian situation...
JAKARTA (TheInsiderStories) - Indonesian government prepares Rp420.5 trillion (US$29.41 billion) for infrastructure projects in 2019 State Budget, said Finance Minister on Thursday (16/08). The amount higher 2.46 percent compared to this year targets with amount of Rp410.4 trillion. Sri Mulyani Indrawati told reporters at the press conference on 2019 State Budget,...
JAKARTA (TheInsiderStories) - Former Indonesian President Susilo Bambang Yudhoyono also known SBY, said that he felt defamed by a report of Hong Kong based media Asia Sentinel on PT Bank Century Tbk (IDX: BCIC) case. The Chairman of Demokrat Party urged he will determined to pursue the libel up to...
JAKARTA (TheInsiderStories) - World real gross domestic product (GDP) growth is projected to hold steady at 3.3 percent this year before easing to 3.2 percent in 2019 and 3.0 percent in 2020, said Chief Economist Nariman Behravesh and Sara Johnson, the executive director, Global Economics of IHS Markit in their latest...
JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Sirius Minerals Signs Asia Sales Agreement London-based fertilizer producer Sirius Minerals has announced an exclusive resale deal with PT Chemical Indonesia, a subsidiary of Singapore-based Wilmar Group, for its key POLY4 nutrient products....
by Hugo Erken and Bjorn Giesbergen from Rabobank Without China’s economic lifeline, the North Korean economy would go off a cliff Although China has been scaling down on imports from North Korea, which suggest China respects the sanctions imposed by the UN Security Council, China so far has continued...

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Indonesia 2020’s State Budget Aims More Export, Investment Stimulus

Indonesia 2020’s State Budget Aims More Export, Investment Stimulus

JAKARTA (TheInsiderStories) — Amid the continuing uncertainty of global economic conditions, Indonesia President Joko Widodo demands the next year’s State Budget to have high...
Bank Tahungan Negara Acquires 30% PNM Investment Management Shares

Bank Tahungan Negara Acquires 30% PNM Investment Management Shares

JAKARTA (TheInsiderStories) – A state-owned lender PT Bank Tabungan Negara Tbk (IDX: BBTN) bought 30 percent or 33,000 shares of PT Permodalan Nasional Madani...
Morgan Stanley: Indonesia to Continue Economic Reform under Widodo's Second Term

Morgan Stanley: Indonesia to Continue Economic Reform under Widodo’s Second Term

JAKARTA (TheInsiderStories) – An international financial institution Morgan Stanley, projected that the quick polls victory of incumbent Joko Widodo-Ma'ruf Amin against the contender of...

PSN Consortium Wins US$1.5B Indonesia’s Satellite Multifunction Project

JAKARTA (TheInsiderStories) – Indonesian government has won PT Pasifik Satelit Nusantara (PSN) consortium as the winner of the Government Multifunctional Satellite auction with worth of US$1.5 billion....
Trade Agreement, Just Pragmatic Choices of the Government?

US, China Working to Signs New Trade Agreement

JAKARTA (TheInsiderStories) - United States (US) and China plan to hold a new round of negotiations later this month, according to officially reported last...

Indonesian Stock to Watch on Monday, April 22

JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed up 0.40 percent or 25.68 points to 6,507.22 on Thursday (04/18) from the prior day which...