JAKARTA (TheInsiderStories) — Indonesia financial market welcomed the week in the slowdown phase. Rupiah lost its energy, by decreasing 0.78 percent to 14,747 against the greenback. The local currency impairment led other emerging markets currency weakening. Followed, Jakarta Composite Index slumped 1.65 percent to 5,777.05, with Rp17.68 billion (US$12.02 million) foreign...
JAKARTA (TISIntel) – The political temperature is rising ahead of the Presidential Election contest which will take place on April 17, 2019, four months from now. The war of narratives between the two camps is getting fiercer. Commodity prices are one of the main issues that are always raised. Widodo...
JAKARTA (TheInsiderStories) - After recorded a weak investment realization, the Investment Coordinating Board proposed to the Minister of Finance and Minister of National Development Planning to slashed this year investment target from Rp765 trillion (US$51 billion) to Rp730 trillion.   The head of the investment board, Thomas Lembong said, this change was...
JAKARTA (TheInsiderStories) – Good morning! Indonesian Consumers Confidence Index in January recorded at 125.5 points, or decreased from 127 points in December 2018, central bank reported yesterday. Despite its decline, the figure is still considered in optimist level which is above 100 points. Bank Indonesia noted, the lower of consumers optimism...
JAKARTA (TheInsiderStories)--The opposition camp is expected to officially declare endorsement for Prabowo Subianto’s presidential ticket and his running mate today. After weeks of back-and-forth negotiations between presumptive members of the opposition, the list of candidates to become Subianto’s vice president has narrowed down to Agus Harimurti Yudhoyono (AHY) and Jakarta...
JAKARTA (TheInsiderStories) -Good Morning! Italy has fallen back into recession after economy shrinks by 0.2 percent. The country damaged intensifying concerns about the 19-country eurozone economy. The third largest economy in the Eurozone crisis could bring negative effect to the European and global economy. Many economists predict the effect would be much worse...
JAKARTA (TheInsiderStories) - Two units of Indonesian construction operator PT Wijaya Karya Tbk (WIKA), namely PT Wijaya Karya Realty (Wika Realty) also PT Wika Industri and Konstruksi (Wika Ikon) will list is shares on the Indonesia Stock Exchange in 2019, said the chief executive on Monday (27/08). The CEO Tumiyana...
Jakarta (TheInsiderStories) - The Indonesian Government is going to launch new norm on online transportation, which aims to manage the mushrooming of online services like local ride-sharing Go-Jek, Malaysia's Grab and U.S's Uber. The new regulation is expected to be enforced starting Nov. 1. The norm will contain provisions governing vehicle...
JAKARTA (TheInsiderStories) - Helicopter Capital (Helicap), a financial technology investments platform in South-east Asia & Oceania announced today that it raised US$5 million during its pre-Series A funding round led by East Ventures and Singapore’s leading integrated property group Soilbuild Group Holdings. According to East Ventures statement received by TheInsiderStories on Thursday (13/09),...
JAKARTA (TheInsiderStories) – Good morning! Global oil prices near three months high as market tightened amid rekindled hopes that the United States (US) and China could reach a trade deal. The increasing also driven by Organization of the Petroleum Exporting Countries (OPEC) production cuts and US sanctions on Iran and Venezuela. On...

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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...