Friday, August 23, 2019
JAKARTA (TheInsiderStories) – Good morning! Gerindra Party chairperson Prabowo Subianto are planned to meet Demokrasi Indonesia Perjuangan Party (PDi-P) chairwoman Megawati Soekarnoputri today, after his first meeting with Indonesian President Joko Widodo on July 15. The meeting became important as part of the reconciliation efforts between the two elites. While, Widodo is...
JAKARTA (TheInsiderStories) — Good Morning! Lion Air JT-610 PK-LQP that crashed and killed 189 people on-board last October, had several failures since three days prior to the incident, said Indonesia’s National Transportation Safety Committee. In the preliminary findings over the crash, the agency reported Boeing 737 Max-8 airplane maintenance data...
Insight: Questioning Trump's Denuclearization Commitment
JAKARTA (TheInsiderStories) - Vietnam's capital city, Hanoi  on Feb. 27-28 will host the second meeting of United States (US) President Donald Trump and North Korean leader Kim Jong-un. A year ago, Trump and Kim agreed to work together to realize the full denuclearization of the Korean Peninsula in Singapore. Tomorrow,...
JAKARTA (TheInsiderStories) – The Indonesian General Election Commission is conducting a real count on the results of the Presidential Election and Parliament starting April 25 to May 22. The accumulation of the real count showed the superiority of incumbent Joko Widodo - Ma'ruf Amin, with a votes of 56.23 percent...
JAKARTA (TheInsiderStories) — Good morning! Number of foreign tourists coming to Indonesia not reach government target at 17 million people. According to the Statistic Indonesia, there were only 14.39 million foreign tourists visited Indonesia during January to November 2018. The number of foreign tourist arrivals throughout January to October, 2018...
JAKARTA (TheInsiderStories) – Good morning! President of European Central Banks (ECB) Mario Draghi has hinted that the central bank will cut rates in September. The statement out after the Governing Council decided that interest rates remain unchanged and expects the ECB' main interest rates stay at their current or lower...
  Mastercard-CrescentRating Global Muslim Travel Index 2017    Indonesia jumps one spot to gain the third spot behind Malaysia and UAE of the list of OIC and non-OIC markets Japan and Taiwan also saw the biggest improvements in ranking on the overall top 10 list Singapore remains as the only non-OIC destination in...
JAKARTA (TheInsiderStories) – Good morning! Ministry of Finance (MoF) reported in the firs half (1H) of 2019, Indonesia' 2019 State Budget deficit worth of Rp136 trillion (US$9.7 billion), rose 22.5 percent from the same period in 2018 at Rp111 trillion. Is equivalent 0.84 percent of gross domestic products, higher...
JAKARTA (TheInsiderStories) — Happy new year! After the turmoil in 2018, year 2019 is predicted to have some continuous uncertainties. Indonesia will face presidential election in October. While United States and China trade tension hasn’t ended yet. In 2018, Indonesian Rupiah depreciated by 5.7 percent to 14,481 against US Dollar....
 JAKARTA (TheInsiderStories) - After online taxi, now the Ministry of Transportation is targeting to review motorcycle ride-hailing service. The rules are being prepared, in the form of drafts to be discussed by governments, associations, application owners, and experts in the economy of transportation. According to Director General of Land Transportation...
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...
BRI Countries Predicted to Surge by MNC’s Investment
JAKARTA (TheInsiderStories) — Good morning! China will hold the Belt and Road Initiative (BRI) Summit on April 25-27. 37 world leaders in the summit is scheduled to discuss project financing that respects global debt goals and promotes green growth. The BRI is a key policy of President Xi Jinping and envisions...
JAKARTA (TheInsiderStories) – Good morning! Yesterday, oil prices rising more than 1 percent after the Organization of Petroleum Exporting Countries (OPEC) agreed to extend restrictions on 1.2 million barrels of crude oil supply until March 2020. Today, OPEC is scheduled to meet with Russia and other countries that are members...
JAKARTA (TheInsiderStories) - Thousands Indonesian workers rally today to voices "Honest and Peaceful Labor & Democracy Welfare". Presidential candidates Prabowo Subianto planned to attend and give speech at the May Day celebration in Central Jakarta. The workers demand are rejected cheap wages, revoke presidential decree concerning Wages, increase Decent Life Needs, remove...
JAKARTA (TheInsiderStories) — Good morning! Federal Reserves (Fed) Governor Jerome Powell stated in front of United States (US) Senate Banking Committee, that his institution will be patient in changing interest rate this year. But he didn’t explain whether the changes is to increase or to cut the reference rate. He...
JAKARTA (TheInsiderStories) — Good morning! British Prime Minister Theresa May will depart for Brussels again to negotiate backstop policies with the European Union (EU) regarding British exit (Brexit) planned. England is scheduled to officially divorce the EU on March 29, 2019. Previously, May had postponed the vote in Parliament over the Brexit...
JAKARTA (TheInsiderStories) – Good morning! Indonesia financial market is now under pressure. After strengthening in the last few weeks, Rupiah touched 14,000 against US Dollar again. The Jakarta Composite Index was not so good either by falling by 0.4 percent to 6,495 with Rp132.9 billion foreign net sells. Some sentiments...
JAKARTA (TheInsiderStories) – Good morning! United States (US) and China trade talks is now making the most significant progress. Both economic superpowers have started outline their commitment to seal the trade deal. Its reported, negotiators are now drawing up six Memorandums of Understanding (MoU) on structural issues, forced technology transfer...
JAKARTA (TheInsiderStories) – The Joko Widodo - Jusuf Kalla (JK) government has almost completed it's four year term. It's achievements so far can be evaluated, and if they fall short, the rights and obligations that the government promised, can be demanded, as stated in the Nawacita program vision and...
JAKARTA (TheInsiderStories) - Indonesian Ministry of Finance hope the tax revenues could grow around 12 percent in 2020. This projection takes into account a number of factors that will affected the target, said the ministry. While, President Joko Widodo aimed to revise labour law to attract more investment to the country. Recently, several policy...
JAKARTA (TheInsiderStories) — Good morning! Indonesia will face Presidential Election in the next three months. Last night, two presidential candidates showed their capability in law, human rights, terrorism, and corruption. Duet Prabowo Subianto - Sandiaga Salahuddin Uno looked more confident compared to the Joko Widodo - Ma'ruf Amin pair. But overall,...
Indonesia's Forex Reserves US$123B in February
JAKARTA (TheInsiderStories) - Good morning! This afternoon, board of governors Bank Indonesia (BI) will announce their monetary policy stance. Last July the central bank has cut the BI-7DRR to 5.75 percent after hold the rate for two years. While, United States (US) Federal Reserves (Fed) in their meeting notes in July 30...
JAKARTA (TheInsiderStories) -- United Kingdom (UUK) House of Common will have another vote over Brexit, as Premier Theresa May expects for more negotiations to European Union (EU). She has spoken to European Commission President Jean-Claude Juncker about her intention. There are seven amendments to be voted by the House. If...
In 2016, ASEAN saw 534 deals worth US$57.9bn; Q1 2017 kept momentum with 118 deals worth US$14.7bn JAKARTA (TheInsiderStories) – In Q1 2017, the ASEAN recorded 118 deals worth US$14.7bn, sustaining the momentum of the past year. This was a year-on-year increase of 8% in value and 7% in volume...
JAKARTA (TheInsiderStories) - Today, the biggest ever election in the country begin. Indonesia will define its new leader and the legislative members, after campaign race since Sept. 23. The peoples will decided between the two candidates Joko Widodo - Ma'ruf Amin and Prabowo Subianto and Sandiaga Salahuddin Uno to lead the...
JAKARTA (TheInsiderStories) – Good morning! Tensions between South Korea and Japan are intensifying after Prime Minister Sinzo Abe administration imposed new restrictions on exports that could hit President Moon Jae-in country’ tech industry. The action triggered South Korea to boycott Japanese goods. The recent tensions between the two countries stem from more...
Indonesian Election: Subianto Announces Potential Persons in His Cabinet
JAKARTA (TheInsiderStories) - Good Morning. Expect politics to dominate the news streams in the next few days as lobbying for the Vice President seat is intensifying as deadline to register for 2019 Presidential Election nears. The opposition may encounter more difficulties than the ruling coalition. On Tuesday (07/08), Prabowo Subianto, the presumed...
JAKARTA (TheInsiderStories) – A day after the first round of the 2019 Presidential Election debate on Thursday (01/17), the public was shocked by the discourse about release of the convicted terrorist kingpin Abu Bakar Ba'asyir. In fact, at that night's debate the two partners clashed with the strategy to eradicate...
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) – Indonesian economy only grew 0.01 percent in the first quarter (1Q) of 2019, which was 5.07 percent on an annual basis, from growth of 5.06 percent in 1Q 2018. Similarly, compared to 4Q 2018 the Indonesian economy actually shrank by 0.52 percent from 5.18 percent. This growth...

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