Friday, August 23, 2019
JAKARTA (TheInsiderStories) – Good morning! President Joko Widodod keep pushing the government program to bring more foreign exchange revenues to Indonesia. Yesterday, he announced a planned to redesign tourist areas on Rinca Island and Komodo Island, in West Manggarai, East Nusa Tenggara. The large design is an integrated area consisting of Labuan...
JAKARTA (TheInsiderStories) - Indonesia's President Joko Widodo came to office with an ambitious economic and social agenda five years ago. He famously wanted to push Indonesia’s economy forward, aiming for a 7 percent growth target and introduced 12 policy packages to stimulate economic growth and create more jobs. Very, unfortunately,...
JAKARTA (TheInsiderStories) – Good morning! Federal Reserve chairman Jerome Powell send a signal to could soon cut federal funds rates (FFR), sending S&P 500 stock index above 3,000 for the first times. Recently the United Central bank maintained its benchmark rate at 2.25 - 2.5 percent. In the hearing with the United States'...
JAKARTA (TheInsiderStories) – Good morning! Facing the uncertainty of trade negotiations with Donald Trump, China plans to give a high-level political offer by rationalizing his re-election in 2020 as a pretext for capturing United States (US) President to the peace table. The strategy will be a new choice for China to...
JAKARTA (TheInsiderStories) – President Joko Widodo's second-term leadership was approved by the General Commission through an official announcement late last month after he won a lawsuit filed by the Prabowo Subianto-Sandiaga Uno camp at the Constitutional Court. In the period leading up to his inauguration in October, or as a...
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...
JAKARTA (TheInsiderStories) – Good Morning! The focus of the week will be the continued on the assessment of trade developments following the G20 summit and the implications for central bank policies. While, Bank Indonesia (BI) to release the Consumer Survey, Retail Sales, and Prompt Manufacturing Index for the second quarter of...
JAKARTA (TheInsiderStories) – United States (US) and China have reportedly reorganized to start of serious negotiations next week to complete a year-long trade war between the world' two largest economies, an official said on Thursday (07/04). An official from the US Trade Representative Office said the two main negotiators have...
JAKARTA (TheInsiderStories) - Indonesian General Election Commission officially appointed Joko Widodo and Ma’ruf Amin as an elected President and Vice President, based on the results of the plenary meeting on last Sunday (06/30), three days after the verdict of the opposition’ lawsuit by Constitutional Court. Along with this, public attention...
JAKARTA (TheInsiderStories) – Indonesian President Joko Widodo start looking his new ministers and consider for a young figure to enter his cabinet. Widodo claimed he would not distinguish professional backgrounds or political parties in drafting the new cabinet for 2019 - 2024. Several names associated in the Widodo - Ma'ruf Amin' cabinet structure began...
JAKARTA (TheInsiderStories) – Indonesian government proposed "grand fathering" or an exception to Government Regulation Number 14 Year 2018 for foreign investors to have insurance companies with shares above 80 percent. Now, the government regulated foreign ownership in insurance companies a limit of 80 percent ownership of paid-in capital. In the...
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) – Indonesian General Election Commission officially appointed Joko Widodo and Ma'ruf Amin as an elected President and Vice President, based on the results of the plenary meeting on Sunday (06/30). The determination was held three days after the verdict of the opposition' lawsuit by Constitutional Court on...
JAKARTA (TheInsiderStories) - Group of 20 (G20) leaders gathered in Osaka, Japan, starting today. The meeting of United States (US) President Donald Trump with Chinese' President Xi Jinping and Russian President Vladimir Putin are in the spotlight. Trade, geopolitical tensions, climate change, are on the agenda of the summit of the G20. Many...
JAKARTA (TheInsiderStories) - Good Morning! Today, Indonesia' Constitutional Court will decide the claims of systematic fraud in the 2019 presidential election by Prabowo Subianto - Sandiaga Salahuddin Uno pair. The legal case has sought to disqualify Joko Widodo - Ma'ruf Amin or force a re-run of the vote in 12 provinces. During hearings,...
JAKARTA (TheInsiderStories) - Good Morning! Today, Indonesian President Joko Widodo welcome Argentina' President Mauricio Macri in Bogor Palace. At the same time, the official of both countries will establishe Working Group on Trade and Investment. Argentina is an important partner for Indonesia, one of them as the entrance of Indonesian products...
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! This week the world' center will be on the Group of 20 (G20) meeting in Osaka, Japan. The summit on June 28-29 will be overshadowed by the bilateral meeting between United States (US) President Donald Trump and Chinese President Xi Jinping, as they try to conclude...
JAKARTA (TheInsiderStories) - Good Morning! Leaders of Southeast Nation Association plus India, China, and Japan (ASEAN+3) gather this weekend in Bangkok Thailand starting June 22 - 23. The leaders will discuss various issues around the region including trade agreement, economic cooperation and others. The ASEAN+3 considered that despite a more challenging global...
JAKARTA (TheInsiderStories) - Good Morning! This afternoon, Bank Indonesia (BI) will release its monetary policy while United States (US) Federal Reserves kept the benchmark rate even get pressures from many parties, including President Donald Trump. Then, Indonesian President Joko Widodo will attend the 34th ASEAN Summit in Thailand and the G20...
JAKARTA (TheInsiderStories) - The global economy has move to its slowest pace in three years time. While, international trade and investment have been weaker than expected at the start of the year with the economic activity in major advanced economies, somes large emerging market, and developing economies have been softer...
JAKARTA (TheInsiderStories) - Good Morning! Starting today, Bank Indonesia (BI) held a board of governors meeting to take monetary policy in June. Last month the central bank hold the benchmark rate at 6 percent. The Governor Perry Warjiyo sees room to cut the interest rates but not giving any indication of the timing....
JAKARTA (TheInsiderStories) - the government will announce the deductive tax for electric car to drive the use of green energy utilization in the country and reduce gas emissions. Since early of 2018, the government has announced to produce presidential decree that will pave the way for the development of the electric...
JAKARTA (TheInsiderStories) - The inaugural session of the Constitutional Court on Friday marked a legal battle between the two camps competing in the 2019 presidential election. Tensions will remain high in the courtroom when the battle begins tomorrow Tuesday (06/18), seen from a hard exchange between their respective lawyers...
JAKARTA (TheInsiderStories) - Good Morning! Key central bank meetings this coming week, including Indonesia, United States (US), United Kingdom, Brazil, Japan and several other Asian countries. Simultaneously PMI survey data, which will provide an important steer on global economic developments, notably in the US, Japan and Eurozone. Currently, central bankers face growing...
JAKARTA (TheInsiderStories) - The first stage of the dispute resolution session for the 2019 presidential election began today (06/14). This preliminary hearing will invite applicants, defendants, related parties, and the Election Supervisory Agency. The first session agenda will listen to applicant petition. The legal team of Prabowo Subianto - Sandiaga...
JAKARTA (TheInsiderStories) - Good Morning! The Constitutional Court will hold a hearing today, to determine whether it will choose to move forward with a lawsuit that challenges the results of the of the 2019 Presidential Election by Prabowo Subianto and Sandiaga Salahuddin Uno. Spokesperson of the Subianto - Uno' National Winning Team, Dahnil...
JAKARTA (TheInsiderStories) - On Wednesday, Japan' Prime Minister Shinzo Abe arrived in Tehran, Iran, to ease tension between the United States (US) and Iran. This is the first visit by a Japanese premier since the Islamic revolution country. Japan is one of the few US allies who also has a strong relationship with...
JAKARTA (TheInsiderStories) - Joko Widodo has just been re-elected for the second term as Indonesia's president, according to the election commission official announced, beating Prabowo Subianto, his challenger. It gives Widodo another five years to build on his solid performance: the economy is set to grow more than 5...
JAKARTA (TheInsiderStories) - Again, United States (US) President Donald Trump intimidated to impose tariffs of 25 percent on US$300 billion in Chinese goods if President Xi Jinping doesn’t meet with him at the upcoming Group of 20 (G20) summit in Japan in the couple weeks. Beside meet Xi, he is scheduled to meet...

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