JAKARTA (TheInsiderStories) - Good Morning! Indonesian manufacturing Purchasing Managers Index (PMI) at level 51.2 in March. This number jumped from the previous month which was at the level of 50.1.
Since the beginning of 2019, in the last three months the Indonesian manufacturing PMI index has continued to rise, starting in January...
JAKARTA (TheInsiderStories) — Good morning! Indonesia will announce inflation and consumer survey data. Previously, Bank Indonesia projected that March’ inflation would be at 0.14 percent and yearly inflation could be at 2.51 percent.
With the low inflation number, the central bank said that it doesn’t indicate low purchasing power. Last...
JAKARTA (TheInsiderStories) — Good morning! United Kingdom' (UK) parliament will have Brexit vote on Friday. But the ongoing situation is there is a deadlock in the parliament.
Votes in parliament intended to find another way for Brexit deal. They had decided eight different options, with none got majority support. Even...
JAKARTA (TheInsiderStories) — Good morning! United States bond market’ yield curve showed ominous sign of a recession. Yesterday, US 10-year bond yield fell deeply which signaled there is economy recession risk.
Senior Deputy Governor of Bank Indonesia (BI) Mirza Adityaswara sees that Indonesia may gain benefit from US recession, caused it...
JAKARTA (TheInsiderStories) – Indonesia has entered a new phase with the launched of the Mass Rapid Transit (MRT) project by President Joko Widodo on Sunday (03/25). A round of economic civilization is dawning from the capital Jakarta.
The entry of new MRT is believed will certainly make development in the...
JAKARTA (TheInsiderStories) – Good morning! After saying a sanction will be imposed on two Chinese shipping companies accused of violating North Korea trade prohibition, United States (US) President Donald Trump intended to reverse what he previously stated.
Trump tweeted: “It was announced today by the US Treasury that additional large scale...
JAKARTA (TheInsiderStories) - Brexit crisis deepens amid the delay of implementation and no light yet over how the agreement would end. Presenting the spirit of protectionism, British' withdrawal from The European Union (EU) has been worrying the world, including Indonesia.
Brexit will not make the United Kingdom (UK) stops its...
JAKARTA (TheInsiderStories) – Good morning! Indonesian official extended the imposition of anti-dumping import duties on several iron or steel products from China. The act taken amid government worries over the ongoing dumping practices for two sections of iron and steel products from China.
Before, such policy has been stipulated as...
JAKARTA (TheInsiderStories) - Good morning! Massive crowds march in London demanding a second Brexit referendum. A day after marched, Chancellor Philip Hammond said a second referendum likely to be one of the options put to lawmakers in the coming days.
Last week, European Union Parliament gave a two-tier extension for United Kingdom Prime Minister...
JAKARTA (TheInsiderStories) – Indonesia held a High-Level Dialogue on Indo-Pacific Cooperation (IPC) in Jakarta on March 20, 2019, with the theme "Towards a Peaceful, Prosperous, and Inclusive Region." This dialogue was held to enhance cooperation and trust building among 18 countries in the Pacific and the Indian Ocean regions.
For...
JAKARTA (TheInsiderStories) — Good morning! Disagree with European Union restriction on palm oil, Indonesia threatened to ban imports of some goods from the EU as a retaliation. Coordinating Minister for Maritime Affairs Luhut Pandjaitan hinted that jets manufactured by European companies could be among the targets.
He added, Indonesia may...
JAKARTA (TheInsiderStories) — Good morning! British Prime Minister Theresa May requested for three months extension until June 30 over Brexit planned. But the request faced immediate resistance from the European Commission.
Her request came just nine days before the country due to leave the organization. So far, May is facing...
JAKARTA (TheInsiderStories) — Good morning! United States (US) and China trade talks to resume this week after pause for several time, said a government official. Recently, global stocks were hit by a new wave of uncertainty on the both countries trade front following a series of conflicting reports.
In the...
JAKARTA (TheInsiderStories) — Good morning! United Kingdom (UK) parliament speaker John Bercow warned Prime Minister Theresa May to not bring the same Brexit deal to be voted. May is expected to put the deal back to parliament this or next week after member of parliament voted last week for...
JAKARTA (TheInsiderStories) – The issue of unemployment was approached by two different methods by Ma'ruf Amin, Sandiaga Salahuddin Uno in the vice presidential (VP) debate on Sunday (03/17) night. Amin offers the idea of Pre-Work card, Uno with the concept of Ready to Workhouse.
However, actually, there are no fundamental...
JAKARTA (TheInsiderStories) — Good morning! The flash floods that occurred in Sentani, Papua until Sunday afternoon (03/17) resulted in 70 deaths, Meteorology and Geophysics agency reported. While, the tectonic earthquake again rocked East Lombok.
From the monitoring of aerial images in Sentani City, the impact of the flood was almost...
JAKARTA (TheInsiderStories) – Indonesia' political temperature ahead of the third debate is heating up again. The increase in political level, was not only caused by the two vice presidential (VP) candidates’ discourse battles, but also caught up in the strategy of the two teams' success to win public opinion...
JAKARTA (TheInsiderStories) – Good morning! Indonesia’ General Election Commission (GEC) cyber system is hacked from China and Russia Internet Protocol (IP). The hacker even tried to enter the commission’s parent system, include an attempt to manipulate or modify content to create ghost voters or fake voter identities. So government...
JAKARTA (TheInsiderStories) – It's still warm in the public memory of the hard watering case against Indonesian anti-graft senior investigators, Novel Baswedan on April 11, 2017. After the incident Novel underwent multiple eye surgeries in Singapore.
The unlucky fate still befell Novel, not only because he was physically disabled (his...
JAKARTA (TheInsiderStories) – Good morning! United Kingdom’ (UK) House of Commons rejected Prime Minister Theresa May' program to exit European Union (EU) in a no-deal or not. Parliament voted 312 to 308 to rejected the Brexit plan without a withdrawal agreement.
By this, House of Commons members will have another...
JAKARTA (TheInsiderStories) – Indonesia' dependence on crude oil use is still very high. But unfortunately, the country' oil reserves are currently only 3.15 billion barrels of oil, from reserves of 9 billion barrels of oil in 2004.
With this, its estimated that Indonesian oil will run out the production in...
JAKARTA (TheInsiderStories) – Good morning! Birtish’ House of Commons rejected the Brexit deal proposed by Prime Minister Theresa May, in a vote on Tuesday (03/12). Member of parliament (MP) voted no for 391, and yes for 242.
By this, United Kingdom (UK) withdrawal from European Union may end up with...
JAKARTA (TheInsiderStories) – Good morning! Indonesian Government to revise luxury goods sales tax on cars to boost automotive production and export. The scheme revision concerning the basis of imposition, engine capacity, vehicle type, principle of imposition, and incentive programs.
It said, finance ministry will categorize the tax based on fuel...
JAKARTA (TheInsiderStories) – Good morning! Ethiopian Airlines crashed shortly after take-off from Addis Ababa and killed 157 people on board. This becomes another hit, because the flight used Boeing 737 Max 8, the same model as the Lion Air JT 160 crashed that killed 189 passengers and crews in...
JAKARTA (TheInsiderStories) – This question is worth asking in the midst of President Joko Widodo' political efforts ahead of 2019 Presidential Election. The arrest of several government critics, the use of legal instruments to suppress political opponents, and military re-involvement in politics, showed he had begun violating fundamental democratic...
JAKARTA (TheInsiderStories) – Good morning! Twelve peoples were killed in a gun battle with armed separatist rebels in Nduga Distrik in West Papua, where over a dozen construction workers were massacred last year. The military believed the attacked was orchestrated by the Free Papuan Movement (FPM), which claimed responsibility for the...
JAKARTA (TheInsiderStories) — Good morning! United States (US) 2018’ goods trade deficit hit highest record, as strong domestic demand fueled by lower taxes pulled in imports. This occurred even though President Donald Trump did some efforts, such as had a trade war with China, to narrow trade gap.
During 2018,...
JAKARTA (TheInsiderStories) – The position of Susilo Bambang Yudoyono (SBY) and Demokrat party at the 2019 Presidential Election is in the middle of a fight. They played a two-legged political gesture: joining the opposition coalition on the one hand, Demokrat party electoral calculations in parliament on the other.
The middle...
JAKARTA (TheInsiderStories) - Good morning! After almost reaching a trade deal with China, United States now gives trade pressure to India and Turkey. The Uncle Sam country intends to scrap the preferential trade status granted under the Generalised System of Preferences (GSP) to both countries, based on President Donald Trump's direction.
Under...
JAKARTA (TheInsiderStories) – In the Indonesian political history, the movements of Islamic parties have proven active and contributing since the independence war, the early period of independence even to here, even forming the political and democratic culture of Indonesia.
Historically, the development of movements or Islamic parties in Indonesia based...