Friday, July 19, 2019
JAKARTA (TheInsiderStories) — Good Morning! Indonesian central bank released a new regulation PBI No.21/5/PBI/2019 concerning the transactions facilities in money transaction in foreign exchange (forex) markets. By this policy, BI want to ensure transaction providers have a good governance, an effective risk management, fairness, and equal opportunities for prospective...
JAKARTA (TheInsiderStories) – Indonesian President Joko Widodo returned to exhale a plan to relocate the state capital from DKI Jakarta, which currently functions not only as a central government, but also at the heart of the national economy. The Widodo’s plan is delivering in a limited meeting with the...
JAKARTA (TheInsiderStories) — Good morning! China said, that a delegation was still preparing go to the Washington for trade talks, even as the United States (US) President Donald Trump dramatically increased pressure to reach a deal by saying he would hike tariffs on Chinese goods this week. Negotiations are...
Insight: Religious Movement “Itjima Ulama” Indonesian Towards People Power?
JAKARTA (TheInsiderStories) - Post-2019 Presidential Election, Indonesia still has to face a commotion that never ends. Starting from the electoral fraud debate, the quick count paid by one party, to the people power narrative, became the main headline for domestic news. The commotion increased after last week, coinciding with May...
Consumer Confidence Index Decline in March 2019
JAKARTA (TheInsiderStories) — Good morning! Bank Indonesia executive director Nanang Hendarsah said the central bank will start to active Two Way Open Market Operation (liquidity management) starting today (05/06), with variable rate tender on both side. While Statistic Indonesia to release the nation' economic growth data. Some observer sees the...
JAKARTA (TheInsiderStories) — Good morning! With his confidence to lead Indonesia for the second term, President Joko Widodo hold political communication with opposition parties. After met Amanat Party chairman Zulkifli Hasan, yesterday he met one of Demokrat Party leader Agus Harimurti Yudhoyono (AHY) at Merdeka Palace, Jakarta. According to the son...
JAKARTA (TheInsiderStories) - In the midst of slowing down the global and national economy, State-owned Enterprises (SOEs) are actually the saviors of the government finances. The fact, the management of SOEs under Rini Soemarno' leadership is far from satisfying. "Favorite" minister of President Joko Widodo continues to be in the...
JAKARTA (TheInsiderStories) — Good morning! United States (US) President Donald Trump reiterated another intervention to Federal Reserves (The Fed) policy. Through twitter, he asked The Fed to cut rate by 1 point and mold more money with quantitative easing. Trump even compared the central bank’s policy with China, US’ trade...
Indonesian Election: Opposition Cyber Team Finds 9,440 Calculation System Errors
JAKARTA (TheInsiderStories) - This year' Indonesian Workers Day commemoration is interesting because it coincides with the General Election. Even more special, this May 1 is right at the time of the presidential election results. With the many findings of vote counting errors in the General Election Commission that harm one...
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) — United States (US) and China are expected no longer far from reaching a trade deal. US Treasury Secretary Steven Mnuchin hoped that the both countries can finalize a deal with two more rounds of talks in China and Washington DC. He also said the part of the...
JAKARTA (TheInsiderStories) – During Indonesian President Joko Widodo' term, the development of the downstream for mining sectors still stagnant. Even though this sector can provide added value to the economy. At present, the mining sector contributes 7.2 percent of gross domestic product. Nickel processed production throughout 2018, for example, is far...
JAKARTA (TheInsiderStories) — Good morning! As the Belt and Road Forum (BRF) closed, Chinese President Xi Jinping hailed deals worth more than U$64 billion. But he did not offer details of any new funding for the initiative. At least 17 central government-owned firms, like China Railway Construction Corp and Mengniu Dairy,...
JAKARTA (TheInsiderStories) - China hold the Belt and Road Forum for International Cooperation Summit on April 25-27. Around 37 world leaders meet at the summit and scheduled to discuss project financing that respects global debt goals and promotes green growth. The Belt and Road Initiative (BRI) is a key policy...
JAKARTA (TheInsiderStories) — Good morning! In the One Belt One Road Initiative Summit in Beijing, Chinese official said that the program sustainably aims to prevent and solve debt risk complained by borrowing countries. Finance Minister Liu Kun denied the critics mentioning that infrastructure development for increasing trade and investment...
JAKARTA (TheInsiderStories) — Good morning! Today, Indonesian central bank (BI) will announce its monetary stance amid the global economic challenges. Last March, BI maintained its benchmark rate at 6 percent. This year, Investment Coordination Board is optimistic in achieving investment target at Rp792.3 trillion (US$56.59 billion), seeing the recent foreign...
JAKARTA (TheInsiderStories) – Exactly one week the legislative general election and the Indonesian president and vice president ended. There are 190 million voters who have chosen their best candidates, both to lead this country and to represent them in Parliament, for the periods 2019-2024. Even so, the results of this...
Indonesia Assesses the Policy of Financial Liquidity Loan Collaboration
JAKARTA (TheInsiderStories) — Good morning! Indonesia' Finance Minister Sri Mulyani Indrawati regarded that Indonesia’ economy is estimated to grow by 5.3 to 5.6 percent in the 2020’ State revenue and expenditure budget. Indrawati said that President Joko Widodo expected the economy would grow at the upper range. In 2018,...
JAKARTA (TheInsiderStories) — Good morning! Indonesia has no choice to suffered Rp102 trillion (US$7.24 billion) deficit in the first quarter (1Q) of 2019. The deficit’ portion to the Gross Domestic Product (GDP) was 0.63 percent. The state revenue recorded Rp350.1 trillion, while the spending was Rp452.1 trillion. Indonesia’ macroeconomy basic assumption...
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! Based on exit polls, Joko Widodo - Ma'ruf Amin lead Indonesia' presidential race. While, the contender Prabowo Subianto - Sandiaga Salahuddin Uno believed they win based on internal count. None of both candidates claimed they win the presidential election. They agreed to wait for the...
JAKARTA (TheInsiderStories) – The 2019 presidential election is run today. All debates have been held with the two candidates colliding ideas and strategies to build Indonesia. Both incumbents and opposition agree on the development challenges facing the country, and what policy solutions should be. But whoever is elected must face...
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) – Total international trade in 2017 reached US$34 trillion, consisting of $17.43 trillion in exports and $17 trillion in imports. This high volume of trade is certainly influenced by the openness of access to trade between countries, both in bilateral and multilateral relations, which has been increasingly...
JAKARTA (TheInsiderStories) — Good morning! On Monday (04/15), Chinese Premier Li Keqiang met Japanese Foreign Minister Taro Kono at the high-level economic dialogue between the two countries. China and Japan are two of the world' major economies. At the meeting, Li welcome Japanese companies to expand their investment in China....
JAKARTA (TheInsiderStories) — Good morning! This week Indonesia will determine the new president to lead this country. The two candidates Jokowi Widodo - Ma'ruf Amin and Prabowo Subianto - Sandiaga Salahuddin Uno has ended their campaign on Saturday (04/13). Lot of surveys said swing voters will determine the winner of...
Insight: Is Last Stage Determines the Winner?
JAKARTA (TheInsiderStories) - Entering the final phase of voting, the two candidates Joko Widodo-Maruf Amin and Prabowo Subianto-Sandiaga Salahuddin Uno will fight on the final debate stage, Saturday, April 13, four days to vote. Economic issues and social welfare, finance and investment, trade and industry will be the theme...
JAKARTA (TheInsiderStories) — Good morning! Federal Open Market Committee policy has been rising the recession risk to 10 percent from 20 percent in United States (US), said Goldman Sachs studies. The improving condition also gave a recession delay from the fourth quarter of 2018 to the following year. Goldman Sachs...
JAKARTA (TheInsiderStories) — Good morning! The inflation rate in United States (US) rose 0.41 percent in March, following the prior month at 0.2 percent, the Labor Department reported on Wednesday (04/10). This is the biggest increase since January 2018. The consumer prices rose driven by an increase in volatile oil prices that...
JAKARTA (TheInsiderStories)- A week before the presidential election day, the stock market players seemed to be calm and more confident in facing the presidential election results. This can be seen from the Jakarta Composite Index (JCI) which opened higher in trading on Tuesday (04/09). The JCI was up 8.67 points...

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