Friday, July 19, 2019
Indonesia is Optimistic to Become a Manufacturing Hub in ASEAN
JAKARTA (TheInsiderStories) – Early last week, hundreds of investors and business players gathered at the main hall of the Indonesian Stock Exchange Building. The main topic addressed was how to sail through economic and political tides in 2018. The speakers included National Police Chief Tito Karnavian, who provided insight about political...
JAKARTA (TheInsiderStories) - Good Morning! Indonesian Purchasing Managers' Index (PMI) rose from 50.4 in April to 51.6 in May, marking the highest in nine months, said Nikkei Manufacturing survey. The country' manufacturing sector activity improved in May due to an increase of output and new orders. It said, stronger demand conditions led...
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! This week starts with an end of 35 days United States (US) government shutdown, the longest record in US history. But the government re-opening is only temporary until Feb. 15th. US President Donald Trump still insisted US$5.7 billion border wall. He threatened to declare state...
JAKARTA (TheInsiderStories) – Good morning. We provide several pieces of important news that might help your business decisions today: Sirius Minerals Signs Asia Sales Agreement London-based fertilizer producer Sirius Minerals has announced an exclusive resale deal with PT Chemical Indonesia, a subsidiary of Singapore-based Wilmar Group, for its key POLY4 nutrient products....
JAKARTA (TheInsiderStories) — Good morning! Prabowo Subianto - Sandiaga Salahuddin Uno' camp file presidential election suit to the Constitutional Court today. While, Indonesian police detained 257 alleged provocateurs for several chaos in Jakarta rallies. They were being detained from three different places, as police considered that the number would still...
JAKARTA (TheInsiderStories) -- Good morning! Ahead of this week, Indonesia, Thailand, and Philippines will decide the interest rates amid cautious of the Federal Reserves (Fed) rate increase by the end of the year. According to analysts, Indonesia central bank is predicted to hold its Seven-Day Reverse Repurchase Rate (BI 7-DRR)...
JAKARTA (TheInsiderStories) –— Good morning! The 33rd ASEAN Summit has officially started on Tuesday (13/11) in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s achievements in this year. During the summits, the ASEAN Leaders will review the progress of ASEAN’s relations with the dialogue partners and...
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) – Good morning! Today, acting Secretary of Defense for the United States (US) Patrick Michael Shanahan visit Indonesia and to meet with several ministers. Weeklong trip that is intended to reinforce that China is the administration’ main foreign policy priority. In his five months as acting secretary, Shanahan...
JAKARTA (TheInsiderStories) - China and Russia would push forward their cooperation to synergize the Belt and Road Initiative (BRI) and the Eurasian Economic Union, said the both leaders in a meeting between the two leaders in Moskwa on June 5 - 6. China' President Xi Jinping and Russia' President Vladimir Putin also sent...
by Hugo Erken and Bjorn Giesbergen from Rabobank Without China’s economic lifeline, the North Korean economy would go off a cliff Although China has been scaling down on imports from North Korea, which suggest China respects the sanctions imposed by the UN Security Council, China so far has continued...
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...
Indonesia Holds Re-Election in Many Regions
JAKARTA (TheInsiderStories) — Good morning! Vice President (VP) of Indonesia Jusuf Kalla proposed two solutions to solve problems during Indonesia’ 2019 elections, in which more than 450 polling station workers died. He opined that the complexity of counting votes for legislative elections caused many polling workers to die. The two solutions are the separation...
JAKARTA (TheInsiderStories) — Good morning! Last week, Indonesian government issued 16th Economic Policy Package, include expansion of tax holiday, relaxation of negative investment lists, and foreign exchange exports for natural resources rules. The goal is to reduce the current account deficit (CAD) at the safe level. Through the policy package, Government extended...
JAKARTA (TheInsiderStories) - A growing number of small businesses say they are looking to interact with their insurers online, with 36 per cent saying they will buy online in the near term, and 48 per cent within five years, according to PwC latest survey. The findings are from a survey...
Indonesia' Oil and Gas Deficit Predicted to Occur in 2025
JAKARTA (TheInsiderStories) – The Asian National Oil Companies (NOCs) will largely focus their capital projects on adding refining capacity and increasing upstream production, Moody's Investor Services reported on Friday (01/04). But at the same time, the volatile oil prices become a major concern for the producers to implemented it. Assistant...
JAKARTA (TheInsiderStories) – The big alumni reunion took place again, two years after its founding at the end of 2016. The 212 groups was initiated by the Islamic Community Forum and various other mass organizations. This action began when there was a controversy over the statement of Basuki Tjahaja Purnama...
JAKARTA (TheInsiderStories) - The contestation of the first simultaneous elite circulation for Indonesia become a chaotic experienced for the country. In a day, million of citizens choosed presidential and member of parliament candidates from the national, provincial, district/city level, and Regional Representative Council. The administrative calculation process is multiplied...
JAKARTA (TheInsiderStories) - Turkey' Central Bank has hiked its key interest rate to a blistering 24 percent, up from 17.75 percent to bring price stability under control and to impose furthere monetary tightening if needed, after seeing inflation hit 17.9 percent last month. Meanwhile, European Central Bank (ECB) and Bank of England...
JAKARTA (TheInsiderStories) -- United States (US) and China will have another round talk, as an attempt to end the trade war. Chinese Vice Premier Liu He just arrived in Washington, and will meet US Trade Representative Robert Lighthizer. The discussion will be held for two days, starting tomorrow. The trade...
Trade Agreement, Just Pragmatic Choices of the Government?
JAKARTA (TheInsiderStories) - Indonesia is currently actively negotiating an investment treaty. The agreement that is being negotiated is not just a traditional Bilateral Investment Treaty (BIT), but has been at the level of a Free Trade Agreement (FTA) or Comprehensive Economic Partnership Agreement (CEPA). On March 11-15, the government is...
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) - Good Morning! Its long holiday in Indonesia for this week. But globally, some economic data and other important issues will comes out to be monitored by the economic players. This week, European Central Bank (ECB) as well as the Reserve Banks of both India and Australia will announce its...
JAKARTA (TheInsiderStories) – The 2019' World Economic Forum (WEF) raised the theme of Globalization 4.0 by discussing more about financial risk mitigation, a strategy to build market optimism in the midst of a weakening global economy, geopolitical tensions, and crises in environmental conditions and climate change. Reported, the prospect of...
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) - Good Morning. The two presidential hopefuls, incumbent Joko Widodo and challenger Prabowo Subianto, have outlined their campaign manifesto for the 2019 Presidential Election. The Widodo’s camp opened the campaign manifesto with aspirations to make ‘a developed, sovereign and independent Indonesia with strong identity and based on mutual cooperation’. From the...
JAKARTA (TheInsiderStories) – President Joko Widodo officially fulfilled the request for the liberation of national terrorism kingpin Abubakar Ba’asyir (81 years). He said, the redemption of the Indonesian Mujahidin Council Chairman was purely for humanitarian and health reasons. "Yes, the first is indeed a humanitarian reason. It means that he...
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! General Election Commission (GEC) set the winners of Indonesia' 2019 presidential election on May 28, said the chairman. Aried Budiman hoped all the recapitulation completed on Wednesday (05/22) and give to all participant to challenge the result in three days after. If Joko Widodo -...

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