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Morning Briefing: Indonesia set a Stimulus for Exporters

JAKARTA (TheInsiderStories) - Good Morning! To maintain export growth amid a COVID-19 pandemic, trade minister, Agus Suparmanto said that his office in collaboration with other ministries to...

Morning Briefing: Indonesian Rupiah Returns to Level 14,000 per US Dollar

JAKARTA (TheInsiderStories) - Good Morning! Governor of Bank Indonesia (BI), Perry Warjiyo said, the central bank has succeed making Rupiah movements stable from 16,400 in April...

Trump Considers to Imposes Sanction for Countries Adopting Digital Tax

JAKARTA (TheInsiderStories) - United States Trade Representative (USTR) has announced is beginning investigations into digital services taxes that have been adopted or being considered by a...

Morning Briefing: Indonesia’s Economy Could Shrinks to 0% This year

JAKARTA (TheInsiderStories) - Good Morning! World Bank senior economist for Indonesia, Ralph van Doorn sees the national economy may shrink zero percent of gross domestic products...

Canada Assesses HRC Steel Dumping From Indonesia, Other Countries

JAKARTA (TheInsiderStories) - The Canadian International Trade Tribunal initiated a review of its finding of May 20, 2014, on the dumping of certain hot-rolled carbon steel...

India to Run Anti-dumping Investigations for Some Countries

JAKARTA (TheInsiderStories) - India will run anti-dumping investigation on imports of polyester yarn from Indonesia, China, Nepal and Vietnam, said Directorate General of Trade Remedies (DGTR) on...

Indonesia Posts Trade Deficit US$350M in April

JAKARTA (TheInsiderStories) - Indonesia' trade deficit recorded of US$350 million in April 2020, said the statistic bureau last week. In March, the country still...

Indonesia’s CPO Price Plunges to US$633/MT in March, says the Association

JAKARTA (TheInsiderStories) - Indonesian Palm Oil Association (IPOA) reported crude palm oil (CPO) price dropped from the average US$722 a metric ton (MT) of CPO in...

State Own Enterprises in the Middle of COVID-19

JAKARTA (TheInsiderStories) - The pandemic has highlighted the role of the public sector in saving lives and livelihoods. State-owned enterprises (SOEs) are part of that...

Islamic Development Bank Prepares US$250M to Handle COVID-19

JAKARTA (TheInsiderStories) - President of Islamic Development Bank (IsDB), Bandar Hajjar said, that the agency plans to support its  members in facing the COVID-19 pandemic. The...

Indonesian Palm Oil Exports Drop Sharply in Jan – Feb 2020

JAKARTA (TheInsiderStories) - Indonesia’ palm oil exports and its derivatives dropped nearly to 34 percent from 6.6 million tons (MT) to 4.93 MT in the first two...

Indonesia Records Trade Surplus US$740M in March

JAKARTA (TheInsiderStories) – Indonesia reported the trade surplus in March worth of US$740 million, lowered than February surplus $2.34 billion, it said today (04/15). The decreased...

Morning Briefing: Pressures in the Global Economy Still High

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) Wall Street ended in the red zone on Monday, burdened with the lack of progress regarding...

Indonesia Records Trade Surplus US$2.34B in February

JAKARTA (TheInsiderStories) – Statistics Indonesia reported the trade surplus in February worth of US$2.34 billion, said the agency today (03/16). During January, the trade deficit stood at $870...

Weekly Briefing: Investors Anticipating Stimulus Policy Actions

JAKARTA (TheInsiderStories) - Good Morning! After a week of turmoil in global markets, triggered by the oil price slump and increasing use of containment measures amid...

Coronavirus: Can Policymakers Avert a Trillion-dollar Crisis?

JAKARTA (TheInsiderStories) - The spread of the coronavirus is first and foremost a public health emergency, but its also a significant economic threat. The COVID-19 shock...

Morning Briefing: Malaysia’s PM Offers Big Coalition

JAKARTA (TheInsiderStories) - Malaysia' interim prime minister, Mahathir Mohammad has met the leaders of major political parties, including Anwar Ibrahim and those he defeated in the...

US Removes Indonesia from Developing Countries Lists

JAKARTA (TheInsiderStories) - The United States Trade Representative (USTR) decided Indonesia is no longer in the list of developing country. The new policy has...

Morning Briefing: BI Rate Announces Today

JAKARTA (TheInsiderStories) - Good Morning! Today, the policymaker to announces the Bank Indonesia (BI) seven days reverse repo rate. Some analysts hope the central bank...

Indonesia Submits Anti-dumping Petition by China

JAKARTA (TheInsiderStories) - The Indonesian Iron and Steel Industry Association has submitted an anti-dumping petition against hot-rolled coil and plate alloy imports from China to the...

Morning Briefing: Euro Falls to the Lowest Level Since 2017 Amid Germany

JAKARTA (TheInsiderStories) - Good Morning! The weak manufacturing and gross domestic product (GDP) data of Germany, Europe' largest economy, bring Euro close to its lowest since...

Indonesia’s Trade Deficit US$870M in January

JAKARTA (TheInsiderStories) - Statistics Indonesia reported the trade deficit in January worth of US$870 million, said the head Suhariyanto today (02/17). During 2019, the trade deficit declined...

Morning Briefing: Powell Calls Congress to Reduce US’s Deficit

JAKARTA (TheInsiderStories) - Good Morning! United States (US) Federal Reserve (Fed) chair, Jerome Powell, called on Congress to reduce the deficit amid concerns about the...

China Plans to Halve American Goods Tariffs

JAKARTA (TheInsiderStories) - Global stocks extended their recovery following encouraging economic data and after China announced a cut in tariffs on some imported goods from the...

Indonesia Set Thermal Coal Price US$66.89/MT

JAKARTA (TheInsiderStories) - Indonesian government set its February' thermal coal reference price at US$66.89 a metric ton (MT), up 1.5 percent compared to January at $65.93/MT...

Morning Briefing: Trump Escapes from Impeachment Trial

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) Senat declared President Donald Trump not guilty of two counts of impeachment submitted by the House...

EU Widens Indonesia, China, Taiwan Steel Tariff Threat

JAKARTA (TheInsiderStories) - The European Union (EU) ordered its customs officials to register flat-rolled stainless steel imports from Indonesia, China, and Taiwan, widening the...

Morning Briefing: Indonesia Temporally Stop Import from China

JAKARTA (TheInsiderStories) - Good Morning! Indonesia' trade minister, Agus Suparmanto, said that he would temporarily stop the process of importing food and beverage products from China...

Indonesia’s Palm Oil Export Rises Single Digit in 2019

JAKARTA (TheInsiderStories) - Indonesia Palm Oil Association (GAPKI) reported the country export recorded 36.18 million tons (MT) of crude palm oil (CPO) in 2019 amid the...

Morning Briefing: President Instructs Evacuation of Indonesian Citizens in Hubei Province

JAKARTA (TheInsiderStories) - President Joko Widodo has instructed his ministers to immediately evacuate Indonesian citizens in the Hubei Province, China, followed the coronavirus spread...