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Number of Visitors to Indonesia Stay Low in February

JAKARTA (TheInsiderStories) - Number of visitors to Indonesia experienced a sharp decline by 86.59 percent in February compared to the same month in 2020, statistic...

Indonesia Posts Inflation 0.08% in March

JAKARTA (TheInsiderStories) – Statistics bureau reported Indonesia posted an inflation 0.08 percent with consumer price index 106.15 in March from previous month at 0.10 percent, the...

Indrawati Sees Indonesia’s GDP Still Contracted in First Quarter

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, sees that Indonesian economy still contracted in the range minus 1 percent to 0.1 percent in the...

Indonesia Will Operates 17 New Toll Roads in This Year

JAKARTA (TheInsiderStories) - Indonesian government targeting to have 17 new toll roads along 401 kilometers (km) in this year, said the Toll Road Regulatory Agency last...

OECD Revises Up Indonesian Economic Growth to 4.9% in 2021

JAKARTA (TheInsiderStories) - The Organization for Economic Co-Operation and Development (OECD) revised up Indonesia' economic growth to 4.9 percent in this year from earlier is estimating...

Indrawati Targeting New Investment US$21B Through INA

JAKARTA (TheInsiderStories) - Finance Minister, Sri Mulyani Indrawati, targeting the Indonesia Investment Authority (INA) have a capability to attract new investment around Rp300 trillion (US$21.05 billion)...

Indonesia Prepares Stimulus Funds US$49.60B

JAKARTA (TheInsiderStories) - The ministry of finance has set the national economic recovery program (ERP) budget with total amount of Rp699.43 trillion (US$49.60 billion) in...

Indonesia Slices State Bond Issuance Due to Excess Cash

JAKARTA (TheInsiderStories) - Indonesian government considered to slice the state bond issuances in this year due to excess cash from 2020 State Budget, said the director...

Hartarto Sees Indonesia’s Economy to Grow 1.3 – 1.8% in 1Q...

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, sees Indonesian economy to recover in the first quarter of 2021 between 1.3 to 1.8 percent after...

Indonesia Offers Various SOEs Assets to the Global Investors

JAKARTA (TheInsiderStories) - Various state-owned enterprises shares will offer to the global investors through Indonesia Investment Authority (INA), said the government official on Wednesday (02/03)....

Indonesian Foreign Tourist Arrivals Fell 88% in 2020

JAKARTA (TheInsiderStories) - The number of foreign tourist arrivals to Indonesia dropped sharply by 88.08 percent during 2020 compared to previous year, statistic bureau reported today....

FDI to Indonesia Drops 2.43% in 2020

JAKARTA (TheInsiderStories) - Head of National Investment Coordinating Board, Bahlil Lahadalia, announced foreign direct investment (FDI) dropped by 2.43 percent in 2020 from a year...

World Bank Lends Indonesia US$500M for Fiscal Resilience

JAKARTA (TheInsiderStories) – The World Bank approved a US$500 million loans to strengthen Indonesia' financial and fiscal resilience, the agency announced today. The loan will...

Indonesia Offers Nine Toll Roads for US$10B in First Quarter

JAKARTA (TheInsiderStories) - The ministry of public works and public housing ready to tender nine toll roads with total length 350 kilometers (km) to improve the...

IMF Cuts Indonesia’s Economic Growth in 2021 to 4.8%

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) cut Indonesia' economic growth projection in 2021 to 4.8 Percent and 6.0 percent . Earlier, the agency sees...

Indonesia Releases Global Bond US$4.23B Today

JAKARTA (TheInsiderStories) - The government of Indonesia has released US Dollar denominated bond worth of US$3 Billion and EUR1 Billion ($1.23 billion), ministry of finance announced...

Indonesia to Releases Global Bond to Finances Budget Deficit

JAKARTA (TheInsiderStories) - Indonesian government plans to releases senior unsecured US Dollar notes and Eurobond and get Baa2 rating from Moody's Investors Service, the agency reported...

Indonesian President to Get First Shot, Announces Vaccine Free for All

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo said he would be the first person in the country to be vaccinated and announced the COVID-19 vaccine will be free...

Indrawati Raises Cigarette Tax 12.5% Starting 2021

JAKARTA (TheInsiderStories) - Indonesian government decided to raises the cigarette tax in average 12.5 percent starting 2021. In details, class A machine white cigarettes jumped by 18.4...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Local media reported that the Corruption Eradication Commission arrested the minister of maritime and fisheries minister, Edhy Prabowo, on Wednesday morning, due to...

Indonesia Prepares Six New Toll Road Projects in Early 2021

JAKARTA (TheInsiderStories) - Public works and housing ministry of Indonesia prepared six toll road projects in the first quarter of 2021, said the government official...

Indonesia Set Dividend Targets from SOES US$1.76B in 2021

JAKARTA (TheInsiderStories) - Indonesian government targeting to raises the dividend payment from state-run companies around Rp26.13 trillion (US$1.76 billion), the 2021 State Budget data showed. Next...

Morning Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! Today, finance minister, Sri Mulyani Indrawati, will attend the plenary meeting House of Representatives with the agenda the decisions on the...

Indonesia Prepares Infrastructure Fund US$28.55B in 2021

JAKARTA (TheInsiderStories) - The Indonesian government has prepared an infrastructure funds worth of Rp414.0 trillion (US$28.55 billion) in 2021, said public work and public house minister on...

Indonesia set the 2021 State Budget Deficit 5.5% of GDP

JAKARTA (TheInsiderStories) - President Joko Widodo projected the 2021 State Budget deficit around 5.5 percent of gross domestic products (GDP) or Rp971.2 trillion (US$66.97 billion) to...

Morning Briefing: Waiting for President Joko Widodo’s Speech

JAKARTA (TheInsiderStories) - Today Indonesia celebrates the 75 years of independence day. As usual, President Joko Widodo will give an annual speech and present the draft...

Indonesian Govt Widens 2021 State Budget’s Deficit to 5.2%

JAKARTA (TheInsiderStories) - President Joko Widodo has decided to widens the 2021 State Budget' deficit from 4.17 of gross domestic products (GDP) to 5.2...

Morning Briefing: Bank Indonesia Announces Monetary Policy

JAKARTA (TheInsiderStories) - Good Morning! Board of governor Bank Indonesia to announces the latest monetary policy for this month after two-days meeting. The economists expected the...

Indonesia Sees the Economic Growth 4.5% – 5.5% in 2021

JAKARTA (TheInsiderStories) - Indonesian government expect the economic growth could rebound in 2021 between 4.5 to 5.5 percent of gross domestic products (GDP) after the...
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