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BI Responds Fed’s Hawkish by Maintaining the Policy Rate

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) kept the 7-day Reverse Repo (BI-7DRR) rate at 6 percent followed the Federal Reserves (Fed) monetary action. The...

Four Indonesian Banks are Rated Stable by Fitch Ratings

JAKARTA (TheInsiderStories) - Fitch Ratings Indonesia has rated for four local bank owned by foreign investors. The agency affirmed PT Bank Tabungan Pensiunan Nasional Tbk...

Indonesia Looks Export-Oriented Investments to Improve Trade Deficit

JAKARTA (TheInsiderStories) – Indonesia has identified improving performance of export-oriented industries as one of their main goals in coming years to improve the trade...

Randy Pangalila: PII is Ready to Expand in the Port Sector

JAKARTA (TheInsiderStories) - Local investment company, PT Pelabuhan Indonesia Investama (PII) budgeted capital expenditure around Rp1.4 trillion (US$96.55 million) in 2019. In the interview with...

Freeport Indonesia Gets Operating Permit Until 2031

JAKARTA (TheInsiderStories) – Ministry of Energy and Mineral Resources (MEMR) gave an extension for PT Freeport Indonesia' (PTFI) operating permit, through a Special Mining...

US’s Federal Reserved Raises Interest Rate Amid Trump Criticism

JAKARTA (TheInsiderStories) — The Federal Open Market Committee (FOMC) decided to increase the Federal Reserves Fund Rate (Fed Fund Rate) by a quarter point, to...