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Bank Indonesia, Monetary of Singapore Extends Bilateral Swap Agreement

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) agreed to extend bilateral swap agreements with worth of $10 billion for...

Indonesia to Intensify Economic Cooperation with India, New Zealand

JAKARTA (TheInsiderStories) - Indonesia will intensify economic cooperation with India and New Zealand as Southeast Asia's largest economy enters the Asian market. Indonesia asks...

Indonesia Proposes ASEAN to Review the Liberalization of Trade

JAKARTA (TheInsiderStories) - Indonesia proposed the South East Asian organization (ASEAN) to review the liberalization trade among the members as well as various challenge around...

Weekly Briefing: Trump’s Move, Fed, ECB, Brexit Remains in the Spotlight

JAKARTA (TheInsiderStories) - Good Morning! This week, United States (US) - China trade war remains firmly in focus as new talks scheduled. In the coming...

Morning Briefing: Indonesia’s BoP Releases Today, Widodo Met Mahathir

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) will release Balance of Payment (BoP) data in the second of quarter of 2019 today. Last quarter the BoP...

Economic Ministers Hopes to Settle the RCEP on November

JAKARTA (TheInsiderStories) - Economic Ministers from 16 participating countries of the Regional Comprehensive Economic Partnership (RCEP) agreed to finalized the pact on November, 2019, said the...

Indonesia, Philippines EEZ Boundary Enters Into Force

JAKARTA (TheInsiderStories) - An agreement delineating the boundary between the overlapping exclusive economic zones (EEZs) of Indonesia and Philippines officially entered into force following the exchange...

EU, Vietnam, and Mercosur Reach New Free Trade Agreement

JAKARTA (TheInsiderStories) – The European Commission and Vietnam reached an agreement on trade and investment cooperation through the signing of the Free Trade Agreement...

Leaders Prepares ASEAN-Centered Regional Architecture to Adopt Indo-Pacific Concept

JAKARTA (TheInsiderStories) - Indo-Pacific outlook has become reference for maintaining regional stability in the Southeast Asian (ASEAN) countries, the leaders stated as the 34th ASEAN Summit...

ASEAN Strives for Leading Role in the Fourth Industrial Revolution

JAKARTA (TheInsiderStories) - Association of Southeast Asian Nations (ASEAN) grows economically at an average of 5.4 percent annually, way above global rates, attracting many...

SEA’s Economic Growth Slow to 4.8% in 2019 Amid Trade War

JAKARTA (TheInsiderStories) - Economic growth across South-East Asia (SEA) region is expected to moderate to 4.8 percent this year, from 5.3 percent in 2018, amid slowing...

Thailand’s SCG Acquires Fajar Surya Wisesa Shares for US$665M

JAKARTA (TheInsiderStories) — Siam Cement Group (SCG), a packaging company from Thailand, will become major shareholder of PT Fajar Surya Wisesa Tbk (IDX: FASW)...

Morning Briefing: Indonesia Aims The Economy Grow 5.3 – 5.6 in...

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...

ADB: Asia’s Economies Slowing Down in 2019, 2020

JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) forecasted the declining of gross domestic product (GDP) growth for developing Asia, from 5.9 percent in 2018...

OECD Predicts Asian Economy Slows in the Next Five Years

JAKARTA (TheInsiderStories) - Organization for Economic Co-operation and Development (OECD) estimated Asian economy will experience a slowdown in the next five years. This was...

Morning Briefing: IMF Warns Brexit Damage

JAKARTA (TheInsiderStories) — Good morning! The International Monetary Fund (IMF) reported about damage that could be impacted by no-deal Brexit. If the United Kingdom...

ASEAN Strengthens Collaboration Facing Global Economic Challenges

JAKARTA (TheInsiderStories) – Southeast Asian countries (ASEAN) stated to strengthened the collaboration to face the regional and global economic challenges such as trade tension,...

Widodo Asks ASEAN to Resolves Rakhine State Issues

JAKARTA (TheInsiderStories) - In the meeting with Thai Foreign Minister Don Pramudwinai at Merdeka Palace, Jakarta, on March 13, President Joko Widodo conveyed the importance...

RCEP Ministers to Catch Up Meetings towards Deadline Pact

JAKARTA (TheInsiderStories) – Ministers from 16 countries participating in the seventh Ministerial Meeting of the Regional Comprehensive Economic Partnership (RCEP) in Siem Reap, Cambodia,...

ASEAN, Japan Strengthen Cooperations in South China Sea Security and Trade

JAKARTA (TheInsiderStories) — Association of Southeast Asian Nations (ASEAN) and Japan agreed to strengthening the cooperations in South China Sea security, regional trade, also...

Morning Briefing: Widodo Urges Global Leaders Minimize Dependency in One Currency

JAKARTA (TheInsiderStories) — In front of global leaders in ASEAN plus three summit, Indonesia President Joko Widodo asked to minimize dependency only on one...

To Reach RCEP Agreement, Not an Easy Tasks

JAKARTA (TheInsiderStories) — Global trade uncertainty has encouraged the Regional Comprehensive Economic Partnership (RCEP) discussion to be soon completed. However, reaching a free-trade agreement...

ASEAN Agreed on Single Negotiation for South China Sea

JAKARTA (TheInsiderStories) - Today, the 33rd ASEAN Summit has officially started in Singapore. ​During the Summit, the ASEAN Leaders are expected to take stock of ASEAN’s...

Morning Briefing: ASEAN Leaders Convene in Singapore

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...

UOB Singapore, Grab Set Up Digital Services in ASEAN

JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services...

Indonesia’s GO-JEK Partnering with DBS to Enter Singapore’s Market

JAKARTA (TheInsiderStories) -- GO-JEK, an Indonesian ride-hailing provider joined forced with DBS Bank to enter Singapore' market. The two companies will work together on payment...

ASEAN Remains an Investment Destination

JAKARTA (TheInsiderStories – Association of Southeast Asian Nations (ASEAN) has shown that it remains an investment destination of choice for the investors. In 2017, Foreign Direct...

Indonesia will Ratifies Seven International Trade Agreements

JAKARTA (TheInsiderStories) - Indonesian Government will ratify seven bilateral trade agreement in the ASEAN, ASEAN+, and one Free Trade Agreement (FTA). The ratification will be stipulated...

Indonesia’s Manufacturing Index Down to 50.5 in October

JAKARTA (TheInsiderStories) - Indonesia's Nikkei Manufacturing Purchasing Managers' Index or PMI, fell to its lowest in three months in October, said IHS Markit in their...

Moody’s: Islamic Banking’s Prospects in ASEAN Dependent on Regulatory Efforts

JAKARTA (TheInsiderStories) - Moody's Investors Service says that the economies of the Association of Southeast Asian Nations (ASEAN) have a ripe foundation for the growth of...