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Indonesia Set Biodiesel Price US$0.49 In September

JAKARTA (TheInsiderStories) - Entering September, Indonesian government set a monthly biodiesel price of Rp6,929 (US$0.49) a liter from a month ago Rp6,795 per liter, said the ministry...

Indonesia Claims to Save Fuel Imports US$4.90B with B30

JAKARTA (TheInsiderStories) - Indonesian government claimed that it can save the cost of importing diesel fuel around Rp70 trillion (US$4.90 billion) by using 30...

Weekly Briefing: China’s Disappointing Economic Data to Monetary Policies

JAKARTA (TheInsiderStories) — Good morning! China’s economy moved lackadaisically, impacted by its trade war with the United States, even though the tension is now...

Indonesia’s Pertamina Must Implement B20 Program: Minister Nasution

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Affairs (CMEA) Darmin Nasution urged state-owned energy producer, PT Pertamina to not be half-hearted in implementing environmental-friendly fuel,...

Indonesia Adjusts Export Levies for CPO, Derivatives

JAKARTA (TheInsiderStories) - Indonesian government has agreed to adjust export levies of Crude Palm Oil (CPO) and its derivative products by the Palm Oil Plantation Fund...

Morning Briefing: Rupiah Toughen, BI will Announces Forex Reserves Data

JAKARTA (TheInsiderStories) — Good morning! Indonesian Rupiah gained strength this week, as the central bank effort to maintain the local exchange rate. While, the...

B20 Not Yet Fully Implemented in Indonesia

JAKARTA (TheInsiderStories) – The use of biodiesel 20 percent (B20) as required by the government since Sept. 1, 2018 is not yet fully implemented due mainly...

Indonesia to Issues Mandatory Sell of Crude Oil Rules Next Week

JAKARTA (TheInsiderStories) - Indonesian government expects to issues mandatory sell crude oil for all producers to state-owned energy firm PT Pertamina next week in order to...

Indonesia’s President: Investment, Export are Keys to Improving Indonesian Economy

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo shouted there are two keys are needed to improve the country' economic condition, namely exports and allowing...

Morning Briefing: Vice President Candidate Ma’ruf Amin hurts Widodo’s Electability

JAKARTA (TheInsiderStories) - Good morning. President Joko Widodo’s pick as running mate in re-election bid in 2019, Ma’ruf Amin, could be a handicap with a recent...

Indonesia Releases B20 Regulation to Boost FX Revenues

JAKARTA (TheInsiderStories) - President Joko Widodo has signed the mandatory expansion of fuel with a mixture of 20 percent biodiesel (B20) to boost foreign exchange (FX) revenues....

Warjiyo Believes Government Policy Able to Lowered Indonesia’s CAD

JAKARTA (TheInsiderStoris) - Perry Warjiyo, the governor of Bank Indonesia (BI) believes the governments policy to optimize the use of blended biodiesel (B20) for vehicle, tourism...

President Widodo Encourages the National Automotive Industry to Innovate

JAKARTA (TheInsiderStories) - President Joko Widodo encourage the domestic auto industry to continue to work hard and spawn innovation. He hoped that the Indonesian...

Indonesia to Expand the Use of B20 in September

JAKARTA (TheInsiderStories) - Indonesian government is serious to expand the use of 20 percent blended biodiesel (B20) to all diesel-engined vehicles in September, said one senior...