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Indonesia to Imposes Export Levy for CPO Starts Jan. 2020

JAKARTA (TheInsiderStories) - Indonesian government will impose export levies for crude palm oil (CPO) products and their derivatives starting Jan. 1, 2020, as the implementation of...

Foreign Tourist Visits to Indonesia Only Grow 2.63%

JAKARTA (TheInsiderStories) - Statistic Indonesia reported, number of foreign tourist visit the country until July only rose 2.63 percent to 9.31 million peoples of this...

BI Give a Surprises with 2nd Cut Rate in Two Months

Jakarta (TheInsiderStories) - Indonesian central bank (BI) give a surprise with the second cut of 7 days reverse repo rate (BI-7DRR) by 25 bps...

Morning Briefing: US’s Fed Holds the Benchmark Rate, Next BI

JAKARTA (TheInsiderStories) - Good Morning! This afternoon, Bank Indonesia (BI) will release its monetary policy while United States (US) Federal Reserves kept the benchmark rate...

Weekly Briefing: US Demands Changes on China’s Law to Meet Trade...

JAKARTA (TheInsiderStories) — Good morning! White House economic adviser Larry Kudlow said that the United States (US) demanded concrete changes on China’ law, as...

BI: Food Prices Triggered Indonesia’s Inflation in April

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) predicted inflation in April will rise amid higher shallots, garlic, and fruit prices, explained Senior Deputy Governor Mirza...

Morning Briefing: Indonesia May Gain Benefit over the US Recession

JAKARTA (TheInsiderStories) — Good morning! United States bond market’ yield curve showed ominous sign of a recession. Yesterday, US 10-year bond yield fell deeply...

Morning Briefing: Expect Fortune Follows Chinese New Year

JAKARTA (TheInsiderStories) -- Good morning and happy chinese new year! With high expectation of profit, Indonesian financial market did not show gain at the...

Indonesia’s Tourism Revenues Estimated More than US$17B

JAKARTA (TheInsiderStories) - Minister of Tourism of Indonesia Arief Yahya estimated that State revenues from the tourism sector are estimated to reach US$17.6 billion,...

Indonesian Rupiah, JCI Drops in 2019’s First Trading

JAKARTA (TheInsiderStories) - In the first trading of 2019, the Jakarta Composite Index (JCI) dropped 0.27 percent to 6,178.03 compared to last week. While...

Morning Briefing: May Survives but Brexit Deal Still Risky

JAKARTA (TheInsiderStories) — Good morning! British Prime Minister Theresa May still lead the Conservative party, after won the leadership challenge by winning 200 votes to...

Morning Briefing: Rupiah Continues Gaining Power due to Foreign Inflow

JAKARTA (TheInsiderStories) — Good morning! American  Dollar fell off against other countries’ currencies, following midterm election result that brings Democrats to control parliament. Observers rated,...

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’s Tourist Arrivals Grow 16.6% in August

JAKARTA (TheInsiderStories) - Indonesian tourist arrival showed a positive sentiments to the state of the economy. The number of foreign tourists arrived in Indonesia rose 16.6 per...

Indonesia Waives Oil Income Tax to Lowering Import Costs

JAKARTA (TheInsiderStories) - Indonesian government decided to waive the oil income tax for oil producer (PSC) to lowering the imported costs, said one official on Thursday...

Market Update: Again, Rupiah Touched the Five-years Lowest Level

JAKARTA (TheInsiderStories) - The United States' (US) central bank statement will implies the planned to increase its benchmark rate makes the Rupiah touched again...

Indonesia to Stop Importing Over than 500 Items to Stabilise Rupiah

JAKARTA (TheInsiderStories)--Indonesian government will stop importing 500 items for six months in order to stabilise Rupiah against US dollar. Government also considered to give...

JCI Worst Performer in Asia

JAKARTA (TheInsiderStories)--The Jakarta Composite Index (JCI) fell the most among Asia Pacific markets today (13/8) driven by Turkey crisis and widening current account deficit...

Indonesian Rupiah Hits Lowest Since 2015 due to Turkey Crisis

JAKARTA (TheInsiderStories)--Rupiah hit the lowest level since 2015 as fears over the looming economic crisis in Turkey spreads to other emerging economies. Rupiah weakened 0.97...

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...

Minister Nasution Optimistic Indonesia’s Trade Balance Will Improves

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Affairs Darmin Nasution optimist Indonesia's trade balance will improved by the end of 2018 followed the new government policy such...

Market Update: BI Needs Further Rate Hike to Stabilize Rupiah

JAKARTA (TheInsiderStories)-- Bank Indonesia (BI) should to raise its benchmark rate again in order to stabilize the rupiah. This month, the Bank raised its key interest...