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Wang Yi Promises to Import More Indonesian Products

JAKARTA (TheInsiderStories) - Chinese Councillor and foreign ministers, Wang Yi, promised that his country would import more Indonesian products and increase investment in Indonesia, as Jakarta urged...

Japan Export Fell 4.2% in November, China and US Improves

JAKARTA (TheInsiderStories) - Export from Japan fell, but China and United States (US) improved in November along with the rising demand from the partnering countries,...

Mainland China’s Exports Growth Likely to Continue

JAKARTA (TheInsiderStories) - China' merchandise exports in US Dollar denominated rose 21.1 percent in November compared to last year (YoY), the fastest pace in two years,...

China Lifts Thermal Coal Import Quota 20MT in This Year

JAKARTA (TheInsiderStories) - China announced to lift its import quota for thermal coal by 20 million tones (MT) of coal until the end of the year. Last...

Germany’s Eximbank Gives Loan US$655M for Indonesia

JAKARTA (TheInsiderStories) - Federal Republic of Germany gave a bilateral loans of EUR550 million (US$654.76 million) to help Indonesian economy from the impact of the COVID-19...

EU Ends Anti-subsidy Probes HRSS Steel from Indonesia, China

JAKARTA (TheInsiderStories) - The European Union (EU) officially suspended the anti-subsidies investigation against hot rolled stainless steel (HRSS) from Indonesia and China. HRSS is a steel product...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! United States (US) secretary of state Michael Pompeo and secretary of defense Mark Esper will travel to Indonesia, India, Sri Lanka,...

Chinese Economy Recovery to 4.9% in 3Q of 2020

JAKARTA (TheInsiderStories) - Chinese economy grew 4.9 percent in the third quarter (3Q) of 2020, but pointing the challenges for COVID-19 shocked still shadowed until...

Indonesia Gets 100 Million Doses of Vaccine Powder from AstraZeneca

JAKARTA (TheInsiderStories) - The Indonesian government secured 100 million doses of vaccines powder from AstraZenecca (LSE: AZN), a pharmaceutical firm listed on the London Stock Exchange,...

Indonesian Export to China Rises 6.4% in Eight Months

JAKARTA (TheInsiderStories) - Total trade between Indonesia and China reached US$48.7 billion during January - August 2020, said ambassador to China and Mongolia, Djauhari Oratmangun, in an...

Indonesia Eximbank Receives Funding US$580M from China

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency (Eximbank) received funding with a total value of US$580 million from China Eximbank and PT Bank ICBC Indonesia,...

Defense Ministers of Indonesia, China Discusses South China Sea Dispute

JAKARTA (TheInsiderStories) - Defense minister of Indonesia, Prabowo Subianto, has met Chinese state councilor and defense minister, Wei Fenghe, at his office on Tuesday (09/08). In...

Indonesia Set Up Travel Arrangement with China and UAE

JAKARTA (TheInsiderStories) - After explore the travel bubble with Singapore, now Indonesia aimed to set up a travel link with China and Uni Arab Emirates (UAE)...

Morning Briefing: US-China Relations Plummeted to Lowest Point

JAKARTA (TheInsiderStories) - Good Morning! United States (US) - China relations have plummeted to their lowest point in decades. Secretary of state, Mike Pompeo, said...

Morning Briefing: Hubungan US-China Memanas, Investor Khawatir

JAKARTA (TheInsiderStories) - Selamat Pagi! Investor di seluruh dunia mengkhawatirkan ketegangan antara China dan Amerika Serikat (AS) yang semakin memanas. Mereka juga menunggu paket...

Morning Briefing: US-China Relations Heating Up, Investors Worried

JAKARTA (TheInsiderStories) - Good Morning! Investors around the globe concerns on the tension between China and the United States (US), which is increasingly heating up....

Pertumbuhan Ekonomi Tiongkok Kembali Positif di Kuartal 2

JAKARTA (TheInsiderStories) - Ekonomi Tiongkok tumbuh 3,2 persen pada kuartal kedua (Q2) tahun 2020 dari tahun sebelumnya, Biro Statistik Nasional melaporkan pada Kamis (16/07)....

China’s Economy Rebound to Positive in the 2Q of 2020

JAKARTA (TheInsiderStories) - Chinese economy grew 3.2 percent in the second quarter (2Q) of 2020 from a year earlier, the National Bureau of Statistics reported on...

China Passes National Security Law for Hong Kong

JAKARTA (TheInsiderStories) - National People's Congress of China has passed a national security law for Hong Kong that prohibits acts of secession, subversion, terrorism...

Trump: US – China Trade Deal Remains in Place

JAKARTA (TheInsiderStories) - President Donald Trump said the United States (US) - China trade deal remains in place shortly after a senior said on national television...

Indonesia Sees Domestic Coal Price at US$59/MT in This Year

JAKARTA (TheInsiderStories) - Indonesian official sees the domestic coal price will be lowering to US$59 a metric ton of coal until the end of 2020...

PBoC Poured US$21B to the Banking System via Reverse Repos

JAKARTa (TheInsiderStoris) - People's Bank of China (PBoC) pumped cash RMB50 billion (US$21.18 billion) into the banking system through seven-day reverse repos to maintain liquidity, said...

Benchmark of Indonesia’s Coal Prices Lowers to US$52.98/MT in June

JAKARTA (TheInsiderStories) - The reference coal price in June was dropped again to US$52.98 per metric ton (MT) of coal compared to last month was $61.11...

Morning Briefing: Trump Fences the White House amid Floyd’s Protest

JAKARTA (TheInsiderStories) - Good Morning! The White House has a high wall around it to protect the security of President Donald Trump and the government...

Morning Briefing: Indonesia Urges to Re-open the Economy

JAKARTA (TheInsiderStories) - Good Morning! Indonesia pushes to re-open the economy to curb mounting job looses but the data not support the plans. The task force...

Premier Li: No Economic Growth Targets in 2020

JAKARTA (TheInsiderStories) - Chinese government decided not to put numerical targets for the economic growth in this year amid the COVID-19 pandemic, said the prime minister...

Indonesian Palm Oil Exports Drop Sharply in Jan – Feb 2020

JAKARTA (TheInsiderStories) - Indonesia’ palm oil exports and its derivatives dropped nearly to 34 percent from 6.6 million tons (MT) to 4.93 MT in the first two...

Morning Briefing: WTI Price Turns to Negative for First Time

JAKARTA (TheInsiderStories) - Good Morning! United States (US) West Texas Index (WTI) crude prices slipped into negative territory for the first time ever over storage capacity...

Chinese Economy Fall Off to Lowest Level Since 1992

JAKARTA (TheInsiderStories) - Chinese economy fall off to 6.8 percent in the first quarter (1Q) of 2010 due to COVID-19 crisis, the lowest level since 1992,...

Global Economy: After Worst Recession in 1930s, What Path Will the...

JAKARTA (TheInsiderStories) - IHS Markit is looking past the horrific second-quarter drop in real GDP, and a deeper recession in 2020 than in 200 8 –...