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Indonesia Considers to Give Stimulus for Tourism Sectors

JAKARTA (TheInsiderStories) - Indonesian government considered to give an incentives to the tourism sector to curb coronavirus effect, said the head of state at the...

Indonesian Worker Infected Coronavirus in Singapore

JAKARTA (TheInsiderStories) - Indonesian foreign ministry confirmed Tuesday (02/04) a migrant worker in Singapore became the first known Indonesian to be infected with the...

BI Intervenes as Coronavirus Spread Weakens Market

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) is intervening in the bonds, currency and non-deliverable forwards markets on Monday (02/03) to protect the rupiah from...

China Cuts Rates, Pumps in Liquidity Amid Coronavirus Outbreak

JAKARTA (TheInsiderStories) - The People’s Bank of China (PBoC) surprisingly lowered the interest rates on reverse repo by 10 bps on Monday (02/03) as...