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Coronavirus Effect, Indonesian Growth Could Drop Below 5%

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati rated, the coronavirus effect could harm Indonesia and global economy. In the 2020 State Budget, the...

Economic Growth to Slow Across Asia Pacific

JAKARTA (TheInsiderStories) - The coronavirus outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and...

Morning Briefing: Euro Falls to the Lowest Level Since 2017 Amid...

JAKARTA (TheInsiderStories) - Good Morning! The weak manufacturing and gross domestic product (GDP) data of Germany, Europe' largest economy, bring Euro close to its lowest since...

Singapore Downgrades Economic Growth Over Coronavirus

JAKARTA (TheInsiderStories)- Singapore' trade and industry ministry (MTI) has downgraded the GDP growth forecast from -0.5 to 1.5 per cent in this year, with...

Weekly Briefing: Policy, Trade, PMI Data Haunts the Market

JAKARTA (TheInsiderStories) - Good Morning! This week monetary policy action comes from Indonesia, while central banks in the United States (US), Europe, Australia and India release...

Xi Assures Mahathir to Minimize Coronavirus Impact

JAKARTA (TheInsiderStories) - After called Indonesian President Joko Widodo, Chinese President Xi Jinping also have a phone-called with Malaysia' Prime Minister Mahathir Mohammad on the novel...

Morning Briefing: Indonesia Oversees the Inflation Target

JAKARTA (TheInsiderStories) - Good Morning! To keep inflation remaining within the target range of 3.0±1 percent, the government and Bank Indonesia (BI) agreed to maintaining volatile...

Indonesia Officially Ban Live Animals Import from China

JAKARTA (TheInsiderStories) - To anticipate coronavirus outbreak, ministry of trade has officially temporarily stops live animals import from or have transited in China to Indonesia,...

Morning Briefing: Powell Says Less Room to Cut Rates

JAKARTA (TheInsiderStories) - Good Morning! Chairman of Federal Reserve, Jerome Powell said, there is a less room to cut the rates in this year and...

Prolonged Coronavirus Outbreak Would Hurt APAC Bank Profitability

JAKARTA (TheInsiderStories) - Prolonged coronavirus outbreak would hurt Asia Pacific (ex-China) bank profitability and asset quality, says Moody's Investors Service in the latest report released today...

Xi, Widodo Discusses Fight Against Coronavirus

JAKARTA (TheInsiderStories) - Chinese President Xi Jinping spoke over phone with his Indonesian counterpart Joko Widodo on the coronavirus issues on Tuesday night (02/11), Xinhuanews...

Coronavirus Economic Shockwave Hits the APAC Aviation Industry

JAKARTA (TheInsiderStories) - The Asia Pacific commercial aviation industry is being hit by a massive economic shockwave from the escalating novel coronavirus crisis sweeping across the...

Governments Most Exposed to Economic Repercussions of Coronavirus Tend to Have...

JAKARTA (TheInsiderStories) - The coronavirus outbreak poses increasing risks to the growth outlook for a number of countries in particular in Asia Pacific, but that...

US’s Fed Monitoring Coronavirus Disruption

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) chairman, Jerome Powell, his office are  “closely monitoring” the coronavirus for disruptions “that could spill over to...

Morning Briefing: Powell Calls Congress to Reduce US’s Deficit

JAKARTA (TheInsiderStories) - Good Morning! United States (US) Federal Reserve (Fed) chair, Jerome Powell, called on Congress to reduce the deficit amid concerns about the...

Pangestu Sees Coronavirus Could Drag Indonesian Economy

BOGOR (TheInsiderStories) - The new World Bank' managing director, Mari Elka Pangestu, rated that the coronavirus has the potential to drag Indonesia' economic growth to less...

Morning Briefing: The Impact of Coronavirus Has Not Faded

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo lead the cabinet meeting today, to mitigate the global economic development amid various problem such as coronavirus,...

Weekly Briefing: Chinese Economy Back to Normal

JAKARTA (TheInsiderStories) - Good Morning! The chinese economy back to normal again starting today after the coronavirus outbreak has hit the country for weeks. Although,...

Impacts of Coronavirus Containment Effort Ripple Through Global Economy

JAKARTA (TheInsiderStories) - Coronavirus will have a larger negative effect on the global economy than the SARS outbreak in 2003, said IHS Markit reported today (02/07)....

Morning Briefing: The Latest Forex Reserves Announces by BI Today

JAKARTA (TheInsiderStories) - Good Morning! The latest foreign exchange (forex) reserves position will announces by Bank Indonesia (BI) today. Last December the reserves stood at US$192.2...

Indonesia Responds China’s Complaints on Temporary Travel, Import Ban

JAKARTA (TheInsiderStories - President of Indonesia, Joko Widodo, said that the country' policies in suspending flights from China and temporarily curb imports has been taken to protect national interests,...

Oil Prices Climbs After OPEC, Allies Considers Further Cut Output

JAKARTA (TheInsiderSTories) - After dropped below US$50 a barrel on Tuesday, oil price boosted by the Organization of the Petroleum Exporting Countries (OPEC) and its allies...

Morning Briefing: Indonesia’s GDP Out Today, Coronavirus Spread Wider

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia will announces the gross domestic product (GDP) of the countries in fourth quarter of 2019. In the second...

Morning Briefing: Indonesia Temporally Stop Import from China

JAKARTA (TheInsiderStories) - Good Morning! Indonesia' trade minister, Agus Suparmanto, said that he would temporarily stop the process of importing food and beverage products from China...

China’s Stock Markets Slump on Wuhan Virus Black Swan Economic Impact

JAKARTA (TheInsiderStories) - Asian stock markets were a sea of red as mainland Chinese stock markets plunged after reopening at the end of the Lunar New...

Indonesia Tourist Arrivals Below 2019’s Target

JAKARTA (TheInsiderStories) - Foreign tourist arrivals in Indonesia during 2019 reached 16.11 million visits, the county' statistics agency said Monday (02/03), missing the government's...

Weekly Briefing: The Center of Attention Coronavirus and Brexit

JAKARTA (TheInsiderStories) - Good Morning! This week market still sees the Wuhan coronavirus and Brexit developments. Signs of the virus impacting business are unlikely to be...

Indonesia Evacuates 243 Citizens from Wuhan Amid Coronavirus Spreads

JAKARTA (TheInsiderStories) - Indonesian government flew 243 its citizens from China's Hubei province on Sunday (02/02) and placed them under quarantine at a military...

IHS Markit: Coronavirus Fears Shake Commodities

JAKARTA (TheInsiderStories) - Commodity prices, as measured by the IHS Markit Materials Price Index (MPI), fell 1.0 percent last week in a broad-based move that...

Morning Briefing: President Instructs Evacuation of Indonesian Citizens in Hubei Province

JAKARTA (TheInsiderStories) - President Joko Widodo has instructed his ministers to immediately evacuate Indonesian citizens in the Hubei Province, China, followed the coronavirus spread...