Tag: Coronavirus
OECD: Global Economy Daces Gravest Threat Since the Crisis
JAKARTA (TheInsideStories) - The coronavirus presents the global economy with its greatest danger since the financial crisis. The COVID-19 is spreading from China to other regions causing...
BI Injects US$3.2B in Local Bank Through Various Policies
JAKARTA (TheInsiderStories) - After President Joko Widodo announced two peoples were positively infected by the coronavirus, Bank Indonesia (BI) injects liquidity of US$3.2 billion to local...
Morning Briefing: The Coronavirus Widespread
JAKARTA (TheInsiderStories) - Good Morning! World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus said, the spread of coronavirus is increasingly at a global level. At a briefing...
Foreign Tourist Arrivals in Indonesia Drops 7.82% in January
JAKARTA (TheInsiderStories) - The number of foreign tourist arrivals to Indonesia dropped 7.62 percent in January, 2020, compared to December 2019, the Statistic Indonesia reported on...
IDX Stops Short Selling Transaction to Curb the JCI
JAKARTA (TheInsiderStories) - The Indonesia Stock Exchange (IDX) revokes all short selling transaction in the stock market followed the drowned of the Jakarta Composite Index...
Breaking News: Two Indonesians has been Affected Coronavirus
JAKARTA (TheInsiderStories) - President Joko Widodo announces two Indonesian peoples has been affected by coronavirus. The victim one old lady and her daughter has been...
Weekly Briefing: Investors Eager to See Economic Trends Amid the Coronavirus
JAKARTA (TheInsiderStories) - Good Morning! A busy economic calendar this week, starts with Statistic Indonesia February' inflation report and foreign exchange reserves on Friday. Last January,...
Global Oil Prices Falls 23 Percent During 2020
JAKARTA (TheInsiderStories) - Global oil prices have fallen in line with growing concern over the transmission of the coronavirus and its impact on the economy....
Coronavirus More Dangerous than Trade War
JAKARTA (TheInsiderStories) - The coronavirus become new scourge for the global economy, especially Indonesia. Its pandemic is more dangerous than trade war. Its not surprising if the...
Morning Briefing: Global Market Plunge for the Worst Since 2018’s World...
JAKARTA (TheInsiderStories) - Good Morning! Global shares plunge amid brutal selling by investor and headed for the worst week since the world financial crisis in 2019....
Coronavirus Give More Impacts to Indonesia’s Economy
JAKARTA (TheInsiderStories) - The coronavirus outbreak impact expanding to multi sector. Today, Saudi' hajj and umrah ministry announced temporary to ban the influx of foreign...
Morning Briefing: Global Market Losses Over US$3B Caused of Coronavirus
JAKARTA (TheInsiderStories) - Good Morning! In the face of constant selling pressure, many investors are hoping the Federal Reserves will ride to the rescue or do...
Indonesia’s Authority Prepares Stimulus to Support the Economy
JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) prepares a stimulus to maintain national economic growth as a countercyclical policy in anticipation of down-side risk from...
Indonesia Rolls Out Stimulus US$735M to Blow the Coronavirus Effects
JAKARTA (TheInsiderStories) - Indonesia rolled out a Rp10.3 trillion (US$735.71 million) stimulus package in an effort to cushion the blow of the coronavirus outbreak on...
Morning Briefing: Malaysia’s PM Offers Big Coalition
JAKARTA (TheInsiderStories) - Malaysia' interim prime minister, Mahathir Mohammad has met the leaders of major political parties, including Anwar Ibrahim and those he defeated in the...
Indonesia Drives Spending to Curb the Domestic Economy
JAKARTA (TheInsiderStories) - Indonesian President asked his staff to accelerates the disbursement of government spending to boost the domestic economy at the limited meeting...
WHO: Coronavirus has Pandemic Potential
JAKARTA (TheInsiderStories) - The deadly coronavirus again makes global concerns but it has not yet developed into a pandemic, according to the World Health Organization (WHO). So...
Morning Briefing: BI Intervenes Market, COVID-19 Widespread
JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia intervened the spot foreign exchange market, domestic NDF and bond markets to stem outflows related to fears of the...
G20 Calls Coordination Response to Coronavirus
JAKARTA (TheInsiderStories) - Finance leaders from the Group of 20 (G20) called for a coordinated response to the coronavirus (COVID-19) outbreak, which the International Monetary Fund...
Weekly Briefing: Center of the Week China’s Economic Data
JAKARTA (TheInsiderStories) - Good Morning! The first major data release out of China since the coronavirus outbreak out this week, with the February update of the...
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...
