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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...

WHO Declares Coronavirus a Global Public Health Emergency

JAKARTA (TheInsiderStories) - The World Health Organization (WHO) on Thursday (01/30) declared the fast-spreading coronavirus that’s infected more than 8,200 across the world is...

OPEC Considers to Moves March’s Meeting to February

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) members are considering holding an emergency meeting in February after oil prices slumped on concern the...

Coronavirus Hurts China’s Spending, Spillover to Global Companies

JAKARTA (TheInsiderStories) - Coronavirus risk of contagion is affecting economic activity and financial markets. The immediate and most significant economic impact is in China...

Morning Briefing: Brexit Deal Approved by the European Parliament

JAKARTA (TheInsiderStories) - Good Morning! The European Parliament gave its final approval the United Kingdom (UK) Brexit deal to take place on Friday. The withdrawal agreement...

Morning Briefing: FOMC Policy, Indonesia’s Investment Realization Out Today

JAKARTA (TheInsiderStories) - Good Morning! The policymakers fused in Federal Market Open Committee announces their monetary stance today. Last month, the Federal Reserves left the...

Indonesia Sets Focus on America, European Tourists Amid Coronavirus Outbreak

JAKARTA (TheInsiderStories) - The government is now seeking to lure more visitors from America, Australia, and European countries amid the outbreak of the novel...

Indrawati: China’s Economy Will Be Influenced by Coronavirus

JAKARTA (TheInsiderStories) - Finance Minister of Indonesia, Sri Mulyani Indrawati, sees China’ economic growth will affected by the coronavirus and could drop below 6 percent in...

Escalation of Wuhan Virus Epidemic: Rising Economic Impact on the Asia-Pacific...

JAKARTA (TheInsiderStories) - The outbreak of a SARS-like coronavirus (2019-nCoV) in Wuhan has escalated rapidly over the past week. A total of 224 cases of...

Global Financial Market Plummet as Wuhan Virus Spreads

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo monitored the development of coronavirus in Wuhan, China, and promised to protect Indonesian citizens who live at the...

Morning Briefing: Wuhan Coronavirus has an Impact to the Global Economy

JAKARTA (TheInsiderStories) - Good Morning! Today, President Joko Widodo will lead a limited meeting on micro lending and one map policy. While, the coordinating minister...