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Weekly Briefing: PMI Data Proving Global Economy Recover or Not

JAKARTA (TheInsiderStories) - Good Morning! The coming week sees flash PMI surveys released for the United States (US), Eurozone, Japan, United Kingdom (UK), and Australia, which...

Morning Briefing: Most of Global CBs Hold the Rates

JAKARTA (TheInsiderStories) - Good Morning! Indonesia, United States (US), Japan, Taiwan, and Brazil left their benchmark rates and other tools unchanged in their latest meetings. Bank...

ADB: Indonesia’s Economy to Contracts 1% in This Year

JAKARTA (TheInsiderStories) — Indonesia’ economy is forecast to contracts by 1.0 percent in this year amid the pandemic before rebounding to 5.3 percent in 2021,...

Bank Indonesia Maintains Seven Days Repo Rate to Guard Rupiah

JAKARTA (TheInsiderStories) - Bank Indonesia decided kept the seven days reverse repo rate at 4 percent at the latest meeting ended today. The central bank...

Powell Give Signals FFR to Stay Near Zero Until 2023

JAKARTA (TheInsiderStories) - The Federal Reserves (Fed) chairman, Jerome Powell, give a signal that the Fed Fund Rate (FFR) will stay near zero percent until 2023....

Morning Briefing: BI’s Monetary Policy Out Today

JAKARTA (TheInsiderStories) - Good Morning! Board of governor of Bank Indonesia (BI) has an agenda to announced their latest monetary policy after hold the seven...

Indonesia Prepares Omnibus Law for Financial Sectors

JAKARTA (TheInsiderStories) - The Ministry of finance (MoF) prepared omnibus law for the financial sectors to strengthening the industry, the draft showed. The program is part of...

Indonesia’s Car Sales Recovered, Rises 47% in August

JAKARTA (TheInsiderStories) - The Association of Indonesia Automotive Industries (GAIKINDO) reported the car sales in August 2020 rose 47 percent to 37,277 units from July sold...

Japan’s Export Slumps 14.8% in August, Enter the Recession

JAKARTA (TheInsiderStories) - Japan posted a double-digit slump of export in August due to a global slowing demand, dropped for the 21st straight month, the ministry of...

Indonesia Posts Trade Surplus US$2.33B in August

JAKARTA (TheInsiderStories) - Statistics bureau reported that Indonesia posted a trade surplus of US$2.3 billion in August. Last The export value was recorded at...

IHS Markit: Suga Wins Increasing Likelihood of Snap Elections

JAKARTA (TheInsiderStories) - As Yoshihide Suga was elected as Japan’ Liberal Democratic Party (LDP) president with majority votes, indicating he will become the next prime minister...

Pandemic Effect, Indonesia’s Coal Export Volume Drops 11%

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) revealed that the realization of Indonesian coal exports has fallen sharply by 11...

Weekly Briefing: Full of Monetary Policy Meetings

JAKARTA (TheInsiderStories) - Good Morning! This week we will sees monetary policy meetings at the Federal Reserve (Fed), Bank Indonesia, Bank of England, and Bank of...

Coronavirus-led Economic Shock Hurts Demand Across Indonesia’s Property Sector

JAKARTA (TheInsiderStories) - Moody's Investors Service says that the pandemic-led consumption shock will drive economic contraction and hurt demand across all segments of Indonesia' property sector...

Morning Briefing: ECB Keeping Rates on Hold

JAKARTA (TheInsiderStories)  - Good Morning! President of European Central Bank, Christine Lagarde, announced the interest rate on the main refinancing operations and on the marginal lending...

IMF: Emerging Stronger from the Great Lockdown

JAKARTA (TheInsiderStories) - For more than six months, the world has grappled with the severe health and economic consequences of the pandemic. Global economic activity collapsed...

Breaking News: IDX Halt the Stocks Trading

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange halt the first session of trading after the Jakarta Composite Index dropped 5 percent to 4,891.88. The last time,...

Indonesia Postpone the Capital City Project in East Kalimantan

JAKARTA (TheInsiderStories) - Minister of national development planning and Head of Bappenas, Suharso Monoarfa, confirmed that the new capital city project was postponed to 2021. The...

Vale Indonesia Halt Nickel Smelter Projects due to Pandemic

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Vale Indonesia (IDX: INCO), has postponed a US$90 million of its Sorowako nickel smelter in South Sulawesi due...

Morning Briefing: Bank Indonesia Intervenes Rupiah

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia intervenes the money market after Rupiah dropped to 14,800 before closed down 0.23 percent to14,799 against the US Dollar on...

Breaking: Jakarta “Lock” the City Again

JAKARTA (TheInsiderStories) - Governor of Jakarta, Anies Baswedan said the province enact the large-scale social distancing again starting Sept. 14, after number of positive cases in...

Indonesia’s Retail Sales Index Still Contractions 12.3% in July

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the country' retail sales index have continued to improve even though they are still in a contraction phase. This...

Moody’s Sees Indonesian Economy Lowering to 3.9% in 2020

JAKARTA (TheInsiderStories) - Moody's Investors Service sees Indonesian economic growth will ended at 3.9 percent of gross domestic products (GDP) in this year, said the agency...

Indonesia’s Consumer Index Rises to 86.9 in August

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the consumer index in August continues to improve, even though it remains in the pessimistic zone (below 100). Last...

Indonesia Prepares US$2.77B to Produces COVID-19 Vaccines

JAKARTA (TheInsiderStories) - Indonesian government has allocated Rp40.8 trillion ($2.77 billion) of budget to produces a COVID-19 vaccines in multi-years, said senior economic minister on Monday...

Morning Briefing: Chinese Export Surges to 9.5% in 2Q

JAKARTA (TheInsiderStories) - Good Morning! Chinese exports surged by 9.5 percent in Augusts from a year ago, a sign that one of superpower’ economy continuing to recovery...

Indonesia’s Forex Reserves Up to US$137B in August

JAKARTA (TheInsiderStories) - Indonesia’ foreign exchange (forex) reserves slightly up to US$137.0 billion in August from previous month stood at $135.1 billion, Bank Indonesia (BI) reported today...

Weekly Briefing: Global Economy Recovery Begins

JAKARTA (TheInsiderStories) - Good Morning! After signs from the latest business surveys that the global recovery accelerated in August as economies continued to open up after...

COVID-19 Pandemic Maybe Proving Ground for DNA, RNA Vaccine Sector

JAKARTA (TheInsiderStories) - The most sought-after goal in tackling the global COVID-19 will be the development of an effective vaccine that induces effective and long-lasting immunity...

Morning Briefing: White House Avoiding the Government Shutdown

JAKARTA (TheInsiderStories) - The White House expects United States' (US) Congress to approve the legislation needed to avoid a government shutdown at the end of September,...