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Indonesia’s Car Sales Drops 48.35% in 2020

JAKARTA (TheInsiderStories) - Indonesian car sales dropped by 48.35 percent during 2020 depressed by the COVID-19 pandemic, the Association of Indonesian Automotive Industries reported today. During...

Indonesia’s AP II Targets 45 Million Passenger Movements in 2021

JAKARTA (TheInsiderStories) - Airport manager, PT Angkasa Pura II (AP II) targets the total number of passenger movements at 19 airports to reach 45 million passengers...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! United States (US) President-elect Joe Bidden prepared US$1.9 trillion relief plan in his first economic policy to pump money into the...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! The House of United States (US) voted 232 to 197 to impeach President Donald Trump for inciting the attack on the...

Indonesian President Receives the First COVID-19 Vaccine

JAKARTA (TheInsiderStories) - Indonesian leader, Joko Widodo, became the first person has been shot with CoronaVac vaccine produced by China' drug-maker Sinovac Life Science Co. Ltd.,...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - The flight data recorder (FDR) of the Sriwijaya SJ-182 aircraft was found by the joint SAR team on Tuesday afternoon and the condition is...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Lawmakers tried to find a way to remove President of United States (US), Donald Trump, on the accusing “incitement to insurrection with just nine...

Indonesia Extends Ban Entry for Foreigners Until End of January

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, announced today, Indonesian government extended the ban entry for foreigners until Jan. 28, 2021, in a bid to...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! With COVID-19 infections rising sharply in many countries, the focus will be on the path of the virus and extent to...

Indonesia Will Gets 108 Million Doses Vaccines from GAVI – COVAX

JAKARTA (TheInsiderStories) - Indonesia will get free vaccines up to 108 million doses from the GAVI - COVAX facility, said finance minister, Sri Mulyani Indrawati, in...

IMF Cuts Indonesia’s Economic Growth in 2021 to 4.8%

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) cut Indonesia' economic growth projection in 2021 to 4.8 Percent and 6.0 percent . Earlier, the agency sees...

Morning Briefing: Various Things to Know On Friday

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government has freed the cleric connected to Bali Bombing, Abu Bakar Ba'asyir from the Gunung Sindur prison in West Java....

Morgan Stanley Optimistic Prospects of Indonesian Stock Market in 2021

JAKARTA (TheInsiderStories) - Global investment bank, Morgan Stanley, assesses that the Indonesian stock market deserves to be looked at by global investors again after a...

World Bank: Global Economy to Expand by 4% in 2021

JAKARTA (TheInsiderStories) -  The global economy is expected to expand 4 percent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! Thousand of Donald Trump supporters storm the United States (US) Congress was supposed to certified President-elect Joe Biden. Some analysts rated the...

Saudi Cuts Production, Oil Prices Hit the Highest Level Since February

JAKARTA (TheInsiderStories) - One of the largest oil producers, Saudi Arabia give a surprised on the production cut by 1 million barrels a day (bpd) starting...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government poised to begin its mass COVID-19 inoculation drive starting with Coronavac vaccines on Jan. 13. But the drug needs to be...

Bio Farma Prepares US$179M to Support Indonesia’s Health Program

JAKARTA (TheInsiderStories) - PT Bio Farma, the state-owned pharmaceutical firm, prepared a capital expenditure around Rp2.5 trillion (US$178.57 million) in this year, the CEO said last...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! The Food and Drug Supervisory Agency has issued a Lot Release certificate for 1.2 million vaccines from the first arrival on...

Indonesia’s Manufacturing PMI Climbs to 51.3 in December

JAKARTA (TheInsiderStories) -  Indonesia Manufacturing Purchasing Managers' Index (PMI) climbed to 51.3 in December from the previous month at 50.6, IHS Markit reported today (01/04). The data...

Indonesia Posts Annual Inflation 1.68%

JAKARTA (TheInsiderStories) - Indonesia posted an inflation 1.68 percent during 2020 due to low purchasing power, the lowest level in history, said the statistic bureau...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Happy New Year all! During the week the investors will get the latest information on the inflation data for December from the statistic...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! On the last day of 2020, various decisions has been made by countries and organizations. As an example, Indonesian government...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Good Morning! The European Union decided to take an additional 100 million doses of the BioNTech/Pfizer vaccine and will have 300 million...

Indonesia Needs 426 Million Doses Vaccines to Secure “Herd Immunity”

JAKARTA (TheInsiderStories) - Indonesia aims to secure COVID-19 vaccines from United States (US)' drug-maker Pfizer and British' AstraZeneca, to fulfill 'herd immunity" for around...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! President of United States (US) Donald Trump signed into law a US$900 billion aid package on Sunday to avoid the government...

Indonesia Shuts the Door to Foreigners Starting Jan. 1 to 14

JAKARTA (TheInsiderStories) - Foreign minister, Retno Marsudi, announced, the government ban all travelers to enter Indonesia starting Jan. 1 - 14 to avoid the spread of a...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! This week is the last week of 2020 and COVID-19 remains the major focus in markets. The rollout of vaccines has...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning and Have a Wonderful Christmas to our readers! Global investors cheered a potential Brexit deal between United Kingdom (UK) and the...

Moody’s Downgrades Sritex Rating to B1 on the Weaken Liquidity

JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the local textile producer, PT Sri Rejeki Isman Tbk also known Sritex (IDX: SRTX) corporate family rating from Ba3...