Tag: COVID-19
Indonesia Officially Send Revise Budget to Parliament
JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, officially sent the revision of 2020 State Budget to House of Representatives today (04/02). At the meeting...
Breaking: Jakarta Proposes Territorial Quarantine
JAKARTA (TheInsiderStories) - Jakarta province proposes territorial quarantine follows the increasing number positive cases of COVID-19 in the last few weeks, said the governor during...
Indonesia AirAsia Halts the International Operations Until May
JAKARTA (TheInsiderStories) - Indonesia AirAsia temporarily suspended all domestic operations starting April 1 to 21, 2020, and international routes until May 17, 2020 to support the...
Morning Briefing: Foreign Tourists Number Drops 30% in February
JAKARTA (TheInsiderStories) - Good Morning! Number of foreign tourists in Indonesia declined sharply due to the COVID-19 outbreak. The statistic bureau reported the number of arrivals...
Warjiyo Assesses the Current Rupiah Level is Sufficient
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) governor, Perry Warjiyo rated, the current Rupiah level is sufficient for the country. This morning the local exchange rate...
Fin Min Sees Indonesia’s GDP Could in Negative Zones
JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati sees Indonesia' economic growth could touches the negative level at minus 0.4 percent to 2.3 percent in...
Morning Briefing: March’s Inflation Announces Today
JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia announces the latest inflation rate in March. Last month the inflation stood 0.28 percent compared to...
Breaking: Indonesia Widens the 2020 Budget Deficit to 5.07%
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo decided widening the 2020 State Budget deficit from 2.5 percent to 5.07 of gross domestic products (GDP) to...
Indonesian Government Temporarily Bans the Arrival of Foreigners
JAKARTA (TheInsiderStories) - Indonesian government decided to temporarily stop the arrivals of foreigner to the country to limits the COVID-19 spread. This was conveyed by minister...
G20 Committed to Maintains the Flow of Goods During the Pandemic
JAKARTA (TheInsiderStories) - The minister of trade of the Group of 20 (G20) produced an agreement on the importance of the members give a strong confidence...
UNDP Seeking Unprecedented COVID-19 Support for Vulnerable Countries
JAKARTA (TheInsiderStories) - The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term but as a...
Countries Must Act Now to Mitigate Economic Shock of COVID-19
JAKARTA (TheInsiderStories) - Developing economies in East Asia and the Pacific (EAP), already struggling with international trade tensions and COVID-19, now face a global shock as...
Morning Briefing: Indonesia Reviews Foreigner Movement
JAKARTA (TheInsiderStories) - Good Morning! Today, President Joko Widodo has schedule to lead the limited meeting on foreigner movement in Indonesia. While, the central bank'...
Indonesia’s President Prepares Large-Scale Social Restrictions Rule
JAKARTA (TheInsiderStories) - President Joko Widodo President Joko Widodo ready to carry out large-scale of social distancing to face the spread of COVID-19 and...
Indonesia to Releases Territorial Quarantine Regulation
JAKARTA (TheInsiderStories) - Indonesian government will soon issue a government regulation on territorial quarantine which will restrict the movement of people, limit the crowd, and limit...
US Scramble for Resources in COVID-19 Response
JAKARTA (TheInsiderStories) - Based on new IHS Markit data, the United States (US) shortage of medical supplies is being exacerbated by trade disruptions from the...
Weekly Briefing: Hope for the Global Economy Recovery Arise
JAKARTA (TheInsiderStories) - Good Morning! Final purchasing managers index (PMI) data will be keenly anticipated for the extent of the broader economic impact of the...
Morning Briefing: G20 Moves, Trump’s Relief Bill Awaits Parliamentary Approval
JAKARTA (TheInsiderStories) - Good Morning! In the virtual meeting of Group of 20 (G20) on Thursday, the leaders agreed to mobilize funds US$4 billion from...
G20 Leaders Agrees to Inject US$5T into Global Economy
JAKARTA (TheInsiderStories) - Group of 20 (G20) leaders agreed to inject US$5 trillion into global economy, it said in a joint statement released today (03/26). The virtual...
Indonesia Considers to Release Recovery Bond for COVID-19 Financing
JAKARTA (TheInsiderStories) - Indonesian government is considering to release a recovery bond in Rupiah denomination to cover the financing of COVID-19 countermeasures, said the government official...
World Bank, IMF Announces Debt Relief for Poorest Countries
JAKARTA (TheInsiderStories) - The World Bank Group and International Monetary Fund (IMF) announced the debt relief for the poorest countries amid the coronavirus outbreak, said the...
Morning Briefing: Leaders of G20 Meet, US’s Stimulus Package Approves
JAKARTA (TheInsiderStories) - Good Morning! Leaders of Group 20 (G20) scheduled to have a virtual meeting tonight addressing the spread of COVID-19 in the world....
Moody’s Affirms MedcoEnergi Rating B1 Amid the Oil Prices War
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B1 corporate family rating of publicly listed, PT Medco Energi Internasional Tbk (IDX: MEDC). The agency also...
Indonesia Relaxes Medical Devices Import Procedures
JAKARTA (TheInsiderStories) - Indonesian government relaxed the importation of medical devices and personal protection to helps the COVID-19 handling in the archipelago, said trade minister on...
Morning Briefing: Indonesia Shortens Trading Hours
JAKARTA (TheInsiderStories) - Good Morning! The Financial Services Authority (FSA) shortened the money and stock transaction hours to support the government' steps to prevent the spread...
Indonesia Considers to Revises 2020 State Budget
JAKARTA (TheInsiderStories) - Indonesian government considered to revises the 2020 State Budget along with strong impact from COVID-19 impacts, said finance minister today (03/24). She...
BI Sees Rupiah Getting Stable, Inflation Benign in March
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) assesses that the Rupiah movement getting stable after plunged for several days and almost touched the lowest level in history. Until...
Thohir Encourages SOEs to Issue Global Bonds
JAKARTA (TheInsiderStories) - Minister of State Own Enterprises (SOEs), Erick Thohir, urged a number of largest state firms to issue global bonds in order to...
G20 Mulls Joint Efforts to Handle COVID-19 Outbreak
JAKARTA (TheInsiderStories) - Group of 20 (G20) financial ministers and central bank governors agreed to develop a joint Action Plan in response to the COVID-19,...
Indonesian Rupiah Almost Touched the Lowest Level in History
JAKARTA (TheInsiderStories) - Indonesia Rupiah almost touched the lowest level in history at Rp16,800 a US Dollar, after continued to weaken at Rp16,570 on Monday (03/23). While,...