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Investors Eyes Bank Sampoerna Shares, Banking Consolidation is Underway

JAKARTA (TheInsiderStories) - Foreign and local investors eyes PT Bank Sahabat Sampoerna shares, said the director on Thursday (03/04). Beside capital injection scheme, the company also...

Widodo Optimistic Indonesian Economic Growth 5% in This Year

JAKARTA (TheInsiderStories) - President Joko Widodo optimistic that Indonesian economy will grow 5 percent in this year with various efforts by the government. In the 2021...

US’s GDP Contractions 3.5% in 2020, the Worst Since World War...

JAKARTA (TheInsiderStories) - United States (US) real gross domestic product (GDP) contracted 3.5 percent throughout 2020, the worst economic freeze since the end of World War...

AMRO: Policy Synergy to Support Economic Recovery in Indonesia

JAKARTA (TheInsiderStories) - Amid the COVID-19 pandemic, the economy of Indonesia remains resilient, the ASEAN+3 Macroeconomic Research Office (AMRO) reported. A prompt recalibration of the policy...

Japan’s Economy Recovery to 12.7% in 4Q of 2020

JAKARTA (TheInsiderStories) - Japan' economy expanded in the fourth quarter (4Q) of 2020 from its worst postwar recession by an annualized 12.7 percent compared to...

IHS Markit Revises US GDP Growth to 5.7% in 2021

JAKARTA (TheInsiderStories) - IHS Markit upwardly revises US GDP growth forecast to 5.7 percent in this year on near certainty of a US$1.9 trillion fiscal stimulus package....

Hartarto Sees Indonesia’s Economy to Grow 1.3 – 1.8% in 1Q...

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, sees Indonesian economy to recover in the first quarter of 2021 between 1.3 to 1.8 percent after...

Indonesian Economy Contractions 2.07% in 2020

JAKARTA (TheInsiderStories) - Indonesian economy shrank to minus 2.07 during 2020 from a year ago grew 5.02 percent, the first contraction in over two decades, the statistic...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo and Prime Minister Malaysia Muhyiddin Yassin have a bilateral meeting today in State Palace, Jakarta. This will be...

US’s Economic Growth Contractions 3.6% in 2020

JAKARTA (TheInsiderStories) - The economic growth of United Sates (US) contracted by 3.6 percent compared to last year at 2.2 percent, due to a wave...

China’s Economy Grow Faster in a Midst of the Pandemic

JAKARTA (TheInsiderStories) - China' economy grew faster before the COVID-19 pandemic hit the country. In the fourth quarter 2020, the world second largest economy grew...

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...

Indrawati Revises Down Indonesia’s Economic Growth

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, again revised down Indonesian economic growth minus 2.2 to 1.7 percent in this year due to hight pressured...

World Bank, ADB Revises Down Indonesia’s Economic Growth Outlook

JAKARTA (TheInsiderStories) - The World Bank revises down Indonesian GDP from contraction 1.6 percent to minus 2.2 percent in this year, due to persistent mobility...

Japan’s Economy Grow 22.9% in Third Quarter of 2020

JAKARTA (TheInsiderStories) - Japan' economy grew an annualized 22.9 percent in the third quarter of 2020, revised data from the Cabinet Office showed on Tuesday (08/12)....

ADB Loans PLN US$600M to Expand Energy Access in Eastern Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$600 million loan to help the state-run power producer PT Perusahaan Listrik Negara (PLN), to...

Warjiyo: Indonesia’s Economy Will Be Positive in 4Q of 2020

JAKARTA (TheInsiderStories) - Governor of Bank Indonesia (BI), Perry Warjiyo, optimistic that the economic growth will return to a positive in the fourth quarter (4Q) of...

Japan’s Real GDP Surges, But Resurgence of COVID-19 Could Weigh on...

JAKARTA (TheInsiderStories) - Japan’ real economic growth rebounded by 5.0 percent in the third quarter (3Q) of 2020 compared to previous quarter or rose 21.4 percent...

Indonesia’s GDP Contractions 3.49% in Third Quarter

JAKARTA (TheInsiderStories) - Statistic bureau reported Indonesian economic growth contracted 3.49 percent in third quarter of 2020 compared to same period in 2019. The number...

Widodo Sees Indonesia’s GDP Still Contraction 3% in 3Q

JAKARTA (TheInsiderStories) - President Joko Widodo sees Indonesia' economic growth still contraction over than 3 percent in the third quarter (3Q) of 2020. But, the...

Engines Not Yet in Sync in Asia, Needs Multispeed Recovery

JAKARTA (TheInsiderStories) - The COVID-19 pandemic is still unfolding around the globe, said International Monetary Fund in the latest report. In Asia, as elsewhere, the virus...

Chinese Economy Recovery to 4.9% in 3Q of 2020

JAKARTA (TheInsiderStories) - Chinese economy grew 4.9 percent in the third quarter (3Q) of 2020, but pointing the challenges for COVID-19 shocked still shadowed until...

IMF Revises Down Indonesia’s Economic Growth to -1.5%

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) revised down the projection of Indonesia' economic growth from 0.5 percent in June to contraction 1.5 percent by...

IHS Markit: US GDP to Contract 3.5% in 2020

JAKARTA (TheInsiderStories) - United States (US) economy to pass pre-pandemic peak in late 2021, regain full employment in 2023, said Joel Prakken and Chris Varvares from IHS...

World Bank Revises Down Indonesia’s GDP, EAP Still Grow 0.9%

JAKARTA (TheInsiderStories) - The World Bank sees Indonesian economy will contraction around 1.6 percent to 2.0 percent in this year due to the COVID-19 pandemic. Earlier the multilateral...

Bank Mandiri: Indonesia’s Economy to Contracts 2% in 2020

JAKARTA (TheInsiderStories) - The economist from PT Bank Mandiri Tbk, Andry Asmoro, sees that Indonesian economic growth will be contractions around 1 to 2 percent of...

Breaking: Indonesia Enters the Recession Period

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati said Indonesia' economic growth in the third quarter (3Q) of 2020 still in the negative territory...

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,...

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...

Indrawati Sees Indonesian Economy Contracts 2% in 3Q

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati sees Indonesian economic growth will contraction 2 percent in the third quarter (3Q) of 2020. For the...
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