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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...

Indonesia’s Investment Realization Rises 6% in 1Q 2020

JAKARTA (TheInsiderStories) - Indonesian Investment Coordinating Board is estimating the investment realization in first quarter (1Q) of 2020 rises six percent compared to same period...

Indonesia’s GDP Only 2.5% This Year if COVID-19 Prolonged

JAKARTA (TheInsiderStories) - In worse scenario, Finance minister Sri Mulyani Indrawati, sees Indonesia' economic growth could be in the range 0 - 2.5 percent if...

Fitch Revises Down Indonesia’s Economic Growth to 4.8% in 2020

JAKARTA (TheInsiderStories) – Fitch Ratings revised down Indonesia’ economic growth forecasts from 5.1 percent to 4.8 percent in 2020 amid the COVID-19 outbreak, it...

Indonesia FinMin Sees Economic Growth 4.9% in 1Q 2020

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati sees Indonesia' economic growth in first quarter (1Q) stood at 4.9 percent of gross domestic products (GDP),...

Coronavirus Will Hurt Economic Growth in Many Countries in 1H of...

JAKARTA (TheInsiderStories) - Moody’s Investors Service has revised its global macro outlook and its baseline growth forecasts for all G20 economies. The coronavirus outbreak has spread...

Morning Briefing: BI Sees Indonesia Economy Rebound in 2Q

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia believes there is an economic rebound in the second quarter (2Q) of 2020 due to the coronavirus outbreak. The...

Indonesia’s Monthly Inflation Stood at 0.28% in February

JAKARTA (TheInsiderStories) - Statistics Indonesia reported February' inflation stood at 0.28 percent on month to month (MoM) and for the calendar year was 0.66 percent...

The Central Bank Lowering Indonesia’s Growth 5.0 – 5.4% in 2020

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) lowering the country' economic growth outlook from 5.1 - 5.5 percent to 5.0-5.4 percent in 2020, weighed by COVID-19, said...

ASEAN, China Discuss COVID-19 Effects to the Region

JAKARTA (TheInsiderStories) - Foreign ministers Association of Southeast Asian Nations (ASEAN) and China discussed the outbreak of the Coronavirus Disease 2019 (COVID-19) at the special meeting...

Coronavirus Effect, Indonesian Growth Could Drop Below 5%

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati rated, the coronavirus effect could harm Indonesia and global economy. In the 2020 State Budget, the...

Singapore Downgrades Economic Growth Over Coronavirus

JAKARTA (TheInsiderStories)- Singapore' trade and industry ministry (MTI) has downgraded the GDP growth forecast from -0.5 to 1.5 per cent in this year, with...

Indonesia’s Omnibus Law on Job Creation Submitted to Parliament Amid Criticism

JAKARTA (TheInsiderStories) - Indonesian government has sent the controversial  Omnibus Law on job creation to parliament last week, marking a labor reforms that are intended to...

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...

Indonesia Retail Sales Declines in January, says BI

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) reported the retail sales index (RSI) in January are predicted to decline inline with seasonal patterns at the beginning of...

Indonesia’s CCI Drops Sharply to 121.7 in January

JAKARTA (TheInsiderStroies) - Indonesia’ consumer confidence index (CCI) dropped to 121.7 in January from 126.4 in December 2019, the central bank reported today (02/06). Nevertheless, Bank Indonesia (BI)...

Warjiyo Urges Banks to Cut Loan Rates Immediately

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) Governor Perry Warjiyo urges the nation' leaders to immediately adjust their deposit and loan rates with the central...

Indonesia’s GDP Growth Slips to 5.02% in 2019

JAKARTA (TheInsiderStories) - Indonesia's gross domestic product (GDP) growth slipped to 5.02 percent in 2019, lower than 5.17 percent achieved in 2018, statistics agency...

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...

Morning Briefing: BI Sees Indonesia’s Economic Growth 5.1% in 2019

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia (BI) sees Indonesia' economic growth landed at 5.1 percent during past year, supported by improvements in exports and household consumption...

Indonesia, Hungary Plans to Establish Investment Fund

JAKARTA (TheInsiderStories) - Indonesia and Hungary plans to establish the an investment fund to support the infrastructure development in the country, foreign minister told reporters after...

Indonesia Holds Key Interest Rates at 5%

JAKARTA (TheInsiderStories) -  Bank Indonesia (BI) held its benchmark 7-day reverse repo rate (BI7DRRR) at 5 percent during its January meeting on Thursday (01/23)....

IMF Lowers Indonesia’s GDP Growth Prospects

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) has lowered Indonesia's gross domestic product (GDP) prospects to 4.8 percent in 2020 and 5.1 percent...

BOJ Hints to Ease Further If Needed

JAKARTA (TheInsiderStories) - The Bank of Japan (BOJ) would not hesitate to ease monetary policy further if necessary in order to maintain momentum toward...

Moody’s: Negative outlook for APAC Sovereigns in 2020

JAKARTA (TheInsiderStories) - Moody's Investors Service says outlook for Asia Pacific (APAC) sovereign creditworthiness in 2020 is negative, underpinned by slower economic growth, a turbulent external environment...

India’s Economic Growth to Touchs the Lowest Level Since Global Financial...

JAKARTA (TheInsiderStories) - Indian real GDP growth in the 2019 - 2020 financial year is estimated to moderate to a pace of 5.0 percent year on...

Indonesia’s Consumer Confidence Index Rises to 126.4 in December

JAKARTA (TheInsiderStories) – Indonesia's consumer confidence index increased to 126.4 in December 2019 from 124.2 in the previous month, Bank Indonesia (BI) wrote in...

Morning Briefing: Indonesia Sees the Economy Grow 5.6 – 6.2%

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo will sign National Medium-term Development Plan of Indonesia decree on Jan. 20. During 2020 - 2024, the government...

Bank Indonesia Keeps Interest Rates Unchanged

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) left its benchmark 7-day reverse repo rate (BI 7DRRR) at 5 percent during its December meeting on Thursday...

Indonesia Needs Investment US$2,517B to Grow 6%

JAKARTA (TheInsiderStories)  - Indonesia needs Rp35,428 trillion (US$2,517.71 billion) of investment in five years period to reach the six percent growth, said national development...