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ADB: MSMEs Key to Southeast Asia’s Post COVID-19 Recovery

JAKARTA (TheInsiderStories) - Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated...

US Congress’s Aid Packages US$380M Unused, Trump Signs Healthcare Plan

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) chair Jerome Powell and treasury secretary Steven Mnuchin, reported as much as US$380 billion from the Congress'...

Indonesia’s Public Works Ministry Prepares US$10B

JAKARTA (TheInsiderStories) - Public works and public housing prepared funds amounting to Rp149.81 trillion (US$10.12 billion) to support the infrastructure projects in Indonesia. The government...

Indonesia Prepares the Constructions of Eight Toll Roads

JAKARTA (TheInsiderStories) - Indonesian government has prepared the construction of eight new toll roads to connect the strategic areas and growth centers in Java and Bali at...

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 Reviews the Financial System Reform to Overcome the Pandemic

JAKARTA (TheInsiderStories) -  Indonesia is preparing a government regulation in lieu of law on financial system reform to accommodate a deeper crisis situation due to...

Global Supply Chain Shifts Give Implications for ASEAN Economies

JAKARTA (TheInsiderStories) - Moody's Investors Service says that shifting supply chains, as countries reconfigure trade relationships following the coronavirus crisis, will have mixed credit implications for...

Indonesia’s PIP Distributes US$82M to Accelerate the Economic Recovery

JAKARTA (TheInsiderStories) - The ministry of finance' government investment center (PIP) has distributed ultra micro financing of Rp1.2 trillion (US$81.63 million) to state-owned financial...

Indonesia Prepares Infrastructure Fund US$28.55B in 2021

JAKARTA (TheInsiderStories) - The Indonesian government has prepared an infrastructure funds worth of Rp414.0 trillion (US$28.55 billion) in 2021, said public work and public house minister on...

Indian Economy Set for Post-COVID Rebound

JAKARTA (TheInsiderStories) - The impact of the COVID-19 pandemic in India has resulted in severe disruptions to industrial production and consumption spending during April and May....

Modi to Release SOEs Shares to Finances Budget Deficit

JAKARTA (TheInsiderStories) - The high case of COVID-19, forced the Indian Prime Minister, Narenda Modi, to find a strategy to cover the budget deficit...

World Bank Put Indonesia as an Upper Middle Income Country

JAKARTA (TheInsiderStories) - The World Bank has raised Indonesia's status from middle-income to upper-middle-income nations as of July 1, 2020. This was given after...

Morning Briefing: India – China Relationships Heats Up

JAKARTA (TheInsiderStories) - Global media reported, Indian soldiers were killed in heavy fighting with Chinese troops on the disputed border for a week in the...

Bank of Japan Kept Monetary Steady at Negative Level

JAKARTA (TheInsiderStories) - Bank of Japan (BoJ) kept the monetary policy steady at -0.1 percent, signaling that it has taken enough steps to support the...

Indonesia Prepares More Stimulus for Industrial Sector

JAKARTA (TheInsiderStories) - Indonesian government is preparing additional stimulus for the industrial sector was affected by the COVID-19 pandemic, said industry minister on Thursday (06/11). This...

Fin Min, FSA Signs a Decree to Support Economic Recovery Program

JAKARTA (TheInsiderStories) - Financial Service Agency (FSA) has signed the joint decree with the government to support the National Economic Recovery Program (ERP), said the...

The Fed Sees US Economy Shrink to 6.5% in This Year

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) rated United States (US) economy would shrink to 6.5 percent this year. However, the central bank expects the economy will...

Widodo Doesn’t Falter to Re-close Indonesia if COVID-19 Patient Rises

JAKARTA (TheInsiderStories) - President Joko Widodo not hesitate to re-close Indonesia if the daily COVID-19 patients rise during the implementation of "new normal". He...

Indonesia’s Forex Reserves Rises to US$130.5B in May

JAKARTA (TheInsiderStories) - Indonesia' foreign exchange (forex) reserves rose to US$130.5 billion in May from previous month at $127.9 billion, the central bank reported today (06/08)....

Japan Prepares More Stimulus Package to Help the Economy

JAKARTA (TheInsiderStories) - Japanese government is considering a new stimulus package worth more than JPY100 trillion (US$928.76 billion) for a second additional budget in this year following...

BoJ’s Bold Movement May Not Enough to Drive Economic Activities

JAKARTA (TheInsiderStories) - At today’ meeting, held earlier than previously scheduled, the Bank of Japan (BoJ) announced additional measures to mitigate the economic impact of...

European Commission Prepares Corona Response Investment US$28B

JAKARTA (TheInsiderStories) - The European Commission will bring forward a coronavirus response investment fund of EUR25 billion (US$28.41 billion) to help the healthcare systems, small medium...

IMF Declares Argentina Public Debt “Unsustainable”

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) called that Argentina’ public debt was sustainable, but not with high probability, given substantial downside risks. The assessment...

Japan Credit Raises Indonesia Rating to BBB+

JAKARTA (TheInsiderStories) - Japan Credit Rating (JCR) has raised the debt rating of Indonesia to BBB+ with a stable outlook. Earlier in April 2019, the agency...

Trump Aproves “Phase One” Trade Deal to Halt Dec. 15 Tariffs

JAKARTA (TheInsiderStories) -  President of United States (US) Donald Trump signed off  a "phase one" trade deal with China to halt the Dec. 15 new...

Insight: Indonesia’s Prospect After Wins Rating Upgrade

JAKARTA (TheInsiderStories) - Indonesia' investment outlook is expected to increase after three international rating agencies - Standard & Poors Global Ratings (S&P), Moody's and...

Regulatory, Economic Challenges Weigh Indonesian Coal Miner Earnings

JAKARTA (TheInsiderStories) - Moody's Investors Service says that regulatory and economic developments in Indonesia (Baa2 stable) and China (A1 stable) will weigh on the...

Indonesia Moving the Capital City to the Near Eastern

JAKARTA (TheInsiderStories) – Indonesian government aimed to move the capital city from Jakarta to strategic areas outside Java or to near-eastern Indonesia, said President...

BI Estimates Inflation 2.7 Percent in April

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) estimated the inflation rate in April 2019 around 2.7 percent, said the Governor Perry Warjiyo yesterday (04/23). This...

Indonesia’s Business Activities Growing in First Quarter

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) noted that business activities in the first quarter (1Q) of 2019 indicated a higher growth compared the previous...