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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...

Morning Briefing: Lower US Recession Risk, Goldman Sach Says

JAKARTA (TheInsiderStories) — Good morning! Federal Open Market Committee policy has been rising the recession risk to 10 percent from 20 percent in United...

Japan February Inflation Rate Weaker than Estimated

JAKARTA (TheInsiderStories) - Statistics Japan shows that the country' annual inflation lowered to 0.7 percent in February from 0.8 percent in a month earlier....

Japan’s IIP Continued to Decline in December

JAKARTA (TheInsiderStories) - Japan’s Index of Industrial Production (IIP) fell for the second straight month in December 2018, sliding 0.1 percent from November. However, the index...

Insight: Calculating Risks of 2019 Economy

JAKARTA (TheInsiderStories) – Indonesia’ economy may face some difficulties this year. Inflation, State Budget, and even investment are some of the issues that government...

China Injected a Lot of Money to Stimulate the Economy

JAKARTA (TheInsiderStories) - People's Bank of China (PBoC) injects the largest amount of money RMB560 billion (US$82.84 billion) through open market operations today (01/16)to...

LIPI’s Survey and Opportunities to Seize the Majority of Millennial Votes

 JAKARTA (TheInsiderStories) – The Indonesian Institute of Sciences (LIPI) released the results on mapping issues and strategic politics, economics, socio-culture, and security ahead of...

WB: East Asia Needs to Adapt its Development Model to Sustain...

JAKARTA (TheInsiderStories) – East Asia’s remarkably successful development model – a combination of outward-oriented growth, human capital development, and sound economic governance – needs to...

Policy Review: Trump’s Deal on Iran Have Major Consequences

JAKARTA (TheInsiderStories) - United State President Donald Trump decision to terminate the participation in the Joint Comprehensive Plan of Action (JCPOA) with Iran and re-imposing...

World Bank: Indonesia Needs Bold Policies to Accelerate Economy

JAKARTA (TheInsiderStories) - Indonesia's economic outlook continues to be positive with GDP growth projected to reach an average 5.3 per cent in the period 2018-2020,...

Political Review: Investment is the Key

JAKARTA (TheInsiderStories) - Political volatility within the next two years is unlikely to disrupt the Indonesian economy. Such optimism was shared by a number...