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Morning Briefing: Phase One Trade Deal Signs Today

JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump is slated to sign the phase one trade deal with Chinese Vice Premier Liu He...

Indonesia Sees Manufacturing Industry to Grow 5.3% This Year

JAKARTA (TheInsiderStories) - The government targets the manufacturing industry to grow in the range of 4.80 - 5.30 percent this year along with the...

Indonesia’s Bukit Asam Eyes Coal Production 30MT of Coal in 2020

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bukit Asam Tbk (IDX: PTBA) targeting the coal production could reached 30 million tons (MT) in 2020,...

Indonesia’s Indocement Spends US$93M in 2020

JAKARTA (TheInsiderStories) - Indonesia' cement producer, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP) allocates higher spending in 2020 worth of Rp1.3 trillion (US$92.85 million)...

Isuzu Indonesia to Export 6,000 Units Traga to Philipines in 2020

JAKARTA (TheInsiderStories) - Indonesia’s joint venture automobile and commercial vehicle manufacturer, PT Isuzu Astra Motor Indonesia will export 6,000 units of Isuzu Traga to...

Morning Briefing: Lagarde will Announces Her First ECB Rate

JAKARTA (TheInsiderStories) - Good Morning! On Thursday, the new president of European Central Bank (ECB) Christine Lagarde will announces her first monetary policy. At the...

Indonesia Raises Nickel Royalty from 5% to 10%

JAKARTA (TheInsiderStories) - Indonesian government raised nickel royalty from 5 percent to 10 percent, said energy and mineral resources (EMR) ministry today (12/10). The new...

US Trade Deficit Drops 7.6% in October Amid the Ongoing Trade...

JAKARTA (TheInsiderStories) - United State (US) trade deficit edged down to a 16-month low, fell 7.6 percent to US$47.2 billion, largely because of lower imports...

Semen Indonesia Eyes Export Market to Face Tight Competition

JAKARTA (TheInsiderstories) - PT Semen Indonesia Tbk (IDX: SMGR) continues to optimize regional markets amid tight domestic cement market competition, said the company last week. The...

Bukit Asam Sells US$143M’s Coal to Taiwan

JAKARTA (TheInsiderStories) - Indonesia coal mining company, PT Bukit Asam Tbk (IDX: PTBA) signed a coal sales contract 2 million tons (MT) of coal...

Indonesia Approachs US to Escalate Bilateral Trade and Export

JAKARTA (TheInsiderStories) - Last week, deputy minister of trade, Jerry Sambuaga and vice minster for foreign affairs minister, Mahendra Siregar meet various United States (US)...

Japan’s Trade Balance Turns to Surplus in October

JAKARTA (TheInsiderStories) - Japan’ trade balance turned to surplus of JPY17 billion (US$156.64 million) in October on a non-seasonally adjusted basis as imports declined faster (down...

Indonesian Nickel Export Swells to US$97M in October

JAKARTA (TheInsiderStories) - Ahead of the permanent halt in nickel exports from Indonesia early next year, the world's top supplier of nickel recorded export...

Indonesia Posts Trade Surplus US$161M in October

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus of US$161.3 million in October 2019, widened from $160 million of the previous month with exports...

Indonesia, Vietnam Eyes Trade Values US$10B in 2020

JAKARTA (TheInsiderStories) - Indonesia and Vietnam wants to lifted the bilateral trade revenues to US$10 billion in 2020 from, local media reported on Thursday (11/14). Based...

Indonesian Set Nickel Ore Price US$30 for Domestic Market

JAKARTA (TheInsiderStories) - Indonesian government, nickel miner, and smelter operator agreed the nickel ore price maximum US$30 per metric ton (MT) for domestic market. The...

Nine Indonesian Miner Verifies to Export Nickel Ore

JAKARTA (TheInsiderStories) - The Indonesian government has lifted the ban on nickel ore export for nine of 11 companies after inspections into reports of...

After Halt for Moment, Indonesia Re-opened Nickel Ore Export

JAKARTA (TheInsiderStories) - After halt for 10 days, Indonesian government finally re-opened nickel ore export, said senior minister today. On Oct. 10 energy and mineral resources...

A US$52M Lubricant Plant Operates in West Java

JAKARTA (TheInsiderStories) - Japan' related company, PT Idemitsu factory Lube Techno Indonesia (ILTI) operates second lubricant plant in Cikarang, West Java, on Thursday (07/11). The projects has...

Indonesia, Thailand, Malaysia Cuts Production 800,000 MT

JAKARTA (TheInsiderStories) - Representatives from member countries of the International Tripartite Rubber Council (ITRC) of Thailand, Indonesia and Malaysia agreed to cut natural rubber production up...

Breaking News: Ross Optimistic Trump – Xi Signs “Phase One Deal”...

JAKARTA (TheInsiderStories) - United States (US) secretary of commerce, Wilbur Ross optimistic would reach a “phase one” trade deal with China soon. As reported,...

Indrawati Sees Indonesia’s Economic Growth 5.05% in 3Q of 2019

JAKARTA (TheInsiderStories) - Tomorrow, Statistic Indonesia will release the economic growth of the third quarter (3Q) of 2019. Finance minister Sri Mulyani Indrawati projected the...

Indonesian President Asks the Economic Ministers Create Breakthrough Programs

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo urged his economic ministers to create breakthrough programs in order to reduce the trade balance and current account deficit (CAD)....

Central Java’s Govt Offered Investment of US$6.12 Billion

JAKARTA (TheInsiderStories) - Central Java regional government will offer an investment worth of Rp86.34 trillion (US$6.12billion) to the investors, said the official on Wednesday...

Indonesian Steel Export Rose 28.86% to US$29B in September

JAKARTA (TheInsiderStories) - Indonesian steel exports rose 28.86 percent in nine months (9M) of 2019, from US$4.15 billion to $5.35 billion, said the official today...

Indonesian Govt Halt Nickel Ore Export for Temporarily

JAKARTA (TheInsiderStories) - Indonesia' energy and mineral resources ministry halt nickel ore export for temporally starting today to evaluate the nickel mining contract, said the...

South Korea’s GDP growth in Q3 2019 moderates to 0.4% q/q

JAKARTA (TheInsiderStories) - South Korea’ GDP growth rate moderated to a pace of 0.4 percent in third quarter (Q3) of 2019, according to the Advance Estimate...

Japan’s Exports Dropps by 5.2% in September, Trade Deficit US$1.1B

JAKARTA (TheInsiderStories) - Japan' exports recorded JPY6.36 trillion (US$58.61 billion) in September 2019, dropped 5.2 percent compared to the same period in the previous...

Indonesia Posted Trade Deficit US$160M in September 2019

JAKARTA (TheInsiderStories) - Statistics Indonesia reported the country recorded a trade deficit  US$160million in September as export fell, said the official on Tuesday (10/15)....

IHS Markit: China’s Exports, Imports Remain Weak in Q4

JAKARTA (TheInsiderStories) - IHS Markit rated China' export data in September will likely lead to a downward revision to the current export growth forecast, which...