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G20 Committed to Maintains the Flow of Goods During the Pandemic

JAKARTA (TheInsiderStories) - The minister of trade of the Group of 20 (G20) produced an agreement on the importance of the members give a strong confidence...

Indonesia Relaxes Medical Devices Import Procedures

JAKARTA (TheInsiderStories) - Indonesian government relaxed the importation of medical devices and personal protection to helps the COVID-19 handling in the archipelago, said trade minister on...

Indonesia Records Trade Surplus US$2.34B in February

JAKARTA (TheInsiderStories) – Statistics Indonesia reported the trade deficit in February worth of US$2.34 billion, said the agency today (03/16). During January, the trade deficit stood at $870...

Indonesia Ready to Spread More Stimulus

JAKARTA (TheInsiderStories) - Indonesian government is finalizing the second stimulus policy to reduce the impact of the coronavirus outbreak on the domestic economy, said the senior...

Moody’s Affirms Indonesia Eximbank’s Baa2 Ratings

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed Indonesia Eximbank long-term local and foreign currency issuer ratings of Baa2. The agency also affirmed lender' Baa2 long-term senior unsecured and...

Indonesia Finalizes More Stimulus to Protect the Economy from COVID-19

JAKARTA (TheInsiderStories) - Indonesian government finalizes a second stimulus package to combat the spread of COVID-19 to the economy, said senior minister today (03/04). The measure follows the unveiling...

Indonesia’s Trade Minister Visit India, Looking More Trade

JAKARTA (TheInsiderStories) - To reaches the trade values target worth of US$50 billion by 2025 with India, Indonesia' trade minister plans to visit New...

Indonesia’s Trade Deficit US$870M in January

JAKARTA (TheInsiderStories) - Statistics Indonesia reported the trade deficit in January worth of US$870 million, said the head Suhariyanto today (02/17). During 2019, the trade deficit declined...

Indonesia’s Aims Non Oil and Gas Industry Grow 8.3% in 2024

JAKARTA (TheInsiderStories) - Indonesia aiming non oil and gas manufacturing grow 8.3 percent in 2024 by boosting investment and exports, said industry minister last week. Along...

Indonesia’s Trade Minister Flies to Washington to Completed GSP

JAKARTA (TheInsiderStories) - Indonesia' minister of trade, Agus Suparmanto is committed to improve bilateral trade with the United States (US) by completed the Generalized System...

House Approves Indonesia – Australia’s CEPA

JAKARTA (TheInsiderStories) - Indonesian House of Representatives approved the bill to ratify the Indonesia - Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on Thursday' meeting. Last year,...

Indonesia’s Palm Oil Export Rises Single Digit in 2019

JAKARTA (TheInsiderStories) - Indonesia Palm Oil Association (GAPKI) reported the country export recorded 36.18 million tons (MT) of crude palm oil (CPO) in 2019 amid the...

Pressing the Trade Deficit, Indonesia Focus on 15 Industries

JAKARTA (TheInsiderStories) - To tackle the trade deficit, Indonesian government is prioritizing the development of export-oriented industrial sectors, said the minister last week. Based on Statistic...

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...