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Indonesia Raises State Bond Issuances to US$62B in 2020

JAKARTA (TheInsiderStories) - Indonesia will raise the state bonds issuances around Rp999.6 trillion (US$62.47 billion) in this year from the initial targets Rp389.4 trillion, said finance...

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 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...

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...

Fiscal Policies to Protect People During the Coronavirus Outbreak

JAKARTA (TheInsiderStories) - A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as the recent...

Morning Briefing: The Coronavirus Widespread

JAKARTA (TheInsiderStories) - Good Morning! World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus said, the spread of coronavirus is increasingly at a global level. At a briefing...

Indonesia Rolls Out Stimulus US$735M to Blow the Coronavirus Effects

JAKARTA (TheInsiderStories) - Indonesia rolled out a Rp10.3 trillion (US$735.71 million) stimulus package in an effort to cushion the blow of the coronavirus outbreak on...

Indonesia Drives Spending to Curb the Domestic Economy

JAKARTA (TheInsiderStories) - Indonesian President asked his staff to accelerates the disbursement of government spending to boost the domestic economy at the limited meeting...

Indonesia’s Credit Profile Balances Stable Growth with Revenue Weaknesses

JAKARTA (TheInsiderStories) - Indonesia' (Baa2 stable) credit profile is supported by the economy' large size, low fiscal deficits and modest debt burden. These features are balanced...

Prolonged Coronavirus Outbreak Would Hurt APAC Bank Profitability

JAKARTA (TheInsiderStories) - Prolonged coronavirus outbreak would hurt Asia Pacific (ex-China) bank profitability and asset quality, says Moody's Investors Service in the latest report released today...

Wolrd Bank: Indonesia Needs Strong Institutional Reform To Benefit of Urbanization

JAKARTA (TheInsiderStories) - Indonesia, the world’s fourth most populous country, stands as a country transformed by urbanization. It can be the next big thing...

Damayanti Sees Indonesian Rupiah Average Rate 14,000 – 14,400 in 2019

JAKARTA (TheInsiderStories) - Deputy governor of Bank Indonesia (BI) sees the Rupiah will trade at an average of 14,000-14,400 against the US Dollar during of...

Indonesian Govt Tightens Coal Import Duty Rule

JAKARTA (TheInsiderStories) - Indonesian government has tightened the fiscal facilities in the form of exemption from import duties and value-added tax (VAT) on imported...

Indonesia’s Budget Deficit Reached 0.84% of GDP in 1H

JAKARTA (TheInsiderStories) - Indonesia' finance ministry Sry Mulyani Indrawati on Tuesday (07/16) reported a deficit of the state budget in the first half (1H)...

S&P: Indonesia’s GDP to Improves by Investment and Infrastructure

JAKARTA (TheInsiderStories) - International rating agency Standard & Poor’s Global Ratings (S&P) stated that Indonesia' Gross Domestic Product (GDP) is considered to be far...

Morning Briefing: Indonesia May Gain Benefit over the US Recession

JAKARTA (TheInsiderStories) — Good morning! United States bond market’ yield curve showed ominous sign of a recession. Yesterday, US 10-year bond yield fell deeply...

Indonesia Eyes 5.5% Economic Growth in 2020

JAKARTA (TheInsiderStories) - Indonesian government eyes a higher economic growth in 2020 compared to this year. At plenary cabinet session led by President Joko Widodo, government...

Three Strategies to Reach Indonesia’s Inflation Target in 2019

JAKARTA (TheInsiderStories) - The Government and Bank Indonesia (BI) agreed on three strategic steps to keep inflation within the target range of 3.5±1 percent...

Indonesia’s President Calls Global Leaders Alerts on the Financial Crisis

JAKARTA (TheInsiderStories) - Indonesia's President Joko Widodo asked the global financial leaders to alert on the potential global financial crisis at the Annual Meeting Plenary...

Observer: Lack Coordination Causes the Weakening of Rupiah

JAKARTA (TheInsiderStories) - Rupiah weakening going further to 15,133 again the US dollar on Thursday (04/10). Several Observers assessed this happened due to the lack...

Fitch Affirms Indonesia’s Sovereign Credit rating BBB

JAKARTA (TheInsiderStories) - Fitch Ratings has affirmed Indonesia' Sovereign Credit Rating at investment grade level (BBB) with outlook stable, as announced on Sept. 2. The key factors that...

Policy Review: Oil and Budget, a Dilemma in Fiscal Policy

JAKARTA (TheInsiderStories) - Low international oil prices over the past three years have greatly helped President Joko Widodo to maintain prudent fiscal management, enabling him...

Policy Review: Revising Tax Incentives to Boost Investment

JAKARTA (TheInsiderStories) - Boosting investment has been an economic priority for President Joko Widodo, particularly since sluggish consumption has capped annual economic growth at...