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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...