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Weekly Briefing: Hope for the Global Economy Recovery Arise

JAKARTA (TheInsiderStories) - Good Morning! Final purchasing managers index (PMI) data will be keenly anticipated for the extent of the broader economic impact of the...

Fitch Revises Down Indonesia’s Economic Growth to 4.8% in 2020

JAKARTA (TheInsiderStories) – Fitch Ratings revised down Indonesia’ economic growth forecasts from 5.1 percent to 4.8 percent in 2020 amid the COVID-19 outbreak, it...

IMF Ready to Mobilize US$1T to Beat the COVID-19

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) stands ready to mobilize its US$1 trillion lending capacity to help countries lessen the blow from the coronavirus,...

Indonesia Gives Stimulus to the Tourism, Aviation Sector

JAKARTA (TheInsiderStories) - Indonesian government has established an incentive scheme for the tourism and aviation sector to overcome the impact of the coronavirus, said...

Japan Launches US$$120B Fiscal Package to Support Growth

JAKARTA (TheInsiderStories) - Japanese Prime Minister Shinzo Abe launched US$120 billion in stimulus measures on Thursday (12/05), to support stalling growth in the world's...

Global Economy: Heightened Danger, Increased Policy Stimulus

JAKARTA (TheInsiderStories) - The past month has brought its fair share of good and bad news. The United States (US) Federal Reserve cut interest...

Japan’s GDP 1.8% in 2Q 2019 Boost by Private Spending

JAKARTA (TheInsiderStories) - Japan’s real GDP growth stood at 1.8 percent in the second quarter (2Q) of 2019 compared to same period of last...

Indonesia’s Forex Reserves Slid to US$120B in May

JAKARTA (TheInsiderStories) - Indonesia’s foreign exchange reserves stood at US$120.3 billion in May, lower $4 billion than the $124.3 billion recorded a month earlier, Bank...