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Indonesia’s PLN Recorded Fantastic Losses in Q3, Loss Over than US$1B

JAKARTA (TheInsiderStories) - Indonesia's power producer, PT Perusahaan Listrik Negara (PLN) recorded a fantastic loss Rp18.4 trillion (US$1.22 billion) in the third quarter (3Q) of...

Indonesia Issues Mandatory Export Proceed Placed at Local Banks

JAKARTA (TheInsiderStories) - Indonesia government continues to strive to increase domestic foreign exchange reserves by requiring all export proceeds to put their revenues in the local...

Indonesian Businessmen Ready to Convert 50% Export Revenues to Rupiah

JAKARTA (TheInsiderStories) - All businessmen under Indonesian Chamber of Commerce and Industry (ICCI) committed to bring 100 percent of foreign exchange revenues to the country, said...

Morning Briefing: Indonesian Govt Takes Bold Steps to Address CAD

JAKARTA (TheInsiderStories) - Good morning. The government had taken bold steps to address Indonesia’s persistent current account deficit (CAD), which continues to underwhelm the economy and a...