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China’s Export Surges 155% to US$467B in February

JAKARTA (TheInsiderStories) - China' exports surged 155 percent to US$468.9 billion and imports jumped 22.2 percent to US$365.6 billion in February compared with a year earlier when much...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! OPEC and its allies kept the crude oil production steady through April. Saudi Arabia also said would extend its one million...

Widodo Optimistic Indonesian Economic Growth 5% in This Year

JAKARTA (TheInsiderStories) - President Joko Widodo optimistic that Indonesian economy will grow 5 percent in this year with various efforts by the government. In the 2021...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! Today, the oil price rises more than 1 percent ahead of key meeting between OPEC and allies and a record weekly jump...

Weekly Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! The release of worldwide PMI surveys will provide an early snapshot into economic growth and inflation trends midway through the first...

Georgieva: The Economic Crisis Could Last in the Long Term

JAKARTA (TheInsiderStories) - Managing director of International Monetary Fund (IMF), Kristalina Georgieva, warned that the economic crisis could last in the long term and many countries...

US’s GDP Contractions 3.5% in 2020, the Worst Since World War...

JAKARTA (TheInsiderStories) - United States (US) real gross domestic product (GDP) contracted 3.5 percent throughout 2020, the worst economic freeze since the end of World War...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Good Morning! Foreign minister, Retno Marsudi, is scheduled to travel to Myanmar in this week, it would be the first visit by a...

Indonesia Slices State Bond Issuance Due to Excess Cash

JAKARTA (TheInsiderStories) - Indonesian government considered to slice the state bond issuances in this year due to excess cash from 2020 State Budget, said the director...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Global investors continue to tout a brighter outlook for the United States (US) economy as the pace of COVID-19 cases slows,...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! President Joe Biden, will use his first big presidential moment on the Friday’ Group of Seven (G7) meeting to announces a...

Japan’s Economy Recovery to 12.7% in 4Q of 2020

JAKARTA (TheInsiderStories) - Japan' economy expanded in the fourth quarter (4Q) of 2020 from its worst postwar recession by an annualized 12.7 percent compared to...

Weekly Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! The week ahead sees a busy diary of data releases to steer the markets despite the Chinese New Year and United...

Indonesia Gives a Relaxation for Automotive Industry

JAKARTA (TheInsiderStories) - In an effort to recover the economy, Indonesia gave a relaxation to the automotive industry, said the senior economic minister on Thursday (02/11)....

Consumer Confidence Index of Indonesia Drops to 84.9 in January

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the Consumer Confidence Index (CCI) on economic conditions dropped to 84.9 in January 2021 from a prior month a...

Hartarto Sees Indonesia’s Economy to Grow 1.3 – 1.8% in 1Q...

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, sees Indonesian economy to recover in the first quarter of 2021 between 1.3 to 1.8 percent after...

Indonesian Economy Contractions 2.07% in 2020

JAKARTA (TheInsiderStories) - Indonesian economy shrank to minus 2.07 during 2020 from a year ago grew 5.02 percent, the first contraction in over two decades, the statistic...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo and Prime Minister Malaysia Muhyiddin Yassin have a bilateral meeting today in State Palace, Jakarta. This will be...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! Deputy governor of Jakarta, Ahmad Riza Patria, announced the regional government plans to lockdown the capital city every weekend to...

Indonesia Targets Export to Grow 6.3% in This Year

JAKARTA (TheInsiderStories) - Minister of trade, Muhammad Lutfi, targeted Indonesian non-oil and gas export could grow by 6.3 percent of gross domestic product in 2021,...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! A top Democrats in the United States (US) Senate and House of Representatives filed a joint US$1.9 trillion budget measure on...

Indonesian Foreign Tourist Arrivals Fell 88% in 2020

JAKARTA (TheInsiderStories) - The number of foreign tourist arrivals to Indonesia dropped sharply by 88.08 percent during 2020 compared to previous year, statistic bureau reported today....

Weekly Briefing: Various Things to Know on Monday

JAKARTA (TheInsiderStories) - Good Morning! A full economic calendar for the week kicks off with worldwide PMI surveys and closes with the monthly United States (US)...

US’s Economic Growth Contractions 3.6% in 2020

JAKARTA (TheInsiderStories) - The economic growth of United Sates (US) contracted by 3.6 percent compared to last year at 2.2 percent, due to a wave...

The Fed Left the Interest Rate and Bond Buying Program Unchanged

JAKARTA (TheInsiderStories) - In their first meeting in 2021, Federal Open Meeting Committee (FOMC) left the Fed fund rate and its pace of bond buying unchanged...

Indonesian Motorcyle Sales Fell by 43.57% in 2020

JAKARTA (TheInsiderStories) - Indonesian motorcycle sales fell drastically by 43.57 percent in 2020 compared a year ago due to the COVID-19 pandemic, said the association on...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! The maritime security has seized two crude oil supertankers with Iranian-flagged MT Horse and Panamanian-flagged MT Freya ships for allegedly transferring fuel...

Global GDP Projected to Surpass Pre-pandemic in 3Q 2021

JAKARTA (TheInsiderStories) - IHS Markit reported activity restrictions will stall global real GDP growth in the first quarter of 2021, with most of Europe in...

FOMC Hold the Rates, IHS Markit Revises US GDP

JAKARTA (TheInsiderStories) -Federal Open Meeting Committee (FOMC) decided to kept the federal funds rate at zero to 0.25 percent in their latest meeting, the minutes...

The Arrival Number Rises 13.90% from October to November

JAKARTA (TheInsiderStories) - The number of foreign tourist jumped by 13.90 percent in November compared to the previous month, the Statistic Indonesia reported today. But, according...
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