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Indonesia Considers to Revises 2020 State Budget

JAKARTA (TheInsiderStories) - Indonesian government considered to revises the 2020 State Budget along with strong impact from COVID-19 impacts, said finance minister today (03/24). She...

Indonesia’s Investment Realization Rises 6% in 1Q 2020

JAKARTA (TheInsiderStories) - Indonesian Investment Coordinating Board is estimating the investment realization in first quarter (1Q) of 2020 rises six percent compared to same period...

More Stimulus to Drives Indonesia’s Economy

JAKARTA (TheInsiderStories) - President Joko Widodo has signed a presidential decree number 4 of 2020 concerning Refocusing Activities, Budget Reallocation and Procurement of Goods and Services...

The Global Economy is Headed for Recession

JAKARTA (TheInsiderStories) - Disruptions to supply chains, demand, international trade flows, and travel, along with lockdowns and collapsing stock prices, resulting from the COVID-19 have dealt...

Indonesia Widens 2020 State Budget Deficit to 2.5% of GDP

JAKARTA (TheInsiderStories) - Indonesian government widens the deficit of 2020 State Budget to 2.5 percent, from initially 1.76 percent of gross domestic products (GDP), said...

COVID-19: Sharp Reduction in Near-term Growth

JAKARTA (TheInsiderStories) - IHS Markit estimates that global growth in 2020 will be 1.7 percent, compared with 2.5 percent in our February baseline, and 2.7 percent...

Morning Briefing: China Rolls Out Fiscal Stimulus

JAKARTA (TheInsiderStories) - Chinese President Xi Jinping chaired a leaders meeting to study the major tasks in preventing and controlling the coronavirus disease and stabilizing...

Foreign Tourist Arrivals in Indonesia Drops 7.82% in January

JAKARTA (TheInsiderStories) - The number of foreign tourist arrivals to Indonesia dropped 7.62 percent in January, 2020, compared to December 2019, the Statistic Indonesia reported on...

Weekly Briefing: Center of the Week China’s Economic Data

JAKARTA (TheInsiderStories) - Good Morning! The first major data release out of China since the coronavirus outbreak out this week, with the February update of the...

Coronavirus Effect, Indonesian Growth Could Drop Below 5%

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati rated, the coronavirus effect could harm Indonesia and global economy. In the 2020 State Budget, the...

Economic Growth to Slow Across Asia Pacific

JAKARTA (TheInsiderStories) - The coronavirus outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and...

Indonesia Considers to Give Stimulus for Tourism Sectors

JAKARTA (TheInsiderStories) - Indonesian government considered to give an incentives to the tourism sector to curb coronavirus effect, said the head of state at the...

Singapore Downgrades Economic Growth Over Coronavirus

JAKARTA (TheInsiderStories)- Singapore' trade and industry ministry (MTI) has downgraded the GDP growth forecast from -0.5 to 1.5 per cent in this year, with...

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...

Indonesia’s Rating Survive in Baa2 with Stable Outlook, says Moody’s

JAKARTA (TheInsiderStories) - Moody's Investors Service  affirmed Indonesia' local and foreign currency long-term issuer ratings at Baa2 and maintained the stable outlook. The local and foreign...

Weekly Briefing: Chinese Economy Back to Normal

JAKARTA (TheInsiderStories) - Good Morning! The chinese economy back to normal again starting today after the coronavirus outbreak has hit the country for weeks. Although,...

Impacts of Coronavirus Containment Effort Ripple Through Global Economy

JAKARTA (TheInsiderStories) - Coronavirus will have a larger negative effect on the global economy than the SARS outbreak in 2003, said IHS Markit reported today (02/07)....

Indonesia’s GDP Growth Slips to 5.02% in 2019

JAKARTA (TheInsiderStories) - Indonesia's gross domestic product (GDP) growth slipped to 5.02 percent in 2019, lower than 5.17 percent achieved in 2018, statistics agency...

Morning Briefing: Indonesia’s GDP Out Today, Coronavirus Spread Wider

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia will announces the gross domestic product (GDP) of the countries in fourth quarter of 2019. In the second...

Japan Credit Raises Indonesia Rating to BBB+

JAKARTA (TheInsiderStories) - Japan Credit Rating (JCR) has raised the debt rating of Indonesia to BBB+ with a stable outlook. Earlier in April 2019, the agency...

Morning Briefing: World Bank Review on Indonesian Economy Release Today

JAKARTA (TheInsiderStories) - Good Morning! This morning World Bank announces the third quarter review on the Indonesian economy. Earlier, the Fund has predicted the country'...

Morning Briefing: Hong Kong Give Stimulus US$511M to Bolster Economy

JAKARTA (TheInsiderStories) - Good Morning! Hong Kong' government pledged HK$4 billion (US$510.85 million) stimulus to help bolster the economy after hit by months of unrest. Its...

Weekly Briefing: Global, Domestic Policies Dominating Markets this Week

JAKARTA (TheInsiderStories) - Good Morning! This week, United States (US) - China trade developments still dominating markets. In addition, investors will see the release of important...

Indonesia to Build 3,000 Km Toll Roads Until 2024

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 3,000 kilometers (km) new toll road across the archipelago, said the head of state in Jakarta. To reach...

South Korea’s GDP growth in Q3 2019 moderates to 0.4% q/q

JAKARTA (TheInsiderStories) - South Korea’ GDP growth rate moderated to a pace of 0.4 percent in third quarter (Q3) of 2019, according to the Advance Estimate...

Widodo – Amin Lead Indonesia Starting Today

JAKARTA (TheInsiderStories) - Joko Widodo and Ma'ruf Amin starting their work to lead Indonesia as President and Vice President after inaugurated by People's Consultative Assembly...

Indonesia’s Loan Growth Slowing Down in 3Q of 2019

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) indicated the national loan growth slowing down in the third quarter (3Q) of 2019, it said in a...

Nasution Sees Indonesian Economic Growth 5.1% in 2019

JAKARTA (TheInsiderStories) - Coordinating minister for economic affairs Darmin Nasution sees Indonesian economic growth will ended at 5.1 percent of gross domestic products (GDP)...

IMF, World Bank Warns of Worsening Global Economy

JAKARTA (TheInsiderStories) - The new leaders of the World Bank and International Monetary Fund (IMF) warned in twin speeches of worsening global economic outlook, just a...

Weekly Briefing: Trade War to Economic Data Being a Concern of...

JAKARTA (TheInsiderStories) - Good Morning! The week ahead sees the resumption of trade talks between the United States (US) and China plus the International Monetary Funds...