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Indonesia Posts an Inflation 0.28% in November

JAKARTA (TheInsiderStories) - The statistics bureau announced Indonesia posted an inflation 0.28 percent with the Consumer Price Index (CPI) of 105.21 in November 2020 compared to...

Indonesia Prepares US$667M to Build Five Super Priority Destinations

JAKARTA (TheInsiderStories) - Indonesian government allocates Rp9.4 trillion (US$666.67 million) for five super priority destinations, which is expected to bring foreign exchange to the country, said the...

FrieslandCampina Adds US$321M Investment in Indonesia

JAKARTA (TheInsiderStories) - Head of the Investment Coordinating Board, Bahlil Lahadalia announced Dutch' FrieslandCampina BV, through its unit Frisian Flag Indonesia aimed to increased their investment...

US’s IDFC Promises to Invest US$2B in Sovereign Wealth Fund

JAKARTA (TheInsiderStories) - CEO of United States (US) International Development Finance Corporation (IDFC), Adam Boehler, has signed a letter of interest to invest US$2 billion to...

IHS Markit: The Renewed Rise in Infection Rates Threatens Growth

JAKARTA (TheInsiderStories) - The dreaded second and third waves of COVID-19 are here, and any illusion the world can easily control the spread of the virus...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Last week, the Asia-Pacific Economic (APEC) leaders discussed the cooperation in handling COVID-19 and efforts to restore the economy in the region, and...

Indonesia Posts Trade Surplus US$3.61B in October

JAKARTA (TheInsiderStories) - Statistics bureau reported Indonesia posted a trade surplus US$3.61 billion in October supported by the strengthening commodity prices for coal and crude palm...

Kamil: Amazon Ready to Invests US$2.85B in Indonesia

JAKARTA (TheInsiderStories) - The company owned by the world' richest man, Jeff Bezos, Amazon Inc., (NASDAQ: AMZN), plans to invest up to Rp40 trillion...

Warjiyo: Indonesia’s Economy Will Be Positive in 4Q of 2020

JAKARTA (TheInsiderStories) - Governor of Bank Indonesia (BI), Perry Warjiyo, optimistic that the economic growth will return to a positive in the fourth quarter (4Q) of...

Japan’s Real GDP Surges, But Resurgence of COVID-19 Could Weigh on...

JAKARTA (TheInsiderStories) - Japan’ real economic growth rebounded by 5.0 percent in the third quarter (3Q) of 2020 compared to previous quarter or rose 21.4 percent...

After 10 Years of Negotiating, RCEP Signed by ASEAN and Partners

JAKARTA (TheInsiderStories) - It was a momentous day as Leaders of Association Southeast Asian Nations (ASEAN), Australia, China, Japan, Republic of Korea and New Zealand witnessed...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! This week monetary policy meetings are scheduled for Indonesia, Thailand, and the Philippines, though no changes are anticipated. October updates to...

IHS Markit Downgrades US’s GDP to 3.1% in 2021

JAKARTA (TheInsiderStories) - IHS Markit downwardly revises 2021 United States (US) GDP forecast as COVID-19 stimulus unlikely to be implemented this year GDP to surpass pre-pandemic...

Biden – Harris Wins: Policy Paths and Sector Effects

“There will be no blue states and red states when we win, just the United States of America” JAKARTA (TheInsiderStories) - Joe Biden and Kamala Harris' victory...

Indonesia’s GDP Contractions 3.49% in Third Quarter

JAKARTA (TheInsiderStories) - Statistic bureau reported Indonesian economic growth contracted 3.49 percent in third quarter of 2020 compared to same period in 2019. The number...

Widodo Sees Indonesia’s GDP Still Contraction 3% in 3Q

JAKARTA (TheInsiderStories) - President Joko Widodo sees Indonesia' economic growth still contraction over than 3 percent in the third quarter (3Q) of 2020. But, the...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! This week we will sees a full economic calendar including third quarter GDP estimates for the United States (US), Eurozone, Hong...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! Today, National Investment Coordinating board will announces the third quarter' investment realization. In the first half of 2020 worth of Rp402.6 trillion...

Indonesia Prepares Grant US$224M for Tourism Sectors

JAKARTA (TheInsiderStories) - Indonesian government is preparing a grant for the tourism sector amounting to Rp3.3 trillion (US$224.49 million) to protect the tourism industry, which has...

ADB: MSMEs Key to Southeast Asia’s Post COVID-19 Recovery

JAKARTA (TheInsiderStories) - Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated...

Morning Briefing: Various Things To Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo and Prime Minister of Japan Yoshihide Suga meet today at the Bogor Palace to discuss various issues,...

Indonesia’s Budget Deficit Widens, State Revenues Slowing Down

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, reported until end of September 2020, Indonesia posted a budget deficit Rp682.12 trillion (US$46.40 billion), around 4.16...

Chinese Economy Recovery to 4.9% in 3Q of 2020

JAKARTA (TheInsiderStories) - Chinese economy grew 4.9 percent in the third quarter (3Q) of 2020, but pointing the challenges for COVID-19 shocked still shadowed until...

Weekly Briefing: Various Things To Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! The week ahead starts with China releasing third quarter GDP numbers and ends with flash PMI data providing insights into how...

World Bank: Indonesia’s Debt Position Ranks 7th in the World

JAKARTA (TheInsiderStories) - The World Bank reports that Indonesia' debt position is in the 7th position from a low-middle income around the globe, with a total...

IMF Revises Down Indonesia’s Economic Growth to -1.5%

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) revised down the projection of Indonesia' economic growth from 0.5 percent in June to contraction 1.5 percent by...

BI Hold Rates for Four Straight Months

JAKARTA (TheInsiderStories) - As expecting, board governors of Bank Indonesia (BI) maintained its seven days repo rate at 4 percent, amid the dynamics of adjusting global...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! Starting from the governor to the students rejecting the Omnibus Law for Job Creation and asking President Joko Widodo to drop...

UNCTAD: Global Economy will Contracts Over Than 4% in 2020

JAKARTA (TheInsiderStories) - The United Nation Conference on Trade and Development’s (UNCTAD) warns that a bold, targeted fiscal expansion, led by the advanced economies, is the...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Two million Indonesian workers incorporated in 32 labor union confederations stick on their plan to hold a national strikes starting today...