Tag: global economy
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...
Coronavirus: Can Policymakers Avert a Trillion-dollar Crisis?
JAKARTA (TheInsiderStories) - The spread of the coronavirus is first and foremost a public health emergency, but its also a significant economic threat. The COVID-19 shock...
Economic Stimulus Gives “Energy” to the Financial Market
JAKARTA (TheInsiderStories) - After global major indices slumped in the beginning of the week, the governments created various economic stimulus to helped their economy. The...
Trump Seeks “Big” Stimulus to Fight Coronavirus Effects
JAKARTA (TheInsiderStories) - United States (US) President Donald Trump announced a new economic stimulus and said he would take "major steps" to ease economic...
Morning Briefing: Indonesia Prepares Policies to Tackle COVID-19 Impact
JAKARTA (TheInsiderStories) - Good Morning! Finance minister Sri Mulyani Indrawati claimed Indonesian government is preparing stimulus similar to the 2008 global financial crisis, including...
Global Market Unstable, Need More Stimulus
JAKARTA (TheInsiderStories) - Asian market try to stabilize after major global stock market plunged on Monday as speculation of coordinated stimulus from global central banks...
Japan’s GDP Revised Down in 4Q 2019 Due to Weak Investment
JAKARTA (TheInsiderStories) - Japan’ real GDP growth for the fourth quarter (4Q) of 2019 was revised down to a 1.8 percent quarter-to-quarter (QoQ) from same quarter...
Weekly Briefing: Indonesia’s Forex Reserves of US$130B in February
JAKARTA (TheInsiderStories) - Bank Indonesia reported foreign exchange reserves at February amounted to US$130.4 billion, slightly lower than the position in January 2020 of $131.7...
Morning Briefing: Major Central Banks Cuts the Rate
JAKARTA (TheInsiderStories) - Good Morning! United States (US) Federal Open Market Committee (FOMC) decided cut its Fed Fund Rates by half percentage to 1.00...
OECD: Global Economy Daces Gravest Threat Since the Crisis
JAKARTA (TheInsideStories) - The coronavirus presents the global economy with its greatest danger since the financial crisis. The COVID-19 is spreading from China to other regions causing...
Morning Briefing: The Coronavirus Widespread
JAKARTA (TheInsiderStories) - Good Morning! World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus said, the spread of coronavirus is increasingly at a global level. At a briefing...
WHO: Coronavirus has Pandemic Potential
JAKARTA (TheInsiderStories) - The deadly coronavirus again makes global concerns but it has not yet developed into a pandemic, according to the World Health Organization (WHO). So...
Morning Briefing: BI Intervenes Market, COVID-19 Widespread
JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia intervened the spot foreign exchange market, domestic NDF and bond markets to stem outflows related to fears of the...
G20: No Global Digital Tax in This Year
JAKARTA (TheInsiderStories) - The two-day financial leaders Group of 201 (G20) failure to implements a global taxation system for the digital era starting 2020, global media reported...
G20 Calls Coordination Response to Coronavirus
JAKARTA (TheInsiderStories) - Finance leaders from the Group of 20 (G20) called for a coordinated response to the coronavirus (COVID-19) outbreak, which the International Monetary Fund...
Morning Briefing: BI Rate Announces Today
JAKARTA (TheInsiderStories) - Good Morning! Today, the policymaker to announces the Bank Indonesia (BI) seven days reverse repo rate. Some analysts hope the central bank...
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...
Governments Most Exposed to Economic Repercussions of Coronavirus Tend to Have...
JAKARTA (TheInsiderStories) - The coronavirus outbreak poses increasing risks to the growth outlook for a number of countries in particular in Asia Pacific, but that...
Morning Briefing: The Impact of Coronavirus Has Not Faded
JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo lead the cabinet meeting today, to mitigate the global economic development amid various problem such as coronavirus,...
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)....
Global Economy Makes Solid Start to 2020
JAKARTA (TheInsiderStories) - The rate of global economic expansion accelerated to a ten month high in January, as growth strengthened in both the manufacturing and service...
IHS Markit: Coronavirus Fears Shake Commodities
JAKARTA (TheInsiderStories) - Commodity prices, as measured by the IHS Markit Materials Price Index (MPI), fell 1.0 percent last week in a broad-based move that...
Morning Briefing: President Instructs Evacuation of Indonesian Citizens in Hubei Province
JAKARTA (TheInsiderStories) - President Joko Widodo has instructed his ministers to immediately evacuate Indonesian citizens in the Hubei Province, China, followed the coronavirus spread...
Escalation of Wuhan Virus Epidemic: Rising Economic Impact on the Asia-Pacific...
JAKARTA (TheInsiderStories) - The outbreak of a SARS-like coronavirus (2019-nCoV) in Wuhan has escalated rapidly over the past week. A total of 224 cases of...
Wuhan Virus Has Affected Countries and Businesses
JAKARTA (TheInsiderStories) - Wuhan corona virus has affected some countries and business followed the authorities quarantine the city and suspend planes and trains in and...
Morning Briefing: Leaders Gathered in Davos, Trump become the Major Attention
JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump is due to deliver a speech at the World Economic Forum in Davos, Switzerland, on...
IHS Markit Sees Steady Growth If US, Iran Conflict Contained
JAKARTA (TheInsiderStories) - IHS Markit sees the United States (US) and Iran conflict has been limited, suggesting the impact on global economic growth will...
Global Growth: Modest Pickup to 2.5% in 2020 amid Mounting Debt,...
JAKARTA (TheInsiderStories) — Global economic growth is forecast to edge up to 2.5 percent in 2020 as investment and trade gradually recover from last year’s...
Indonesia’s Forex Reserves Rises to US$129.2B in December
JAKARTA (TheInsiderStories) - Indonesia's foreign exchange (forex) reserves at the end of December 2019 were recorded at US$129.2 billion, up from $126.6 billion in...
Weekly Briefing: Indonesian Market Stagnant During 2019
JAKARTA (TheInsiderStories) - Good Morning! The transaction at Indonesia Stock Exchange will close today and will open again on Jan. 2, 2020. During last year, the...