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Indonesia Posts Trade Surplus US$161M in October

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus of US$161.3 million in October 2019, widened from $160 million of the previous month with exports...

Indonesia, Vietnam Eyes Trade Values US$10B in 2020

JAKARTA (TheInsiderStories) - Indonesia and Vietnam wants to lifted the bilateral trade revenues to US$10 billion in 2020 from, local media reported on Thursday (11/14). Based...

A US$52M Lubricant Plant Operates in West Java

JAKARTA (TheInsiderStories) - Japan' related company, PT Idemitsu factory Lube Techno Indonesia (ILTI) operates second lubricant plant in Cikarang, West Java, on Thursday (07/11). The projects has...

Breaking News: Ross Optimistic Trump – Xi Signs “Phase One Deal”...

JAKARTA (TheInsiderStories) - United States (US) secretary of commerce, Wilbur Ross optimistic would reach a “phase one” trade deal with China soon. As reported,...

Japan’s Exports Dropps by 5.2% in September, Trade Deficit US$1.1B

JAKARTA (TheInsiderStories) - Japan' exports recorded JPY6.36 trillion (US$58.61 billion) in September 2019, dropped 5.2 percent compared to the same period in the previous...

Indonesia Posted Trade Deficit US$160M in September 2019

JAKARTA (TheInsiderStories) - Statistics Indonesia reported the country recorded a trade deficit  US$160million in September as export fell, said the official on Tuesday (10/15)....

IHS Markit: China’s Exports, Imports Remain Weak in Q4

JAKARTA (TheInsiderStories) - IHS Markit rated China' export data in September will likely lead to a downward revision to the current export growth forecast, which...

WTO Cuts Global Trade Growth to 1.2% in 2019

JAKARTA (TheInsiderStories) - The World Trade Organization (WTO) has cut its growth forecast for global trade by 1.2 percent in 2019, versus its earlier...

Japan’s trade deficits for August narrow from a year ago

JAKARTA (TheInsiderStories) - Japan’ trade deficit narrowed by 69.6 percent in annual basis (YoY) to JPY136.3 billion (US$1.3 billion) in August on a non-seasonally adjusted basis...

Indonesia Posts Trade Surplus US$85M in August

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus of US$85.1 million in August 2019, swinging from a $940 million gaps in the same month...

China’s Trade with US Falls Sharply in August Amid Tariffs War

JAKARTA (TheInsiderStories) - China’ trade with the United States (US) is falling sharply with no sign of progress toward ending a worsening tariff war....

Morning Briefing: Hong Kong Leader to Withdrawal Extradition Bill

JAKARTA (TheInsiderStories) - Good Morning! Hong Kong Chief Executive Carrie Lam formally withdrawal the extradition bill in order to fully allay public concerns after sparked the...

Indonesia’s Trade Deficit Falls to US$63.5M in July

JAKARTA (TheInsiderStories) - Indonesia’s trade deficit narrowed sharply to US$63.5 million in July 2019 from a $2 billion in the same month a year...

Warjiyo Optimistic CAD Ended 2.8% by the End of 2019

JAKARTA (TheInsiderStories) - Governor of Bank Indonesia (BI) Perry Warjiyo still optimistic current account deficit (CAD) will ended at 2.8 percent by the end of this...

China’s Trade Surplus Widens to US$51B in June

JAKARTA (TheInsiderStories) - China's trade surplus widened to US$50.98 billion in June 2019, up 24.6 percent from the same month last year of $40.91...

Indonesia’s Trade Surplus Swooping Down to US$200M in June

JAKARTA (TheInsiderStories) - Indonesia' trade surplus narrowed to US$200 million in June 2019 from a $1.71 billion in the same month a year earlier,...

Indonesia’s Economic Growth to Stagnate at 5.3% This Year, says Brodjonegoro

Bogor (TheInsiderStories) – National development Pplanning minister sees Indonesia' economic growth rate will stagnate at the level of 5.3 percent in this year over the...

Indonesia’s Trade Balance Swings to Surplus in May

JAKARTA (TheInsiderStories) - Indonesia unexpectedly posted a trade surplus US$0.21 billion in May, swinging from $1.45 billion gaps in the same month a year...

Indonesia Claims to Save Fuel Imports US$4.90B with B30

JAKARTA (TheInsiderStories) - Indonesian government claimed that it can save the cost of importing diesel fuel around Rp70 trillion (US$4.90 billion) by using 30...

Rupiah, JCI Falls Out on Poor Trade Balance Data

JAKARTA (TheInsiderStories) — Investors responded negatively the trade balance data and pulled out from Indonesian financial market on Wednesday (05/15). Foreign investors recorded net...

Indonesia Posts the Worse Trade Deficit in History

JAKARTA (TheInsiderStories) - Indonesia posted the worse trade deficit in the country' history. Previously, the deepest deficit of US$2.3 billion occurred in July 2013. Statistic Indonesia...

China’s exports Declined in April on weakening US Demand

JAKARTA (TheInsiderStories) - China' merchandise exports contracted 2.7 percent in in April in terms of USD, down from a revised 13.8 percent expansion in March,...

Indonesia’s Trade Balance Remains Positive in 1Q, says BI

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) viewed that the country' trade balance remained positive in the first quarter of 2019, amid the lowered import and...

Indonesia’s Pertamina Reduces Crude Oil Imports US$1.4B

JAKARTA (TheInsiderStories) – Indonesian state-owned energy producer, PT Pertamina was reduced the crude oil and condensate imports by around 50 percent in the first-four months of...

Sluggish Exports to Asia Continues to Weigh Japan’s Trade Balance

JAKARTA (TheInsiderStories) - Japan’ trade surplus declined 32.6 percent year-on-year (YoY) to JPY529 billion (US$4 billion) in March on a non-seasonally adjusted basis, IHS Markit reported....

China Posts Trade Surplus US$33B in March

JAKARTA (TheInsiderStories) – China' trade balance shifted to surplus US$32.64 billion in March, or rose 87.23 percent from previous month of worth of $4.12...

Indonesia Targets Non-Oil and Gas Export Grow 7.5% in 2019

JAKARTA (TheInsiderStories) – Amid the slowdown of global and domestic economic, the Government targets non-oil and gas export growth by 7.5 percent or worth...

China’s Export Drops 20% in February, The Biggest Declines Since 2016

JAKARTA (TheInsiderStories) -  China foreign trade of goods fell 13.8 percent in February to US$266.36 billion compared to same month in 2018. While, Exports...

Weekly Briefing: Ethiopian Airlines Crash, Another Hit to Boeing 737

JAKARTA (TheInsiderStories) – Good morning! Ethiopian Airlines crashed shortly after take-off from Addis Ababa and killed 157 people on board. This becomes another hit,...

Indonesia to Revise Anti-Dumping Policy

JAKARTA (TheInsiderStories) – Aims to increase competitiveness of Indonesian products, government will revise anti-dumping policy. said senior minister late Tuesday (03/05). In the meeting...