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G20 Committed to Maintains the Flow of Goods During the Pandemic

JAKARTA (TheInsiderStories) - The minister of trade of the Group of 20 (G20) produced an agreement on the importance of the members give a strong confidence...

Indonesia Relaxes Medical Devices Import Procedures

JAKARTA (TheInsiderStories) - Indonesian government relaxed the importation of medical devices and personal protection to helps the COVID-19 handling in the archipelago, said trade minister on...

Indonesia Records Trade Surplus US$2.34B in February

JAKARTA (TheInsiderStories) – Statistics Indonesia reported the trade deficit in February worth of US$2.34 billion, said the agency today (03/16). During January, the trade deficit stood at $870...

Indonesia Ready to Spread More Stimulus

JAKARTA (TheInsiderStories) - Indonesian government is finalizing the second stimulus policy to reduce the impact of the coronavirus outbreak on the domestic economy, said the senior...

Moody’s Affirms Indonesia Eximbank’s Baa2 Ratings

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed Indonesia Eximbank long-term local and foreign currency issuer ratings of Baa2. The agency also affirmed lender' Baa2 long-term senior unsecured and...

Indonesia Finalizes More Stimulus to Protect the Economy from COVID-19

JAKARTA (TheInsiderStories) - Indonesian government finalizes a second stimulus package to combat the spread of COVID-19 to the economy, said senior minister today (03/04). The measure follows the unveiling...

Indonesia Submits Anti-dumping Petition by China

JAKARTA (TheInsiderStories) - The Indonesian Iron and Steel Industry Association has submitted an anti-dumping petition against hot-rolled coil and plate alloy imports from China to the...

Indonesia’s Trade Minister Visit India, Looking More Trade

JAKARTA (TheInsiderStories) - To reaches the trade values target worth of US$50 billion by 2025 with India, Indonesia' trade minister plans to visit New...

Indonesia’s Trade Deficit US$870M in January

JAKARTA (TheInsiderStories) - Statistics Indonesia reported the trade deficit in January worth of US$870 million, said the head Suhariyanto today (02/17). During 2019, the trade deficit declined...

Morning Briefing: Indonesia Oversees the Inflation Target

JAKARTA (TheInsiderStories) - Good Morning! To keep inflation remaining within the target range of 3.0±1 percent, the government and Bank Indonesia (BI) agreed to maintaining volatile...

Indonesia Officially Ban Live Animals Import from China

JAKARTA (TheInsiderStories) - To anticipate coronavirus outbreak, ministry of trade has officially temporarily stops live animals import from or have transited in China to Indonesia,...

Indonesia to Relaxes Scrap Metal Import Rules

JAKARTA (TheInsiderStories) - The Indonesian government considered to relax the scrap metal import rules to support the downstream industry, said the industry minister Agus...

Indonesia Responds China’s Complaints on Temporary Travel, Import Ban

JAKARTA (TheInsiderStories - President of Indonesia, Joko Widodo, said that the country' policies in suspending flights from China and temporarily curb imports has been taken to protect national interests,...

Pressing the Trade Deficit, Indonesia Focus on 15 Industries

JAKARTA (TheInsiderStories) - To tackle the trade deficit, Indonesian government is prioritizing the development of export-oriented industrial sectors, said the minister last week. Based on Statistic...

Morning Briefing: Phase One Trade Deal Signs Today

JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump is slated to sign the phase one trade deal with Chinese Vice Premier Liu He...

US Trade Deficit Drops 7.6% in October Amid the Ongoing Trade...

JAKARTA (TheInsiderStories) - United State (US) trade deficit edged down to a 16-month low, fell 7.6 percent to US$47.2 billion, largely because of lower imports...

Japan’s Trade Balance Turns to Surplus in October

JAKARTA (TheInsiderStories) - Japan’ trade balance turned to surplus of JPY17 billion (US$156.64 million) in October on a non-seasonally adjusted basis as imports declined faster (down...

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...