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Indonesia Implements Full Blocking Control of IMEI

JAKARTA (TheInsiderStories) - Indonesian government officially enforces International Mobile Equipment Identity (IMEI) control for the telecommunication devices such as mobile phones, handheld computers, and...

Japan’s Export Slumps 14.8% in August, Enter the Recession

JAKARTA (TheInsiderStories) - Japan posted a double-digit slump of export in August due to a global slowing demand, dropped for the 21st straight month, the ministry of...

Indonesia Posts Trade Surplus US$2.33B in August

JAKARTA (TheInsiderStories) - Statistics bureau reported that Indonesia posted a trade surplus of US$2.3 billion in August. Last The export value was recorded at...

Pandemic Effect, Indonesia’s Coal Export Volume Drops 11%

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) revealed that the realization of Indonesian coal exports has fallen sharply by 11...

Indonesia Posts a Trade Surplus US$3.26B in July

JAKARTA (TheInsiderStories) - Indonesia experienced a trade surplus of US$3.26 billion in July of 2020, said chairman of the statistic bureau today (08/18). The amount higher...

Indonesia’s Eximbank Ready to Pay Off Debt US$68.96M

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency or Eximbank ready to pay debt worth of Rp1 trillion (US$68.96 million), said the company today. In...

Pertamina, Pupuk Kujang Build the First Catalyst Plant in Indonesia

JAKARTA (TheInsiderStories) - The state-owned energy company, PT Pertamina together with PT Pupuk Kujang and PT Rekacipta Innovation Institute of Technology Bandung established a joint venture...

Indonesia – UK to Complete the Trade Review in December

JAKARTA (TheInsiderStories) - Indonesia and the United Kingdom (UK) agreed to completes the Joint Trade Review (JTR) in December of this year, to improve...

Indonesia-Inggris Sepakat Selesaikan Kajian Perdagangan Tahun Ini

JAKARTA (TheInsiderStories) - Indonesia dan Inggris sepakat segera menyelesaikan Kajian Perdagangan Bersama pada Desember tahun ini untuk meningkatkan hubungan ekonomi kedua negara, kata seorang pejabat hari...

Indonesia’s Trade Surplus Widens to US$1.27B in June

JAKARTA (TheInsiderStories) - Indonesian trade surplus increased to US$1.27 billion in June 2020 from $0.30 billion in the same month of the previous year,...

China Posts Export Growth Amid COVID-19 Outbreak

JAKARTA (TheInsiderStories) - Exports from China unexpectedly increased by 0.5 percent year-on-year to US$213.57 billion in June 2020, after a 3.3 percent fall in...

Saudi Arabia Raises Import Duty of 575 Indonesian Products

JAKARTA (TheInsiderStories) - General authority of Saudi Arabia raised import duty on 575 of Indonesian products, said trade ministry on Monday (06/22). The trade partner...

Japanese Exports Fell to Lowest Level Since 2009’s Global Crisis

JAKARTA (TheInsiderStories) - Japanese exports fell at the fastest rate since the 2009 global financial crisis to JPY4.18 trillion (US$39.03 billion) in May, the custom office...

Indonesia’s Trade Balance Surplus US$2.09B Due to Low Imports

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus US$2.09 billion in May due to lower imports, the statistic bureau reported today (06/15). Year to date,...

India to Run Anti-dumping Investigations for Some Countries

JAKARTA (TheInsiderStories) - India will run anti-dumping investigation on imports of polyester yarn from Indonesia, China, Nepal and Vietnam, said Directorate General of Trade Remedies (DGTR) on...

Indonesia Posts Trade Deficit US$350M in April

JAKARTA (TheInsiderStories) - Indonesia' trade deficit recorded of US$350 million in April 2020, said the statistic bureau last week. In March, the country still...

Indonesia Records Trade Surplus US$740M in March

JAKARTA (TheInsiderStories) – Indonesia reported the trade surplus in March worth of US$740 million, lowered than February surplus $2.34 billion, it said today (04/15). The decreased...

China’s Foreign Trade Slumps 6.4% in 1Q of 2020

JAKARTA (TheInsiderStories) - China' foreign trade contracted less than expected in the first quarter (1Q) of 2020 affected by COVID-19, said the general administration of custom (GAC)...

Fitch Rating Reaffirms Indonesia’s Eximbank BBB Rating

JAKARTA (TheInsiderStories) - Fitch Rating reaffirms the long-term default risk rating on the Rupiah bond from the Indonesian Export Financing Agency (Eximbank) by BBB with a...

Soon, Indonesia and South Korea to Signs FTA Deal

JAKARTA (TheInsiderStories) - Indonesia and South Korea agreed to signs the much-awaited comprehensive economic partnership agreement (IK-CEPA) soon to minimize the economic fallout from the new COVID-19...

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 surplus 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...