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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...

Japan’s Trade Deficit Widened in January as Exports to Asia Declined...

JAKARTA (TheInsiderStories) - Japan’ trade deficit widened faster than expected by 49.2 percent to JPY1.4 trillion (US$13 billion) in January on a non-seasonally adjusted basis....

Insight: Indonesia Needs to Simplify Food Production Lines

JAKARTA (TheInsiderStories) – The issue of food security is a strategic issue in the democratic-party for the 2019 Presidential Election. In fact, this issue...

Indonesia’s Posts Trade Deficit US$1.16B in January

JAKARTA (TheInsiderStories) – Indonesia' trade balance in January 2019 suffered a deficit of US$1.16 billion. This caused by the oil and gas deficit of...

China’s January Trade Data Beat Expectations

JAKARTA (TheInsiderStories) - China’ General Administration of Customs on Thursday (02/14) reported the country' exports and imports rose at a faster-than-expected rate in January....

Insight: Indonesia Needs Clear Policies in Energy Sectors

JAKARTA (TheInsiderStories) – The 1970-1990 period was the wealth of Indonesia' oil and gas sector, where this sector contributed up to 63 percent to...

Indonesia’s Krakatau Steel Run Two Strategic Projects in 2019

JAKARTA (TheInsiderStories) - PT Krakatau Steel Tbk (IDX: KRAS) to run two strategic projects in this year as part the Indonesian steel producer' effort to...

Indonesia Trade Deficit US$8.57B in 2018, the Worst in Four Decades

JAKARTA (TheInsiderStories) - Indonesia recorded US$8.57 billion trade deficit in 2018, the worst in more than 4 decades. Statistic Central Agency Chief Suhariyanto said,...

China’s Exports and Imports Shrink in December

JAKARTA (TheInsiderStories) - China's merchandise exports fell 4.4 percent year on year (YoY) in December in terms of US dollar, the second fastest drop in the...

Weekly Briefing: Trade War, Brexit, Export Impor Data, BI Policies will...

JAKARTA (TheInsiderStories) — Good morning! This week the market movements will colored by several major issues in global and domestic. On Jan. 22, United States...

Trade Deficit Continues to Suppress Japan’s Current-Account Surplus

JAKARTA (TheInsiderStories) - Japan's current account surplus declined 43.5 percent compared to last year (YoY) to JPY757 billion (US$7.0 billion) on a non-seasonally adjusted basis in...

This Year, Indonesia Targets Export Values US$176B

JAKARTA (TheInsiderStories) – Indonesian government targets to increase the non-oil exports values by 7.47 percent or worth of US$175.9 billion in 2019, said one senior...

Indonesia’s BULOG Promises Not Import Rice Until July 2019

JAKARTA (TheInsiderStories) – The Indonesia government through the National Logistics Agency (BULOG) would be guarantees the availability of rice stock until July 2019. Therefore,...

Weak Exports to Asia, Solid Imports Expand Japan’s Trade Deficit

JAKARTA (TheInsiderStories) - Japan’s trade deficit widened to JPY737 billion (US$6.6 billion) in November on a non-seasonally adjusted basis, largely reflecting solid growth in imports...

Indonesia’s November Trade Balance Deficit US$2.05B

JAKARTA (TheInsiderStories) — Indonesia trade balance continued its shortfall. The November 2018’s trade balance deficit recorded at US$2.05 billion, $230 million bigger that October,...

Indonesia, EFTA Countries Officially Signs CEPA

JAKARTA (TheInsiderStories) - The Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Free Trade Association (EFTA) officially signed on Dec. 16 in Jakarta, after eight...

Indonesia will Ratifies Seven International Trade Agreements

JAKARTA (TheInsiderStories) - Indonesian Government will ratify seven bilateral trade agreement in the ASEAN, ASEAN+, and one Free Trade Agreement (FTA). The ratification will be stipulated...

President Widodo Blames Indonesia’s CAD for Rupiah Depreciation

TANGERANG (TheInsiderStories) — Indonesia's Current account deficit (CAD) is charged responsible for Rupiah exchange rate slump, President Joko Widodo said in Trade Expo Indonesia (TEI)...

Weak Exports, High Oil Prices Contributes to Japan’s Narrowing Trade surplus...

JAKARTA (TheInsiderStories) - Japan's trade balance recorded a surplus of JPY140 billion (US$1 billion) in September, following two consecutive months of deficits (on a non-seasonally adjusted...

Indonesia Posts Trade Surplus US$230M in September

JAKARTA (TheInsiderStories)–Indonesia recorded trade surplus US$230 million in September from previous month minus $1.02 billion, Statistics Indonesia reported on Monday (15/10). Deputy for the agency, Yunita Rusanti reported,...

Industry Minister Inaugurates Fiber Optic Factory US$44M in Indonesia

JAKARTA (TheInsiderStories) - Minister of Industry of Republic Indonesia Airlangga Hartarto inaugurated fiber optic cable factory PT ZTT Cable Indonesia, a unit of Chinese's Jiangsu...

World Bank : Project Delays, Import Tax Policy Will Not Improves...

JAKARTA (TheInsiderStories) - Country Director of the World Bank Indonesia, Rodrigo Chaves rated that the government' move to postpone some infrastructure projects that bring investment and cut...

Indonesia’s MoF Estimates Imports Grow 11% in 2018

JAKARTA (TheInsiderStories) - Head of the Fiscal Policy Office for Ministry of Finance (MoF) Suahasil Nazara projected Indonesian import growth could be reduced by 11 percent...

Indonesia Posts Trade Deficit US$1.02B in August

JAKARTA (TheInsiderStories)–Indonesia still recorded trade deficit US$1.02 billion in August or lowered 49.75 percent from previous month worth of $2.03 billion, Statistics Indonesia reported on Monday (17/09). Head...

B20 Not Yet Fully Implemented in Indonesia

JAKARTA (TheInsiderStories) – The use of biodiesel 20 percent (B20) as required by the government since Sept. 1, 2018 is not yet fully implemented due mainly...

Indonesia to Issues Mandatory Sell of Crude Oil Rules Next Week

JAKARTA (TheInsiderStories) - Indonesian government expects to issues mandatory sell crude oil for all producers to state-owned energy firm PT Pertamina next week in order to...

15GW Indonesian Electricity Project Delays to Reduce Imports

JAKARTA (TheInsiderStories) - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that the government will delayed over than 15,000 megawatts' (MW) power plant projects...

Indonesia Waives Oil Income Tax to Lowering Import Costs

JAKARTA (TheInsiderStories) - Indonesian government decided to waive the oil income tax for oil producer (PSC) to lowering the imported costs, said one official on Thursday...

Indonesian Gov’t to Evaluates VAT Rate for Importers

JAKARTA (TheInsiderStories) - Indonesian government plans to evaluate the income tax rate (VAT) of imports, said one official on Monday (20/08). The planned was to control...