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Indonesia Officially Become Human Rights Council Members

JAKARTA (TheInsiderStories) - Indonesia has officially become the member of Human Rights Council (HRC) of United Nation (UN), said the minister today (10/18). The memberships...

WEF: Indonesian Competitiveness Index Dropps to 50

JAKARTA (TheInsiderStories) - World Economic Forum (WEF) announced Indonesian competitiveness index dropped to 50 compared to other countries in the world from previously in the rank...

Indonesia, Singapore Agrees to Completes Investment Treaty Ratification

JAKARTA (TheInsiderStories) - A number of agreements were reached during the Annual Leaders Meeting between Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien...

Wolrd Bank: Indonesia Needs Strong Institutional Reform To Benefit of Urbanization

JAKARTA (TheInsiderStories) - Indonesia, the world’s fourth most populous country, stands as a country transformed by urbanization. It can be the next big thing...

Indonesian Manufactures Index Not Improves in Third Quarter

JAKARTA (TheInsiderStories) - The average Purchasing Manufacturing Index (PMI) of Indonesia in third quarter (3Q) of 2019 not indicated an improvement, IHS Markit reported yesterday (10/02). The...

ADB Revises Indonesia’s Economic Outlook 5.1% in This Year, 5.2% in...

JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) revises its economic outlook for Indonesia, with growth to slightly moderate at 5.1 percent this year from a...

Indonesia Import Sugar, Rice from India to Cut Trade Deficit

JAKARTA (TheInsiderStories) - Indonesia has decided to import sugar and rice from India, as a move to cut the trade deficit between the two...

Nakeo Resigns from Asian Development Bank

JAKARTA (TheInsiderStories) - Takehiko Nakao announced his resignation as the President of Asian Development Bank, effective Jan. 16, 2020, the agency announced today (09/17). He assumed...

Indonesia to Intensify Economic Cooperation with India, New Zealand

JAKARTA (TheInsiderStories) - Indonesia will intensify economic cooperation with India and New Zealand as Southeast Asia's largest economy enters the Asian market. Indonesia asks...

Indonesia, India’s Target US$50B Trade by 2025 On Track

JAKARTA (TheInsiderStories) - Indonesia and India reaffirmed their commitment to achieving the target trade value to reach US$50 billion in 2025, from $20 billion...

Indonesia Eyes 73.6M Foreign Tourists in 2045

JAKARTA (TheInsiderStories) - The government is targeting Indonesia as a leading Asian and World tourism destination by 2045 with a total of 73.6 million...

EU Imposes up to 18% Duties on Indonesian Biodiesel

JAKARTA (TheInsiderStories) - The European Commission (EC) has imposed temporary duties ranging from 8 to 18 percent on imports of subsidized biodiesel from Indonesia,...

Indonesia, Philippines EEZ Boundary Enters Into Force

JAKARTA (TheInsiderStories) - An agreement delineating the boundary between the overlapping exclusive economic zones (EEZs) of Indonesia and Philippines officially entered into force following the exchange...

Indonesia Rank Fourth Investment Destination by Score 84.4

JAKARTA (TheInsiderStories) - Indonesia ranked fourth investment destination countries in 2019 with an investment score and doing business of 84.4, CEOWORLD reported this week....

Indonesia Needs US$4.4T to Reach Climate Change Targets

JAKARTA (TheInsiderStories) - Indonesia needs greater funding to reach climate change targets in the future. As a nationally determined contribution (NDC) target, Indonesia needs...

Indonesia Sees Economic Growth at 5.2% in 2H

JAKARTA (TheInsiderStories) - Amid the widening deficit in the first half (1H) of 2019, Indonesia' government remain optimistic and predicted economic growth in the...

Indonesia’s Budget Deficit Reached 0.84% of GDP in 1H

JAKARTA (TheInsiderStories) - Indonesia' finance ministry Sry Mulyani Indrawati on Tuesday (07/16) reported a deficit of the state budget in the first half (1H)...

Indonesia, Turkey Agrees to Complete IT-CEPA This Year

JAKARTA (TheInsiderStories) - Indonesia and Turkey agreed to finalize the Indonesia-Turkey Comprehensive Economic Partnership Agreement (IT-CEPA) negotiations this year, which is expected to overcome...

Indonesia Signs US$922M Projects Agreement with Toll Road Business Entities

JAKARTA (TheInsiderStories) - Indonesia' finance ministry signed an agreement with 29 toll road business entities, 36 toll road sections and 35 memoranda of understanding...

Again, Indonesia Provides Tax Incentives for Investors

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo has signed the government regulations to attract more investment in several sectors by providing tax incentives. The rule...

Widodo Criticizes Ministers for Indonesia’s Widening Current Account Deficit

JAKARTA (TheInsiderStories) - Indonesia' president Joko Widodo has criticized his ministers due to the country's widening current account deficit (CAD). In the first quarter...

The Government Actively Invites Investors Invest in Indonesia

JAKARTA (TheInsiderStories) - Indonesian government actively invite global investors to invest in Indonesia. Lot of serials meeting arranged by President Joko Widodo' minister to...

Indonesia, China Agrees on Special Fund under Belt and Road Projects

JAKARTA (TheInsiderStories) - Indonesia and China agreed to prepare special funds in the Belt and Road Initiative (BRI) project as a result of bilateral...

Indonesia Strengthens Measures to Corrupt Corporate Corruption

JAKARTA (TheInsiderStories) - Indonesia government is preparing a number of legal measures to prevent corruption and crack down on corporate tax arrears in Southeast Asia's largest economy....

Indonesia to Raise Electricity Tariff in 2020

JAKARTA (TheInsiderStories) - Indonesia government plans to increase electricity tariffs for 12 non-subsidized groups starting in 2020 after two years of flat rates. The...

Indonesia Raises Infrastructure Investment Funds US$429B by 2024

JAKARTA (TheInsiderStories) - Indonesian government increased infrastructure investment needs worth US$429.7 billion during 2020-2024, rise up 20 percent compared to $359.2 billion in 2015-2019,...

Indonesia Needs US$410M Fund to Reach 5.6% Growth

JAKARTA (TheInsiderStories) - Indonesia needs an investment fund around Rp5803 - Rp.5823 trillion (US$410 million) to achieve the economic growth target of around 5.3...

Indonesia, Argentina to Boost Cooperation in Economic Related Field

JAKARTA (TheInsiderStories) - Indonesia and Argentina are committed to increasing economic cooperation in several sectors ranging from trade, strategic industries, and agriculture. This was...

Indonesia, Laos Strengthens Cooperation in Various Fields

JAKARTA (TheInsiderStories) - Indonesia and Laos state companies will conduct business cooperation in various fields ranging from railroad infrastructure, mining, to agriculture. This was...

Prolonged Flooding Gives Credit Negative to Geo Energy

JAKARTA (TheInsiderStories) - Indonesian coal miner Geo Energy Resources Limited (B2 negative) announced on 14 June that flooding was affecting coal production and delivery from...