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World Bank: Indonesia’s Debt Position Ranks 7th in the World

JAKARTA (TheInsiderStories) - The World Bank reports that Indonesia' debt position is in the 7th position from a low-middle income around the globe, with a total...

ADB Gives US$500M Emergency Funds for Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$500 million loans for Indonesia to boost an emergency financing caused by natural hazards and...

ADB: Indonesia’s Economy to Contracts 1% in This Year

JAKARTA (TheInsiderStories) — Indonesia’ economy is forecast to contracts by 1.0 percent in this year amid the pandemic before rebounding to 5.3 percent in 2021,...

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...

M.P. Evans Group Sold Assets to Expand Palm Oil Project in...

JAKARTA (TheInsiderStories) - The British' firm, M.P. Evans Group PLC (MPE) announced an agreement to dispose of 70 hectares of land owned by its unit, Bertam...

World Bank Sees Indonesian Economy Not Grow in 2020

JAKARTA (TheInsiderStories) - The World Bank sees Indonesian economy not growing or zero growth of the gross domestic products (GDP), said the lead economist today (07/16)....

Nasdaq Dubai Sambut Pencatatan SUKUK Indonesia dan IsDB

JAKARTA (TheInsiderStories) - Nasdaq Dubai menyambut pencatatan tiga SUKUK yang dikeluarkan oleh pemerintah Indonesia dengan nilai total AS$2,5 miliar (Rp35.20 triliun) dan $1,5 miliar yang dikeluarkan...

Nasdaq Dubai Welcomes Indonesia and IsDB SUKUKs

JAKARTA (TheInsiderStories) - Nasdaq Dubai has welcomed the listing of three SUKUK issued by the government of Indonesia with a total value of US$2.5 billion and a...

The Fed Hold the Benchmark Rate to Support US’s Economy

JAKARTA (TheInsiderStories) - Federal Open Market Committee (FOMC) decided to kept the Fed Funds Rate (FFR) at 0 - 0.25 percent, confirmed the intention of the central bank...

Smartphone Market Posts a New Record Low in Shipments Impacted by...

JAKARTA (TheInsiderStories) - In the first quarter of 2020, the Indonesia smartphone market shipped 7.5 million units, declining by 7.3 year over year (YoY)...

Indonesia – Australia CEPA Will Activates in July 5

JAKARTA (TheInsiderStories) - Indonesia - Australia comprehensive economic partnership agreement (CEPA)--covering A$18 billion (US$11.76 billion) of agriculture, education and health--will be activated will kick in on...

IMF Sees Indonesia’s GDP Only 0.5% in This Year

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) sees Indonesia' economic growth only 0.5 percent in this year, the lowest level since 1998, caused the impact of...

Indonesia Sees the Economic Growth 4.5% – 5.5% in 2021

JAKARTA (TheInsiderStories) - Indonesian government expect the economic growth could rebound in 2021 between 4.5 to 5.5 percent of gross domestic products (GDP) after the...

S&P Global: COVID-19 Will Hit Indonesia’s Economy

JAKARTA (TheInsiderStories) - Global rating agency Standard and Poor’s (S&P) Global rated, the COVID-19 outbreak will hitting tourism, transport, trade, manufacturing, and investment in Indonesia....

Fitch Revises Down Indonesia’s Economic Growth to 4.8% in 2020

JAKARTA (TheInsiderStories) – Fitch Ratings revised down Indonesia’ economic growth forecasts from 5.1 percent to 4.8 percent in 2020 amid the COVID-19 outbreak, it...

R&I Upgrades Indonesia Sovereign Credit Rating to BBB+

JAKARTA (TheInsiderStories) - Rating and Investment Information, Inc. (R&I) upgrades Indonesia’ sovereign credit rating from BBB/stable outlook to BBB+/stable outlook (investment grade), the agency announced on...

Breaking: Indonesia Extends COVID-19 Emergency Status Until May

JAKARTA (TheInsiderStories) - Indonesian government extended the COVID-19 national emergency status until May 29 from initially on Feb. 28, said the the national disaster management...

Indonesia’s President: No Lockdown Policy

JAKARTA (TheInsiderStories) - President Joko Widodo asserted the government will not adhere the lockdown policy to overcome the coronavirus outbreak in Indonesia. He also averted...

ADB Pledges Loan Budget US$2.7B for Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) is committed to raising the loan budget to Indonesia from last year worth of US$ 1.7 billion...

Breaking News: Two Indonesians has been Affected Coronavirus

JAKARTA (TheInsiderStories) - President Joko Widodo announces two Indonesian peoples has been affected by coronavirus. The victim one old lady and her daughter has been...

Widodo: Indonesia’s Digital Economy Reaches US$40B in 2019

JAKARTA (TheInsiderStories) - President Joko Widodo reported Indonesia' digital economy valued worth of US$40 billion during 2019. The amount is far beyond other Southeast Asia...

Indonesia’s Credit Profile Balances Stable Growth with Revenue Weaknesses

JAKARTA (TheInsiderStories) - Indonesia' (Baa2 stable) credit profile is supported by the economy' large size, low fiscal deficits and modest debt burden. These features are balanced...

Widodo Wants Indonesia’s Ease Doing of Business Rank Rises to 40

JAKARTA (TheInsiderStories) - President Joko Widodo wants Indonesia' ease of doing business (EoDB) ranking rise from 73 to 40 position in 2019. To Reach the target,...

Indonesia’s Rating Survive in Baa2 with Stable Outlook, says Moody’s

JAKARTA (TheInsiderStories) - Moody's Investors Service  affirmed Indonesia' local and foreign currency long-term issuer ratings at Baa2 and maintained the stable outlook. The local and foreign...

Indonesia to Signs CEPA with Australia on Monday

JAKARTA (TheInsiderStories) - President Joko Widodo and Prime Minister Scott Morrison will signs the Indonesia – Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on Monday (02/10). The signing...

House Approves Indonesia – Australia’s CEPA

JAKARTA (TheInsiderStories) - Indonesian House of Representatives approved the bill to ratify the Indonesia - Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on Thursday' meeting. Last year,...

Japan Credit Raises Indonesia Rating to BBB+

JAKARTA (TheInsiderStories) - Japan Credit Rating (JCR) has raised the debt rating of Indonesia to BBB+ with a stable outlook. Earlier in April 2019, the agency...

Global Financial Market Plummet as Wuhan Virus Spreads

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo monitored the development of coronavirus in Wuhan, China, and promised to protect Indonesian citizens who live at the...

Indonesia, UAE to Completes Investment Deal US$20B Next Week

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo would visit Abu Dhabi, United Arab Emirates (UAE) on Jan. 13 to complete an investment projects worth of...

EU Sets Tariff Up to 18% on Indonesian Biodiesel Imports

JAKARTA (TheInsiderStories) - The European Commission imposed countervailing duties at between 8 percent to 18 percent on imports of subsidized biodiesel from Indonesia on...