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Three Japanese Companies Relocates Plant From China to Indonesia

JAKARTA (TheInsiderStories) - Industry minister, Agus Gumiwang Kartasasmita, has confirmed at least three Japanese companies will relocate their factories from China to Indonesia. The company are...

Japan’s Economy Recovery to 12.7% in 4Q of 2020

JAKARTA (TheInsiderStories) - Japan' economy expanded in the fourth quarter (4Q) of 2020 from its worst postwar recession by an annualized 12.7 percent compared to...

Indonesia Offers the Extension Semi-fast Train Project to China

JAKARTA (TheInsiderStories) - The senior minister for maritime and investment affairs, Luhut Binsar Pandjaitan, asked Chinese government to connect the Jakarta - Surabaya Semi-fast Railway with...

Japan Export Fell 4.2% in November, China and US Improves

JAKARTA (TheInsiderStories) - Export from Japan fell, but China and United States (US) improved in November along with the rising demand from the partnering countries,...

Japan’s Economy Grow 22.9% in Third Quarter of 2020

JAKARTA (TheInsiderStories) - Japan' economy grew an annualized 22.9 percent in the third quarter of 2020, revised data from the Cabinet Office showed on Tuesday (08/12)....

Japan’s Tokyo Gas Acquires 33.4% Super Energy Shares

JAKARTA (TheInsiderStories) - One of the largest gas provider in Japan, Tokyo Gas Co., Ltd., (TYO: 9531) has acquired a 33.4 percent stake in the Indonesian...

Germany’s Eximbank Gives Loan US$655M for Indonesia

JAKARTA (TheInsiderStories) - Federal Republic of Germany gave a bilateral loans of EUR550 million (US$654.76 million) to help Indonesian economy from the impact of the COVID-19...

Japan’s Real GDP Surges, But Resurgence of COVID-19 Could Weigh on...

JAKARTA (TheInsiderStories) - Japan’ real economic growth rebounded by 5.0 percent in the third quarter (3Q) of 2020 compared to previous quarter or rose 21.4 percent...

Japan Gives Soft Loan US$474M to Indonesia

JAKARTA (TheInsiderStories) - Japanese Prime Minister, Yoshihide Suga, said will provides a low-interest loans worth of JPY50 billion (US$474.15 million) to support Indonesia to strengthen the disaster...

Morning Briefing: Various Things To Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo and Prime Minister of Japan Yoshihide Suga meet today at the Bogor Palace to discuss various issues,...

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...

IHS Markit: Suga Wins Increasing Likelihood of Snap Elections

JAKARTA (TheInsiderStories) - As Yoshihide Suga was elected as Japan’ Liberal Democratic Party (LDP) president with majority votes, indicating he will become the next prime minister...

Suga Becomes the Strong Candidate for Japanese Premier

JAKARTA (TheInsiderStories) - The right-hand man of former Japanese Prime Minister, Sinzo Abe, has elected as the leader of a ruling party, Liberal Democratic Party (LDP),...

BI and Japan Runs Local Bilateral Settlements

JAKARTA (TheInsiderStories) - Bank Indonesia today (BI) and Japanese ministry of finance officially started the implementing of local bilateral settlement in both' trade transactions and direct investment...

Weekly Briefing: A View of Global Economic Conditions in 3Q

JAKARTA (TheInsiderStories) - Good Morning! Prime Minister of Japan, Sinzo Abe, officially resigned from his office for the health reason. The LDP party will announce who...

Breaking: Abe Will Steps Down Due to Health Condition

JAKARTA (TheInsiderStories) - Prime Minister of Japan, Sinzo Abe, announced of his resignation due to the health condition, local media reported today. The longest serving leaders is...

Japan Records the Worst Contraction in History

JAKARTA (TheInsiderStories) - The Japanese economy recorded the worst contraction in history caused the COVID-19. Based on preliminary data from the cabinet office released...

Japan’s GDP Looks Shrink to 4.5%, Fitch Revises This Year Outlook

JAKARTA (TheInsiderStories) - Japan' economy could contracts 4.5 percent in this year due to the pandemic, said some observers. While, Fitch Ratings has revised its outlook...

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...

IHS Markit Revised up Japan’s Real GDP Growth for 2020

JAKARTA (TheInsiderStories) - IHS Markit revised up its forecast of Japan’ real GDP growth to a contraction of 4.9 percent in 2020 before a rise of...

Japan Prepares More Stimulus Package to Help the Economy

JAKARTA (TheInsiderStories) - Japanese government is considering a new stimulus package worth more than JPY100 trillion (US$928.76 billion) for a second additional budget in this year following...

Morning Briefing: WTI Price Turns to Negative for First Time

JAKARTA (TheInsiderStories) - Good Morning! United States (US) West Texas Index (WTI) crude prices slipped into negative territory for the first time ever over storage capacity...

Global Economy: After Worst Recession in 1930s, What Path Will the...

JAKARTA (TheInsiderStories) - IHS Markit is looking past the horrific second-quarter drop in real GDP, and a deeper recession in 2020 than in 200 8 –...

ASEAN Leaders Join Hands to Fight COVID-19

JAKARTA (TheInsiderStories) - Leaders of the Association of Southeast Asian Nations (ASEAN) support reallocating existing available funds, encourage technical and financial support, including the proposed establishment...

Japan’s Largest-ever Stimulus Unlikely Offset a Sharp Economic Slowdown

JAKARTA (TheInsiderStories) - As the number of new COVID-19 cases has accelerated rapidly over the past 10 days in Japan, Prime Minister Shinzo Abe declared...

Japan’s GDP Revised Down in 4Q 2019 Due to Weak Investment

JAKARTA (TheInsiderStories) - Japan’ real GDP growth for the fourth quarter (4Q) of 2019 was revised down to a 1.8 percent quarter-to-quarter (QoQ) from same quarter...

Morning Briefing: Global Market Plunge for the Worst Since 2018’s World...

JAKARTA (TheInsiderStories) - Good Morning! Global shares plunge amid brutal selling by investor and headed for the worst week since the world financial crisis in 2019....

Morning Briefing: G20’s Finance Leaders Meeting Focus on COVID-19

JAKARTA (TheInsiderStories) - Good Morning! The COVID-19 outbreak could become the biggest issue for discussion at a weekend gathering of finance leaders from the Group of...

Morning Briefing: The Latest Forex Reserves Announces by BI Today

JAKARTA (TheInsiderStories) - Good Morning! The latest foreign exchange (forex) reserves position will announces by Bank Indonesia (BI) today. Last December the reserves stood at US$192.2...

Morning Briefing: BI Sees Indonesia’s Economic Growth 5.1% in 2019

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia (BI) sees Indonesia' economic growth landed at 5.1 percent during past year, supported by improvements in exports and household consumption...
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