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Morning Briefing: Foreign Tourists Number Drops 30% in February

JAKARTA (TheInsiderStories) - Good Morning! Number of foreign tourists in Indonesia declined sharply due to the COVID-19 outbreak. The statistic bureau reported the number of arrivals...

Morning Briefing: March’s Inflation Announces Today

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia announces the latest inflation rate in March. Last month the inflation stood 0.28 percent compared to...

Oil Market Plunges, Need Joint Action to Rise the Price

JAKARTA (TheInsiderStories) - The global oil prices fell almost 8 percent on Thursday (03/26) amid the price war between Saudi Arabia and Russia. Yesterday, price of West...

COVID-19, Oil Price Shock will Magnify Weaknesses 2020 Sovereign Outlook

JAKARTA (TheInsiderStories) - The coronavirus outbreak and the related oil price shock will lower sovereigns' economic and fiscal strength, increase weaker sovereigns' vulnerability to shifts in...

Morning Briefing: G20 Moves, Trump’s Relief Bill Awaits Parliamentary Approval

JAKARTA (TheInsiderStories) - Good Morning! In the virtual meeting of Group of 20 (G20) on Thursday, the leaders agreed to mobilize funds US$4 billion from...

Morning Briefing: Indonesia to Run COVID-19 Rapid Test

JAKARTA (TheInsiderStories) - Good Morning! After decided not lockdown the country, now Indonesian President order COVID-19 task force to run rapid test across the country....

Morning Briefing: Indonesia Prepares Policies to Tackle COVID-19 Impact

JAKARTA (TheInsiderStories) - Good Morning! Finance minister Sri Mulyani Indrawati claimed Indonesian government is preparing stimulus similar to the 2008 global financial crisis, including...

Morning Briefing: King of Dutch Meets Indonesian President

JAKARTA (TheInsiderStories) - Good Morning! King of Dutch, Willem Alexander has scheduled to meet President Joko Widodo during his visit to Indonesia starting yesterday. In...

Indonesia’s FSA Allows Issuer Buyback Shares up to 20%

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) allowed listed companies to buyback shares up to 20 percent of their paid-up capital without need a shareholders...

Breaking: US’s Stock Market Trading Halt After Major Indices Plunged

JAKARTA (TheInsiderStories) - United States (US) stock market trading halt in a minutes of opening after major indices broke through the level that triggered the New...

OPEC Proposes 1.5M barrels Cut, Oil Prices still Weaken

JAKARTA (TheInsiderStories) - The heads of Organization of the Petroleum Exporting Countries (OPEC) recommended an extending the duration of the proposed 1.5 million barrels per...

Morning Briefing: The Coronavirus Widespread

JAKARTA (TheInsiderStories) - Good Morning! World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus said, the spread of coronavirus is increasingly at a global level. At a briefing...

OPEC+ Meets to Evaluate the Oil Prices on Thursday

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) and its allies is to meet in Vienna, Austria on March 5 - 6, to decide...

Morning Briefing: The Impact of Coronavirus Has Not Faded

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo lead the cabinet meeting today, to mitigate the global economic development amid various problem such as coronavirus,...

Oil Prices Climbs After OPEC, Allies Considers Further Cut Output

JAKARTA (TheInsiderSTories) - After dropped below US$50 a barrel on Tuesday, oil price boosted by the Organization of the Petroleum Exporting Countries (OPEC) and its allies...

OPEC Considers to Moves March’s Meeting to February

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) members are considering holding an emergency meeting in February after oil prices slumped on concern the...

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...

Morning Briefing: Indonesia’s Inflation, Tourism Data Out Today

JAKARTA (TheInsiderStories) - Good Morning! Statistic Indonesia will release the inflation data during October this noon. Last month, the agency reported the annual consumer price index...

Morning Briefing: Johnson Hard Work to Reaches Brexit Deal

JAKARTA (TheInsiderStories) - Good Morning! British' Prime Minister Boris Johnson try again to get approval for a Dec. 12 general election today to smooth his Brexit plan. He...

US Rises Crude Oil Stockpiles, Price Slid Below US$53 a Barrel

JAKARTA (TheInsiderStories) - The American Petroleum Institute reportedly an increase in crude oil stockpiles of 10.5 million barrels. This will be the biggest jump since February...

Morning Briefing: Anti-graft Law Effective Today

JAKARTA (TheInsiderStories) - Good Morning! Anti-graft law effective today even without Indonesian President Joko Widodo' signature. The law will automatically take effect 30 days after...

Oil Price Spikes 19% on Saudi Aramco Attack, the Biggest in...

JAKARTA (TheInsiderStories) - Oil prices soared after drone attack on Saudi Aramco facilities last weekend. On Monday, Brent crude oil futures jumped around 19 percent...

Indonesian Financial Market Tumbles on Domestic, Global Issues

JAKARTA (TheInsiderStories) - Indonesian financial market tumbled follows the "bad news" from domestic and global market. The cigarette tax, trade data and middle east...

Global Oil Price Touches the Highest Level Since July

JAKARTA (TheInsiderStories) - The global oil price touched its highest level since end of July after rose on the fifth trading days. This morning, West Texas...

Morning Briefing: Trump Threatens China Again

JAKARTA (TheInsiderStories) - Good morning! United States (US) President Donald Trump again will impose 10 percent tariffs for US$300 Chinese goods on September. The announcement immediately shook...

Morning Briefing: Indonesia Announces the Realization Investment Today

JAKARTA (TheInsiderStories) – Good morning! Indonesian Coordinating Investment Board will announce the realization investment for second quarter (2Q) of 2019. In the 1Q of...

US Warship Destroys Iranian Drone over Strait of Hormuz

JAKARTA (TheInsiderStories) - The United States (US) military has destroyed an Iranian drone that came within 1,000 yards of one of its naval vessels...

Morning Briefing: Indonesian President Looking His New Ministers

JAKARTA (TheInsiderStories) – Indonesian President Joko Widodo start looking his new ministers and consider for a young figure to enter his cabinet. Widodo claimed he would not...

OPEC+ Meeting Its Expecting Give “Fresh Air” to Commodity Market

JAKARTA (TheInsiderStories) - The meeting of the Organization of Petroleum Exporting Countries, Russia and other countries (OPEC+) will held today in Vienna, Swiss. The meeting its...

Morning Briefing: Oil Prices Jump After OPEC Extends the Cutting Production...

JAKARTA (TheInsiderStories) – Good morning! Yesterday, oil prices rising more than 1 percent after the Organization of Petroleum Exporting Countries (OPEC) agreed to extend restrictions...