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OECD Revises Up Indonesian Economic Growth to 4.9% in 2021

JAKARTA (TheInsiderStories) - The Organization for Economic Co-Operation and Development (OECD) revised up Indonesia' economic growth to 4.9 percent in this year from earlier is estimating...

Breaking News: Widodo Revokes Liquor Investment Rules After get Criticises

JAKARTA (TheInsiderStories) - After get criticize from ulema and other moslem society, President of Indonesia, Joko Widodo, revoked the investment permit on liquor stated at the...

Indonesia Extends Anti-dumping Import Duty of BoPET

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, extended the anti-dumping import duty on Biaxially Oriented Polyethylene Terephtalate (BoPET) products from India, China and Thailand, wrote...

Indonesia Set CPO Prices US$1,027 and Some Mining Prices Rise

JAKARTA (TheInsiderStories) - Indonesian government set the benchmark  price for crude palm oil (CPO) products for export duty is US$1,026.78 per metric ton (MT) of...

Indonesia Extends the Community Restriction for Another Two Weeks

JAKARTA (TheInsiderStories) - Indonesian government extending the community activity restrictions for another two weeks starting Jan. 26 to Feb. 8, 2021, said the senior...

Indonesia Extends Ban Entry for Foreigners Until End of January

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, announced today, Indonesian government extended the ban entry for foreigners until Jan. 28, 2021, in a bid to...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! The Food and Drug Supervisory Agency has issued a Lot Release certificate for 1.2 million vaccines from the first arrival on...

Indonesia Set CPO Export Levy US$74 per MT for January

JAKARTA (TheInsiderStories) - Trade ministry of Indonesia set the export levy of crude palm oil (CPO) and derivative products for in January at US$74 a metric ton...

Indonesia’s Mining Export Prices Go Up Again in January

JAKARTA (TheInsiderStories) - The benchmark prices of Indonesian mining products for export in January 2021 go up again along with the increased of the global prices,...

Indonesia Shuts the Door to Foreigners Starting Jan. 1 to 14

JAKARTA (TheInsiderStories) - Foreign minister, Retno Marsudi, announced, the government ban all travelers to enter Indonesia starting Jan. 1 - 14 to avoid the spread of a...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning and Have a Wonderful Christmas to our readers! Global investors cheered a potential Brexit deal between United Kingdom (UK) and the...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - President of United States (US), Donald Trump, threaten not sign the fiscal stimulus package into law after the Congress approved an US$892 billion...

Indonesia’s Energy Investment Only US$22B in This Year

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry sees total investment in the energy and natural resources sector only reaches US$22.33 billion in...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Today, the statistics bureau has an agenda to announces export and import data for last month. In November, Indonesia' trade balance is predicted...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! The coming week we will sees policy meetings at no fewer than ten central banks, including the Federal Reserves, Bank of...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! United States (US) stimulus and climbing COVID-19 cases weighed globally financial market on Thursday. Treasury secretary, Steven Mnuchin, said negotiations over...

Indrawati Raises Cigarette Tax 12.5% Starting 2021

JAKARTA (TheInsiderStories) - Indonesian government decided to raises the cigarette tax in average 12.5 percent starting 2021. In details, class A machine white cigarettes jumped by 18.4...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! British Prime Minister Boris Johnson and President European Union, Ursula von der Leyen, has and agenda meets today to continue the discussion...

Weekly Briefing: Various Things to Know in This Week

JAKARTA (TheInsiderStories) - Good Morning! President Joko Widodo announced Indonesia has received 1.2 million doses of COVID-19 vaccines from China' drug-maker, Sinovac. Now, he said,...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! Indonesia recorded highest daily jump in COVID-19 new cases to 8,300 people and has been died 156 peoples, the task...

Indonesia Considers to Raises CPO Export Levy in This Month

JAKARTA (TheInsiderStories) - The Indonesian government plans to implement the progressive export levy on crude palm oil (CPO) from earlier maximum US$55 a metric ton (MT)...

FSA Revises Public Offering Value, Regulate Crowdfunding and Disgorgement Fund

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) plans to revise the minimum values of public offering in the capital market from Rp1 billion...

Indonesia Regulates P2P Lending and Minimum Capital of FinTech Firm

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) has plans to regulate the implementation of peer-to-peer lending (P2P) for financial technology (FinTech). The agency also...

The Government Send Warning Letter to Freeport Indonesia

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry gave a warning to the gold and copper miner, PT Freeport Indonesia (PTFI), for the delay...

10 Digital Firms Must Pay 10% VAT Starting December

JAKARTA (TheInsiderStories) - The directorate general of taxes at the ministry of finance to implement the 10 percent of value added tax (VAT) mechanism in every item...

Morning Briefing: Various Things to Know on Friday

JAKARTA (TheInsiderStories) - Good Morning! United States (US) treasury secretary, Steven Mnuchin, sent a letter to Federal Reserves to return money earmarked under the March' pandemic...

EU Ends Anti-subsidy Probes HRSS Steel from Indonesia, China

JAKARTA (TheInsiderStories) - The European Union (EU) officially suspended the anti-subsidies investigation against hot rolled stainless steel (HRSS) from Indonesia and China. HRSS is a steel product...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! Its decision day for Bank Indonesia, to hold or cut its benchmark rate. The economists expect the central bank to maintain...

Renewable Electricity Purchase Rules Will be Issued Soon

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry confirmed that the presidential decree on the purchase of renewable energy by state-owned power producer,...

Morning Briefing: Various Things to Know On Wednesday

JAKARTA (TheInsiderStories) - Good Morning! Starting today, board governors of Bank Indonesia (BI) start the two-days meeting before make it decision on Thursday. Last month,...
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