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Retail Sales and Consumer Confidence Index of Indonesia Improves

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported monthly' retail sales index (RSI) improved in November supported by most categories of goods. Its reflected in the November...

Hartarto: Indonesian CPO Prices to Reach US$668/MT in 2021

JAKARTA (TheInsiderStories) - Senior minister for economic affairs, Airlangga Hartarto, predicted Indonesia' crude palm oil (CPO) will touches US$668 a metric ton (MT) of CPO in...

Indonesia’s Oil and Gas Lifting in 2021 Unchanges

JAKARTA (TheInsiderStories) - The producers and the Special Task Force for Upstream Oil and Gas Business Activities (SKKMigas) agreed the oil and gas lifting in 2021...

Pandemic Effect, Indonesia’s Coal Export Volume Drops 11%

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) revealed that the realization of Indonesian coal exports has fallen sharply by 11...

Indonesia’s Manufacturing PMI Rises to 50.8 in August

JAKARTA (TheInsiderStories) - Indonesia' Manufacturing PMI rose to 50.8 in August 2020 from 46.9 in the prior month, PMI Survey Data showed. This was the first...

Indonesia’s Timah Slices the Production up to 30% per Month

JAKARTA (TheInsiderStories) - The world’ second-largest tin producer, PT Timah Tbk (IDX: TINS), plans to cut its capacity production up to 30 percent a month...

Indonesia Set Thermal Coal Price US$66.89/MT

JAKARTA (TheInsiderStories) - Indonesian government set its February' thermal coal reference price at US$66.89 a metric ton (MT), up 1.5 percent compared to January at $65.93/MT...

Indonesia’s Palm Oil Export Rises Single Digit in 2019

JAKARTA (TheInsiderStories) - Indonesia Palm Oil Association (GAPKI) reported the country export recorded 36.18 million tons (MT) of crude palm oil (CPO) in 2019 amid the...

Indonesian Crude Price Rises to US$63.26 in November

JAKARTA (TheInsiderStories) - The average price of Indonesian Crude Price (ICP) has increased to US$63.26 a barrel from $59.82 per barrel in the previous...

OPEC, Russia Agrees to Cut Oil Production 500,000 Barrels

JAKARTA (TheInsiderStories)- Organization of the Petroleum Exporters Countries (OPEC) and Russia agreed to make a further cut of oil production around 500,000 barrels per...

OPEC Revises Down Oil Demand to 980,000 Barrels per Day in...

JAKARTA (TheInsiderStories) - The Organization Petroleum Exporting Countries (OPEC) forecast world oil demand to grow by 980,000 barrels a day (bpd) in 2019, or down from...

Oil Prices Rise With Hopes US’s Fed Cut Interest Rates

JAKARTA (TheInsiderStories) - Oil prices rise more than 2 percent to its value as it broke $58 level on Tuesday (07/30). West Texas Intermediate (WTI)...

Indonesia Saves US$2.5B After Implementing Biodiesel Policy

JAKARTA (TheInsiderStories) - Indonesian senior minister said that the use of 20 percent bio-diesel (B20) scheme has saved US$2.5 billion in foreign exchange since implementing in...

Indonesia’s May Inflation Hits Record of the Year

JAKARTA (TheInsiderStories) — Indonesia’ May inflation recorded at 0.68 percent, the highest point of the year. Fasting month of Ramadan and surging price of...

Global Oil Prices Rises on OPEC Supply Cuts

JAKARTA (TheInsiderStories) - Oil prices dipped on Wednesday (04/03) after rallying for three straight days. The rising United States (US) crude stockpiles offset support...

Indonesia Limits Rubber Export, Increases Domestic Use

JAKARTA (TheInsiderStories) – Indonesian government seeks the best solution amid the downward trend in natural rubber prices. With the two member countries of the International...

Indonesia’s CPO Production Estimating Growth 5% in 2019

JAKARTA (TheInsiderStories) – The Indonesian Palm Oil Association predicted that the production of crude palm oil (CPO) in 2019 will grow 5 percent.  In...