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Singapore Enters Recession, the Economic Growth Fell to 13.2%

JAKARTA (TheInsiderStories) - Singapore' economic growth fell to 13.2 percent in the second quarter (2Q) of 2020 due to the circuit breaker measures that were implemented from April...

Singapore Downgrades Economic Growth Forecast to “-7.0%”

JAKARTA (TheInsiderStories) - Singapore' government downgraded the 2020 economic growth forecast from contraction 0.4 percent to (7.0 percent) caused the COVID-19 outbreak, said the ministry...

Singapore Downgrades Economic Growth Over Coronavirus

JAKARTA (TheInsiderStories)- Singapore' trade and industry ministry (MTI) has downgraded the GDP growth forecast from -0.5 to 1.5 per cent in this year, with...

Morning Briefing: Annual Inflation Announces Today

JAKARTA (TheInsiderStories) - Happy New Year! This noon, Statistic Indonesia will announce the annual inflation of the country. Last year, the largest economy in Southeast...

Indonesia, Singapore Agrees to Completes Bilateral Trade Soon

JAKARTA (TheInsiderStories) - Indonesia and Singapore agreed to speeding up the finalization of bilateral trade, said the two ministers on Thursday (10/31). As known the two countries...

WEF: Indonesian Competitiveness Index Dropps to 50

JAKARTA (TheInsiderStories) - World Economic Forum (WEF) announced Indonesian competitiveness index dropped to 50 compared to other countries in the world from previously in the rank...

Indonesia, Singapore Agrees to Completes Investment Treaty Ratification

JAKARTA (TheInsiderStories) - A number of agreements were reached during the Annual Leaders Meeting between Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien...

Morning Briefing: Widodo Visit Singapore for Leaders Retreat

JAKARTA (TheInsiderStories) - Good Morning! Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong will meet today as part of a leaders retreat to review...

Singapore’ Koh Brothers Build Precast Factory in Batam

JAKARTA (TheInsiderStories) - Singapore-based company Koh Brothers Group Ltd., prepares funds US$100 million to will build a precast concrete factory in Batam Island, Kontan...

Indonesia, Singapore Discusses Preparation of Leader’s Retreat

JAKARTA (TheInsiderStories) - Indonesia and Singapore to conclude their bilateral cooperation in the Leaders Retreat by the end of this year, said foreign minister after...

Singapore Topples United States as World’s Most Competitive Economy

JAKARTA (TheInsiderStories) – International Institute for Management Development (IMD) places Singapore as the most competitive economy in the world for the first time since...

Indonesia, Singapore Sign Bilateral Swap Agreement US$10B

Nusa Dua (TheInsiderStories) - Bank Indonesia and Monetary Authority of Singapore (MAS) have signed bilateral swap and repo agreements worth of US$10 billion on Thursday...

Indonesia Invites More Investment from Singapore in Kendal Industrial Park

JAKARTA (TheInsiderStories) - Indonesia's Minister of Industry Airlangga Hartarto invited Singapore investors to invest more in the Kendal Industrial Park (KIP) in Central Java. This was conveyed...

Indonesia Sends Diplomatic Notes After Housemaid Sold Online In Singapore 

JAKARTA (TheInsiderStories) - Indonesia has send a diplomatic notes to Singapore  Foreign Minister Vivian Balakrishnan on the issue on online sale of Indonesia maids. "Today, our embassy has...

Singapore’s Caroussel Raises US$85 M, Seeks Expansion in Indonesia

JAKARTA (TheInsiderStories) - Singapore-based e-commerce company Carousell has announced the closing of an US$85-million Series C funding round led by Rakuten Ventures and EDBI. Carousell...