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Hyundai, LG Chemical to Set Up EV Factory in Indonesia

JAKARTA (TheInsiderStories) - Two major firms, Hyundai Motor Group and LG Chemical are working to set up an electric vehicle (EV) battery plant in Indonesia, South...

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...

Soon, Indonesia and South Korea to Signs FTA Deal

JAKARTA (TheInsiderStories) - Indonesia and South Korea agreed to signs the much-awaited comprehensive economic partnership agreement (IK-CEPA) soon to minimize the economic fallout from the new COVID-19...

Indonesia Bans Travelers from Iran, Italy, and South Korea

JAKARTA (TheInsiderStories) - Indonesia to ban travelers from Iran, Italy, and South Korea after World Health of Organization (WHO) reported there are a significant...

South Korea Announces US$9.8B Supplementary Budget to Combat COVID-19

JAKARTA (TheInsiderStories)- In response to the rapidly escalating COVID-19 crisis, the South Korean government has proposed a US$9.8 billion (11.7 trillion Won) supplementary budget with...

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: BI Starts the Two-Days Meeting, Announces Tomorrow

JAKARTA (TheInsiderStories) - Good Morning! Board of governors of Bank Indonesia (BI) start their monthly meeting today to make a decision of the monetary stance. Last...

China, Japan, ROK Agrees to Settle Peace in Korean Peninsula

JAKARTA (TheInsiderStories) - Premier Li Keqiang, President Moon Jae-in and Prime Minister Shinzo Abe agreed to settle a close communication and cooperation for the denuclearization of...

Morning Briefing: Trilateral Cooperation Vision Announces

JAKARTA (TheInsiderStories) - Good Morning! China, Japan and South Korea released the Trilateral Cooperation Vision for the Next Decade and the Trilateral + X Cooperation Early...

Xi to Meet South Korea, Japan’s Leaders as Tension Rise in...

JAKARTA (TheInsiderStories) - Today, President of China, Xi Jinping are expected to meet South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe as rise tension...

Morning Briefing: Indonesia Pursues the Settlement of Trade Agreements

JAKARTA (TheInsiderStories) - Good Morning! Indonesia and South Korea signed Joint Declaration on Settlement of Indonesia - Korea Comprehensive Economic Partnership Agreement (CEPA) on Monday (11/25) in...

Weekly Briefing: Indonesia – South Korea Signs CEPA, Bloomberg Run for...

JAKARTA (TheInsiderStories) - Good Morning! Indonesian President Joko Widodo and South Korean President Moon Jae-in will meet today to discuss various bilateral issues. Both leaders...

Indonesia Invites South Korean Companies to Invest More

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo will meet various South Korean companies has invested in Indonesia by the end of this weekend, said one...

South Korea’s GDP growth in Q3 2019 moderates to 0.4% q/q

JAKARTA (TheInsiderStories) - South Korea’ GDP growth rate moderated to a pace of 0.4 percent in third quarter (Q3) of 2019, according to the Advance Estimate...

Indonesia Signs Bilateral Trade with South Korea, UK

JAKARTA (TheInsiderStories) - Indonesia and South Korea have signed a preliminary agreement on the Comprehensive Economic Partnership Agreement (CEPA) at Trade Expo Indonesia, Tangerang, today (10/16). While,...

South Korea KIND Explores Potential Investment in Indonesia

JAKARTA (TheInsiderStories) - The Indonesian Investment Coordinating Board (ICB) signed an agreement with Korea Overseas Infrastructure & Urban Development Corporation (KIND) to explore the...

Morning Briefing: BoJ Kept Monetary Stimulus, Hints Possible Action in October

JAKARTA (TheInsiderStories) - Good Morning! Bank of Japan (BoJ) left its monetary stimulus unchanged minus 0.1 percent but hinted at possible action at its next...

Morning Briefing: Japan Officially Removes South Korea from “White List”

JAKARTA (TheInsiderStories) - Japan officially removed South Korea on August 27 from its "white list" of trade partners, What started as a trade dispute is...

Morning Briefing: US Deficit US$1T in 2020, Indian Rupee Fell to...

JAKARTA (TheInsiderStories) - Good morning! United States deficit is estimating worth of US$1 trillion in 2020, as President Donald Trump cut the tax an spending...

Morning Briefing: Investor Attention on BI, Fed’s Split Over the US...

JAKARTA (TheInsiderStories) - Good morning! This afternoon, board of governors Bank Indonesia (BI) will announce their monetary policy stance. Last July the central bank has...

Morning Briefing: US to Relieve Huawei Sanctions for Another 90 Days

JAKARTA (TheInsiderStories) - Washington relieved China’ Huawei Technologies Co., sanctions for another 90 days that had protected rural networks and other United States (US) customers from...

Japan, South Korea’s Investors Plans to Build Electronic Factory in Indonesia

JAKARTA (TheInsiderStories) - Investor from Japan and South Korea aimed to build electronic factory in Indonesia, government official told TheInsiderStories early this week. Currently, the ...

Morning Briefing: President Widodo Make a Visit to Malaysia, Singapore

JAKARTA (TheInsiderStories) - Starting today, Indonesian President Joko Widodo will make a visit to Malaysia and Singapore. The leaders is estimating will discuss various issues around...

Insight: “South Korea: The Canary in a Coal Mine?”

JAKARTA (TheInsiderStories) - The South Korean economy has been hit by a perfect storm of economic headwinds during 2019, including the United States (US) - China...

Indonesia, South Korea Renegotiating Fighter Jet Purchase

JAKARTA (TheInsiderStories) - The government proposed to barter Indonesia Fighter Xperiment (KFX/IFX) purchases with the country' CN-235 aircraft produced by the local aircraft manufacturer PT Dirgantara...

Insight: Will Japan, South Korea Tensions Trigger a New Trade War?

JAKARTA (TheInsiderStories) - The escalating trade tensions between Japan and South Korea have added downside risks for the APAC trade outlook, even as the US-China trade...

Impacts of Japan’s Export Curb against South Korea

JAKARTA (TheInsiderStories) - Japan’s government announced on Monday (07/1) that it will restrict the export of fluorinated polyimide, resist and hydrogen fluoride, which is...

Indonesia’s Pertamina, Korean Eximbank Signs US$1.5B Agreement

JAKARTA (TheInsiderStories) - Indonesian state-owned oil and gas corporation, PT Pertamina signed an US$1.5 billion framework agreement with the Export-Import Bank of South Korea, an...

Chinese President Xi Meet Kim in Pyongyang This Week

JAKARTA (TheInsiderStories)–Chinese President Xi Jinping will meet North Korean President Kim Jong Un to support the Korean Peninsula dispute. He vowed to help make a progress...

Indonesia, South Korea to Revives CEPA, Eyes US$30B Trade

JAKARTA (TheInsiderStories) — Indonesia and South Korea are going to revive its Comprehensive Economic Partnership Agreement (CEPA), after four years stopping. Both countries target...