Tag: state budget
Weekly Briefing: Various Things to Know in This Week
JAKARTA (TheInsiderStories) - Good Morning! The week commences with a focus on the People’s Bank of China’ policy rate meeting, with clues sought as to when...
Indonesian Government Debt Time Bomb
JAKARTA (TheInsiderStories) - After admitting Indonesian economy is entering a recession, the next challenge to be faces by the government is the risk of debt. Head...
Indonesian Govt Cuts 2021’s Dividend Targets, Inject Eight SOEs
JAKARTA (TheInsiderStories) - The Indonesian government has lowered the dividend targets of State-Owned Enterprises (SOEs) from Rp65 trillion (US$4.48 billion) to Rp26.13 trillion in 2021...
Morning Briefing: Waiting for Indonesia’s Trade Balance Data
JAKARTA (TheInsiderStories) - Good Morning! Today, the Statistic Indonesia has schedule to releases the trade balance position in June. Last May, the country posted a...
Indonesia Get Loans US$1B from AIIB to Battle the Virus
JAKARTA (TheInsiderStories) - Indonesia get loan facilities US$1 billion from the Asian Infrastructure Investment Bank (AIIB) to support the government’ virus battle, said the agency on...
Morning Briefing: COVID-19 Cases Soaring
JAKARTA (TheInsiderStories) - Good Morning! The World Health Organization reported, COVID-19 cases are soaring in several major countries, with "worrying increases" in Latin America, especially Brazil....
Morning Brieifing: After Oil Prices Battle, Now Trade War
JAKARTA (TheInsiderStories) - The cold war between the United States (US) and China continues to heat up. On Tuesday, President Donald Trump urged China to be...
Indrawati Regulates Loan Scheme to Handle Failure Banks
JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, regulated the new loan schemes for Indonesia Deposit Insurance (IDI) to handle the failure bank during the crisis....
Breaking News: Indonesia Gives New Stimulus US$10B
(JAKARTA (TheInsiderStories) - Indonesian government prepares second stimulus Rp147.90 trillion (US$10.20 billion) for the industry to help the domestic economy from COVID-19 effect, said senior...
Indonesia Rolls Out Stimulus US$735M to Blow the Coronavirus Effects
JAKARTA (TheInsiderStories) - Indonesia rolled out a Rp10.3 trillion (US$735.71 million) stimulus package in an effort to cushion the blow of the coronavirus outbreak on...
Morning Briefing: Brexit Deal Approved by the European Parliament
JAKARTA (TheInsiderStories) - Good Morning! The European Parliament gave its final approval the United Kingdom (UK) Brexit deal to take place on Friday. The withdrawal agreement...
Indonesia Absorbs US$1.42B from Government Bond Auction
JAKARTA (TheInsiderStories) - Indonesian finance ministry absorbed funds of Rp20 trillion (US$1.42 billion) of the auction of seven series of government bonds from a...
Morning Briefing: US’s House Impeaches Trump, New Mining Law Discussed
JAKARTA (TheInsiderStories) - Good Morning! United States (US) House Speaker from Democrat Party Nancy Pelosi announced a formal impeachment inquiry into President Donald Trump. This plan...
Indonesian Govt Inject Capital US$464M to PLN
JAKARTA (TheInsiderStories) - Indonesian government injected fresh capital Rp6.5 trillion (US$464.2 million) to state-owned power producers, PT Perusahaan Listrik Negara (PLN), said the government...
Morning Briefing: Indonesia Expects Tax Revenue Grow 12% in 2020
JAKARTA (TheInsiderStories) - Indonesian Ministry of Finance hope the tax revenues could grow around 12 percent in 2020. This projection takes into account a number of factors that...
Indonesia Raises US$1.62B from Samurai Bond Issuances
JAKARTA (TheInsiderStories) - Indonesian government has raised ¥177 billion (US$1.62 billion) funds from six series of Samurai bond sales, finance ministry reported today (05/16). This make...
Unites States Deficit Widened to US$234B in February
JAKARTA (TheInsiderStories) – United States (US) experienced the biggest monthly budget deficit to US$234 billion, amid a 20 percent decline in corporate tax revenues and...
Indonesia Targets US$714.28 M from Retail SUKUK
JAKARTA (TheInsiderStories) - Indonesian government officially launched Retail SUKUK series SR-011 and hoped to raise fund of US$ 714.28 million (Rp 10 trillion) from...
Indonesia’s MoF Assesses Financial Liquidity Collaboration
JAKARTA (TheInsiderStories) – The government through Ministry of Finance (MoF) conducting a study of policies that enable the Public Service Agency to collaborate in the...
Morning Briefing: May to Meet Juncker Today
JAKARTA (TheInsiderStories) – Good morning! British Prime Minister Theresa May to meet European Commission (EC) leader Jean-claude Juncker today to take the latest stated of...
Insight: Indonesia’s Budget Policy Unsupported Risk of Disasters
JAKARTA (TheInsiderStories) – Grief due to natural disasters has struck Indonesian over the past year. Earthquakes have claimed the lives of thousands of citizens...
Indonesia Considers to Remove Luxury Homes Taxes to Drive Property Business
JAKARTA (TheInsiderStories) - Indonesian government considers to remove the tax on the purchase of luxury homes to encourage the growth of the property business. Currently, the...
14 Indonesia’s Railway Projects Finances with Government SUKUK
JAKARTA (TheInsiderStories) - 14 railway projects in Java, Sumatra and Sulawesi has financed with the State Sharia Securities (SUKUK) with worth of Rp7.1 trillion (US$489.66 million),...
Weekly Briefing: Return to Normalcy hoped as Presidential Candidates Declared
JAKARTA (TheInsiderStories) - Good morning. The declaration of two Presidential candidates and their pairs last week is expected to clear a lot uncertainties for market participants.
The...
State Budget Review: Indonesia Proposes the Revision This Month
JAKARTA (TheInsiderStories) - Ministry of Finance (MoF) of Republic Indonesia will propose the revision of the 2018's State budget to the parliament by the end...
Indonesia Will Impose Liquid Tobacco Tax 57% Starting July
JAKARTA (TheInsiderStories) - Indonesia will impose a 57 percent excise tax on liquid tobacco starting July, 1, instead of banning an electronic cigarette, a...
Indonesia Raises ¥100 billion from Samurai Bond Issuances
JAKARTA (TheInsiderStories)-- The Ministry Finance (MoF) of Indonesia has issued Samurai Bonds of ¥100 billion (US$912 million) on Thursday (24/5), equal to the issuance of last...
Govt Aims 5.8% GDP Growth in 2019
JAKARTA (TheInsiderStories) - Minister of Finance Sri Mulyani Indrawati said on Friday (18/5) the government had set the target of economic growth in 2019 in...
Indonesia Offers Saving Bonds to Attract Retail Investors
JAKARTA (TheInsiderStories) -Indonesian Finance Ministry officially issued the Indonesia Retail Savings Bond (SBR) 003 on Monday (14/05), which is aimed to increase the number...
Indonesia Seeks Alternatives to Sell Bonds Amid Volatile Market
JAKARTA (TheInsiderStories) - Indonesian Ministry of Finance will seek alternate funding channels in responding the rising of country's bond yields due to current global situation.
On...
