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Morning Briefing: BI Talks with US’s Fed on the Currency Swap

JAKARTA (TheInsiderStories) - Good Morning! Indonesia' central bank (BI) in talks with the United States (US) Federal Reserve on the potential currency swaps. Currently, the Bank has a...

Morning Briefing: March’s Inflation Announces Today

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia announces the latest inflation rate in March. Last month the inflation stood 0.28 percent compared to...

Morning Briefing: G20 Moves, Trump’s Relief Bill Awaits Parliamentary Approval

JAKARTA (TheInsiderStories) - Good Morning! In the virtual meeting of Group of 20 (G20) on Thursday, the leaders agreed to mobilize funds US$4 billion from...

Morning Briefing: Leaders of G20 Meet, US’s Stimulus Package Approves

JAKARTA (TheInsiderStories) - Good Morning! Leaders of Group 20 (G20) scheduled to have a virtual meeting tonight addressing the spread of COVID-19 in the world....

Morning Briefing: Indonesia Shortens Trading Hours

JAKARTA (TheInsiderStories) - Good Morning! The Financial Services Authority (FSA) shortened the money and stock transaction hours to support the government' steps to prevent the spread...

Morning Briefing: Pressures in the Global Economy Still High

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) Wall Street ended in the red zone on Monday, burdened with the lack of progress regarding...

More Stimulus to Drives Indonesia’s Economy

JAKARTA (TheInsiderStories) - President Joko Widodo has signed a presidential decree number 4 of 2020 concerning Refocusing Activities, Budget Reallocation and Procurement of Goods and Services...

ECB Announces US$781B Pandemic Emergency Purchase Program

JAKARTA (TheInsiderStories) - The governing council of European Central Bank (ECB) launched EUR750 billion (US$781.25 billion) pandemic emergency purchase program (PEPP), said the central bank yesterday...

Morning Briefing: BI Rate Announces Today

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia (BI) will announced its monetary policy today and its expecting to cut its benchmark rate to help...

Morning Briefing: Indonesia Closes to Foreigners for One Month

JAKARTA (TheInsiderStories) - Good Morning! Indonesia closed its doors to foreign arrivals for one month, especially the visitors from Iran, China, South Korea, Italy, Vatican, Spanish, France, German,...

Morning Briefing: Trump Sees COVID-19 Outbreak Will End in August

JAKARTA (TheInsiderStories) - Good Morning! Strong selling into the close left Wall Street with another day of historic losses since crash in 1929. United States (US)...

BoJ’s Bold Movement May Not Enough to Drive Economic Activities

JAKARTA (TheInsiderStories) - At today’ meeting, held earlier than previously scheduled, the Bank of Japan (BoJ) announced additional measures to mitigate the economic impact of...

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...

UK Launchs Stimulus US$38B, Support IMF’s Catastrophe Relief Fund

JAKARTA (TheInsiderStories) - The United Kingdom (UK) launched a stimulus package worth of GBP30 billion (US$38.46 billion) to ward off the economic impact of the coronavirus...

Morning Briefing: WHO Labels Coronavirus as Pandemic

JAKARTA (TheInsiderStories) - Good Morning! World Health Organization labelled coronavirus as pandemic after spread over than 100 countries. So far, 118,000 cases reported globally in 114...

Trump Seeks “Big” Stimulus to Fight Coronavirus Effects

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump announced a new economic stimulus and said he would take "major steps" to ease economic...

Morning Briefing: Indonesia Prepares Policies to Tackle COVID-19 Impact

JAKARTA (TheInsiderStories) - Good Morning! Finance minister Sri Mulyani Indrawati claimed Indonesian government is preparing stimulus similar to the 2008 global financial crisis, including...

Global Market Unstable, Need More Stimulus

JAKARTA (TheInsiderStories) - Asian market try to stabilize after major global stock market plunged on Monday as speculation of coordinated stimulus from global central banks...

Indonesia Finalizes More Stimulus to Protect the Economy from COVID-19

JAKARTA (TheInsiderStories) - Indonesian government finalizes a second stimulus package to combat the spread of COVID-19 to the economy, said senior minister today (03/04). The measure follows the unveiling...

Indonesia’s Authority Prepares Stimulus to Support the Economy

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) prepares a stimulus to maintain national economic growth as a countercyclical policy in anticipation of down-side risk from...

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...

PBoC Inflates More Stimulus for the Financial Market

JAKARTA (TheInsiderStories) - The People's Bank of China (PBoC) announced to cut the reserve requirement ratio (RRR) for financial institutions or the level of cash that...

People’s Bank of China Cuts Rate to the Lowest Level Since...

JAKARTA (TheInsiderStories) - The People's Bank of China (PBoC) cut the 7-days reverse repo rate by 25 basis points to 2.5 percent for the...

China’s GDP Growth Decelerated to 6.6% in 2018

JAKARTA (TheInsiderStories) - China' GDP grew 6.6 percent in 2018, down 0.2 percentage point from 2017, in line with the IHS Markit forecast, said the research...