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Indonesia Posts Trade Surplus US$21.74B in 2020

JAKARTA (TheInsiderStories) - Statistic bureau reported Indonesia booked a trade surplus US$21.74 billion in 2020, with total exports recorded $163.31 billion and import values $141.57 billion,...

EU, Britain Signs the Bilateral Agreement Before the Deadline

JAKARTA (TheInsiderStories) - After intensive negotiations, the European Commission has reached an agreement with the United Kingdom (UK) on the terms of its future cooperation with...

EU and UK Officially Divorces After Negotiated for Years

JAKARTA (TheInsiderStories) - After negotiated in four and half years, the European Commission has reached an agreement with the United Kingdom (UK) on the terms of...

Breaking News: Indonesia, South Korea Signs IK-CEPA

JAKARTA (TheInsiderStories) - Trade minister of Indonesia, Agus Suparmanto, and his counterpart from South Korea, Sung Yun-mo, has signed the Indonesia-South Korea Comprehensive Economic Partnership Agreement...

Japan Export Fell 4.2% in November, China and US Improves

JAKARTA (TheInsiderStories) - Export from Japan fell, but China and United States (US) improved in November along with the rising demand from the partnering countries,...

Indonesia’s Trade Surplus Declines to US$2.62B in November

JAKARTA (TheInsiderStories) - Statistics bureau announced that Indonesia posted a trade surplus US$2.62 billion in November 2020 but lowered compared to previous month $3.61 billion due...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Today, the statistics bureau has an agenda to announces export and import data for last month. In November, Indonesia' trade balance is predicted...

IHSMarkit: PMI Indonesia Rises to 50.6 in November

JAKARTA (TheInsiderStories) - IHSMarkit reported the Purchasing Managers' Index (PMI) of Indonesia stood at 50.6 in November, up nearly three points compared to the previous month...

US, Indonesia Signs Infrastructure and Trade Funding US$750M

JAKARTA (TheInsiderStories) - The governments of Indonesia and the United States (US) have inked a memorandum of understanding on infrastructure and trade funding worth of US$750...

IHS Markit: RCEP Boost Asia – Pacific Trade Outlook

JAKARTA (TheInsiderStories) - Asia-Pacific exports suffered a severe slump in the first half of 2020 due to the shockwaves from the global COVID-19 pandemic and widespread...

After 10 Years of Negotiating, RCEP Signed by ASEAN and Partners

JAKARTA (TheInsiderStories) - It was a momentous day as Leaders of Association Southeast Asian Nations (ASEAN), Australia, China, Japan, Republic of Korea and New Zealand witnessed...

President Widodo Pushes ASEAN to Open Travel Bubble in 1Q 2021

JAKARTA (TheInsiderStories) - President Joko Widodo pushed Association Southeast Asian Nation (ASEAN) member countries to open travel bubble in the first quarter of 2021 to rejuvenate...

Southeast Asia’ Digital Economy Soars to US$100B in 2020

JAKARTA (TheInsiderStories) - Southeast Asia' digital economy soaring to US$100 billion in this year, expanded 5 percent from 2019, said the Google - Temasek - Bain...

India, Indonesia Talks on Coal Trading After Slowing in Three Quarters

JAKARTA (TheInsiderStories) - India and Indonesia hold a discussions on coal trade during the fifth Joint Working Group between the countries this week, it said in...

The US Government Officially Extends Indonesia’s GSP Facility

JAKARTA (TheInsiderStories) - The United States Trade Representative (USTR) has officially extend the provision of Generalized System of Preferences (GSP) facilities to Indonesia, said senior minister...

Indonesia Targets to Become the Largest Halal Producer in 2024

JAKARTA (TheInsiderStories) - Vice president, Ma'ruf Amin, believed Indonesia become the world’ largest halal producer by 2024, considering 87 percent of the nation’ population are...

Japan Gives Soft Loan US$474M to Indonesia

JAKARTA (TheInsiderStories) - Japanese Prime Minister, Yoshihide Suga, said will provides a low-interest loans worth of JPY50 billion (US$474.15 million) to support Indonesia to strengthen the disaster...

The Recent Resilience in World Trade has been Encouraging

JAKARTA (TheInsiderStories) - The sharp rebound in global trade volume has been one of the bright spots in an unusually cloudy outlook, said IHS Markit...

Indonesia Posts Trade Surplus US$2.44B in September

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus US$2.44 billion in September, higher than the previous month worth of $2.33 billion, said head of statistic bureau...

Morning Briefing: Various Things to Know on Thursday

JAKARTA (TheInsiderStories) - Good Morning! Today, the Statistics bureau has agenda to announces the progress of Indonesia' exports and imports throughout September. In the previous month,...

Indonesian Export to China Rises 6.4% in Eight Months

JAKARTA (TheInsiderStories) - Total trade between Indonesia and China reached US$48.7 billion during January - August 2020, said ambassador to China and Mongolia, Djauhari Oratmangun, in an...

Japan’s Export Slumps 14.8% in August, Enter the Recession

JAKARTA (TheInsiderStories) - Japan posted a double-digit slump of export in August due to a global slowing demand, dropped for the 21st straight month, the ministry of...

Morning Briefing: Waiting the Fed and BI Meeting

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia and United States (US) Federal Open Meeting Committee has a meeting today and will decided their monetary policies. Some...

Indonesia Posts Trade Surplus US$2.33B in August

JAKARTA (TheInsiderStories) - Statistics bureau reported that Indonesia posted a trade surplus of US$2.3 billion in August. Last The export value was recorded at...

Weekly Briefing: Full of Monetary Policy Meetings

JAKARTA (TheInsiderStories) - Good Morning! This week we will sees monetary policy meetings at the Federal Reserve (Fed), Bank Indonesia, Bank of England, and Bank of...

Morning Briefing: Chinese Export Surges to 9.5% in 2Q

JAKARTA (TheInsiderStories) - Good Morning! Chinese exports surged by 9.5 percent in Augusts from a year ago, a sign that one of superpower’ economy continuing to recovery...

ASEAN Explores the Bilateral Cooperation with Britain

JAKARTA (TheInsiderStories) - The Association of Southeast Asian Nations (ASEAN) ministers explores the potential of mutually beneficial economic and trade cooperation with Britain. Both parties...

Global Supply Chain Shifts Give Implications for ASEAN Economies

JAKARTA (TheInsiderStories) - Moody's Investors Service says that shifting supply chains, as countries reconfigure trade relationships following the coronavirus crisis, will have mixed credit implications for...

Indonesia’s BoP Surplus US$9.2B in 2Q of 2020

JAKARTA (TheInsiderStories) - Bank Indonesia reported the balance of payments (BoP) of the country had a large surplus US$9.2 billion in the second quarter...

Indonesia Posts a Trade Surplus US$3.26B in July

JAKARTA (TheInsiderStories) - Indonesia experienced a trade surplus of US$3.26 billion in July of 2020, said chairman of the statistic bureau today (08/18). The amount higher...