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Global Economy to Edge Up to 3.1 percent in 2018 but...

Current Slack in Global Economy Expected to Fade WASHINGTON — The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after...

Morning Briefs – Dec 29

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Sawit Sumbermas Net profit soars PT Sawit Sumbermas Sarana Tbk...

Economic Outlook: Multilateral Agencies Urge Growth in 2018

JAKARTA (TheInsiderStories) - As 2017 winds down, we can study how prospective investors took notice of numerous positive economic signals, which together may have...

World Bank Revises Up China Economic Growth to 6.8% in 2017

JAKARTA (TheInsiderStories—The World Bank has revised up its projection for China’s economic growth in 2017, driven by rising household incomes and improving external demand. Now...

World Bank Sees Indonesia GDP to Accelerate by 5.3% in 2018

JAKARTA (TheInsiderStories) - Indonesia economy continued to expand at a solid pace during the third quarter of 2017 helped by commodity tailwinds and stronger...

Indonesia Secures $300M from World Bank for Strengthening Fiscal Reforms

JAKARTA (TheInsiderStories) - The World Bank’s Board of Executive Directors has approved a $300 million loan that will help improve the quality of government’s...

Commodity Price Hike Boosts Confidence in Q4 Growth

JAKARTA (TheInsiderStories) - Prospective Indonesian economic growth in the fourth quarter is looking up, thanks to rising prices of commodities and improvement in the global economy, according to...

Kalla: Investment & Exports Drive Economic Growth

JAKARTA(TheInsiderStories) - Indonesian Vice President Jusuf Kalla stated that increased domestic and foreign investment, along with exports, is an important factor in boosting economic...

Daily Business Briefs — Nov 8

JAKARTA (TheInsiderStories) – Good Morning. We provide several important news items that might help your business decisions today, as follows: Bank Mandiri disburses Rp1.4 Trillion...

Indonesia EODB Jumps But Still Behind Malaysia

JAKARTA (TheInsiderStories) - Indonesia has made significant progress in its business climate as measured by the ‘Ease of Doing Business’ (EODB) global ranking for...

World Bank: Commodity Prices Likely to Rise Further in 2018

Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl WASHINGTON - Oil prices are forecast to rise to $56 a...

WB: Billion-Dollar Projects Fuel Spike in Private Sector Infrastructure Investment

Investors Eyeing East Asia and Renewable Energy Singapore: Multi-billion dollar projects are fueling stronger private sector investment in infrastructure projects in developing countries, which increased by...

IMF: 35 Members Pledge US$340 Billion to Reserves

JAKARTA (TheInsiderStories) - Twenty-five members of the International Monetary Fund (IMF) have reportedly committed a total of SDR243 billion (US$340 billion) in bilateral borrowed resources, at...

IMF-World Economic Outlook: The Economy is Accelerating

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) has stated the global economy recovery is continuing at a faster pace, despite remaining challenges – particularly those...

Managing Migration Could Help Boost Welfare and Growth in ASEAN: WB

Migration policies and institutions should better match countries’ evolving economic needs JAKARTA (TheInsiderStories) - Easing restrictions on labor migration can boost workers’ welfare and deepen regional economic...

Better Global Prospects Yield Favorable Outlook for Developing East Asia Pacific

Projected growth of 6.4 percent provides more space to address longer-term challenges Bangkok - Improved global growth prospects and continued strong domestic demand underpin a positive...

WB: Indonesian Economy Remains Robust, Faster Growth Needs Continued Reforms

Indonesia’s real GDP expanded by 5.0 percent year on year in Q2 2017, unchanged from Q1. Growth rates have been steady at around...