Insight: Indonesian May Day Loads of Political Interest

JAKARTA (TheInsiderStories) - This year' Indonesian Workers Day commemoration is interesting because it coincides with the General Election. Even more special, this May 1 is right at the time of the presidential election results. With the many findings of vote counting errors in the General...

Morning Briefing: US – China Seated One Table

JAKARTA (TheInsiderStories) - Good Morning! United States (US) treasury secretary Steven Mnuchin and trade representative Robert Lighthizer seated one table again with Chinese vice premier Liu He on Thursday (10/10). They met to avoid an escalation of tit-for-tat tariffs that have roiled financial markets and...

Morning Briefing: Trump Confuses Market, Ready to Testify on Impeachment

Insight: Seeing Global Economic Recovery after US-China Deals
JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump again sent a confusing signal on the progress of trade deal with China. While Beijing looking carefully at the political situation in the US including the impeachment hearings and the presidential election before finalizing...

Morning Briefing: President Widodo Visits Natuna Island

JAKARTA (TheInsiderStories) - President of Indonesia Joko Widodo has scheduled to visit Natuna Island today. As known, the country has dispute with China on the areas and deployed fighter jets to the island. Since last week, tensions between Jakarta and Beijing have risen since after dozens...

Insight: Is Last Stage Determines the Winner?

JAKARTA (TheInsiderStories) - Entering the final phase of voting, the two candidates Joko Widodo-Maruf Amin and Prabowo Subianto-Sandiaga Salahuddin Uno will fight on the final debate stage, Saturday, April 13, four days to vote. Economic issues and social welfare, finance and investment, trade and...

Insight: Potential in Indonesian Elections Chaos is Imminent

JAKARTA (TheInsiderStories) – Exactly one week the legislative general election and the Indonesian president and vice president ended. There are 190 million voters who have chosen their best candidates, both to lead this country and to represent them in Parliament, for the periods 2019-2024. Even...

Morning Briefing: Brexit Deal Unclear

JAKARTA (TheInsiderStories) – Good morning! United Kingdom’ (UK) House of Commons rejected Prime Minister Theresa May' program to exit European Union (EU) in a no-deal or not. Parliament voted 312 to 308 to rejected the Brexit plan without a withdrawal agreement. By this, House of...

Fitch: Coronavirus’ Severity Will Frame Effect on Corps, Sovereigns

JAKARTA (TheInsiderStories) - The scale of the current Wuhan coronavirus outbreak would have to increase substantially to have a significant impact on credit ratings, says Fitch Ratings. However, under such a scenario, we would expect global corporates exposed to travel and tourism to be most at...

Morning Briefing: Leaders Gathered in Davos, Trump become the Major Attention

JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump is due to deliver a speech at the World Economic Forum in Davos, Switzerland, on Tuesday. Starting today, global leaders will gathered at the forum with major agenda on sustainable development and youth issues. During the...

Weekly Briefing: Investor Waiting for Fed Decision

JAKARTA (TheInsiderStories) - Good Morning! Federal Reserves (Fed) watchers will be eager for further insights into the United States (US) central bank’ thinking after minutes to July meeting. The Federal Open Market Committee (FOMC) showed the policymakers were split on the monetary stance.  In Asia the...

Morning Briefing: Thousands Protester Hit Indian Street

JAKARTA (TheInsiderStories) - Good Morning! Indians are defying bans on assembly in cities nationwide as anger swells against a citizenship law seen as discriminatory against Muslims, following days of protests and clashes that have left nine dead and hundreds of demonstrators were detained on...

Morning Briefing: BI Moves Helped by the Weakening US Dollar Bring Rupiah to Positive Zones

JAKARTA (TheInsiderStories) - Good morning. Bank Indonesia (BI) moved to hold the key interest rate and to launch domestic non-deliverable forward (DNDF) transactions on Nov. 1, plus the weakening of US dollar against major currencies after six sessions of winning streaks, bring market to the green territory. Yesterday...

Morning Briefing: Indonesia’s Trade Balance Out Today

JAKARTA (TheInsiderStories) - Good Morning! Today, Statistic Indonesia will announce the latest trade balance data in September. In August, Indonesia posted a trade surplus of US$85.1 million, swinging from a $940 million gaps in the same month a year earlier, as exports fell 9.99 percent...

Insight: Indonesia’s Economy Looks in Widodo’s Second Term

JAKARTA (TheInsiderStories) - Joko Widodo has just been re-elected for the second term as Indonesia's president, according to the election commission official announced, beating Prabowo Subianto, his challenger. It gives Widodo another five years to build on his solid performance: the economy is set...

Morning Briefing: Johnson Hard Work to Reaches Brexit Deal

JAKARTA (TheInsiderStories) - Good Morning! British' Prime Minister Boris Johnson try again to get approval for a Dec. 12 general election today to smooth his Brexit plan. He is now expected to back a Liberal Democrat plan to change the law in order to secure an early election. While, European...

Morning Briefing: Subianto, Soekarnoputri Meet Today

JAKARTA (TheInsiderStories) – Good morning! Gerindra Party chairperson Prabowo Subianto are planned to meet Demokrasi Indonesia Perjuangan Party (PDi-P) chairwoman Megawati Soekarnoputri today, after his first meeting with Indonesian President Joko Widodo on July 15. The meeting became important as part of the reconciliation efforts between...

Weekly Briefing: Global, Domestic Policies Dominating Markets this Week

JAKARTA (TheInsiderStories) - Good Morning! This week, United States (US) - China trade developments still dominating markets. In addition, investors will see the release of important indicators of how both economies have been faring. UN economists say the US - China trade war is a situation that...

Weekly Briefing: Limited Movement Ahead of Christmas

JAKARTA (TheInsiderStories) - Good Morning! The calendar in the forthcoming Christmas week is unsurprisingly light. Today, President Joko Widodo will launches the implementation of fuel with a bio-content of 30 percent also known B30 in Indonesia. The implementation of B30 will effective from Jan. 1, 2020 in Medan,...

Morning Briefing: British Parliament Approves No-Deal Brexit

JAKARTA (TheInsiderStories) - British Parliament will approve law to stop no-deal Brexit on April 11 after passed the Cooper-Letwin bill on Monday evening (04/08) to ensure that the country does not crash out of the European Union with no deal on Friday. Furthermore, Prime Minister Theresa May...

Morning Briefing: US’s FOMC Divided on the Further FFR Hikes in 2019

JAKARTA (TheInsiderStories) – Good morning! United States' Federal Open Market Committee (FOMC) minutes meeting showed the member divided wether to raise Federal Reserves fund rate (FFR) this year. Yesterday, the Board decided to maintained the FFR 2.25 to 2.50 percent. Information received since the FOMC...

Weekly Briefing: More Tense on US-China Trade War amid Huawei Top Official Arrest

JAKARTA (TheInsiderStories) — Good morning! The ongoing tariff trade war between the United States (US) and China may be in a ceasefire now but the tension continues. Canadian Huawei Technologies Co. Ltd. CFO, Meng Wanzhou, was arrested last Dec. 1st. She was apprehended in Vancouver,...

Morning Briefing: Indonesian President Hold Political Communication with the Opposition

JAKARTA (TheInsiderStories) — Good morning! With his confidence to lead Indonesia for the second term, President Joko Widodo hold political communication with opposition parties. After met Amanat Party chairman Zulkifli Hasan, yesterday he met one of Demokrat Party leader Agus Harimurti Yudhoyono (AHY) at Merdeka...

Morning Briefing: Brexit Inches to Closer

JAKARTA (TheInsiderStories) - Good Morning! The European Union' (EU) chief negotiator Michael Barnier is scheduled to meet the 27 envoys in Brussels, Belgium to brief them on the Brexit' latest proposals. On Tuesday evening, British and EU officials edged closer to a last-minute exit deal, said the...

Morning Briefing: BI Announces BI-7DRR, The Fed Lowered FFR

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) will announces the position of BI-7 Days Reverse Repo in this month and the third quarter assessment. Last month, the central bank make a fourth straight cut during this year, after decided cut the BI-7DRR by 25 bps to 5 percent,...

Weekly Briefing: Key Focus on Phase One Trade Deal

JAKARTA (TheInsiderStories) - Good Morning! A key focus for this week will be the expected signing of the phase one United States (US) - China trade deal. China' vice premier Liu He will visit Washington DC starting today to Jan. 15. The two countries have exchanged blows...

Morning Briefing: Indonesia May Gain Benefit over the US Recession

JAKARTA (TheInsiderStories) — Good morning! United States bond market’ yield curve showed ominous sign of a recession. Yesterday, US 10-year bond yield fell deeply which signaled there is economy recession risk. Senior Deputy Governor of Bank Indonesia (BI) Mirza Adityaswara sees that Indonesia may gain benefit...

Morning Briefing: Indonesian Labor Rally Today

JAKARTA (TheInsiderStories) - Good Morning! Ahead of the announcement of the provincial minimum wage by the governors on Nov. 1, the labors will hell two-days rally starting today to reject the 2020 minimum wage. The government has decided only rise the minimum wage 8.51 percent below...

Morning Briefing: Policy and Politic Issues Dominating This Week

JAKARTA (TheInsiderStories) - Good Morning! This week will see policy and politics dominating the agenda, following a week in which the business surveys provided key updates on the health of the global economy mid-way through the fourth quarter. With signs that the recent easing of monetary policy...

Morning Briefing: Indonesia Releases Trade Data,

JAKARTA (TheInsiderStories) – Good morning! Statistic Indonesia will released the trade data today (02/15). Last month the country’ post trade deficit US$1.1 billion, lower than the previous month which amounted of $2.05 billion. The biggest deficit was still contributed by non-oil and gas sectors. During...

Morning Briefing: Asian Markets Shaken Amid Uncertain Trade Agreement

JAKARTA (TheInsiderStories) - Asian shares and money markets shakened ahead United States (US) - China trade talks, ahead President Donald Trump' speech, and the domestic political situation in Hong Kong. On Saturday, the American leader said that US - China trade talks were moving along "very nicely" but...