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JAKARTA (TheInsiderStories) -Good Morning! Italy has fallen back into recession after economy shrinks by 0.2 percent. The country damaged intensifying concerns about the 19-country eurozone economy. The third largest economy in the Eurozone crisis could bring negative effect to the European and global economy. Many economists predict the effect would be much worse...

JAKARTA (TheInsiderStories) - "Criticism is the evaluation of the mind against reality, namely breaking down policy inconsistencies. Inconsistency in policy must first begin by examining incoherence in ideas. Therefore the function of criticism is to parse, not build," wrote by well-known political observer Rocky Gerung on his Twitter account. The former...

JAKARTA (TheInsiderStories) – Although the Federal Reserve has signaled that it will hold the key benchmark rate in consonance with market consensus, but the Development Bank of Singapore (DBS) Bank economist predicted that there will be a change of Fed rate this year, told the DBS Asian Insight Conference in Jakarta, on...

JAKARTA (TheInsidersStories) - Moody's Investors Service has assigned Baa2 backed senior unsecured debt ratings to the planned US dollar-denominated SUKUKS (trust certificates) to be issued by the Government of Indonesia (Baa2 stable) through Perusahaan Penerbit SBSN Indonesia (PPSI) III, under its existing $25 billion trust certificate issuance program. The ratings apply...

JAKARTA (TheInsiderStories) – An Indonesian on-demand specialty coffee startup Fore Coffee raised US$8.5 million funding from investors, said the company today (01/31). The fresh fund came from syndication of East Ventures, SMDV, Pavilion Capital, Agaeti Venture Capital, Insignia Ventures Partners, and other investors. As of today, Indonesia is the second largest...

JAKARTA (TheInsiderStories) – Indonesia export 700 tons of steel to Sri Lanka and Australia, said the trade minister today (01/31). This is the first export of downstream steel products from the country. Minister of Trade Enggartiasto Lukita, said PT Gunung Raja Paksi (GRP), a local steel producer located in West Cikarang,...

JAKARTA (TheInsiderStories) - Japan’s Index of Industrial Production (IIP) fell for the second straight month in December 2018, sliding 0.1 percent from November. However, the index increased by 1.9 percent in the fourth quarter of 2018 compared to the previous quarter. While, manufacturers’ shipments rose 0.3 percent month on month (m/m) while...

JAKARTA (TheInsiderStories) - West Java Government will established four special economic zones (SEZs) in this year, said the Governor yesterday (01/30). The SEZs will take place in Sukabumi, Pangandaran, Subang and Majalengka. Governor of West Java Ridwan Kamil said, the investment to build the SEZs need costs around Rp 80 trillion...

JAKARTA (TheInsiderStories) – China' Government expressing the intention to broaden market access to foreign investors by reviews foreign direct investment rule. its reported, President Xi Jin Ping considered to expand areas in which foreign companies can operate independently in China. Based on the report, Chinese Government planned to simplify the procedure for investors...

JAKARTA (TheInsiderStories) – Indonesia’ economy may face some difficulties this year. Inflation, State Budget, and even investment are some of the issues that government must put attention on. Institute for Development of Economics and Finance (INDEF) predicted that inflation will not move on track this year. It predicts that inflation...