Category: News Group

East Asia’s remarkably successful development model – a combination of outward-oriented growth, human capital development, and sound economic governance – needs to be adjusted to effectively address emerging external and...

Moody‘s Investors Service says that its Asian Liquidity Stress Indicator (LSI) has reached its second weakest level on record, registering 34.9% in November 2018 from 33.3% in October 2018. The Asian LSI measures the percentage...

Indonesian government launched Geoportal One Map Policy with the goal of providing an accurate and accountable map on infrastructure in the country. The One Map Policy Accelerate Program was regulated since 2016 through the...

The Japanese economy shrank 0.6% on quarter in the third quarter of 2018, faster than a preliminary estimate of a 0.3% drop and market expectations of a 0.5% decline. It is the steepest contraction since the second quarter of...

The Indonesian Life Insurance Association noted that total revenue from life insurance in the third quarter (Q3) of 2018 slowed 15.5% to Rp149.87 trillion compared to the same period in 2017. The slowdown in revenue growth...

The ongoing trade war between the United States (US) and China has impacted Taiwanese Pegatron Corp., to moving one of it’s unit factories to Indonesia. Ist subsidiary, Chinese’ iPhone and smart-phones assembler plans to open a...

Coordinating Minister for Economic Darmin Nasution on Saturday (Dec 8) inaugurated Galang Batang Special Economic Zone (SEZ) in Bintan, Riau Islands Province. The Development and investment for SEZ values Rp5.6 trillion so far....

Central bank (Bank Indonesia/BI) said its consumer survey indicated increasing optimism in November compared with the previous month, supported by an improvement in consumer perception of the recent economic condition and future...

The rupiah weakened further 0.87% to Rp14,507 on Thursday (Dec 6) inline with other currencies. There is also risk triggered by the lack of clarity in the US-China trade truce and increasing concerns over a global recession....

Crude oil decreased 0.83% to US$51.14 per barrel on Friday (December 7) Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946. Yesterday, the Organisation of...

Solid, though decelerating, global economic growth will continue to support banks’ creditworthiness in 2019, says Moody’s Investors Service in a report published on Thursday (Dec 6). Geopolitical and domestic risks, however,...

The Ministry of Energy and Minerals Resources (ESDM) has set coal price reference at US$92.51 per ton for December 2018, lower from US$97.90 per ton for November 2018, partly due to weak demand from China. Coal prices continued...