Category: News Group

The government has taken a new strategic step to improve the oil and gas trade balance, which continues to be a deficit so far. Taking PT Pertamina‘ investment abroad as primary income in the balance of payments is the only...

Japan posted a trade surplus of JPY 60 billion in April 2019 compared with a JPY 621 billion surplus in the same month a year earlier and market expectations of a JPY 203 billion surplus. Exports declined for a fifth straight...

The Bank of Japan/BoJ should strengthen monetary easing without delay if the economy deteriorates to the extent that achieving the 2 percent price stability target in the long term becomes difficult, the central bank board...

Oil and gas holding PT Pertamina budgeted investment funds worth of US$1.9 billion for the exploration and development of 98 Upstream Oil and Gas projects in 2019. It said the investment constitutes 45% of this year investment...

S&P Global Ratings views Indonesian corporate rating having a good prospect after general elections with a little risk of operation, but not the main catalyst for operations. “Election mostly neutral for corporate credit...

People’s Bank of China (PBoC) warned that uncertainty caused by friction and trade tensions between the United States (US) and China could have a negative impact on the global economy. According to the PBoC, in the future, trade...

Stocks in the Asia-Pacific region closed mixed on Tuesday, as trade tensions between the US and China eased after the US administration said it will allow Huawei Co Ltd to purchase American goods in order to maintain existing...

The Japanese economy advanced by 0.5% qoq in Q1 2019, after a downwardly revised 0.4% growth in Q4. The expansion was mainly supported by net export gains, with imports declining faster than exports, while there were concerns...

Delicate situation of oil price made Saudi Arabia recommended oil producer countries to gently driving oil inventories down. It sees no need to boost production quickly now, with oil at around US$70 a barrel, as it fears a price...

Indonesian government renegotiated the Masela block‘ plan of development (PoD) with Japan’ Inpex Corporation. With this effort, its expected the giant gas block can operate soon. Minister o Energy and Mineral Resources Ignasius...

Indonesia’s total external debt was manageable with solid structure as of end Q1/2019. Indonesia’s external debt at the end of Q1/2019 stood at US$387,6 billion, consisting of government and central bank debt of US$190.5 billion...

State toll road developer Waskita Karya (WSKT), through its subsidiary PT Waskita Toll Road (WTR), added paid-up capital and placed cash to PT Citra Waspphutowa in the amount of Rp61 billion for the cash needed’ Rp2.12 trillion....