Rudiantara, Indonesian Minister of Communication and Information, targets to see the availability of 4G networks across all Indonesian cities and districts by the year 2019. That year the government’s Palapa Ring project is planned to be completed. This project, involving … Continue reading →
Balinese furniture and handicraft exporters target a sharp increase in exports to the United States after European demand for Balinese furniture and handicraft products has plunged significantly over the past year. These manufacturers and exporters expect to see a 30 … Continue reading →
The property sector of Indonesia has been sluggish ever since the nation’s property boom ended in late 2013. The same goes for the office space segment. Stagnant economic growth around 5 percent (y/y) since 2014 has led to limited growth … Continue reading →
Chinese car manufacturers seem not afraid to compete with their Japanese counterparts on Indonesian soil. After Wuling Motors arrived in Indonesia in mid-2017, now another Chinese car-maker, Sokonindo Automobile, has started operations in Indonesia, Southeast Asia’s largest car market. For … Continue reading →
Foreign exchange earnings are important assets for a national economy. Therefore, many nations have recently been taking a much more protectionist approach vis-à-vis trade in an effort to strengthen their trade positions, generate trade surpluses, hence see the inflow of … Continue reading →
The central bank of Indonesia (Bank Indonesia) said it will revise its outlook for Indonesia’s economic growth in full-year 2017 after the Q3-2017 GDP growth figure – released at the start of the week – was well below expectations. Previously, … Continue reading →
Ngakan Timur Antara, Head of the Agency for Industrial Research and Development (in Indonesian: Badan Penelitian dan Pengembangan Industri, or BPPI), said Indonesia occupies the fifth position in terms of the world’s largest leather and footwear (shoe) exporters. Only China, … Continue reading →
Indonesia’s benchmark Jakarta Composite Index continues its run in record high territory on Monday (06/11). While Asian stocks are mixed, overall, this morning, the Jakarta Composite Index is carefully climbing in green territory. It is interesting to note that, recently, … Continue reading →
Indonesian inflation accelerated by a modest 0.01 percent month-on-month (m/m) in October 2017, considerably lower than the average monthly October inflation rate in recent years. Low October 2017 inflation primarily comes on the back of stable commodity prices. In fact, … Continue reading →
Indonesia’s Investment Coordinating Board (BKPM) announced that total direct investment in Indonesia (foreign + domestic investment) reached IDR 176.6 trillion (approx. USD $13.2 billion using the IDR 13,400 per US dollar exchange rate as set in the revised 2017 state … Continue reading →