• Sales of Heavy Trucks in Indonesia Rise Sharply in 2017

    Sales of heavy trucks in Indonesia are showing an improvement in the first four months of 2017. Based on data from the Indonesian Automotive Industry Association (Gaikindo), a total of 4,762 heavy truck units were sold in the January-April 2017 period, up 91.86 percent year-on-year (y/y) compared to 2,482 sold units in the same period one year earlier.

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  • Agriculture Commodity Watch Indonesia: Crude Palm Oil

    Despite expectations of rising demand ahead of - and amid - the Ramadan and Idul Fitri celebrations, the price of crude palm oil (CPO) is expected to decline up to the end of June 2017. At the end of the trading day on Tuesday (30/05) the CPO price had fallen 0.56 percent to 2,502 ringgit (approx. USD $584.46) per ton (August 2017 contract) on the Malaysia bourse. So far this year, the CPO price has tumbled 14.48 percent.

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  • Finding a Realistic Tax to GDP Ratio for Indonesia's 2018 Budget

    According to Ken Dwijugiasteadi, Taxation Director General at Indonesia's Finance Ministry, a tax-to-GDP ratio at 11 percent would be realistic for Indonesia's 2018 state budget (but would still require big efforts from the government). In a plenary session of Indonesia's House of Representatives (DPR) earlier this week, regarding the 2018 state budget proposals, some called for a sharp increase in the tax-to-GDP ratio to 13 percent. However, considering the expected tax revenue growth, this ratio would be highly unrealistic.

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  • What is the Most Popular Brand in Indonesia? Instant Noodle Indomie!

    The latest survey conducted by Kantar Worldpanel, an international research firm that investigates consumers' purchasing behavior, confirms that Indomie remained the top brand in Indonesia (as it has been for - at least - the past five years). Indomie is Indonesia's most famous instant noodle brand, offering a rich amount of flavor variations to Indonesian consumers. Instant noodles are an important product for the Indonesian consumer because another instant noodle brand - Mie Sedaap - is also among the top three of favorite brands in Indonesia.

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