• Few Foreign Investors Interested in Indonesia's Corporate Bonds

    Few Foreign Investors Interested in Indonesia's Corporate Bonds

    Few foreign investors invest in Indonesia's corporate bonds. Foreigners currently only hold seven percent of total outstanding corporate bonds in Indonesia. Salyadi Saputra, President Director of Pemeringkat Efek Indonesia (Pefindo), said this figure is too low. Ideally, it should be between 20 - 30 percent. Moreover, the percentage share of Indonesian corporate bonds that are in foreign hands has fallen over the past year. On 1 January 2016 foreigners still held 7.29 percent of total outstanding corporate bonds in Indonesia.

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  • Rubber Glove Industry of Indonesia Needs a Cheaper Gas Price

    Rubber Glove Industry of Indonesia Needs a Cheaper Gas Price

    Rubber gloves manufacturers in Indonesia are pessimistic about their business in 2017. This pessimism is caused by the lack of clarity whether - or when - the Indonesian government will lower the gas price for the rubber glove sector. Indonesia's high gas price gives rise to high operational costs for Indonesia's rubber glove producers. Reportedly, a number of local rubber glove factories have ceased production since late-2015.

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  • Indonesia Stock Market: Jakarta Composite Index at New Record High

    Indonesia Stock Market: Jakarta Composite Index at New Record High

    It was a good day for Indonesian stocks on Wednesday (29/03) as the nation's benchmark Jakarta Composite Index (IHSG) hit a new record high at 5.592.51 points, one day after Indonesian markets had been closed for a public holiday. Not only Indonesia but most Asian stocks rose on Wednesday - in line with expectations - following Wall Street higher overnight where the Trump stock rally seems back on track, especially after positive new economic data.

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  • Pole Position: Indonesia Remains Largest Car Market within ASEAN

    Pole Position: Indonesia Remains Largest Car Market within ASEAN

    Indonesia remains the biggest market for cars in the ASEAN region. Based on the latest data from the ASEAN Automotive Federation a total of 3.16 million cars were sold in the ASEAN region in 2016. Around 33 percent of these total sales occurred in Indonesia, the largest economy among ASEAN countries. In 2016 a total of 1.06 million vehicles were sold in Indonesia. On second place came Thailand with 768,788 sold cars. However, in terms of car production, Thailand remains on pole position in the ASEAN region.

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