Commodity Price Watch Indonesia: Rubber, Crude Oil & Coal

Rubber prices tumbled about 2 percent in early trading on Friday (21/07) after surging 4 percent in the previous trading session. The price of rubber for December 2017 delivery, the most active contract on the Tokyo Commodity Exchange (Tocom), tumbled 1.99 percent (or 4.30 points) to 211.90 yen per kilogram at 07:40 am local Jakarta time. Ahead of this tumble, there occurred a rubber price rally as most farmers held back their rubber stock sales following expectations of higher prices.

2 / 11 > <

Bank Indonesia Leaves Monetary Policy Unchanged at July Meeting

Indonesia's central bank (Bank Indonesia) concluded its Board of Governors Meeting later than usual on Thursday evening (20/07). However, there were no surprises. At the July policy meeting Bank Indonesia decided to keep its benchmark interest rate - the 7-day reverse repurchase rate - at 4.75 percent, in line with analyst estimates. Meanwhile, the deposit facility and lending facility were kept at 4.00 percent and 5.50 percent, respectively, effective per 21 Juli 2017.

3 / 11 > <

Financial Services Authority (OJK)'s New Board of Commissioners

The Board of Commissioners of the Financial Services Authority (OJK) finally determined the positions for the seven new commissioner members for the period 2017-2022. This decision was taken at the OJK Board of Commissioners Meeting that was concluded on Thursday evening (20/07).

4 / 11 > <

Establish a Representative Office in Indonesia

If you want to explore business opportunities in Indonesia for your parent company abroad (for example promote your products, do market research, create a network of clients or distributors, etc.) you need a local representative office. Here you can find all information about the establishment of a "Rep Office" in Indonesia. Our Jakarta team is ready to guide you through this process.

5 / 11 > <

HEADLINES & COLUMNS

latest update: 48 minutes ago

Last 24 hours

This week

Older

Economic Indicators Indonesia

GDP

Inflation

Poverty

Blue Chip Stocks Indonesia

Astra International

Bank Rakyat Indonesia

Unilever Indonesia

Markets

News

Our Services

Cultural Habits

Culture
How to Act Indonesian?

Art & Architecture

Industries & Sectors

Automotive

Tourism

Property

Politics of Indonesia

Political Overview

Colonial History

Modern Politics

Demographics

The People of Indonesia

Indonesia is the fourth-most populous nation on earth. The composition of this population is characterized by a high degree of variety in terms of culture, religion, and language.