The Indonesia Nikkei Manufacturing Purchasing Managers Index (PMI) showed a slight improvement to a reading of 51.7 in May 2018, up from 51.6 in the preceding month, meaning that activity in Indonesia's manufacturing sector expanded last month (a reading above 50.0 indicates expansion, while one below 50.0 indicates contraction). The PMI index measures the activity level of purchasing managers in the manufacturing sector. This survey is closely watched as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance.
The Business Columns section of Indonesia Investments provides in-depth columns that exhibit an analysis regarding subjects that are both important for understanding the Indonesian business climate and have high news value in the current state of Indonesia's economy. As a whole these columns should provide the reader a thorough and detailed picture of multiple Indonesian business sectors and be a source of ideas or inspiration to invest - or not to invest - in specific sectors of the Indonesian economy.
Indonesia's eCommerce boom leads to rising demand for new logistics goods delivery concepts. This has been a problem for many brand owners and retailers that lack the technology and expertise in a distribution network. At e2eCommerce Indonesia 2018, around 2,000 attendees from eCommerce, retailers and SMEs will gather to seek answers to these problems. Are you a reliable logistics & fulfillment company? Do you have solutions for eCommerce business? Join us and exhibit your services!
The need for decent housing with affordable prices has been rising lately. Unfortunately, getting a comfortable and cheap house is not an easy matter. Besides having a lack of property construction (thus resulting in the nation's housing backlog), it is often difficult to find accurate information about property products.
Jakarta was one of the world's top 10 crypto-capitals in 2017 according to IDACB (International Decentralized Association of Cryptocurrency and Blockchain). This means that the city has created conditions for trading, crypto-exchanges, mining and ICO. This ranking was compiled by artificial intelligence based on research of cryptocurrency events worldwide. The Indonesian government, however, remains skeptical of digital money and therefore may only agree to accept its own cryptocurrency in the future. However, the business community shows growing interest in new opportunities offered by the digital economy.
The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.