Indonesia Investments Report - June 2021 Edition: COVID-19 Crisis Intensifies
Subscriber Update - Capital Injections into State-Owned Enterprises
Update COVID-19 in Indonesia: 2,615,529 confirmed infections, 68,219 deaths (13 July 2021)
13 July 2021 (closed)
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Bagian Berita Hari Ini adalah bagian yang diperbarui setiap hari dan berisi informasi terkini mengenai topik-topik yang mewarnai pemberitaan di media massa Indonesia pada hari ini. Sebagian besar berita yang diterbitkan di sini meliputi hal politik, ekonomi dan sosial. Namun, seiring dengan penampilan berita terkini, tentu belum meliputi analisis yang mendalam. Silakan lihat kolom Berita, Keuangan atau Bisnis jika Anda ingin membaca topik tertentu dengan analisis yang lebih mendalam.
Before we delve into Indonesia’s June 2021 trade statistics, we first take a quick look at Indonesia’s full-year 2020 trade performance as Indonesia’s Statistical Agency (Badan Pusat Statistik, BPS) released its annual ‘Indonesian Foreign Trade Statistics – 2020’ report in the first week of July 2021.
In recent months most attention went to the merger of Indonesian ‘superapp’ Gojek and e-commerce giant Tokopedia – including their plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). But we should not forget that another Indonesian e-commerce giant (and tech startup unicorn), called Bukalapak, is scheduled to list on the IDX on 6 August 2021.
On 8 June 2021 Indonesian Minister of State-Owned Enterprises Erick Thohir told Commission VI of the House of Representatives (DPR) that he proposes to raise the budget for capital injections into state-owned enterprises (SOEs) in 2022. The main reason is that the SOE Ministry wants to inject (additional) capital into 12 SOEs.
While in May 2021 Indonesian inflation accelerated more than we had predicted, in June 2021 we saw the opposite: inflation eased much more than we had anticipated. In fact, Indonesia experienced deflation.
