• Motorcycle Sales Indonesia Jump 15% in May 2017

    Sales of motorcycles in Indonesia showed an improvement ahead of the Idul Fitri celebrations in late June (a popular period to purchase a motorcycle unit). Based on the latest data from the Indonesian Motorcycle Industry Association (AISI) motorcycle sales grew 15.16 percent year-on-year (y/y) to 531,496 units in May 2017, the highest growth rate since August 2014. On a monthly basis motorcycle sales in Indonesia grew 36.96 percent (m/m).

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  • Cement Consumption in Indonesia Continues to Rise in May 2017

    In May 2017 Indonesia's national cement consumption extended the rise that started in the preceding month supported by a recovery in the property sector and infrastructure development projects. Based on data from the Indonesian Cement Association (ASI), cement demand grew 7 percent year-on-year (y/y) to 5.47 million tons in May. Meanwhile, cement sales rose 4.1 percent (y/y) to 25.26 million tons in the January-May 2017 period.

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  • Update Stock & Currency Markets: What Are the Important Events?

    There are various reasons for investors to be cautious in Asia today. Markets need to digest and wait for political certainty in the United Kingdom and France (where elections brought political uncertainty), while two big central banks (the US Federal Reserve and the Bank of Japan) are in the spotlight this week as they conduct their monthly policy meetings.

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  • Tim Draper's Wavemaker Partners Prepares New Fund, Focus on Indonesia

    Giant venture capital firm Wavemaker Partners is setting up a new fund with Indonesia being a key market. The new USD $50 million fund will focus on 80 early-stage technology startups in Southeast Asia (particularly business-to-business ventures). Wavemaker Partners is part of the Draper Venture Network, a leading global venture capital collective with ten funds spread across four continents.

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