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.
After Standard & Poor's (S&P) assigned investment grade status to Indonesia's sovereign rating, hence boosting positive perceptions about the Indonesian economy, the government should use this momentum to encourage public and private investment to push macroeconomic growth to the targeted range of 5.4 - 6.1 percent year-on-year (y/y) in 2018.
Despite seeing a supply surplus in Asia, coal prices are expected to remain stable in the foreseeable future supported by expectations of Chinese intervention into domestic coal production. China is the world's largest producer and consumer of coal and therefore the main determinant of the coal price. On Friday (19/05), the Newcastle coal index (May 2017 contracts) rose 0.27 percent to USD $74.25 per ton.
More rupiah and foreign-denominated bonds are expected to be issued in Indonesia now credit rating agency Standard & Poor's (S&P) assigned investment grade status to Indonesia's sovereign rating (BBB-/stable outlook). Yields are expected to decline gradually, while the cost of funds become cheaper. Therefore, it now becomes more attractive for the Indonesian government and local companies (those that also have been assigned the investment grade rating) to issue bonds and collect "cheaper funds".
Most Asian stocks are in the green zone on Monday morning (22/05), tracking Wall Street's performance on Friday where investors' attention shifted from recent political drama - related to US President Donald Trump - to good corporate earnings of Deere and Caterpillar. Meanwhile, rising crude oil ahead of the OPEC meeting on Friday (May 25, 2017) added positive sentiments to markets. Indonesia is again on track to finish at a new all-time record high.
