According to the latest data of Indonesia's Investment Coordinating Board (BKPM), growth of foreign direct investment (FDI) in Indonesia in the first quarter of 2017 was recorded at a modest pace of 0.9 percent year-to-year (y/y) to IDR 97 trillion, sliding further from a growth pace of 2.1 percent (y/y) in the preceding quarter. Declining FDI is attributed to the ethnic and religious tensions in Jakarta (surrounding the 2017 Jakarta gubernatorial election) as well as persistent global uncertainties. The FDI data exclude investment in the country's banking and the oil & gas sector.

Lanjut baca ›

A number of Indonesian big cap stocks have already released their first quarter 2017 corporate earnings. Most of them show good results and therefore the majority of analysts agree that full-year 2017 corporate earnings of Indonesian companies listed on the Indonesia Stock Exchange should, generally, be good, especially considering economic growth of Indonesia is expected to accelerate further in the remainder of the year. However, some stocks have become expensive particularly after the recent strong performance of Indonesian stocks.

Lanjut baca ›

Indonesia Investments updated the company profile of ABM Investama in the Indonesian companies section. ABM Investama, listed on the Indonesia Stock Exchange, is an Indonesia-based holding company that is primarily focused on energy-related sectors, covering coal production, mining contractor services, and power solutions. After two years of net losses the company posted net profit of USD $12.89 million in 2016 supported by cost efficiency improvements in all business lines and the surging coal price in the second half of 2016.

Lanjut baca ›

The economies of Indonesia and other countries in Southeast Asia may feel the impact of US President Donald Trump's impending tax reforms. Currently markets are focused on these reforms. On Wednesday (26/04) Trump is set to propose steep cuts in US corporate taxes (from 35 percent to 15 percent) and the tax rate on offshore earnings that are repatriated (from 35 percent to 10 percent), while individual taxes will be simplified. These proposals will require US Congress approval before implementation.

Lanjut baca ›