• Company Profile: MNC, Indonesia's Leading Television Provider

    Media Nusantara Citra (MNC) is Indonesia's leading integrated media company. It owns the most popular TV channel of Indonesia (RCTI) as well as two other free national channels (MNCTV and GlobalTV). The company also provides 16 Pay-TV channels which cover a whole range of genres. Most of its revenue is gained through advertisement on its TV channels. Apart from television, the company's supporting businesses include print & online media as well as radio.

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  • Indonesian Government: Inflation Rises in 2013, but Eases in 2014

    The government of Indonesia expects inflation to rise to 7.2 percent in 2013 because of the increase in the price of subsidized fuel in June, and expects it to ease to 4 percent in both 2014 and 2015 provided that good monetary policy is implemented. This good monetary policy should particularly be targeted at maintaining food security. The projections were presented by the Fiscal Policy Agency (Badan Kebijakan Fiskal), the Ministry of Finance, and Indonesia's central bank Bank Indonesia.

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  • Survey Indicates Declining Popularity of Yudhoyono's Democratic Party

    According to a new survey, the Democratic Party (Partai Demokrat), the political vehicle of president Susilo Bambang Yudhoyono, is increasingly losing popular support. The survey indicates that currently only 7.1 percent of respondents will vote for the Democratic Party in next year's legislative elections. The survey was conducted by the Center for Strategic and International Studies (CSIS) and involved 1,635 respondents from 31 provinces. In combination with results of earlier surveys in the last 12 months, it shows declining support for the party.

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  • Indonesia's Manufacturing Growth of 2013 is Revised Down to 6.5 Percent

    About a week ago, Indonesia's highly optimistic minister of Industry, MS Hidayat, stated that Indonesia's non oil & gas manufacturing sector would grow around 9 percent in 2013. Now, however, the minister has felt the need to revise this figure down to 6.5 percent after meeting several other ministers. Issues that will limit growth of the manufacturing sector are higher minimum wages, the planned rise in subsidized fuel prices, and the lack of support through bank credits.

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