Indonesia's palm oil exports (palm oil and palm kernel) rose by 9.1 percent (month-on-month) to 2.04 million metric tons in February, according to data from the Indonesian Palm Oil Association (Gapki). This level - the highest in about five years - was brought on due to increased purchases from China and Pakistan. Indonesia's palm oil industry may experience a better year in 2013 as exports in the first two months of 2013 rose 29 percent from last year.

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Indofood Sukses Makmur (Indofood), Indonesia's largest food processing company and the world's largest producer of instant noodles, posted net sales of IDR 50.06 trillion (US $5.1 billion) over 2012, a 10.4 percent increase compared to 2011. Its Consumer Branded Products Group (CBP) continued to be the largest contributor to its net sales, contributing around 43 percent, followed by Bogasari (25 percent), Agribusiness (24 percent) and Distribution (8 percent).

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Foreign tourist arrivals in Indonesia went up 14.50 percent in February compared to the same month last year, according to data published by Statistics Indonesia (BPS). In absolute numbers, this translates to more than 678 thousand foreign tourists that visited Indonesia in February. As usual, most tourists entered Indonesia through Bali (Ngurah Rai airport) or Jakarta (Soekarno-Hatta airport). Together, these airports account for over 60 percent of total foreign arrivals.

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In the General Meeting of Shareholders it was decided that Bank Mandiri, Indonesia’s largest financial institution by assets, will pay dividend of IDR 199.33 per share to its shareholders. Total dividend that will be paid amounts to IDR 4.65 trillion (US $479.4 million), which equals about 33 percent of the bank's net profit in 2012. Bank Mandiri, which is 60 percent owned by the Indonesian government, reported a 26.6 percent increase in net profit last year.

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