Three Indonesian tire manufacturers, all listed on the Indonesia Stock Exchange, are showing the same trend over the past year: earnings from the domestic market are rising, while earnings from exports are declining. This could be a sign that Indonesia's domestic automotive market has been improving or the international industry has been weakening (or both). The three tire manufacturers are Gajah Tunggal, Multistrada Arah Sarana, and Goodyear Indonesia.

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Asian shares rose on Tuesday morning (25/04), following the strong performance of Wall Street overnight, supported by easing concerns about the stability of the European Union (EU) after French presidential candidate Emmanuel Macron is seen as the clear favorite in the presidential runoff. Macron, a pro-EU centrist, will face Marine Le Pen, an anti-EU nationalist, in the runoff. Due to easing concerns safe haven assets came under pressure, while the euro retained gains. Australia and New Zealand are closed for a public holiday.

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During the last couple of years of Susilo Bambang Yudhoyono (SBY)'s second cabinet (2009-2014) there erupted a number of high profile corruption cases that involved several of his ministers as well as leading figures in his Democratic Party (in Indonesian: Partai Demokrat, abbreviated as PD). As a result, the PD party dropped significantly in the 2014 parliamentary election (this loss was also caused by the inability of SBY to find a new charismatic leader for the party, while SBY himself could not participate in the 2014 presidential election as he was finishing his final presidential term).

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On 23 April 2017, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related and political topics such as the 2017 Jakarta gubernatorial election, monetary policy, inflation, Mike Pence's visit to Indonesia, trade data, the bond market, and more.

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