• Stock Market Update Indonesia: Down on Geopolitical Concerns

    Indonesia's benchmark Jakarta Composite Index fell on Friday (07/04), in line with the performance of most Asian stock markets, after the USA attacked a Syrian air base with 59 cruise missiles in the early morning hours. This attack contributed to the "risk-off" sentiments in Asia today (with the exception of the Philippines where stocks rose on expectation of good GDP growth in Q1-2017). Indonesia's benchmark stock index fell 0.47 percent to 5,653.49 points at the week's last trading day.

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  • Coca Cola Realized Half of its Investment Commitments in Indonesia

    Worldwide famous brand Coca Cola strengthened its presence in Indonesia by opening a USD $30 million production line in Bekasi (West Java). The new production line is owned by Coca Cola Bottling Indonesia, the local unit of Coca-Cola Amatil (CCA). The latter is the largest bottler and distributor of ready-to-drink beverages in the Asia-Pacific region, and one of the largest bottlers of The Coca Cola Company. CCA operates in Australia (where its headquarters are based), New Zealand, Indonesia, Papua New Guinea, Fiji and Samoa.

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  • Asian Development Bank's Latest Report on the Indonesian Economy

    The Asian Development Bank (ADB) kept its forecasts for economic growth in Indonesia at 5.1 percent (y/y) in 2017 and 5.3 percent (y/y) in 2018, implying it expects the trend of accelerating economic growth in Southeast Asia's largest economy to continue. The Manila-based institution mentions improvement in private investment and trade (namely expectation of rising exports) as main sources for growth of Indonesia's gross domestic product (GDP) in the years ahead.

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  • Rising Earnings of Indonesian Firms in 2016, More Dividend in 2017?

    Improving corporate earnings of Indonesia's listed companies in full-year 2016 should mean shareholders can expect to receive more dividend payouts this year. Based on data from Kustodian Sentral Efek Indonesia (KSEI), so far this year 33 listed companies on the Indonesia Stock Exchange have announced their payout ratio. However, many more are expected to follow. Considering the generally improving financial reports, we expect more companies to distribute dividend in 2017 compared to last year's 248 listed companies.

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