• Cement Sales in Indonesia Rise 4.2% in January-April 2016

    Cement sales in Indonesia in the first four months of 2016 reached 19.3 million tons, up 4.2 percent (y/y) from the January-April period one year earlier, supported by additional cement supplies by three newcomers in Indonesia's cement industry and higher cement demand. The three newcomers supplied 600,000 tons of cement in the first four months. Trimegah Securities noted that without these additional supplies, Indonesia's cement sales in January-April 2016 would only have increased 0.7 percent (y/y).

    Lanjut baca ›

  • Foreign Investment: Bilateral Cooperation Indonesia & South Korea

    Investors from South Korea plan to invest up to USD $18 billion in Indonesia. Indonesian President Joko Widodo, Chairman of the Chamber of Commerce & Industry (Kadin) Rosan Perkasa Roeslani, Trade Minister Thomas Lembong and Foreign Minister Retno Marsudi witnessed the signing of business agreements and memorandums of understanding (MoU) in Seoul on Monday (16/05), covering bilateral cooperation in infrastructure development such as power plants, gas pipelines and railways as well as trade, creative economy, environment, and maritime affairs.

    Lanjut baca ›

  • Indonesia's 16-Month Falling Car Sales Streak is Over

    Car sales in Indonesia grew 4.6 percent (y/y) to 84,703 vehicles in April 2016 from 81,000 vehicles in the same month last year. This is a remarkable result as monthly car sales growth (on a year-on-year basis) had been declining for 16 straight months previously. Stakeholders in the automotive industry hope that this is the start of a rebound, in line with accelerating economic growth. In the first quarter of 2016 Indonesia's economic growth accelerated to a growth pace of 4.92 percent (y/y), higher than the 4.73 percent GDP growth pace in the same quarter last year.

    Lanjut baca ›

  • Trade Balance Indonesia: $670 Million Surplus in April 2016

    Based on the latest data from Statistics Indonesia (BPS), Indonesia booked a USD $670 million trade surplus in April 2016, primarily caused by a bigger-than-expected decline in imports. Most analysts expected to see a monthly trade surplus around USD $200 million last month. In the first four months of 2016, Indonesia's trade balance has now accumulated into a USD $2.3 billion trade surplus. Although the surplus is positive, there remain deep concerns about the persistently falling import and export figures.

    Lanjut baca ›