• Indonesia's Manufacturing Activity Lost Further Momentum in October

    Based on the latest data from IHS Markit, the headline seasonally adjusted Nikkei Indonesia Manufacturing Purchasing Managers’ Index (PMI) fell modestly to a reading of 50.5 in October 2018 (from 50.7 in the preceding month). The reading represents a marginal improvement in the health of Indonesia’s manufacturing sector.

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  • A Look Back at the IMF-World Bank Annual Meetings on Bali

    After having successfully hosted the 2018 Asian Games last September, Indonesia hosted the 2018 Annual Meetings of the International Monetary Fund (IMF) and World Bank Group on Bali on 8-14 October. Every year, the IMF and World Bank organize these meetings to discuss the latest financial and economic developments that occurred across the globe, while also poverty eradication and other key global issues – such as protectionism and climate change - are placed high on the agenda. The main themes of this year’s meetings include digital development and investing in human capital, which resulted in the “Bali Fintech Agenda” as well as the launch of “Human Capital Index”.

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  • CEOs’ Perceptions of the National Economy and Politics Improves in Q4-2018

    It are challenging times for businessmen and investors in Indonesia. An escalating trade war between the United States and China is felt by emerging markets including Indonesia. For example, the rupiah has weakened to a 20-year low against the US dollar. Meanwhile, Indonesia's legislative and presidential elections are scheduled for April 2019 and the results can have big consequences for the country's investment climate.

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  • Trade Balance: Small Trade Surplus in September, Start of Recovery?

    Based on the latest data from Indonesia’s Statistical Agency (BPS), Indonesia recorded a USD $227.1 million trade surplus in September 2018. Although it is a very small surplus, it did lead to some optimism. After all, Indonesia had recorded big monthly trade deficits of USD $2.0 billion and USD $944.2 million in July 2018 and August 2018, respectively.

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