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Berita Hari Ini GDP

  • Indonesia Investments' Newsletter of 11 September 2016 Released

    Indonesia Investments' Newsletter of 11 September 2016 Released

    On 11 September 2016, 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 topics such as Indonesia's stocks and rupiah, looming revisions of the 2009 Mining Law, the G20 summit, GDP growth, the coal mining industry, corruption, the tax amnesty program, and more.

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  • Indonesia's 2017 Economic Growth Target Set at 5.1%

    Indonesia's 2017 Economic Growth Target Set at 5.1%

    The central government of Indonesia and Commission XI within Indonesia's House of Representatives (DPR) agreed to set the nation's economic growth target at 5.1 percent (y/y) in the draft state budget for 2017. This target is 0.2 percentage points below the GDP growth target that was mentioned by Indonesian President Joko Widodo in a speech last month (based on a financial note) and is also below the 5.2 GDP growth target that was set in the Revised 2016 State Budget. Less optimistic forecasts are especially caused by a cut in government spending.

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  • Sri Mulyani Indrawati's Thoughts about Indonesia's Economic Growth

    Sri Mulyani Indrawati's Thoughts about Indonesia's Economic Growth

    According to Indonesian Finance Minister Sri Mulyani Indrawati the economy of Indonesia will grow 5.1 percent (y/y) in 2016, slightly below the target that was set by the central government in the 2016 State Budget (5.2 percent y/y). This slightly less rosy view is caused by the decision to cut government spending by IDR 137.6 trillion (approx. USD $10.4 billion) this year in order to combat a widening budget deficit (that is mainly caused by weaker-than-targeted tax revenue). A cut in state spending means that the government has less funds to boost economic growth.

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  • Bank Indonesia Sees GDP Growth at 4.9% - 5.3% in 2016

    Bank Indonesia Sees GDP Growth at 4.9% - 5.3% in 2016

    At the latest policy meeting, Indonesia's central bank (Bank Indonesia) not only adopted a new benchmark monetary tool (the BI seven-day reverse repo rate) but also announced that it cut its forecast for economic growth in 2016. Earlier, Bank Indonesia estimated Indonesia's GDP growth in full-year 2016 in the range of 5.0 - 5.4 percent (y/y). However, it slightly cut its projection to the range of 4.9 - 5.3 percent (y/y) due to the government's decision to curtail expenditure by IDR 133.8 trillion (approx. USD $10.1 billion).

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  • Currency of Indonesia: Rupiah to Appreciate in 2016

    Currency of Indonesia: Rupiah to Appreciate in 2016

    After six years of steady decline, the Indonesian rupiah is likely to have appreciated against the US dollar at the end of 2016. So far this year, the currency of Indonesia has appreciated 4.8 percent to IDR 13,126 against the greenback (Bloomberg Dollar Index) supported by capital inflows, particularly into government bonds and stocks as well as the delay in further monetary tightening in the USA. Although the rupiah should depreciate a bit as we go towards the end of the year, it is set to finish the year at a stronger level than it started.

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  • Indonesia Investments' Newsletter of 7 August 2016 Released

    Indonesia Investments' Newsletter of 7 August 2016 Released

    On 7 August 2016, 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 economic matters such as Indonesia's Q2-2016 GDP growth result, July inflation and manufacturing, the tax amnesty program, coal mining, monetary and fiscal policies, the tobacco industry, and much more.

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  • Household Consumption, Public Investment Boost Indonesian Economy

    Household Consumption, Public Investment Boost Indonesian Economy

    There is plenty of room for optimism about the direction of Indonesia's economic growth this year. Indonesia's Statistics Agency (BPS) announced on Friday (05/08) that the economy of Southeast Asia's largest economy expanded by 5.18 percent (y/y) in the second quarter of 2016, a figure that exceeded all expectations and forms a remarkable jump from the 4.66 percent (y/y) GDP growth figure in Q2-2015 and 4.91 percent (y/y) in Q1-2016. As a result, Indonesia's benchmark Jakarta Composite Index is currently near record levels.

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  • Indonesian Economy: GDP Growth at 5.18% in Q2-2016

    Indonesian Economy: GDP Growth at 5.18% in Q2-2016

    Indonesia's gross domestic product (GDP) grew 5.18 percent (y/y) in the second quarter of 2016, beating analysts' forecasts and accelerating strongly from the (downward revised) 4.91 percent (y/y) GDP growth pace that was recorded in the preceding quarter. Data from Indonesia's Statistics Agency (BPS), released this morning (05/08), also show that on a quarterly non-seasonally adjusted basis, Indonesia's GDP expanded by 4.02 percent in Q2-2016.

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  • Interview Sri Mulyani: Indonesian Economy Affected by China & Brexit

    Interview Sri Mulyani: Indonesian Economy Affected by China & Brexit

    In today's cabinet reshuffle (27/07) economist Sri Mulyani Indrawati was appointed as Indonesia's new finance minister, replacing Bambang Brodjonegoro. One day earlier, when few were aware about this surprise move, Sri Mulyani spoke briefly to reporters - in her position as managing director and chief operating officer of the World Bank - about the Indonesian and global economy. She sees two matters that negatively affect Indonesia's economic growth: slowing economic growth in China and the Brexit issue.

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  • Bank Indonesia: Domestic Economy Remains Sluggish in Q2-2016

    Bank Indonesia: Domestic Economy Remains Sluggish in Q2-2016

    The central bank of Indonesia (Bank Indonesia) expects Indonesia's economic growth to reach between 4.9 and 5.0 percent (y/y) in the second quarter of 2016, only rising slightly from GDP growth realization of 4.92 percent in the first quarter. Growth is forecast to remain subdued as Indonesia's household consumption has not improved markedly yet (reflected by low demand for credit). Meanwhile, the global economic context remains plagued by uncertainties, particularly ongoing concern about the economies of the USA, China and Europe.

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Artikel Terbaru GDP

  • Tourism in Indonesia: One of Indonesia's Untapped Potentials? (Part I)

    Tourism in Indonesia Untapped Potential - Richard van der Schaar

    Whenever the topic of tourism in Indonesia is touched upon, most people will instantly think of Bali. This small but famous island harbors all sorts of entertainment that will appeal to various segments of international tourism: beautiful landscapes, Balinese Hinduism, lively nightclubs, beaches and more. But apart from Bali - and despite the fact that Indonesia has much to offer on other islands - the country has disappointed in attracting a large amount of foreign tourists so far.

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  • Indonesia's Trade Ministry Limits the Amount of Outlets with New Franchise Law

    Last February, the Indonesian government, through its Ministry of Trade, issued new rules with regard to Indonesia's franchise sector. This new regulatory framework - formulated in Ministry of Trade Regulation No. 7 Year 2013 on Partnership Development in Franchise Business Services for Food and Beverages (Permendag Nomor 7) - will have an impact on Indonesia's food and beverage services as limitations are set on the amount of outlets.

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  • World Bank: Indonesia Shows Steady Growth but Pressures Are Mounting

    This week, the World Bank published its Indonesia Economic Quarterly (IEQ, edition March 2013) titled 'Pressures Mounting'. It reports on key developments over the past three months in Indonesia’s economy, and places these in a longer-term and global context. To read the whole report, please visit the World Bank's website at www.worldbank.org or download this edition directly through this link. Below we present the executive summary.

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  • Low Competitiveness Blocks Development of Indonesia's Manufacturing Sector

    Despite the fact that Indonesia reported the world's third-highest GDP growth in 2012 (behind China's 7.4 percent and Saudi Arabia's 7.1 percent), supported by rising consumption by a burgeoning middle class and significant increased foreign direct investment, the country's performance in terms of competitiveness is disappointing. It is cheaper to import products from countries that contain competitive businesses than to produce them in Indonesia.

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  • Indonesia Stock Exchange Gains Amid Global Positive Market Sentiments

    Apparently, market participants were eagerly waiting for positive news regarding stimulus packages that various central banks will apply to boost local economies. Once the news spread, investors hunted for stocks that previously weakened. Moreover, increased manufacturing data from the USA and Europe contributed to positive market sentiments. Lastly, China indicated to maintain its economic pace of 7.5 percent GDP growth this year.

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  • The Indonesia Stock Exchange Gives a Valentine's Gift; a New Record

    Rising Asian stock markets, particularly a strong Hang Seng (Hong Kong) that opened today after the Chinese new year celebrations, had a positive impact on the Indonesia Stock Exchange (IHSG). As had happened in previous years, the IHSG has the tendency to gain ahead of Valentine's day. Today, market participants received their special Valentine's gift: a new record-high IHSG level of 4601.95, although in the end it had to close a bit lower.

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  • Indonesian Government Releases Official GDP Growth Figure for the Year 2012

    An official at Indonesia's Finance Ministry announced today that Indonesia's gross domestic product (GDP) grew by 6.23% in 2012, thus failing to meet the government's revised target of 6.3-6.5%. Factors that contributed to Indonesia's lower than expected economic growth last year were weak exports due to poor international trade and non-optimal government spending. On the positive side, all sectors of the Indonesian economy experienced growth.

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  • BRI's 2012 Results Mark the Continued Strength of Indonesia's Financial Sector

    Bank Rakyat Indonesia - BRI - Indonesia Investments - Van der Schaar Investments B.V. Vaandelstraat Delft

    Indonesian commercial banks have shown good performance in recent years as economic growth of over six percent fuels loan demand from the people and businesses. Domestic consumption and investment are the two main drivers of the country's gross domestic product (GDP) growth. Together, these two components account for almost 90 percent of GDP. As such, lenders are in a comfortable position.

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  • The Rise of Indonesia's Cement Production and Consumption

    Both Indonesia's cement production and cement consumption have risen rapidly in recent years. As the country has been showing solid economic growth for a decade - and is forecast to continue this growth -, property and infrastructure projects have grown in number accordingly, thus increasing demand for building materials such as cement. Moreover, the government is committed to enhance the country's much-needed infrastructure development.

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