Di bawah ada daftar dengan kolom dan profil perusahaan yang subyeknya berkaitan.
Berita Hari Ini GDP
Indonesia's Statistics Agency (BPS) announced today (06/11) that the nation's gross domestic product (GDP) grew 5.06 percent year-on-year (y/y) in the third quarter of 2017. Like in the preceding two quarters, this latest figure is (slightly) below analysts' estimates. On average, analysts had expected growth in the range of 5.10 - 5.20 percent (y/y) in Q3-2017.
Indonesian Finance Minister Sri Mulyani is optimistic that Indonesia's economic growth in 2018 can exceed the government target of 5.4 percent year-on-year (y/y) as set in the 2018 State Budget, which was approved by Indonesian parliament last week. Her optimism is based on an expected pickup in investment and exports next year.
Lana Soelistianingsih, economist at Samuel Aset Manajemen, said it will be very difficult for Indonesian authorities to achieve its 11.5 percent tax-to-GDP ratio target in 2017 despite the positive impact of the government's recently completed tax amnesty program.
Bank Indonesia, the central bank of Indonesia, expects the nation's gross domestic product (GDP) to accelerate modestly in the remainder of the year after having recorded slightly disappointing 5.01 percent year-on-year (y/y) growth in both the first and second quarter of 2017.
Assurance, tax and consulting services company PricewaterhouseCoopers (PwC) mentioned Indonesia among the 21 nations that have the fastest-growing economies and will be among the world's biggest economies by 2030. On this list Indonesia is ranked fifth with an expected gross domestic product (GDP) of USD $5.42 trillion in 2030.
In a meeting with Commission XI of Indonesia's House of Representatives (DPR) Indonesian Finance Minister Sri Mulyani Indrawati informed that it will be tough to achieve the 5.2 percent year-on-year (y/y) economic growth target as set in the government's Revised 2017 State Budget. In the first two quarters of the year Indonesia's gross domestic product (GDP) only expanded 5.01 percent (y/y) in each quarter.
After macroeconomic growth was rather disappointing at 5.01 percent year-on-year (y/y) in the second quarter of 2017, the Indonesian government will soon release a new economic policy package, specifically aimed at boosting investment in Indonesia. However, Indonesia's business world urge the government to first evaluate the effectiveness of preceding policy packages before implementing a new deregulation package. Moreover, some say it would be better to focus on improving confidence among consumers.
On Monday morning (07/08) Indonesia's Statistics Agency (BPS) released the official gross domestic product (GDP) growth figure for the second quarter of 2017. The result was slightly below estimates. BPS said the Indonesian economy expanded by 5.01 percent year-on-year (y/y) in Q2-2017, while the average analyst forecast was 5.08 percent (y/y).
Ina Primiana, Senior Economist at the Centre of Reform on Economics (CORE), is a bit pessimistic about Indonesia's economic growth in 2017. She sees gross domestic product (GDP) expanding by 5.1 percent year-on-year (y/y) this year as commodity prices and the retail sector fail to encourage higher growth.
Despite accelerated macroeconomic growth of Indonesia so far in 2017, people's purchasing power remains bleak. However, a number of Indonesian businessmen remain confident that Indonesia's economic conditions will improve in the second half of the year.
Artikel Terbaru GDP
Indonesia's central bank (Bank Indonesia) expects that economic growth of Indonesia in 2013 will not meet the government's target as has been set in the revised State Budget (APNB-P). Last month, both government and parliament of Indonesia agreed on a revised GDP growth assumption of 6.3 percent. However, Bank Indonesia believes that, due to slowing domestic consumption and investments in the current global economic context, the growth is more likely to fall between 5.8 and 6.2 percent.
Weakening American and European stock indices on Tuesday (02/07), as investors mostly refrained from trading ahead of Wednesday when a number of important US economic data are released, caused negative market sentiments in Asia today (03/07). Moreover, the market responded negative towards the World Bank's July report in which the outlook for economic growth of Indonesia in 2013 was cut to 5.9 percent (from 6.2 percent). Lastly, a gap at 4,620 - 4,644 still needed to be closed.
The World Bank has revised down its forecast for economic growth in Indonesia in 2013 to 5.9 percent from its original estimate of 6.2 percent. Similarly, the institution has altered its forecast for economic growth in 2014 from 6.5 percent to 6.2 percent. The revised figures were published in July's edition of the Indonesia Economic Quarterly (IEQ), titled 'Adjusting to Pressures'. The World Bank's forecast is also in sharp contrast with the GDP assumption of the Indonesian government, which puts economic growth in 2013 at 6.3 percent.
Last week, Indonesia's main index (IHSG) rebounded 303 points to 4,818.90. After weeks of foreign outflows, Indonesia finally experienced capital inflows again during the last two days of the week. For example, on Friday (28/06) foreigners bought IDR 960 billion (USD $97.0 million) more Indonesian shares than they sold. However, considering the full week, foreigners still recorded net selling amounting to IDR 1.02 trillion (USD $103 million). Do these last couple of days tell us that the bearish market is over? Lets take a closer look.
After several years of significant foreign capital inflows into Indonesia, a sharp contrast has been visible in recent weeks. Global panic that followed in the days after Ben Bernanke announced that the Federal Reserve intends to withdraw its quantitative easing program in 2014 (if economic recovery of the USA continues), hit Indonesia hard. It triggered a massive capital outflow from the country's stock exchange (IDX) as well as from government securities (Surat Berharga Negara, or SBN).
Similar to the Jakarta Great Sale event, Indonesia's main stock index (IHSG) trades its stocks at low prices as foreign investors have sold large parts of their Indonesian stock assets in recent weeks. Last week, foreign investors sold IDR 4.9 trillion (about USD $492.4 million), meaning that this year's accumulated foreign net buying has evaporated. Will these sales continue? Yes, I think so. Foreigners have invested about IDR 144 trillion in Indonesia's capital markets between 2007 and Q1-2013. As such, there is still plenty to sell.
Indonesia's main stock index (IHSG) moved wildly last week. During the first two days of the week, the index fell to 4,609.95 points, which is considerably below its record high level of 5,214 on 20 May 2013. However, on the last trading day of the week (14/06), a 3.32 percent recovery occurred. Generally, it were domestic market participants that supported the IHSG. Foreign market participants continued to sell parts of their Indonesian stock portfolios. Total foreign selling totaled IDR 9 trillion (USD $910.4 million) last week.
Data released by a department of Indonesia's Ministry of Finance showed that the country's budget deficit amounted to IDR 25.9 trillion (USD $2.64 billion) on 31 May 2013. This figure is equivalent to 16.9 percent of the target that is set in the 2013 State Budget (IDR 153.3 trillion). The IDR 25.9 trillion deficit translates to 0.27 percent of Indonesia's gross domestic product (GDP). The maximum amount of deficit - as stipulated by the State Budget Law of 2013 - that is allowed to be maintained is equivalent to 1.65 percent of GDP.
The slowing pace of investments has made the Indonesian government decide to revise down its forecast for economic growth in the second quarter of 2013. Minister of Finance, M. Chatib Basri, believes that GDP growth will not exceed the six percent threshold in Q2-2013. He explained that there are a number of factors that refrain the government from setting a higher growth assumption. These factors include ailing exports, non-optimal government spending, and diminishing gross fixed capital investment.
Asian stock markets were mixed on Thursday (30/05). Particularly Hong Kong's Hang Seng Index (HSI) was negatively influenced by Wednesday's falling stock indices in Europe and the USA. In this context, Indonesia's main index (IHSG) was hit as well and fell 1.37 percent to 5,129.65 points. Moreover, the continuing decline of the IDR rupiah makes market participants less enthusiastic to purchase Indonesian stocks. Foreigners were also anxious to sell part of their stock portfolios.
