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Berita Hari Ini Food

  • Bank Indonesia: Indonesia's Inflation in August Still Expected to Exceed 1%

    Indonesia's central bank (Bank Indonesia) expects that Indonesia's inflation rate in August will reach about 1.3 percent (month to month), implying that the annual inflation rate will exceed 8.9 percent (year on year) in the same month. Prices of several commodities and horticultural products are still not showing a decrease in prices. These products include beef, chicken meat and onions. Thus, Bank Indonesia requests that the central and regional governments take great care in safeguarding the country's food supplies.

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  • Company Profile of Aviation and Food Services Provider Cardig Aero Services

    PT Cardig Aero Services (also known as PT CAS) is a leading aviation and food services provider in Indonesia that has been in operation since 1984. PT CAS currently owns five subsidiaries that provide a wide range of services across the aviation support and food solutions. The company is expected to reap the benefits of Indonesia's expanding aviation sector. As Indonesia's per capita GDP is growing steadily, more and more people will use airplanes.

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  • Bank Indonesia: Inflation Likely to Ease below 1% in August 2013

    Bank Indonesia: Inflation Likely to Ease below 1% in August 2013

    Indonesia's central bank expects that the country's monthly inflation rate will ease to below one percent in August. However, in order to meet this expectation the bank stresses that there needs to be an improvement in the food product supply through imports and good distribution practice. The latter, particularly, is problematic due to Indonesia's lack of quality and quantity in infrastructure. In July, monthly inflation rose 3.29 percent due to the start of the new school year and impact of higher subsidized fuel prices.

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  • Indonesia's Mining Sector Attracts most Investments despite Weak Export

    Indonesia's mining sector is still the biggest beneficiary of both domestic and foreign direct investments. Investments in Indonesia's mining sector rose 23.8 percent in the first six months of 2013 compared to the same period in 2012. This may be somewhat surprising as global economic turmoil in recent years has resulted in falling commodity prices and weak mining exports. Investments are the most important pillar of economic growth in Indonesia after the country's vibrant consumer industry.

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  • Inflationary Pressure due to Indonesia's Higher Food Prices during Ramadan

    Prices of certain food products in Indonesia have risen steeply during the first week of Ramadan, the Islamic fasting month. Higher prices are a sensitive issue at the moment as the country is fighting higher inflation after subsidized fuel prices were increased in June. Therefore, the central bank raised its benchmark interest rate by 50 bps to 6.50 percent last week. If inflation exceeds 2.3 percent in July (month to month) then it might result in another upward revision of the interest rate, thus slowing down Indonesia's economic growth.

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  • Indofood Sukses Makmur, Indonesia's Largest Food Processing Company

    Indofood Sukses Makmur (Indofood), one of the top performing consumer goods companies in Indonesia, has operations in each stage of the country's food manufacturing process. Indofood is Indonesia's largest food processing company and the world's biggest producer of instant noodles. As Indonesian consumers have more purchasing power, the company is well positioned to take benefit from this context. Moreover, Indofood is one of the Indonesian companies that expands its business oversees.

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  • Indonesia's Inflation Rate Will in Peak in July After Fuel Prices Kick in

    Indonesia's inflation rate in June was 1.03 percent, a significant rise compared to the previous month (deflation of 0.03 percent). Although the government's decision to increase the price of subsidized fuel in the second half of June 2013 already made an impact on the country's inflation rate, it is expected that in the next two months inflation will peak over two percent. Apart from the fuel price, other factors that will cause high inflation are the start of the holy fasting month (Ramadan), the new school year and the higher electricity rate.

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  • Inflation in Indonesia: June's Inflation Rate Accelerates to 1.03%

    Indonesia's June inflation rate was recorded at 1.03%. Components that contributed most to this increase were food (including instant foods), drinks, tobacco and housing (gas, water and electricity). The government's decision to raise the price of subsidized fuel last month already made an impact but it is expected that this impact will be heavier in the months ahead when more prices are revised upwards. On 22 June, prices of subsidized gasoline were raised by 44%, while prices of subsidized diesel were raised by 22%.

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  • Charoen Pokphand Indonesia, Leading Indonesian Poultry Meat Producer

    Indonesia Investments presents an updated company profile of Charoen Pokphand Indonesia, the leading company in Indonesia's poultry feed and day old chicks (DOC) industries, having a dominating market share of 35 percent in both industries. The poultry meat industry in Indonesia has good prospects as the country's current per capita poultry meat consumption is relatively low, while per capita GDP is rising. Moreover, chicken meat is cheaper than beef and fish, while pork is generally not eaten due to Islamic principals.

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  • Indonesia's January Inflation Rate Increases by 1.03 Percent

    Badan Pusat Statistik - BPS - Indonesia Investments

    Today, Statistics Indonesia (BPS), a non-departmental government institute, stated that the inflation rate of January increased due to the government's decision to raise electricity tariffs and due to massive floods in Jakarta and other cities. January's headline inflation is 1.03 percent. The year-on-year inflation rate now stands at 4.57 percent; still within Indonesia's Central Bank's target of 4.5 ±1 percent.

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Artikel Terbaru Food

  • 20 Japanese Food and Beverage Companies Plan to Invest in Indonesia

    20 Japanese Food and Beverage Companies Plan to Invest in Indonesia

    A total of twenty Japanese companies engaged in the food and beverage industry are exploring investment opportunities in Indonesia. According to research conducted by the Japan International Cooperation Agency (JICA), the food and beverage industry of Indonesia is regarded as a lucrative investment opportunity by these companies. If realized, these foreign direct investments could be worth between USD $400 million to USD $1 billion. However, JICA’s research did not mention any names of the Japanese companies.

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  • Dining in Jakarta: Everyone Has to Try the Roti Canai in Penang Bistro

    The next restaurant we visited for our column series about dining in Jakarta was the Penang Bistro. This restaurant, which serves a selection of Malaysian, Singaporean and Indonesian dishes, has seven outlets in Jakarta. The outlet we visited is located in the luxurious Grand Indonesia Shopping Mall, right in the heart of Jakarta and next to the iconic roundabout (known as Bundaran HI). Grand Indonesia is connected to the Kempinski Hotel (previously Hotel Indonesia), one of the most luxurious hotels of Indonesia and a landmark building.

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  • Dining in Jakarta: the Din Tai Fung Restaurant in Pacific Place Mall

    The next restaurant that we visit for our new column series about dining in Jakarta is Din Tai Fung, a Chinese restaurant with eight outlets in Jakarta. When we open the official Indonesian website of Din Tai Fung, we see that the restaurant promotes itself by pointing out several honors it has been given: it was listed among the top 10 restaurants in the world voted by both the New York Times (1993) and the Miele Guide, and its original Tapei branch as well as two Hong Kong branches were awarded a Michelin Star by the Miele Guide in 2010.

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  • Dining in Jakarta: the Pullman Jakarta Central Park Collage Restaurant

    Dining in Jakarta: the Pullman Jakarta Central Park Collage Restaurant

    For a new column series, Indonesia Investments explores Indonesia's hospitality sector, particularly dining - whether in the context of business meetings or more casual gatherings. In the first installment of this series, we visited all-day dining at Collage in the Pullman Hotel located next to the Central Park Mall in West Jakarta. Pullman is the high-end international brand of the Accor group having 89 hotels and resorts in 24 countries around the globe. Three are located in Indonesia, two in Jakarta (Central Park and Thamrin CBD) and one in Bali.

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  • Indonesia's Production of Palm Oil Grows 25.6% in First Half of 2013

    Palm Oil Industry Indonesia

    Indonesia's production of crude palm oil (CPO) in the first six months of 2013 rose 25.64 percent compared to semester I-2012 to 14.7 million tons, which is a little over half of this year's CPO production target. Despite weak global demand for the commodity (accompanied by falling CPO prices), growth was accomplished due to new seeds that became productive and because the total size of Indonesian palm oil estates continues to expand. Productive estates now stand at 9.4 million hectares from 8.7 million hectares last year.

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