Pada 12 Juli 2015, Indonesia Investments menerbitkan edisi terbaru dari newsletternya. Newsletter gratis ini, yang dikirimkan kepada para pelanggan kami sekali seminggu, berisi berita-berita paling penting dari Indonesia yang telah dilaporkan di website kami di tujuh hari terakhir. Kebanyakan topik mengenai isu-isu ekonomi seperti update pertumbuhan produk domestik bruto 2015, pasar properti, keuangan syariah, defisit transaksi berjalan, pendaftaran baru di Bursa Efek Indonesia (BEI), defisit anggaran 2016 budget, investasi, dan banyak lagi.

Lanjut baca ›

Bank sentral Indonesia (Bank Indonesia) diprediksi tidak akan mengubah tingkat suku bunganya pada pertemuan Dewan Gubernur yang akan dilaksanakan hari Kamis. Pada saat ini suku bunga acuan Bank Indonesia (BI rate) berada pada 7,50%, fasilitas simpanan Bank Indonesia (Fasbi) pada 5,50%, dan suku bunga lending facility pada 8,00%. Bank sentral tampaknya berkomitmen pada tingkat suku bunga yang relatif tinggi ini karena inflasi Indonesia telah naik menjadi 7,15% pada basis year-on-year (y/y) di bulan Mei, sementara rupiah menyentuh level terendah selama 17 tahun terakhir pada 9 Juni 2015.

Lanjut baca ›

Badan Pusat Statistik (Statistics Indonesia) announced today (15/06) that Indonesia posted a USD $950 million trade surplus in May 2015, the sixth consecutive monthly trade surplus and higher than the earlier projected USD $600 million. Although the trade surplus is positive news, a closer look at the data shows that domestic and global activity has weakened as Indonesian imports fell 21.4 percent (y/y) to USD $11.6 billion, while exports fell 15.2 percent to USD $12.6 billion in May, the eight straight month of falling imports and exports.

Lanjut baca ›

Indonesian stocks declined more than expected during the first trading session on Tuesday (09/06). The benchmark Jakarta Composite Index plunged 3.12 percent to 4,858.31 points amid heightened expectation of a US interest rate hike as well as worries about the Greek debt situation in the Eurozone. The performance of other Asian stock indices was mixed on Tuesday morning with Shanghai, Singapore and South Korea showing modest gains, while New Zealand, Hong Kong, Malaysia and Taiwan were down marginally.

Lanjut baca ›

Indonesia's central bank (Bank Indonesia) is well aware of the continuation of the "currency war" as a side-effect of further monetary tightening in the USA. Bank Indonesia Governor Agus Martowardojo said on Monday (08/06), quoted by state news agency Antara, that he sees a currency war continuing over the next three years provided that the Federal Reserve starts to tighten its monetary approach gradually. Markets expect the Fed to raise US interest rates in September 2015.

Lanjut baca ›

Bank Indonesia menunjukkan komitmennya pada kebijakan moneter yang relatif ketat karena tidak mengubah suku bunga dalam Pertemuan Dewan Gubernur bulan Mei. Meskipun ada tekanan-tekanan dari pemerintah dan para pelaku bisnis untuk memotong suku bunga (yang akan mendongkrak pertumbuhan ekonomi), Bank Indonesia mempertahankan suku bunga BI yang menjadi acuannya pada 7,50%, overnight deposit facility pada 5,50% dan lending facility rate pada 8,00%.

Lanjut baca ›

Indonesia’s rupiah continued to weaken on Monday’s trading day (18/05). The Indonesian rupiah had depreciated 0.22 percent to IDR 13,113 per US dollar by 12:08 pm based on the Bloomberg Dollar Index as market participants are waiting for results of the central bank’s Board of Governor’s Meeting, scheduled for Tuesday (19/05). At this meeting Indonesia’s central bank (Bank Indonesia) will discuss and determine its stance on the country’s interest rate environment. Currently, the key rate (BI rate) is set relatively high at 7.50 percent.

Lanjut baca ›

On 17 May 2015, 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 in the last seven days. Most of the topics involve economic matters such as updates on Indonesia’s current account balance and trade balance, Indonesia’s interest rate environment, human capital development, the forest moratorium, foreign ownership of property, and more.

Lanjut baca ›

The central bank (Bank Indonesia) announced on Friday (15/05) that Indonesia’s current account deficit narrowed to USD $3.8 billion, or, 1.8 percent of gross domestic product (GDP) in the first quarter of 2015. Although this result is slightly higher than Bank Indonesia’s estimation (1.6 percent of GDP), it was lower than the current account deficits in Q4-2014 (2.6 percent of GDP) or Q1-2014 (1.9 percent). This positive performance was mainly caused by a narrowing deficit in the country’s oil & gas trade balance.

Lanjut baca ›

The central bank of Indonesia (Bank Indonesia) is currently dealing with a dilemma. On the one hand, its relatively high interest rate environment (with the benchmark BI rate at 7.50 percent) is partly responsible for the country’s slowing economic growth as credit expansion is curtailed and economic activity declines. On the other hand, Bank Indonesia’s high BI rate is needed to safeguard Indonesia’s financial stability as inflation is still above the central bank’s target, the current account deficit nearly unsustainable, and capital outflows loom.

Lanjut baca ›

Without any real negative global reasons, Indonesia's benchmark stock index (IHSG) was down 0.20 percent to 4,349.42 points. Apparently, market participants were looking for profit taking after the index rose sharply in the last couple of days. There may also have been the psychological influence of the gaps at 4,191-4,225 and 4,072-4,102 that still need to be closed. Will the IHSG close these? Compared to the general upward trend of Asian indices, it seems strange if the IHSG would deviate from this trend only to close the gaps.

Lanjut baca ›

Last week, Indonesia's benchmark stock index (IHSG) remained under pressure and was corrected 122,735 points, or 2.9 percent. At the start of the week, a number of important data were released. Inflation in August 2013 was 1.12 percent (month-to-month), 7.94 percent (calender year 2013), and 8.79 percent (year on year). Major contributors to Indonesia's inflation rate were food products (0.45 percent), followed by housing, water, electricity and gas (0.16 percent), and transportation, communication and financial services (0.16 percent).

Lanjut baca ›

Although many global indices were up, Indonesia's benchmark stock index (IHSG) fell a total of 2.93 percent during last week's trading. One important issue on global indices is the tapering off of the Federal Reserve's quantitative easing (QE3). On 17 and 18 September, the next meeting of the FOMC is scheduled, which is expected to discuss the future of QE3. Notably, as the meeting comes closer, most global indices in fact rise. Thus, market players seem to have become less concerned about an end to QE3.

Lanjut baca ›

Indonesia's benchmark stock index (IHSG) could not continue its rebound on Wednesday (04/09). Amid mostly falling Asian markets, the IHSG fell 2.17 percent to 4,073.46 points. Asia was on a four-day winning streak but after president Obama received support from the Republican speaker of the House of Representatives, John Boehner, regarding military actions in Syria, global investors shied away from riskier assets. Indonesia and India are currently viewed as weak investment targets due to the countries' current account deficits.

Lanjut baca ›

Indonesia's benchmark stock index (IHSG) rebounded on Tuesday (03/09) amid rising Asian stock indices inflicted by optimism about economic recovery in China and the USA. The IHSG rose 1.53 percent to 4,164.12 points. Agribusiness and mining stocks were the top performers today, while the miscellaneous industry, which fell 0.09 percent, was the only sectoral index on the Indonesia Stock Exchange (IDX) that was down. The rupiah depreciated against the US dollar as investors are concerned about July's USD $2.3 billion current account deficit.

Lanjut baca ›

Indonesia's benchmark stock index (IHSG) went down 2.23 percent on Monday (02/09) after Statistics Indonesia (BPS) released a number of macroeconomic data. The country's inflation pace increased to 8.79 percent year-on-year, while it posted a record monthly trade deficit in July 2013 (USD $2.31 billion). Investors have been highly concerned about the development of Indonesia's current account deficit and after it became known that the figure was high in July, the IHSG quickly lost value.

Lanjut baca ›

Last week Friday (30/08), Indonesia's benchmark stock index (IHSG) ended 2.23 percent up to the level of 4,195.09 points, continuing its three-day 'winning streak'. Underlying reasons being the central bank's new policy package (that was released as a response towards the negative impact of global turmoil on Indonesia's financial stability) and the higher benchmark interest rate (BI rate). The BI rate was raised 50 basis points on Thursday (29/08) to 7.0 percent to stabilize the weakening rupiah that fell to IDR 11,000 per US dollar.

Lanjut baca ›

The decision of Indonesia's central bank (Bank Indonesia) to raise its benchmark interest rate by 50 basis points to 7.00 percent and its deposit facility (Fasbi) by 0.50 percent to 5.25 percent seem to have had a good impact on the value of Indonesia's stocks and the rupiah. Indonesia's benchmark stock index (IHSG) rose 2.23 percent to 4,195.09 points on Friday (30/08), implying a three-day winning streak. Since the first trading day of this year, the IHSG is down 3.47 percent.

Lanjut baca ›

Although Indonesia is one of the victims of the reversal of investment flows from emerging markets to developed markets, it is still far from a crisis. Global uncertainty regarding the possible ending of the Federal Reserve's monthly USD $85 billion bond-buying program (QE3) and, to a lesser extent, the possible invasion of the US in Syria have worried investors and resulted in the withdrawal of funds from emerging markets. Funds are flowing back to western developed countries that have recently been showing signs of continued economic recovery.

Lanjut baca ›

In order to curb imports of oil, the government of Indonesia intends to stimulate the production of crude palm oil-based biofuel by increasing the mandatory content of fatty acid methyl ester (which is made from palm oil) in biodiesel products from 7.5 percent to 10 percent. Through this policy, the government claims to be able to save up to USD $3 billion as it needs less fuel imports. Fuel imports totaled USD $5.8 billion in the first six months of 2013 and form a major cause for the USD $9.8 billion current account deficit in Q2-2013.

Lanjut baca ›