Investigators reported their preliminary findings in the investigation into the causes of the fatal crash of Lion Air flight JT-610 to Indonesian parliament on Wednesday 28 November 2018. These preliminary findings should not be confused with conclusions. Therefore, it is too early to pinpoint a definitive cause (or causes) of the accident that occurred in the early morning of 29 October 2018 and killed all 189 people on board (including crew).

Read column ›

Semen Indonesia, the largest cement producer in Indonesia, announced in November 2018 that it has signed a conditional sales & purchase agreement with LafargeHolcim Ltd to acquire an 80.6 percent stake in Holcim Indonesia, the third-biggest cement producer in Indonesia.

Read column ›

In early November 2018 the Central Statistics Bureau (BPS) announced that Indonesia’s gross domestic product (GDP) growth reached 5.17 percent year-on-year (y/y) in the third quarter of 2018. Although it means a slowdown from the 5.27 percent (y/y) growth pace in the preceding quarter, the Q3-2018 GDP growth rate actually slightly exceeded our expectations.

Read column ›

It have not been great times for palm oil farmers and traders. Malaysia’s benchmark palm oil price is currently hovering near a three-year low of 1,949 ringgit (approx. USD $464.8) per ton amid high inventories, rising production and sluggish global demand.

Read column ›