• Rights Issue Indonesia: Philip Morris’ HM Sampoerna to Raise Free-Float

    Indonesia’s largest cigarette producer, HM Sampoerna, is expected to go-ahead with its planned rights issue despite weak market conditions. HM Sampoerna, subsidiary of USA-based global cigarette and tobacco giant Philip Morris International, needs to meet a recently-adjusted minimum free-float requirement on the Indonesia Stock Exchange (IDX).

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  • Indonesia Investments' Newsletter of 6 September 2015 Released

    On 6 September 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 subjects such as an update on August inflation and manufacturing activity, tax incentives, layoffs and demonstrations, Islamic bonds, and more.

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  • Google’s Consumer Barometer: Online Transactions in Indonesia Rise

    Based on a recent survey conducted by Google, online transactions in Indonesia continue to rise (particularly the purchase of goods through mobile gadgets) despite the nation’s economic slowdown and weak rupiah (which makes imported products more expensive). Henky Prihatna, Google’s Country Head for Indonesia, said the survey shows that Indonesian consumers are increasingly using Internet to purchase consumer goods.

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  • Indonesian Stocks & Rupiah: Investors Cautious ahead of US Jobs Data

    Indonesian stocks and the rupiah are slightly down on Friday afternoon (04/09). Similar to yesterday it is a relatively quiet trading today (possibly caused by closed markets in Shanghai hence curtailing the spread of severe volatility). By 15:20 pm local Jakarta time the benchmark Jakarta Composite Index was down 0.48 percent to 4,411.99 points while the Indonesian rupiah had depreciated 0.07 percent to IDR 14,180 per US dollar (based on the Bloomberg Dollar Index).

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