Indonesia Investments updated the company profile of AKR Corporindo (AKRA), Indonesia’s leading integrated supply chain solutions provider and largest private sector distributor of petroleum and basic chemicals. Apart from trading and distribution, the company is also engaged in other business lines, i.e. logistic services, manufacturing, as well as coal mining and trading. In the first six months of 2013, AKRA recorded a 17.9 percent jump in profit to IDR 350.9 billion (USD $31.9 million) compared to the same period last year.

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Erajaya Swasembada is the market leader for the distribution of mobile communication products in Indonesia. The Erajaya Group is the official distributor for ten international brands of smartphones, tablets, and android devices. These include Nokia, Apple, Samsung, Blackberry, Acer, Dell, HTC, Motorola, Sony, LG, Huawei and Venera. The Erajaya Group has grown into a large distribution network made up of 70 distribution branches, 236 stores in 27 cities and partnerships with more than 16,000 third-party re-sellers.

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The central bank of Indonesia (Bank Indonesia) expects to see deflation at 0.15 percent month-to-month (m/m) in February 2016. Bank Indonesia Governor Agus Martowardojo said lower (government) administered prices in combination with low core inflation will be the recipe for deflation in the second month of the year. The lower administered prices that are primarily the cause of deflation consist of fuel prices, air fares and 12-kilogram liquefied petroleum gas (LPG) canisters. In the first month of the year Indonesian inflation accelerated to 4.14 percent (y/y).

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