Below is a list with tagged columns and company profiles.

Today's Headlines Lebaran

  • Peak in Urbanization; A Consequence of the Traditional Lebaran Holiday

    Peak in Urbanisation; A Consequence of the Traditional Lebaran Holiday

    An annual peak in urbanization in Indonesia is one of the most interesting consequences of the Lebaran period. Ahead of Lebaran - a national holiday when Indonesian Muslims celebrate the end of the Ramadan month - around 20 million Indonesians (most of whom reside in the urban centers of Java) travel back to their places of origin to spend a couple of days with their (extended) families. It is a tradition that is locally known as mudik.

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  • Traffic Accidents & Casualties Decline during This Year's Eid al-Fitr

    Traffic Accidents & Casualties Decline during This Year's Eid al-Fitr

    The number of traffic accidents and casualties declined drastically during this year's Eid al-Fitr holiday, the celebrations that mark the end of the Ramadan month. Traditionally, tens of millions of people travel from the urban areas back to their places of origin to spend a couple of days with their families (a tradition known as mudik in Indonesia). This exodus at the start of the holiday (and inflow at the end of the holiday) usually leads to many casualties, primarily because people become tired after driving for many hours.

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  • Electronics & Retail Sales Indonesia Bleak Around Idul Fitri

    Electronics & Retail Sales Indonesia Bleak Around Idul Fitri

    Sales of electronics in Indonesia in the second quarter of 2017 are expected to have remained stuck at the same level as in the first quarter amid bleak demand. Ali Soebroto, Chairman of the Indonesian Electronics Industries Association (Gabel), said domestic sales growth of electronics has not risen significantly in Q2-2017 and, in fact, is far from the target. Soebroto attributed these weak electronic sales to people's preference to purchase goods that are related to the fasting month (Ramadan) such as food products or clothes.

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  • Indonesia's Idul Fitri Holiday Exodus Reached Peak in the Weekend

    Indonesia's Idul Fitri Holiday Exodus Reached Peak in the Weekend

    At the first day of Indonesia's Idul Fitri holiday (4-8 July 2016), the capital city of Jakarta has become relatively quiet as some 6.7 million Jakartans are estimated to have left the city to spend a couple of days with their families in the suburban or rural areas (a tradition called mudik). The peak of the exodus occurred on Saturday-Sunday and choked toll gates in the Greater Jakarta area. Meanwhile, the number of air passengers during this year's Idul Fitri is expected to be the highest ever, supported by higher purchasing power and better airport and flight services.

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  • Indonesia's Mudik Travelers Estimated to Rise in 2016

    Indonesia's Mudik Travelers Estimated to Rise in 2016

    The Transportation Ministry of Indonesia predicts that there will be around 18 million people traveling back to their places of origin ahead of this year's Idul Fitri celebrations (the days that mark the end of the Ramadan fasting month). This prediction is 3.3 percent higher than the flow of people during last year's Idul Fitri (17.4 million). The annual exodus of Indonesian workers and professionals from the cities back to their hometowns - to spend some days with their parents - ahead of Idul Fitri (Lebaran) is called mudik in Indonesian.

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  • Inflation Indonesia: Heightened Money Circulation due to Ramadan & Idul Fitri

    Inflation Indonesia: Heightened Money Circulation due to Ramadan & Idul Fitri

    The holy Islamic fasting month (Ramadan) is set to start in early June. One month later Indonesia will celebrate Idul Fitri (Lebaran), the celebration that marks the end of the Ramadan month. During Idul Fitri millions of Indonesians will travel back to their places of origin to spend some time with their families, a tradition called mudik. Although the Ramadan is a month characterized by self-control, this month and the subsequent Idul Fitri celebrations always cause rising consumption of food products as well as rising consumer spending on clothes, shoes, bags, and other articles.

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  • Ramadan & Infrastructure in Indonesia: Idul Fitri Exodus Estimated at 20 Million

    Ramadan & Infrastructure in Indonesia: Idul Fitri Exodus Estimated at 20 Million

    It is estimated that about 20 million Indonesians will travel back to their hometowns during the Idul Fitri (also known as Lebaran) celebrations that mark the end of the Ramadan (the Islamic holy fasting month) next month. This homeward bound traveling is locally known as mudik. The annual mudik tradition involves millions of Indonesians taking time off from work, leaving their urban residences and travel back to their places of birth in the rural areas for a few days. During these days cities become empty.

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  • Indonesia Investments' Newsletter of 3 August 2014 Released

    On 3 August 2014, 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 topics such as the performance of the rupiah exchange rate, July 2014 inflation, the Lebaran holiday period, foreign direct investment, palm oil export, an analysis of the Asian financial crisis, religion in Indonesia, and more.

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  • Idul Fitri Celebrations and Mudik Tradition in Indonesia Relatively Smooth

    The Idul Fitri celebrations (also known as Lebaran) in Indonesia appear to take place in a safe and orderly manner. Idul Fitri is an important religious holiday for Muslims as it stresses the importance of unity for the Islamic community, and marks the end of the holy fasting month (Ramadan). Business comes to a near stand-still in Indonesia during these days, and Jakarta, the political and economic center of Indonesia, has become empty after millions of people went back to their hometowns ahead of Idul Fitri (this is known as the annual mudik tradition).

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  • Indonesian Culture: Annual Mudik Tradition ahead of Lebaran Has Begun

    The annual mudik tradition has started in Indonesia. The term mudik refers to the exodus of Indonesian workers from the cities back to their hometowns ahead of Lebaran (the Indonesian name for Idul Fitri) which starts on 28 July 2014. Lebaran, a national holiday (from 28 July to 1 August), marks the end of the holy fasting month of Ramadan and is usually celebrated at people’s places of origin, implying that Indonesian cities become more-or-less deserted for one week. In the week up to Lebaran people start to mudik.

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Latest Columns Lebaran

  • Islam & Indonesian Culture: Impact of Idul Fitri on the Economy

    Islam & Indonesian Culture: Impact of Idul Fitri on the Economy

    Next week Indonesia's financial and stock markets are closed for Idul Fitri (also known as Lebaran or Eid al-Fitr), the celebrations that mark the end of the holy Islamic fasting month (Ramadan). As usual, during the Ramadan month (that started in early June) business activities in Indonesia start to slow and this slowdown will reach its "peak" during the Idul Fitri holiday, a national holiday (from Monday 4 July to Friday 8 July) when some 17.6 million Indonesians who live and work in the bigger cities will return to their places of origin for a couple of days (a tradition called mudik).

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  • Indonesian August Cement Sales Rise on Property & Infrastructure Projects

    Indonesian August Cement Sales Jump 37% on Property & Infrastructure Projects

    Indonesian cement sales jumped 37.4 percent (year-on-year) to 4.7 million tons in August 2014 due to higher cement demand from Indonesian property and infrastructure developers. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said that the development of smelters, power plants, apartments, hotels, and social housing has been key to improved cement sales last month. However, the 37.4 percentage point growth was also caused by fewer working days in August 2013 as the Lebaran holiday fell in that month.

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  • Despite Higher Idul Fitri Consumption, Indonesia May Not Reach GDP Target

    Although the holy fasting month of Ramadan and subsequent Idul Fitri celebrations always provide a boost for national economic growth in Indonesia as domestic consumption tends to peak, analysts believe that it will not contribute significantly to the government's 6.3 percent GDP growth target this year. During Ramadan and Idul Fitri (known as Lebaran), Indonesian consumers generally spend more on food products, clothes, shoes, tickets for transport and hotels than in other months, and thus lead to increased economic activity.

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  • Indonesia's Main Stock Index Rises 0.36% on Last Day before Holiday

    On the last day before a week-long holiday, Indonesia's main stock index (IHSG) rose by 0.36 percent to 4,640.78 points on Friday (02/08). Although it was a relative quiet trading day, the performance was in line with today's performance of other Asian indices as well as European and American indices on Thursday (01/08). Stocks in the country's basic industries sector provided most support to the rise of the index. The Asian market still felt the positive impact of the Federal Reserve's announcement that it will continue the quantitative easing program.

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  • Facing Higher Inflation: Indonesia's Stock Market under Pressure

    Last week (22-26 July 2013), Indonesia's main stock index (IHSG) ended 1.39 percent down at 4,658.87. The daily value of transactions on the regular market narrowed to an average of IDR 3 trillion (USD $300 million) from IDR 3.84 trillion in the previous week. Foreigners still recorded net sales amounting to IDR 92.9 billion (USD $9.3 million). Lack of positive sentiments, financial results of companies that were below expectation and the continued weakening of the rupiah against the US dollar resulted in the decline of the index.

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  • Indonesia's Trade Balance Reports Another Trade Deficit in April

    Indonesia's trade balance recorded another deficit in April 2013 as imports (USD $16.31 billion) exceeded exports (USD $14.70 billion). April's trade deficit, amounting to USD $1.62 billion, was mainly due to continued weak commodity exports in combination with strong oil, basic machinery and utensils imports. After five consecutive months of deficits up to February, Indonesia’s trade account reported a surplus of USD $330 million in March, but fell back into deficit in April. From January to April, Indonesia's trade deficit stands at USD $1.85 billion.

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