Below is a list with tagged columns and company profiles.

Today's Headlines GDP

  • Strong Growth of Retail Sales in Indonesia in December 2018

    A survey of Indonesia's central bank (Bank Indonesia) shows that retail sales have grown strongly in December 2018. The growth pace was recorded at 7.7 percent year-on-year (y/y) in the last month of 2018, strengthening from an annual growth rate of 3.4 percent (y/y) in the preceding month.

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  • Indonesia Investments' Research Report Released: November 2018 Edition

    On Friday (7/12) Indonesia Investments released the November 2018 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of November 2018 and also touches upon key international developments that impacted on the Indonesian economy.

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  • IMF Cuts Outlook for Economic Growth in Indonesia & World

    At the start of the 2018 International Monetary Fund (IMF)-World Bank Group Annual Meetings on Bali (8-14 October 2018), the IMF released the October 2018 edition of its World Economic Outlook (WEO) report. The Washington-based institution became less optimistic about the global environment and therefore cut its forecast for global economic growth as well as its forecast for Indonesia's economic growth.

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  • World Bank Releases June 2018 Indonesia Economic Quarterly

    In the World Bank's latest Indonesia Economic Quarterly (June 2018 edition) there are plenty of positive words about the Indonesian economy, such as robust economic growth, low inflation, rising investment, growing government spending, and prudent monetary policy. However, the World Bank also detects some "substantial and mostly external" risks that lurk about. Below is the summary of the World Bank's latest Indonesia Economic Quarterly, entitled "Learning More, Growing Faster".

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  • Sri Mulyani Indrawati Updates House on Indonesia's 2019 State Budget

    In a speech in front of the House of Representatives (DPR) Indonesian Finance Minister Sri Mulyani Indrawati said the government targets an economic growth rate in the range of 5.4 - 5.8 percent year-on-year (y/y) for 2019. She said this range is a realistic one. Moreover, growth should be inclusive and equal, meaning all people across the nation should see an increase in their welfare. The government will give special focus on the acceleration of growth in eastern Indonesia, border areas, the outermost areas and underdeveloped regions.

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  • Indonesian Economy: GDP Grows 5.06% in Q1-2018, in Line with Estimate

    Indonesia's Statistics Agency (BPS) announced that gross domestic product (GDP) of Indonesia expanded 5.06 percent year-on-year (y/y) in the first quarter of 2018. This figure is in line with our expectations. Over the past two years it had already become clear that the acceleration of economic growth in Indonesia goes at a very slow pace, a trend that can primarily be attributed to subdued household consumption.

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  • Jakarta Composite Index Leads Losses in Asian Stock Markets

    Indonesia again led losses among Asian stock markets on Friday (04/05). The benchmark Jakarta Composite Index fell 1.13 percent to close at 5,792.35 points, its lowest position since August 2017. Most stocks in the Asia-Pacific region were in the red zone today as investors lack risk appetite ahead of the release of US payrolls data (due later today). Analysts expect to see a strong figure. Meanwhile, US unemployment is also expected to have eased slightly.

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  • World Bank Positive About Indonesia's Economic Outlook

    In its latest East Asia and Pacific Economic Update, the World Bank is optimistic about Indonesia's recent economic performance as well as its future prospects. The country's FY-2017 gross domestic product (GDP) expanded at the fastest pace in four years, led by stronger investment and net exports. Meanwhile, its current account deficit narrowed to a six-year low, while the central government's budget deficit reached the lowest since 2014, on the back of stronger global trade and strengthening commodity prices.

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  • ADB Puts GDP Growth Forecasts for Indonesia at 5.3% in 2018 & 2019

    The Asian Development Bank (ADB) stated in its Asian Development Outlook (ADO) report, which was released on Wednesday (11/04), that it expects the Indonesian economy to expand by 5.3 percent year-on-year (y/y) in 2018 and 2019 on the back of rising investment and an improvement in household consumption.

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Latest Columns GDP

  • Popular Low Cost Green Car Boosts Indonesian Car Sales in 2013

    Indonesian car sales have already exceeded the one million mark in October 2013. In the January-October period, 1,018,786 car units were sold, a ten percent increase compared to car sales in the same period last year. Growing demand for cars in Indonesia indicates that this sector of Southeast Asia's largest economy is not influenced by current negative market sentiments, such as the sharply depreciated Indonesian rupiah exchange rate (against the US dollar), high inflation (8.32 percent yoy in October 2013), and slowing economic growth.

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  • Analysis of Indonesia’s 5.62% Economic Growth Rate (GDP) in Q3-2013

    Indonesia will most likely not meet its original GDP growth target of 6.3 percent (stipulated in the 2013 State Budget). Yesterday (06/11), it was announced by Statistics Indonesia that Indonesia’s GDP growth figure in the third quarter of 2013 was recorded at 5.62 percent (year-on-year, yoy), the weakest quarterly growth figure since 2009 when the global financial crisis impacted on Southeast Asia’s largest economy. In 2013, Indonesia feels the global impact again, in combination with domestic factors.

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  • Analysis of Indonesia's October Inflation and September Trade Deficit

    Indonesia's October inflation rate was well-received by investors. On Friday (01/11), Statistics Indonesia (BPS) announced that the country's inflation in October 2013 grew 0.09 percent. Easing inflation was mainly due to falling prices of raw foods and clothes. Year-on-year (yoy), however, Indonesia's inflation is still high at 8.32 percent, although showing a moderating trend from 8.40 percent (yoy) in September 2013 and 8.79 percent (yoy) in August 2013. Inflation had skyrocketed after subsidized fuel prices were raised by an average 33 percent in June.

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  • IMF: Asia and Pacific Regional Economic Update by Anoop Singh

    Anoop Singh, Director of the Asia and Pacific Department within the International Monetary Fund (IMF), conducted a media roundtable in Tokyo today (30/10) in which he outlined the IMF's view on the economy of Asia. Asia will remain the global growth leader, although the IMF has lowered growth forecasts. Both tighter global liquidity and homegrown structural impediments will weigh on growth, but for most economies a gradual pickup in exports to advanced economies and resilient domestic demand should help support growth.

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  • Consultancy for the Jakarta-Surabaya Toll Road Project Tendered in Early 2014

    The position of consultant, tasked to conduct a feasibility study for the Jakarta-Surabaya toll road, will be tendered in early 2014. The realization of the Jakarta-Surabaya toll road, a 775 kilometer-long toll road that is built above the sea (along the coast line between Jakarta and Surabaya), is an ambition of the Indonesian government and expected to ease the difficulty of transportation on Java, Indonesia's most populous island. The feasibility study should explore the technical and environmental framework related to the establishment of the toll road.

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  • Indonesia’s Slowing Economic Growth: the Case of Private Consumption

    Forecasts for Indonesia’s gross domestic product (GDP) growth in 2013 and beyond have been revised down by all institutions, including the Indonesian government and central bank as well as international organizations such as the World Bank and the International Monetary Fund (IMF). Initially, the country’s economic growth was expected to reach around 6.5 percent in 2013. However, most institutions have downgraded forecasts for the country’s economic growth to below the 6.0 percent mark.

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  • Indonesian Automotive Industry: Car Sales Expected to Hit Record in 2013

    Car sales in Indonesia are expected to exceed the target set by the Indonesian Automotive Industry Association (Gaikindo) in 2013. The institution originally set a target of 1.1 million sold car vehicles in 2013, which is similar to the sales result in 2012. However, in September 2013 car sales recorded a new monthly record (115,921 sold units) after consumers sped up car sales as prices will increase in October. Up to the third quarter of 2013, total car sales have increased 11.2 percent compared to the same period last year.

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  • Economic Update Indonesia: Interest Rate, Inflation, GDP and Trade Balance

    Bank Indonesia’s Board of Governors decided to hold the BI Rate at a level of 7.25 percent, with rates on the Lending Facility and Deposit Facility held respectively at 7.25 percent and 5.50 percent. Bank Indonesia will continue to monitor global and domestic developments and further synergise the monetary and macroprudential policy mix in order to ensure that inflationary pressures remain under control, that rupiah exchange rate stability is maintained according to its fundamentals and the current account deficit is reduced to a sustainable level.

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  • IMF Direct Forum: How Emerging Markets Can Get Their Groove Back

    After a decade of high growth and a swift rebound after the collapse of US investment bank Lehman Brothers, emerging markets are seeing slowing growth. Their average growth is now 1½ percentage points lower than in 2010 and 2011. This is a widespread phenomenon: growth has been slowing in roughly three out of four emerging markets. This share is remarkably high; in the past, such synchronized and persistent slowdowns typically have only occurred during acute crises.

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  • ADB Outlook 2013: Developing Asia Slowing Amid Global Financial Jitters

    Softer than expected economic activity in the People’s Republic of China (PRC) and India and jitters over the United States (US) quantitative easing (QE) program will weigh on Asia and the Pacific’s growth prospects in the near term, says a new Asian Development Bank (ADB) report. “Asia and the Pacific's 2013 growth will come in below earlier projections due to more moderate activity in the region’s two largest economies and effects of QE nervousness,” said ADB Chief Economist Changyong Rhee.

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