Below is a list with tagged columns and company profiles.

Today's Headlines Shinzo Abe

  • Japan & Indonesia to Cooperate on Key Infrastructure Projects

    Japan & Indonesia to Cooperate on Key Infrastructure Projects

    Indonesian President Joko Widodo and Japanese Prime Minister Shinzo Abe will witness the signing of a joint study (a cooperation between Indonesia's Transportation Ministry and the Japan International Cooperation Agency, or JICA) into the medium speed railway - connecting Jakarta to Surabaya - on 15 January 2017 at the Presidential Palace in Bogor. Besides the medium speed railway, Widodo and Abe will also discuss funding for a deep-sea port project in Patimban (West Java) as well as contracts for the Masela oil & gas block in eastern Indonesia.

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  • Volatile Day at the Office for the Indonesian Rupiah

    Volatile Day at the Office for the Indonesian Rupiah

    The Indonesian rupiah experienced a volatile day on Thursday (02/06), touching a four-month low in the morning after Indonesia failed to get investment grade status (yet) from global credit rating agency Standard & Poor's (S&P). However, at the end of the trading day the rupiah had appreciated 0.13 percent to IDR 13,643 per US dollar (Bloomberg Dollar Index). Most emerging Asian currencies appreciated against the US dollar today amid uncertainty about an imminent Fed Funds Rate hike.

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  • Japan & Indonesia to Partner for Construction of Patimban Seaport

    Japan & Indonesia to Partner for Construction of Patimban Seaport

    Japanese Prime Minister Shinzo Abe informed Indonesian President Joko Widodo that Japan is eager to be involved in the USD $3 billion Patimban deep seaport in Subang (West Java). This seaport is envisaged to become an international seaport with a 7.5 million twenty-foot equivalent units (TEU) capacity. President Widodo is in Japan for a two-day visit (26-27 May). On the sidelines of the Group of Seven summit, Widodo and Abe discussed several projects: the Patimban seaport, the revitalization of the northern Java railway, and the Batang power plant.

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  • Indonesia-Japan Economic Partnership Agreement (IJEPA) Reviewed

    Indonesia-Japan Economic Partnership Agreement (IJEPA) Reviewed

    Indonesian Trade Minister Rachmat Gobel said that the continuation of economic cooperation between Indonesia and Japan, as set out in the Indonesia-Japan Economic Partnership Agreement (IJEPA), is to be reviewed soon by both countries. Gobel met Japan’s Prime Minister Shinzo Abe and Japan’s Minister of Economy, Trade and Industry Yoichi Miyazawa in Tokyo today. In the IJEPA it was mentioned that cooperation between both countries can be reviewed after the bilateral free-trade agreement had been in effect for five years.

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  • Indonesia & the Global Economy; Rupiah Hit by China & Japan Data

    On Monday morning (08/12), the Indonesian rupiah exchange rate quickly plunged after the release of weak macroeconomic data from Japan and China, two important trading partners of Indonesia. Economic growth in Japan, the world’s third-largest economy, contracted 0.5 percent (quarter-to-quarter) in Q3-2014, while Chinese imports fell 6.7 percent (year-on-year) in November 2014. As a result the Indonesian rupiah had depreciated 0.54 percent to IDR 12,365 per US dollar by 11:30 am local Jakarta time, the weakest level in six years.

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Latest Columns Shinzo Abe

  • Infrastructure Indonesia: Jakarta-Surabaya Railway & Patimban Seaport

    Infrastructure Indonesia: Jakarta-Surabaya Railway & Patimban Seaport

    After Japan was disappointed by not being awarded the contract to build a high-speed railway between Indonesia's capital city of Jakarta and Bandung (West Java), the Indonesian government now plans to offer the revitalization of the northern Java railway to Japan. Another project that is expected to be offered to Japan is the Patimban seaport project in Subang (West Java). Indonesian President Joko Widodo is currently in Japan for a two-day visit to attend the Group of Seven summit on invitation of Japanese Prime Minister Shinzo Abe.

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  • Currency Update: Japanese Yen Depreciates to Lowest Level in 7 Years

    After the currency of Japan (yen) had weakened to its lowest level in seven years against the US dollar on Tuesday (11/11), the currency rebounded today (12/11) as speculation spread that Japan’s Prime Minister Shinzo Abe is not considering to dissolve parliament and to postpone a planned sales-tax increase. Japan’s currency had gained 0.4 percent to 115.31 per US dollar at 9:02 am London time according to Bloomberg data (yesterday it had touched a seven-year low at 116.10 per US dollar).

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  • Indonesian Rupiah Falls 0.57% but Benchmark Stock Index Gains 1.34%

    Various factors contributed to the 1.34 percent rise of Indonesia's benchmark stock index (also known as the Jakarta Composite Index or the IHSG) on Monday (18/11) to 4,393.59 points. Firstly, the index was supported by other major Asian stock indices which all benefited from rising indices on Wall Street and in Europe at the end of last week. Secondly, the IHSG felt the positive impact from speculation that the government of China will reform its economy in order to spur economic growth.

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  • Update APEC Meeting Bali: Foster Less Protectionism, More Liberalization

    Update APEC Meeting Bali: Foster Less Protectionism, More Trade Liberalization

    Liberalization of trade and investment among the Asia-Pacific Economic Cooperation (APEC) members should be expanded and governments should refrain from using any protectionist measures. Meanwhile, the private sector plays an important role in the economic expansion of the Asia-Pacific and governments should create a conducive investment climate for this sector. This was the main message conveyed in the speech of John Kerry, US minister of foreign affairs who replaced Barack Obama at the APEC Leader Summit.

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  • Profit Taking Turns Indonesia's Stock Index Back into Negative Territory

    As I wrote before, profit taking in combination with mixed movements of global stock indices resulted in the limited movement of Indonesia's main stock index (IHSG) on Monday (22/07). The IHSG was corrected 0.96 percent to 4,678.98. All of the sectoral indices weakened, except for the plantation and mining sectors. As there were no positive news publications that would make investors buy assets, they decided to engage in profit taking after the IHSG had risen for five consecutive days.

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  • Indonesia's Stock Exchange (IHSG) Ends Week on a New Record High

    The pace of the upward movement of Indonesia's main stock index (IHSG) was beyond expectation. While American and European stock indices were weak on Thursday (16/05/13) and Hong Kong's HSI as well as South Korea's KOSPI were closed due to holidays, it did not bring a negative impact on the IHSG. Particularly consumer and coal miner stocks supported the IHSG's rise. At the end of Friday's trading day (17/05/13), the IHSG hit a new record high level: 5,154.68 points, an 1.32 percent increase.

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  • Indonesia Stock Exchange Down Despite Positive Asian Market Sentiments

    On Thursday's trading day, the Indonesia Stock Exchange (IHSG) was tame and weakened again. Foreign market participants were mostly selling their Indonesian assets and influenced domestic investors to behave similarly. Most other Asian stock markets, however, turned positive and were followed by good European openings. It did not prevent the IHSG from losing 49.07 points, or 1.01 percent to 4,786.37. Trade volume increased, while total value of transactions decreased.

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  • Indonesia Stock Exchange Heads Towards New Psychological Boundary of 4,800

    Today, the Indonesia Stock Exchange (IHSG) reached yet another new record high as most market participants used the current positive market sentiments to maintain their stock portfolios, although part of the investors also took the chance to engage in profit taking. Most Asian stock markets gained significantly which was followed by positive openings of European stock indices. Both developments impacted heavily on the IHSG.

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