Below is a list with tagged columns and company profiles.

Today's Headlines USA

  • Stock Market & Rupiah Update Indonesia: US Election Jitters

    Stock Market & Rupiah Update Indonesia: US Election Jitters

    Asian stocks are under heavy pressure on Wednesday (02/11) as the latest polls in the USA are suggesting that the US presidential race between market favorite Hillary Clinton and controversial candidate Donald Trump is closer than initially expected. Narrowing polls cause concern about future US economic policy after the election on 8 November 2016. Earlier, Trump expressed criticism on the Federal Reserve, claiming that the US central bank is engaged in politics by maintaining the loose monetary policy.

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  • Analysis Indonesian Economy: What about Indonesia's Economy in 2017?

    Analysis Indonesian Economy: What about Indonesia's Economy in 2017?

    Although the economy of Indonesia will continue to face challenges in 2017, there are a couple of matters that give rise to optimism about accelerating economic growth. These were the conclusions drawn at the Entrepreneur Networking Forum that was held by Bank Tabungan Negara Pensiunan Nasional in Bandung (West Java) on Wednesday (14/09). Although expectations were recently revised down (due to government budget cuts), Indonesian economic growth is still set to rebound in 2016 after having experienced several years of slowdown.

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  • Stock Market Update Asia: Indonesian Shares Tumble

    Stock Market Update Asia: Indonesian Shares Tumble

    Most Asian stocks are in the red zone on Monday (09/05) and Indonesia's benchmark Jakarta Composite Index is leading declines. At the end of the first trading session Indonesian shares were down 1.15 percent at 4,767.32 points. Important issues that influence the performance of Asian stock markets are China's April trade data and US April jobs data. Meanwhile, crude oil prices continued to rally and the yen finally weakened against the US dollar (hence supporting Japanese stocks).

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  • US Anti-Dumping Duties on Imports of Indonesia's Uncoated Paper Sheets

    US Anti-Dumping Duties on Imports of Indonesia's Uncoated Paper Sheets

    Although not final yet, the United States plans to impose anti-dumping duties on imports of uncoated paper sheets from Indonesia. On Monday (11/01) the US Commerce Department said it plans to introduce anti-import duties in the range of 2.05 percent to 222.46 percent for uncoated paper sheet imports from Indonesia, Australia, China, Portugal and Brazil. On 22 February 2016 the final decision is expected to be announced by the US Commerce Department.

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  • Stock Market Update Indonesia: Stocks Climb on Strong US GDP & Rising Oil Price

    Stock Market Update Indonesia: Stocks Climb on Strong US GDP & Rising Oil Price

    Most Asian stock markets are strengthening on Friday after indices on Wall Street rose yesterday on strong US economic growth. The US economy grew 3.7 percent (y/y) in the second quarter of 2015 (much higher than the 2.3 percent estimated previously). As a result, the Dow Jones Industrial Average surged 2.27 percent while global oil prices rebounded over 10 percent on Thursday (27/08).

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  • ADB Cuts Asia’s Economic Growth Outlook on Slowing Growth China & USA

    ADB Cuts Asia’s Economic Growth Outlook on Slowing Growth China & USA

    The Asian Development Bank (ADB) announced that it cut its 2015 and 2016 economic growth forecasts for both China and other developing Asian countries due to the persistent economic slowdown in the world’s second-largest economy. China’s economic expansion is projected to reach 7 percent (y/y) in 2015 and 6.8 percent (y/y) in 2016. Both these outlooks were down 0.2 percentage point from the ADB’s previous projection. Due to the size of China’s economy, economic slowing will drag down growth in the whole Asian region.

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  • Export Indonesia: Barack Obama Signs Generalized System of Preference

    Export Indonesia: Barack Obama Signs Generalized System of Preference

    One of the reasons why Indonesia’s economic expansion has been slowing in recent years is weak export performance. Amid sluggish global economic growth, particularly slowing growth in China (one of the key trading partners of Indonesia), global demand for commodities and other products have declined. Indonesia, an important commodity exporter, immediately feels the impact of falling demand. However, Indonesian exports to the USA may rise after President Barack Obama signed new legislation related to US import tariffs.

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  • Gelar Batik Nusantara 2015: Indonesian Batik Popular in the USA

    Gelar Batik Nusantara 2015: Indonesian Batik Popular in the USA

    According to Indonesia’s state news agency Antara, the United States (US) have become the largest export destination for Indonesian batik. Approximately 37 percent of Indonesia’s total batik export is shipped to the US, the world’s largest economy. Batik is a traditional textile produced by using a technique of wax-resist dyeing applied to cloth. Although several other countries also produce batik, the most well-known batik originates from the island of Java (batik was recognized as a World Cultural Heritage by the UNESCO in 2009).

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  • Indonesian Rupiah Hovering Near 17-Year Low on Thursday

    As the Indonesian rupiah continued to depreciate on Thursday (04/06), touching a 17-year low, a central bank official tried to ease concerns by stating that Bank Indonesia is always in the foreign exchange and bond markets to monitor movements and ease volatility. On Thursday morning the bond yield, which has been rising since Friday (29/05), was 8.198 percent. Based on the Bloomberg Dollar Index, Indonesia's rupiah had depreciated 0.11 percent to IDR 13,245 by 11:10 am local Jakarta time.

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  • Market Update: Indonesian Stocks & Rupiah Strengthen on Friday

    Market Update: Indonesian Stocks & Rupiah Strengthen on Friday

    Indonesian stocks and the rupiah improved on the last trading day of the week supported by moderately rising indices on Wall Street on Thursday (07/05), which was in stark contrast to heavy selling that occurred one day earlier after Federal Reserve Chair Janet Yellen’s statement that US stock prices may be overvalued. Meanwhile, weak trade data from China could a reason for policymakers to provide more stimulus. Indonesia’s benchmark stock index climbed 0.62 percent to 5,182.21 points on Friday (08/05).

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Latest Columns USA

  • Asian Stock Indices Mixed but Indonesia's IHSG Continues to Rise

    IHSG - Indonesia Stock Exchange - 18 July 2013 - Indonesian Index - Indonesia Investments

    Indonesia's main stock index (IHSG) went up 0.89 percent to 4,720.44 on Thursday (18/07). The index was supported by developments in the United States. On Wednesday (17/07), Ben Bernanke spoke to the US Congress and said that the Federal Reserve is likely to continue its bond-buying program in 2013 and may gradually withdraw the quantitative easing program in 2014. But only if economic recovery of the US provides the good context. This message supported the IHSG although foreign investors continued to record a net sale.

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  • Jakarta Composite Index Continues Upward Trend due to Retail Sales

    Retail sales in May 2013 rose 1.5 percent (month to month) or 8.6 percent (year on year) in Indonesia according to a publication of Indonesia's central bank (Bank Indonesia) released on Tuesday evening (16/07). The report made a positive impact on today's trading day as stocks in Indonesia's consumer goods sector rose 2.5 percent. Indonesia's main stock index (IHSG) gained 0.75 percent to end at the level of 4,679.00 points. Foreigner investors are still mostly avoiding the Indonesian stock market, but did record a net purchase today.

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  • Indonesia's Ceramics Revenues Grow 27% in Semester I - 2013

    Indonesia's ceramic industry recorded sales amounting to IDR 14 trillion (USD $1.4 billion) in the first six months of 2013. This implies a 27 percent increase compared to ceramic sales in the same period in 2012. The increase is particularly caused by higher sales prices in January and March 2013 which were introduced to mitigate higher gas and electricity tariffs as well as higher minimum wages. Generally, ceramic prices rose 10 to 15 percent. Ceramics sales volume in semester I-2013 increased to 190 million m² from 180 m² in 2012.

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  • Amid Weak Asian Indices, Indonesia's Main Stock Index Falls 3.68%

    Indonesia's main stock index (IHSG) fell 3.68 percent to 4,433.63 on Monday's trading day (08/07). This current level is the lowest level of the IHSG since 26 June 2013. Of the 473 listed companies, 263 were down, 21 were up and the remainder did not move. Most Asian indices fell due to concerns about China's credit crisis that may impact on the country's economic growth and that the positive US employment report will affect continuation of the Federal Reserve's quantitative easing program. The MSCI Asia Pacific Index fell 1.6 percent.

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  • Indonesia's Stock Index Rises 0.46% but Market is Waiting for US Data

    Indonesia's main stock index (IHSG) went up 0.46 percent to 4,602.81 on Friday (05/07). The index followed the general trend in Asia, where most stock indices rose. Of all 473 listed companies on the Indonesia stock exchange (IDX), 102 rose, 140 weakened, and 113 did not move. Foreign investors are still withdrawing their money from the IHSG. Today, foreigners recorded a net sale of IDR 260.7 billion (USD $26 million). Basic industry and consumption were the sectors that provided most support for the IHSG.

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  • Indonesia's Stock Index (IHSG) Slightly Up after Release US Data

    Higher American indices after the release of ADP employment change and lower initial jobless claims made an indirect impact on Asian stock indices, including Indonesia's main stock index (IHSG) on Thursday (04/07). Investors used the positive outcomes of these data to start purchasing stocks, although in limited quantities. Foreign investors, however, are still selling more Indonesian shares than they buy, which subsequently results in limited growth of the IHSG on Thursday (04/07). The index grew 0.10 percent to 4,581.93.

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  • Indonesian, American and European Stock Indices on Wednesday (03/07)

    IHSG - Indonesia Stock Exchange - 3 July 2013 - Indonesian Index - Indonesia Investments

    Indonesia's main stock index (IHSG) took another large blow on Wednesday (03/07). The index fell 3.20 percent to 4,577.15 points as investors were worried after reading the revised outlook of the World Bank. The institution downgraded its forecast for economic growth in Indonesia in 2013 from 6.2 percent to 5.9 percent. Higher inflation, because of the recent subsidized fuel price hike, is expected to result in lower domestic consumption. The IDR rupiah posted a slight weakening to IDR 9,941.

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  • World Bank Downgrades Growth; Indonesia Stock Exchange Falls 3.20%

    Weakening American and European stock indices on Tuesday (02/07), as investors mostly refrained from trading ahead of Wednesday when a number of important US economic data are released, caused negative market sentiments in Asia today (03/07). Moreover, the market responded negative towards the World Bank's July report in which the outlook for economic growth of Indonesia in 2013 was cut to 5.9 percent (from 6.2 percent). Lastly, a gap at 4,620 - 4,644 still needed to be closed.

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  • Positive Impact Wall Street on Indonesia's Stock Index (IHSG)

    For the third day in a row, Indonesia's main stock index (IHSG) made a strong upward jump on Friday (28/06). Supported by strong American and European stock indices on the previous trading day, the IHSG rose 3.06 percent to 4,818.90 points. American and European indices mostly rose on Thursday (27/06) due to various positive macroeconomic data from the USA. These economic data translated into the good performance of the IHSG and other Asian stock indices on Friday. All sectoral indices of the IHSG were reported to have grown.

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  • Indonesia Stock Exchange Influenced by US Economic Data and Fed Stance

    Stock indices in the United States were up for the third day in a row on Thursday (27/06). Main reason for this upward trend are various positive macroeconomic figures from the USA. The number of homes under contract to be sold (excluding new construction) grew 6.7 percent in May, while analysts had forecast growth of about 1 percent from the previous month. Personal spending, which accounts for about 70 percent of the domestic economy, grew 0.3 percent in May, while personal income rose 0.5 percent.

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