Below is a list with tagged columns and company profiles.

Today's Headlines USA

  • American Officials Investigate USA - Indonesia Trade Relations

    Based on statements of officials at Indonesia’s Trade Ministry, the USA started its investigation into the trade deficits the USA has with 16 countries, including Indonesia. Two months ago US President Donald Trump ordered this trade probe as part of his “America First” policy. Trump wants the USA to have the upper hand (meaning a trade surplus) in trade relations.

    Read more ›

  • Impact Hawkish Federal Reserve on Stock Markets Across Asia

    Impact Hawkish Federal Reserve on Stock Markets Across Asia

    As widely expected, the Federal Reserve kept its benchmark interest rate unchanged after May's two-day policy meeting that was concluded on Wednesday (03/05). The US central bank also delivered a rather hawkish policy statement, downplaying weak Q1-2017 economic growth and emphasizing the strength of the US labor market. This implies the Fed is still on track for two more rate hikes in the remainder of 2017.

    Read more ›

  • What is the Impact of Trump's Corporate Tax Reforms on Indonesia?

    What is the Impact of Trump's Corporate Tax Reforms on Indonesia?

    The economies of Indonesia and other countries in Southeast Asia may feel the impact of US President Donald Trump's impending tax reforms. Currently markets are focused on these reforms. On Wednesday (26/04) Trump is set to propose steep cuts in US corporate taxes (from 35 percent to 15 percent) and the tax rate on offshore earnings that are repatriated (from 35 percent to 10 percent), while individual taxes will be simplified. These proposals will require US Congress approval before implementation.

    Read more ›

  • Pence Brings Home $10 Billion of Indonesia-US Business Deals

    Pence Brings Home $10 Billion of Indonesia-US Business Deals

    The visit of American Vice President Mike Pence to Indonesia was fruitful in terms of investment. A total of 11 commercial and investment deals were signed between Indonesian and US companies that is estimated to have a combined value of USD $10 billion. On Thursday morning (20/04) Pence met Indonesian President Joko Widodo to discuss overcoming obstacles that limit bilateral trade and investment between both nations. One day later Pence departed to Australia.

    Read more ›

  • US Vice President Pence's Visit to Indonesia Meets Resistance

    US Vice President Pence's Visit to Indonesia Meets Resistance

    US Vice President Mike Pence plans to visit Indonesia next week. Indonesia is Pence's third stop during his April 15-25 Asia-Pacific tour. Aim of this short tour is to safeguard and enhance good relations with several Asia-Pacific nations, including Indonesia, as well as boosting regional security cooperation. However, there is plenty of resistance to Pence's visit to Indonesia. Some say he could better cancel the visit as the visit would put the Indonesian government in an awkward position.

    Read more ›

  • Federal Reserve Raises Rate by 0.25%, What's the Impact on Asia?

    Federal Reserve Raises Rate by 0.25%, What's the Impact on Asia?

    In line with expectations, the Federal Reserve raised its benchmark interest rate by 25 basis-points to the range of 0.75 - 1.00 percent on Wednesday (15/03). It was the Fed's third rate hike in the past 15 months. As this hike had already been expected by basically all market participants it was more important to learn the Fed's stance on the pace and number of further rate hikes in 2017. On this matter Fed Chief Janet Yellen remained rather dovish, saying any further hikes in 2017 would be gradual. Wall Street now expects to see two more hikes in 2017.

    Read more ›

  • US Vice President Mike Pence to Visit Indonesia in April 2017

    US Vice President Mike Pence to Visit Indonesia in April 2017

    As part of his Asia-Pacific tour, US Vice President Mike Pence plans to visit Indonesia in April 2017. Any dates have bot been finalized yet and therefore the tour has not been announced officially yet. However, an official within the administration of US President Donald Trump said Pence is making the Asia-Pacific tour next month in order safeguard and enhance good relations with several Asia-Pacific nations.

    Read more ›

  • Trump's Trade Policies Positive for Indonesia's Footwear Industry?

    Trump's Trade Policies Positive for Indonesia's Footwear Industry?

    Indonesia's exports of footwear to the United States (USA) are expected to reach the value of USD $1.5 billion in 2017, up 12 percent year-on-year (y/y) from USD $1.34 billion last year. This increase is expected to come on the back of US President Donald Trump's eagerness to limit imports from China by introducing higher tariffs. This policy should now open up opportunities for Indonesian footwear exporters.

    Read more ›

  • Stocks & Rupiah Indonesia: Trump's Travel Ban Causes Uncertainty

    Stocks & Currency Indonesia: Trump's Travel Ban Causes Uncertainty

    Shares in Asia (as well as US stock futures) are trading lower, while the US dollar is sliding on Monday (30/01) after US President Donald Trump announced to curb immigration into the USA. This move sparked wide criticism at home and abroad, while giving rise to uncertainty about future (unpredictable) US political and economic policies. Since Friday (27/01) refugees from seven predominantly Muslim countries - Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen - are banned (for 90 days) from entering the USA.

    Read more ›

  • Breaking: Donald Trump Sworn in as 45th US President in Washington

    Breaking: Donald Trump Sworn in as 45th US President in Washington

    US president-elect Donald Trump was sworn in as the 45th president of the USA at the Capitol in Washington on Friday (20/01). The ceremony was joined by all (still living) former US presidents and first ladies, except for George H.W. Bush and Barbara Bush (due to health issues). The inauguration, which is estimated to cost USD $200 million, was highly secured. However, at several other locations in Washington, activists staged demonstrations. Some of these demonstrations led to broken windows of nearby buildings (on Saturday bigger demonstrations were staged).

    Read more ›

Latest Columns USA

  • Indonesia's Benchmark Index (IHSG) Rises 1.88% on Tuesday

    Yesterday's rising indices on Wall Street, high expectations of companies' financial reports and positive statements regarding economic growth in China resulted in a good day at the Indonesia Stock Exchange (IDX). Indonesia's main stock index, the IHSG, rose 1.88 percent to 4,767.16 on Tuesday (23/07), even though technical indicators seemed to predict a weakening of the index. Also the continued fall of the Indonesian rupiah did not turn investors away from the market. In fact, foreign investors were net buyers of Indonesian stocks.

    Read more ›

  • Indonesia's Stock Index Ends Week in the Plus, while Asia Weakens

    Indonesia's main stock index (IHSG) ended the last trading day of this week in the plus. The index rose 0.08 percent to 4,724.41. The growth was limited because most Asian stocks fell as investors are looking for profit after a positive trading week. Global stock indices had a relatively good week after Ben Bernanke stated that the quantitative easing program (the Federal Reserve's monthly USD $85 billion bond-buying package), will continue as long as the US economy needs it, which gives rise to a low interest rate environment.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

No business profiles with this tag