One of Indonesia’s largest consumer goods producers, Unilever Indonesia, recorded better than expected sales and net profit growth in the first quarter of 2015, signalling that purchasing power of Indonesians - amid the country’s economic slowdown - may not be as weak as previously expected. The local unit of Netherlands-based Unilever Holding B.V. attributed its strong performance to lower finance costs (interest and other borrowing costs), rising sales, and a higher average selling price.
Update COVID-19 in Indonesia: 365,240 confirmed infections, 12,617 deaths (19 October 2020)
19 October 2020 (closed)
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