YEAR 2020 started with heightened inflationary pressures but stronger rupiah. Monthly inflation hiked to 0.39% in Jan. largely was due to the substantial increase in food prices as the impact of rainy season and floods. Rupiah continued on an appreciation trend in Jan., but it weakened in end of month especially due to the markets’…
The electricity blackout lasting for many hours on Sunday 4 August had adversely affected business activity, include in retail sector.
The growth of Indonesia’s economy, as reflected in its GDP, only reached 5.05% y-o-y in Q2/2019, much lower than 5.27% in Q2/2018. and the slowest pace in the past six quarters.
The development of basic infrastructure such as roads, water resources, and housing will be the initial stages in developing the new capital of Indonesia.
Food and basic metal industries were two largest contributors to the realization of direct investment in Indonesia’s manufacturing sector during the first semester of 2019.
The monthly inflation of Consumer Price Index (CPI) dropped to 0.31% in July from 0.55% in the previous month.
The Indonesian Healthcare Insurance Agency (BPJS Kesehatan) potentially will suffer a deficit up to Rp.28 trillion by the end of 2019.
PT Semen Indonesia, a publicly listed state-owned cement producer, recorded a 50% y-o-y drop of net profit in the first half of 2019.
The Japanese conglomerate SoftBank has invested US$2 billion in the Southeast Asian ride hailing Grab to be reinvested in Indonesia over the next five years.
The Investment Coordinating Board (BKPM) reported a realization of direct investment in Indonesia during the first half of 2019.