NEWS FLASH

UPCOMING WEBINAR - PANAMA AND DOMINICAN REPUBLIC ELECTIONS OUTLOOK...

​Indonesia: Waiting for the final count
INDONESIA · Report · 01 May 2019

Immediately after the people cast their votes on April 17, 2019, there was a short period of uncertainty, after one presidential candidate claimed his victory several times in the race for the presidency. Acting as a real statesman, President Jokowi gave a short speech, in which in general he wel...

Indonesia: Quick Count Result
INDONESIA · In Brief · 17 Apr 2019

Indonesian Presidential Election has been done in Indonesia today, April 17, 2019 peacefully. There were no reports of conflicts during the election done throughout the islands of Indonesia. As predicted by majority of polling companies, President Jokowi won the election based on the quick count ...

​Indonesia: On the run-up to the presidential election
INDONESIA · Report · 01 Apr 2019

In the month of March, everyone in the country was stung by election fever - not only intellectuals or the middle class, but also people at the grass-roots level. In fact, one candidate used a strategy effectively implemented by President Donald Trump, which is “the firehose of the falsehood” str...

​Indonesia: Arguing the accuracy of the national account statistics
INDONESIA · Report · 28 Feb 2019

The Indonesian Central Board of Statistics released in early February the national accounts data for the Q4 2018 performance of the economy. As predicted in our earlier report, in Q4 2018 the economy was reported to have grown at the rate of 5.18%, which led to overall growth of 5.17% for the ent...

Improving investors’ confidence
INDONESIA · Report · 01 Feb 2019

In the last quarter of 2018 and in January 2019, we have seen the return of investors’ appetite to invest in Indonesia. The Indonesian stock market has been surging on the back of improved capital inflows. As of this writing, the Jakarta Composite Index, the country’s main stock market index, has...

Ending 2018 with confidence
INDONESIA · Report · 28 Dec 2018

The month of December 2018 is set to end with greater confidence. Indonesian President Joko Widodo inaugurated the last stretches of the Trans Java toll road on December 20, 2018, and on the following day holiday travelers started to utilize the road happily. Many Indonesians celebrate Christmas ...

Has the rupiah started to rebound?
INDONESIA · Report · 29 Nov 2018

The Indonesian economy has recently enjoyed some small relief because of the “rebound” of the rupiah, after it depreciated continuously over the past several months. Having fallen to more than Rp.15,000 per greenback, the Indonesian currency gained a bit of strength in November. As of this writin...

The success of international events in the midst of disaster recovery
INDONESIA · Report · 29 Oct 2018

In the month of September 2018, disasters hit the area of Central Sulawesi, especially in Palu, Donggala and Sigi. A huge earthquake created deadly tsunamis and flooding, which especially hit Palu just shortly after the earthquake. That earthquake followed another large earthquake that hit Lombok...

Good economic news in the midst of uncertainty
INDONESIA · Report · 02 Oct 2018

This publication reports on developments in September prior to the tragic earthquake over the past weekend. We will keep you apprised of that situation in coming reports. The month of September 2018 brought several pieces of good economic news. The first was the report of the Minister of Finan...

The Allure of Bread and Circuses
INDONESIA · Report · 03 Sep 2018

The 2018 Asian Games began a few days ago, and the headlines have been filled with stories of the athletes’ heroic achievements. Just as in the Roman Empire, this grand event has managed to draw public attention away from various problems, such as the heated preparations for the presidential elec...

The return of optimism
INDONESIA · Report · 30 Jul 2018

After displaying some pessimism, Kompas Daily, the most prestigious and credible newspaper in Indonesia, reported the return of optimism in the FMCG (fast-moving consumer goods) industries. A number of retailers gave testimony to the optimism they shared. The FMCG industries also reported better-...

Annual exodus
INDONESIA · Report · 02 Jul 2018

The month of June was full of interesting economic activity. In the first half of the month, the majority of Indonesians were finishing their fasting month. The peak was the big holidays, similar to the Christmas holidays in western countries. This year, the holidays lasted for around 10 days, wh...

Bank Indonesia raises the benchmark rate
INDONESIA · In Brief · 31 May 2018

At a special policy meeting on May 30, Bank Indonesia announced another increase in the benchmark rate by 25 basis points, to 4.75 percent. The rate increase, as we suggested in our most recent report, was able to reverse expectations, so that the exchange rate of the rupiah turned to Rp. 13 thou...

The Central Bank acts to stabilize the rupiah
INDONESIA · Report · 30 May 2018

Like many other emerging economies, the Indonesian economy has been challenged by the policy undertaken by the US Fed, which has raised its interest rates for the last few quarters and has strongly indicated it will raise the Fed Funds rate further. Being a small open economy, Indonesia is not im...

Renewed Rupiah volatility
INDONESIA · Report · 01 May 2018

The Indonesian economy is currently facing a new challenge of “monetary uncertainty”. Part of the reflection of this uncertainty is the renewed volatility in the exchange rate of the rupiah. Having achieved a certain level of stability for the past few years, the Indonesian economy once again ...