• Stocks & Currency Update Indonesia: Jakarta Composite Index & Rupiah

    Asian stocks and emerging market currencies continue to be under pressure on Thursday morning (28/06) amid uncertainty regarding US authorities' stance on Chinese investment in US tech companies, ongoing concerns over the impact of simmering global trade woes on economic growth, and rising crude oil prices. However, as we approach the lunch break there are some signs of a rebound in Asian markets.

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  • Local Elections Indonesia: Who Are Winning Based on the Exit Poll?

    On Wednesday (27/06) around 150 million people are estimated to have cast their vote for the local elections in 169 regions across Indonesia (in two Papuan districts elections were delayed due to administrative and security reasons). There have not been any reports of disturbances (including fraud) and we can therefore assume that the elections went peacefully (and fair) across Indonesia.

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  • Bank Indonesia Delays June Monthly Policy Meeting by One Day

    Earlier this week, Wednesday 27 June 2018 was declared a public national holiday by the Indonesian government through Presidential Decision No. 48/2018. Reason being the local elections that are held in 171 regions across Indonesia. A free day would provide more opportunities for workers to cast their vote. Earlier, the Indonesia Stock Exchange had already confirmed that it would operate as usual on this regional election day.

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  • Coal Mining Indonesia: Rising Output in 2018 on High, Stable Price

    This year's coal production in Indonesia is likely to top last year's figure of 461 million tons. In fact, coal production in 2018 may also exceed the production quota that was set by the Indonesian government as the nation's coal miners are eager to boost coal production amid stronger coal prices. Starting from 2015 coal prices have been in an upward trend; a trend that is continuing to date.

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