• Palm Oil Price Fell in Q1-2018, Uncertain Impact of Trade War

    The crude palm oil (CPO) price weakened 3.85 percent to 2,425 Malaysian ringgit per metric ton in the first quarter of 2018. Key reason behind this decline is increased CPO output in Indonesia and Malaysia, the world's two top palm oil producers that - together - account for around 85 percent of total global CPO production.

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  • Indonesia's Overall Credit Growth Sluggish, Consumer Credit on the Rise

    Consumer credit has been the driver for credit growth in Indonesia's banking sector in the first two months of 2018. Within consumer credit it are the multipurpose and motor vehicles segments that show good growth. Based on data from Indonesia's central bank (Bank Indonesia) consumer credit grew 11.1 percent year-on-year (y/y) to IDR 1,392.4 trillion (approx. USD $101.6 billion) in February 2018, accelerating from a 10.4 percent (y/y) growth pace in the preceding month.

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  • Tourism in Indonesia: Rising Foreign Visitor Arrivals in February 2018

    Foreign visitor arrivals in Indonesia showed good growth in February 2018. Based on the latest data of Statistics Indonesia (BPS), a total of 1.2 million foreigners entered Indonesia for a short visit in the second month of 2018. This constitutes a 9.1 percent increase compared to the preceding month and a 17.4 percent increase compared to February one year ago.

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  • Sarimelati Kencana & Sriwahana Adityakarta to List on Indonesia Stock Exchange

    Two companies are ready to conduct their initial public offering (IPO) on the Indonesia Stock Exchange in the second quarter of 2018. Firstly, Sarimelati Kencana, the operator of Pizza Hut Indonesia, is set to offer a 20 percent stake to the public in May 2018. Secondly, Sriwahana Adityakarta, a company that produces carton boxes, paper cones, and paper tubes, will offer a 22 percent stake to the public in June 2018.

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