• Indonesia's Coal Price Fell in December, Strong Rebound in FY-2017

    Indonesia's benchmark thermal coal price (Harga Batubara Acuan, or HBA) - set on a monthly basis by Indonesia's Energy and Mineral Resources Ministry (and which is based on domestic and international coal indices) - fell 0.8 percent to USD $94.04 per metric ton in December 2017. This decline is attributed to falling coal demand in China where authorities decided to curb coal imports.

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  • Indonesia's Manufactured Products Not Enough Varied & Innovative

    Indonesia's manufacturing sector has seen its contribution to overall Indonesian macroeconomic growth sliding over the past two decades. The cause is the lack of new and innovative products in this sector. This is the conclusion of Ricardo Hausmann, Director of the Center for International Development and a Professor of the Practice of Economic Development at the John F. Kennedy School of Government at Harvard University.

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  • E-Commerce in Indonesia: Many Consumers Look Offline, Buy Online

    Based on a new survey, conducted by ShopBack Indonesia, two out of every five Indonesians buy a product online after having seen the product in an offline store. The survey mentions that 42.2 percent of women and 40.7 percent of men indicate that they have seen the goods directly in the physical store (offline) first and then decide to buy the goods online.

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  • Manufacturing Industry Indonesia: Gov't Optimistic to See Growth

    Over the past decades, Indonesia's manufacturing industry has developed from a significant growth engine (for the whole economy) into a less significant one. Prior to the Asian Financial Crisis in 1997-1998, non-oil & gas manufacturing accounted for 30 percent of Indonesia's gross domestic product (GDP). Today, however, the figure is around 18 percent. If we add the oil & gas industry, then the figure rises only slightly to 19.9 percent.

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