• Domestic Cement Sales & Exports Semen Indonesia Rise in October

    Indonesia's state-controlled cement manufacturer Semen Indonesia experienced a 8.8 percent year-on-year (y/y) increase in domestic cement sales to 2.77 million tons in October 2017. Meanwhile, the company's cement exports jumped a whopping 131.2 percent (y/y) in the same month. However, these exports (145,271 tons of cement in October 2017) come from a low base.

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  • Gaikindo Lowers Forecast for Indonesia's 2017 Car Sales

    The Association of Indonesian Automotive Industries (Gaikindo) lowered its forecast for car sales in Indonesia in full-year 2017. Initially Gaikindo expected to see 1.1 million car sales in Indonesia this year. However, the target has now been revised to 1.06 million units. The revision was particularly attributed to weak sales within the (lower) middle class segment.

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  • Uncertainty about Gas Price Undermines Investment in Indonesia

    The high gas price in Indonesia is unattractive and therefore discourages investment realization in Southeast Asia's largest economy, especially investment in the Chemical, Textile and Miscellaneous Industries (CTMI) segment. The main contributors to investment in this segment are the chemical and pharmaceutical industries.

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