• Corporate & Financial Headlines in Indonesia: Daily Market Roundup

    What were the important corporate news headlines from Indonesia on Thursday 14 August 2014? Below Indonesia Investments presents the daily market roundup. This includes the following companies and topics: XL Axiata, Telekomunikasi Indonesia (Telkom), Kalbe Farma, Telekomunikasi Seluler, Telkomsel, Golden Agri Resources, Matahari Putra Prima, Loop card, Lippo Group, Hypermarts, the Industry Ministry of Indonesia, technology businesses, and the ASEAN Economic Community (AEC).

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  • Property in Indonesia: Demand for Apartments in Jakarta Still Strong

    With continued economic growth in Indonesia, thus giving rise to higher per capita GDP, the property market is still expanding rapidly, particularly in the bigger cities such as Jakarta (the political and economic center of Indonesia). By 2015, 46 new property projects will add nearly 25,000 new apartments in Jakarta (‘strata title’, a term that refers to the multi-level apartment blocks and horizontal subdivisions with shared areas) with a combined value of about IDR 23 trillion (almost USD $2 billion).

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  • Daily Indonesian Market Roundup: Corporate & Financial Headlines

    What are the important corporate news headlines from Indonesia on Wednesday 13 August 2014? Below we present our daily market roundup. This includes the following companies and topics: Saratoga Investama Sedaya, Bumi Resources, First Resources Ltd, Indosat, Intiland Development, Nusantara Infrastructure, Semen Indonesia, Apexindo Pratama Duta, Dwi Aneka Jaya Kemasindo, Sumitomo Corporation, Gilang Agung Persada, Rekayasa Industri, tin sales, and undisbursed loans.

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  • Bank Indonesia Expected to Keep Key Interest Rate (BI Rate) at 7.50%

    The central bank of Indonesia (Bank Indonesia, BI) is expected to keep its benchmark interest rate (BI rate) at 7.50 percent at Thursday’s Board of Governors’ Meeting (14/08) as inflation has eased to 4.53 percent (year on year) in July while the country’s current account deficit may nearly double in the second quarter of 2014 to four percent of gross domestic product (GDP) from 2.06 percent of GDP in the previous quarter. Most analysts expect that Bank Indonesia will maintain the current BI rate for the remainder of 2014.

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