• Exports of Indonesia's Automotive Sector Grow 10.4% in First Quarter 2014

    The national automotive industry of Indonesia recorded export growth of 10.4 percent in the first quarter of 2014 (year-on-year). Statistics Indonesia said that exports in the automotive industry (which includes automobiles and motorcycles) were worth USD $1.27 billion in the first three months of the year, compared to USD $1.15 billion in the same period in 2013. However, the automotive industry of Indonesia only contributes 3.49 percent to the country's total non-oil & gas exports.

    Lanjut baca ›

  • Low Per Capita Ceramic Consumption in Indonesia Provides Opportunities

    The Indonesian ceramic industry is expected to continue its steady growth in 2014. Chairman of the Indonesian Ceramic Industry Association (ASAKI) Elisa Sinaga said that ceramic sales may reach IDR 36 trillion (USD $3.1 billion) in 2014. Most of these sales - approximately 87 percent - are sold on the domestic market, while the remainder is exported. The sales volume of sanitary ceramics (used on walls and floors) is targeted at 410 million m2 this year (worth roughly IDR 27 trillion), up from 360 million m2 in 2013 (IDR 24 trillion).

    Lanjut baca ›

  • Source of Inspiration: Warren Buffett's Top 15 Holdings as of 31 March 2014

    American business tycoon - and perhaps the most famous and successful investor - Warren Buffett has become one of the richest people in the world through his investments skills. Buffett is chairman of Nebraska-based Berkshire Hathaway Inc which has a market cap over USD $200 billion. When studying under Benjamin Graham at Columbia University, Buffett learned that discipline, patience as well as value consistently outperform the market. Below, we provide Warren Buffet's top 15 holdings as of 31 March 2014.

    Lanjut baca ›

  • Update Indonesia's Current Account Deficit and Foreign Exchange Reserves

    Indonesian Finance Minister Chatib Basri said that the country's current account deficit, the broadest measure of international transactions, may widen in the second quarter of 2014 as many local companies engage in business expansion. Such expansion usually triggers an increased amount of imports, thus impacting on the trade balance. A widening current account deficit in the second quarter of the year is a normal trend. The balance usually improves in the third and fourth quarters.

    Lanjut baca ›