Head of the Indonesia Investment Coordinating Board (BKPM), Mahendra Siregar, is optimistic that total realized investments in Indonesia will exceed the target that is set for this year. The BKPM, a government institution, aims for investments worth of IDR 390 trillion (USD $32.5 billion) in 2013 and IDR 470 trillion (USD $39.2 billion) in 2014. Siregar is optimistic because many investors, particularly from Japan and the USA, are committed to engage in business expansion at the end of this year as well as next year.

Lanjut baca ›

The preliminary company profile of Ramayana Lestari Sentosa (RALS) has been added to our catalogue of Indonesian company profiles. Ramayana Lestari Sentosa is an Indonesian retail company which sells a variety of products, including household necessities, fashion apparels, toys and stationeries. Today, Ramayana Lestari Sentosa owns department stores in 42 major cities in Indonesia, employing over 17,867 people. The company profile also includes a future projection of the company's financial performance.

Lanjut baca ›

The World Bank released the December edition of its Indonesia economic quarterly report. The title of the report “Slower Growth; High Risks” leaves little to the imagination. The World Bank expects Indonesia’s economic growth to slow to 5.3 percent in 2014 amid external shocks, most notably the Federal Reserve 'tapering'. The report states that “while policymakers in Indonesia have taken steps to encourage near-term macroeconomic stability, further structural reforms are needed to support export performance and encourage long-term faster growth.”

Lanjut baca ›

The International Monetary Fund (IMF) detects a slowdown in GDP growth in major emerging market economies and decline in commodity prices, and more recently, a reversal in push factors tied to a prospective exit from extraordinarily easy global monetary conditions, has put pressure on Indonesia’s balance of payments and heightened its vulnerability to shocks. Domestic policy accommodation and rising energy subsidies have also given rise to increased external and fiscal imbalances.

Lanjut baca ›