• Alibaba Group to Invest in Indonesia's Online Shop Tokopedia?

    Rumors are that China's e-commerce giant Alibaba Group Holding Ltd is interested to expand its business in Indonesia, attracted by the nation's per capita GDP growth as well as rising smartphone and Internet penetration. Alibaba may invest in Indonesian online shopping facilitator Tokopedia. Tokopedia, established in 2009 by William Tanuwijaya and Leontinus Alpha Edison, is one of Indonesia's biggest online marketplaces.

    Read column ›

  • Fitch Ratings Affirms Indonesia's Sovereign Credit Rating at BBB-

    Fitch Ratings, one of the three big global credit rating agencies, affirmed Indonesia's long-term foreign- and local-currency issuer default ratings (IDRs) at 'BBB-' (investment grade) with a positive outlook. Meanwhile, the issue ratings on Indonesia's senior unsecured foreign- and local-currency bonds and foreign-currency sukuk was also affirmed at 'BBB-'. The country ceiling has been affirmed at 'BBB' and the short-term foreign- and local-currency IDRs at 'F3'. The senior unsecured short-term issues have also been affirmed at 'F3'.

    Read column ›

  • Mark Dynamics Indonesia Listed on the Indonesia Stock Exchange

    Mark Dynamics Indonesia became the 20th company to list on the Indonesia Stock Exchange in 2017. The company, based in North Sumatra, manufactures premium ceramic hand formers for industrial, medical, and household purposes. At the listing ceremony in Jakarta on Wednesday (12/07) Yeoh Sek Boon, President Director of Mark Dynamics Indonesia, said the listing is a historic event for the company, and should also be a great source for further growth.

    Read column ›

  • Oil & Indonesia: Interview with Economist Lana Soelistianingsih

    An interesting interview with Lana Soelistianingsih was published in Indonesian tabloid Kontan, a magazine that focuses on the economy and financial markets of Indonesia. Soelistianingsih is Head of Economy at Samuel Aset Manajemen as well as a teacher at the Economics Department of the University of Indonesia. The topic of the interview is crude oil.

    Read column ›