The Today's Headlines section of Indonesia Investments is a regularly updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
Indonesia-based shrimp producer and exporter Panca Mitra Multiperdana plans to conduct its initial public offering (IPO) on the Indonesia Stock Exchange in the second or (early) third quarter of 2018. Martinus Soesilo, President Director of Panca Mitra Multiperdana, said the company will offer a maximum stake of 30 percent to the public. Soesilo added that there is one strategic investor that is eager to invest in the company.
Despite (modestly) accelerating economic growth since 2016, concerns about Indonesia's gross domestic product (GDP) expansion persist. Indonesian Coordinating Minister for Economic Affairs Darmin Nasution said he expects Indonesia's economic growth to slow in the first quarter of 2018 (compared to Q1-2017) as the peak of the nation's big harvest is expected to occur in the second quarter this year (while last year it fell in the March/April period). Meanwhile, credit growth has remained bleak in Indonesia.
Also in the second month of 2018 exports of Indonesian motorcycles were strong. Based on data from the Indonesian Motorcycle Industry Association (AISI), the country's motorcycle exports surged 37.2 percent year-on-year (y/y) to 76,700 units in the first two months of 2018 combined. It could mean that 2018 will become another great year for motorcycle exporters. Last year, exports of two-wheelers from Indonesia surged 52 percent (y/y), outpacing stakeholders' forecasts of 30-40 percent (y/y).
On 18 March 2018 Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy and market-related topics such as Indonesia's trade balance, the banking sector, "economic threats", cement sales, textile exports, the impact of Trump's chaotic policies, and more.
