Indonesia: Poverty in Indonesia: 10.86% of Indonesians is Poor (March 2016) Mon, 18 July 2016 – According to the latest data from Statistics Indonesia (BPS) there were 28.01 million Indonesians living below the poverty line in March 2016, or 10.86 percent of the total Indonesian population. This is an improvement from September 2015 when Indonesia’s […]
Read MoreIndonesia: Cement Sales Indonesia Rose 3% in First Half of 2016 Sun, 17 July 2016 – Domestic cement sales in Indonesia climbed 3.1 percent year-on-year (y/y) to 29.48 million tons in the first half of 2016. Widodo Santoso, General Chairman of the Indonesian Cement Association (ASI), said rising cement demand in Indonesia is particularly supported […]
Read MoreIndonesia: Trade Balance Indonesia: $900 Million Surplus in June 2016 Fri, 15 July 2016 – Indonesia’s latest trade data beat forecasts by quite a distance. According to Statistics Indonesia (BPS), Indonesia’s trade balance recorded a monthly surplus of USD $900.2 million in June 2016. Previously, median forecasts expected a USD $300 million surplus. Meanwhile, the […]
Read MoreIndonesia: Foreign Exchange Reserves Indonesia Grow in June 2016 Thus, 14 July 2016 – The central bank of Indonesia (Bank Indonesia) announced today (14/07) that the nation’s foreign exchange reserves rose by USD $6.2 billion to USD $109.8 billion in June 2016. The rise was supported by foreign exchange receipts, primarily from the issuance of […]
Read MoreIndonesia: Indonesia Stock Market & Rupiah: Stocks Rally in Post-Brexit Reality Tue, 12 July 2016 – In the post-Brexit reality, stocks have been performing well, worldwide, with the exception of the week of 4 July when markets were hit by profit-taking amid heightened concern about the world’s economic fundamentals. Apart from that week (when Indonesian […]
Read MoreIndonesia: Coal Mining Update Indonesia: Coal Price Rises in July Mon, 11 July 2016 – Indonesia’s benchmark thermal coal price (harga batubara acuan, HBA), the monthly reference price that is set by the Ministry of Energy and Mineral Resources, rose 2.29 percent (m/m) to USD $53 per metric ton (FOB) in July 2016. The Energy […]
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