Indonesia: 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 […]
Read MoreIndonesia: Bank Indonesia: Domestic Economy Remains Sluggish in Q2-2016 Mon, 11 July 2016 – The central bank of Indonesia (Bank Indonesia) expects Indonesia’s economic growth to reach between 4.9 and 5.0 percent (y/y) in the second quarter of 2016, only rising slightly from GDP growth realization of 4.92 percent in the first quarter. Growth is […]
Read MoreIndonesia: Crude Oil Production & Exploration 2016 Update Indonesia Tue, 05 July 2016 – Indonesia’s crude oil production (oil lifting) in full-year 2016 is expected to reach 819,000 barrels of oil per day (bpd), slightly below the target that is set in the Revised 2016 State Budget (820,000 bpd). Amien Sunaryadi, Head of the Special […]
Read MoreIndonesia: Indonesia’s Purchasing Power Weaker? See Cash Outflow & Inflation Mon, 04 July 2016 – Whereas Indonesia’s inflation pace usually accelerates markedly ahead of the Idul Fitri due to rising consumer spending, the relatively moderate inflation in June (0.66 percent m/m) can be taken as a sign that Indonesia’s purchasing power is still rather weak. […]
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