Indonesia: 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 […]
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 […]
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