JCI Opens with 0.20% Gain TUESDAY, 21 JUNE 2016 – The Jakarta Composite Index (JCI) opened this morning, June 21, with a 0.2 percent gain (9.91 bps) at 4,873.44. Yesterday, the index also closed strong with a gain of 0.5 percent to 4.863,53. NH Korindo Securities chief researcher Reza Priyambada said global indexes bounced back […]
Read MoreIndonesia’s Foreign Debt Grew 6.3% y/y to $319 Billion in April 2016 TUESDAY, 21 JUNE 2016 – The central bank of Indonesia stated that Indonesia’s foreign debt grew 6.3 percent (y/y) to USD $319.0 billion in April 2016. Foreign debt of Southeast Asia’s largest economy in April consists of private sector external debt (USD $165.2 […]
Read MoreGovt to cut diesel subsidy on July 1, consumer price unchanged TUESDAY, 21 JUNE 2016 – The government will cut its diesel fuel subsidy allocation from Rp 1,000 ( US$0.075 ) to Rp 500 per liter on July 1. The new Rp 43.7 trillion represents a 31.4 percent allocation decrease. Energy and Mineral Resources (ESDM) […]
Read MoreRupiah Unaffected by Brexit, BI Says TUESDAY, 21 JUNE, 2016 – Bank Indonesia Governor Agus Martowardojo said that the Great Britain’s decision to remain or leave the European Union (Brexit) does not have a significant effect towards the Rupiah exchange rate. Agus said that during the opening of today’s trading session, Rupiah was traded at […]
Read MoreManufacturing, Service Sectors Need Expanding, World Banks Says TUESDAY, 21 JUNE 2016 – The World Bank urges Indonesia to expand the national manufacturing and service sectors. Indonesia’s role in the manufacturing sector has been relatively stagnant in the last 15 years with an average in growth rate of just 0.6 percent. Read More?
Read MorePefindo: Value of Indonesia’s Debt Paper to Reach IDR 90 trillion in 2016 TUESDAY, 21 JUNE 2016 – Indonesian credit rating agency Pefindo (Pemeringkat Efek Indonesia) says the value of issued debt paper in Indonesia may reach IDR 90 trillion (approx. USD $6.8 billion), up 34 percent from the IDR 67 trillion worth of debt paper that […]
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