Kategori: Economy

Indonesia exports and imports performance in July plunged 19.23% YoY and 28.44% YoY respectively, sparking hold-off sentiment from investors. Investors invoked IDR 20.9 trillion on last week’s auction, lower than IDR 28 trillion of total demands in previous auction. Investors have anticipated the central bank’s decision to hold interest rate benchmark at 7.50% amidst sagging.

Indonesia’s central bank (Bank Indonesia) set seven monetary operation approaches to sustain IDR. One of them is the buyback of govt bonds in secondary market. These seven approaches are the central bank’s strategy to manage IDR liquidity, to strengthen supply and demand of forex, and to build up forex reserves. Central bank will monitor the.

Indonesia’s Statistic agency has released trade balance data which recorded USD 1.33 billion surplus. This is the biggest surplus since December 2013. Nevertheless, the increment is more of the impact of decline in imports than increase in exports. Total exports were USD 11.41 billion, down 15.5% MoM (-19.2% YoY) compared to USD 13.51 billion in.

Indonesia economy will likely expand by 5.3% y-o-y in the 2H 2014 compared with 5.1% estimated for the 1H, on account of an improvement in exports but offset partially by softer domestic demand for the full-year, we are revising our economic growth forecast downward to 5.2% in 2014, from +5.4% projected previously, before improving to.

Indonesia’s Money Supply (M2) growth increased to 11.0% y-o-y in April from +10.0% in March, inching up from +10.9% in February. The increase was due to higher net foreign asset as foreign appetite for the country’s financial assets improved. Additionally, net claims on the central government improved due to faster government fund disbursement during the.

Indonesia: Bent on growing at all cost? Indonesia will continue to enjoy relatively high growth in 2011 and 2012 despite the global economic uncertainties and feeble financial markets. Being a domestically-driven economy should shield Indonesia from any external headwinds and as such, a medium-term real GDP growth of above 6% is not entirely unthinkable. In.

Indonesia: Flirting with Growing Inflation There is no doubt that at with a more than 60% contribution to overall GDP, consumer spending will continue to be the Indonesian economy’s pillar of growth as we enter into 2011, as had been the case in 2010. Growth in 2010 is likely to come in at at least.