Home Tags Consumption

Tag: consumption

BI: Retail Sales Index Improves in February to Minus 2.7%

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the retail sales survey improved in February compared to January 2021. Based on the latest information released on Monday...

Indonesia Gives Another Tax Incentives for Car Producer

JAKARTA (TheInsiderStories) - Indonesian government provided another luxury goods tax for cars with cylinder capacities more than 1,500 cc to 2,500 cc, finance ministry announced on...

Indonesia Posts Inflation 0.08% in March

JAKARTA (TheInsiderStories) – Statistics bureau reported Indonesia posted an inflation 0.08 percent with consumer price index 106.15 in March from previous month at 0.10 percent, the...

Indonesian Cement Production Overcapacity Up to 46%

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP), hold the development of new factory in this year, even has secured a...

Indonesia’s Ramayana Prepares US$24M to Buyback Shares

JAKARTA (TheInsiderStories) - The department store manager, PT Ramayana Lestari Sentosa Tbk (IDX: RALS) plans to buy back 354.8 million shares or 5 percent of...

Indonesia’s Cement Export Rises 240% in February

JAKARTA (TheInsiderStories) - The Indonesian Cement Association reported that the national cement export reached 1.1 million tones of cement in February or jumped by 240 percent...

Indonesia’s Palm Oil Export Drops 18.47% in January

JAKARTA (TheInsiderStories) - Indonesian Palm Oil Association (GAPKI) reported that palm oil products and derivatives export dropped by 18.47 percent to 2.86 million tones (MT) in January...

Crisis in Supply Chains to Burst Commodity Prices This Summer

JAKARTA (TheInsiderStories) - Commodity prices continue to move higher, although late February and early March have seen periods of volatility with prices pulling back in some...

Indonesia Examines Tax Relaxation for Larger Type of Cars

JAKARTA (TheInsiderStories) - President Joko Widodo asked industry ministry to examine an expanding and deepening luxurious tax for motorized vehicles with cylinder more than 1,500...

Indonesian Car Sales Drops 38% in February Amidst the Low Demand

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industries (GAIKINDO) reported, the realization of car sales in February fell by 38.22 percent to 49,202 units...

Consumer Confidence Index of Indonesia Improves in February

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the Consumer Survey Index for February 2021 stood at 85.8, a slightly increased from 84.9 in the previous month,...

Indonesia’s PLN Prepares Funds US$5.5B to Expand the Business

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN) allocated funds up to Rp78.9 trillion (US$5.52 billion) to build 3,132 megawatts (MW) of power plants,...

ASI: Domestic Cement Consumption to Grow 8% in 2021

JAKARTA (TheInsiderStories) - Chairman of Indonesian Cement Association, Widodo Santoso, sees the domestic cement consumption in this year will increase by 8 percent to 67.1 million tones...

Indonesia’s PMI Lost Momentum in February, Drops to 50.9

JAKARTA (TheInsiderStories) - Indonesian manufacturing growth lost momentum in February amid disruption of the COVID- 19 pandemic, IHS Markit reported today (03/01). The country' Manufacturing Purchasing...

Indonesia Posts an Inflation 0.10% in February

JAKARTA (TheInsiderStories) - Statistics bureau announced Indonesia experienced an inflation 0.10 percent on monthly basis, 0.36 percent on calendar year, and 1.38 percent on annual...

Indonesia’s Astra Businesses Hit by the Pandemic

JAKARTA (TheInsiderStories) - Conglomeration firm, PT Astra International Tbk (IDX: ASII), reported during 2020, the group businesses hit by the COVID-19 outbreak and slashed the...

Moody’s: Indonesian Property Developers’s Cash Flow to Improve

JAKARTA (TheInsiderStories) - Moody's Investors Service says that demand recovery will be uneven across Indonesian property segments, although cash flow is expected to broadly improve from...

Bank Indonesia Revises Down Loan Growth to 5 – 7% due...

JAKARTA (TheInsiderStories) -  Bank Indonesia (BI) revised down the loan growth from 7 - 9 percent to 5 - 7 percent in this year amidst the...

PLN: 3,000 MW Power Plants Ready to Operate in This Year 

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN), said that there will be an additional 3,000 mega watt (MW) of power plants are ready...

Indonesia’s Summarecon Potentials to Raise US$195M from Rights Issue

JAKARTA (TheInsiderStories) - The real estate company, PT Summarecon Agung Tbk (IDX: SMRA) has potential to reap Rp2.76 trillion (US$195.74 million) from the rights issue program, the...

Indonesia Posts an Inflation 0.26% in January

JAKARTA (TheInsiderStories) - Indonesia posts an inflation 0.26 percent in January 2021 compared to last year at 0.19 percent, said head of statistic bureau today...

Indocement Looking Southeast Asia and Other Markets

JAKARTA (TheInsiderStories) - Indonesian cement producer, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP) looking Southeast Asian and other markets to increases the sales volume. The Salim Group'...

Retail Sales and Consumer Confidence Index of Indonesia Improves

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported monthly' retail sales index (RSI) improved in November supported by most categories of goods. Its reflected in the November...

Indonesia Posts Annual Inflation 1.68%

JAKARTA (TheInsiderStories) - Indonesia posted an inflation 1.68 percent during 2020 due to low purchasing power, the lowest level in history, said the statistic bureau...

GAPKI: Indonesian Palm Oil Exports 37MT in 2021

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI) sees a gradual growth in crude palm oil (CPO) exports starting next year driven by an...

GIMNI: Indonesia’s CPO Productions 48.4MT in 2021

JAKARTA (TheInsiderStories) - The Indonesian Vegetable Oil Industry Association (GIMNI) projects that crude palm oil (CPO) production in 2021 will grow by around 3 percent to...

Indonesian F&B Industry Estimates to Grow 5 – 7% in 2021

JAKARTA (TheInsiderStories) - The Association of Indonesian Food and Beverage Entrepreneurs (GAPMMI) estimates that the food and beverages (F&B) industry can grow 5 - 7 percent...

Indonesia’s Retail Sales and Consumer Confidence Index Improves

JAKARTA (TheInsiderStories) - The monthly retail sales performance have improved, reflected in the November 2020 Real Sales Index (IPR) which grew by -0.4 percent. The number...

Indonesia’s Car Sales Only Grew Single Digit in October

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industry (GAIKINDO) reported car sales (from factories to dealers) as of October 2020, only rose 1...

Indonesia’s Retail Sales, Consumer Confidence Index Still Weak

JAKARTA (TheInsiderStories) - Indonesia' retail sales index still contraction in September after occurred since June 2020, the central bank reported today. The Consumer Confidence Index also...
`