ECONOMIC UPDATE - Bop review - Signal of recovery

February 12, 2020

A better outcome in 4Q19 brings a better prospect for the Indonesia fundamental, supported with the highest foreign exchange (forex) reserves since Jan-18.

Securities

ECONOMIC UPDATE - GDP - Stoke the fire of growth

February 07, 2020

Economic slowdown is unavoidable since Indonesia’s economy is susceptible with the global economic downturn.

Securities

STRATEGY REPORT - Confidence but cautious

February 07, 2020

In January, our portfolio declined by only 1.4% outperforming the JCI which dropped by 5.7% (-4.2% in USD terms) weighed down by the unexpected shock from the coronavirus outbreak.

Securities

ECONOMIC UPDATE - Inflation - New measurement

February 05, 2020

It is very uncommon for Indonesia to have a relatively low Inflation in the beginning of the year where the last January inflation that under 3% in yearly basis was in 2019.

Securities

ECONOMIC UPDATE - External trade review - Year end gift for trade balance

February 07, 2020

Dec-19 is the only month which successfully recorded positive growth on export within 2019 and the first increase in exports since Oct-18. The data completed the overall 2019 trade performance where the deficit was due to the deficit from oil and gas (OG) sector.

Securities

ECONOMIC UPDATE - What to Expect - Surviving tough times in 2019

December 18, 2019

Indonesia has passed many economic hurdles in 2019 but still managed to carry on. Some rosy aspects that may help the economy to get through, they are monetary sector, political stability, fiscal sector, and trade performance.

Securities

ECONOMIC UPDATE - Inflation - Benign inflation in a year

January 08, 2020

Inflation in Dec-19 has made a new significant record as it was the lowest inflation since year 2000 in yearly basis.

Securities

ECONOMIC UPDATE - Monetary review Breather for rate cut

December 26, 2019

The reason of the unchanged rate is because BI expects better macroeconomic indicators coming in 4Q19 ahead such as slight global economic growth recovery, stronger consumption approaching the year end, appreciation trend of the currency and the relatively low inflation.

Securities

ECONOMIC UPDATE - External trade review - Trade deficit surges to seven-month high

December 18, 2019

The increase in imports of consumer goods surged approaching year-end holidays whereas exports shrunk for 13rd straight month since Nov-18.

Securities

STRATEGIC REPORT - It’s time to recover

December 05, 2019

Indonesia stock market is more likely to rise in December according to analysis of one decade of data after Indonesian equities were under severe selling pressure in Nov-19 because of worries over slowdown in the economy.

Securities

ECONOMIC UPDATE - Inflation - Food-led inflation

December 05, 2019

The core inflation came lower compared to the headline inflation as the inflation in Nov-19 was built from the food baskets that were more likely related to temporary factors that may reverse themselves later.

Securities

STRATEGIC REPORT - Equity market recap

November 22, 2019

The JCI posted a loss of 0.8% Ytd to 6,146 and underperformed the region because of risks arising from escalation of global trade war while domestic macro environment is not supportive of equity market due mainly to slowdown in economic growth and widening current account deficit...

Securities

ECONOMIC UPDATE - External trade review - Serendipitous surplus

November 19, 2019

Indonesia export and import grew positively MoM. The surplus came from the exports that rose, while the imports grew slower due to the weakening global trade instead of stronger export substantially.

Securities