The S&P Global Indonesia Manufacturing PMI rose to 51.3 in July 2022 from 50.2 in July, signaling the highest print since April. The latest figure also pointed to the 11th straight month of growth in factory activity, amid...
Read MoreIndonesia’s annual inflation rate accelerated to 4.94% in July 2022 from 4.35% in June, topping market estimates of 4.82%. This was the fastest rise in consumer prices since December 2014, breaching the central...
Read MoreForeign tourist arrivals in Indonesia jumped sharply by 1,974 percent year-on-year to 345.4 thousand in June 2022, boosted by further easing of COVID-19 restrictions, intense preparation for the G20 summit later this year, and...
Read MorePalm oil futures bottomed around the MYR 3,850-per-tonne mark, moving away from a three-week peak of MYR 4,300-per-tonne as investors refocused again on the bearish outlook for the commodity. Indonesia, the world’s top...
Read MoreShares of Telkom Indonesia (TLKM), market leader in the telco sector, gained 3.49% Tuesday (Aug 2) to make a market capitalization of Rp440 trillion, while Indosat (ISAT), the second largest, ended nearly flat to make market cap of Rp56 trillion. The gap in valuation is so big for Indosat to catch despite the merger with Hutchison 3.
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