Indonesia's US$900 billion economy is the largest in Southeast Asia and one of the fastest growing in Asia. After steadily cooling over the past five years, Indonesia's economy is expected to pick up steam to 5.2% this year and 5.5% in 2017 on the back of government infrastructure spending and economic reforms. Despite continuing weak external conditions, the archipelago country is one of the most stable economies in Asia underpinned by strong domestic consumption, which makes up more than 60% of GDP.Politically Indonesia remains stable albeit in the midst of a potentially historic inflection point. President Joko Widodo's anti-establishment style and largely reformist agenda continues to ruffle feathers among the country's political elite who thrive within the pervasive patron-client architecture. These relationships are further challenged by the no non-sense Governor of Jakarta, Basuki 'Ahok' Tjahaja Purnama, who has executed sorely needed reforms in the face of embedded interests. The Jakarta gubernatorial election will be held in February 2017 and the incumbent Ahok is widely popular which bodes well for continued reforms and level headed policy making in the nations capital.
Jakarta Composite Index
Index Detail: Jakarta CompositeINDEXPrice5,371.67Today's Change-0.41 (-0.01%)Open5,378.92Prev Close5,372.08
Day's High 5,400.17 52-wk High 5,491.70 Day's Low 5,371.67 52-wk Low 4,627.64 Symb Index Mkt Report Time Last Chg Chg % .DJI Dow Jones Industrial Average View 4:39pm EST 20,269.37 +96.97 +0.48% .IXIC Nasdaq Composite Index View 5:15pm EST 5,734.13 +18.95 +0.33% .NYA NYSE Composite Index 5:40pm EST 11,377.72 +50.04 +0.44% .TRXFLDUSP Thomson Reuters Equity US Index 5:00pm EST 207.02 +0.79 +0.38% .TRXFLDCAP Thomson Reuters Equity Canada Index 4:59pm EST 296.22 +2.21 +0.75% .TRXFLDLAPU Thomson Reuters Equity Latin America 5:00pm EST 319.05 +6.50 +2.08% .NIN NYSE International 100 Index 5:40pm EST 5,079.33 +19.37 +0.38% .NTM NYSE TMT Index 5:40pm EST 7,971.07 +31.04 +0.39% .NUS NYSE US 100 Index 5:40pm EST 9,145.53 +30.61 +0.34% .NWL NYSE World Leaders Index 5:40pm EST 7,492.84 +26.17 +0.35% .GSPTSE S&P/TSX Composite Index View 4:35pm EST 15,729.12 +111.82 +0.72% .XAX AMEX Composite Index View 5:41pm EST 2,472.26 +2.46 +0.10% .NWX AMEX Network Index 5:41pm EST 459.91 +4.37 +0.96% .XMI AMEX Major Market Index 905 to 1000 5:41pm EST 2,064.06 +8.55 +0.42% .XOI AMEX Oil Index 5:41pm EST 1,233.07 +11.35 +0.93% .XAL AMEX Airline Index 300 TO 395 5:41pm EST 110.78 +0.74 +0.67% .MXX MXSE IPC View 4:10pm EST 47,797.04 +564.87 +1.20% Symb Index Mkt Report Time Last Chg Chg % .TRXFLDEXPU Thomson Reuters Europe (ex UK & Ire) 3:20pm EST 152.44 -0.27 -0.18% .TRXFLDEEPU Thomson Reuters Em Mkt Europe 2:26pm EST 260.64 -0.74 -0.28% .TRXFLDGBP Thomson Reuters Equity UK Index 2:42pm EST 141.88 +0.61 +0.43% .TRXFLDDEP Thomson Reuters Equity Germany Index 2:06pm EST 184.12 +0.52 +0.28% .TRXFLDFRP Thomson Reuters Equity France Index 2:07pm EST 157.77 +0.02 +0.01% .FTSE FTSE 100 Index 9 Feb 2017 7,258.75 +29.25 +0.40% .GDAXI DAX Index View 11:44am EST 11,666.97 +24.11 +0.21% .FCHI CAC 40 Index 12:00pm EST 4,828.32 +2.08 +0.04% .SSMI SMI Index View 12:31pm EST 8,456.22 +18.68 +0.22% .SMSI Madrid General Index 11:38am EST 946.45 -6.73 -0.71% .OMXSPI OMX Stockholm All Share Index 11:30am EST 552.68 +1.49 +0.27% .OMXHPI OMX Helsinki All Share Index 11:30am EST 8,928.08 +33.97 +0.38% .OMXC20 OMX Copenhagen 20 Index 10:59am EST 908.83 +4.22 +0.47% .OSEAX Oslo Exchange All-share Index 10:46am EST 772.43 +2.40 +0.31% .ISEQ ISEQ Overall Index 9 Feb 2017 6,477.83 +0.67 +0.01% .AEX AEX Amsterdam Index View 12:00pm EST 489.56 +1.06 +0.22% .BFX Bell 20 Index 12:00pm EST 3,590.95 -20.72 -0.57% .IBEX Ibex 35 Index 11:38am EST 9,378.10 -60.30 -0.64% .BVLG PSI General 9 Feb 2017 2,516.18 +3.45 +0.14% .STOXX50 STOXX 50 View 11:50am EST 3,039.14 -1.06 -0.03% Symb Index Mkt Report Time Last Chg Chg % .TRXFLDJPP Thomson Reuters Equity Japan Index 2:38am EST 135.57 +2.85 +2.15% .TRXFLDHKP Thomson Reuters Equity HK Index 4:38am EST 258.88 +0.52 +0.20% .TRXFLDINP Thomson Reuters Equity India Index 6:36am EST 1,036.40 +1.63 +0.16% .N225 Nikkei Stock Average 225 View 1:15am EST 19,378.93 +471.26 +2.49% .HSI Hang Seng Index View 3:08am EST 23,574.98 +49.84 +0.21% .AORD ASX All Ordinaries Index 1:35am EST 5,771.59 +53.85 +0.94% .KS11 KOSPI Index 4:03am EST 2,075.08 +9.20 +0.45% .SETI SET Composite Index 4:54am EST 1,585.24 +1.99 +0.13% .JKSE Jakarta Composite 4:07am EST 5,371.67 -0.41 -0.01% .PSI PSE Composite Index 2:20am EST 7,235.21 -17.45 -0.24% .KSE Karachi SE 100 Index 6:43am EST 49,925.08 +16.93 +0.03% .SSEC Shanghai Composite Index 2:09am EST 3,197.33 +14.15 +0.44% .TWII Taiwan SE Weighted Index 12:33am EST 9,665.59 +75.41 +0.79% .BSESN S&P BSE Sensex 7:10am EST 28,334.25 +4.55 +0.02% .HNX30 HNX 30 Index 9 Feb 2017 154.93 +0.83 +0.54% Symb Index Mkt Report Time Last Chg Chg % .TRXFLDAFPU Thomson Reuters Equity Africa Index 12:55pm EST 262.88 +3.84 +1.48% .TRXFLDZAP Thomson Reuters Equity Sth Africa Index 12:35pm EST 792.49 +11.55 +1.48% .JALSH JSE All Share Index 10:00am EST 52,687.29 +782.95 +1.51% .TA100 TA 100 Index 9 Feb 2017 1,249.86 -3.83 -0.31% .XU100 ISE National 100 Index 10:10am EST 87,473.33 -1,356.88 -1.53%
Feb 10 Amazon.com Inc warned on Friday that government actions to bolster domestic companies over foreign competition could hurt its business, in a potential reference to U.S. President Donald Trump's "America First" agenda.
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Symbol Last Net Change BRENT CRUDE JAN7 $56.68 $1.05 100 OZ GOLD C2 $1,233.30 $-1.80
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Bank Indonesia: Balance of Payments Surplus at $4.5 billion in Q4-2016
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Jakarta. Indonesia's economic growth could accelerate to between 5.4 percent to 5.8 percent this year, from 5.02 percent last year, its chief economic ...
Indonesia presents a host of challenges that can impede the ability of foreign business players from operating at full stride. Among these challenges, the multiple and often overlapping layers of policy making and regulations makes for a complicated operating environment. Cascade Asia developed the Indonesia Policy Monitor as a complementary service to help foreign players monitor newly passed and pending regulations.
The November 2016 Indonesia Policy Monitor covers the following issues:
- Deregulation of trading forest products
- Cement investment limitations
- Excise tax simplification
- New incentives for medical devices and agricultural tools