Business News

Investors weigh prospects for Indonesian stocks after polls, construction shares up

With Indonesians voting in the presidential and legislative elections on Wednesday (April 17), investors are weighing prospects for the South-east Asian nation's US$522 billion (S$706 billion) stock market after the dust settles. The Jakarta Composite Index could be a prime second-half rebound candidate, up only 4.6 per cent this year…

Indonesian exports fall for fifth consecutive month

Indonesian exports continued their slide in March, as persistent trade tensions and the global economic slowdown weighed on the country’s trade performance.  Outbound shipments fell 10 per cent year on year to $14.09bn in March, according to Statistics Indonesia, against a Reuters poll expecting a slightly steeper 11.8 per cent…

How does simultaneous elections system influence Indonesian politics?

In a matter of days Indonesia will undertake the largest single day exercise of democracy the world has ever seen. The country’s 193 million voters will attend over 800,000 voting locations, run by over 5.5 million election committee staffers, to elect 40,000 legislative representatives from over 250,000 candidates.With the legislative…

Draft of Job Positions towards Foreign Workers Positive List in Indonesia Meeting

On 12th April 2019 Italian Business Association in Indonesia (IBAI) with American Chamber (AmCham), British Chamber (BritCham), European Chamber (EuroCham), German Chamber (Ekonid), Canada Chamber (ICCC), Indonesia Australia Business Council (IABC), The Jakarta Japan Club (JJC), Japan External Trade Organization (Jetro), Korean Chamber (KoCham), and US-ASEAN Business Council had a…
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