Daily Report | Benchmark Rate Cut Predicted
The Dow Jones fell after reports on new Covid-19 cases in several US states and China hamper market optimism. From
Budget Increase for Economic Recovery Program
Government has announced IDR 18 Trillion in additional fund for National Economic Recovery Program. This brings the
ICBP – 1Q20 Impression : Stellar Growth along with Margin Expansion
In 1Q20, ICBP recorded strong revenue and earnings supported by excellent performance from all segments, except beverage
Indonesia Foreign Reserves Capital Inflow from Government Bond reaches IDR 9.5 Trillion
The Central Bank announced Indonesia foreign reserve for the period May 2020 at USD 130.5 Billion. The number improved
Daily Report | Retail Sales Data Boosts Market
The Dow Jones closed sharply higher over 2% with boost from the US retail sales data which was up 17.7% in May 2020. For
Benchmark Rate Cut Probable
The Central Bank of Indonesia is predicted to cut interest rate after the improvement of several economic data. Head
Daily Report | Fed Plans to Buy Corporate Bonds
US Major Indices gained on Monday after the Fed announced its plan to purchase corporate bonds. In domestic news, a
Economy Indicators in Q2/2020 Face Tough Scenarios
Most economy indicators are expected to be sluggish in Q2/2020 and the trend can continue into 3rd quarter. GDP figures,
Weekly Report | CPO Prices Expected to Strengthen
For this week, the US will release retail sales data, while Indonesia is scheduled to release the Trade Balance data. If
