Corona Cuts April’s Inflation to Lowest Level Since 2004
April inflation at 0.08% mom or the lowest since 2004’s Ramadan was attributable to mandatory PSBB to leave consumption weak
A Sketch of Mutual Fund Market in Indonesia
The number of mutual funds in Indonesia is on the rise, even though the volume of assets managed has shown less consistent in recent years.
Daily Report | April Inflation Is Lower ahead of Ramadan
The Dow Jones edged up 0.11% to 23,749 as the energy sector’s rebound boosted prices of crude oil. In the domestic economy, BPS announced April 2020’s inflation of 0.08% mom lower than March’s 0.10% mom.
Weekly Report | BUJT Counts on Relief Measures
PSBB curb nationwide economic activities—the toll-road business sector in particular. The toll-road traffic showed a higher-than 40% decrease, and the bleak prospect of downbeat revenues for toll-road operators is unavoidable.
Daily Report | Investors Anticipate Inflation Reading
The Dow Jones closed lower by 2.55% to 23,723 following the bleak corporate performance with respect to COVID-19 quarantine. The US and China tensions re-escalated after Trump accused China of spreading coronavirus. Back to the national economy, investors awaited today’s inflation reading by Statistics Indonesia (BPS).
Daily Report | BI’s Four “Whatever-It-Takes” Measures
Dow Jones advanced by 2.21% to 24,633 after Gilead’s remdesivir positively succeeded from two drug trials and proved a new treatment for COVID-19 patients.
Daily Report | Government Holds 5 Sectors Free from VAT
The Dow Jones dipped 0.13% to 24,101 to end a four-day rally streak as declines in technology … [Read more…]
Ministry of Transportation: Prohibition against Flight on PSBB and Red Zone Areas
It prohibits domestic flight over the Large-Scale Social Restrictions (PSBB) areas and the red zone areas. The regulation signed by Interim Minister of Transportation approves flights excluding those prohibited areas.
Transportation, Warehouse, and Telecommunication Dominate Investments
The Investment Coordinating Board (BKPM) revealed that transportation, warehouse, and telecommunication sectors had proved 1Q20 investment domination of IDR49.3 trillion or 23.4 percent from the total Foreign Direct Investment (PMA) and Domestic Direct Investment (PMDN).
