Asia / Indonesia

Indonesia

Group Research / February 01, 2020

Photo Credit - AFP

Indonesia
 20182019f2020f2021f
GDP growth, % YoY5.25.04.44.9
CPI inflation, % YoY3.22.83.13.2
 1Q202Q203Q204Q201Q21
Exchange rates, end of period16,00015,80015,60015,40015,200
Policy interest rates, end of period4.504.254.254.254.25

Indonesia Industry Insights

Indonesia / Communication
Indonesia Telecom Sector: Potential bargains with resilient prospects

Indonesia Telecom Sector: Potential bargains with resilient prospects

April 02, 2020

Competition in the Java region continues to be intense due to aggressive pricing.

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Indonesia / Healthcare
Indonesia Healthcare: Transition continues

Indonesia Healthcare: Transition continues

January 06, 2020

Patient volume in 2020 expected to grow with increasing dengue breakouts and growth in universal insurance coverage amongst Indonesians.

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Indonesia / Consumer
Indonesia’s Consumer Market: 1 country, 18,000 islands and 260m baskets

Indonesia’s Consumer Market: 1 country, 18,000 islands and 260m baskets

October 31, 2019

Our analysts took a deep dive exploring how Indonesia’s consumption basket is set to change as the country’s economy continues to grow.

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Indonesia Economics Insights

Indonesia / Growth, Rates
Indonesia: Surfacing economic weakness

Indonesia: Surfacing economic weakness

August 16, 2019

Indonesia recorded a stable growth of 5% in 2Q19, contrary to the downward growth trend elsewhere. Fiscal lever could sustain growth momentum at its ...

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Indonesia / GDP
Pressure eases on Indonesia’s trade balance

Pressure eases on Indonesia’s trade balance

April 18, 2019

March trade balance recorded a surplus, marking two consecutive months of surplus.

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Indonesia / GDP
Indonesia election watch: energy, food, and infrastructure

Indonesia election watch: energy, food, and infrastructure

February 20, 2019

The Indonesian second presidential debate on energy, food, and infrastructure was held on 17 Feb 2019.

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Indonesia Economics Daily

Indonesia / Rates
IDR rates: Resilient Govvies

IDR rates: Resilient Govvies

February 05, 2020

Stay invested in Indo govvies.

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Indonesia / Rates
Indonesia: Government bonds with high quality carry

Indonesia: Government bonds with high quality carry

January 16, 2020

IndoGBs possess superior carry qualities and would be an attractive carry play over the next 3-6 months.

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Indonesia / Trade, Rates
Indonesia: look beyond the deficit

Indonesia: look beyond the deficit

October 16, 2019

In line with our expectations, exports and imports contracted in September. Looking past these weak numbers, exports and imports growth may have bott...

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Indonesia Equities

Indonesia / Equity Picks
Indonesia Equity Picks

Indonesia Equity Picks

March 31, 2020

The JCI index rebounded on 26 March 2020, as global markets also rallied on the back of the US Senate passing the US$2tr stimulus package.

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Indonesia / Equities
Indonesia Market Strategy: Stay Safe

Indonesia Market Strategy: Stay Safe

March 16, 2020

Even though the valuation on the Jakarta Stock Exchange Composite Index is cheap, we recommend investors to remain selective as things can get worse ...

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Indonesia / Equities
Indonesia 2020 Market Outlook: When the growing gets tough

Indonesia 2020 Market Outlook: When the growing gets tough

December 19, 2019

Optimism already building up for Indonesian equity markets as worries of domestic overhang fade away.

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Disclaimers and Important Notices

The information herein is published by DBS Bank Ltd and PT Bank DBS Indonesia (collectively, the “DBS Group”). It is based on information obtained from sources believed to be reliable, but the Group does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation & the particular needs of any specific addressee. The information herein is published for the information of addressees only & is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Group, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Group or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Group & its associates, their directors, officers and/or employees may have positions or other interests in, & may effect transactions in securities mentioned herein & may also perform or seek to perform broking, investment banking & other banking or finan­cial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Sources for all charts & tables are CEIC & Bloomberg unless otherwise specified.

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