The Coordinating Minister of Maritime Affairs, Luhut Binsar Panjaitan, was not satisfied with World Bank’s projection and scenarios about Indonesia’s future economic growth.
After monitoring the situations over the recent weeks, the Indonesian Government reopened internet access for some regions in Papua and West Papua, amid numerous violent unrest and protests.
President of United States (US), Donald Trump decided to postpone a trade attack on China. According to a statement from the US Trade Representative Office (USTR) on Tuesday (8/13), they have decided to postpone the imposition of a 10 percent tariff on 25 imported product lines from China to protect consumers in their country before Christmas season and new year 2020 holiday.
The external sentiment still seems to be the main driver of Rupiah. Because in today's trade (12/8/19), Rupiah weakened against United States (US) dollar.
Bank Indonesia (BI) estimates that Consumer Price Index (CPI) until the first week of August 2019 to experience inflation of 0.12 percent monthly (month-to-month).
After being sprawled for the last 4 trading days since last Thursday (1/8/2019), the Composite Stock Price Index (CSPI) has finally rebounded! In trading session I this Wednesday (7/8/2019), JCI closed up at 1.42% or at the level of 6,206.42.