Market Pulse

Jokowi’s Burdensome Legacy: The High Speed Train

President Jokowi’s infrastructure projects, such as the Jakarta-Bandung high-speed train, are burdening the country. There will be inappropriate subsidies.

Market Pulse

Higher for Longer Rates Pressure on the Rupiah

Indonesia’s external balances will face hard times if the Federal Reserve’s interest rates remain high.

Market Pulse

Dragged Down by China

China’s economy fails to recover after being hit by the pandemic. Rupiah could fall if China devalues yuan.

Market Pulse

Indonesia’s on the Edge of a Rice Crisis

It is not an easy option for the government to import rice to fulfill domestic demand and stabilize its price. The rice crisis is really clear for Indonesia.

Market Pulse

The End of an Era of Abundant Foreign Exchange

Foreign exchange surplus is receding. But there is a hope that a huge fund will get back to the country during the elections campaign.

Market Pulse

The Adverse Impact of China’s Economic Slump

Market Pulse

A Feeble Regulation on Export Earnings

The Indonesian government struggles to prevent earnings from exports of natural resources going overseas.

Market Pulse

Impact of the United States’ Credit Rating Plunge

A lower credit rating makes the United States government to charge higher interest rates. It naturally spreads to other countries’ securities, including Indonesia.

Market Pulse

The Danger of Growing Prices and Shrinking Supplies of Food

The rise in food prices is unlikely to stop. The price of various staple food ingredients usually moves in sync.