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Retail Updates

Launching of ASIA RETAIL COMMUNITY (ARC) during Indonesia Fest 2019 by @megaxpress Singapore

ARC is a collaboration NETASIA @netasia.biz with @retailcommunity Indonesia

Line up Sharing Session by The CEO
“Smart Farming 4.0”
Bapak Harry Kasuma Aliwarga (aka Bapak Kiwi Aliwarga),
CEO of UMG Myanmar, CEO of @pt_msmb @ritx_indonesia .

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QASA Market Updates
  • Afghanistan is attempting to increase trading billateral and investment with Indonesia
  • UNCTAD: Dari Posisi 8, Indonesia Kini Posisi 4 Negara Tujuan Investasi
  • UNCTAD: From 8th Rank, Indonesia is at 4th position as an investment destination country
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QASA Market Updates • Daily Updates

Association  of palm oil businessman from Indonesia and Malaysia disappointed with certification of Roountable on Sustainable Palm Oil (RSPO).The certification did not give premium price of crude palm oil (CPO). Secretary General of Indonesian Palm Oil Businessman, Joko Supriyono said there was no difference between CPO with certification or without cerfication.

Association of Indonesian Businessman (Apindo) together with investor from China are going to build salt manufacture with commitment investment US$ 300 million that will involve small scale salt producers to increase the volume and product quality.

Isuzu targeted its commercial vehicle sales can reach 30,000 units by next year. President Director of PT Isuzu Astra Motor Indonesia (AIMI) Yohannes Nangoi said when it was an economy recovery, demand on commercial vehicles such as truck multi purpose vehicles are increasing.

Commission of Business Competition Supervisory (KPPU) found that there were violation of  prohibition for monopolistic practices by some chicken breeding (DOC). KPPU Commissioner Ahmad Ramadhan Siregar said there were some potential problems such as; possibility of negotitation on price and production (cartel), closed partnership, positibility of divided distribution area.

Exchange authority and capital market authority start to take position in IPO Krakatau polemic.    Chairman of the capital market regulatory bodies and finacial institutions (Bapepam – LK) Ahmad Fuad Rahmany said that capital market authority could not stop IPO Krakatau because the issuer does not propose the termination.

The fifth biggest coal producer PT Berau Coal appointed Nobel Group Ltd as exclusive marketing rights holder coal.  The appoinment of Nobel automatically ejects PT Bumi Resources, a group of Bakrie.

Indonesian government is optimist that the President Obama's visit to Jakarta will increase trade relationship between both countries more than US$20 billion. One amongst issues to be discussed is corporation mitigation on climate change impact that will focus on investment on renewable energy.

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No market update at the moment.
No market update at the moment.
No market update at the moment.