BMI View: Both of Indonesia's main ports are set to experience positive growth in 2016. Consumer demand
and economic growth are set to bolster the country's shipping services, although the ongoing slowdown in
China's economy could hold Indonesia back from maximising i ..."
BMI View: In 2015, we anticipate healthy growth for both of Indonesia's two main ports as the
contractions of recent years become a thing of the past. Slightly neutering growth is the fact that key trade
partner China is set to experience a continuing slowdown in grow ..."
Indonesian Economy Set To Accelerate in 2015
We are expecting activity at Indonesia's main ports to be positive and broadly comparable to last year, with
growth of cargo handled ranging roughly between 3% and 8%. Of particular interest to the bulk shipping
Our shipping and ports forecast for 2015 shows growth rates picking up pace slightly at the port of Tanjung
Priok, while they will decelerate a little at the smaller facility at Palembang. This reflects the slightly mixed
freight demand picture as the Indonesian econo ..."
We have reduced our GDP growth forecast for Indonesia this year, cutting it back to 5.1%, down from the
5.4% we were predicting in our previous quarterly shipping report. The main reason is growing political
risk ahead of the presidential elections due in July, coupled with inc ..."
BMI View: We continue to see Indonesia undergoing an adjustment processs, which will see lower growth
on the short term, as the authorities seek to cool and rebalance an economy that had overheated. Quarterly
growth was below expectations in Q313, but then above expec ..."
BMI View: 2014 Growth Forecast Reduced As Headwinds Strengthen
After strong growth, the Indonesian economy has entered a difficult patch. A flight away from the rupiah
and toward US dollar assets has combined with a widening current account deficit (4.4% of GDP in the ..."
BMI View: Reduction of Fuel Subsidies Will Lower Growth In Short Term
A key development in June has prompted BMI to revise its economic outlook for Indonesia this year. On
June 22 the government raised the prices of subsidised premium petrol and diesel by 44.4% and 22 ..."
BMI View: Still Expecting 6.1% GDP Growth This Year
Our outlook for the Indonesian economy remains unchanged since our last quarterly report. BMI continues
to forecast GDP growth of 6.1% in 2013, rising to 6.4% in 2014. The big driver of this growth is domestic
Since our last quarterly shipping report, we have become more optimistic about Indonesia''s macroeconomic outlook in 2013. With the US, Europe, and China looking at economic rebounds of differing intensities, the external environment has become more favourable. After a tough year ..."