Governor of Indonesian central bank Perry Warjiyo said on Friday that national economic growth may reach 5.15 percent in second quarter this year, lower than government’s initial estimation of 5.2 percent. Bank Indonesia’s (BI) estimated growth figure was higher than 5.06 percent and 5.01 percent in the first quarter this year and the second quarter […]
Travel Warning: Indonesia is Anti-Gay Don’t be fooled in to thinking Bali is some special Buddhist Island, Bali is part of Indonesia and it is an increasingly dangerous place to be Gay. If you are Gay it is probably best to skip Bali, if you do not like a regime that deliberately oppresses Gay people, […]
Travel Warning: Another Terror Attack in Indonesia Tourists and Visitors should think twice before traveling to Indonesia, especially Bali as a wave of terror attacks have swept the country. Indonesian police have shot dead four men armed with swords after they attacked a police station on the island of Sumatra. One policeman was reported killed […]
At least 11 people have been killed in three seemingly coordinated suicide bombings that hit churches in the second-largest city of Indonesia, police said. Dozens of people have been injured. “The victims are still being identified,” said East Java police spokesman Frans Barung Mangera. Police say they have also secured a fourth, unexploded bomb at […]
Indonesia has become a dangerous place for Christians since a wave of fundamentalism swept Jakarta and an Islamist Mayor was installed to power. Travelers should avoid Indonesia including the resort Island of Bali, the scene of a massive attack killing over 200 before. Indonesian Police have confirmed that at least 10 people have been killed […]
The Sanchaya Introduces Mindfulness Retreat With An Indulgent Bent While most practitioners of mindfulness retreat to the pagoda and the sangha for space and community, The Sanchaya is stepping up as an alternative venue for a retreat that indulges silence and calm, to be sure, but great food and fine wine, as well. The 10-hectare […]
Fly Like Marty McFly on The Sanchaya’s New Electric ‘OneWheel+’ Boards The Sanchaya has welcomed self-balancing electric ‘OneWheel+’ boards, giving riders the feeling of flying along one of the world’s most stunning stretches of beach. Similar to protagonist Marty McFly’s iconic hover board in the cult classic trilogy Back to the Future, the estate’s two […]
Bank Indonesia has prepared a draft bill on the redenomination of the Indonesian Rupiah (Draft Bill). The Draft Bill is aiming to improve the economic efficiency and to create smoother commercial transactions. The Draft Bill suggests to remove the final 3 digits of the current Rupiah. By removing the final three digits, the use of […]
Investors in search of developing-world risk and reward should be looking over to Asia. India and the “tiger cubs” of Southeast Asia are the most-exciting emerging markets on the planet, when screened by six factors by Nomura (NMR) . As a result, foreign direct investment into those nations will surge from $100 billion a year now to […]
Diver Sees Rare Megamouth Shark Off the Coast of Indonesia A tourist exploring a diving site off of Indonesia’s Komodo Island on 25 July saw an extremely rare sea creature swam right by her. British open water diver Penny Bielich was exploring Gili Lawa Laut, a popular diving spot among tourists, when a Megamouth Shark […]
Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]
Freeport-McMoRan (FCX) has just reported its second-quarter results, which are very interesting to see in the light of ongoing problems in Indonesia and the recent upside in the copper market. The company reported adjusted net income of $0.17 per share on revenue of $3.7 billion, missing analyst estimates on earnings and beating them on revenue. More importantly, […]
Benchmark rate has been 4.75 pct since October. Indonesia’s central bank is widely expected to leave its benchmark rate unchanged again on Thursday as it keeps focusing on two key factors: the inflation rate and U.S. monetary policy. Bank Indonesia (BI) halted an easing cycle in October last year after cutting its benchmark rate <IDCBRR=ECI> six times. Six […]
Throughout the first half of 2017, carry was a major theme in EM; however, given the recent turn in the ultradovish rhetoric from DM central banks, we look at which EM economies would be more vulnerable if liquidity were to deteriorate and how this would impact currency selection going forward. In order to assess relative value […]
The Indian rupee on Tuesday strengthened against the US dollar, tracking gains in the local equity and Asian currencies markets. The rupee opened at 64.46 a dollar and touched a high of 64.45, a level last seen on 29 June. At 9.15am, the rupee was trading at 64.48 a dollar, up 0.12% from its Monday’s […]
Bank Indonesia Governor Agus Martowardojo expects the Indonesian rupiah to depreciate to the range of IDR 13,400 – IDR 13,700 per US dollar in 2018. This is slightly weaker than the forecast for this year at the range of IDR 13,300 – IDR 13,600 per US dollar. Main reasons why the rupiah is estimated to […]
Indonesia Becoming the New Afghanistan Indonesia Faces Downgrades as Islamic Extremism Spreads. Government Acceptance of Terrorism and Extremism is a Danger to Regional Nations. Indonesia has an active and violent ISIS community that is continuing to grow it’s influence in the world’s largest Muslim nation. Indonesia is embracing Islamic extremism and that is a danger […]
Jakarta Moves Toward Fundamentalism as Governor Basuki “Ahok” Tjahaja Purnama Guilty of Blasphemy Jakarta Governor Basuki “Ahok” Tjahaja Purnama has been found guilty of Blasphemy and sentenced to 2 years in prison, a clear indication that Jakarta is leading Indonesia down the dark road to Islamic fundamentalism. The trial has been widely seen as a […]
Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish Recently, the Indonesian government altered regulations to allow more foreign investment in the sector. Indonesia’s investment service agency only recently allowed 100-percent foreign ownership for investments above 100 billion Indonesian rupiah ($7.53 million) for the establishment of an e-commerce company in the country. The rupiah was […]
Travel News: The Sanchaya Blokart Sailing Adventure The Sanchaya is calling on thrill seekers to strap themselves into new wind-powered, three-wheeled karts and reach speeds of up to 60kph on one of the world’s most stunning beaches. [vc_row][vc_column][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] In an Indonesian first, The Sanchaya, a 21-villa and nine suite estate on Indonesia’s […]
The Sanchaya Valentines Romance Packages The Sanchaya doesn’t necessarily expect to be the same setting for any couple’s proposal, wedding, honeymoon and renewal of vows, but a host of new packages coming out this year invites just such a possibility. The new packages leverage a storybook setting on Lagoi Bay, replete with powder white sands, […]
The Sanchaya a Luxury Christmas Destination The Sanchaya is pulling out all the stops to mark Christmas and New Year’s Eve with merry good cheer and a collection of events that include a four-course champagne dinner hosted by the world’s oldest champagne house. With December temperatures set to average a balmy 27 degrees Celsius at […]
Wine News: Interview with The Sanchaya’s Sommelier Stanley Chang In life, we are all collectors, whether it be memories of our pasts, keepsakes from our journeys or goals for our futures. We constantly create, compose and gather our ideas, symbols, stories and travel experiences, storing them in the recesses of our minds and in our […]
Asian Regional Cooperation Fuels Growth Momentum Financial cooperation will bring new growth momentum to Asian countries, given that although there have been visible outcomes in this field, the scale is somewhat limited. “The low-hanging fruit has already been picked in Asian regional cooperation after years of development,” said China’s Vice Finance Minister Shi Yaobin at […]
Semen Indonesia, the nation’s largest cement maker, has achieved major savings in its operating costs by replacing coal with natural waste as fuel for electricity generation (husks and shells from tobacco, cashew and coconut production). As a result, Semen Indonesia’s costs of revenue dropped 2% year-on-year in the first half of this year to Rp […]
Olovson Takes Charge Of Luxurious Getaway Destination Near Singapore The Sanchaya welcomes seasoned professional with diverse background A man with over two decades of luxury hospitality experience and an enthusiasm for employee development and relations has been appointed to the helm of the award-winning Sanchaya. Magnus Olovson comes to the 9.6-hectare beachfront property on Bintan […]
The Sanchaya Bintan Promotes Alternative To Plastic Surgery An approach to health and well-being that smooths facial wrinkles endorsed by some of the world’s biggest names including Madonna and Kim Kardashian has come to The Sanchaya Bintan. Developed by renowned healer and skincare expert Kazumasa Kawasaki, who has an estimated 100,000 followers predominantly in his […]
Indonesian Rupiah closed down -3.000 at 13,097.000. Volume was 23% above average (neutral) and Bollinger Bands were 79% narrower than normal. Open High Low Close Volume___ 13,090.00013,111.00013,080.00013,097.000 146 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 13,111.70 13,279.04 13,460.10 Volatility: 3 8 8 Volume: 121 113 […]
FOREX IDR= closed down -30.000 at 13,135.000. Volume was 17% above average (neutral) and Bollinger Bands were 68% narrower than normal. Open High Low Close […]
FOREX IDR= closed up 28.000 at 13,135.000. Volume was 30% below average (neutral) and Bollinger Bands were 67% narrower than normal. Open High Low Close Volume___ 13,115.000 13,140.000 […]