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INDONESIA:  Country Wrap: New Government to Delay VAT Hikes. 

INDONESIA
EM BulletBulletIndonesiaAPACEmerging Market News
  • Indonesia Economic Adviser Says VAT Hike May Be Delayed:  (source: Kompas)
  • Palm Oil Extends Gain on Concerns Heavy Rain May Hurt Production (source:  BBG)
  • Indonesia’s Jakarta Composite was down -0.45% today following yesterday’s decline of -0.93%.
  • IDR – was the best performer of its regional peers up +0.48% to 15,857.
  • Bonds: bond yields were higher across the curve today as the front end was pressured.  10-year 6.934%. 
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  • Indonesia Economic Adviser Says VAT Hike May Be Delayed:  (source: Kompas)
  • Palm Oil Extends Gain on Concerns Heavy Rain May Hurt Production (source:  BBG)
  • Indonesia’s Jakarta Composite was down -0.45% today following yesterday’s decline of -0.93%.
  • IDR – was the best performer of its regional peers up +0.48% to 15,857.
  • Bonds: bond yields were higher across the curve today as the front end was pressured.  10-year 6.934%.