Fri, 10 Dec 2010
From: The Jakarta Globe
By Shirley Christie
Jakarta. With positive signs mounting in Indonesia, research company Nielsen believes the country will become increasingly competitive in the next few years.

Catherine Eddy, managing director of Nielsen Indonesia, cited some of those signs on Thursday at an event in Jakarta.

Among them were increasing buying power, a per capita income expected to reach $3,000 and estimated economic growth of 6.2 percent next year.

Indonesian consumers have increasing levels of spending power, and much of the country’s population consists of younger, working adults.

“Consumption is going to shift to secondary items,” said Yongky Susilo, retail service director of Nielsen Indonesia.

While those less well-off would move toward middle-class status, he said, the current middle- and upper-class would spend more on gadgets, insurance, traveling and other secondary needs.

Yudi Suryanata, consumer research executive director for Nielsen, said younger urban couples were set to become “the future power of Indonesian consumers.”

“They are professional, young couples living in urban cities,” he said, describing them as married couples under 30 years of age with a combined monthly income of 20 million rupiah ($2,220) and living in an apartment.

Since such couples are highly educated, they are not easily influenced by marketing gimmicks and often seek recommendations from the Internet.

Nielsen backed up its assertions with data suggesting one-fifth of Indonesia’s population is exposed to the Internet, the third-largest media after television and radio.

“They are not the earliest adopters, but they usually buy something quick once it has become a trend,” Yudi said.


Fri, 10 Dec 2010
From: JakChat
Comment by Om Pong
Yep, get 'em smokin' while they're still young.



News Search/Filter
Transaction Rates
19 Oct 18
Buy
Sell
AED1
4,156.09
4,156.09
AFN1
200.85
200.85
ALL1
139.46
139.46
AMD1
31.59
31.59
ANG1
8,599.38
8,599.38
AOA1
50.47
50.47
ARS1
415.58
415.58
AUD1
10,832.05
10,832.05
AWG1
8,480.52
8,480.52
AZN1
8,966.17
8,966.17
BAM1
8,989.90
8,989.90
BBD1
7,632.45
7,632.45
BDT1
180.00
180.00
BGN1
8,940.39
8,940.39
BHD1
40,496.18
40,496.18
BIF1
8.52
8.52
BMD1
15,264.91
15,264.91
BND1
10,822.65
10,822.65
BOB1
2,208.63
2,208.63
BRL1
4,102.46
4,102.46
BSD1
15,264.91
15,264.91
BTC1
97,727,453
97,727,453
BTN1
207.56
207.56
BWP1
1,434.50
1,434.50
BYN1
7,233.41
7,233.41
BZD1
7,593.93
7,593.93
CAD1
11,671.11
11,671.11
CDF1
9.34
9.34
CHF1
15,327.75
15,327.75
CLF1
652,904.83
652,904.83
CLP1
22.57
22.57
CNH1
2,197.53
2,197.53
CNY1
2,200.28
2,200.28
COP1
4.94
4.94
CRC1
25.73
25.73
CUC1
15,264.91
15,264.91
CUP1
592.81
592.81
CVE1
160.01
160.01
CZK1
675.65
675.65
DJF1
85.73
85.73
DKK1
2,343.76
2,343.76
DOP1
305.30
305.30
DZD1
128.61
128.61
EGP1
852.31
852.31
ERN1
1,017.78
1,017.78
ETB1
547.64
547.64
EUR1
17,484.56
17,484.56
FJD1
7,143.83
7,143.83
FKP1
19,873.60
19,873.60
GBP1
19,873.60
19,873.60
GEL1
6,238.24
6,238.24
GGP1
19,873.60
19,873.60
GHS1
3,161.88
3,161.88
GIP1
19,873.60
19,873.60
GMD1
308.46
308.46
GNF1
1.68
1.68
GTQ1
1,973.35
1,973.35
GYD1
72.99
72.99
HKD1
1,947.43
1,947.43
HNL1
633.66
633.66
HRK1
2,356.96
2,356.96
HTG1
214.10
214.10
HUF1
54.10
54.10
IDR1
1.00
1.00
ILS1
4,171.93
4,171.93
IMP1
19,873.60
19,873.60
INR1
207.63
207.63
IQD1
12.80
12.80
IRR1
0.35
0.35
ISK1
129.62
129.62
JEP1
19,873.60
19,873.60
JMD1
115.42
115.42
JOD1
21,505.81
21,505.81
JPY1
136.05
136.05
KES1
151.46
151.46
KGS1
222.74
222.74
KHR1
3.72
3.72
KMF1
35.92
35.92
KPW1
16.96
16.96
KRW1
13.41
13.41
KWD1
50,341.70
50,341.70
KYD1
18,316.82
18,316.82
KZT1
41.88
41.88
LAK1
1.78
1.78
LBP1
10.09
10.09
LKR1
89.11
89.11
LRD1
97.22
97.22
LSL1
1,064.56
1,064.56
LYD1
11,040.70
11,040.70
MAD1
1,605.86
1,605.86
MDL1
896.65
896.65
MGA1
4.32
4.32
MKD1
285.16
285.16
MMK1
9.59
9.59
MNT1
6.12
6.12
MOP1
1,890.37
1,890.37
MRO1
42.75
42.75
MRU1
425.08
425.08
MUR1
443.79
443.79
MVR1
987.38
987.38
MWK1
20.98
20.98
MXN1
796.91
796.91
MYR1
3,663.98
3,663.98
MZN1
251.92
251.92
NAD1
1,047.69
1,047.69
NGN1
41.99
41.99
NIO1
474.27
474.27
NOK1
1,844.40
1,844.40
NPR1
129.73
129.73
NZD1
9,979.51
9,979.51
OMR1
39,655.41
39,655.41
PAB1
15,264.91
15,264.91
PEN1
4,575.12
4,575.12
PGK1
4,545.77
4,545.77
PHP1
281.85
281.85
PKR1
114.84
114.84
PLN1
4,060.93
4,060.93
PYG1
2.56
2.56
QAR1
4,192.41
4,192.41
RON1
3,743.99
3,743.99
RSD1
147.40
147.40
RUB1
231.94
231.94
RWF1
17.34
17.34
SAR1
4,069.07
4,069.07
SBD1
1,917.73
1,917.73
SCR1
1,099.30
1,099.30
SDG1
324.29
324.29
SEK1
1,687.99
1,687.99
SGD1
11,049.92
11,049.92
SHP1
19,873.60
19,873.60
SLL1
1.81
1.81
SOS1
26.33
26.33
SRD1
2,046.78
2,046.78
SSP1
117.18
117.18
STD1
0.72
0.72
STN1
719.36
719.36
SVC1
1,744.45
1,744.45
SYP1
29.63
29.63
SZL1
1,066.20
1,066.20
THB1
467.51
467.51
TJS1
1,621.43
1,621.43
TMT1
4,349.00
4,349.00
TND1
5,363.83
5,363.83
TOP1
6,619.96
6,619.96
TRY1
2,708.22
2,708.22
TTD1
2,264.58
2,264.58
TWD1
493.03
493.03
TZS1
6.67
6.67
UAH1
544.34
544.34
UGX1
4.02
4.02
USD1
15,264.91
15,264.91
UYU1
465.54
465.54
UZS1
1.85
1.85
VEF1
0.06
0.06
VND1
0.65
0.65
VUV1
137.28
137.28
WST1
5,826.50
5,826.50
XAF1
26.65
26.65
XAG1
222,577.30
222,577.30
XAU1
18,713,654.36
18,713,654.36
XCD1
5,648.33
5,648.33
XDR1
21,303.58
21,303.58
XOF1
26.65
26.65
XPD1
16,393,967.54
16,393,967.54
XPF1
146.52
146.52
XPT1
12,639,239.40
12,639,239.40
YER1
60.98
60.98
ZAR1
1,056.91
1,056.91
ZMW1
1,280.00
1,280.00
ZWL1
47.35
47.35
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services