Irvin Avriano A.
Credit Suisse start to eyes Indonesia's consumer sector
JAKARTA: Credit Suisse AG, a global financial service company, start to eyes on Indonesia's consumer related sector.
It is proved by the insertion of Indonesia's consumer related sector to their survey in Asia-Pacific last year while another country began years earlier. The survey's result announced today, through a press teleconference.
In the survey, Credit Suisse cooperate with AC Nielsen, a global survey organization.
"India and Indonesia absolutely being our concern because the consumer level are higher than others, and it is almost impoossible to throw those countries from our list," said Credit Suisse China Head of Research Vincent Chan.
Credit Suisse analyst Arief Wana added the survey said Indonesia's consumer goods sector still have a big room to raised this year, related to survey result that said the non-Java citizen consumption level are still low.
The non-Java citizen assessed will also add factor to raised consumption level because they will lower their money saving level than before, to spend itu out.
Credit Suisse calculate the level income per month for non-Java citizens are still higher than the Java-live citizen. It counted IDR2.84 million, higher than the Java IDR.46 mio.
The level of saving money per month for non-Java people also higher than the Java, counted IDR0.52 mio to IDR0.24 mio.
Beside of it, he also noted there are several stock that influenced by hiked consumer level last year, and assessed will be grow this year. Those stock are PT Bank Rakyat Indonesia Tbk (BRI), PT Kalbe Farma Tbk, and PT Unilever Indonesia Tbk.
"Then, there are PT Semen Gresik Tbk, PT Gudang Garam Tbk, PT Astra International Tbk, PT Indosat Tbk, PT Bank Mandiri Tbk, dan PT Ramayana Lestari Sentosa Tbk. There are just a few that picked over only from our emitters coverage."