US Trade Deficit Widened to a Record USD 131.4 bn in Jan-25

US Trade Deficit Widened to a Record USD 131.4 bn in Jan-25

The US trade deficit increased to USD 131.4 bn in Jan-25 (vs Dec-24; USD 98.1 bn; forecast: USD 127.4 bn) as imports surged 10% to a record USD 401.2 bn, driven by preemptive buying ahead of tariffs. The trade gap widened with China (USD -29.7 bn), the EU (USD -25.5 bn), and Switzerland (USD -22.8 bn). (Trading Economics)

 

INDUSTRY
President Accelerated 21 Downstream Projects with IDR 180 Tn from Danantara
The Govt. expedited 21 downstream projects, including four coal gasification projects into Dimethyl Ether (DME), with total investments reaching IDR 180 tn from BPI Danantara. The DME project, valued at USD 11 bn, is the largest and may involve state-owned enterprises. The first phase targets USD 618 bn, covering crude oil storage, refineries, and DME production. (Emitennews)

 

COMPANY
BCAS: SIDO IJ – FY24 Earnings – Inline

SIDO recorded a net profit of IDR 1.17 tn in 2024 (vs 2023; IDR 950.64 bn; +23.15% YoY), with EPS rising to IDR 39.03 from IDR 31.69. Revenue grew to IDR 3.91 tn (+9.83% YoY), while COGS increased to IDR 1.61 tn. Gross profit reached IDR 2.3 tn (vs 2023; IDR 2.01 tn). Operating profit rose to IDR 1.47 tn (vs 2023; IDR 1.19 tn). (Emitennews)