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Unilever Indonesia sees 'stabilized' sentiment

Unilever Indonesia President Hemant Bakshi said the company will step up marketing efforts during the Islamic holy month of Ramadan.

JAKARTA -- Consumer sentiment in Indonesia is showing signs of improvement after a slump last year, the top executive at Unilever Indonesia, the country's largest consumer goods company, said on Tuesday.

"Overall, the economic conditions have stabilized," Hemant Bakshi, the company's president, said at a conference. "We are not seeing -- at least when we look at our business and the things around us -- the steady slowdown we [saw] last year."

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