An Indonesian delegation collected more than USD $1.6 billion worth of investment commitments in a follow-up meeting after the Belt and Road summit in Beijing (held on 14-15 May 2017). These investment commitments come from two Chinese companies - Delong Steel Ltd and Tsing San Group - that are set to build a carbon steel factory in the industrial zone of Morowali (Central Sulawesi). Both firms team up with Indonesian company Indonesia Morowali Industrial Park for the development of the factory.

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On 18 June 2017, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related matters such as Bank Indonesia's monetary policy, Indonesia's banking sector, the difficulty for Indonesia to become an innovative economy, foreign investment, IPOs, the bond market, and much more.

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In its "war on tax evasion" Indonesia scored another victory by reaching an agreement ("Bilateral Competent Authority Agreement") with Hong Kong to share data of Indonesian taxpayers who hold accounts in the Asian wealth management hub. Indonesia's Tax Office assumes (or better: knows) there are plenty of wealthy Indonesians who take advantage of the low tax regime in Hong Kong and deliberately do not report these funds to Indonesian authorities.

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Indonesia's economic acceleration, the nation's recently obtained investment grade status from Standard & Poor's (S&P) and the (near) record high position of the benchmark Jakarta Composite Index makes it more attractive for Indonesian companies to conduct an initial public offering (IPO) on the Indonesia Stock Exchange. Moreover, the Federal Reserve is committed not to cause too much volatility in markets by acting cautiously and communicating its (possible future) moves clearly.

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