• Beatles Drummer Ringo Starr Sues Indonesian Firm over 'Ringgo Star' Brand

    Legendary pop star Ringo Starr was not amused when he learned that Indonesian company Asia Global Media - a Jakarta based information technology and services firm - registered a brand name at the Directorate General of Intellectual Property (DGIP) that is very similar to his own name. Former Beatles drummer Richard Starkey, known professionally as Ringo Starr, filed a lawsuit at the Commercial Court in Central Jakarta in February 2016 over the use of the 'Ringgo Star' brand that was registered by Asia Global Media.

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  • Inflation in Indonesia: Rising Pressures Due to La Nina?

    Inflation is under control in Indonesia. Based on the latest data from Statistics Indonesia (BPS), Indonesian inflation eased to 3.60 percent (y/y) in April 2016, well within the target range of the nation's central bank and central government. However, inflationary pressures in Southeast Asia's largest economy may rise in the second half of the year because there is a big chance that the El Nino weather phenomenon is to be followed by the La Nina weather phenomenon. Both weather phenomenons impact heavily on Indonesia's agricultural output.

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  • Indonesia Investments' Newsletter of 22 May 2016 Released

    On 22 May 2016, 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 economic matters such as revisions made to the economic growth forecasts for Indonesia in 2016 and 2017, the trade balance, batik industry, infrastructure, rupiah & stocks, company updates, and much more.

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  • Production Costs in Indonesia's Ceramic Industry Could Fall 35%

    The Indonesian Ceramic Industry Association (Asaki) estimates that production costs in Indonesia's ceramic industry could decline up to 35 percent now the government plans to lower the gas price for industrial usage. Elisa Sinaga, Chairman of the Asaki, said Indonesian ceramic producers currently pay an average USD $9.1 per mmbtu (million metric British thermal units) for the ceramic production process, considerably higher than the gas prices that manufacturers pay in Singapore, Thailand, and India. This difference makes Indonesian ceramic products less competitive.

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