• Indonesia Stock Market & Rupiah Update: China & Fed Hike in Focus

    Indonesian stocks and the rupiah weakened on Monday morning (30/11). Indonesia's benchmark Jakarta Composite Index (IHSG) was down 0.84 percent to 4,522.09 points, while the Indonesian rupiah had depreciated 0.21 percent to IDR 13,830 per US dollar (Bloomberg Dollar Index) by 11:15 am local Jakarta time. Negative sentiments still stem from China and the looming Fed Fund Rate hike in December, while there are few to none domestic sentiments that can support the nation's assets.

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  • Batang Plant: Test Case for Indonesia's Land Acquisition Act

    Land acquisition remains a major obstacle to infrastructure development in Indonesia. Full-scale construction of the USD $4 billion Batang plant, a 2 GW coal-fired power plant in Central Java, is waiting for the final ruling of Indonesia's Supreme Court near the year-end. This court case is an important one as it will be the first court case to test Indonesia's Law No.2/2012 on Land Procurement for Development in the Public Interest (known as the 'Land Acquisition Act'). The Batang plant is a public-private partnership (PPP) project.

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  • Indonesia Investments' Newsletter of 29 November 2015 Released

    On 29 November 2015, 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 updates on inflation, the palm oil industry, purchasing power, the coal mining industry, IPOs, radical Islam, sustainable finance, the timber industry, and more.

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  • Commodity Watch: What about Indonesian Crude Palm Oil in 2016?

    Global crude palm oil (CPO) prices may climb up to USD $800 per metric ton in 2016, from USD $575 per ton (FOB) currently, due to the looming implementation of the B20 biodiesel program in Indonesia and curbed CPO output in 2016. Moreover, global oil prices are expected to rise to around USD $60 per barrel in 2016. Higher petroleum prices should boost demand for biodiesel (diesel blended with palm methyl ester, which is subsidized through the Indonesian government's CPO fund program).

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