On Tuesday (09/08), Terminal 3 of the Soekarno-Hatta International Airport, located just outside Indonesia's capital city of Jakarta, becomes operational. This IDR 7.7 trillion (approx. USD $588 million) terminal is designed to have the capacity to handle some 25 million passengers per year. In the first phase of the terminal's operations, national flag carrier Garuda Indonesia will use it for its domestic flights (about 126 per day). Gradually, Garuda will serve international flights from this terminal, followed by international flights of other airlines.

Lanjut baca ›

Total foreign direct investment (FDI) in the ASEAN region (Association of Southeast Asian Nations) fell USD $10 billion - or 7.7 percent year-on-year (y/y) - in full-year 2015 according to information from the ASEAN Secretariat. Particularly FDI originating from ASEAN's dialogue partners slid considerably. ASEAN has 10 dialogue partners: Australia, Canada, China, the European Union (EU), India, Japan, New Zealand, South Korea, Russia, and the United States.

Lanjut baca ›

Over the past two months global coal prices have surged, primarily on the back of rising coal demand in China where local coal production capacity was curtailed as authorities seek to curb industrial overcapacity. Indonesia's coal price (Harga Batubara Acuan, abbreviated HBA), a monthly rate set by the nation's Energy and Mineral Resource Ministry, rose 10.1 percent (m/m) to USD $58.37 per ton in August from USD $53.00 per ton in the preceding month, a remarkable rebound that pushed the HBA to a one-year high.

Lanjut baca ›

Production of heavy equipment in Indonesia continues to slide. In the first half of 2016 Indonesia produced a total of 1,471 heavy equipment units, down 35 percent (y/y) from 2,256 units in the same period one year earlier. Meanwhile, utilization of the nation's installed heavy equipment production capacity plunged from 40 percent to 30 percent over the same period. Overall, the heavy equipment sector of Indonesia has been plagued by weak conditions in the mining and agriculture sectors. The construction sector now forms the main source of heavy equipment sales.

Lanjut baca ›