Through the revision of an existing regulation the Indonesian government aims to support growth in the nation's property sector. The revision involves a tax incentive that allows Indonesia's first-time home buyers to obtain a subsidized lending rate (mortgage). Those first-time home buyers who have a maximum monthly income of IDR 7 million (approx. USD $504) are eligible to enjoy this incentive that falls under the Housing Loan Liquidity Facility (Fasilitas Likuiditas Pembiayaan Perumahan, abbreviated FLPP).

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Early in the morning of Friday (15/01), Indonesia's counter terrorism squad (known as Densus 88) arrested three people in connection with the terrorist attacks that occurred in Central Jakarta on Thursday. The attacks yesterday led to seven casualties (two civilians and five terrorists) as well as more than 20 injured people. Today's arrests were made in Depok, located not far from Indonesia's capital city of Jakarta.

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Indonesia posted a trade deficit of USD $230 million in December 2015 as imports (USD $12.12 billion) exceeded exports (USD $11.89 billion), the second monthly trade deficit in 2015. Overall, the country's trade balance shows a surplus of USD $7.51 billion in 2015, significantly improving from the USD $2.2 billion trade deficit in the preceding year. But despite posting a good trade surplus in full-year 2015, a closer look at the data still reveals weak global and domestic conditions.

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Several people, five terrorists and two civilians, have been killed in a series of multiple explosions and gunfire in the center of Indonesia's capital city of Jakarta. Around 10:50 am local Jakarta time the first explosion occurred near the Sarinah department store on Jalan M.H. Thamrin in Central Jakarta. Previously Indonesian authorities had already received a threat from Islamic State that the country would be in the spotlight of this terrorist organization. Islamic State has claimed responsibility for the attacks.

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