Indonesia Investments added the company profile of Trans Power Marine in the Indonesian companies section. Trans Power Marine (TPMA) is a listed Indonesian shipping company that engages in the transport of bulk goods, in particular coal. Although coal prices have plunged in recent years, the financial performance of Trans Power Marine was relatively unaffected because most of the company's customers are end-users. The company conducted its initial public offering (IPO) in February 2013.

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According to the Deputy Minister of Transportation Bambang Susantono, the construction of the Trans-Java railroad is well on its way and might be fully operational from the first quarter of 2014. The Trans-Java railroad is a 727-kilometer double-track railroad that connects Jakarta and Surabaya, Indonesia's two largest cities. Most of the railroad, which costs the government IDR 9.8 trillion (USD $852.2 million), will be ready for use before New Year but there are still a few plots of land that the government needs to acquire.

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Indonesia Investments uploaded the company profile of Indonesia AirAsia in the Indonesian Companies section. Indonesia AirAsia, unit of Malaysia's AirAsia, is a private company that engages in low-budget airline services in Indonesia. Although small compared to Lion Air (the dominating force in Indonesia's low cost segment), Indonesia AirAsia posts good growth in the region's most prospective air travel market. In the second quarter of 2013, its total number of passengers increased 33 percent (yoy) to 1.92 million people.

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Contrary to what most analysts expected, Indonesia experienced deflation of 0.35 percent in September 2013. The figure was released today (01/10) by Statistics Indonesia. Deflation was particularly triggered by easing food prices (including onions, peppers, beef, fresh fish and carrot) and lower tariffs for air and train transportation as well as inter-city transport fares. Previously, it was expected that Indonesia would record low inflation (less than 1 percent) in September. Year-on-year inflation eased to 8.40 percent (from 8.79 in August).

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Indonesia Investments has added the company profile of Ancora Indonesia Resources to the Indonesian Companies section. Ancora Indonesia Resources is a diversified natural resources company focused on Indonesia. The company's business activities include mining, trade, transportation and services, which are conducted through the company’s subsidiaries Multi Nitrotama Kimia and Bormindo Nusantara. Indonesia's current Trade minister Gita Wirjawan owns a large stake in the company.

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About one week ahead of the APEC Economic Leaders' Week in Bali, Indonesia's President Susilo Bambang Yudhoyono inaugurated the 12.7-kilometer long toll road in Bali on Monday (23/09). The toll road, which runs almost entirely on viaducts above the sea, consists of a north-south route from the city of Denpasar to Nusa Dua, as well as a branch to the Denpasar airport (Ngurah Rai International Airport) and a connection to the port of Benoa. Operator of the Bali toll road is Jasamarga Bali Toll, a consortium of state-controlled companies.

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With the development of a production hub for low cost green cars (LCGCs), Indonesia hopes to become the leading car producer within the group of ASEAN nations. Total car sales in ASEAN in 2012 surpassed the three million cars mark. The two largest contributors to these sales were Thailand (1.3 million sold cars) and Indonesia (1.1 million). Currently, Thailand is still the largest car production hub in the ASEAN region, both in terms of production rate and domestic sales (despite having only 60 million citizens to Indonesia's 240 million).

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The company profile of the Blue Bird Group has been updated in the Indonesian Companies' section. The Blue Bird Group is Indonesia's largest taxi operator with a current fleet size of about 26,000 taxis. The company is planning to conduct its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the fourth quarter of 2013, through which it aims to raise over USD $600 million. It has been reported that Credit Suisse, Rothschild and UBS will act as underwriters. Funds will be used for expansion and rejuvenation of its taxi fleet.

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Indonesia's Ministry of Transportation has issued a temporary moratorium on the issuance of permits for the establishment of new airlines in Indonesia. A spokesman of the Ministry said that airports will become too crowded if more applications are approved. Overcrowded airports will result in more flight delays and entails risks for safety. An increase in flight frequency of already established airlines is still permitted. The Ministry is also concerned that if more permits are issued, current rife competition between airlines will intensify.

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Indonesia's Ngurah Rai Airport on the idyllic island of Bali is now the country's largest airport in terms of passenger capacity. Being newly renovated, it can handle 25 million passengers per year. As such, it has surpassed Soekarno-Hatta International Airport, located just outside Jakarta (Java), and the new Kuala Namu airport in Medan (Sumatra), which have passenger capacities of 22 million and 8.1 million respectively. However, after renovation of terminal three at Soekarno-Hatta will be finished, Ngurah Rai is to lose its top spot again.

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In its most recent report regarding Indonesia's economy, the World Bank states that high logistic costs form a serious impediment to the country's economic growth. The report, titled Annual Logistics Report, is compiled by Bandung Institute of Technology’s Research Center for Logistics and Supply Chains, the Indonesian Logistics Association (ALI), the STC Group, Panteia Research Institute, and the World Bank Indonesia Office. The report provides an analysis and overview of the progress made in tackling the problem of logistics in Indonesia.

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In recent years, Indonesia's car sales have shown robust growth, culminating in a record high number of 1.12 million sold car units in 2012. This is an important statistic because car sales inform us about the state of the economy. Generally, rising car sales indicate an expanding economy while declining car sales indicate that the economy is slowing down. When we take a look at the table below, there is a link visible between Indonesia's GDP growth and rising car sales, except for 2011 to 2012 when GDP growth declined while car sales rose.

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