Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.
We plan to give an update on Indonesia’s 2024 legislative and presidential elections each quarter because these elections are quite important for the future of Indonesia. As is widely known, incumbent President Joko Widodo cannot join this 2024 race because of the two-term limit, and so – after one decade in office – Indonesia will have a new president in 2024.
The holy Islamic fasting month (Ramadan) and the weeklong celebrations that mark the end of the Ramadan (known as Idul Fitri or Lebaran in Indonesia) is important for the Indonesian economy as it is a period when people consume more than usual.
Indonesia’s Statistical Agency (Badan Pusat Statistik, or BPS) announced at the start of February 2023 that it had recorded a total of 5.47 million foreign visitor arrivals in full-2022. It means Indonesia managed to achieve its foreign visitor target (quite easily) last year (which was set at the wide range of 1.8 – 3.6 million).
On 21 December 2022 Indonesian President Joko Widodo stated that the Indonesian government will ban exports of bauxite ore starting from June 2023 in an effort to encourage the development of a domestic bauxite processing and refining industry.
