It was reported in media around the globe near the end of July 2019 that Indonesia’s capital city of Jakarta has been constantly ranked in the top 10 of the world's most polluted cities over the past two months (based on AirVisual’s World Air Quality Index, AQI). And, for several days in July 2019 this mega-city was even ranked as the world's smoggiest city.
20 September 2019 (closed)
USD/IDR (14,085) -14.00 -0.10%
EUR/IDR (15,570) +14.13 +0.09%
Jakarta Composite Index (6,231.47) -13.00 -0.21%
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.
In Southeast Asia, Indonesia is considered the land of opportunity. Located at the crossroads of the Pacific and the Indian Ocean, Indonesia is climbing up the ladder in terms of its education standards to bring better work opportunities and business arenas for the locals as well as foreigners.
On Monday 1 July 2019 Statistics Indonesia (BPS) released Indonesia’s latest inflation data. The data show that headline inflation in Southeast Asia’s largest economy eased to a level of 0.55 percent month-on-month (m/m) in June 2019, down from 0.68 percent (m/m) in May 2019 when price pressures peaked due to Ramadan and Lebaran celebrations. This period always gives rise to a significant boost in consumption, hence prices of foodstuffs peak. Meanwhile, people also tend to buy new clothes, bags and shoes because they want to look good at these celebrations.