• Matthew Myers: Indonesia Not Protected from the Dangers of Smoking

    The tobacco and cigarette business in Indonesia is big business. Two tobacco companies are positioned within the top ten of largest companies listed on the Indonesia Stock Exchange (in terms of market capitalization) as there exists a huge market for cigarettes in Indonesia with some 65 percent of Indonesian men being smokers (due to Indonesia's socio-cultural context few Indonesian women smoke). Moreover, the Indonesian government seems unwilling to limit cigarette consumption (both active and passive smoking) among the population.

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  • Commodities Indonesia: Moratorium on New Coal Mining Concessions

    Indonesia's Ministry of Energy and Mineral Resources will soon issue a moratorium on new coal mining concessions. This moratorium will be implemented after the issuance of a planned presidential instruction regarding a five-year moratorium on new palm oil plantation concessions. Heriyanto, Head of the Legal Department Directorate General of Minerals and Coal at the Energy Ministry, emphasized that the moratorium in Indonesia's mining industry only involves coal, not the mining of minerals.

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  • Capital Punishment Indonesia: New Round of Executions Expected Soon

    More and more signs indicate that Indonesia is about to have a new round of executions. Convicted Indonesian drug trafficker Merry Utami - who received the death sentence for carrying more than a kilogram of heroin - was moved from a women's prison in Tangerang (Banten province) to Nusa Kambangan Island (an offshore part of Central Java) this weekend. Nusa Kambangan Island is the spot where Indonesian authorities routinely carry out executions. Meanwhile, reportedly, the embassy of Nigeria was asked to visit four Nigerian prisoners at the Nusa Kambangan prison at the start of the week.

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  • IMF Cuts Global Growth Outlook on Brexit, Indonesia Affected?

    The International Monetary Fund (IMF) announced on Tuesday (19/07) that it cut its forecast for global economic growth in both 2016 and 2017 by 0.1 percentage point to 3.1 percent (y/y) and 3.4 percent (y/y), respectively. The downward revision is the result of a "substantial increase in economic, political, institutional uncertainty" due to the exit of Britain from the European Union (the so-called "Brexit"). In fact, if there were no Brexit, the IMF would have made an upward revision to its 2017 economic growth outlook, according to a statement made on the IMF website.

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