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.
There are many important commodities. But if we talk about food commodities, then rice certainly ranks high. This particularly applies to Asia where the populations are dependent on rice as the basic staple food that is consumed every day (and usually up to three times per day).
As usual, we take a look at a number of macroeconomic indicators to assess the state of the Indonesian economy ahead of the release of Q2-2023 gross domestic product (GDP) data (we expect Indonesia’s Statistical Agency, or BPS, to release the data in the second week of August 2023).
On 10 June 2023 the Indonesian government imposed a ban on bauxite ore exports in a bid to encourage the development of a domestic bauxite processing and refining industry. This move was not a surprise. Over the past couple of years, government officials had mentioned their desire to ban bauxite ore exports from June 2023. And in December 2022 it was Indonesian President Joko Widodo himself who reaffirmed this ambition.
On 17 May 2023 the Attorney General’s Office of Indonesia officially named Johnny G. Plate, Minister of Communication and Information, a suspect in a corruption case that involves the construction of base transceivers stations across the Archipelago. Plate was also immediately arrested in Jakarta.
