15 July 2019 (closed)
USD/IDR (13,949) +24.00 +0.17%
EUR/IDR (15,637) -42.02 -0.27%
Jakarta Composite Index (6,418.23) +44.89 +0.70%
The Today's Headlines section of Indonesia Investments is a daily updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines will cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
On Sunday 14 July 2019 Indonesian President Joko Widodo unveiled his vision for Indonesia in the 2019-2024 period, which will be his second – and final - term as president of Southeast Asia’s largest economy (with the inauguration of his new cabinet scheduled for late-October 2019).
In line with expectations, the central bank of Indonesia (Bank Indonesia) decided to leave its benchmark interest rate – the BI 7-Day Reverse Repo Rate – unchanged at 6.00 percent, while also maintaining its deposit facility and lending facility rates at 5.25 percent and 6.75 percent, respectively, at the two-day monthly monetary policy meeting that was held on 19 and 20 June 2019.
Again, Indomie was named Indonesia’s most well-known fast-moving consumer goods (FMCG) brand in the Brand Footprint (2019 edition), compiled by Kantar Indonesia, the local branch of the world’s leading data, insights and consulting company. It is the seventh straight year that Indomie leads the Brand Footprint ranking in Indonesia. This ranking is based on most-bought FMCG products in Indonesia.
On Friday (05/07) Indonesia Investments released the June 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of June 2019 and also touches upon key international developments that impacted on the Indonesian economy.
