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.
Qatar-based global communications company Ooredoo QPSC and Hong Kong-based multinational conglomerate CK Hutchison Holdings Limited signed an agreement to merge their Indonesian businesses: Indosat Ooredoo (which is publicly listed on the Indonesia Stock Exchange or IDX under ticker code ISAT) and Hutchison 3 Indonesia (known for its brand Tri); a deal that is valued at USD $6 billion.
Between November 2020 and June 2021 we saw Indonesia’s manufacturing sector recovering from the ultra-lows that were recorded in the second and third quarters of 2020.
As expected, Indonesia posted very mild inflation in August 2021 amid the country’s (continued) social and business restrictions (PPKM) that disrupt demand across the economic centers on Java and Bali.
Soon, Indonesians will be able to enjoy the famous Subway sandwiches, again. In the fourth quarter of 2021 a couple of Subway stores are targeted to be opened in the Greater Jakarta region via a country franchise model (reportedly Subway’s very first country franchise model) with Sari Sandwich Indonesia. This model means no other parties are allowed to open Subway outlets in Indonesia.
