The Today's Headlines section of Indonesia Investments is a regularly updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines 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.
According to the latest data from Statistics Indonesia (BPS), the country's trade balance showed a USD $1.74 billion surplus in June 2018. It was a much bigger surplus than had been estimated by analysts, primarily caused by weaker import growth than had been predicted by analysts.
The Indonesia Stock Exchange (IDX) revised its target for the number of initial public offerings (IPOs) on the IDX to 35 (from 25 previously) in full-year 2019. The revision was made after the IDX detected plenty of demand for future IPOs in Indonesia.
On 16 July 2018 Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the past seven days. Most of the topics involve economy and market-related topics such as Freeport Indonesia's divestment process, the 2018 State Budget, corporate green bonds, coal mining, FDI, and more.
The Indonesian government and US mining giant Freeport-McMoRan Copper & Gold Inc are entering the final stage of the divestment process after both sides signed the Head of Agreement on Thursday (12/07). The agreement means that state-owned mining company Indonesia Asahan Aluminum (Inalum) will obtain a 51.23 percent stake in Freeport Indonesia via a series of complex deals worth USD $3.85 billion.
