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.
On Monday 6 January 2025, it was announced by Brazil - which currently holds Chairmanship - that Indonesia has officially become a full member of the BRICS bloc, an intergovernmental organization that is considered an alternative to the G7 bloc.
On 7 January 2025, a delegation of US multinational technology company Apple Inc. visited Indonesia to discuss the company's investment plans in Southeast Asia's largest economy. This is assumed to involve two matters: the recent iPhone 16 sales ban in Indonesia, and the construction of a USD $1 billion AirTag factory in Batam (near Singapore).
Erick Thohir, Indonesian Minister of State-Owned Enterprises, confirmed that a merger is being planned between three state-owned airlines, namely: (1) Garuda Indonesia, (2) Citilink Indonesia, and (3) Pelita Air. This corporate action is targeted to be completed before the end of 2025
As expected, Indonesian inflation remained relatively low in December 2024, at 0.44 percent month-on-month (m/m), amid the year-end holiday season (Christmas and New Year celebrations).
