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.
Indonesia's Ministry of Environment and Forestry emphasizes that manufacturers in the country's automotive industry do not need to be concerned about the implementation of European emission standards, the standards that define the acceptable limits for exhaust emissions of new vehicles.
Across the world the use of the electronic cigarette (e-cigarette), a habit that is often called vaping, has risen significantly since the introduction of the modern e-cigarette in 2003 (in China). Also in Indonesia more and more people are seen using the e-cigarette, a device that tries to create the sensation of tobacco smoking.
Indonesian financial institution Bank Rakyat Indonesia (BRI) targets to see double-digit profit growth in 2018 supported by rising credit growth. Suprajarto, President Director of BRI, said rising revenue and the implementation of efficiency measures will boost the bank's performance in 2018. Moreover, Indonesia's banking sector is currently "hot", reflected by surging shares of the big listed Indonesian banks on the Indonesia Stock Exchange.
Although motorcycle sales in Indonesia fell slightly in 2017, an improvement was detected. Sales fell 0.76 percent year-on-year (y/y) to 5.88 million motorcycle units in 2017, improving from a 8.4 percent (y/y) decline in the preceding year. Meanwhile, the Indonesian Motorcycle Industry Association (AISI) predicts a rebound as it expects growth up to 3 percent (y/y), or around 6 million motorcycles, in 2018.
