Today's Headlines in Indonesia
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.
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Uncertainty about Gas Price Undermines Investment in Indonesia
The high gas price in Indonesia is unattractive and therefore discourages investment realization in Southeast Asia's largest economy, especially investment in the Chemical, Textile and Miscellaneous Industries (CTMI) segment. The main contributors to investment in this segment are the chemical and pharmaceutical industries.
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Biodiesel Producers in Indonesia Looking for New Export Markets
Indonesian biodiesel producers are in search of new export markets after the USA announced to introduce heavy anti-dumping duties and anti-subsidy rates on palm oil-based biodiesel imports from Indonesia. The Trade Ministry said Indonesia exported USD $255.6 million worth of biodiesel to the USA in 2016. This constitutes 89.2 percent of Indonesia's total biodiesel shipments.
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Indonesia Needs Investment to Achieve Salt Self-Sufficiency
The Indonesian Association of Salt Industries (AIPGI) urges the Indonesian government to encourage investment in the country's salt industry in order to reduce reliance on imports of salt from abroad. Indonesia consumes about 4.2 million tons of salt per year. However, domestic production can only reach up to 2 million tons, hence more than half of Indonesia's salt demand needs to be imported.