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.

  • 2nd Phase Indonesia's Tax Amnesty Program Ended, What's the Score?

    The second phase of Indonesia's tax amnesty program ended on 31 December 2016 and therefore it is interesting to take a look at the results during this phase. In short, results are mixed. We had already reported that in terms of asset declarations, the initial target of the program was already achieved a couple of weeks ago. However, in terms of asset repatriations (into Indonesia), the program has disappointed so far, and, unless the government will introduce new policies or incentives, will not achieve the target.

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  • Indonesia Investments' Newsletter of 1 January 2017 Released

    On 1 January 2017, 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 last seven days. Most of the topics involve political, social and economy-related topics such as the performance of Indonesian stocks and the rupiah, the number of foreign workers in Indonesia, property, natural disasters, terrorism, palm oil export tax, mineral ore export ban, GDP, and more.

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  • Performance Indonesia's Stock Market & Rupiah in 2016

    When on Friday afternoon (30 December 2016) the Indonesia Stock Exchange (IDX) closed its doors it effectively brought the year 2016 to an end in terms of stock trading on the local bourse. On Friday Indonesia's benchmark Jakarta Composite Index fell 0.11 percent to 5,296.71 points after two days of impressive gains. However, when looking at full-year 2016 the Jakarta Composite Index climbed 15.32 percent, hence being the second-best performing (national) benchmark stock index (after Thailand) in the Southeast Asian region in 2016.

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  • 2016 Was a Year Full of Natural Disasters in Indonesia

    Sutopo Purwo Nugroho, spokesman for Indonesia's National Disaster Mitigation Agency (BNPB), said the year 2016 was the worst year over the past 14 years in terms of natural disasters in Indonesia. A total of 2,342 natural disasters, including landslides, floods, storms, earthquakes, and volcanic eruptions, were counted by the agency, up 35.2 percent year-on-year (y/y) from 1,732 natural disasters in the preceding year.

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