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.

  • Consumer Price Index Indonesia: Inflation at 3.31% in October

    Statistics Indonesia (BPS) announced that inflation in Indonesia was recorded at 0.14 percent month-on-month (m/m) in October 2016, slightly higher than had been expected by analysts but lower compared to the 0.22 percent (m/m) of inflation that was reported in the preceding month. Meanwhile, on an annual basis (y/y), Indonesia's inflation rate accelerated to a seasonally adjusted 3.31 percent (y/y) in October, from 3.07 percent (y/y) in the preceding month.

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  • Government of Indonesia Offers 50% Discount on Income Tax

    The government of Indonesia offers a new incentive to entrepreneurs in Indonesia's footwear and textile (and textile products) sectors who employ at least 2,000 workers and export 50 percent of their total sales. Authorities give a 50 percent discount on income tax to those workers that earn a maximum IDR 50 million (approx. USD $3,850) per year. Both Indonesia's footwear and textile sectors have been plagued in recent years by slowing economic growth, the weak rupiah and rising minimum wages.

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  • Indonesia Investments' Newsletter of 30 October 2016 Released

    On 30 October 2016, 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 economy-related topics such as investment realization, the ease of doing business, the 2017 State Budget, tourism in Raja Ampat, the Mirna murder case, corruption, the financial sector, credit growth, and more.

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  • Infrastructure Budget Indonesia Rises in 2017 State Budget

    In the 2017 State Budget the Indonesian government allocated IDR 387.3 trillion (approx. USD $29.8 billion) for infrastructure development, up from IDR 317.1 trillion in the 2016 budget. Since Joko Widodo became Indonesian President in 2014 the infrastructure budget of Indonesia has been raised rapidly, showing that Widodo kept his pledge and is serious about constructing roads, bridges, airports, harbors, and railways in an effort to enhance connectivity in Southeast Asia's largest economy, reduce logistics costs and enforce the multiplier effect.

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