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.

  • Power Sector Indonesia: PLN to Tender Java I Steam & Gas Power Plant in June

    Five high-profile consortia have expressed their interest to develop the USD $2 billion Java I steam & gas power plant in Muara Tawar, Bekasi (West Java). State-owned utility company Perusahaan Listrik Negara (PLN), owner of this project and the company that is responsible for distributing electricity to the nation's 255 million people, said it is scheduled to tender this mega-project in June 2016. Indonesia's electrification ratio (the percentage of Indonesian households that are connected to the nation's electricity grid) is low at around 82 percent, implying there are still dozens of millions of Indonesians who lack access to electricity.

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  • Indonesia Attracts $606 mln Worth of Investment Commitments from the Netherlands

    Rosan Roeslani, Chairman of Indonesia's Chamber of Commerce and Industry (Kadin Indonesia), is optimistic that investment from the Netherlands into Indonesia will continue to grow in the years ahead as the Indonesian government has been focused on improving the investment climate of Southeast Asia's largest economy. President Joko Widodo's visit to the Netherlands (22-23 April 2016) resulted in about USD $606 million worth of Dutch investment commitments, signed on Friday (22/04) in The Hague.

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  • 32 Indonesian Companies Fined, Found Guilty of Forming Beef Cartel

    Indonesia's Business Competition Supervisory Commission (KPPU) penalized 32 Indonesian cattle importer and beef feedlot companies with a combined IDR 107 billion (approx. USD $8.1 million) in fines on grounds of the practice of unfair competition. These 32 companies have been found guilty of forming a cartel with the aim of controlling local beef prices, curtailing beef imports, and curtailing the distribution of beef at the expense of the Indonesian consumer, particularly in the Greater Jakarta area.

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  • Indonesia Investments' Newsletter of 24 April 2016 Released

    On 24 April 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 political and economic matters such as Joko Widodo's visit to Europe, the monetary policy of Bank Indonesia, Indonesia's Gini ratio, the palm oil and coal sectors, foreign ownership of property in Indonesia, the problems surrounding infrastructure spending in Indonesia, and more.

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