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.
On Monday (06.12.2021) Indonesia Investments released the November 2021 edition of its monthly report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were important and influential issues in Indonesia in the month of November 2021.
Those who follow Indonesian politics and/or the Indonesian economy should know that November is the month in which new minimum wages are determined for the following year. It involves the minimum wages for the provinces (propinsi), districts (kabupaten), and cities (kota).
Over the past decade or so many analysts – including us – have pointed out that the structural deficit in Indonesia’s current account balance is a serious weakness.
Indonesia’s October 2021 export performance was impressive. Based on the latest data from Statistics Indonesia (Badan Pusat Statistik, BPS), Indonesia exported USD $22.03 billion worth of goods in October 2021, thereby setting a new all-time record high.
