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.

  • Terrorism Indonesia: Impact on Starbucks' License Holder Mitra Adikperkasa

    Mitra Adiperkasa, the retail company that holds the license to operate Starbucks in Indonesia, said its corporate performance will not be too much affected by the terrorist attacks in Jakarta. The company's Starbucks branch located at Jalan MH Thamrin No. 9 in Central Jakarta was target of Muslim militants on Thursday (14/01). After the attacks Mitra Adiperkasa closed all its Starbucks branches in Jakarta for the day. On Friday (15/01) the branches reopened with the exception of the Thamrin branch that was heavily damaged by the terrorist actions.

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  • Property Sector: Tax Incentive for Indonesia's First-Time Home Buyers

    Through the revision of an existing regulation the Indonesian government aims to support growth in the nation's property sector. The revision involves a tax incentive that allows Indonesia's first-time home buyers to obtain a subsidized lending rate (mortgage). Those first-time home buyers who have a maximum monthly income of IDR 7 million (approx. USD $504) are eligible to enjoy this incentive that falls under the Housing Loan Liquidity Facility (Fasilitas Likuiditas Pembiayaan Perumahan, abbreviated FLPP).

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  • Terror Attacks in Jakarta: Police Arrests 3 People in Depok

    Early in the morning of Friday (15/01), Indonesia's counter terrorism squad (known as Densus 88) arrested three people in connection with the terrorist attacks that occurred in Central Jakarta on Thursday. The attacks yesterday led to seven casualties (two civilians and five terrorists) as well as more than 20 injured people. Today's arrests were made in Depok, located not far from Indonesia's capital city of Jakarta.

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  • Indonesia Posts Trade Deficit in December, Surplus in 2015

    Indonesia posted a trade deficit of USD $230 million in December 2015 as imports (USD $12.12 billion) exceeded exports (USD $11.89 billion), the second monthly trade deficit in 2015. Overall, the country's trade balance shows a surplus of USD $7.51 billion in 2015, significantly improving from the USD $2.2 billion trade deficit in the preceding year. But despite posting a good trade surplus in full-year 2015, a closer look at the data still reveals weak global and domestic conditions.

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