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.

  • Car Sales in Indonesia Remain Slowing at the Year-End

    In line with expectations and the general trend so far this year, Indonesian car sales fell 4.4 percent to 87,311 units in November 2015. In the January-November 2015 period, the country's total car sales reached 940,317 units, down 16.7 percent from car sales in the same period last year. The main cause of this weak performance is Indonesians' weakened purchasing power amid the country's economic slowdown, high inflation (in the first three quarters of the year), and low commodity prices.

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  • Indonesia Stock Market & Rupiah Update: Ahead of Fed Meeting Asia Weakens

    Stock markets in Asia are experiencing rough weather as investors pull funds out of emerging markets. By 11:25 am local Jakarta time, Indonesia's benchmark Jakarta Composite Index had plunged 1.11 percent to 4,344.69 points, while the rupiah had depreciated 0.54 percent to IDR 14,068 per US dollar (Bloomberg Dollar Index). Investors are seeking safe(r) haven assets as the Federal Reserve is expected to raise its key Fed Fund Rate (for the first time in almost a decade) at its next FOMC meeting (scheduled for 15-16 December).

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  • Analysts: Indonesia Should Attract 33 Million Foreign Tourists by 2019

    Although the Indonesian government's target of welcoming 20 million foreign tourists by 2019 seems highly ambitious given that Indonesia may fail to achieve its target of seeing 10 million foreign visitor arrivals in 2015, several analysts claim that this target is too low. They believe that the target should be raised to 33 million foreign visitors, earning USD $40 billion in foreign exchange, hence replacing crude palm oil as the country's leading foreign exchange earner. However, this new target would only be possible if the government is serious about developing its 10 designated tourist destinations.

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  • Indonesia Investments' Newsletter of 13 December 2015 Released

    On 13 December 2015, 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 economic matters such as updates on the performance of Indonesian stocks and the rupiah, income inequality, the budget deficit, IPOs on the Indonesia Stock Exchange, but also political topics such as regional elections.

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