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.

  • Strong Debut Merdeka Copper Gold on Indonesia Stock Exchange

    Shares of Indonesian mining company Merdeka Copper Gold rose about 15 percent on its trading debut on Friday (19/06). The company, a subsidiary of Saratoga Capital, was the sixth company to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2015. Head of Finance and Corporate Secretary Ellie Turjandi said that Merdeka’s shares had been oversubscribed nearly 40 times during the public offering (11-15 June 2015), reflecting investors’ confidence even though the company has not yet begun production.

    Read more ›

  • Bank Indonesia Keeps Key BI Rate at 7.50% in June Policy Meeting

    In line with markets' expectation the central bank of Indonesia (Bank Indonesia) kept its benchmark reference interest rate (BI rate) unchanged at 7.50 percent on Thursday (18/06). Bank Indonesia remains committed to its relatively tight monetary stance in a bid to combat accelerated inflation, limit the country's wide current account deficit, and support the ailing rupiah. The central bank also kept its overnight deposit facility rate (Fasbi) and lending facility rate at 5.50 percent and 8.00 percent, respectively.

    Read more ›

  • Indonesia AirAsia Plans IPO on Indonesia Stock Exchange & Bonds

    Budget airline Indonesia AirAsia, the local unit of Malaysia's AirAsia and one of the world's leading low-cost carriers, seeks to collect up to USD $250 million over the next two years through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) as well as the issuance of convertible bonds. The company aims to raise around USD $110 million worth of convertible bonds (which will have a low coupon rate with a 2-year maturity), while the IPO (which is scheduled for 2017) is expected to generate about USD $150 million.

    Read more ›

  • Uncertainty about Indonesia's Palm Oil Export Levy Lingers On

    Uncertainty remains about the timing of the implementation of Indonesia's new palm oil export levies. In May 2015 Indonesian President Joko Widodo signed a new regulation stipulating that a USD $50 (per metric ton) levy is to be imposed on crude palm oil (CPO) exports, and a USD $30 (per metric ton) levy on processed palm oil product exports. Proceeds from these export levies will be used to fund the Indonesian government’s biodiesel (subsidy) program. However, implementation of the new regulation has been delayed several times.

    Read more ›

Latest Reports