Air travel – in this article we restrict ourselves to air travel in the form of travel in commercial airplanes – is vital. In fact, air travel has become increasingly important over the past decades, especially in Southeast Asia where the combination of rapidly growing middle classes and lower airline ticket prices (caused by fierce competition between the region’s low-cost carriers) has allowed an increasing number of people to opt for air travel when making a domestic or international trip.
Update COVID-19 in Indonesia: 927,380 confirmed infections, 26,590 deaths (19 January 2021)
19 January 2021 (closed)
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The Today's Headlines section of Indonesia Investments is a daily updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines will 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 (05/10/2020) Indonesia Investments released the September 2020 edition of its monthly report. In this edition, titled 'Infrastructure in Focus', we focus on infrastructure development in Indonesia. For example we discuss how the lack of infrastructure development undermines economic and social development.
The continuously rising number of confirmed novel coronavirus (COVID-19) cases in the province of DKI Jakarta, which is the political and economic heart of Indonesia, has made the DKI Jakarta Provincial Government decide to impose a new local lockdown (heavy social and business restrictions, locally known as 'PSBB'). Jakarta Governor Anies Baswedan confirmed that the lockdown will be re-imposed per Monday 14 September 2020.
As we predicted last month, August 2020 brought mild deflation to Indonesia. Based on the latest data from Badan Pusat Statistik (BPS), the consumer price index posted deflation of 0.05 percent month-on-month (m/m).