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.

  • Fitch Ratings: Systemic Risks in Indonesian Banking System Declined

    Global credit rating agency Fitch Ratings expects slowing credit growth in Indonesia to reduce systemic risks in the country’s banking sector. In a report entitled Macro-Prudential Risk Monitor, which was released on 3 March 2015, it was mentioned that the macro-prudential risk indicator (MPI) for Indonesia was lowered from '3' (high risk) to '2' (moderate risk). Primary reason for this risk cut was the slowdown in the country's real credit expansion to below 5 percent in 2014 (from a peak of almost 20 percent in 2011).

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  • Indonesia International Furniture Expo 2015 Kicks off on March 12th

    From 12 to 15 March, the Indonesia International Furniture Expo 2015 (IFEX 2015) will be held in the Jakarta International Expo, Jakarta’s largest exhibition venue. This year’s furniture expo is set to become the largest furniture expo ever organized in Indonesia, Southeast Asia’s largest economy. Around 470 companies, furniture manufacturers from all over Indonesia, will display their products (export-quality), including collections of furniture, furnishings and interior design items. The event is organized by Dyandra UBM Internasional.

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  • Public-Private Partnerships Indonesia: 4 Projects to Be Offered in 2015

    The government of Indonesia plans to tender four projects to the private sector through the public-private partnership (PPP) scheme. The projects are the Balikpapan-Samarinda toll road, the Manado-Bitung toll road, a drinking water supply in Semarang, and the Soekarno-Hatta International Airport Railway. Indonesian Coordinating Minister for Economics Sofyan Djalil said that three out of the four projects, all considered priority projects by the government, are to be offered to the private sector at the end of 2015.

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  • Rupiah Update: Indonesian Authorities Say ‘No Need for Alarm’

    As the Indonesian rupiah exchange rate depreciated beyond the psychologically-sensitive IDR 13,000 per USD threshold on Wednesday (05/03), both Indonesian Finance Minister Bambang Brodjonegoro and Bank Indonesia Governor Agus Martowardojo stated that there is no need for panic as the performance of the rupiah against the US dollar is still in line with the performance of other currencies versus the US dollar. Based on the Bloomberg Dollar Index, the rupiah had depreciated 0.28 percent to IDR 13,028 by 13:35 pm local Jakarta time.

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