• Joko Widodo Aims to Cut Indonesia’s Expensive Energy Subsidies

    Soon-to-be president of Indonesia Joko Widodo (popularly known as Jokowi) stated that he intends to cut the large fuel and electricity subsidies once in office. Indonesia’s Revised State Budget of 2015 (RAPBN 2015) allocates IDR 363.5 trillion (about USD $31.2 billion) to energy subsidies. This figure accounts for about 18 percent of total government spending (IDR 2,019.9 trillion) set for 2015. Although the energy subsidies aim to support the poorer segments of Indonesian society, they cause complex problems in Southeast Asia’s largest economy.  

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  • Indonesia Investments' Newsletter of 17 August 2014 Released

    On 17 August 2014, 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 in the last seven days. Most of the topics involve economic topics such as the performance of the rupiah exchange rate, plantations, Freeport Indonesia, economic growth, electricity, property, guidelines for the construction of a PT PMA, and more.

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  • Electricity in Indonesia: Plenty Natural Resources but Shortage of Electricity

    Despite having abundant natural resources at its disposal (including coal and gas), Indonesia has difficulty to supply enough electricity to its people and businesses. Robust economic growth over the past decade has given rise to increased domestic demand for electricity but the country has not been able to adequately meet demand resulting in frequent blackouts and in one of the lowest electrification rates (the percentage of Indonesian households connected to the nation's electricity grid) in the region (about 80.4 percent at end-2013).

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  • Corporate & Financial Headlines in Indonesia: Daily Market Roundup

    What were the important corporate news headlines from Indonesia on Friday 15 August 2014? Below Indonesia Investments presents the daily market roundup. This includes the following companies and topics: Indomarco Prismatama, Telekomunikasi Indonesia, Pan Brothers, Archipelago International, bonds auction, RPX Group, Mayora Indah, the Titab Dam project in Bali, Intiland Development, Agung Podomoro Land, Matahari Putra Prima, Berau Coal Energy, and Citra Marga Nusahpala Persada.

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