18 July 2019 (closed)
USD/IDR (13,913) -63.00 -0.45%
EUR/IDR (15,670) -32.52 -0.21%
Jakarta Composite Index (6,403.29) +8.69 +0.14%
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.
Plastic waste is a huge problem in Indonesia. Over the past few years, various images surfaced on the Internet and media showing how beaches on Bali – the famous island that forms the most popular tourist destination in Indonesia - are swamped by plastic garbage. Another example is the city of Bandung (West Java) where the Indonesian army had to lend a helping hand last year to fish plastic garbage out of local rivers.
On Monday (08/04) Indonesia Investments released the March 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of March 2019 and also touches upon key international developments that impacted on the Indonesian economy.
After the fatal crash of an Ethiopian Airlines commercial airplane on Sunday (10/03/2019), concern about the reliability of Boeing's 737 MAX 8 plane - Boeing's most popular jet - has increased around the globe. The crash of Ethiopian Airlines Flight 302, which was en route to Nairobi, killed 157 people.
Indonesia’s current account deficit widened to USD $31.1 billion, equivalent to 2.98 percent of the country’s gross domestic product (GDP), in full-year 2018. It is a big deterioration compared to the USD $17.29 billion deficit (1.7 percent of GDP) in the preceding year. It means the current account balance remains the Achilles’ heel of the Indonesian economy, one that – potentially - triggers rapid and large capital outflows in times of global economic turmoil.
