Today's Headlines in Indonesia

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.

  • Indonesia Investments' Newsletter of 31 May 2014 Released

    On 31 May 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 construction of the world's largest geothermal power plant, forecasts for May inflation and April trade statistics, an update on the ceramic industry as well as on the rupiah and Indonesian stocks.

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  • Bank Indonesia Expects Trade Deficit in April and Low Inflation in May

    The central bank of Indonesia (Bank Indonesia) expects to see a trade deficit in the month of April 2014 due to a significant increase of imports (around 11 percent month-to-month), while prices of a number of important export commodities have been under pressure (including coal and crude palm oil). Governor of Bank Indonesia Agus Martowardojo said that weak demand from China impacts negatively on the trade balance. Bank Indonesia's statement contradicts the institution's earlier statement which hinted at a surplus of USD $600 million in April.

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  • Exports of Indonesia's Automotive Sector Grow 10.4% in First Quarter 2014

    The national automotive industry of Indonesia recorded export growth of 10.4 percent in the first quarter of 2014 (year-on-year). Statistics Indonesia said that exports in the automotive industry (which includes automobiles and motorcycles) were worth USD $1.27 billion in the first three months of the year, compared to USD $1.15 billion in the same period in 2013. However, the automotive industry of Indonesia only contributes 3.49 percent to the country's total non-oil & gas exports.

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  • Low Per Capita Ceramic Consumption in Indonesia Provides Opportunities

    The Indonesian ceramic industry is expected to continue its steady growth in 2014. Chairman of the Indonesian Ceramic Industry Association (ASAKI) Elisa Sinaga said that ceramic sales may reach IDR 36 trillion (USD $3.1 billion) in 2014. Most of these sales - approximately 87 percent - are sold on the domestic market, while the remainder is exported. The sales volume of sanitary ceramics (used on walls and floors) is targeted at 410 million m2 this year (worth roughly IDR 27 trillion), up from 360 million m2 in 2013 (IDR 24 trillion).

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Today's Headlines