Below is a list with tagged columns and company profiles.

Today's Headlines Indonesian Government

  • Indonesian Government Expects IPO of two Plantation Companies in 2014

    The government of Indonesia expects to list two state-owned enterprises on the Indonesia Stock Exchange (IDX) in 2014. Minister of State-Owned Enterprises Dahlan Iskan announced that the two companies involve Perkebunan Nusantara III and Perkebunan Nusantara IV. The main reason behind conducting the initial public offerings (IPOs) is to reap funds for further expansion. The IPO plan needs to be approved first by the Privatization Committee, under the wings of the Ministry of Economy, and then by the House of Representatives (DPR).

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  • Profile of Perusahaan Listrik Negara (PLN): Indonesia's Electricity Provider

    Perusahaan Listrik Negara (PLN) is the state-owned company (SOE) that holds the monopoly on the distribution of electricity in Indonesia. The company is the second-largest SOE by assets after energy company Pertamina. Total capacity of PLN’s power plants at end-2012 have grown to 32.901 MW. The company is tasked to increase Indonesia's electrification ratio (the percentage of Indonesian households that are connected to the nation's electricity grid) to 90 percent by 2020. Currently, the ratio is around 77 percent.

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  • Indonesia Continues Quest to Put Palm Oil and Rubber on APEC EG List

    The government of Indonesia will be firm to convince the international community at the Asia- Pacific Economic Cooperation (APEC) forum to place crude palm oil (CPO) - including its derivative products - and rubber on the APEC Environmental Goods List (EG List). In the APEC ministerial meeting in Surabaya (East Java), last April, Indonesia failed to include these products on the list. However, the government will continue its lobby during the current APEC meeting by stressing that these products are environmentally friendly.

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  • Indonesian Government Expects Trade Deficit to Ease to USD $4 Billion

    Indonesia's trade deficit is expected to amount to USD $4 billion by the end of 2013, implying a moderation from the USD $5.54 billion deficit that emerged between January and August 2013. Indonesia's exports are forecast to decline by about 5 percent in the remainder of 2013 due to the weak global environment, particularly with the current ongoing political uncertainties in the USA. As such, in order to combat the deficit, the government intends to limit imports. Next year, Indonesia will most likely continue to post a trade deficit.

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  • Indonesia's Electricity Tariffs Raised to Curb Energy Subsidy Spending

    Indonesia's Electricity Tariffs Raised to Curb Energy Subsidy Spending

    Perusahaan Listrik Negara (PLN), Indonesia's state-owned company that has a monopoly on the supply and distribution of electricity in Indonesia, introduces the final installment of this year's electricity price hike today (01/10). Electricity tariffs are raised by 4.3 percent each quarter of 2013 as the government tries to curb huge energy subsidies. Poorer households (450 to 900 VA) are not affected by these price adjustments. After the price hikes in January, April, July and October, electricity tariffs will have risen about 15 percent in total in 2013.

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  • Indonesia Popular as Investment Target for Hotel Construction

    Indonesia Popular as Investment Target for Hotel Construction

    Investors regard Indonesia as one of the most attractive countries in terms of tourism. This statement is evidenced by investments in Indonesia's hotel construction sector. In 2012, Indonesia was ranked third of the whole Asian region in terms of largest investments in hotel construction. Total investments - both domestic and foreign investments - in this sector of Southeast Asia's largest economy amounted to USD $869.8 million in 2012, a 210 percent increase compared to the previous year.

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  • Indonesian Government Preparing Additional Policy Approach Package

    The government of Indonesia is busy preparing an extra package of policy responses aimed at stabilizing Indonesia's financial markets. Previously, the government had released a sort of 'rescue package' in late August after the rupiah depreciated sharply and the country's stock indices plunged. Panic had emerged due to the looming end of the Federal Reserve's quantitative easing program. Coupled with internal issues, it resulted in robust capital outflows from Indonesia. The new package will be released in October.

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  • Public-Private Partnership Projects in Indonesia Remain Troublesome

    Public-Private Partnership Projects in Indonesia Remain Troublesome

    The realization of infrastructure projects through the Indonesian government's public-private partnership (PPP) scheme is yet to bear fruit. Up to this day, PPP infrastructure projects in Indonesia are still constrained by the difficulty of land acquisition, regulatory uncertainties and lack of funding. These investments projects are not among the most popular investment projects of private investors because they usually involve expensive (and risky) investments as well as patience while waiting for return of investment.

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  • Growth of Indonesia's Foreign Debt Slows Down Conform Economic Trend

    Growth of Indonesia's foreign debt has slowed down in July 2013 according to data from Indonesia's central bank (Bank Indonesia). Total foreign debt in July 2013 stood at USD $259.54 billion, a 7.3 percent increase compared to the same month in 2012. In June 2013, the year on year growth had been 8 percent. Bank Indonesia stated that it considers Indonesia's current foreign debt situation - both in the private and public sector - as healthy. Growth has slowed down as a consequence of the slowing national economy.

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  • Weak Rupiah and Global Economy Enlarge Indonesia's Budget Deficit

    The outcome of Indonesia's 2014 budget deficit is expected to be higher than initially planned in the 2014 State Budget Draft (RAPBN 2014). In the 2014 draft, the deficit is proposed to amount to IDR 154.2 trillion (USD $13.6 billion), or 1.49 percent of Indonesia's gross domestic product (GDP). However, the government's latest estimate indicates a widening of the deficit to IDR 209.5 trillion (USD $18.5 billion), equivalent to 2.02 percent of GDP. The wider deficit is mainly caused by Indonesia's depreciating rupiah as well as the weak global economy.

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Latest Columns Indonesian Government

  • Indonesian Government Releases Official GDP Growth Figure for the Year 2012

    An official at Indonesia's Finance Ministry announced today that Indonesia's gross domestic product (GDP) grew by 6.23% in 2012, thus failing to meet the government's revised target of 6.3-6.5%. Factors that contributed to Indonesia's lower than expected economic growth last year were weak exports due to poor international trade and non-optimal government spending. On the positive side, all sectors of the Indonesian economy experienced growth.

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