The government of Indonesia decided to allow more imports of gas for the domestic industry, a decision that should put downward pressure on Indonesia's gas price. Many players in Indonesia's manufacturing industry have complained about the high domestic gas prices. This causes high production costs and therefore Indonesian manufacturers lack competitiveness (compared to foreign counterparts), while foreign investors think twice before investing in the nation's manufacturing industry.
Update COVID-19 in Indonesia: 4,066,404 confirmed infections, 131,372 deaths (28 August 2021)
15 September 2021 (closed)
Jakarta Composite Index (6,110.23) -18.86 -0.31%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%