On 11 February 2018 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 over the last seven days. Most of the topics involve economy and market-related topics such as FY-2017 economic growth, current account deficit, digital currencies, infrastructure development, tourism, and more.

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The hotel industry in Turkey is eager to have Indonesian migrant workers from Bali working at Turkish (3-5 star) hotels. Ilham Achmad, Head of the Indonesian Migrant Workers Placement, Protection and Monitoring Agency (BP3TKI)'s Bali branch, said Balinese workers are wanted by Turkish hotel operators because they are excellent workers for spa therapy services offered at these hotels.

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The five-year term of Bank Indonesia Governor Agus Martowardojo will end on 22 May 2018 and therefore it is time to take a look at his potential successors. However, it could very well be that Martowardojo is allowed to have a second five-year term as central bank chief.

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Borneo Olah Sarana Sukses, an Indonesia-based coal mining company, set its share price at IDR 400 a piece (approx. USD $0.03) for the initial public offering (IPO) on the Indonesia Stock Exchange. The coal miner will offer 400 million shares, or 28.57 percent of the company's total share equity, to the public through the corporate move. As such, the company is set to raise IDR 160 billion (approx. USD $11.8 million).

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