The Ministry of Energy and Mineral Resources said Indonesia managed to raise the nation's electrification ratio to 92.8 percent in the first half of 2017, hence achieving its target. The electrification ratio is the percentage of Indonesian households that are connected to the nation's electricity grid. The 92.8 percent ratio is a great improvement from 84 percent at the end of 2014, implying the Joko Widodo government performed well in this area. It targets for "near-universal" electricity access by 2020.

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On 6 August 2017, 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 matters such as inflation, manufacturing activity, purchasing power, Facebook's new office in Indonesia, Islamic banking, oil & gas, GDP, and much more.

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The coal price has gained some further momentum over the past month. Indonesia's benchmark coal price (in Indonesian: Harga Batubara Acuan, or HBA) rose 6.36 percent month-on-month (m/m) to USD $83.97 per metric ton in August 2017. The average HBA price so far in 2017 stands at USD $82.02 per ton, up significantly from an average of USD $61.8 per ton in full-year 2016.

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Strengthening coal prices continued at the end of trading on Thursday (03/08), or early Friday morning morning Indonesian time zone, while at the same time crude oil prices declined again. Yesterday, the price of coal (for October 2017 contract, the most active contract on the Rotterdam commodities exchange) rose 0.80 percent to USD $81.55 per metric ton, hence extending gains.

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