Five automotive brands from Japan controlled car sales in Indonesia in the first half of 2017 with a dominating (combined) market share of about 90 percent. Based on data from the Indonesian Automotive Industry Association (Gaikindo), Toyota, Daihatsu, Honda, Mitsubishi and Suzuki accounted for about 90 percent of total car sales in Indonesia during the January-June 2017 period. In total, 533,903 car units were sold in this six-month period.

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Sales of industrial estates in Indonesia rose 33 percent year-on-year (y/y) in the first half of 2017. Sanny Iskandar, Chairman of the Industrial Estate Association (HKI), said sales of industrial land in the first half of this year reached 120 hectares. That figure exceeded total sales of 90 hectares in the same period one year earlier.

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State-controlled, yet listed, financial institution Bank Mandiri plans to issue global bonds with a nominal value of approximately USD $250 million or IDR 3.33 trillion (exchange rate of USD $1 = IDR 13,321) before the end of 2017. Kartika Wirjoatmodjo, President Director of Bank Mandiri, said the company chose global rupiah-denominated bonds because it considers the supply of bonds in the domestic market currently too high. In fact, the supply outpaces existing demand.

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In local Indonesian media it is reported that Indonesian President Joko Widodo has given his blessing to the central bank (Bank Indonesia)'s plan to redenominate the rupiah. Bank Indonesia has already prepared a draft bill on the redenomination of the Indonesian Rupiah with the aim to improve economic efficiency and to create smoother commercial transactions. While the rupiah value would remain unchanged, the draft bill eyes to remove the last three zeros on all rupiah bills and coins.

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