The management of gold and copper miner Freeport Indonesia is optimistic that negotiations with the central government will be completed before the Idul Fitri celebrations in the last week of June 2017. If an agreement is reached, then the case will not require arbitration. Both parties are negotiating over a contract dispute that also prompted the subsidiary of the United States-based mining giant Freeport-McMoRan to wind down operations (and fire staff) at its Grasberg mine in Papua.

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Indonesian coal miner Adaro Energy is not only keen on diversifying its business by including the power generation sector to its portfolio (hence having become an integrated energy company) but it is also eager to add the water treatment sector to its portfolio. This is in line with the central government's program to enhance the nation's clean water supply across the Archipelago.

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The central bank of Indonesia (Bank Indonesia) announced the country's foreign exchange reserves rose by USD $1.7 billion to reach the new record high of USD $124.95 billion at the end of May 2017. Growth of Indonesia's foreign exchange assets was attributed to foreign exchange receipts (mainly originating from tax revenues and government oil & gas export earnings), as well as to Bank Indonesia's foreign exchange bills auction.

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Markets in Asia seem relieved one day after "Super Thursday" as there were no major upsets that rocked stock and currency markets (with the exception of the British pound that depreciated significantly after exit polls suggest the United Kingdom is heading for a hung parliament with May's Conservatives losing the clear majority). Meanwhile, the Comey testimony and ECB policy meeting had no destabilizing impact on Wall Street. Hence, US stocks gave big support to Asian markets on Friday (09/06).

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