On 4 December 2016, 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 political, social and economy-related topics such as the latest anti-Ahok demonstration, inflation, manufacturing activity, a stock market update, the macroeconomy, the tourism sector, pharmaceuticals, Indonesia's OPEC membership, and more.

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Indonesia's pharmaceutical market will be worth USD $5.8 billion in 2017, up 5-6 percent (y/y) from the preceding year. Growth is attributed to Indonesia's universal health care program (Jaminan Kesehatan Nasional, or JKN) that was launched in 2014. As such, Indonesia's pharmaceutical industry still has great potential, says Parulian Simanjuntak, Executive Director at the International Pharmaceutical Manufacturers' Group (IPMG).

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An Indonesian police plane, on route to Batam, has reportedly crashed between the islands of Mensanak and Sebangka (between Sumatra and Singapore), possibly killing all 13 people on board. The airplane was a twin-engine police jet. Near the crash site items have been recovered that are believed to be parts of the plane. Earlier, Indonesian authorities announced contact with an airplane was lost, 50 minutes after take-off from Pangkal Pinang on the island of Bangka.

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Budi Karya Sumadi, Indonesian Minister of Transportation, said the preliminary study into the medium-speed Jakarta-Surabaya railway could be completed before the end of 2016. In a bid to enhance connectivity and curtail logistics costs the government of Indonesia encourages the construction of a medium-speed railway linking Indonesia's capital city of Jakarta (on the western part of Java) to the nation's second-largest city of Surabaya in East Java. The preliminary study was started three weeks ago.

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