• Forest Fires & Haze: Singapore Eager to Prosecute Indonesians

    Indonesian Vice President Jusuf Kalla stated that he does not agree with Singapore's attempts to take legal action against those Indonesian individuals and companies that are responsible for the forest fires on the islands of Sumatra and Kalimantan that resulted in the severe haze that spread to Singapore (and other parts of Southeast Asia) in 2015. The toxic smog caused economic costs in Indonesia's neighboring countries. Kalla said Indonesia will not support Singapore in this case as the offense occurred in Indonesia, not in Singapore. As such, it would be an attack on Indonesia's sovereignty.

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  • Consumer Price Index Update Indonesia: June Inflation to Exceed 1% m/m

    A survey, conducted by Indonesia's central bank (Bank Indonesia, BI), indicates that Indonesian inflation has risen 0.59 percent in the first week of June 2016, implying that there is a big chance that inflation will reach beyond the 1 percent (m/m) level in the full-month, perhaps even touching 2 percent (m/m). The main cause of inflationary pressures in Indonesia in this month is food prices. Amid Ramadan festivities - which boost demand for food items - prices of beef, chicken meat, cooking oil, eggs, onions, and chilies have risen.

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  • Indonesia Investments' Newsletter of 12 June 2016 Released

    On 12 June 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 economic matters such as Indonesia's 2016 economic growth revisions, the property market, retail sector, Trans-Sumatra toll road, but also social matters such as child labor and human rights violations.

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  • Rainforest Action Network: Workers Exploited at Indonesia's Palm Oil Estates

    San Francisco-based environmental organization Rainforest Action Network (RAN) released a report last week that claims Indonesian workers - including children - at North Sumatran palm oil plantations are being exploited. On two palm oil plantations owned by PP London Sumatra Indonesia, a unit of the Indonesian Indofood Group, researchers of RAN found evidence of child labor, unethically low wages, as well as other forms of worker exploitation. The report also links American multinational food and beverage firm PepsiCo Inc's products to the exploitation.

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