The recent visit of Indonesia Stock Exchange (IDX) General Director Tito Sulistio and Director of Corporate Listing Samsul Hidayat to Freeport Indonesia's Grasberg mine in Timika (Papua), signals that the subsidiary of US-based natural resources company Freeport McMoRan Copper & Gold Inc is serious about studying the possibility to divest a 10.64 percent stake through an initial public offering (IPO) on the IDX. Both Directors met Freeport Indonesia's General Director Maroef Sjamsoeddin at the world’s largest gold mine and third-largest copper mine.

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The latest consumer survey of Indonesia's central bank (Bank Indonesia) indicates that consumer confidence in Indonesia has improved - turning pessimism into optimism - in November on expectations of better economic conditions. Bank Indonesia's consumer confidence index, which is based on 1,700 household respondents in six major cities in Indonesia, rose to 103.7 points in November from 99.3 points in the preceding month. A reading below 100.0 signals that consumers are pessimistic.

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The Provincial Disaster Management Agency (BPBD) of Jakarta predicts that Indonesia's capital city may be plagued by a big flood in February 2016. The city has been seeing more rainfall in recent weeks and rainfall is expected to intensify and to reach its peak in February according to both the BPBD and the Indonesian Agency for Meteorological, Climatological and Geophysics (BMKG). In late January and February rainfall may be more than 100 millimeter per day but there are also estimates that rainfall can rise up to 380 millimeters in one day. This could cause a major flood.

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Indonesia's tobacco production is expected to rebound to 182,000 tons in 2016 according to the Indonesian Tobacco Farmers Association (APTI), up 7 percent from an estimated 170,000 tons this year. Higher tobacco production is needed as the country's cigarette manufacturers are producing more and more cigarettes each year. With Indonesia's tobacco industry requiring about 300,000 tons per year, the industry remains dependent on tobacco imports. Indonesia is the world’s third-largest tobacco consumer (after China and India) with about 60 million Indonesians - aged over ten years - being categorized as smoker.

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