Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.
On Sunday 20 October 2024, Prabowo Subianto was inaugurated as Indonesia’s 8th president at the People's Consultative Assembly (MPR)/House of Representatives (DPR) building in Jakarta in a ceremony that was witnessed by various well-known Indonesian political figures.
As usual, we look at the latest available macroeconomic data of Indonesia to assess the strength of the national economy. Those who follow this monthly article should know that we are quite optimistic about the Indonesian economy as the majority of data are showing positive trends.
For Indonesia August is typically a month in which politics are on the foreground as the country commemorates its Independence Day on each 17th of August. This is an important day in Indonesian history as well as an occasion for many festivities and celebrations around the country.
Indonesia’s economic growth in the second quarter of 2024 (Q2-2024) was good, although slightly below our projection of 5.1 percent year-on-year (y/y). According to the latest gross domestic product (GDP) data, which were released by Indonesia’s Statistical Agency (in Indonesian: Badan Pusat Statistik, BPS) on 5 August 2024, the Indonesian economy expanded by 5.05 percent (y/y) in Q2-2024.
