The Today's Headlines section of Indonesia Investments is a daily updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines will cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
In line with expectations, Indonesia's foreign exchange reserves continued to decline for the sixth consecutive month. Per late-July 2018 the country's foreign exchange reserves amounted to USD $118.3 billion, down from the level of USD $119.8 billion one month earlier.
On Monday (06/08) Indonesia Investments released the July 2018 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of July 2018 and also touches upon key international developments that impacted on the Indonesian economy.
On 6 August 2018 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 past seven days. Most of the topics involve economy and market-related topics such as Indonesia's Q2-2018 GDP growth data, inflation, manufacturing activity but also the devastating earthquake in Lombok and the release of our July research report.
The 6.4-magnitude earthquake that struck Lombok - one of the more popular holiday islands in Indonesia - on Sunday 29 July 2018 and killed 17 people was apparently only a harbinger of things to come. Exactly one week later, on Sunday 5 August 2018, a more powerful 6.9-magnitude earthquake struck the same island. This time it killed at least 91 people and damaged thousands of buildings. The number of casualties is likely to rise further in the hours or days ahead.
