The Today's Headlines section of Indonesia Investments is a regularly updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines 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.
While Asian markets are mixed on Wednesday morning (20/06), Indonesia's benchmark Jakarta Composite Index plunged 2 percent (to a four-week low) in the first five minutes after trading resumed after the long Eid al-Fitr holiday. Indeed a lot happened on the global stage since Indonesian markets closed on Friday 8 June 2018 that has not been absorbed by Indonesian assets. Therefore, today it is catch-up day for investors.
Madusari Murni Indah, a company that is engaged in the production of ethanol and carbon dioxide gas (CO2), is set to sell a 30 percent stake to the public through an initial public offering (IPO) on the Indonesia Stock Exchange. Yonky Saputra, Corporate Secretary of Madusari Murni Indah, said the company appointed Bahana Sekuritas as underwriter. In July 2018 the company is expected to make its trading debut in Indonesia.
On 18 June 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 household consumption, IPOs on the Indonesia Stock Exchange, debt-to-equity ratios of state-controlled companies, the cement industry, and more.
Back in 2007 most Indonesian airlines were banned from flying into the European Union (EU)'s airspace; a decision that was made out of safety concerns. On Thursday (15/06), however, the European Commission announced that it had removed all Indonesian airlines from its EU Air Safety list following further improvements in Indonesia's safety standards.
