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.
So far in 2017 a total of 35 companies have conducted an initial public offering (IPO) on the Indonesia Stock Exchange, the best result in recent history. Meanwhile, Samsul Hidayat, Director of Corporate Listing at the Indonesia Stock Exchange, said one more trading debut is expected to occur before the end of the year, to wit Jasa Armada Indonesia.
Indonesia's benchmark Jakarta Composite Index finished at the new all-time high of 6,167.67 points on Tuesday (19/12), up 0.54 percent from the preceding day. Meanwhile, the Indonesian rupiah appreciated 0.04 percent to IDR 13,576 per US dollar (Bloomberg Dollar Index).
A total of 562 foreigners have been refused entry into Indonesia at Indonesia's busiest airport, Soekarno-Hatta International Airport (located just outside Jakarta) so far in 2017 (up to 18 December). Enang Syamsi, Head of Immigration Office (Kelas I Department) at Soekarno-Hatta Airport, said this is a lower figure compared to one year ago when 719 foreigners were denied access to Indonesia.
Based on Ookla's Speedtest Global Index, which ranks Internet speeds around the world, the global average mobile download speeds have grown 30.1 percent over the past year, while the mobile upload speed rose 38.9 percent over the same time. Meanwhile, the latest ranking (November 2017) also shows a 31.6 percent global speed growth for fixed broadband downloads along with a 25.9 percent increase for broadband upload speeds.
