Today's Headlines in Indonesia

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.

  • Despite Political Year Analysts Expect Plenty of IPOs in 2018

    Despite the "political year" several Indonesia-based securities firms expect to see big appetite from local companies to conduct an initial public offering (IPO) on the Indonesia Stock Exchange in 2018. In 2018, Indonesia will see a new round of regional elections (to determine local leaders) across the country. These elections are likely to trigger new political tensions, particularly as the country's legislative and presidential elections are to be held the following year.

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  • Moody's May Cut Indonesia's Credit Rating if There Is No Tax Reform

    Credit rating agency Moody's Investors Service said it could cut its rating for Indonesia if government revenue remains weak. Indonesia needs to push for structural tax reforms in order to boost tax revenue. Since 2012 Moody's has put Indonesia at Baa3 (investment grade), while in early 2017 Moody's upgraded its outlook for Indonesia from stable to positive.

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  • Automotive Industry Indonesia: New Player Arrives from China

    Chinese car manufacturers seem not afraid to compete with their Japanese counterparts on Indonesian soil. After Wuling Motors arrived in Indonesia in mid-2017, now another Chinese car-maker, Sokonindo Automobile, has started operations in Indonesia, Southeast Asia's largest car market.

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  • Big Impact of Mount Agung Eruption on the Economy of Bali

    Indonesian authorities decided to keep Bali's Ngurah Rai International Airport closed until (at least) Wednesday morning (29/11) as volcanic ashes from Mount Agung jeopardize the safety of air traffic. Since Saturday Mount Agung has been erupting again, leading to the implementation of the highest alert code in the area. Meanwhile, Lombok International Airport, located on neighboring island Lombok, was reopened on Tuesday (28/11).

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