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.
On 5 November 2017, 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 last seven days. Most of the topics involve economy and market-related matters such as direct investment, inflation, GDP, biodiesel, and more.
Based on statements from a government agency, Indonesia's biodiesel consumption is set to decline in the second half of 2017 due to some "technical issues". While in the first six months of 2017 biodiesel consumption in Indonesia reached 1.67 million kiloliters, this figure is expected to fall to 0.86 million kiloliters in the second half of the year, hence resulting in an estimated total of 2.53 million kiloliters in full-year 2017.
Indonesian inflation accelerated by a modest 0.01 percent month-on-month (m/m) in October 2017, considerably lower than the average monthly October inflation rate in recent years. Low October 2017 inflation primarily comes on the back of stable commodity prices. In fact, in terms of food prices, there actually occurred deflation in Southeast Asia's largest economy.
Starting from today (Tuesday 31 October 2017) all toll roads in Indonesia only accept e-money (effectively ending the use of cash for payments at the toll road exit or entrance gates). This is part of the government's ambition to create a cashless society (hence becoming a more efficient and transparent society).
