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.
Pelita Samudera Shipping, a leading company in Indonesia's offshore transshipment market, will list on the Indonesia Stock Exchange in November 2017. The company, which uses its June 2017 corporate earnings report for this corporate move, will offer a 20 percent stake to the public through this initial public offering (IPO).
Based on accounts of services providers in Indonesia's property market, demand for office space in Indonesia, and specifically in the capital city of Jakarta, shows good growth starting from the third quarter of 2017. Especially online businesses (for example the e-commerce industry) are showing rising appetite for office space.
The government of Indonesia is preparing tenders for five mining areas. These mining areas were previously operated by listed miners Vale Indonesia and Timah under coal mining licenses (in Indonesian: Perjanjian Karya Pengusahaan Pertambangan Batubara, or PKP2B) and contracts of work (in Indonesian: Kontrak Karya, or KK).
So far this year, a total of 23 companies have conducted an initial public offering (IPO) - hence listed - on the Indonesia Stock Exchange. This is a good rebound from only 14 listings in 2016 when uncertain domestic and foreign conditions made companies hesitant to go public. Considering eight IPOs are currently in the pipeline, we should see a good year for IPOs in Indonesia.
