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.
Bank Indonesia, the central bank of Indonesia, expects the nation's gross domestic product (GDP) to accelerate modestly in the remainder of the year after having recorded slightly disappointing 5.01 percent year-on-year (y/y) growth in both the first and second quarter of 2017.
The Asian Development Bank (ADB) approved a total of USD $1.1 billion in loans to support the development of Indonesia's sustainable energy sector. The Manila-based multilateral lender released a statement on Thursday (14/09).
Indonesia's Statistics Bureau (BPS) said Indonesia recorded a USD $1.72 billion trade surplus in August 2017, exceeding analysts' expectations and significantly higher than the USD $0.3 billion surplus that was recorded in the same month one year earlier. In fact, it was Indonesia's biggest surplus in nearly five years (in November 2012 Indonesia recorded a USD $1.8 billion trade surplus).
Nielsen Company Indonesia, the local unit of the global information and market research company Nielsen Holdings PLC, says the value of spending on advertisement on television and in printed media in Indonesia has risen in the January-July 2017 period. However, this growth is a bit distorted because it is only supported by rising tariffs, and not supported by rising numbers of adds (number of spots).
