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.

  • Indonesia Investments' Newsletter of 26 March 2017 Released

    On 26 March 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-related topics such as a new World Bank report about the Indonesian economy, the steel industry, the automotive sector, crude palm oil exports, inflation, and more.

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  • Steel Producers in Indonesia to See Better Earnings in 2017

    The price of hot rolled coil (HRC) steel in Indonesia jumped 20 percent to USD $600 per ton in the first quarter of 2017, from USD $500 per ton in the same quarter one year earlier. This price growth is encouraged by the rising global steel price, a trend that is expected to continue in the remainder of 2017. Based on data from MEsteel, a Middle East b2b steel portal, the price of the benchmark HRC stood at USD $545 per ton in March 2017, up 49 percent from USD $365 per ton in the same month one year ago.

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  • Automotive Sector Indonesia: Car Sales on Schedule in February

    In February 2017 domestic car sales in Indonesia rose 9.6 percent year-on-year (y/y) to 96,722 vehicles (from 88,208 sold vehicles in the same month one year ago), supported by the popularity of the Astra Toyota Calya and Astra Daihatsu Sigra (both are low-cost green cars) as well as strengthening purchasing power in the regions outside Java due to rising commodity prices. Also in the first month of 2017 Indonesian car sales grew on an annual basis, implying there rises optimism about Indonesia's automotive sector after having experienced two bleak years.

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  • Bank Indonesia: Annual March Inflation Expected Below 3.83%

    The central bank of Indonesia (Bank Indonesia) expects Indonesia's headline inflation to ease in March 2017 as food prices are under control and can therefore offset the inflationary pressures that are caused by administered price adjustments (higher electricity tariffs). In February 2017 Indonesia's inflation rate accelerated to 3.81 percent (y/y) due to the ongoing impact of the higher electricity tariffs that were introduced by the government in January as well as a number of big floods that curtailed distribution channels across parts of Sumatra and Java.

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