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.

  • Motorcycle Sales in Indonesia Rebound in January 2017

    Indonesia's domestic motorcycle sales rose 13.8 percent year-on-year (y/y) to 473,879 units in January 2017, from 416,263 units in the same month one year earlier. This growth is attributed to Indonesians' improving purchasing power supported by recovering commodity prices, particularly coal and crude palm oil (CPO). Gunadi Sindhuwinata, General Chairman of the Indonesian Motorcycle Industry Association (AISI), is optimistic that Indonesia's motorcycle sales will rebound in 2017 - after two years of slowdown - on the back of accelerating economic growth and rising commodity prices.

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  • Self-Sufficiency in Rice Achieved, Indonesia to Become Rice Exporter?

    Andi Amran Sulaiman, Indonesia's Agriculture Minister, says Indonesia is ready to become a rice exporter after Indonesia managed to become self-sufficient in rice in 2016. Last year Indonesia produced a total of 79.17 million of unmilled tons of rice, significantly above the government target that was set at 72 million tons. Although Indonesia is the world's third-largest rice producer the country usually needs to import rice from Vietnam or Thailand to maintain stable prices and meet huge rice demand at home. Rice is the staple food of basically all Indonesian people.

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  • Bank Indonesia: Current Account Deficit at 2.4% of GDP in 2017

    The central bank of Indonesia (Bank Indonesia) expects Indonesia's current account deficit (CAD) to widen to 2.4 percent of the nation's gross domestic product (GDP), or about USD $23 billion, in 2017. Therefore, Bank Indonesia Governor Agus Martowardojo said the CAD remains one of the bigger challenges for Indonesia in the foreseeable future. In 2016 the nation's CAD had in fact eased to 1.8 percent of GDP (or USD $17 billion) on the back of a big improvement in the last quarter of 2016.

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  • By 2019 All Indonesians Should Have Access to Internet

    Indonesia's Communications and Information Minister Rudiantara says all Indonesians across the whole archipelago will be able to enjoy Internet access by 2019. Through the Palapa Ring project, one of Indonesia's priority infrastructure projects, all cities and districts in Indonesia will have fast broadband Internet through an undersea fiber-optic cable network that stretches across 13,000 kilometers as well as an onshore network of nearly 22,000 kilometers.

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