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.

  • Indonesian Stocks & Rupiah Update: Outflows after Relief Rally

    After the rally on Thursday (responding positively to the Federal Reserve's announcement to raise its Fed Fund Rate), Indonesian assets are weakening on Friday (18/12) while most other Asian markets are down. Indonesia's benchmark Jakarta Composite Index was down 1.20 percent to 4,501.34 points by 09:45 am local Jakarta time, while the Indonesian rupiah had depreciated 0.22 percent to IDR 14,040 per US dollar (Bloomberg Dollar Index). As such, Indonesian stocks are following the example of US stocks that plunged overnight.

    Read more ›

  • Bank Indonesia Leaves Interest Rate Unchanged at 7.50%

    Bank Indonesia, the central bank of Southeast Asia's largest economy, kept its key interest rate (BI rate) at 7.50 percent at the December policy meeting on Thursday (17/12). Meanwhile, the overnight deposit rate facility (Fasbi) was left unchanged at 5.50 percent and the lending facility at 8.00 percent. It was the tenth consecutive month without changing the country's interest rate environment (in February 2015 the central bank cut the BI rate by 0.25 percent).

    Read more ›

  • Indonesian Stocks & Rupiah Strengthen after US Rate Hike

    Indonesian stocks and the rupiah responded highly positive to the decision of the US Federal Reserve to raise its key Fed Fund Rate by 25 basis points on Wednesday (16/12). Indonesia's benchmark stock index (Jakarta Composite Index) soared 1.62 percent to 4,555.96 points, while the rupiah appreciated 0.44 percent to IDR 14,009 per US dollar. Not only in Indonesia but also globally stocks thrived on the ending of prolonged uncertainty about the timing of the US interest rate hike.

    Read more ›

  • Air Passenger Growth in Indonesia Single-Digit in 2016

    The Indonesia National Air Carrier Association (INACA) expects domestic and international air passengers in Indonesia to grow by about 8-9 percent year-on-year (y/y) in 2016, flat from the estimated growth pace this year (8 percent y/y). Based on the latest data from Indonesia's Statistics Agency (Badan Pusat Statistik/BPS), air passengers in Indonesia stood at 67.5 million in the first ten months of 2015, up 12.8 percent from the number of air passengers in the same period last year.

    Read more ›

Latest Reports