Today's Headlines in Indonesia

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.

  • Indonesia Improves in WEF's Global Competitiveness Index 2014-2015

    Indonesia rose four positions in the World Economic Forum's Global Competitiveness Index 2014-2015. Based on the Global Competitiveness Report 2014-2015, released on Tuesday (29/09), Indonesia comes at 34th place in the ranking (out a total of 144 economies assessed across the globe). This improvement is a positive development although to some it may come as a bit of a surprise given Indonesia's slow progress in infrastructure development, high inflation and slowing economic growth.

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  • Roller Coaster Ride Indonesian Stocks and Rupiah. What Happened Today?

    Indonesian stocks experienced a remarkable roller coaster ride on Tuesday (29/09). After opening the benchmark Jakarta Composite Index fell more than two percent to a near three-year low. However, the index managed to finish the trading day at 4,178.41 points, a 1.41 percent rise. Meanwhile, Indonesia's rupiah managed to curb losses. Based on the Bloomberg Dollar Index, the rupiah passed beyond the IDR 14,800 per US dollar level several times but at the end of the day it had only weakened 0.11 percent to IDR 14,691 per US dollar.

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  • Population of Indonesia Grows at Worrying Pace, Says BKKBN

    The population of Indonesia, which numbers over 255 million people in 2015 (unofficial data), grows at a worrying pace according to Surya Chandra Surapaty, Head of the National Population and Family Planning Agency (BKKBN). Currently, Indonesia's average annual population growth rate stands at 1.49 percent. This means that each year the Indonesian population expands by 4.5 million people (nearly the size of Singapore's total population).

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  • Pertamina to Support Indonesia's Rupiah by Cutting Forex Purchases on Spot Market

    In an effort to support the ailing Indonesian rupiah, state-owned energy company Pertamina will cut its foreign exchange purchases on the spot market by around 50 percent. Pertamina together with state utility firm Perusahaan Listrik Negara (PLN) account for about half of Indonesia's daily foreign exchange (forex) transactions as these companies require US dollars for fuel purchases and overseas debt settlements.

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