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.

  • Haze Southeast Asia: Singapore Names Indonesian Companies, Malaysia Closes Schools

    While Malaysian authorities ordered more schools to close on Monday, schools in Singapore reopened on the first day of the week as the air quality improved. However, although having improved, the air quality in Singapore remains unhealthy. The pollutant standards index in Singapore was 161 (meaning unhealthy) around 11 am local Singapore time on Monday (improving from a ‘hazardous’ reading of 341 last Friday). Meanwhile, Singapore mentioned five companies as having contributed to the forest fires that are causing the severe haze in Southeast Asia.

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  • Indonesian Stocks & Rupiah Weakening on China & US Data

    After opening on Monday (28/09) Indonesian stocks rapidly fell amid mixed Asian markets. The main factor that causes several Asian markets to fall is declining Chinese industrial profits (triggering concern about a deepening slowdown of the world’s second-largest economy). China’s industrial profits fell 8.8 percent in August, down from July’s 2.9 percent drop. By 09:50 am local Jakarta time, the benchmark Jakarta Composite Index was down 1.41 percent to 4,150.27 points.

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  • Indonesia Investments' Newsletter of 27 September 2015 Released

    On 27 September 2015, 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 in the last seven days. Most of the topics involve economic subjects such as Bank Indonesia’s new policy package, GDP growth, geothermal development, a stocks & rupiah update, September inflation, and much more.

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  • Bank Indonesia Set to Announce Policy Package to Support Rupiah

    The central bank of Indonesia (Bank Indonesia) is set to announce the second installment of a policy package that aims at raising onshore US dollar supplies (and liquidity). As the rupiah has been the second worst-performing Asian emerging market currency (after Malaysia’s ringgit), having depreciated 18.1 percent against the US dollar so far in 2015, Indonesian policymakers are anxious to prop up the ailing currency in order to safeguard the country’s financial stability. Bank Indonesia's benchmark rupiah rate (Jakarta Interbank Spot Dollar Rate, abbreviated JISDOR) stood at IDR 14,690 per US dollar on Friday (25/09), a 17-year low.

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