Indonesia Morning News For June 29

Indonesia Morning News For June 29
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TCE signs MoU with Indonesia for laying roads with waste plastic
The Centre for Solid Waste Management of Thiagarajar College of Engineering (TCE) here has signed a memorandum of understanding with the Coordinating Ministry of Maritime Affairs of the Republic of Indonesia to replace all its existing roads with ‘plastic roads’ between 2017 and 2025.
— The Hindu

Exclusive: Saratoga Group scouts for strategic partners, co-investors for Indonesia
PT Saratoga Investama Sedaya Tbk – one of Indonesia’s most active infrastructure, natural resource, and consumer sector investment company – has initiated talks with strategic investors for a co-investment partnership as it continues to bet big on rising opportunities in Indonesia.
— Deal Street Asia

Ministry, Moovit team join for public transport app
THE GREATER Jakarta Transportation Agency (BPTJ), part of the Transportation Ministry, has reached a deal with transportation app Moovit Indonesia to provide integrated information on public transportation in Jakarta and its neighbouring cities.
— The Nation

Palace denies President and Vice President to get salary increases
The State Place has denied a report that President Joko “Jokowi” Widodo and Vice President Jusuf Kalla have got salary increases, stressing that the salaries of the two top state officials have not changed for the last 16 years.
— The Jakarta Post

Ride-Hailing Service Grab Suspends Hundreds of Drivers for Fraud
Grab Indonesia, the local unit of the Southeast Asia-wide online ride-hailing service, has suspended some of its driver partners for alleged fraud, the company said in a statement on Tuesday (27/06).
— Jakarta Globe

Sandiaga Uno to establish sharia tourism zone in Jakarta
Deputy governor-elect Sandiaga Salahuddin Uno said on Tuesday that he planned to establish a sharia tourism zone in Kwitang, Senen, Central Jakarta.
— The Jakarta Post

Indonesian ports to cut dwell time to under two days by Q4
The Indonesian government plans to cut dwell time at the country’s ports to less than two days from the current 2.9 days in the fourth quarter of this year and to reduce logistics costs through policies that provide support for logistics companies, local media reported.
— Seatrade Maritime News

The Challenges For Global Retail Franchises In Indonesia
Despite a booming middle-class and government promises to reform tedious and impenetrable red tape, many of the world’s top brands struggle to set up in Indonesia or thrive once established, as seen by the shock announcement from convenience store giant 7-Eleven to withdraw from the country this month.
— Indonesia Expat

No Indonesian market for SMRs
In May 2017, Indonesia’s government announced that Russia’s Rosatom State Atomic Energy Corporation had offered to develop nuclear power plants in Indonesia. But the person making the announcement, Luhut Pandjaitan—the coordinating maritime affairs minister—said he had told them that Indonesia was not ready yet because “we need to raise public awareness, which takes time.”
— Bulletin of the Atomic Scientists

FL Technics Indonesia Signs First Base Maintenance Deal with Tri-M.G.
Directorate General of Civil Aviation in Indonesia has recently granted FL Technics Indonesian branch, a global provider of integrated aircraft maintenance, repair and overhaul services, with base maintenance approval AMO-145. Immediately after the approval, FL Technics Indonesia has announced signing C-check agreement for Tri-M.G.’s Boeing 737 CL.

Imagene Labs to enter Indonesia, offering wellness and beauty solutions based on your DNA
Singapore-based genetic startup Imagene Labs announced that it is going to enter the Indonesian market in July, the company’s spokesperson told e27 at the recent Echelon Asia Summit 2017.
— e27

New Indonesian counter-terrorism measures deserve scrutiny
New measures to combat extremism have been tabled in Indonesia. Although at first glance they seem logical given the growing regional militant threat – particularly from the ongoing armed conflict in Marawi – upon closer inspection they come attached with broader risks.
— Global Risk Insights

Korea’s Woori Bank ups capital by $100 million in Indonesian subsidiary
South Korea’s Woori Bank will inject $100 million in its Indonesian subsidiary to bolster its capital base and groom it as one of top five lenders in the Southeast Asian country.
— Pulse

Govt should think twice about military aid for Philippines: Expert
Military expert Mufti Makarim urged the government to be careful with its plan to provide the Philippines with military aid as part of a mission to quell a militant group affiliated with the Islamic State (IS) in Marawi, Southern Philippines.
— The Jakarta Post


Feature photo Midori 
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Indonesia morning news by AEC News Today is your one stop source for Indonesia news on matters of governance and policies affecting Asean business communities and is published M-F by AEC News Today: Governance, not government; policies not politics.



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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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