Thailand Sees More Tourists, but Indonesia Records Bigger Growth in Their Number
According to Thailand’s Ministry of Tourism and Sports, the country welcomed 12 million international visitors in the first quarter of 2017, almost 3 percent more than in the same period last year.
— Jakarta Globe
China’s Delong to build $950m steel factory in Morowali
China’s Delong Holdings Limited plans to build a stainless steel factory in the Morowali Industrial Park in Central Sulawesi with an investment of around US$950 million, an official with the company said on Friday.
— The Jakarta Post
Boeing closing in on US$5bil orders from Asian airlines
Boeing Co is closing in on about US$5bil in orders from two Asian carriers for its longest-ever 737, people familiar with the matter said.
— The Star Online
Chinese Investors to Build Carbon Steel Plant in Indonesia
An Indonesian delegation collected more than USD $1.6 billion worth of investment commitments in a follow-up meeting after the Belt and Road summit in Beijing (held on 14-15 May 2017).
— Indonesia Investments
Jokowi vows to build 60 suspension bridges to connect villages across Indonesia
President Joko “Jokowi” Widodo has targeted to build 60 iron suspension bridges to improve access in mountainous villages across the country.
— The Jakarta Post
Indonesia to Get Access to Its Taxpayers’ Financial Data in Hong Kong
Indonesia and Hong Kong have agreed to share financial information that will give the Indonesian tax office access to data on taxpayers who have accounts in the wealth management hub, the Ministry of Finance said on Friday (16/05).
— Jakarta Globe
OJK to Monitor Fintech
The Financial Service Authority (OJK) has formed two new directorates as a response to financial technology (fintech) development. OJK deputy chief commissioner Rahmat Waluyanto said that the two new directorates are Digital Financial Innovation Unit and Fintech Permit and Monitoring Unit.
— Tempo.co
Indonesia to hold neutral monetary policy stance
Indonesia’s central bank kept its benchmark interest rate unchanged as expected and signaled it will maintain its neutral stance if inflation and the currency remain in line with forecasts.
— Independent Online
Infrastructure in Indonesia: Campaign Promises Kept?
After being overshadowed for decades by debates over the roles that trade policy and financial liberalization play in generating economic growth, developing quality infrastructure has reasserted itself as a top development priority. Success in infrastructure can bring spectacular gains in growth, exemplified by China.
— BRINK
Indonesia, China Invest in Morowali Industrial Area
Indonesia and China have agreed to invest in industrial zones outside Java. Companies from both countries last week signed agreements to invest in Morowali industrial area in South Sulawesi worth US$1.63 billion or Rp21 trillion.
— Tempo.co
Indonesia Airports app to assist travelers during Idul Fitri exodus
With just a week until Idul Fitri, we can already start to imagine the chaotic scenes at bus terminals, train stations, ports and airports across Indonesia.
— The Jakarta Post
Indonesia Set to Follow India in Building Toll Roads Using Plastic Waste
Coordinating Minister for Marine Affairs Luhut Binsar Pandjaitan said he will follow the successful way of India to build roads using plastic waste (plastic tar road), as a mixture of material.
— Netralnews
Feature photo Merdeka Online
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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.
Indonesia Morning News For June 19 added by Stella-maris Ewudolu on
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Stella-maris Ewudolu
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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