Indonesia Morning News For June 26

Indonesia Morning News For June 26
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Indonesia morning news

Police Record 598 Road Accidents During Idul Fitri Exodus
The National Police recorded 598 road accidents from June 19 to 22 as travelers continue to embark upon the annual Idul Fitri exodus to the countryside.
— Jakarta Globe

BSP’s plan to sign pact with Asean-5 to enhance trade
THE Bangko Sentral ng Pilipinas (BSP) is seen signing bilateral agreements under the Asean Banking Integration Framework (Abif) with the founding members of the Association of Southeast Asian Nations—or Asean-5—as it prepares to touch base with its Singaporean counterpart this year.
— Business Mirror

End of an Era: All 7-Eleven Stores to Be Closed by Month-End
Modern Sevel Indonesia, a retailer unit of Modern Internasional, a listed company controlled by the Honoris family, has announced it will close all of its remaining 120 7-Eleven outlets across the country.
— Jakarta Globe

Proterra Investment Partners to double down on Indonesia’s food sector
Exuding optimism with Indonesia’s private equity (PE) investment opportunities in an expanding commodity sector, food and agriculture sector-focused PE player Proterra Investment Partners sees the firm’s networks and sector’s deep knowledge — all ingredients for fueling its PE ventures’ success in Asia.
— Deal Street Asia

Australia welcomes charges against alleged Bali bombing mastermind
SYDNEY: Australia on Saturday welcomed charges against a Guantanamo Bay prisoner accused of masterminding the 2002 Bali bombings in which 202 people were killed, including 88 Australians.
— Channel NewsAsia

Indonesia will not change UAE maid ban
ABU DHABI // Indonesia plans to maintain a ban on its citizens working as household staff for the foreseeable future, despite the planned introduction of laws to guarantee them greater rights.
— The National

Gov’t to Keep Fuel Price Steady Through September
The government has decided not to raise the price of fuel until the end of September as it anticipates lower global oil prices.
— Jakarta Globe

Touted Sea Change in Indonesia Shipping Network May Hit Choppy Waters
With its towering new cranes and wharves that can handle some of the world’s biggest ships, Indonesia’s main international port has been shaking off its reputation for inefficiency and congestion with a $2.5 billion upgrade.
— Jakarta Globe

World Bank lauds Indonesia’s fiscal framework
The World Bank has lauded Indonesia’s fiscal framework, calling it “solid” and saying that it has contributed to improving the credibility of the country.
— The Jakarta Post

Nordic funds indirectly hurting Indonesia’s rainforests
Nordic pension funds are indirectly supporting Indonesia’s environmentally destructive palm oil industry, a new report claims, putting into question the reputation of Norway and Sweden as global leaders in the fight against deforestation.
— SciDev.Net

How Indonesia Settles Down Palm Oil Conflict with EU
Coordinating Minister for Economy Darmin Nasution said he would visit Europe for talks with the European Parliament hoping to avert EU discrimination against Indonesian palm oil.
— Netralnews

Batik Air opens Indonesia – India route
Beginning in July this year, Batik Air, a subsidiary of Lion Air, will have two new daily flights that fly to three cities in India: Chennai, Delhi and Mumbai. For these flights, passengers will be transported on an Airbus A320 fleet departing from Ngurah Rai International Airport in Bali to India.
— 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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