Indonesia Morning News For June 27

Indonesia Morning News For June 27
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Indonesia morning news

‘Indonesia keeping pledge to end cross-border haze’
Indonesia has adopted systematic measures to address the cross-border haze that affects South-East Asia, in keeping with its assurance to ensure an end to the problem by 2020, said Natural Resources and Environ­ment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar.
— The Star Online

Exclusive: Kresna-backed to raise $5m this year
Kresna-backed mall directory website is looking to raise a minimum of $5 million in funding from existing and new investors.
— Deal Street Asia

Trump’s Indonesian business partner slapped with travel ban
Authorities in Indonesia have issued a travel ban against the Indonesian business partner of U.S. President Donald Trump after he was accused of threatening a deputy attorney general, officials said Monday.
— ABC News

Depok waste production increases by 150 tons ahead of Idul Fitri
The post-fasting Idul Fitri celebrations have produced an increase in waste in Depok, West Java, according to a local official.
— The Jakarta Post

Capital market in positive trajectory this year: OJK
Indonesia’s capital market is moving in a positive trajectory and performing better than last year, the Financial Services Authority (OJK) has said.
— The Jakarta Post

Indonesia police find IS propaganda targeting children
Indonesian police have found hundreds of books containing Islamic State propaganda targeting children at the home of a suspect arrested in connection with the stabbing death of an officer, a police spokeswoman said on Monday.
— Bangkok Post

Why Analysts Expect Freeport-McMoRan’s 2Q17 Profits to Rise
Previously, we looked at Teck Resources’ (TECK) 2Q17 earnings estimates. In this part, we’ll see what analysts are projecting for Freeport-McMoRan’s (FCX) 2Q17 earnings. Freeport is the world’s second-largest copper producer (GLNCY) (SCCO) and also has some energy assets.
— Market Realist

Citilink’s Passenger Load Factor Rises to 85% During Idul Fitri Exodus
Citilink, the subsidiary budget airline of national flag carrier Garuda Indonesia, reported a spike in passengers during the Idul Fitri exodus season this year, improving the airline’s capacity utilization.
— Jakarta Globe

Gas potential off the coast of Indonesia under review
A British oil and gas developer said Monday it was expecting its strategy to exploit natural gas reserves off the coast of Indonesia to pay off.
— Newsline

Cikarang prison grants Eid remission to 531 inmates
The Cikarang correctional institution in Bekasi District, West Java, has granted remission to 531 inmates on the occasion of Eid al Fitr, commonly known as Idul Fitri or Lebaran.
— Antara News

SES signs deal with Indonesian satellite communications company
Luxembourg-based SES Networks has signed a multi-year agreement with Indonesian satellite communications provider Primacom (PT Primacom Interbuana).
— Luxemburger Wort

Economic Minister & Bank Indonesia Deputy Differ on Q2 GDP Growth
Darmin Nasution, Indonesia’s Coordinating Economic Affairs Minister, is optimistic that gross domestic product (GDP) of Southeast Asia’s largest economy can expand between 5.1 and 5.3 percent year-on-year (y/y) in the second quarter of 2017.
— Indonesia Investments (press release)

Examining Barrick Gold’s Regulatory Risk In Developing Countries
Barrick Gold’s African operations are mired in uncertainty amid the Tanzanian government’s ban on the export of unprocessed mineral ores from the country. In addition, the Tanzanian government has alleged that Acacia Mining plc, the Barrick Gold subsidiary which operates the company’s mining interests in the country, has been evading taxes by understating the amount of gold concentrate that it exports.
— Forbes

To ease tensions, Indonesian Catholics help Muslims celebrate Eid al-Fitr
Indonesian Catholics have made a greater-than-usual effort to help Muslims celebrate Eid al-Fitr this year amid heightened religious tensions in the country, reported


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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