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.
Papua asks for 10 percent in Freeport divestment
The Papua administration has requested a 10 percent share of divested shares of copper and gold miner PT Freeport Indonesia if the company abides by a requirement to sell 51 percent of its shares to national entities.
— The Jakarta Post
Indonesia Wants Control of Freeport’s Grasberg Within Two Years
The dispute engulfing the world’s second-biggest copper mine deepened as Indonesia’s government said it planned to take a majority stake in the local unit of owner Freeport-McMoRan Inc. within two years while workers at the pit threatened to go on strike.
— Bloomberg
Indonesia Short on Funds to Restart Stalled Rail Projects
Got spare change under your sofa cushions? If you do, take it to your bank, get a money order and send it to: Ministry of Transportation, Government of Indonesia, Jakarta.
— Next City
Tobacco bill contradicts 14 laws: Expert
An expert has warned that the deliberation of the tobacco bill is not worth being continued because it contradicts several prevailing laws.
— The Jakarta Post
U.S. Air Force delivers refurbished F-16s to Indonesia
Four refurbished F-16 Fighting Falcons were flown from the United States to Indonesia recently for delivery to the Indonesian Air Force.
— UPI.com
Pakistan asks Indonesia to ease visa restrictions
Pakistan insists that its bilateral relationship with Indonesia will flourish if the two countries find a solution to the strict visa requirements that have been placed against Pakistanis.
— The Jakarta Post
Indonesia port graft investigation disrupting coal shipments
Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia.
— Reuters
Indonesia to Tax World’s Fastest-Growing Internet Market
Indonesia has an open ear for companies debating a planned e-commerce tax, but a tough fist for those that defy the levy, a government spokesman told Bloomberg BNA March 21.
— Bloomberg BNA
Indonesia to produce more hoes to reduce imports
The Industry Ministry is cooperating with various state enterprises to increase the production and trade of hoes across the archipelago to fight illegal imports and reduce dependence on China.
— The Jakarta Post
Indonesia markets dual-tranche dollar sukuk at 3.75%, 4.5% areas
The Republic of Indonesia, rated Baa3/BB+/BBB-, has given initial price guidance for a dual-tranche US dollar sukuk offering.
— Gulf News
Indonesia eyes Rp 863t investment
The Investment Coordinating Board (BKPM) hopes to attract Rp 863 trillion (US$64.6 billion) in foreign direct investment (FDI) in 2018, a 27 percent increase from the 2017 goal of Rp 678.8 trillion amid the global race to be the most attractive investment destination in the world.
— The Jakarta Post
Indonesia recruits tribespeople for war against haze
Indonesia is recruiting tribespeople to help fight outbreaks of haze which shroud South-east Asia every year, with a government deal designed to tap into traditional ways of containing forest fires.
— The Straits Times
Election committee better monitor mosques misused for campaigning: Ahok’s team
Jakarta Governor Basuki “Ahok” Tjahaja Purnama’s campaign team has urged the Elections Supervisory Committee (Panwaslu) to monitor mosques for possible political campaigning.
— The Jakarta Post
World Bank trims Indonesia 2017 GDP forecast, flags inflation risk
The World Bank has revised down its growth forecast for Indonesia this year a touch, blaming global uncertainty and warning that rising inflation could crimp consumption in Southeast Asia’s biggest economy.
— The Business Times
Most Indonesians Want Jokowi’s Re-Election in 2019: Survey
More than half of all Indonesians want President Joko “Jokowi” Widodo to be re-elected in the 2019 presidential election, according to a survey released on Wednesday (22/03).
— Jakarta Globe
KPK investigates customs authorities in Constitutional Court judge’s graft case
The Corruption Eradication Commission (KPK) is probing six officials at the Finance Ministry’s Directorate General of Customs and Excise in its investigation into an alleged bribery case that has implicated former Constitutional Court (MK) justice Patrialis Akbar and businessman Basuki Hariman, a commissioner has said.
— The Jakarta Post
Russia planning series of defense contracts with Indonesia on Su-35 fighter jets
A contract to deliver Su-35 multirole fighter jets to Indonesia will be the first in a series of planned defense deals with this country, the director for international cooperation and regional policy at Russia’s defense industry conglomerate Rostec said Wednesday.
— Tass
Anti-cement plant rally goes on after farmer’s death
Following Tuesday’s death of a farmer demonstrator, about 100 NGO activists joined the Central Java farmers’ protest across from the State Palace on Wednesday, protesting a cement factory that they deem as endangering the villagers’ livelihood.
— The Jakarta Post
New platform for palm oil plantation management launched
Malaysia’s software solution provider LintraMax, in collaboration with mapping service provider Earthline, launched on Wednesday a new management system platform for palm oil plantations in Indonesia.
— The Jakarta Post
Creators Super Fest to showcase work of indie artists
Local indie artists are being encouraged to unite at Creators Super Fest, an event that aims to exhibit works from independent artists and connect them with the market. Taking place at the Grand Ballroom of Pullman Hotel Central Park, West Jakarta, Creators Super Fest will run from April 29 to 30.
— The Jakarta Post
Ahok’s wife reported for attending charity event
Cipinang Melayu residents in East Jakarta reported Veronica Tan, wife of Jakarta gubernatorial election candidate Basuki “Ahok” Tjahaja Purnama, to the election committee for allegedly violating Jakarta gubernatorial election campaign rules by attending a charity event held by the NasDem Party.
— The Jakarta Post
Unit 1 of 321-MW geothermal project in Indonesia comes online
The first unit of the 320.8-MW Sarulla geothermal power plant in Indonesia’s North Sumatra province has commenced commercial operation.
— Renewables Now
Indonesia`s human development index has rapidly increased: UNDP
The United Nations Development Program (UNDP) has recorded that Indonesias human development index (HDI), comprising per capita income, life expectancy, and education indicators, has increased rapidly in the past 25 years.
— Antara News
Indonesia: Equity crowdfunding startup Akseleran launches in Jakarta
Indonesia’s first equity crowdfunding platform Akseleran was officially launched in Jakarta on Tuesday.
— Deal Street Asia
Indonesia Cautioned of being Targeted by Pedophiles
Child sexual abuse is one of the problems often faced by Indonesia, and the government is committed to tackling the menace by imposing severe punishment, such as castration, on pedophiles involved in such crimes.
— Tempo.co
Widodo: Safeguard the Strength of Indonesia’s Household Consumption
Indonesian President Joko Widodo urged his cabinet members to guard – or even better: to improve – household consumption in Indonesia as this would have an immediate impact on Indonesia’s overall macroeconomic growth. Over the past five years, the nation’s household consumption accounted for about 56 percent of Indonesia’s gross domestic product (GDP).
— Indonesia Investments
Jokowi receives members of Traditional Community Alliance
President Joko Widodo (Jokowi) received several members of the Nusantara Traditional Community Alliance (AMAN), at the State Palace here on Wednesday, to discuss the law on traditional community or adat community.
— Antara News
Resolve land disputes through deliberations: President
President Joko Widodo (Jokowi) has called on the local communities, regional governments, and companies to avoid clashes over land disputes and to solve them through deliberations.
— Antara News
Demand for Indonesian CCO continues to rise in US, Netherlands
The demand for crude coconut oil (CCO) produced in North Sulawesi has continued to increase among buyers from the US and the Netherlands.
— Antara News
Indonesia rejects plea from ride-hailing startups for a grace period to implement new transport regulations
Last week, Indonesia’s major ride-hailing companies, including Go-Jek, Grab, and Uber, released a joint statement, opposing a revision to a transport regulation introduced by the Ministry of Transportation, which will come into effect from April 1, 2017.
— e27
Indonesia needs more women in politics, UNDP survey suggests
Greater participation of women in Indonesian politics, in terms of their presence on legislative bodies, is key to the country’s efforts to close the gender inequality gap, the United Nations Development Program (UNDP) has said in its latest Human Development Index (HDI) report.
— The Jakarta Post
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Indonesia morning news is published M-F by AEC News Today: Governance, not government; policies not politics.
Indonesia Morning News For March 23 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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