Indonesia Morning News For May 15

Indonesia Morning News For May 15
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Indonesia morning news

Indonesia warns of more cyberattack havoc as business week starts
The Indonesian government said the global cyberattack that takes computer data hostage is likely to cause more havoc when offices reopen for business.
– The Star Online

Meikarta Breaks MURI Record for Biggest Apartment Sale
he grand launching of the Meikarta apartments sale has broken the record of Indonesia’s Museum of Records, or MURI, for the largest number of buyers in one day.
– Jakarta Globe

Indonesia‘s Economic Growth Blows Optimism in World Business
Indonesia’s economic progress in various aspects, including in consumer indexes, has given an impetus to the business sector in the country.
– Netralnews

Indonesia’s Current Account Deficit Widens to 1.0% of GDP in Q1
Indonesia’s current account deficit widened slightly in the first quarter to $2.4 billion, equal to 1.0 percent of gross domestic product, the central bank said on Friday (13/05).
– Jakarta Globe

Indonesian hospitality major Ismaya Group in talks with PE players to raise over $30m
Indonesia’s hospitality major Ismaya Group, which owns award-winning restaurants and lounges, is planning to raise over $30 million via a stake sale, three people aware of the development told DEALSTREETASIA.
– Deal Street Asia

Sustainable Tourism in the Spotlight of Upcoming Conference
Efforts to promote and develop sustainable tourism will be highlighted at the 6th International Conference on Tourism Statistics in June, during which leaders of the international tourism industry will discuss policy initiatives and improvements in measuring and tracking its progress.
– Jakarta Globe

Jokowi seeks infrastructure investors at China summit
President Joko “Jokowi” Widodo is scheduled to attend the Belt and Road Forum in Beijing, China, from May 14 to 15 to increase investment in infrastructure development in Indonesia.
– The Jakarta Post

Renewed Consolidation Tipped For Indonesia Shares
The Indonesia stock market on Friday ended the two-day slide in which it had surrendered more than 50 points or 0.9 percent. The Jakarta Composite Index now rests just above the 5,675-point plateau although it may head south again on Monday.
– Nasdaq/ RTT News

Indonesian game studio Toge Productions expands to publishing, announces 6 new titles
Indonesian game studio Toge Productions today announced its expansion into game publishing industry with the announcement of six new game titles from four game developer studios: Mojiken Studio, Rolling Glory Jam, GameChanger Studio, and Tahoe Games.
– e27

Indonesian IT Ministry issues steps for protection against WannaCry ransomware
People all around the world are taking extra precautionary steps to protect their computers from the WannaCry ransomware program, which, according to latest reports, has attacked more than 200,000 devices worldwide in around 150 countries, including two major hospitals in Indonesia.
– Coconuts Jakarta

Indonesia co-work space EV Hive raises $800K, appoints new management team
Co-working space and community network EV Hive has raised $800,000 from three individuals – Carlson Lau, Jason Lee, and Ethan Choi – who have been appointed as new management team, Indonesia-focussed venture capital firm East Ventures announced.
– Deal Street Asia

Palm oil exports increase by 23.5 percent in Q1
Exports of palm oil products increased by 23.5 percent year-on-year (yoy) to 8.02 million tons in the first quarter of this year, data from the Indonesia Association of Oil Palm Producers (GAPKI) shows.
– The Jakarta Post

Indonesian seafood enforcer blows up illegal fishing boats
A high school dropout turned seafood entrepreneur is leading Indonesia’s crackdown on illegal fishing, winning plaudits from conservationists and awards as far away as Washington despite her explosive methods.
– Nola

A setback for Indonesia
It was not too far back that progressive thinkers in Southeast Asia looked up to Indonesia with high hopes.
– The Nation

Sandiaga Calls on Jakartans to Fight against Tobacco Industry
akarta Deputy Governor-elect Sandiaga Uno has called on Jakartans to fight against the tobacco industry. He also urges the people to unite following the end of Jakarta gubernatorial election.

Indonesia coal output seen growing up to 5 pct this year and next -industry association
Indonesia, the world’s top thermal coal exporter, could increase production of the fuel used in power stations by 5 percent in 2017 and 2018, the country’s leading coal industry association said on Sunday.
– Reuters


Feature photo Anita
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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.




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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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