Indonesia Morning News For September 7

Indonesia, Japan deepen talks on joint development in South China Sea
The new Japan-Indonesia partnership comes as the U.S. under President Donald Trump has reduced its presence in the South China Sea, creating a power imbalance in the disputed area and encouraging China to continue staking its overreaching claims there.
— Nikkei Asian Review

Several thousand join Indonesia protest over Rohingya plight
The demonstration was the largest in a series of protests this week by Indonesians against Myanmar’s government and its leader, Nobel Peace Prize laureate Aung San Suu Kyi.
— Seattle Times

State budget on climate change increased: Ministry
Finance Ministry has also set several fiscal incentives, mainly in terms of developing the renewable energy sector.
— Antara

Govt to Commence Jakarta – Surabaya Train Project Next Year
The Transportation Ministry expects the Jakarta – Surabaya semi high-speed train project to commence in mid-2018.
— Tempo (EN)

Japan seeks expanded industrial engagement with Indonesia and India
Japan is undertaking efforts to deepen understanding of the defence industrial capabilities of Indonesia and India, with a view to pursuing military technology programmes with the two countries and possible defence trade.
— Jane’s 360

Bank Mandiri Set to Terminate Contracts of Merchants that Conduct Card Double Swipe
Card double swiping is potentially harmful for customers, because the data recorded on the cash register merchant can potentially be exploited by perpetrators of crime.
— Netral News

Asian Paints Indonesia arm starts production
PT Asian Paints Indonesia, its indirect subsidiary, has commenced production with a capacity of 5,000 tpa on single shift basis.
— The Hindu Business Line

CapitaLand grows Indonesian presence with $300m in investments
CapitaLand is on a roll in Indonesia. Its first integrated development in the country, The Stature Jakarta reached a total development cost of approximately $220m.
— Singapore Business Review

Indonesia: Hospital chain Hermina raises $45m from Creador ahead of IPO
Private equity firm Creador has invested $45 million (Rp 600 billion) and taken a minority stake in Hermina Group, a private hospital chain operator in Indonesia slated for an IPO next year.
— Deal Street Asia

Trisula Textile Industries Set on Issuing 300 Million Shares in IPO
The company will issue 300 million shares, equivalent to 20.69 percent of Trisula Textile’s issued and paid up capital, with nominal value of IDR100.
— Netral News

Defence ties at the heart of Singapore-Indonesia partnership
The two countries celebrate 50 years as partners, notwithstanding a wide disparity in size, resources, development and historical perspectives.
— Straits Times

Stalled Indonesia rail project overcomes major hurdle
The Indonesian government is negotiating with Japan to upgrade a roughly 750km rail line traversing the island of Java.
— Nikkei Asian Review

Papuan separatists to petition U.N. against Indonesian rule
The people of West Papua are facing a “slow motion genocide” and demand independence from Indonesia, separatist leaders told Reuters after a march in Geneva, adding they would press their case with a petition to the United Nations in New York.
— Reuters

Draghi, Not Yellen, Becomes the Biggest Swing Factor for Jakarta
Where once the Federal Reserve’s policy outlook was the biggest swing factor for policy makers in Jakarta, an influx of yield hungry European investors is changing all that.
— Bloomberg

Japan to help Indonesia monitor seas near Natuna
Amid ongoing tension with China over conflicting territorial claims near the Natuna Islands, Indonesia has received a boost from the Japanese government, which decided to help enhance surveillance and supply patrol vessels for the disputed area.
— The Jakarta Post

Indonesia, New Zealand Co-Chair Meeting to Combat Ocean Pollution
Indonesia and New Zealand on Wednesday (06/09) co-chaired the East Asia Summit Conference on Combating Marine Plastic Debris in Bali, as countries seek to address the issue in a collective effort to protect the environment.
— Jakarta Globe

How millennials can help Indonesia’s financial market
While having a certain status certainly helps, you really don’t need to be a president or CEO to make a meaningful contribution to social progress.
— The Jakarta Post

The financial case against coal power in Indonesia
As renewable energy costs have come down drastically, renewables are forcing utility policy makers and regulators around the world to rethink the way the electricity sector is structured.
— Mongabay

Creating a Sea of Transparency
Indonesia made history by being the first country to share its national vessel tracking data in Global Fishing Watch.
— US News

Feature photo Anthony C
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.