Welcome to the Indonesia morning news roundup by AEC News Today, your one stop for Indonesia news on matters of governance and policies affecting Asean business communities.
Tribunal: Honda & Yamaha Form Price-Fixing Cartel in Indonesia
Indonesia’s Business Competition Supervisory Commission (KPPU), the country’s anti-monopoly agency, penalized Yamaha Indonesia Motor Manufacturing (YIMM) and Astra Honda Motor (AHM) for forming a cartel with the purpose of conducting price-fixing and curtailing the distribution of Yamaha and Honda motorcycle sales in Indonesia, specifically those motorcycles with an engine capacity of 110-125 cubic centimeters.
— Indonesia Investments
Indonesia’s Big Banks Told to Submit Plans for Coping With a Crisis
Indonesia’s biggest banks must write up plans for recovering from potential insolvency, a measure to ensure that authorities do not have to bail them out, the chairman of the banking regulator said on Wednesday (22/02).
— Jakarta Globe
Indonesia allows Freeport to carry out exports for one year
The Indonesian government has given PT Freeport a chance to carry out concentrate exports for one year, although it is still negotiating the continuation of the US-based companys license to operate in Indonesia.
— Antara News
National Police Form New Unit to Tackle ‘Fake News’ on Social Media
The National Police have formed a new unit to tackle so-called fake news on social media.
— Jakarta Globe
Muhammadiyah Proposes Ban on Socmed ‘Buzzers’
Muhammadiyah, Indonesia’s second-biggest Islamic organization, has thrown its support behind a proposal to ban social media “buzzers” — online personalities who post content for pay — since they often become source of hoaxes and fake news.
— Jakarta Globe
Indonesian minister opens 5th IBRAF conference
Indonesian Minister of Communication and Informatics Rudiantara inaugurated the International Conference “Media for World Harmony” and the 5th Annual Meeting of the Organization of Islamic Cooperation Broadcasting Regulatory Authorities Forum (IBRAF) here on Wednesday.
— Antara News
International Conference Highlights Importance of Big Data Analysis in Policymaking
The International Conference on Data Revolution for Policy Makers kicked off in Jakarta on Tuesday (21/02), with more than three hundred participants in discussions on the opportunities and challenges in utilizing big data for policymaking.
— Jakarta Globe
S. Sumatra education office anticipates circulation of drugs in schools
The Culture and Education Office of South Sumatra Province continues to anticipate the circulation of drugs in schools.
— Antara News
Bolt! Ready for 300 Mbps Speed
Mobile broadband provider Bolt! is going to offer a package that allows customers to enjoy up to 300 megabits per second, after the company upgraded its networks into the 4G LTE Advanced system to deliver speedier wireless data payloads.
— Jakarta Globe
19 illegal Chinese workers deported from Riau
The immigration authorities in Riau province will deport 19 illegal Chinese workers employed in the construction of a thermal power plant in the provincial capital of Pekanbaru.
— Antara News
Automotive Sector: Bright Future for Car Sales in Indonesia?
Passenger car sales in Indonesia are estimated to rise 11.5 percent per year in the 2017-2021 period supported by Indonesia’s expanding middle class. This conclusion originates from research that was conducted by London-based BMI Research. Meanwhile, business consulting firm Frost and Sullivan sees Indonesian car sales rise 5 percent (y/y) to 1.11 million vehicles in 2017 supported by the popular low cost green cars and multipurpose vehicles.
— Indonesia Investments
Wika to inject Rp 1.13t for new subsidiary
State-owned construction firm PT Wijaya Karya (Wika) will gradually inject Rp 1.13 trillion (US$84.4 million) worth of capital to establish a new toll road operator subsidiary as it aims to tap into the lucrative business.
— Jakarta Post
Sri Baduga Fountain Park promotes ‘diversity’
ri Baduga Fountain Park in Purwakarta officiated the third phase of its development on Feb. 18. The park’s eastern parts, located at Jl. KK Singawinata, come equipped with new software that shows off an “Aqua Screen” and a water tunnel at its western gate.
— Jakarta Post
Tjahjo Kumolo remains firm on decision not to suspend Ahok
Home Minister Tjahjo Kumolo stood firm on his decision to continue to allow Jakarta Governor Basuki “Ahok” Tjahaja Purnama to keep hold of his post despite criticism saying that the governor should have been suspended due to his status as a defendant.
— Jakarta Post
Indonesia should be committed to gender mainstreaming: Minister Yembise
Women Empowerment and Child Protection Minister Yohana Yembise has emphasized the need for every ministry, institution, and local government to be committed to gender mainstreaming.
— Antara News
Indonesia urges ASEAN countries to improve maritime security
Foreign Affairs Minister Retno LP Marsudi urged the Association of Southeast Asian Nations (ASEANs) members to improve security in the regions waters during the ASEAN Ministerial Meeting (AMM) Retreat in Boracay, the Philippines, on Feb 20-21.
— Antara News
President Jokowi apprehensive about 2017 inflation exceeding last year`s figure
President Joko Widodo (Jokowi) has expressed apprehension about the inflation rate in 2017 surpassing last years 3.02 percent unless the country exercises caution.
— Antara News
Feature photo: Martin Fuhrmann
The Indonesia morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.
Indonesia Morning News Roundup For February 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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