Indonesia Morning News For July 11

Indonesia Morning News For July 11

Indonesia morning newsIndonesia’s SMI raises 1.5 trillion rupiah in bonds to fund green projects
Indonesia’s Sarana Multi Infrastruktur (SMI), a state-owned infrastructure financing firm, said on Tuesday it had issued a combined 1.5 trillion rupiah ($104.6 million) via green bonds and sukuk, tapping
— Energy World

Sri Mulyani: State Income to be Rp8 Tn Higher than Target
Finance Minister Sri Mulyani predicts that the state income will have an excess of Rp8 trillion from the initial 2018 state budget (APBN), which is a combination of non-tax (PNBP) and tax income.

What to know about risks of cave exploring in Indonesia
With an ongoing rescue mission to help a group of Thai boys and their soccer coach escape a cave in Chiang Rai, Thailand, capturing the world’s attention, it is worth noting that there are similarities between caves in Thailand and Indonesia.
— The Jakarta Post

Proton says joint development of Indonesian national car still on, looking towards an ASEAN car in future
Proton says plans that were first mooted in 2015 to develop and manufacture an Indonesian national car in collaboration with PT Adiperkasa Citra Lestari are still on, The Edge reports.

Police to Probe Alleged Corruption in School Renovation Project
Police confirmed to continue investigating the alleged corruption of rehabilitation project for 119 schools in Jakarta worth Rp191 billion.

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Can the palm oil sector do more with less to save Indonesiaís forests?
A ban on the expansion of Indonesiaís palm oil sector has yet to take effect.
— Eco Business

ASEAN Disaster Law Mapping launched in Jakarta
The Association of South East Asian Nations (ASEAN) Committee on Disaster Management (ACDM), and the International Federation of Red Cross and Red Crescent Societies (IFRC) officially launched a new report on_ ìASEAN Disaster Law Mapping ñ Implementing AADMER: A Regional Stock-takeî_ on 2 May 2018 in Jakarta, Indonesia.
— ReliefWeb

House Speaker encourages MUI to respond to radicalism at mosques
House Speaker Bambang Soesatyo encouraged the National Counterterrorism Agency (BNPT) and Indonesian Ulemas Council (MUI) to respond to a finding that 41 out of the 100 mosques surveyed were indicated of being infiltrated by radicalism.
— Antara News

Indonesia sets higher car sales target in 2018
Indonesian automotive association has ratcheted up car sales target for this year, although local currency rupiah has been depreciating against the greenback, top official of the association said on Tuesday.
— Xinhua

Indonesia unveils plans to mitigate impact of trade war
Indonesia is set to put in place counter-measures that mitigate the anticipated uncertainties caused by the trade war between the US and China, which has hit investors’ confidence at home and put pressure on the rupiah.
— The Straits Times

Indonesia records additional 580m boepd production
The approval of the 26 plans of development in the first half has resulted in additional oil and gas production of around 580 million barrels of oil equivalent per day (boepd), Upstream Oil and Gas Regulatory Special Task Force chairman Amien Sunaryadi has said.
— The Jakarta Post

Ministry launches mobile app for exploring Indonesia’s national parks
The Environment and Forestry Ministry launched on Friday a mobile application to help both foreign and domestic tourists seeking to explore the countryís vast natural landscapes.
— The Jakarta Post

Indonesia’s tax collection improves, but not enough to meet 2018 target
Indonesia, long weak in tax collection, is collecting significantly more this year than in 2017, but still will fall short of the 2018 target, the tax office chief said on Tuesday.
— Nasdaq

Indonesia bans all coral exports
The Indonesian government has issued a blanket ban on all exports of corals, stunning the global ornamental fish industry.
— Pet Business World

Indonesia and Australia Look Forward to Shared Digital Future
Indonesia and Australia will work closer toward a shared digital future, the Australian ambassador to Indonesia Gary Quinlan said this week, as the neighbors aim to increase cooperation in the digital sector.
— Jakarta Globe

Indonesiaís presidential hopefuls will need to brandish their Islamic credentials
The 2019 presidential election in Indonesia will be different from previous elections. All potential candidates will have to show that they possess strong Islamic credentials if they hope to go far.
— East Asia Forum

PGNís Step in Handling Gas Leak on Bojongnegara Waters
PT Perusahaan Gas Negara (PGN) is ready to suppy gas to Cilegon’s Gas and Steam Power Plant (PLTGU) owned by PT PLN (State Electricity Company) which had been disrupted from a gas leak owned by the K3S supplier on Tuesday, July 10.
— Netral News

Reading Nutritional Content Label Should be Mandatory
Director of Community Nutrition at the Ministry of Health Doddy Izwardy recommends that people should consider it mandatory to read food packaging before consuming.
— Netral News


Feature photo JonathanSheridanJones

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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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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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