Indonesia Morning News For July 2

Indonesia Morning News For July 2

Indonesia morning newsIndonesia Net International Investment Position Liabilities Plunge in Q1
Indonesia’s net international investment position (NIIP) recorded net liabilities that decreased primarily due to reduced net foreign liabilities (NFL) position.
— Netral News

Freeport Indonesia Acquisition Valued at Nearly 4 bn USD
State Owned Enterprise Minister Rini Soemarno explained that she has discussed Freeport Indonesia`s acquisition value with Freeport McMoran Head Executive Richard Adkerson.

Lampung Disburses IDR 400 Billion for First Phase Village Development
Lampung Province has allocated 20 percent of its village fund budget for the first phase in June 2018, from the total IDR 2 trillion budget (around IDR 400 billion). However, there are three villages in North Lampung District that have not received funding from the State-Budget.
— Netral News

First Phase of MRT Jakarta Construction Reaches 94.6 Percent
PT Mass Rapid Transit (MRT) President Director William P. Sabanda said MRT’s first phase construction of the South-North corridor has reached 94.6 percent.

Indonesia, Malaysia must fight EU over CPO ban: Mahathir
Malaysian Prime Minister Mahathir Mohamad has said Indonesia and Malaysia need to fight together against the European Union’s plan to restrict exports of crude palm oil (CPO) and its derivative products to member countries of the union.
— The Jakarta Post

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Indonesia and Thailand Set to Discuss Cooperation on Trade, Investment and Tourism
The ninth meeting of the Indonesia-Thailand Joint Commission will take place in Yogyakarta next week when the two countries will discuss ways to improve cooperation on trade, investment and tourism.
— Jakarta Globe

Commentary: Indonesia has won a seat on the United Nations Security Council. Now what?
Indonesia has successfully won its bid for a non-permanent seat on the United Nations (UN) Security Council from 2019 to 2020, but what is the country likely to achieve?
— Channel NewsAsia

KPU goes forward with banning graft convicts from running for legislative office
The General Elections Commission (KPU) issued a regulation on Saturday that, among other things, bans former graft convicts from running in next year’s legislative elections, despite opposition from the House of Representatives and the Law and Human Rights Ministry.
— The Jakarta Post

Indonesia’s geothermal potential
Many are unaware of this, but Southeast Asia is home to 25 percent of the world’s geothermal generation capacity.
— The Asean Post

Indonesia’s Inalum close to acquiring Rio interest in Grasberg copper mine
Indonesia’s state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday.
— Reuters/ Mining Weekly

Ritual sacrifice draws crowds to volcano
Thousands of locals and tourists climbed Mount Bromo early Sunday for a lavish religious ceremony that involves throwing ritual offerings into the smouldering crater of an active volcano in Indonesia’s tribal hinterlands.

Indonesian, British varsities’ collaboration on maritime supports government’s program
The collaboration of study on maritime between an Indonesian higher educational institution, London School of Public Relations (LSPR) Jakarta, and Coventry University, the United Kingdom, supports the Indonesian government’s programs.
— Antara News

Indonesia: Security forces’ unlawful killings going unpunished – new report
Indonesian security forces have unlawfully killed at least 95 people in little more than eight years in the eastern provinces of Papua and West Papua, with the majority of perpetrators never being held to account for the crimes, Amnesty International reveals in a new report today.
— Amnesty International UK

Govt hopeful for renewed migrant worker agreement
Indonesia is hopeful that Malaysia, under the leadership of re-instated Prime Minister Mahathir Mohamad, would be more cooperative in renewing an agreement on the protection of Indonesian domestic workers in spite of the dubious policies the world’s oldest leader made in the past.
— The Jakarta Post

Media Should be Active in Publicizing Pandemic Disease Issue: FAO
The Indonesian Ministry of Agriculture (MoA) together with the FAO Emergency Centre for Transboundary Animal Diseases (ECTAD) Indonesia encourage the mass media to be more active in publicising the issue of pandemic diseases, especially in raising awareness to prevent and control new Emerging Infectious Diseases (EID) and reduce the threat of Antimicrobial Resistance (AMR) using the “One Health” approach.

Soccer – Indonesia beats Laos 1-0 in AFF tournament
The Indonesian team of under-19 years old players (Timnas U-19) defeated team of Laos 1-0 in the first match of the U-19 AFF Cup tournament at the Gelora Delta Sidoarjo in East Java on Sunday night.
— Antara News


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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.

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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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