Indonesia Morning News For June 29

Indonesia Morning News For June 29

Indonesia morning newsBI: Cash Circulation Reaches IDR191.3 Tln during Eid 2018
The activities of the Rupiah Payments and Money Management System increased during the Ramadan/Eid al-Fitr period of 2018.
— Netral News

Fiscal incentives to take toll on tax revenue
Director General of Taxation Robert Pakpahan says fiscal incentives granted to businesses to attract investment will adversely affect his office’s tax collection efforts this year.
— The Jakarta Post

Indonesia: 4G to drive telco & pay-TV revenues
Total pay-TV and telecom services revenue in Indonesia is poised to increase at a compound annual growth rate (CAGR) of 3.7 per cent over the period 2017-2022, mainly driven by growth in mobile data (4G) and fixed broadband revenues, according to data and analytics company GlobalData.
— Advanced Television

Constitutional Court scraps controversial House immunity
The Constitutional Court ruled unanimously on Thursday to scrap a number of controversial articles in the 2018 Legislative Institutions ( MD3 ) Law that were believed to have given House of Representatives lawmakers legal immunity from criminal investigation and public criticism.
— The Jakarta Post

Indonesia, Timor-Leste discuss double-taxation removal, investment protection
The governments of Indonesia and Timor-Leste agreed on Thursday to negotiate on the termination of double taxation and promotion of investment protection.
— Xinhua

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Poll-related violence flares in Indonesia’s Papua
Three people, including two police officers, were killed in Indonesia’s easternmost province of Papua after alleged separatists opened fire on boats carrying voters and officials who had just cast ballots in local elections, police said.
— Channel NewsAsia

Ash from erupting volcano shuts airport in Indonesia’s Bali
Ash from a volcanic eruption forced the closure of the international airport on the Indonesian resort island of Bali on Friday, as Mount Agung volcano became active again after a lull since late last year.
— Reuters

Indonesia continues forex, bond market intervention to defend rupiah -deputy gov
Indonesia central bank’s senior deputy governor Mirza Adityaswara said Bank Indonesia is continuing to intervene in both currency and bond markets to help stabilise the rupiah.
— Nasdaq

Indonesia Called on to Support Timor Leste to Become ASEAN Member
Timor Leste President Fransisco Guterres urged has called on Indonesia to support his country to become a member of the Association of Southeast Asian Nations (ASEAN).

Private investment firm established to help SOEs fund infrastructure projects
A private investment firm, PT Bandha Investasi Indonesia (BUMN Fund), was established Thursday to help state-owned enterprises (SOEs) fund infrastructure projects.
— The Jakarta Post

Indonesia faces critical questions about self-identity
Social togetherness is a key term used to define the way of life in Indonesia and one that truly reflects the character of this multicultural society.
— UCA News

Unofficial counts show regional Indonesia polls favouring President Widodo
Unofficial counts in Indonesia’s regional elections on Wednesday put candidates favouring President Joko Widodo ahead in three provinces on Java island, home to more than half of the population of the world’s third-largest democracy.
— The Daily Herald (media release)

Indonesia Joins One Health Congress in Canada
Indonesia participated in the fifth International One Health Congress in Saskatoon, Canada on 22-25 June 2018 to share its experiences in preventing and controlling Emerging Infectious Diseases and reducing the threat of Antimicrobial Resistance (AMR) using the “One Health” approach.

Around the region: Indonesia, Thailand to increase cooperation
Indonesia and Thailand will discuss ways to increase cooperation in the trade and economic, security and political sectors during a joint meeting next week, a Foreign Ministry official said on Thursday.
— The Jakarta Post

Taboo prevents Indonesians from buying condoms
In big cities in Indonesia, condoms, which can be as cheap as US$1.19 a dozen, are as ubiquitous as convenience stores.
— The Jakarta Post

Thousands of Bali-bound travellers left stranded after the island’s Mount Agung spews volcanic ash – shutting down the airport indefinitely
Thousands of Australians heading to Bali before the busy school holiday period are being urged to check their airlines’ websites on Friday morning after multiple flights were either cancelled or diverted when Mount Agung began spewing water vapour and ash into the atmosphere.
— Daily Mail

Chevron Renewal of Indonesia’s Rokan Block Not Assured: Energy Minister
United States energy giant Chevron must compete if it wants to continue operating Indonesia’s Rokan block, the country’s biggest source of crude oil, after its contract expires in 2021, Energy and Mineral Resources Minister Ignasius Jonan said on Wednesday (27/06).
— Jakarta Globe

Tourism Ministry Launches Bali Hot Deals 2018
Tourism Ministry has launched a tourism package dubbed Bali Hot Deals 2018 to boost the tourism sector and increase the number of foreign tourists visiting Indonesia.


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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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