Indonesia Morning News For March 26

Indonesia: 500 Startups-backed GetCRAFT in talks to raise $5m Series A by year-end
Indonesian content network platform GetCRAFT is in talks with potential investors to raise more than $5 million in a Series A funding round, which it expects to close in the last quarter of this year.
— Deal Street Asia

Indonesia pins hope on ASEAN-EU FTA to support SMEs, palm oil
Speaking at the 16th ASEAN Economic Ministers (AEM)-EU Trade Commissioner Consultations in
Singapore on Friday, Trade Minister Enggartiasto Lukita outlined the desired impact a free trade
agreement (FTA) between ASEAN and the European Union would have on small and medium enterprises
(SMEs) and the palm oil industry.
— The Jakarta Post

In Indonesia, a Shadowy Campaign to Stoke Unrest as Elections Loom
A spate of mysterious attacks on Islamic clerics, schools and mosques in Indonesia in recent weeks has ramped up tensions as the world’s most populous Muslim-majority country heads into provincial elections and a presidential poll next year.
— Jakarta Globe

Consecutive Trade Balance Deficits, 2018 Indonesia Economy Potentially Grows Negative
Economist expert of Center of Reform on Economics (CORE) Mohammad Faisal reminded that Indonesia’s economic growth in 2018 is potentially negative due to trade balance deficit in the last three months from December 2017 to February 2018.
— Netral News

Pertamina Raises Price of Pertalite since March 24
As per Saturday, March 24, Pertamina has officially raised the price of one of its RON-90 fuel variant, Pertalite.
— Tempo.co

Ministry struggles to achieve target of building 1.9 million gas pipelines
The Energy and Mineral Resources Ministry has acknowledged that it can only build less than half of its targeted 1.9 million gas pipelines to cover the household gas network until 2019 due to red tape.
— The Jakarta Post

Indonesia Successful in Peatland Management: UN
Executive Director of the United Nations Environment Program (UNEP), Erik Solheim, praised Indonesia`s efforts in restoring its peat ecosystems, saying it should serve as an example for other countries.
— Tempo.co

Pelindo IV Invests IDR85 Bln to Procure Port Cargo Unloading Equipment
State-owned port management company Pelabuhan Indonesia IV, also known as Pelindo IV, has invested IDR85 billion to bring in five Rubber-Tired Gantry (RTG) for the ports in Jayapura and Ambon.
— Netral News

Transaction Value from the 2018 Telkom Craft Indonesia Exhibition Surpasses IDR20 Billion
The 2018 Telkom Craft Indonesia exhibition at Jakarta Convention Center (JCC) Hall A and B in Jakarta, has been officially closed on Sunday (03/25).
— Netral News

Jakarta aims to introduce electronic road pricing in 2019
The administration of Indonesia’s capital is targeting to implement electronic road pricing (ERP) within one year, said Jakarta Deputy Governor Sandiaga Uno.
— The Straits Times

Jakarta saves Rp 249 million during Earth Hour campaign
Jakarta managed to save Rp 249 million (US$18,069) during Earth Hour on Saturday night, with electricity consumption being reduced by 169.9 megawatts during the one-hour annual global demonstration in support of action against climate change.
— The Jakarta Post

Ride-hailing apps run Indonesian tuk-tuks off road
AUTO-rickshaw driver Zainuddin used to make decent money navigating Jakarta’s congested roads and narrow alleyways.
— The Business Times

SBY: Indonesia to be Strong Emerging Nation in 2030
The 6th President of Indonesia Susilo Bambang Yudhoyono (SBY) said Indonesia has optimism in the future as it has many sources of new strength for the country.
— Tempo.co

Feature photo Jean-Marie Hullot

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.

Indonesia Morning News For March 26 added by Stella-maris Ewudolu on March 26, 2018
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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.