Indonesia to Turn Over Yacht in 1MDB Probe to FBI
Indonesia will hand over a luxury yacht seized on the resort island of Bali to U.S. authorities, police said Wednesday, giving the Justice Department an elusive asset connected to a $4.5 billion fraud case centered on the Malaysian state fund 1MDB.
— The Wall Street Journal
Indonesia Draws Strategies to Eliminate Tuberculosis
Indonesia is currently working on new strategies to eliminate tuberculosis, a challenge it faces as the second country with the most affected people.
— Prensa Latina
Millions of Indonesian kids still plagued by malnutrition
At the age of four, Ayu Santika should be in pre-school like other children her age. But unlike them she is thin, weak and pale — telltale signs of malnutrition.
— UCA News
Australia and Victoria seed potatoes gain market access to Indonesia
Certified seed potatoes from South Australia and Victoria have been approved for market access to our nearest neighbour, Indonesia, at recent bilateral trade discussions held in Melbourne.
— Fresh Plaza
Indonesian Islamic University Bans Full-Face Veils or Burqas on Campus
An Indonesian State Islamic University has banned female students from wearing full-face veils quoting that the move has been taken fearing the spread of radical philosophy on campus.
— RS-Tech
Indonesia collects US$756m in state revenue from Freeport in 2017
The government collected US$756 million in revenue from gold and copper miner PT Freeport Indonesia (PTFI) last year, of which 19.9 percent came from non-tax revenue (PNBP) and 17.85 percent from dividend.
— The Jakarta Post
Oil palm agency collects Rp 2.1t in export tax toward biodiesel incentive
The Indonesian Oil Palm Estate Fund (BPDP-KS) has collected Rp 2.1 trillion (US$147 million) in taxes imposed on palm oil exports in the first two months of 2018, which will be used to incentivize biodiesel producers across the country.
— The Jakarta Post
Bali airport awarded as best in Asia Pacific
Bali`s I Gusti Ngurah Rai International Airport has once again achieved the award for best airport in 2017, under the category of passenger capacity of 15 to 25 million people per year, based on the service quality survey by a rating organization named Airport Council International.
— Antara News
Indonesia Ministry Of Agriculture Bans Imported Australian Rock Melons
The Indonesia Ministry of Agriculture has suspended the imports of rock melons or cantaloupes from Australia to Indonesia. The ban was issued through Minister of Agriculture Decision Number 207/Kpts/KR.040/3/2018.
— Netral News
Indonesia to buy more of Nigeria’s crude oil
The Nigerian National Petroleum Corporation, NNPC, Tuesay, stated that Indonesia has expressed its intention to increase its purchase of crude oil from Nigeria.
— Vanguard
Philippines: Manila Water to acquire 20% of Indonesia’s bulk water supplier Sarana
Philippine-listed water and wastewater services provider Manila Water Company Inc is acquiring a 20 per cent stake in Indonesian bulk water supplier PT Sarana Tirta Ungaran (STU) for an undisclosed amount.
— Deal Street Asia
‘Plastic, plastic, plastic’: British diver films sea of rubbish off Bali
A British diver has captured shocking images of himself swimming through a sea of plastic rubbish off the coast of the Indonesian tourist resort of Bali.
— The Guardian
RedDoorz Raises $11m to Fund Expansion in Indonesia, SE Asia
Singapore-based online hotel booking platform RedDoorz announced on Tuesday (06/03) that it has secured $11 million in funding from several global investment capital firms as part of efforts to strengthen and expand its business in Southeast Asia.
— Jakarta Globe
Indonesia Improves Ranking on Global Intellectual Property Index
Indonesia has increased its ranking on the United States Chamber of Commerce’s 2018 International Intellectual Property Index this year, which shows that the government’s efforts to protect copyrights are starting to bear fruit.
— Jakarta Globe
JCI Drops 79 Points on Session I, Majority Sectors Plummet
The Jakarta Composite Index (JCI) was down 79.7 points (-1.2 percent) to 6,420.4 in the first session of trading closed on Wednesday (3/7/2018). A total of 62 stocks rose in price, but those weakened amounted to 318 shares and 79 other shares were flat.
— Netral News
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 8 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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