Indonesia’s economy forecast to record 5.05 percent growth in 2019
Vice Finance Minister Suahasil Nazara has projected Indonesia’s economy to register a slower paced growth in 2019 as compared to the previous year owing to the impact of the global economic downturn.
— Antara News
Garuda Indonesia president director fired after smuggled bikes found on plane
State-owned Enterprises (SOEs) Minister Erick Thohir has said he will fire the president director of flag-carrier Garuda Indonesia, Ari Askhara, following the discovery of a disassembled Harley Davidson motorcycle and Brompton folding bicycles smuggled on board a new Airbus A330-900 plane being delivered to the airline.
— The Jakarta Post
Online storefronts now required to have business permit, prioritize local products
President Joko “Jokowi” Widodo has issued a regulation that requires online storefronts to apply for an official business permit from the government, among other things, in an effort to bolster the country’s e-commerce ecosystem.
— The Jakarta Post
Indonesia Preps $40 Billion for a Metro to Rival Singapore’s
Indonesia is preparing to spend about $40 billion to extend Jakarta’s metro network, a bigger-than-expected outlay that’s poised to boost the country’s construction companies and reignite a rivalry between China and Japan over building the project.
— Bloomberg
Indonesia More Vulnerable Today Than During Last Global Downturn: Report
Indonesian top business executives must take significant actions to deal with an anticipated global downturn if they want to emerge as winners, since the country is more vulnerable now than during the last crisis a decade ago, a report released on Thursday said.
— Jakarta Globe
Indonesia’s Joko Widodo named as the Straits Times Asian of the Year
The President of Indonesia Joko Widodo has been named as the Straits Times Asian of the Year 2019, the Singapore-based newspaper announced in a written statement received here on Thursday.
— Antara News
Indonesia calls CNN report on palm oil-driven deforestation ‘absurd’
The Indonesian government has criticized a CNN International special report that said the world’s demand for palm oil ignited a climate bomb not only in the country but also in the world.
— The Jakarta Post
Hopes of US-China detente pushes Indonesian crude prices higher
Indonesian crude oil prices reached US$63.26 per barrel in November, the highest figure since May, mainly driven by market optimism for a cool down in the United States-China trade frictions.
— The Jakarta Post
Indonesia-Japan support wider local currency use for trade transaction
Indonesia and Japan support broader use of local currencies for bilateral trade and direct investment transactions following the inking of a memorandum of understanding (MoU) on the local currency settlement (LCS) framework in Tokyo, Thursday.
— Antara News
Tax incentive scheme to be expanded to cover more sectors
The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
— The Jakarta Post
President Jokowi receives US-ASEAN Business Council delegation
President Joko Widodo (Jokowi) received a delegation of the United States-Association of Southeast Asian Nations (US-ASEAN) Business Council, led by its chairman Alexander C. Feidman, at the Merdeka Palace in Jakarta on Thursday.
— Antara News
Jokowi upbeat about US businesses tapping opportunities in Indonesia
President Joko Widodo (Jokowi) has invited business persons from the United States to capitalize on opportunities in Southeast Asian nations, especially Indonesia.
— Antara News
Liberalization at what cost? Observers raise concerns over sustainability of investments
Environmentalists and development planners are raising their voice over the government’s plan to scrap the requirement for building permits (IMB) and environmental impact analyses (Amdal) as part of President Joko “Jokowi” Widodo’s deregulations efforts to up the economy and attract investments.
— The Jakarta Post
Police officers accused of sexually harassing prisoner in Papua
Papua Police chief Insp. Gen. Paulus Waterpauw has confirmed that two police officers are under investigation for alleged sexual harassment of a woman prisoner at the Papua Police headquarters in Jayapura.
— The Jakarta Post
Another Break in the Wall
A crack was identified on the Muara Baru National Capital Integrated Coastal Development (NCICD) sea embankment in North Jakarta on Wednesday.
— Jakarta Globe
Spotlight on teachers as Indonesian student competence worsens
Indonesia’s declining scores in a recent global education quality survey has raised doubts about whether the country would be able to take full advantage of its highly flaunted demographic bonus, which was supposed to provide an abundance of young and productive people in the next decade.
— The Jakarta Post
Indonesia plans to establish international fish markets
The government is considering establishing international fish markets in a number of locations in the country to unlock the economic potential of Indonesia’s fisheries sector.
— The Jakarta Post
Economy key as Indonesia raises sails in South Pacific
The South Pacific Ocean has become a focal point of Indonesia’s economic and development diplomacy, with the nation’s top diplomat meeting with counterparts from the region that is fast becoming a battleground for influence among the world’s superpowers.
— The Jakarta Post
BNN chief, security minister discuss death row convicts
National Narcotics Agency (BNN) Chief Commissioner General Heru Winarko discussed issues related to Indonesia’s war on drug, including a need to execute death row convicts, with top security minister, Mahfud MD, in Jakarta on Thursday.
— Antara News
Indonesia wins paper dispute at WTO
The Dispute Panel at the World Trade Organization (WTO) decided in favor of Indonesia that had filed a lawsuit against Australia for adopting the Anti-Dumping Entry Policy (BMAD) on Indonesian A4 copy paper products (DS529).
— Antara News
Indonesia’s profuse green energy may reduce current account deficit
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan is optimistic about Indonesia’s copious green energy aiding the country to improve its current account deficit.
— Antara News
Consumers’ concerns haunt Indonesia’s electric vehicle agenda
The government’s ambitious target in developing the country’s electric vehicle (EV) manufacturing program is facing problems related to demand such as prices, battery charging, maintenance, performance and variety of models.
— The Jakarta Post
Samsung Indonesia VP owed Rp 8.2 billion by struggling state insurance firm Jiwasraya
The liquidity problems hounding state-owned insurance Asuransi Jiwasraya has not only affected Indonesian citizens but foreigners as well, including the South Korean vice president of PT Samsung Electronics Indonesia, Lee Kang Hyun.
— The Jakarta Post
Storms ahead: Indonesia braces for more extreme rainy season
As the rainy season starts in several regions around the country, the government is bracing for possible hydrological disasters. The rainy season is predicted to become more disastrous as climate change makes the weather more unpredictable.
— The Jakarta Post
After 3 years, KPK concludes probe into Rolls-Royce bribery case implicating ex-Garuda boss
The Corruption Eradication Commission (KPK) completed on Wednesday its investigation into former national flag carrier Garuda Indonesia president director Emirsyah Satar, a suspect of money laundering and bribery pertaining to the procurement of aircraft parts.
— The Jakarta Post
Councilors not much ado about nixed overseas trip quota, says won’t loosen city’s belt
Amid the City Legislative Council’s efforts to keep next year’s budget trim as part of its efficiency drive, Governor Anies Baswedan has issued a regulation that amends the fixed quota for official overseas trips with a needs-based criteria.
— The Jakarta Post
The act of telling: Commission asks Nadiem to teach students about human rights abuses
The National Commission on Human Rights (Komnas HAM) has asked the Education and Culture Ministry to teach the history of the country’s human rights abuses in school.
— The Jakarta Post
Challenges remain as Indonesia gains ground in green development
Green development in Indonesia presently covers 25 million square meters, or about 5.7 times the area of Vatican City, thanks to significant progress made by Jakarta and Bandung in pioneering green building codes, says a recently released report, but challenges await further progress.
— The Jakarta Post
On the right track: MRT line to expand to Rawa Buntu
The central government has put forward a plan to expand the MRT Jakarta line to reach Rawa Buntu in Serpong, South Tangerang, Banten, some 27 kilometers from Lebak Bulus, South Jakarta, where the MRT’s first station and depot are located.
— The Jakarta Post
Save it for a rainy day: Thousands of infiltration wells built in Greater Jakarta to hold floodwater
Extensive development in Greater Jakarta has caused swaths of land to subside and has undermined the ground’s ability to hold water.
— The Jakarta Post
Market Segment Expansion Key for Fintech’s Survival
Market segment expansion is key for financial technology, or fintech, companies to survive in Indonesia, a practitioner in the sector said on Wednesday.
— Jakarta Globe
Demographic bonus emerges as solution to break middle-income trap
Deputy Finance Minister Suahasil Nazara believes that Indonesia’s demographic bonus holds huge potential to become a solution to escape the middle income trap.
— Antara News
Senior economist Mari Elka tells new ministers to focus on quick wins
Senior economist Mari Elka Pangestu has said that new ministers in President Joko “Jokowi” Widodo’s Cabinet should aim for “quick wins”, especially during their first 100 days in office to show the public their willingness to reform the economy.
— The Jakarta Post
Most infrastructure financing options still unfit for insurance companies
Many insurance companies have shown interest in taking part in financing the country’s infrastructure projects, but challenges remain as the country’s capital market lacks the appropriate instruments that fit their investment requirements.
— The Jakarta Post
Minister Marsudi opens 12th BDF, puts spotlight on inclusive democracy
Indonesian Minister for Foreign Affairs Retno L. P. Marsudi opened the 12th Bali Democracy Forum (BDF) and through her opening statement highlighted the significance of supporting and strengthening inclusive democracy.
— Antara News
Mohammad Nuh appointed South East Asian Press Council Network chief
Chief of the Indonesian Press Council Mohammad Nuh was appointed chairman of the South East Asian Press Council Network (SEAPC-Net) at the new institution’s first general assembly held in Nusa Dua, Bali, on Wednesday.
— Antara News
Hartono brothers top ‘Forbes Indonesia’ list of 50 wealthiest Indonesians
Forbes Indonesia released its list of the 50 richest Indonesians on Thursday, showing that a large portion of the country’s wealth is still controlled by the old guards of various industries and legacy conglomerates.
— The Jakarta Post
Several houses in Aceh ravaged as wild elephants run amok
A herd of wild elephants pounded through a transmigration complex in Blang Lango Village, East Seunagan Sub-district, Nagan Raya District, Aceh Province, in the past few days, plundering tens of houses in its path.
— Antara News
All that glitters: Shopping festivals fleeting e-commerce boom, finds survey
Indonesia’s e-commerce companies are having to work harder to maintain sales figures, although frequent shopping festivals have racked up purchases, says a recently published survey.
— The Jakarta Post
Police kill suspected drug mule, seize over 3 kg of meth
The police have killed a suspected drug mule after he allegedly resisted arrest.
— The Jakarta Post
Hyundai general manager receives KPK summons as bribery case suspect
The Corruption Eradication Commission (KPK) summoned Hyundai Engineering and Construction general manager and PT Kings Property Indonesia director as suspects in a bribery case over licensing and property in Cirebon District, West Java Province, Thursday.
— Antara News
‘In the Name of Belief’: Indonesia embraces indigenous religious education
“In the name of the Father, the Son and the Holy Spirit. Amen.” This was the phrase that Retno Lestani uttered as she made the sign of the cross decades ago, when she had taken Catholicism as a school subject.
— The Jakarta Post
Walls close in on Garuda Indonesia as flag carrier deals with blunders
Following years of a sterling reputation and unparalleled prestige in the country’s airline industry, national flag carrier Garuda Indonesia has now been made to face the cracks in its usually polished armor as the government and the public alike begin to scrutinize the airline after a string of managerial misfires over the past year.
— The Jakarta Post
Rape child victim in South Jakarta gets assistance, more needs to be done
Neighborhood Unit 05 of the Manggarai subdistrict is just like most kampung in Jakarta with houses built face-to-face and wall-to-wall in narrow alleys.
— The Jakarta Post
Nearly 200 street vendors relocated for construction of Bogor town square
The city administration of Bogor in West Java has relocated about 200 street vendors from Jl. Dewi Sartika to develop the town square and revitalize Bogor’s Grand Mosque.
— The Jakarta Post
Police in Depok arrest alleged breast groper who said he did it to ‘satisfy his urge’
Police yesterday arrested a 35-year-old man named Riyan Apriyanto who allegedly groped a woman’s breasts while she was walking alone in the city of Depok in September.
— Coconuts (paywall)
Central Java Governor Ganjar Pranowo tells city of Solo to ban dog meat trade
Central Java Governor Ganjar Pranowo has ordered officials in the city of Solo (also known as Surakarta), one of several cities in Indonesia renowned for its dog meat trade, to put an end to the cruel practice.
— Coconuts (paywall)
Feature photo Involvement Volunteer International
This week’s Indonesia morning news feature photo focuses on International Volunteer Day, December 5.
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).
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Indonesia morning news for December 6 added by Justhine De Guzman Uy on
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Justhine De Guzman Uy
After graduation she worked at the Philippine Broadcasting Service performing transcription and business news writing, before moving to Eagle Broadcasting Corporation where she worked as a news editor, translator and production assistant.
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