Domestic issues behind Indonesia’s stunted growth
Indonesia has achieved almost 20 years of continuous economic growth. It navigated the 2008 global financial crisis with little difficulty, and effectively weathered the emerging market volatilities of 2018.
— AEC News Today
Indonesia to pump in billions into airports expansion amid travel boom
Indonesia’s largest airport operator is looking to spend billions of dollars to build a new facility in Jakarta and upgrade the existing one to cater to an unprecedented travel boom and compete with neighbouring countries for tourism revenue.
— South China Morning Post
Following accusations of unpreparedness, disaster agency set to spend IDR7 trillion on early detection tools
Indonesia was hammered by some 2,374 natural disasters last year, the biggest and most deadly being the 7.5-magnitude earthquake and tsunami that hit Sulawesi in late September and killed more than 1,400 people and the 7.0-magnitude quake that rocked the island of Lombok in August, killing nearly 400 people.
— Coconuts Jakarta
Indonesia to welcome US$900m in automotive industry: Minister
Industry Minister Airlangga Hartarto says several investors are committed to investing US$900 million in the automotive industry.
— The Jakarta Post
Dengue fever claims lives of eight East Sumba residents
Eight residents of East Sumba District, East Nusa Tenggara (NTT) Province, have died of dengue fever so far.
— Antara News
President Jokowi receives credentials from 11 foreign ambassadors
President Joko Widodo (Jokowi) received the credentials presented by 11 foreign ambassadors to Indonesia during a ceremony held at the Merdeka Palace, here, on Wednesday.
— Antara News
Ministry Seeks to Export 400,000 Vehicles
Industry Minister Airlangga Hartarto is targeting vehicles export to reach 400,000 units this year.
— Tempo.co
Reinvigorate manufacturing or remain trapped in 5 percent growth
Even under the most optimistic projections, Indonesia’s economic growth in the next five years is unlikely to exceed 6 percent.
— The Jakarta Post
Energy ministry announces price cap for Jargas gas contractors
Oil and gas contractors (KKKS) should supply gas at a price cap of US$4.72 per million British thermal units (mmbtu) to accelerate the development of the household gas network (Jargas) national program, an official at the Energy and Mineral Resources Ministry has said.
— The Jakarta Post
Expect Rp16.2tn Investment in Automotive, Minister Says
Industry Minister Airlangga Hartarto said foreign companies will be investing in the automotive sector.
— Tempo.co
E-commerce responsible for worsening trade deficit
E-commerce is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s trade deficit.
— The Jakarta Post
Commentary: East Can Meet West on Palm Oil Controversy
“East is East and West is West, and never the twain shall meet.” This often-quoted first line from 1907 Nobel laureate Rudyard Kipling’s poem, “The Ballad of East and West,” could well apply to present-day supporters and opponents of palm oil production.
— Jakarta Globe
Digital trade to be biggest support for Indonesian economy by 2030
Indonesia’s digital trade is expected to be the biggest support for the country’s economy by 2030, by helping commodities and manufacturing goods as well as services gain greater online market access.
— The Jakarta Post
Government to subsidize rubber growers: governor
The Indonesian government plans to subsidize rubber growers in March 2019 to improve the quality and price of the key commodity, South Sumatra Governor Herman Deru stated.
— Antara News
Indonesia — taming foreign fund managers
“A current-account deficit is not a sin” says Indonesia’s Finance Minister Sri Mulyani Indrawati, “but we are punished just the same”. https://asia.nikkei.com/Opinion/Indonesia-taming-foreign-fund-managers
— Nikkei Asian Review (paywall)
No Proof Indonesians Bombed Philippine Church, Jakarta Security Official Says
An investigation team sent by Indonesia to Manila last week could not confirm Philippine claims that an Indonesian couple carried out twin bombings that killed 23 people at a Jolo island church, a senior counter-terror source in Jakarta told BenarNews.
— Benar News
Indonesia defends palm oil after EU targets 2030 phase-out in road fuel
Indonesia, the world’s biggest producer of palm oil, will not accept an EU plan to curb the use of crops that cause deforestation, and argued that its higher production yield made it better placed to meet global demand, a senior Indonesian official said.
— Reuters
Sluggish sales bog down Indonesian real estate
It appears to be an increasingly dismal year for Indonesia’s property sector as pre-sales could further decline during the first six months of 2019, according to UOB Kay Hian.
— Singapore Business Review
Indonesian cement market expands 5% in 2018
Indonesia’s cement consumption advanced by 4.8 per cent YoY to 69,565,129t in 2018 from 66,349,944t, according to the preliminary data of the Indonesian Cement Association (ASI).
— Cemnet
Mitsubishi Materials cuts sales estimate for Indonesia copper smelter
Japan’s Mitsubishi Materials Corp cut its sales estimate of copper cathode at its Indonesia copper smelting unit, PT Smelting, by 32,000 tonnes from its November forecast to 237,000 tonnes for the year ending March 31, a spokesman said on Wednesday.
— Reuters
Jokowi receives laid-off employees of Freeport Indonesia
Three laid-off employees of PT Freeport Indonesia (PTFI) were finally received by President Joko Widodo (Jokowi) on Wednesday, after nine days of staying in a tent that they set up not far from the State Palace in Central Jakarta.
— Antara News
Cibbiu: The Ghost of a Toddler Terrorizing Mothers
Ratna (49), a mother from Manado, North Sulawesi, recalls a mysterious ghost sighting story.
— Netral News
Indonesia’s former first lady Ani Yudhoyono diagnosed with blood cancer, husband SBY confirms
Indonesia’s sixth president and current chairman of the Democratic Party, Susilo Bambang Yudhoyono (SBY), has confirmed the tragic news that his wife, former first lady Ani Yudhoyono, has been diagnosed with blood cancer.
— Coconuts Jakarta
Indonesia assists Malaysia in identifying mutilated victims
The Indonesian Embassy in Kuala Lumpur continues to assist the Malaysian Diraja Police (PDRM) in identifying two victims of mutilation in Sungai Buloh, Selangor.
— Antara News
Indonesia’s Tionghoa tensions: Revival of identity politics against Indonesia’s ethnic Chinese
Intellasia East Asia News Both candidates in Indonesia’s upcoming presidential election, Joko “Jokowi’ Widodo end Prabowo Subianto, seel, the suppcrt of ethnic Chinese Indonesians.
— Intellasia
Indonesia opens satellite image data to public
North Nias Marine and Fisheries Agency head Sabar Jaya Telaumbanua in North Sumatra province could not hide his excitement when witnessing local fishermen in the regency return with a big catch –much bigger than usual.
— The Jakarta Post
Indonesian netizens hold their noses at Australian company’s Mi Goreng scented candles
The cult of Indomie has spread beyond the islands of Indonesia, bringing with it not just a fanatical devotion to the irresistible instant noodles but also a mad passion for mashing them up with every other kind of junk food imaginable.
— Coconuts Jakarta
23 Aceh fishermen detained in Myanmar for alleged poaching
The Myanmar authorities again detained 23 Aceh fishermen on February 6, 2019, for alleged poaching in Myanmar waters, according to Miftachhuddin Cut Adek, deputy secretary of Panglima Laot, a maritime customary NGO of Aceh.
— Antara News
Jakarta Imposes One-Way Traffic Policy in Setiabudi
The Jakarta provincial administration tried a one-way traffic system in Dukuh Bawah, precisely at the roundabout lane of Landmark Tower Setiabudi.
— Tempo.co
Indo-Pacific push: Asean view seen in coconut deal
In December, Indonesia decided to send samples of coconuts, eggs and curry instant noodles by sea from Aceh to India’s Andaman and Nicobar Islands.
— The Straits Times (paywall)
Indonesia Eyeing to Enhance Halal Tourism by 45 Percent
The Indonesian tourism ministry continues to provide technical guidance and workshops for 10 halal tourist destinations in hopes to boost Indonesia’s rank as the top destination for halal tourism.
— Tempo.co
Allianz Indonesia launches Latest Digital Sales Application
PT Asuransi Allianz Life Indonesia (Allianz Life) has introduced a digital application update for life and health insurance marketers that enable customers to interactively determine safeguards as needed.
— Netral News
Jokowi orders recalculation of avtur price
President Joko Widodo (Jokowi) has ordered recalculation of the price of aviation turbine fuel (avtur) to make it more efficient.
— Antara News
Feature photo BC campus
This week’s Indonesia morning news feature photo acknowledges World Radio Day, February 13.
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 February 14 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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