Indonesia morning news for January 11

Indonesia morning news for January 11

Indonesia morning news

Consumer Price Index: Indonesia’s 2018 Inflation Slightly Below Our Forecast
For the 4th year in a row Indonesian inflation was under control.
— Indonesia Investments

Indonesian P2P lending transactions hit $1.4 billion in 2018
2018 saw a peer-to-peer (P2P) lending sector upswing in Indonesia, the most populous country in Southeast Asia.
— KrAsia

Indonesia targets 7.5 percent rise in 2019 non-oil and gas exports: ministry
Indonesia is targeting an increase of 7.5 percent in non-oil and gas exports this year to $175.9 billion, Trade Minister Enggartiasto Lukita said on Thursday.
— Today Online

Indonesia challenged to pare current account deficit despite oil price ‘windfall’
FALLING oil prices could be “an unexpected windfall” for Indonesia, which is running a current account deficit – but the country still faces unique challenges in chipping away at that deficit.
— The Business Times

Government to offer retail bonds in 10 planned issuances
The government issued on Thursday this year’s first batch of retail savings bonds, one of 10 issuances scheduled for 2019, in a move to inspire more domestic investors and provide more investment alternatives to the public.
— The Jakarta Post

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Go-Jek’s Expansion Hits Roadblock as Philippines Rejects Ride-Hailing Application
Indonesia’s Go-Jek suffered a setback to its expansion plans on Wednesday after the transportation regulator in the Philippines rejected its application to launch a ride-hailing service, saying its domestic unit did not meet local ownership criteria.
— Jakarta Globe

Freeport Concentrate Export Drops as Production Drops
Freeport Indonesia’s copper concentrate export is expected to free fall following the drop in production this year.

Trade ministry revises steel import rules
The Ministry of Trade has revised steel import rules in Minister of Trade Regulation No. 22 of 2018, concerning Provisions on the Import of Iron or Steel, Alloy Steel, and Derivative Products to become Minister of Trade Regulation No. 110 of 2018.
— Antara News

New report says UU ITE used against Indonesian media and journalists 8 times in 2018, higher than previous years
The Information and Electronic Transactions Act (UU ITE) has often been criticized as a tool used by those in power to silence criticism against them.
— Coconuts Jakarta

Britain to open ASEAN representative office in Indonesia
Britain will open a representative office in Indonesia to enhance relations with members of the Association of Southeast Asian Nations (ASEAN), a senior British official said on Thursday.
— Xinhua

PLN needs 100m tons of coal to fuel power plants this year
State-owned electricity company PLN projects that the company’s coal-fired power plants will require some 100 million tons of coal this year, a 5.4 percent increase from last year.
— The Jakarta Post

Healthcare Insurance in Kediri Funded by Cigarette Tax Income
The Kediri City administration is set to register all of its residents into the Healthcare and Social Security (BPJS) which will be funded entirely by the cigarette tax profit sharing from local cigarette giant Gudang Garam.

Indonesia binges on e-commerce
Pity the Indonesian courier. Delivering a package on the archipelago can be a daunting task.
— The Economist

Companies under investigation in connection with toxic waste mounds
The Jakarta Environment Agency is questioning twelve cooking oil producers operating in the city over the discovery of several mounds suspected to be filled with hazardous and toxic ( B3 ) waste in Marunda, North Jakarta.
— The Jakarta Post

Lampung to hold Krakatau Festival on Jan 22
The Lampung provincial government will go ahead with holding the Krakatau Festival 2019 despite a Sunda Strait tsunami that hit South Lampung and Banten on December 22, 2018.
— Antara News

Jakarta’s LRT to begin operating in April
Phase one of Jakarta’s first light rail transit (LRT) from Kelapa Gading to the Velodrome is to begin commercial operations in April this year.
— The Jakarta Post

Bomb in KPK Leader’s Home is Fake, Officials Say
The Indonesian National Police confirmed that the suspicious item hanging on the front gate of a house belonging to Corruption Eradication Commission (KPK) chairman Agus Rahardjo on January 9 is, in fact, a fake explosive device.
— Indonesia Expat

Taking a Closer Look at the Social, Economic & Political Importance of Rice for Indonesia
Rice is eaten by nearly half the world’s population and forms the source of one quarter of global per capita energy. Interestingly enough, rice is the single largest food source for the poor.
— Indonesia Investments

Malang Signs Sister City Agreement with Hebron, Palestine
Malang City has embarked on a cooperation of sister city with Hebron City, Palestine. Malang Mayor Sutiaji and his counterpart Tayseer Abu Sneineh shared the same opinion that both towns have connections.

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Bogor Regent: Traffic Jam is Not A Priority
The Bogor Administration claimed that transportation issue, including traffic congestion, does not require special attention. Therefore, the sector was not listed as one of the main programs in the regional development draft.

Land Access to ‘Raja Ampat of Sumatra’ Mandeh Opened
The Public Works and Housing (PUPR) Ministry had completed the construction of 41.08-kilometer road access to the National Tourism Strategic Area (KSPN) Mandeh, Pesisir Selatan District, West Sumatra. Mandeh Island is renowned as Raja Ampat of Sumatra.

Rice stock adequate: President Jokowi
The stock of rice is adequate, and the market operation has been effective, according to President Joko Widodo (Jokowi).
— Antara News

Durian Season has Arrived, Here are 4 Buying Tips
Upon picking the perfect durian with deep rich skin color tone that contains luscious and juicy meat filling and an aromatic smell is not an easy task entering the durian season.

Tourism ministry prepares program for recovery of Sunda Strait tourism
The Tourism Ministry and stakeholders have prepared several plans of action to speed up the recovery of tourism in Banten and Lampung following a deadly tsunami in the Sunda Strait on December 22, 2018.
— Antara News

Indonesia to Put Muslim Issues Forward at UN Security Council
Indonesia says it will use its new position on the U.N. Security Council to focus attention on the Israel-Palestinian conflict.

Garuda maintenance firm to produce plane tires
Airplane maintenance company PT Garuda Maintenance Facility (GMF) Aero Asia is planning to diversifying its business line by manufacturing airplane tires, with the factory expected to be constructed in the first quarter of 2019
— The Jakarta Post

okowi Responds to Question on Food Self-Sufficiency
resident Joko “Jokowi” Widodo was reluctant to provide comments when asked about his previous pledge on food self-sufficiency, including rice.

Raja Ampat issues regulation on cruise ships
The Raja Ampat district administration has issued a regulation to control cruise ships entering Raja Ampat waters.
— Antara News

Furious Anak Krakatau scares coastal population
Rini Hartati and Yeni, inhabitants of South Lampung, used to enjoy the beauty of Mount Anak Krakatau, especially its red magma, which looked like firecrackers in the evening, from their homes located in the coastal area facing Sunda Strait, where the `child` of the legendary Mount Krakatoa stands.
— Antara News

A pivotal year for Indonesia
Investors in emerging markets often overlook Indonesia. It receives a fraction of the media coverage of much smaller Asian economies, such as Hong Kong or Singapore.
— Money Week

12 inmates moved after riot at Surakarta prison
Twelve prisoners were moved from a Class I prison in Surakarta, Central Java, on Thursday, following a riot involving visitors and inmates.
— The Jakarta Post

Singapore, Indonesia keen to explore further collaboration on vocational education
Singapore and Indonesia are keen to explore further collaboration in vocational education, their ministers said on Thursday (Jan 10).
— The Straits Times

Same Terror Network Believed to be Behind Attacks on KPK
The Corruption Eradication Commission (KPK) employee’s association (wadah pegawai or WP) suspects that the terrors aimed at the organization’s chairman and deputy chairman were linked to past terrors made against the KPK.

Four kilograms of crystal meth destroyed in Aceh: BNN
The Aceh National Narcotics Agency (BNN) here on Wednesday destroyed four kilograms of crystal methamphetamine that the agency`s officers seized as evidence of drug crimes in North Aceh District several months ago.
— Antara News

Experience live music on Garuda flights
Indonesian national flag carrier Garuda is taking music to the skies with a series of live acoustic concerts on domestic flights, the airline said.
— The Straits Times


Feature photo Basarnas

This week’s Indonesia morning news feature photo depicts the effects of Tsunami on Sunda Strait in Indonesia’s Banten and Lampung regions.


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.


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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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