Indonesia CB Expects 5.1% Growth in Q2
Bank Indonesia has expressed its confidence that the country’s economy grew by 5.1% year-on-year in the second quarter of this year as retail sales began to recover.
— Financial Tribune
Indonesia renames part of South China Sea
Indonesia will now refer to the northern areas of its exclusive economic zone in the South China Sea as the “North Natuna Sea” in an act of defiance against Beijing’s territorial ambitions in the region, the media reported.
— The Hindu
Government to revise gas price policy for power generation
The Energy and Mineral Resources Ministry plans to revise a ministerial regulation on the use of natural gas by power plants in a bid to provide more affordable gas in the power generation sector.
— The Jakarta Post
Malaysia and Indonesia may take EU plan to curb palm oil imports to WTO
Malaysia and Indonesia plan to raise the prospect of European Union (EU) curbs on the imports of palm oil with the World Trade Organisation (WTO), both countries said in a joint statement yesterday.
— The Star Online
Indonesia’s Trade Surplus Seen Widening in June
Indonesia likely had a larger trade surplus in June compared to a month before, with both exports and imports seen growing at a much slower rate, a Reuters poll showed.
— Jakarta Globe
Telegram blocks terror content after Indonesia threatens ban
The encrypted messaging app Telegram is forming a team of moderators who are familiar with Indonesian culture and language so it can remove “terrorist-related content” faster, its co-founder said yesterday, after Indonesia limited access to the app and threatened a total ban.
— The Philippine Star
Negotiation between Workers and Freeport to be Facilitated by Indonesian Gov’t
The manpower office of the Mimika District, Papua, said it would soon facilitate negotiation between Mimika Labor union and the management of PT Freeport Indonesia.
— Netral News
Indonesian province may move canings away from public eye
Two months after Indonesia’s most conservative province drew international headlines for publicly caning two young gay men for having sex with each other, the governor is considering making such whippings private to avoid negative news media attention and prevent any adverse impact on outside investment.
— Irish Times
Malaysia reaching out to Thailand and Indonesia to stop rabies from crossing borders
Malaysia and Thailand will hold talks next month to discuss ways to strengthen disease control between both countries.
— The Straits Times
Illegal Transshipment: Is It a Problem for Indonesia?
Not long after Susi Pudjiastuti was chosen to lead the Ministry of Maritime Affairs and Fisheries, she banned the practice of transshipment in Indonesian waters. This policy generated controversy immediately, with fishermen and fishery business owners protesting against it. This disagreement is still aflame even until today; with members of the House of Representatives criticizing Minister Susi for her decision.
— Global Indonesian Voices
Medco to acquire 44.3% stake in Australia’s MacMahon
Publicly listed oil and gas company PT Medco Energi Internasional, through its subsidiary PT Amman Mineral Nusa Tenggara (AMNT), is set to acquire 44.3 percent of the shares of Australia-based mining contractor MacMahon Holdings.
— The Jakarta Post
Masdar interested in Indonesia’s renewable energy market
Masdar has announced that it will work with an Indonesian power company to explore renewable energy opportunities in the largest country in South-east Asia.
— The National
Indonesia asserts sovereignty at sea even as it woos China
Relations between Jakarta and Beijing, which are not always smooth sailing, took a new twist last Friday when Indonesia unrolled a map depicting an expansion to its maritime territory with the naming of the waters off its northern perimeter North Natuna Sea.
— The Straits Times
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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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