Indonesia Morning News For April 12

Indonesia Morning News For April 12

Indonesia morning news

Indonesia’s 2017 GDP Growth to Reach 5.2 Percent: Finance Minister
Indonesia’s economic growth this year will probably exceed the government’s official target and reach 5.2 percent, Finance Minister Sri Mulyani Indrawati said on Tuesday (11/04).
— Jakarta Globe

Acset pays out Rp 27.3 billion in dividends
Publicly listed construction firm PT Acset Indonusa announced on Monday its plan to distribute Rp 39 per share in dividends, totaling Rp 27.3 billion, 40 percent of the firm’s 2016 net profit.
— The Jakarta Post

House to deliberate alternative forms of punishment in Criminal Code
The House of Representatives’ working committee for the amendment of the Criminal Code (KUHP) is looking into alternative forms of punishment in addition to imprisonment.
— The Jakarta Post

COMMENTARY: EU moves to wipe out palm oil from the European economy
The European Union has since 2013 been slapping anti-dumping countervailing duties on Indonesian exports of palm oil-based biodiesel, despite a lower EU court ruling last year that annulled the duties.
— The Jakarta Post

Tensions high in Jakarta before final round of governor election
The highlands of west Java provide a calmness that can’t be found in the Indonesian capital.
— ABC News

Papua releases export containers to China
The Papua provincial government, facilitated by the Indonesian ship management PT. Pelindo IV, has released 100 containers of forest products to China.
— Antara News

Indonesia shuts Malaysian firm’s station
Indonesia has shut down what it believes is an illegal landing station built by a Malaysian company as part of a sub-marine cable project linking Peninsular Malaysia to Sarawak.
— The Straits Times

Indonesia delays blasphemy trial of Jakarta’s Christian governor
An Indonesian court on Tuesday adjourned the blasphemy trial of Jakarta’s Christian governor until after the city’s April 19 election, a contest pitting him against a Muslim rival that has divided the city and fanned religious tension.
— Channel NewsAsia

Speaker travel ban may hamper House’s legislative agenda
Following the imposition of a travel ban on House of Representatives Speaker Setya Novanto, the House is concerned that the prohibition will hamper its agenda given the pivotal role the Golkar Party chairman plays in the legislative body.
— The Jakarta Post

Pulp and Paper Industry Indonesia: Challenges and Opportunities
The pulp and paper industry of Indonesia is on the receiving end of plenty of criticism for its negative impact on the environment. However, the industry also plays a major role in the Indonesian economy, accounting for 6.7 percent of the country’s processing industry’s gross domestic product (GDP) and providing employment to 260,000 direct workers and 1.1 million indirect workers. Last year, in 2016, Indonesia’s pulp and paper industry ranked seventh in terms of biggest foreign exchange earners (excluding the oil and gas sector) when it reaped USD $3.79 billion.
— Indonesia Investments

Uncovering tax evaders after deadline of amnesty program
The Indonesian government, which is in dire need of funds to finance its development programs, is harboring high hopes of collecting adequate taxes and is optimistic that taxpayers would meet their tax obligation.
— Antara News

Govt Expects Development of Kuala Tanjung Port II to Start in May
The government has called on the Port of Rotterdam Authority to confirm when it is going to develop of the second phase of Kuala Tanjung Port in North Sumatra. The Transportation Minister Budi Karya Sumadi has given the Dutch government until May to start construction of Kuala Tanjung II. “If no development is carried out and no certainty is given, we will give it to other investors,” Budi said in his office yesterday.
— Tempo

US‘ Interest in Developing Indonesia‘s Tourism Sector
The US has specifically offered technical assistance to manage environment-friendly tourism destinations in Indonesia, the US Ambassador to Indonesia Joseph R. Donovan stated after a meeting with Tourism Minister Arief Yahya here, Monday.
— Netralnews

Latest poll shows voters favoring Anies (49.8%) to Ahok (43.5%) despite high satisfaction in incumbent’s work, due to ’emotional reasons’
With a little over a week to go until the runoff election between the incumbents, Jakarta Governor Basuki “Ahok” Tjahaja Purnama and Vice Governor Djarot Saiful Hidayat, and their rivals, Anies Baswedan and his running mate Sandiaga Uno, the latest survey, from the National Institute for Media Survey (Median), shows a slight tightening from previous polls but Anies-Sandiaga remain in the lead, with 49.8% percent of potential voters saying they would pick the challengers versus 43.5% for the incumbents.
— Coconuts Jakarta

Indonesia and Malaysia look to ‘kill’ Parliament’s palm oil ban
Indonesia and Malaysia said today (11 April) that they would send a joint mission to the EU aiming to prevent the implementation of a European Parliament call to phase out the use of biofuels based on vegetable oils by 2020.
— EurActiv

Illegal Gold Mining Sees Steady Rise In Indonesia
Indonesia is a natural resource powerhouse that attracts local and foreign investors alike. Despite a slump in commodity prices, exports of minerals and energy remain the country’s most valuable.
— Indonesia Expat

Why Indonesia Needs to Include Pakistan as Its Coal Export Destination
The Indonesian Consulate General (KJRI) in Karachi has managed to realize coal trade agreement on 50 thousand tons, worth US$5 million, between the Indonesian company PT Wira Yudha and Pakistan company Techno World Instrument Service.
— Netralnews

Tax authority eligible for semi-autonomous status: Observers
After the “success” of the tax amnesty, the Directorate General of Taxation should be eligible for a golden ticket to become a semi-autonomous body, despite worries with regard to its track record on integrity and transparency.
— The Jakarta Post

Airport Expansions Needed to Cater to More Tourists
Significant airport expansions are needed to cater to the 15 million foreign tourists expected to visit the country this year, a state minister said recently.
— Jakarta Globe

Indonesia, Angola Sign Three Agreements to Accelerate Cooperation
Indonesian Foreign Minister Retno Marsudi and her Angolan counterpart, Georges Rebelo Pinto Chikoti, signed agreements on visa-free access for diplomats, political consultation and cooperation on economic, scientific, technical and cultural affairs in Jakarta on Tuesday (11/04).
— Jakarta Globe

Indonesia’s First International Modern Art Museum to Open in November
The Museum of Modern and Contemporary Art in Nusantara, or Macan, in West Jakarta, the first museum in Indonesia dedicated to international modern and contemporary art, will finally open to the public in November.
— Jakarta Globe


Feature photo Center for International Forestry Research (CIFOR)
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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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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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