Indonesia Morning News For April 4

Indonesia Morning News For April 4

Indonesia morning news

Corruption Scandal Rocks Indonesia-Philippines Warships Deal
What began as a potential source of pride for the country looks to have become yet another blot in its record.
— The Diplomat

Indonesia poised for data centre growth
As the third largest by data centre market among south-east Asia’s four principal economies, and having both strong international cable connectivity and an active Internet Exchange, Indonesia could be poised for further growth.
— The C Suite

Property Sector of Indonesia Subdued, Tax Amnesty to Impact?
After the ending of Indonesia’s tax amnesty program, property players in Southeast Asia’s largest economy remain optimistic that inflows of fresh funds – originating from the tax amnesty program – will give a boost to Indonesian property sector in the second half of 2017. This should then cause some momentum, meaning property developers dare to kick-start new projects. Considering weak demand for property in Indonesia over the past couple of years, many local property developers have been postponing projects.
— Indonesia Investments

Ericsson completes first 5G demo in Indonesia
Ericsson said it completed the first demonstration of “5G” technology in Indonesia, including a 5G test bed, 5G New Radio and use cases such as a motion-sensing robotic arm and live 4K video streaming. The demonstration is said to have achieved a peak downlink speed of 5.74 gigabits per second and latency as low as three milliseconds.
— RCR Wireless News

Grab confirms acquisition of Indonesian payment startup Kudo
Ride-hailing app Grab Monday confirmed that it had reached a deal to acquire Indonesian payment startup Kudo, a step that is seen as being critical to augment its mobile payments platform, as it battles local competitor Go-Jek, in Southeast Asia’s largest economy.
— Deal Street Asia

Ayala completes deal for Chevron’s geothermal assets in Indonesia
AC ENERGY Holdings, Inc. and its joint venture partners have completed the acquisition of Chevron Corp.’s geothermal assets and operations in Indonesia, its parent firm Ayala Corp. told the stock exchange on Monday.
— BusinessWorld Online

Indonesia carries out connectivity infrastructure projects to address tourism sector
Indonesia has carried out massive connectivity infrastructure projects in 10 new destinations designated to attract foreign visitors so as to meet with government targets in tourism sector which has been set as the nation’s new core industry.
— Xinhua

Dassault Aviation Upbeat on Indonesia’s Robust Growth, New Private Jet Rule
Dassault Aviation, the French aircraft manufacturer, is hopeful that Indonesia’s robust growth, massive infrastructure development and more accommodating rules will boost sales for the company this year, its executive said on Friday (31/03).
— Jakarta Globe

Solomons govt defends police initiative with Indonesia
The Solomon Islands government says its strong stance on issues relating to West Papua is separate from proposed policing co-operation with Indonesia.
— Radio New Zealand

Vinci to invest $500m in Indonesian motorsport complex
France’s Vinci Construction has closed a $500m deal to build a 120-hectare tourist complex and a motorbike racing circuit in the Indonesian island of Lombok, the eastern neighbour of Bali.
— GCR

M’sia regional favourite, gets the most from inflow of funds
Malaysia has emerged as the most favoured emerging market in South-East Asia year-to-date based on foreign liquidity flow in the local stock market, beating Thailand, Indonesia and the Philippines.
— The Star Online

Bank Indonesia’s Top Woman Takes New Approach To Inflation Fight
Rosmaya Hadi enlisted the help of 2,000 religious leaders to fight inflation when she ran Indonesia’s central bank in West Java region.
— Asia Cruise News

New passport holders seeking to travel to Indonesia need agency’s certificate
Nigerians with new passports seeking to travel to Indonesia will need to present a certificate of recommendation from the National Drug Law Enforcement Agency, among other documents to process their visas.
— Pulse Nigeria

Indonesia investigates detention of 300 citizens in Saudi
Indonesian authorities are investigating reports that 300 Indonesian workers have been detained in Riyadh suspected of being victims of a transnational human trafficking network, the Jakarta Post reported.
— Middle East Monitor

RI to push for G20 working committee on digital economy
Indonesia is pushing for the establishment of a global working committee to facilitate discussions on digital economy concepts and technical solutions at the G20 Digital Ministers Meeting in Düsseldorf, Germany, this week.
— The Jakarta Post

SE Asia stocks end higher, Indonesia shares hits record high
Southeast Asian stocks ended in positive territory on Monday, with Indonesia hitting a record high on better-than-expected earnings for the quarter ended March.
— Bangkok Post

Indonesia experiences 0.02 percent deflation in March
Indonesia experienced deflation of 0.02 percent in March because of a harvest season that helped push down prices of several major food commodities, bringing annual inflation to 3.63 percent, the Central Statistics Agency (BPS) reported on Monday.
— The Jakarta Post

China contributed largest number of tourists in February
China contributed the largest number of tourist arrivals in February, 21.31 percent of the total arrivals of 957,583, according to the Central Statistics Agency (BPS).
— The Jakarta Post

Indonesia’s Sulawesi March cocoa exports fell 28 pct -industry
Exports of cocoa beans from the Indonesian island of Sulawesi fell in March to 3,886.51 tonnes, down 28 percent from the same month a year earlier, industry data showed on Monday. Sulawesi shipped 5,379.73 tonnes of cocoa beans in March last year.
— Times of India

Indonesia mining min issues nickel ore, bauxite export recommendations for Antam
Indonesian Mining Ministry official said on Monday the ministry have issued export recommendation for state-controlled miner PT Aneka Tambang (Antam) to ship nickel ore and bauxite.
— Hellenic Shipping News Worldwide

Indonesian transport companies given time to adapt to revised ride-hailing rules
AFTER implementing Ministerial Regulation No. 36/2016 (refer to Chapter IV Article 40 to 42) and having taken into account the request for time to adapt by online transportation companies, the government will grant local authorities as well as conventional and online transportation companies time to adjust to the rules.
— Digital News Asia

Indonesia, Thailand show less inflation pressure
Consumer prices in Indonesia and Thailand grew at a slower pace than economists predicted last month, giving central banks in South-East Asia’s two biggest economies scope to keep interest rates low for longer.
— The Star Online

Indonesia tightens pre-flight security checks for electronic devices
The Indonesian airport authority has tightened security checks for electronic gadgets, including laptops, brought by passengers to step up safety during flights.
— Antara News

Bandung to host 300 cultural festivals
The Bandung Cultural and Tourism Office plans to host 200 to 300 festivals this year, with the aim of increasing both domestic and international tourist arrivals.
— Antara News

 

Nazaruddin sheds light on alleged fund flows in e-ID case
Former Democratic Party treasurer Muhammad Nazaruddin explained how money siphoned from a funds earmarked for the electronic identity card (e-ID) project was allegedly distributed to House of Representatives members.
— The Jakarta Post

EDITORIAL: Growing landslide menace
While condolences go out to those who lost their loved ones and humanitarian assistance reaches the hundreds of survivors of the weekend landslide in the East Java regency of Ponorogo, increasing our knowledge about such deadly natural disasters and how to mitigate them is actually the most urgent necessity.
— The Jakarta Post

Spill of cooking oil causes airplane to tip down
Cooking oil spilled in the center of the cabin of a Tri-M.G. Airlines cargo aircraft, causing the plane’s tail to tip downward and touch the apron during unloading at Wamena Airport in Papua on Monday.
— The Jakarta Post

 

 

Feature photo Egy Prasetyo
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).

 

 

Introducing The AEC News Today Mobile App

In an era of hectic schedules where time is precious, the AEC News Today mobile app enables you to stay up to date with the latest Asean news on governance and policy issues affecting the Asean Community while you are on the move and whenever you have a few minutes to spare.

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS here Download the AEC News Today mobile app for Android here

 

 

 

 

 

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.

 

 

 

The following two tabs change content below.
Stella-maris Ewudolu

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 2004 and February 2011 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.
Stella-maris Ewudolu

Latest posts by Stella-maris Ewudolu (see all)

Do you know more about this story? Leave a comment or email: feedback@aecnewstoday.com