Indonesia Morning News For August 2

Indonesia Morning News For August 2
Estimated Reading Time: 4 minutes |

Indonesia morning newsDeadline for Indonesia to be Free from Measles and Rubella
President Joko Widodo (Jokowi) has expressed his hope that Indonesia would be free of rubella and measles by 2020.
— Netral News

CIC-backed Indonesian miner Bumi completes $2.6b rights issue, saved from collapse
Bumi Resources, an Indonesian mining company backed by China Investment Corporation (CIC), has completed the much-awaited $2.6 billion (Rp 35 trillion) rights issue that will now save the company from a total collapse.
— Deal Street Asia

Bali Sees Significant Increase in European Tourists
Indonesia’s efforts to boost foreign tourist arrivals have had significant success in Bali on the back of improved connectivity.
— Jakarta Globe

Indonesia to deport 153 Chinese for US$450m scam
Indonesia will deport 153 Chinese nationals arrested for alleged involvement in a multimillion-dollar cyber fraud ring targeting wealthy businessmen and politicians in China, police said Tuesday (Aug 1).
— Channel NewsAsia

Traveloka Raises $500m to Develop AI, Machine Learning
Indonesian online travel company Traveloka has raised $500 million in two rounds of funding to develop artificial intelligence and machine learning to expand its services worldwide.
— Jakarta Globe

Some 1,834 suspects detained in illegal levy cases: Chief minister
A total of 1,834 suspects have been detained by the police till July 2017 in illegal levies cases, Coordinating Minister for Political, Legal and Security Affairs Wiranto said.
— Antara News

Indonesia backs away from Telegram ban
The Indonesian government decided not to ban encrypted messaging service Telegram, after threatening to do so unless the app maker blocked unlawful content, particularly radical and terrorist propaganda.
— Mobile World Live

Indonesian cement firm eyeing Davao investment
Two Indonesian companies, a cement manufacturer and a real estate developer, are looking at possible investments in the Davao Region, following the recent 4th Davao Investment Conference (ICon).
— BusinessWorld Online

Indonesian, American business councils to work toward improving Indonesia’s investment climate
The Indonesian Chamber of Commerce and Industry (Kadin) and the US-ASEAN Business Council signed on Tuesday a memorandum of understanding (MoU) for a collaboration that aims to improve Indonesia’s investment climate
— The Jakarta Post

Indonesian consumer stocks sink as earnings disappoint
Indonesia’s retail and consumer stocks fell on Tuesday, after a string of lackluster second-quarter earnings reports raised fresh concerns about an economic slowdown.
— Nikkei Asian Review

Indonesia Supplies Raw Material of Nigeria Staple Food
TEMPO.CO, Jakarta – Trade Minister said they are offering Crude Palm Oil exports to Nigeria to help the country prepare its staple food feedstocks, instant noodle.
— Tempo.co

Jakarta begins ridding sidewalks of vendors, motorists
The Jakarta administration introduced on Tuesday Bulan Patuh Trotoar (Orderly Sidewalk Month) to discipline vendors and motorists who encroach on sidewalks, to ensure comfort for pedestrians.
— The Jakarta Post

Jokowi passes strong order to get tougher on drug crime
President Joko Widodo (Jokowi) has passed strong order to get tougher on drug crimes pointing to growing varieties of narcotics entering the country.
— Antara News

Indonesia’s Indorama in talks to buy Tata Chemicals’ fertilizer unit
Indonesia-based Indorama Corp., led by the S.P. Lohia family, is in advanced talks to acquire the Haldia fertilizer unit of Tata Chemicals Ltd for upwards of Rs1,000 crore, two people aware of the development said.
— Deal Street Asia

South Africa Offers to Export Meat to Indonesia
Trade Minister Enggartiasto Lukita released the results of his visit to South Africa on July 22.
— Tempo.co

This is Why Indonesia Targeted by Major Trafficking Syndicates in the World
A convict in a maximum-security Indonesian prison masterminded an operation to import 1.2 million ecstasy tablets which led to two arrests and the death of another suspect, authorities said Tuesday.
— Netral News

Indonesia ‘not closing door’ to Australian agricultural exports despite self-sufficiency drive
A senior trade official insists Indonesia is not “closing the doors” to Australian agricultural products despite its drive towards food self-sufficiency as the two countries enter the eighth round of free trade negotiations in Canberra this week.
— The Sydney Morning Herald

 

Feature photo Isabel Sommerfeld
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

Stella-maris Ewudolu

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

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