Indonesian E-Commerce Potentially Bigger than Korea, India
Indonesia has the potential to be the third largest e-commerce market in the world above South Korea.
— Tempo (EN)
Bank Indonesia Lowers Interest Rates In Attempt To Boost Growth
A cut in interest rates by Indonesia’s central bank may not be enough to give sluggish consumer spending a jolt, as weakness in purchasing power and a reluctance by banks to lend undercuts efforts to boost Southeast Asia’s biggest economy.
Indonesia`s economy projected to grow 5.3-5.7 percent in 2019: BI
The Indonesian economy is projected to grow by a range of 5.3 to 5.7 percent in 2019 as a result of the current structural reform, a Bank Indonesia official said.
Google expands its public Wi-Fi program for emerging markets to Indonesia
The Indonesia launch is the first expansion of ‘Google Station’ — as the program is called — since it debuted in India some 18 months ago.
Indonesia calls for stronger health cooperation within ASEAN
The health ministry of Indonesia on Thursday urged ASEAN member nations to step up cooperation in the health sector in a bid to prevent the spread of diseases in the region.
Indonesia, Vietnam mend ties after talks to settle South China Sea disputes
The speedy completion of the limits of exclusive economic zones (EEZ) between the two countries to prevent future maritime stand-offs and stability in the South China Sea was a focal point of the high-profile discussions.
— Straits Times
Iran, Indonesia navies to boost coop
Rear Admiral Sayyari held meeting with Indonesia Navy Commander Ade Supandi on Thursday on the sidelines of the 3rd International Maritime Security Symposium, calling for expansion of ties in educational, technical and operational fields.
— Mehr News Agency
Qatar appreciates Indonesia`s neutral stance
Qatar expects Indonesian to be a mediator, which could be the third party for Middle Eastern issues, considering Indonesias position as not leaning towards a single party and always remaining careful about its foreign affairs.
Indonesia denies biodiesel dumping allegation in US
The government will ask the United States to review its latest anti-dumping measure against Indonesian biodiesel, according to Trade Minister Enggartiasto Lukita.
— The Jakarta Post
Salim Group buying Indonesia e-commerce platform as battle brews
Indonesian conglomerate Salim Group is buying the company behind local e-commerce platform elevenia, as it gears up to take on powerful international players like Alibaba Group Holding.
— Nikkei Asian Review
Jack Ma Accepts Offer to be Indonesia’s E-Commerce Adviser
Jack Ma, who met with President Joko ‘Jokowi’ Widodo in Jakarta in September last year, had officially accepted the e-commerce adviser position formally offered to the Alibaba Group boss recently.
— Global Indonesian Voices
Update: SK Planet exits Indonesia, sells Elevenia stake along with JV partner XL Axiata
The transaction effectively marks SK Planet’s exit from the country.
— Deal Street Asia
Indonesian startups face same drawbacks and advantages
The fast pace of development in Indonesia’s cities has spawned many a technology-based startup in the last few years, from ride-hailing apps to online shopping giants to touchscreen food delivery services.
— Nikkei Asian Review
BMW Group Indonesia Records Positive Sales Growth at 2017 GIIAS
The local arm of German automobile maker Bayerische Motoren Werke, recorded a 50 percent increase in sales at this year’s Gaikindo Indonesia International Auto Show, or GIIAS
— Jakarta Globe
Hipmi calls for focus spending on eastern Indonesia
The government proposes to allocate Rp 404 trillion (US$30.25) for spending on infrastructure next year, up from the Rp 387.7 trillion that it expects to spend this year.
— The Jakarta Post
Indonesia’s child smokers ‘threaten nation’s future’
Local beliefs, aggressive advertising behind surge in number of children who start smoking before they are 10 years old
— Anadolu Agency
Property Seekers Eye Houses worth IDR500 Mln in Bandung
Based on data from Lamudi property sale site, Bandung has became one of the most targeted city by property seekers after Jakarta.
— Netral News
Indonesians uncover syndicate spreading hate speech online: police
Three people were arrested this week on suspicion of being part of a syndicate being paid to spread incendiary material online through social media, police said.
A Matter of Indonesia Roads, Flying Squirrels, and Physics (video)
This minute-long clip shows exactly why road safety regulations needs to be enforced – because human ingenuity has its limits.
— AEC News Today
Feature photo ILO in Asia and the Pacific
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.