Sri Mulyani: Indonesia is Built with Debts
However, according to Sri Mulyani, if the debt is well managed, it will be the solution to some problems in Indonesia.
— Netral News
Indonesia’s banking industry is attracting many investors — but there are major risks
High margins, a large market with low banking penetration and healthy economic growth are key reasons why Indonesia is considered one of the most attractive markets for financial institutions in Southeast Asia.
Indonesia faces more barriers in palm oil exports
The freshest challenge was received from the Indian government which recently increased its import duty for Indonesian crude palm oil (CPO) entering the nation by 100 percent from 7.5-15 percent.
— Hellenic Shipping News
FM Retno Marsudi Lauds ASEAN Economy, Politics Achievements
ASEAN achievement is extraordinary because it has proven itself to be capable of creating a peaceful and stable region and economic benefits
— Tempo (EN)
Indonesia expects relocation of Japanese fish firms from Thailand
As a result of Indonesia’s tough measures against illegal fishing, a number of Japanese fish-processing firms have expressed their commitment to relocating their factories from Thailand to Indonesia
— The Jakarta Post
Indonesia agrees to increase fruit import quota for Pakistan
Pakistan’s exports to Indonesia have dropped by almost $100 million ever since the implementation of preferential trade agreement (PTA), whereas, Indonesia’s exports have almost doubled during the post preferential treaty.
Bioalpha eyes expansion in China and Indonesia
With both nations having large populations spread across a number of provinces, Bioalpha’s challenge lies in widening its reach and distribution network in these markets.
— The Star
China’s JD.com invests in Indonesia’s Go-Jek amid SE Asia push: sources
Go-Jek, whose investors include global private equity firms KKR & Co LP (KKR.N) and Warburg Pincus LLC [WP.UL] as well as venture capitalist Sequoia Capital, has raised about $100 million from JD.com
Indonesia’s APP close to buying Eldorado Brasil, sources say
Indonesia’s Asia Pulp & Paper Co Ltd is in advanced talks to buy control of peer pulpmaker Eldorado Brasil Celulose SA, which went up for sale after controlling shareholders Wesley and Joesley Batista got ensnared in Brazil’s worst corruption probe
— Business Insider
Waze to adapt navigation to Jakarta’s odd-even license plate policy
Google has announced it is set to prepare a new feature on Waze specifically for Indonesia, which would identify lanes where the odd-even license plate policy is implemented for a thorough navigation
— The Jakarta Post
Palm oil kills orangutans in Indonesia peat swamp
It’s been called the orangutan capital of the world, but the great apes in Indonesia’s Tripa peat forest on the island of Sumatra are under threat by palm oil plantations that have gobbled up thousands of acres of land
— Business Mirror
Academics Debunk Hoaxes in the Local Tobacco Industry
Steep increases in cigarette excise taxes, instead of incremental ones, will do a better job in reducing poverty and improving health, the director at the University of Indonesia’s Center for Health Economics and Policy Studies
— Jakarta Globe
Singapore, Indonesia conclude bilateral mine-countermeasure exercise
The joint exercise involved shore-based planning, live gunnery-firings and simulation training, said Singapore’s Ministry of Defence (MINDEF) in news release.
— Channel NewsAsia
Indonesia urged to empower Papuan ‘human resources’
A Papua community leader says Indonesia infrastructure development plans for the region must be coupled with the empowerment of its human resources.
— Radio New Zealand
Improving nutrition of Indonesia`s future generation
According to the Health Affairs Ministry, some 37 percent, or approximately nine million children, under the age of five in Indonesia experience stunted growth and such cases are found across Indonesia.
Inside an Indonesian hospital ‘red zone’ strained medical staff fight to save lives
At the Cipto Mangunkusumo hospital in central Jakarta, the medical staff treat a stunning 3,000 outpatients a day.
Sex around the world: An Indonesian festival of sex with strangers
Indonesia is the world’s largest island country. In 2010, it was also recorded as having the world’s most populous Muslim majority, which seems somewhat misaligned with a festival based on adulterous sex.
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.