Indonesia Morning News For December 20

Indonesia Morning News For December 20

Indonesia morning newsIndonesia set to suspend 2,500 mining licenses
Indonesia is to suspend activities at more than 2,500 mines by the end of the year, a move environmentalists say does not go far enough.
— UCA News

Indonesia labels calls for U.S. boycott over Jerusalem move “misguided”
Indonesia’s vice president said on Tuesday that calls for a boycott of U.S. goods over President Donald Trump’s decision to recognise Jerusalem as the capital of Israel were misguided – not least because of the country’s reliance on U.S. technology.
— Reuters/Business Insider

PPATK Sees Signs of Money Laundering through Digital Currencies
The Center for Financial Transaction Reporting and Analysis (PPATK) discovered indications of money laundering through digital currency.
— Tempo

Indonesian Ministry ensures sufficient MD2 pineapple suckers
In Sarawak, efforts are being made to produce sufficient MD2 pineapple suckers to be planted.
— Fresh Plaza

Mitr Phol, Olam partner for Indonesian sugar investment
Mitr Phol Group, the world’s fourth-largest and Asia’s biggest sugar producer, and Olam International, a leading agri-business operating across the value chain in 70 countries, on Tuesday announced a strategic partnership to invest in Olam’s sugar business in Indonesia.
— The Nation

BNI Launches New Credit Card Product with JCB
PT Bank Negara Indonesia Persero Tbk (“BNI”) and PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. (“JCB”) today launch a new product of credit card for the mass segment, called BNI JCB Gold Card.
— AsiaOne

2018 Set to Be Tough Year for Indonesian Companies to Raise Salaries: Report
Many companies in Indonesia are either downsizing or freezing salary increases due to the impacts of a slowdown in the overall market, executive search and recruiting firm Korn Ferry said in a statement on Tuesday (19/12), citing its latest report.
— JakartaGlobe

Siam Cement Group to diversify products in 2018
Thai cement manufacturer Siam Cement Group (SCG) has planned to focus on diversifying its products next year, said SCG country director for Indonesia Nantapong Chantrakul during an event in Jakarta on Tuesday.
— The Jakarta Post

Early December, Kertajati Airport Development Reaches 76 Percent
Until December 10, 2017, the progress of Kertajati Airport development in Majalengka regency, West Java has reached 76.6 percent.
— Netral News

Bali offers up to 50 percent discounts to tourists: Minister
Tourism Minister Arief Yahya has announced that in an effort to boost tourist arrivals during the year-end holiday season, discounts of up to 50 percent would be offered to tourists visiting Bali.
— The Jakarta Post

Saudi Aramco, Khazanah eye stake in Indonesian road builder
PT Waskita Karya, an Indonesian state-owned construction company, is in talks with a group of investors including Islamic Development Bank and Saudi Arabian Oil Co. to sell a stake in a unit that builds and operates toll roads.
— The Star Online

Jokowi Determined to Complete Trans Java Toll Road by 2019
President Joko Widodo (Jokowi) is determined to complete trans-Java toll road by the end of 2019. He is confident that the 1167 km toll road stretching from Merak to Banyuwangi will be completed on schedule.
— Tempo

Urbanization can have positive impact on growth: Minister
Finance Minister Sri Mulyani Indrawati expressed belief that urbanization can have a positive impact on economic growth and help realize sustainable urban development, if managed optimally.
— Antara

Unilever Indonesia Promotes Environmentally Conscious Business Practices
In order to build awareness on sustainability and engage the business world to work towards it, consumer goods company Unilever Indonesia organized a Sustainability Day event on Monday (18/12).
— JakartaGlobe

Indonesia promotes tourism in Ecuador
The Indonesian Embassy in Quito, Ecuador, continues to intensively promote Indonesia in the Latin American country, whose people are still less familiar with Indonesia.
— Antara

NEC to Provide Disaster Prevention System in Indonesia
NEC Corporation (TSE: 6701) today announced the supply of a wide-area disaster prevention system to the Meteorological, Climatological and Geophysical Agency of the Republic of Indonesia (Indonesia).
— AsiaOne

Indonesia Tea Trade Mission to Europe Shows Encouraging Results
It turns out that Europeans are fond of various Indonesian teas.
— Netral News


Feature photo Asian Development Bank

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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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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