Indonesia Morning News For July 19

Indonesia Morning News For July 19

Indonesia morning newsIndonesia shrugs off China’s protest over North Natuna Sea’s name
Indonesian Maritime Affairs and Fisheries Minister Susi Pudjiastuti has given China the cold shoulder over its protest against Indonesia’s move to rename the South China Sea (SCS) waters that lie within Indonesia’s exclusive economic zone (EEZ) north of Natuna Islands the “North Natuna Sea.”
— The Jakarta Post

Hong Kong to Woo Indonesian Businesses to Take Part in ‘Belt and Road’ Initiative
Hong Kong will hold a one-day seminar in Jakarta next week to introduce its role in China’s “Belt and Road” initiative for Indonesian businesses, an executive said on Tuesday (18/07).
— Jakarta Globe

New Indonesia report highlights critical role of ending child poverty and violence to achieving sustainable development
The Government of Indonesia and UNICEF today launched a new report showcasing the progress towards achieving the Sustainable Development Goals that the country has made for children, acknowledging challenges and highlighting the crucial role of preventing violence against children in reducing poverty.
— UNICEF (media release)

Inflated quotas for captive-bred wildlife in Indonesia may aid traffickers: report
Inflated quotas for breeding animals in Indonesia’s commercial conservation facilities appear to be fueling the illegal wildlife trade, according to a new study by TRAFFIC, an NGO.
— Mongabay.com

Indonesia car sales fall 27.5 pct year-on-year in June
Car sales in Indonesia fell 27.5 percent in June from a year earlier, data released by the automotive industry association showed on Tuesday, as quoted by PT Astra International Tbk, an Indonesia-based firm primarily engaged in the automobile business.
— Reuters

Indonesia rethinking partnership with Japan on rail project
Indonesia may seek bids from foreign governments to build a new railway on the island of Java, despite its current engagement with Japan.
— Nikkei Asian Review

Govt to issue reference price for industrial estates
The government will issue a reference price for land in industrial estates in the second half of this year in a bid to curb land-price fixing, the Industry Ministry’s industrial estate director general Imam Haryono has said.
— The Jakarta Post

Oracle builds partnership with Indonesia’s Central Data Technology
ORACLE and Indonesian information technology infrastructure solution provider and subsidiary of CTI Group, PT Central Data Technology (CDT) are building a partnership to overcome challenges in cloud implementation for enterprises.
— Digital News Asia

Indonesia: Prudential Financial buys 49% in CT Corp’s life insurance business
Marking its foray into Southeast Asia’s largest economy, US-based Prudential Financial Inc has acquired a 49 per cent stake in CT Corp’s insurance business, Asuransi Jiwa Mega Indonesia (Mega Jiwa), in what is touted as the largest deal in this sector “in a long time.”
— Deal Street Asia

Exxon Pulls Out Of Indonesian Offshore Gas Field Project
ExxonMobil has decided that it “no longer wishes to continue further discussions or activity” regarding the East Natuna natural gas block offshore Indonesia, after having assessed the future development prospects and costs, a senior manager at Exxon’s Indonesian unit told Reuters in an email on Tuesday.
— OilPrice.com

Telegram Must Open Local Office, Flag Suspicious Accounts to Avoid Government Shutdown
The Indonesian government is demanding encrypted messaging service Telegram to open a representative office in Indonesia and give authorities back channel access to flag suspicious accounts — which could be used by suspected terrorists to communicate with each other — if it wants to continue operating in the country after the government partially shut down the service last week, a senior official said on Monday (17/07).
— Jakarta Globe

UNDP Innovation Facility driving multiple projects in Indonesia through broad partnerships
The UNDP (United Nations Development Programme) Innovation Facility released a review of its work in 2016 last week. Established in 2014, it is based in the Bureau of Policy and Programme Support, and supported by the Government of Denmark.
— Open Gov

Indonesia’s Updated Map Does Not Recognise China’s Nine-dash Line Claim
Relations between Jakarta and Beijing, which are not always smooth sailing, took a new twist last Friday when Indonesia unrolled a map depicting an expansion to its maritime territory with the naming of the waters off its northern perimeter North Natuna Sea.
— Netral News

Tokyo futures ease on Indonesia export outlook
Benchmark TOCOM rubber futures edged lower on Wednesday, weighed down by expectations of growing exports of the commodity from key producer Indonesia.
— Times of India

How to Counter Effectively EU’s Black Campaign over Indonesia’s Palm Oil
Indonesian palm oil companies said they support government move in opposing black campaign against Indonesian palm oil commodities in the European Union.
— Netral News

ADDING MULTIMEDIA CT Corp and Prudential Financial, Inc., Create Life Insurance Joint Venture in Indonesia
CT Corp and U.S.-headquartered Prudential Financial, Inc. (PFI) (NYSE: PRU), have created a joint venture to provide life insurance solutions to a broad spectrum of people in Indonesia through a multi-channel distribution strategy, the companies announced today.
— Global Indonesian Voices

Indonesia Posts June Trade Surplus
Indonesia posted US$1.63 billion trade surplus in June. The country’s total export last month amounted to US$11.64 billion and total import was US$10.01 billion.
— Tempo.co

House Speaker Denies Wrongdoing in e-KTP Project
House of Representatives Speaker Setya Novanto on Tuesday (18/07) denied allegations that he helped cause big losses to the state in connection with the issuance of electronic national identity cards, or e-KTP.
— Jakarta Globe

Jakarta Police intensify crackdown on drug abuse
The Jakarta Police have been busy in the past few days dealing with drug-related cases, which have implicated many individuals, ranging from celebrities to foreign nationals.
— The Jakarta Post

 

Feature photo Seika
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

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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