Indonesia Morning News For July 28

Indonesia Morning News For July 28

Indonesia morning newsIndonesia’s deficit widens in 2017 budget revision
Indonesia’s House of Representatives on Thursday endorsed a revision to this year’s government budget — which sees a lower revenue, increased spending and a widening deficit nearing the constitutional limit.
— Nikkei Asian Review

Expedia to Invest $350 Million in Indonesia Booking Site Traveloka
Expedia’s minority investment in Traveloka, a household name among travel players in Indonesia, makes sense. The company has struggled to gain share in Southeast Asia and a partnership can fill the gap.
— Skift

Government to install 271.5 thousand household gas connections
The government, through the Directorate General of Oil and Gas of the Ministry of Energy and Mineral Resources (ESDM), targets to install 271.5 thousand household gas distribution connections in 2017.
— Antara News

Sukhoi SU-35 and Drone Planned to be Purchased by Indonesia
The Indonesian government plans to buy 11 Sukhoi SU-35 Flanker fighter jets to strengthen the country’s air defense, Defense Minister Ryamizard Ryacudu said.
— Netral News

Jakarta Police collects Rp 2.3 billion from fines in a week
The Jakarta Police has said that its traffic unit collected Rp 2.3 billion (US$172,000) in fines from traffic violators in a single week.
— The Jakarta Post

Haze unlikely to hit Singapore next week despite Indonesia fires
The likelihood of transboundary haze affecting the Republic is “expected to be low” for the rest of this week and next week, said the National Environment Agency (NEA) on Thursday (July 27), as parts of Indonesia continued to be shrouded in smoke from forest fires.
— Today Online

Astra International`s profit up 31 pct in 1st semester
Publicly-listed company PT Astra International Tbk.s net profit was up 31 percent in the first semester this year to Rp9.4 trillion from Rp7.1 trillion recorded in the same period before.
— Antara News

Indonesia drug crisis world’s ‘worst’
Indonesia’s anti-drugs boss has improbably claimed the archipelago has the “biggest” illicit narcotics market in the world, claiming that 72 international drug syndicates were detected last year.
— Asean Economist

Orangutans in a rehabilitation compound under threat
The survival of 24 orangutans living in a rehabilitation compound in Samboja Lestari about 45 km north of Balikpapam, East Kalimantan, is being threatened by deforestation, The Jakarta Post Online reported on Wednesday (July 26).
— Thai PBS

Declining Exports to Singapore a ‘Blessing’ for Indonesia?
Over the past decade Indonesia has been able to ship more products, largely non-oil and gas items, directly from its ports to overseas destinations.
— Global Indonesian Voices

Gas Distribution Networks Targeted in Total 46 Regions in Indonesia This Year
The government, through the Directorate General of Oil and Gas of the Ministry of Energy and Mineral Resources (ESDM), targets to install 271.5 thousand household gas distribution connections in 2017.
— Netral News

Indonesia: Telkom to boost collaboration with startups in digital space
State-owned telecom firm Telkom Indonesia is planning to boost partnerships with tech startups in the digital space to strengthen its business, a senior executive with the company said.
— Deal Street Asia

The Room for Indonesia-Laos to Enhance Trade Investment and Tourism Cooperation
Indonesia is seeking to enhance bilateral cooperation with the Peoples Democratic Republic of Laos during the visit of Foreign Minister of Laos Saleumxay Kommasith to Jakarta here on Thursday.
— Netral News

House Passes Law Giving Tax Office Access to Financial Data
The House of Representatives on Thursday (27/07) passed into law a government regulation that gives tax authorities access to information on accounts held at financial institutions, including banks, Deputy Speaker Agus Hermanto said.
— Jakarta Globe

Indonesia’s Revenue Target is Corrected to IDR1,736 Trillion
Macroeconomic assumptions have been slightly altered. Economic growth is now projected at 5.2%, inflation rate at 4.3 %, the rupiah at 13,400 per dollar, and the Indonesian crude oil price at $48 per barrel.
— Netral News

Maybank Indonesia posts higher earnings for first half
Malayan Banking Bhd’s unit in Indonesia has posted a 16.3% rise in net profit after tax and minority interests (Patami) to 998.5 billion rupiah (RM320mil) in the first half ended June 30.
— The Star Online

Indonesia launches Occupational Field Map of ICT for bridging gap between industry and education
The Ministry of Communications and Informatics Indonesia (MOCI or Kominfo) and stakeholders in the ICT field have compiled an Occupational Field Map of ICT, covering 125 positions in 14 key areas.
— Open Gov

Ahok donates Rp 200 million for dancing fountain renovation
Former Jakarta governor Basuki “Ahok” Tjahaja Purnama, who is serving a prison sentence for blasphemy, has pledged to cover half of the cost of the renovation of the National Monument’s (Monas) dancing fountain.
— The Jakarta Post

 

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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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Stella-maris Ewudolu

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 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.

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