Indonesia Morning News For June 14

Indonesia Morning News For June 14

Indonesia morning news

Indonesia`s state revenues reach 33.4 percent of target as of May
Indonesias state revenues reached Rp584.9 trillion as of May 2017, accounting for 33.4 percent of the target of Rp1,748 trillion for this year, Finance Minister Sri Mulyani Indrawati said.
— Antara News

University of terror: The Jihadi school on Australia’s doorstep funded by Donald Trump’s friend Saudi Arabia
DONALD Trump’s best friend in the Middle East — Saudi Arabia — is promoting radical Islam via a university right on Australia’s doorstep.
— NEWS.com.au

Google reaches agreement with Indonesia in tax bill squabble
FOLLOWING a drawn-out dispute over Google Inc.’s insufficient tax payments, the Indonesian government and the technology giant have settled on a deal for the 2016 financial year, according to the Finance Minister Sri Mulyani Indrawati on Tuesday.
— Tech Wire Asia

Singapore’s Shopmatic raises $5.7m to expand to Indonesia, the Philippines
They’re among the 75,000 customers who’ve used Shopmatic to build their online stores with all the bells and whistles from handling payments and deliveries to customer analytics – for a subscription fee of US$20 a month.
— Tech in Asia

Thousands of illegal liquor bottles destroyed in Jakarta
The Jakarta Public Order Agency (Satpol PP) destroyed more than 12,400 bottles of illegal alcoholic beverages they seized in five municipalities across the city since January at the National Monument (Monas) in Central Jakarta on Tuesday morning.
— The Jakarta Post

ISIS has sleeper cells all across Indonesia
The Islamic State in Iraq and Syria (ISIS) has a presence in nearly all provinces across Indonesia, the military chief said in Jakarta.
— The New Paper

Indonesia-focused VC Intudo Ventures closes $10m debut fund
Intudo Ventures – a new venture capital firm run by global investors Eddy Chan, Patrick Yip, and Timothy Chen – today announced that it has closed a $10 million Indonesia-focussed fund, its first vehicle in the region.
— Deal Street Asia

Malaysia to launch joint air patrols to curb Daesh threats – Hishammuddin
Malaysia will soon launch joint air patrols with Indonesia and the Philippines to curb the increasing threats by the Daesh militant group in the region, said Defence Minister Datuk Seri Hishammuddin Hussein.
— The Borneo Post

Parliament calls on authorities to crack down on polluters
Deputy of Commission VII House of Representatives Hadi Mulyadi here on Tuesday called the Environment and Forestry Ministry to crack down on polluters, including companies which are responsible for destroying nature.
— Antara News

Indonesia, Norway sign free visa agreement for diplomats
Indonesian Foreign Minister Retno Marsudi and her Norwegian counterpart Borge Brende signed an agreement on free visa access for diplomatic and official passport holders in Oslo on Tuesday.
— Antara News

PLN to issue asset-backed securities worth Rp 10t in August
State-owned electricity firm PLN aims to raise between Rp 5 trillion (US$376 million) and Rp 10 trillion through the issuance of asset-backed securities (EBA) in August, using its future cash flow from subsidiary Indonesia Power as underlying assets.
— The Jakarta Post

Narcotics agency seizes Rp39 billion from Freddy Budiman`s network
The National Narcotics Agency has seized assets and cash totaling Rp39 billion generated from money laundering in a drug case along with four suspects believed to be linked to the late Freddy Budimans network.
— Antara News

BTN Seeks to Raise Rp 5t From Bond Sale in July
State-owned home lender Bank Tabungan Negara is seeking to raise Rp 5 trillion — $375 million — from selling bonds next month, the proceeds of which will be used to help fund a loan expansion to support the government’s One Million Homes program.
— Jakarta Globe

Innovative Technology Reduces Coca-Cola’s Plastic Usage by 40%
Coca-Cola, the world’s largest producer of sugary beverages, recently launched a new production line in Indonesia that makes high-quality, lighter bottles, which will reduce the company’s plastic usage by more than 800 tons annually.
— Jakarta Globe

GDP of Fisheries Sector Currently 50% Higher than Indonesia‘s GDP
Indonesian Maritime Affairs and Fisheries Minister Susi Pudjiastuti has called on other countries to work together to fight against fishing crime syndicates who freely operate in the world seas.
— Netralnews

Lawless waters test South East Asian nations in fight against Islamic State
Militants, pirates, drug traffickers, gun runners – the waters between Borneo and the southern Philippines have them all, but as an Islamic State faction burst on the scene in recent weeks, this corner of Southeast Asia plumbed new levels of insecurity.
— Financial Express

Indonesia tobacco bill would open tap for ads aimed at kids
A proposed Indonesian tobacco law will roll back regulations to discourage smoking in a country that already has one of the highest smoking rates in the world and open the floodgates to advertising aimed at teenagers, a health ministry official said.
— Gulf Times

Indonesian Group Rejects US Branding as Terror Organization
A leader of the conservative Muslim group Indonesian Mujahidin Council (MMI) on Tuesday rejected the U.S. State Department’s designation a day earlier that branded it a global terrorist group.
— Benar News

 

Feature photo Jonathan McIntosh 
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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