Indonesia Morning News For June 8

Tax Revenue Reaches Rp463.5tn in May
Finance Ministry recorded a tax revenue that reached Rp463.5 trillion in May, which is 30.9 percent from the 2017 State Budget target.
— Tempo

Bank Indonesia Provides Rp70 Trillion New Cash
Bank Indonesia (BI) Deputy Governor Sugeng stated that around Rp70 trillion of the new 2016 edition cash would be made available for those who wanted to change their money during Eid by the end of June.
— Tempo

Indonesia Urges Asean To Fight Against Plastic Waste
Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan on Monday (05/06) called on the Association of Southeast Asian Nations to increase cooperation in reducing plastic waste.
— Malaysian Digest

Flights to Qatar Operate Normally
The Transportation Ministry has said that all flights en route to Qatar continue to operate normally despite several Arab nations, including Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt, cutting their diplomatic ties with the country.
— Tempo

Government stays firm on tax examination plan despite outcry
Finance Minister Sri Mulyani Indrawati has defended the plan to examine the financial data of around 2.3 million bank accounts that have a minimum balance of Rp 200 million (US$15,025) despite a major outcry from micro, small and medium enterprises (MSME).
— The Jakarta Post

Jokowi Evaluates Bangka Belitung Strategic Project Implementation
President Joko Widodo (Jokowi) has evaluated the implementation of national strategic projects and priority programs in the Bangka Belitung Islands Province.
— Tempo

Govt Still Waits for Realization of Unilever Investment Commitments
The Unilever Group has committed $500 million investment commitment or approximately IDR6.6 trillion. The realization of this commitment is still awaited by the government through the Ministry of Industry.
— Netral English

Indonesia Boosts Chicken Checks to Keep Bird Flu at Bay
It’s not yet seven in the morning, but the slaughterhouses at the back of Terban market in Yogyakarta are in full swing. Wholesalers, housewives and businessmen arrive on motorcycles, weaving their way through blood and feathers to pick up freshly killed chickens.
— Jakarta Globe

Tesla Model X electric cars to hit Indonesian roads
Indonesians can now purchase US-made Tesla Model X electronic luxury cars with price tags starting from US$200,000.
— The Jakarta Post

Govt Urges Youth to Avoid Negative Contents in Social Media
The Ministry of Communication and Informatics urges social media users to keep clear of negative contents. The ministry calls on the young generation to join the competition dubbed Kompetisi Konten Kreatif Bhinneka itu Kita (Creative Content Competition of We Are Diverse).
— Tempo

Zero Survey finds two Kupang residents infected with HIV
The Health Agency in Kupang, East Nusa Tenggara, revealed two residents had tested positive for HIV, according to results from a Zero Survey involving 194 civilian state apparatuses and 56 common residents, in the beginning of May.
— The Jakarta Post

55 Vietnamese detainees to be repatriated from Natuna
The Maritime Affairs and Fisheries Ministry and the Tarempa Naval Base in Natuna, Riau Islands, is set to repatriate 55 Vietnamese citizens who had been detained since May over alleged illegal fishing in the area.
— The Jakarta Post

PLN to issue bonds and sukuk worth Rp10 trillion
State electricity company PT Perusahaan Listrik Negara (PLN) plans to issue conventional bonds worth Rp 8 trillion (US$601.19 million) and sharia bonds (sukuk) worth Rp 2 trillion this year to finance its electricity infrastructure.
— The Jakarta Post

Minister Darmin: Exploration will Decrease Natural Resources
Coordinating Minister for Economic Affairs, Darmin Nasution, said that the exploration of natural resources (SDA) will reduce the income of the community.
—Netral English

Gov’t Raises Minimum Account Balance Limit of Reportable Bank Accounts to IDR1 Bln
The government, through the Ministry of Finance, has increased the minimum account balance of bank customers that must be reported to the Directorate General of Taxes from IDR200 million to IDR1 billion.
— Netral English

State firms form joint venture firm to manage Trans-Java toll road
State-owned toll road operator PT Jasa Marga and PT Waskita Toll Road (WTR) have established a joint venture company, PT Jasamarga Transjawa Tol, according to a statement published by the Indonesia Stock Exchange (IDX) on Wednesday.
— The Jakarta Post

Bus operator Lorena to shift to high-end customers
Publicly listed transportation firm PT Eka Sari Lorena plans to shift its market from middle-lower to high-end customers as part of its strategy to cope with its declining financial performance.
— The Jakarta Post

Amman Mineral continues smelter studies until August
Copper producer PT Amman Mineral Nusa Tenggara is conducting a technical study for a smelter it will construct in exchange for a copper concentrate export permit it received from the government several months ago.
— The Jakarta Post

Cbank Expects Weaker Rupiah, Better Growth in 2018
Bank Indonesia, the central bank, expects the rupiah to weaken marginally against the dollar next year while the country’s economic growth rate should be slightly higher, its governor said on Tuesday (06/06).
— Jakarta Globe

Priority Programs Prior to Resignation: Djarot
Acting Jakarta Governor Djarot Saiful Hidayat is finishing priority programs before October 2017, where his term will end. The programs include Jakarta wholesale center (Jakgrosir) in six areas, Semanggi flyover, market renovation, Puskesmas clinic, various flyovers, Lapangan Banteng area and 100 child-friendly public spaces.
— Netral English

Penalty for Late Holiday Bonus Payers
The Ministry of Manpower stated that the government is closely monitoring the payment of holiday bonus (THR) for 2017 Eid holiday. Maruli, the Director General of Manpower and Occupational Safety and Health Monitoring, said that any company which did not pay THR to employees is subject to penalty.
— Netral English

Feature photo Asian Development Bank
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.

Indonesia Morning News For June 8 added by Leakhena Khat on June 8, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.