Indonesia Morning News For March 17

Indonesia Morning News For March 17
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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.

 

Indonesia morning news

Indonesia POS startup Pawoon raises series A from Kejora Ventures
Indonesia’s point-of-sales (POS) startup Pawoon has raised an undisclosed amount of series A funding round led by existing backer Kejora Ventures, the company announced today.
— Deal Street Asia

Indonesia’s first private airport to open up in 2018
Indonesia’s first private airport is set to open up on Bintan Island in Riau Islands province by the end of 2018 following approval from the Transportation Ministry last year.
— The Jakarta Post

Saudi King lavishes Rolex watches, diamond rings on Indonesian officials
Customised Arabian sabres, Rolex watches, gold ballpoint pens and diamond rings.
— The Star Online

Jokowi opts to kill tobacco bill
In an about face move that demonstrated stronger support for the country’s public health, the government said on Wednesday that it refused to deliberate the controversial tobacco bill, which seeks to boost cigarette production while dismissing the dangers of smoking.
— The Jakarta Post

Widodo wants 40th on ‘business ease’ index
INDONESIAN President Joko Widodo has reaffirmed his desire for his country to jump to 40th place on the World Bank’s Ease of Doing Business (EODB) index in 2018 from its current 91st position.
– The Nation

Bank Indonesia Keeps Interest Rates Unchanged
Bank Indonesia, the country’s central bank, has left interest rates unchanged after a policy meeting this week to counter the effects of higher United States interest rates and rising inflation in the country.
— Jakarta Globe

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Indonesian people smuggler gets six years
He is said to have helped organise more than 1500 people’s passage to Australia and went as far as Kenya to evade authorities.
— News.com.au

Indonesia lender BRI hires Telkom exec to boost fintech, to form VC unit
State-owned lender Bank Rakyat Indonesia (BRI) has appointed Indra Utoyo, a director for innovation and strategic portfolio at another state-owned firm Telekomunikasi Indonesia (Telkom), as operational director.
— Deal Street Asia

Top Indonesia Nickel Miner Seeks to Export 6 Mln Tons of Ore
PT Aneka Tambang, one of Indonesia’s biggest nickel producers, is seeking government approval to export 6 million metric tons of low-grade ore, two months after the nation relaxed its ban on shipments.
— Bloomberg

Singapore trumps peers in THE Asia rankings; Malaysia, Indonesia named emerging stars
They did it again. The prestigious National University of Singapore (NUS) beat its Asian peers for the second year running to emerge top in the Times Higher Education (THE) Asia University Rankings 2017.
— Study International News

Utilization of Indonesia’s Car Manufacturing Capacity Low
The utilization of Indonesia’s installed car production capacity is expected to fall from 58 percent in 2016 to 55 percent in 2017 as the expansion of domestic manufacturing capacity is not in line with growth of domestic car sales and car exports.
— Indonesia Investments

Jakarta election debate to be held on April 12
The Jakarta General Elections Commission (KPU Jakarta) has announced that only one more official candidate debate would be held ahead of the runoff in the capital’s gubernatorial election. That debate is scheduled for April 12.
— The Jakarta Post

New Bali Process Forum to Combat Modern Slavery: Australian FM
Australian Foreign Minister Julie Bishop welcomed the launch of the new Bali Process Government and Business Forum, an Australian and Indonesian partnership to combat human trafficking and modern slavery, on Thursday (16/03).
— Jakarta Globe

Jokowi inaugurates Indonesia-Malaysia border post
President Joko Widodo (Jokowi) inaugurated an integrated Indonesia-Malaysia border post in Badau sub-district, Kapuas Hulu district in West Kalimantan province.
— Antara News

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Thai participation in acquisition of Chevron geothermal assets in Indonesia
With an ownership stake in the Wayang Windu geothermal plant in Indonesia, and the participation in the acquisition of geothermal assets in Indonesia by Chevron, Thai firm EGCO Group continues its international investment strategy.
— Think GeoEnergy

Michael Essien Becomes the Highest-Paid Footballer in Indonesia
Michael Essien, a former Ghana and Chelsea star who had won the UEFA Champions League, two Premier League titles and four FA Cups with Chelsea, reportedly receives Rp 9 billion ($647,000) a year at his new club Persib Bandung, breaking the record for a footballer’s salary in Indonesia.
— Jakarta Globe

 

 

Feature photo Kritsada Jaiyen

 

 

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Stella-maris Ewudolu

Stella-maris Ewudolu

Staff writer
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.
Stella-maris Ewudolu

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