Indonesia Morning News For March 9

Indonesia Morning News For March 9
Estimated Reading Time: 6 minutes |

Welcome to the Indonesia morning news roundup by AEC News Today, your one stop for Indonesia news on matters of governance and policies affecting Asean business communities.

 

Indonesia morning news

Second shipment of Australian buffalo sent to Indonesia since 2011 live export suspension
Australian buffalo have been exported to Indonesia for the first time in more than three years, a move that has been welcomed by industry.
— ABC Rural

Corruption in Indonesia: DPR the Most Corrupt Government Institution
The latest survey of Berlin-based Transparency International confirms that Indonesia’s House of Representatives (DPR) is perceived – among Indonesians – as the most corrupt institution in the country.
— Indonesia Investments

Asian Games: Indonesia shrugs off graft, organisation woes
Organisers of Indonesia’s 2018 Asian Games insisted Wednesday preparations were on track after the build-up was hit by corruption allegations and concerns about faltering organisation.
— The Business Times

Indonesia power sector: New regulation on utilisation of natural gas for power generation
The Ministry of Energy and Mineral Resources of the Republic of Indonesia (MEMR) recently issued MEMR Regulation No. 11 of 2017 on the Utilisation of Natural Gas for Power Generation (Regulation 11/2017).
— JD Supra (press release)

Indonesia Digest: BRI Agroniaga’s $75m rights issue; TBL $200m global bond
Indonesian lender BRI Agroniaga is planning to raise Rp 1 trillion ($75 million) via a rights issue to strengthen capital structure.
— Deal Street Asia

UK tourism arrivals to Indonesia boom in 2016
Figures released by the Ministry of Tourism for the Republic of Indonesia have shown an impressive 17.37% increase in visitor arrivals from the United Kingdom, year on year.
— Travel Daily Media

DBS to launch mobile-only banking service in Indonesia
The Development Bank of Singapore (DBS) plans to introduce a smartphone-based mobile banking option for the Indonesian market as a way to further digitalize the banks’ operations and utilize digital innovation to its advantage.
— The Jakarta Post

Telkom spreads SME products worldwide
Small and medium enterprises (SMEs) currently serve as the backbone of domestic economy.
— The Jakarta Post

Papua’s economy slowing down due to Freeport saga: Bank Indonesia
The prolonged contractual dispute between the government and PT Freeport Indonesia, which has prompted the giant miner to temporarily suspend production, has resulted in weakening economic growth in Papua, especially in the mining sector.
— The Jakarta Post

Indonesia aims high package transactions, best title at world’s leading travel fair
Indonesia aims to net US$470 million of tourism package transactions in the world’s leading travel fair event of Internationale Tourismus Borse (ITB) in Messe Berlin, Germany on March 8-12, China’s Xinhua news agency reported.
— Astro Awani

Seven Indonesian Designers to Showcase Work Abroad
This month, seven Indonesian fashion designers will present their latest collections at four international fashion weeks.
— Jakarta Globe

Greater Jakarta: Vendors to lose stalls in C. Jakarta
Dozens of vendors at Lenggang Jakarta food court in Kemayoran, Central Jakarta, could lose their stalls as the city administration is set to lease them to other parties who are more interested in opening businesses there, an official has said.
— The Jakarta Post

Omani businessmen explore investment opportunities in Indonesia
A total of 33 Omani businessmen attended the Indonesia-Oman Business Forum here on Wednesday and met 50 Indonesian businesspersons to explore investment opportunities in the country.
— Antara News

Non Performing Loans (NPLs) May Rise in Indonesia’s Banking Sector
Chances are big that the banking sector of Indonesia will see the non performing loan (NPL) ratio rise up to the range of 3.0 – 3.5 percent in 2017. Anton Gunawan, Chief Economist at state-controlled Bank Mandiri, says the rising NPL ratio is not so much caused by the lower quality of credit in Indonesia’s banking system. The bigger problem is rising “special mention” loans, a loan grade that refers to assets that pose potential weaknesses that require close attention.
— Indonesia Investments

Indonesia vows to tackle marine pollution
It is wet season in Bali, Indonesia, a popular tourist destination for Australian, Russian, German, Chinese and Japanese visitors.
— The Conversation AU

Singapore and Indonesia sharing experiences in combating cyber threats: DPM Teo
Singapore and Indonesia are sharing experiences in tackling cyber threats, said Deputy Prime Minister Teo Chee Hean on Wednesday (March 8).
— The Straits Times

Is Indonesia Choosing the Indian Ocean Rim Association Over ASEAN?
From March 5 to 7, Jakarta played host to the leader’s summit of the Indian Ocean Rim Association (IORA), which was also commemorating its 20th anniversary. Given the chance to lead the summit, Indonesia has pursued significant initiatives, including the enactment of the IORA Concord, or so-called Jakarta Concord.
— The Diplomat

Indonesia urged to strengthen international counterterrorism cooperation
International relations expert Yanyan M Yani said Tuesday that Indonesia needed to strengthen its cross-sector international cooperation as part of the effort to fight terrorism.
— The Jakarta Post

Ratu Atut indicted for allegedly causing Rp 80b in state losses
Graft defendant and former Banten governor Ratu Atut Chosiyah has been indicted for allegedly inflicting Rp 79.79 billion (US$5.95 million) in state losses by allegedly abusing her authority as governor to enrich herself and other parties.
— The Jakarta Post

Indonesia Lures Middle East Cash as Trump Worries Muslim Nations
As one of Asia’s fastest-growing economies and the most populous Muslim nation in the world, Indonesia is billing itself as a natural home for Middle Eastern investment at a time when the U.S. is turning inward.
— Bloomberg

Indonesia wants better trade with South Africa
President Joko “Jokowi” Widodo urged South Africa to reduce trade barriers for Indonesian exports to the country, in a bilateral meeting with visiting South African President Jacob Zuma on Wednesday.
— The Jakarta Post

Indonesia’s Bali Island Refuses To Cover Statues For Saudi King’s Visit
Bali, a Hindu majority resort island in Indonesia, has refused to cover half-naked statues located in different parts of the island during a visit by King Salman bin Abdulaziz Al Saud of Saudi Arabia. While the statues in the Indonesian capital and adjoining regions were covered as a mark of respect to the King of the Wahhabi kingdom, those in Bali were not.
— Swarajya

Indonesia jails leaders of ‘deviant sect’ for blasphemy
An Indonesian court has jailed three leaders of a group that Islamic clerics had called a deviant religious organisation for up to five years for blasphemy, sparking condemnation from human rights groups over the targeting of minorities.
— The Star Online

Jackie Chan, Jet Li invited to take part in upcoming Indonesian film
Jackie Chan and Jet Li have been invited to participate in Pamanca the Movie, an upcoming film by local production house Rafindo Galesong.
— The Jakarta Post

 

 

Feature photo: John Le Fevre

 

 

The Indonesia morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.

 

 

 

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Stella-maris Ewudolu

Stella-maris Ewudolu

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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