Indonesia Wants Global War on Illegal Fishing
The Southeast Asian state wants illegal fishing to be declared a transnational crime.
— The Diplomat
Coal miners owe the Indonesian government hundreds of millions of dollars
Activists argue the sector’s actual economic contributions are not enough to balance out the social and environmental problems caused by coal mining.
New-cars Sales in Indonesia Rise Past 100,000 Units for the 1st Time in 4 Months
New-car sales in Southeast Asia’s six major countries climbed by a combined 14% in March from a year earlier to 316,736 vehicles, the fifth straight monthly gain and returning sales for the month to a level not seen in four years.
— Netral English
Southeast Asian e-commerce firm Garena raises US$550m, rebrands as Sea
Southeast Asia-focused e-commerce startup Garena Interactive Holding Ltd renamed itself Sea Ltd on Monday (May 8) and said it had raised US$550 million to expand in key markets such as Indonesia.
— Channel NewsAsia
Foreign reserves rise to US$123.1 billion in April
Capital inflows increased Indonesia’s foreign exchange reserves to US$123.1 billion in April, the highest level since at least 2015.
— The Jakarta Post
The $367 Billion Haul That May Boost Tax Amnesty: QuickTake Q&A
It’s a popular, if not foolproof, way for countries to boost their coffers without raising taxes: Declare an amnesty to give tax offenders a chance to come clean. Indonesia collected more than $11 billion in penalty payments from such a program, and other Asian nations may follow suit.
Indonesia Still Restricting Foreign Media From Papua
An Indonesian foreign ministry official has confirmed the government has maintained a secretive interagency “clearing house” that has long obstructed foreign journalists from traveling to the provinces of Papua and West Papua, despite promises to shut it down. That revelation comes just days after Indonesia hosted UNESCO-sponsored events marking World Press Freedom Day in Jakarta, on May 3.
— Human Rights Watch
Indonesia strives to build financial market to match its might
Indonesia has the largest economy in South-east Asia, but you can’t tell from its financial markets, which are a fraction the size of some of its neighbours.
— The Business Times
Court to determine Ahok’s fate today over blasphemy case
While delivering a speech about fish cultivation in Thousand Islands on Sept. 27 last year, Jakarta Governor Basuki “Ahok” Tjahaja Purnama likely had no idea that his brief citation of a Quranic verse would kindle an uproar and force him to stand trial for six months on blasphemy charges.
— The Jakarta Post
Illegal Drugs, Narcotics from China Continue to Flow into Indonesia
The Directorate of Drug Crime at Indonesia Police, and the Directorate General of Customs and Excise have uncovered an international drug network of the China-Lampung-Jakarta syndicate.
— Netral English
Indonesia to disband radical Islamist group
Indonesia said yesterday it would disband the local branch of radical Islamist group Hizb ut-Tahrir, as concerns grow about hardliners in the world’s most populous Muslim-majority country. Hizb ut-Tahrir, which calls for Islamic law and wants to unify all Muslims into a caliphate, has been operating for decades in Indonesia and has a large following.
— The Daily Star
Indonesia’s Biggest Online Matchmaking Site Setipe Acquired by Singapore-Based Dating Service Lunch Actually Group
Setipe, the biggest online matchmaking service in Indonesia, has been acquired by Singapore-based dating services provider Lunch Actually Group, a joint statement from the two companies said on Monday (08/05).
— Jakarta Globe
Rupiah Exchange Rate News: Bank Indonesia’s Intervention in Markets
Sugeng, Deputy Governor of Indonesia’s central bank (Bank Indonesia), confirmed on Monday morning (08/05) that his institution has recently been intervening in the foreign exchange market in an effort to limit sharp rupiah appreciation. So far in 2017 the Indonesian rupiah has appreciated 1.11 percent against the US dollar with most of the rupiah’s advance stemming from the first month of the year.
— Indonesia Investments
Feature photo Celina Schou
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