Indonesia Morning News For November 13

Indonesia Morning News For November 13

Indonesia morning newsJokowi Touches on Digital Economy During APEC Summit
President Joko ‘Jokowi’ Widodo brought up the issue of digital economy in the first session of the 25th APEC Economic Leaders Meeting in Da Nang on Saturday (11/11).
— Tempo

CPO Price Rises to US$ 724.9 as Domestic Stock Dwindles
Indonesian Palm Oil Producers Association (Gapki) Secretary General Togar Sitanggang stated that the dwindling domestic stock of palm oil (CPO) indirectly caused an increase in the global price of the commodity.
— Tempo

Indonesia has potential to become leading coffee exporter: expert
An expert on renewable energy, Associate Professor Maizirwan Mel from International Islamic University Malaysia said Indonesia had the chance to become a world coffee exporter, because its geographical condition was suited to coffee plantations.
— Antara

Indonesian firms showcase products in Vietnam
Twenty-six Indonesian companies are showcasing their products at a trade fair which opened its doors in the central city of Danang on Thursday.
— The Jakarta Post

AirAsia Indonesia Launches Wi-Fi, Inflight Entertainment Services
AirAsia Indonesia, the local affiliate of Malaysia’s largest low-cost carrier, launched Wi-Fi and inflight entertainment services to cater to growing demand.
— JakartaGlobe

Indonesia: GDP Venture injects funding into smart city app Qlue
Martin Hartono-led GDP Venture has invested an undisclosed sum of funding into Jakarta-based smart city app developer Qlue, according to a report by Daily Social. The fresh funds will reportedly be used for product diversification, new hires, and strengthening the startup’s smart city services.
— DealStreetAsia

Suzuki Indomobil Sales Launches New SX4 S-Cross SUV in Indonesia
Suzuki Indomobil Sales (SIS) has refreshed the look of the New SX4 S-Cross sports utility vehicle (SUV).
— Netral News

Boosting Agribusiness in Malang, BCA Disburses Small Loans of IDR1.4 Bln
PT Bank Central Asia Tbk (BBCA.JK) or BCA disbursed small business loans (KUK) approximately worth IDR1.4 billion to an agribusiness group UD Gelora to develop a partnership with 350 apple farmers in the city.
— Netral News

Indonesia delivers supplies to villages after Papua rebels’ threat to Freeport
Authorities in Indonesia’s eastern province of Papua are delivering food and aid to villages where security forces say an armed rebel group has blocked residents’ movement, as police and military surround the area, a police official said on Sunday.
— Reuters/Business Insider

Sukabumi Supplies 75 Percent of Bottled Water to Greater Jakarta
Sukabumi Regency, West Java, is the largest bottled water supplier (AMDK) to Jakarta, Bogor, Depok, Tangerang and Bekasi (Jabodetabek) reaching around 75 percent of supplies.
— Tempo

Indonesian Market business seminar in Hong Kong
Anders Wickberg, Trade Commissioner to Indonesia at Business Sweden, will present key opportunities for Swedish companies in Indonesia and also discuss the perceived challenges for doing business in the country.
— ScandAsia

Indonesia exceeds world aviation safety standard: minister
Transportation Minister Budi Karya Sumadi said that Indonesia has surpassed the world aviation safety standards, based on the International Civil Aviation Organization (ICAO USOAP), from 50 to 80.
— Antara

Pertamina prepares $1.8 billion to manage Mahakam block
State-owned energy firm Pertamina is preparing Rp 24.3 trillion (US$1.8 billion) to start managing the Mahakam oil and gas block on Jan. 1, 2018, as Total E&P Indonesie’s (TEPI) contract is set to expire.
— The Jakarta Post

Zero rupiah down payment program faces criticism
The promise of Governor Anies Baswedan and his deputy Sandiaga Uno to provide low-income people with housing through the zero rupiah down payment program will be hard to implement because of stringent requirements by banks, according to the Jakarta Public Housing and Public Building Agency.
— The Jakarta Post

1,885 Total employees to move to Pertamina
Some 1,885 employees of PT Total E&P Indonesie (TEPI) will become employees of state-owned energy firm Pertamina when TEPI ends its operational contract in the Mahakam oil and gas block in Kalimantan.
— The Jakarta Post

Indonesia Loses WTO Appeal in Food Fight With New Zealand and US
Indonesia lost an appeal ruling at the World Trade Organization on Thursday (09/11) in a dispute with the United States and New Zealand over restrictions on imports of food and animal products.
— JakartaGlobe

Banpu grows in Indonesia
Thailand’s largest coal miner, SET-listed Banpu Plc, has acquired a 70% stake in PT Tepian Indah Sukses (TIS), a coal mine in lndonesia worth US$9.5 million (314.6 million baht), according to chief executive…
— Bangkok Post

Indonesia must prepare new strategy following Xi-Trump meeting
Indonesia must prepare a new strategy related to the global economy after the meeting between China`s President Xi Xiping and his US counterpart Donald Trump in Beijing on Nov 8-11.
— Antara

Shinzo Abe Praises Investment Climate Improvements in Jokowi Era
Indonesia’s investment climate has been increasingly conducive in recent years.
— Netral News

Islamic Students Encouraged to be Entrepreneurs
Industry Ministry is currently taking intensive measures to realize sharia-based economy in Indonesia, one of which by launching an entrepreneurship program for santri (students of Islamic boarding school) called Santripreneur Implemented from in 2013-2015.
— Tempo

Indonesia museum removes Hitler display after protests
An Indonesian visual effects museum that encouraged visitors to take selfies with a waxwork of Hitler against a giant image of the Auschwitz extermination camp has removed the exhibit after protests.
— ABC News

 

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.

 

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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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