Indonesia Morning News For November 23

Indonesia’s New Mining Holding Company to Control $6.6b in Assets
Jakarta. Indonesia’s plan to establish a holding company for state-owned miners could create a new giant with Rp 90 trillion ($6.6 billion) in assets, putting the miners in a better position to raise new funding to manage the country’s natural resource wealth.
— JakartaGlobe

Indonesia and Malaysia fire back at the EU over palm oil
Indonesia and Malaysia are considering joint action to counter possible European Union restrictions on the import of palm oil.
— Nikkei Asian Review

Indonesia’s Go-Jek launches Go-Bills
INDONESIAN on-demand transportation provider, Go-Jek introduces Go-Bills, a new feature on its platform.
— Digital News Asia

Malaysia to import chickens, ducks from Indonesia
Malaysia plans to import chickens and ducks from Indonesia, following a visit by Indonesian delegates, Animal Farm Board secretary general Ade Zulkarnain told The Jakarta Post on Tuesday.
— The Jakarta Post

Garuda Indonesia Extends Partnership with Polri
State-owned aviation company Garuda Indonesia (IDX:GIAA) has again become the official flight choice for the Indonesia National Police (Polri), following the signing of the Garuda Indonesia Corporate Sales and Police Cooperation Agreement.
— Netral News

Mitsubishi Inaugurates First Passenger Car Dealership in Karawang
The development of Karawang regency as one of the areas in West Java with strategic industrial activities has created an impact on the area’s economic growth.
— Netral News

Indonesia lives dangerously with a $355bn infrastructure drive
Indonesia’s state-owned enterprises minister had a joke ready when she arrived late to an infrastructure conference in September.
— Nikkei Asian Review

Breaking news : Thousands flee over Bali volcano eruption fears
Thousands living in the shadow of a rumbling volcano on Indonesia’s resort island of Bali fled Wednesday as fears grow that it could erupt for the first time in more than 50 years.
— The Nation

Sri Mulyani: Economy not Affected by Political Year
Finance Minister Sri Mulyani expects Indonesia’s upcoming political year will not negatively affect the country’s economy. Indonesia is set to hold the simultaneous regional elections in 2018 and the presidential election in 2019.
— Tempo

Ilham Habibie: Funds Raised for R80 Airplane Not for Investment
As of Wednesday, November 22, 2017, at 5 p.m., the crowdfunding initiative for the development of R80 airplane prototype had raised Rp6.181 billion.
— Tempo

Minister: Fuel Supplies Unaffected by Mount Agung Eruption
Energy and Mineral Resources Ministry Ignasius Jonan said electricity and fuel supplies in Bali would not be affected by Mount Agung eruption.
— Tempo

Cost of Greater Jakarta LRT project swells to Rp 31 trillion
The cost of the Greater Jakarta light rail transit (LRT) project, also known as LRT Jabodetabek, will swell to Rp 31 trillion (US$2.29 billion) from the initial cost of Rp 26.7 trillion.
— The Jakarta Post

Indonesia Rubber Industry Analysis 2017 – Research and Markets
The “Indonesia’s Rubber Industry Analysis 2017” report has been added to Research and Markets’ offering.
— Business Wire

Pertamina EP’s Oil-Gas Production from Asset 4 Surpasses Target by 120 Percent
Pertamina EP, through Pertamina EP Asset 4 operational unit at Poleng Field, has successfully completed offshore POL-N2 offshore drilling.
— Netral News

East Java top in ease of doing business
Research conducted by the Asia Competitiveness Institute (ACI) has shown that East Java was top in ease of doing business (EoDB) this year, followed by West Java, Central Java and Jakarta.
— The Jakarta Post

President Jokowi: All Indonesian Migrant Workers Must Have Passports
Indonesia President Joko ‘Jokowi’ Widodo has requested that all Indonesian migrant workers (TKI) must have passports.
— Netral News

Karawang sets highest minimum wage in Indonesia
The West Java administration has set Karawang regency’s minimum wage at Rp 3.92 million (US$289.99), the highest in the country.
— The Jakarta Post

Elnusa Denies ICIJ’s Report on Paradise Papers
Listed private energy company Elnusa (IDX: ELSA) has denied the contents of report issued by the International Consortium of Investigative Journalists (ICIJ) that reported the company’s link to Paradise Papers list since 2014.
— Netral News

Indonesia’s Lippo Group spreads its hospital network to China
Indonesian conglomerate Lippo Group is expanding its sprawling hospital network to China, where it aims to apply a chain-building model that has proved successful in the retail and banking sectors at home.
— Nikkei Asian Review

Totalindo Partners with Pembangunan Sarana Jaya for TOD Project in Lebak Bulus
Listed construction company Totalindo Eka Persada (IDX:TOPS) and regional-owned company Pembangunan Sarana Jaya have signed a cooperation agreement for the development of a Transit Oriented Development (TOD) project in Lebak Bulus, South Jakarta.
— Netral News

17,000 register to take part in 2018 IMF-World Bank meeting in Bali
Bali has been preparing to welcome delegates from the Task Force on the 2018 IMF-World Bank Annual Meeting in October, 2018.
— The Jakarta Post

Feature photo ILO/G. Lingga
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.