Indonesia Morning News For November 27

Indonesia Morning News For November 27

Indonesia morning newsIndustry Association Urge Gov’t to Prioritize on Fiber-Optics Development
Industry association and information technology observer are urging the government to prioritize the development of internet infrastructure to actualize digital revolution by accelerating the development of fiber-optic networks.
— Netral News

Indonesia’s top telecom acquires Malaysian satellite company
Telekomunikasi Indonesia, the country’s largest telecommunications company, announced on Friday it has agreed to acquire a maximum stake of 70% in Malaysian satellite company TS Global Network for 108.5 million ringgit ($26 million).
— Nikkei Asian Review

Industrial Sector is Most Significant Contributor to National Economy
Indonesia Minister of Industry Airlangga Hartarto says that Indonesia, in its economic proportion, can be categorized as an industrial country.
— Netral News

Trade Ministry to bring trade mission to Japan
In response to shrinking bilateral trade with Japan, the Trade Ministry plans to conduct a trade mission to the East Asian nation from Nov. 28 to Nov. 30.
— The Jakarta Post

Ahead of Planting Season, Distribution of Subsidized Fertilizers Strictly Monitored
PT Pupuk Indonesia (Persero) is tightening supervision on the distribution process of subsidized fertilizers during the planting season.
— Netral News

Bali’s erupting volcano raises air travel warnings
Indonesian and regional authorities heightened flight warnings around Bali’s Mount Agung on Sunday as the volcano’s eruptions sent a plume of volcanic ash and steam more than 6,000 metres into the skies above the popular holiday island.
— Nikkei Asian Review

Gov’t Signs Loan Agreement With China to Continue Construction on Cisumdawu Toll Road
Construction on the second section of the 61.6-kilometer toll road connecting Cileunyi-Sumedang-Dawuan in West Java will begin in early 2018 after an additional loan agreement with China was signed on Friday (24/11).
— JakartaGlobe

Soured IPO spells trouble for Indonesia’s infrastructure drive
After a round of energized speeches by PP Presisi executives, the crowd was in high spirits. They were gathered at the Indonesia Stock Exchange building’s stylish hall on Friday morning to celebrate the stock trading debut of the state-owned contractor.
— Nikkei Asian Review

BRI to acquire Bahana Artha Ventura for Rp 71 billion
State-owned lender Bank Rakyat Indonesia (BRI) is set to disburse Rp 71.32 billion (US$5.28 million) to acquire 35 percent stakes in venture capital firm PT Bahana Artha Ventura (BAV), equal to 71,207 shares.
— The Jakarta Post

Luhut rejects PLN’s wish to review agreements with power producers
Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan has rejected a request from state-owned electricity firm PLN to review a power purchase agreement (PPA) with independent power producers (IPP), signed more than 10 years ago.
— The Jakarta Post

Indonesia Aims To Attract More Muslim Visitors In ‘Halal’ Tourism Push
On Gili Trawangan, an islet off the coast of Indonesia’s verdant Lombok island, tanned and pinkish Westerners in bathing suits mingle in the same restaurant as a group of hijab-wearing women from Malaysia on a corporate retreat.
— NPR

Digital Disruption Slows New Investments in Hospitality Industry: Indonesian Hoteliers
Investing in the hotel industry has become more challenging in Indonesia as digital disruption continues to upend traditional business models.
— JakartaGlobe

Graft case could hold key to Jokowi’s re-election prospects
Indonesia’s embattled House speaker has made a last-ditch plea for his political life, in a case that is threatening President Joko “Jokowi” Widodo’s re-election hopes.
The Nation

New West Java Toll Road Expected to Boost Bottled Water Sales in 2018
The bottled water industry expects sales growth to accelerate next year after a vital toll road connecting the industry’s major production areas is completed.
— JakartaGlobe

Mount Agung Eruption: Lombok Airport Closed
Air Navigation (Airnav) has asked the operator of Lombok International Airport (LIA) to stop operations due to Mount Agung eruption.
— Tempo

China-Indonesia pandas conservation partnership program inaugurated
Enhanced cooperation in research on giant pandas conservation is an important symbol of friendly relations between China and Indonesia entering a new stage, visiting Chinese Vice Premier Liu Yandong said on Sunday.
— Ecns

Kertajati Airport to be Operational in 2018: West Java Governor
West Java Governor Ahmad Heryawan, better known as Aher, has expressed optimism that the Kertajati International Airport in Majalengka District will be operational as scheduled in April 2018.
— Tempo

Indonesia Participates in 2017 World Travel Market in London
The Ministry of Tourism facilitated a total of 50 tourism businesses from Indonesia that promote various tourism destinations—including 10 priority tourism destinations—to visitors from London and surrounding areas.
— Netral News

Politics must be free from religious sentiments, money politics: NU
The national meeting (Munas) and major conference (Konbes) of Indonesia’s largest Islamic organization, Nahdlatul Ulama (NU), ended on Saturday with a call to political parties and politicians to stop using religious sentiments in their activities.
— The Jakarta Post

 

Feature photo ILO/A. Azhari

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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