Indonesia Morning News For October 3

Indonesia Morning News For October 3

Indonesia morning newsIndonesian foreign tourist arrivals grow nearly 26% in first 8 months
The number of foreign holidaymakers visiting Indonesia from January to August expanded 25.68% to 9.25 million people in a year, national statistics bureau announced here on Monday, China’s Xinhua news agency reported.
— The Sun Daily

Indonesia to give more allocations in tackling poverty, unemployment
Indonesian President Joko Widodo has issued an order to add more efforts and budget allocations to finance measures aimed at tackling poverty and unemployment as well as domestic and foreign aids programs.
— Xinhua

App for polygamy stirs up controversy in Indonesia
A dating app in Indonesia that aims to bring together men and women interested in polygamous marriages has stirred controversy and debate in the world’s largest Muslim-majority nation.
— Times of Malta

Indonesia’s ‘ewallet freeze’ slows down partnership between Uber and Tokopedia
Uber Indonesia and one of the country’s largest homegrown ecommerce startups, Tokopedia, are working on integrating their services.
— Tech in Asia

BI Postpones 4 Companies’ e-Money Services Due to Permit Issues
The electronic money (e-money) top up service owned by a number of companies was stopped by Bank Indonesia (BI).
— Netral News

Indonesia’s Sept annual inflation rate eases, hits 6-mth low
Indonesia’s annual inflation rate eased for a fourth month in September to its lowest since March on the back of a continued decline in food prices, the statistics bureau said on Monday.
— Nasdaq

Indonesia’s fuel subsidy cuts prevented even worse traffic jams
Indonesia is notorious for its traffic jams. Many people spend hours commuting each day. Jakarta and other Indonesian cities have been rated as home to some of the world’s slowest traffic.
— The Conversation AU

Unknown disease causes dozens of cattle deaths in W Sumatra
An unknown disease has caused dozens of cattle deaths in Siguntur Nagari, or the traditional village in Dharmasraya District, West Sumatra Province.
— Antara News

New regulation forces Indonesians to sell their foreign shell companies
On the back of the Indonesian government’s issuance of its new controlled foreign company (CFC) regulation on July 26, many Indonesians are likely to sell their foreign shell companies because of the enforcement of double tax payments.
— The Jakarta Post

Indonesian Stock Market & Currency Update: Monday 2 October 2017
The Indonesian rupiah is continuing to depreciate on Monday (02/10). By 15:00 pm local Jakarta time the currency had weakened 0.71 percent to IDR 13,568 per US dollar (Bloomberg Dollar Index). Not only the rupiah, but all (emerging market) currencies are sliding in Asia on renewed US dollar strength.
— Indonesia Investments (media release)

Freeport Indonesia Copper Exports Will Not Be Stopped Amid Talks: Official
The Indonesian unit of US miner Freeport McMoRan can continue to export copper concentrate even if negotiations over the company’s permit to operate the giant Grasberg mine are not resolved this month, a mining ministry official said.
— Jakarta Globe

Mitsubishi-Led Consortium to Develop $260m Project With Sinar Mas Land
Sinar Mas Land, the property holding of diversified conglomerate Sinar Mas Group, has formed a joint-venture with a Japanese consortium led by automotive conglomerate Mitsubishi Corporation to develop a premium mixed-use area in BSD City, Tangerang, Banten, with an investment of more than $260 million (Rp 3.5 trillion), the company announced on Saturday (30/09).
— Jakarta Globe

Militants, opposition unite to attack Indonesia’s Widodo
Islamic-based opposition parties have joined forces with militants in accusing President Joko Widodo of choking freedom of expression and pandering to communists.
— UCA News

Survey says 36.2% of voters would reelect President Jokowi while 23.2% would pick Prabowo
Indonesia’s bruising 2014 presidential campaign was seen by many as a battle between the country’s entrenched political elites, represented by Gerindra party chairman and former general Prabowo Subianto, and a new generation of reform-minded leaders represented by then Jakarta Governor Joko Widodo.
— Coconuts Jakarta

House urges government to settle polemics over import of arms
Commission I of the House of Representatives has urged the government to placate the polemics over the import of arms for non-military institutions.
— Antara News

 

Feature photo Frank Yuwono
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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Stella-maris Ewudolu

Journalist at AEC News Today
Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005. Between November 2010 and February 2012 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.

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