Indonesia Morning News For September 22

Indonesia Morning News For September 22

Indonesia morning news

A 5.7 magnitude earthquake has hit Indonesia
A 5.7 magnitude earthquake has hit Indonesia, northwest of Bali, as alert levels rise about the possibility of a volcanic explosion on the island.
News.com.au

Why We Won’t See Trump-Like Nationalism In Indonesia
“America First” is based in exclusivism, but Indonesia’s nationalism has far more pluralistic connotations.
Huffington Post

Low Inflation Shows How Bank Indonesia Is Coordinating on Policy
From regional teams that work to ease food bottlenecks, to cooperation on curbing financial-sector risks, central bank watchers say Indonesia has come a long way in building credibility in its monetary policy.
Bloomberg

Indonesia, Oz ministers agree on faster IA-CEPA conclusion
The Indonesian and Australian trade ministers have stated their commitment to concluding negotiations on the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) in November, earlier than the official date in December.
The Jakarta Post

PT Pertamina EP to Commence Maiden Offshore Drilling in Java Sea
PT Pertamina EP (PEP), a subsidiary of PT Pertamina (Persero) which is a Contractor of Cooperation Contract (KKKS) under Upstream Oil and Gas Executive Task Force (SKK Migas) is ready to commence offshore drilling on Asset 4 Poleng Field business unit.
Netral News

Indonesia seeks bigger share of global halal tourism
The Muslim travel market is one of the fastest-growing segments in the global travel industry, according to the MasterCard-CrescentRating Global Muslim Travel Index (GMTI) 2017, which was released in May.
Arab News

Cigarette Tax Increase to Be Announced in Early October
Based on the National Economic and Social Survey conducted in 2010, the number of smokers aged 10-14 increased from 3.96 million to 10.869 million. Additionally, the number of young smokers aged 15-19 increased three folds within 5 years.
Tempo (EN)

SOEs urged to accelerate development of Kuala Tanjung industrial park
The government has urged state-owned enterprises (SOEs) to accelerate the development of Kuala Tanjung industrial park in North Sumatra into an integrated aluminum-focused complex with a seaport and a railway.
The Jakarta Post

Fast Asia Open: Indonesia rates decision, Taiwan unemployment
The central bank of Indonesia’s interest rates decision are also slated for today.
Financial Times

Indonesia’s textile exports may reach $15 billion by 2019
The industry ministry predicted that textile and textile products exports will grow around 11 per cent annually. The sector is estimated to contribute $12.09 billion to the economy in 2017 and $13.5 billion in 2018. By 2017 end, this sector can absorb up to 2.73 million workers, and increase that to 2.95 million in 2018.
Fibre to Fashion

E-Commerce Takes off in Indonesia
After a slow start, Indonesia’s e-commerce market is set to explode. Total business is forecast to rise from 1.7 million dollars in 2015 to 43 billion dollars by 2025. That would amount to more than half of the entire Southeast Asian market.
NHK World

Grab Collaborates with HERE Technologies on High Definition Mapping
Southeast Asia’s leading ride-hailing platform Grab has improved the accuracy of fare estimations, ETAs and trip routing for its more than 60 million passengers through an expanded partnership with global map data and location services provider, HERE Technologies.
Netral News

Exim-Indonesia seek to expand infrastructure investment
Seeking to expand the investment opportunities of South Korean companies in the profitable Southeast Asian infrastructure market, the Export-Import Bank of Korea has hosted a forum to encourage business in Indonesia, according to officials Thursday.
Korea Herald

East Ventures closes new $30M fund to continue investing in Indonesia
East Ventures says 70 percent of Series A-funded startups in Indonesia bagged seed funding from the firm, while 83 percent of its 116 portfolio companies remain in business today.
Tech Crunch

Anti-gay hysteria is on the rise in Indonesia
Sodomy is not a crime, but may soon become one.
The Economist

‘Fake News’ Remains a Problem in Indonesia
More than one-fifth of all fake news circulating during the Jakarta gubernatorial election was directly related to politics, according to Indonesia’s Network of Anti-Hoax Journalists.
Voice of America

Indonesia to stage 40 sports at 2018 Games
With less than a year to go until the Games open next August, the final programme had been in doubt before an agreement was reached during a meeting on the sidelines of the Asian Indoor and Martial Arts Games, currently taking place in the Turkmenistan’s capital Ashgabat.
The Jakarta Post

Health Organizations, Help Indonesia Kick the Coal Habit
Indonesia already has some of Asia’s highest coal power plant air pollution levels, and the government revealed in March that it was planning to build an additional 31.9 gigawatts (GW) of coal power plants (including mine-mouth power plants) by 2026.
The Energy Collective

Indonesia’s Plastic Trash Crisis
An estimated 1.3 million tonnes of plastic waste are tossed annually into Indonesia’s seawaters, littering the ocean and increasing the risk that marine animals will trapped in the stuff.
Asia Sentinel

 

Feature photo Sitoo
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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