Indonesia Morning News For September 25

Indonesia Morning News For September 25

Indonesia morning newsMinistry of Agriculture Sets IDR100 Billion Budget to Purchase Top Bull Semen
The government through the Ministry of Agriculture said it would set up funds to buy superior bull semen from Brazil. This was stated by the Minister of Agriculture Andi Amran Sulaiman at the National Livestock Jamboree 2017 event at Bumi Perkemahan and Graha Wisata Cibubur, Sunday (9/24/2017).
— Netral News

Exclusive: Proterra in partnership talks with 10 Indonesian food & agri firms
Proterra Investment Partners is ‘actively talking’ to about 10 Indonesian companies operating in the food and agriculture business for potential investments or partnership in an effort to get a bigger footprint in the country, its managing partner Tai Lin told this portal.
— Deal Street Asia

Proposed Bali sex ban for unmarried Australians
Sex between unmarried couples could soon be outlawed in Indonesia, with a petition to change the criminal code being put forward to Indonesia’s Constitutional Court this year.
— 9Honey

Insight: Financing strategy for a climate-resilient Indonesia
On the sidelines of the United Nations General Assembly last week, I spoke with business leaders at the Bloomberg Forum to underscore Indonesia’s commitment to its climate-resilient future.
— The Jakarata Post

BITCOIN LEGALIZATION UPDATE: MALAYSIA, UKRAINE, AND INDONESIA
This past week produced some mixed news for the Bitcoin community, with one win and two losses. While the Malaysian government has reportedly given the green light to legalize the use of Bitcoin within the country, the Ukrainian and Indonesian central banks have declared that they refuse to recognize the cryptocurrency as a means of payment.
— Bitcoinist

Indonesia in sugar, pesticide deal
INDONESIA has implemented the agreement it has with Australia to reduce tariffs on the import of Australian raw sugar.
— PNG Industry

Developers helping Vietnam, Indonesia with highway plans
Taiwanese developers are assisting Vietnam and Indonesia with highway construction planning as part of the New Southbound Policy, a government official involved in the projects said on Saturday.
— Taipei Times

Fadli Zon: The Ordering of 5,000 Firearms Illegally is Dangerous
The statement of TNI Commander General Gatot Nurmantyo regarding the inclusion of 5000 illegal firearms has received responses from various parties, one of whom is Vice Chairman of the House Fadli Zon.
— Netral News

Stock Exchange: Tugu Pratama Indonesia to IPO in H1-2018
Tugu Pratama Indonesia, an Indonesia-based general insurance company, announced it will not conduct its initial public offering (IPO) on the Indonesia Stock Exchange in 2017 as initially targeted. Instead, it now targets to become a publicly listed company in the first half of 2018. Corporate Secretary Syaiful Azhar said there were several internal and external obstacles that blocked the IPO.
— Indonesia Investments (media release)

BI cuts key rate to boost recovery
The Bank Indonesia (BI) Board of Governors Meeting from Sept 20 to 22, 2017 decided to lower the BI 7-day Reverse Repo Rate by 25 basis points (bps) from 4.5 percent to 4.25 percent.
— Antara News

Indonesia overall champion in ASEAN Para Games
Indonesia emerged as the overall champion in the 9th ASEAN Para Games 2017, after winning 117 gold medals, 69 silver, and 46 bronze medals.
— Antara News

Owner of Islamic matchmaking site arrested, charged under Pornography Law
The Jakarta Police arrested on Sunday Aris Wahyudi for allegedly establishing a prostitution site under the guise of a matchmaking website.
— The Jakarta Post

Britain Ready to Share Digital Government Expertise With Indonesia
Liam Maxwell, national technology adviser to the British government, highlighted the importance of open-source government as a catalyst to deliver effective services, during a visit to Jakarta on Tuesday (19/09).
— Jakarta Globe

Indonesia’s Retail Rice Market Slows Down Due to Risk of Obesity: Mintel
The retail rice market in Indonesia has experienced a slow growth rate over the past five years as urban Indonesians increasingly avoid high carbohydrate intakes due to an increased risk of obesity, research from global market intelligence firm Mintel showed.
— Jakarta Globe

 

Feature photo Royal Netherlands Institute of Southeast Asian and Caribbean Studies
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. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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