Indonesia Morning News For September 27

Indonesia Morning News For September 27

Indonesia morning newsADB Maintains Indonesia’s Growth Forecast, Expects Tamer Inflation
The Manila-based Asian Development Bank has decided to maintain its forecast for Indonesia’s gross domestic product growth at 5.1 percent this year and 5.3 percent next year on the back of strong fixed investment and net exports, the lender said in an update of its flagship report, published on Tuesday (26/09).
— Jakarta Globe

Indonesia’s GMF AeroAsia raises $95m in IPO, far less than planned
Indonesia’s Garuda Maintenance Facility AeroAsia (GMF AeroAsia) has raised just 1.27 trillion rupiah ($95 million) from its IPO, IFR reported, substantially less than what the maintenance subsidiary of PT Garuda Indonesia Tbk had hoped for.
— Deal Street Asia

Indonesia and India agree to break down regulatory barriers
India has voiced its concerns over the level of market access given by Indonesia to its businesses.
— Food Navigator Asia

Indonesia Climbs Up Global Competitiveness Ladder: WEF Report
Indonesia’s competitiveness has improved over the past year, on the back of the country’s large market, robust macroeconomic environment and notable efforts to improve business sophistication, according to a report by the World Economic Forum, published on Wednesday (27/09).
— Jakarta Globe

Jokowi to hand over Rp 7.1b to Mount Agung evacuees
President Joko “Jokowi” Widodo is scheduled to deliver humanitarian aid to Mount Agung evacuees during his visit to Bali on Tuesday.
— The Jakarta Post

Explosive plan for Indonesian fisheries
Feisty fisheries and maritime minister Susi Pudjiastuti may have earned a reputation for blowing up hundreds of foreign fishing boats caught intruding in Indonesian waters, but with the national catch now again on the rise she is going one step further with plans to ban all exports of frozen fish.
— Asia Times

Government`s debts reach Rp3,825.79 trillion in August: Ministry
Directorate General of Financing and Risk Management of the Ministry of Finance noted that the central governments debts until August 2017 have amounted to Rp3,825.79 trillion.
— Antara News

Oil-Fueled Cars Will No Longer be Produced?
Minister of Energy and Mineral Resources Ignasius Jonan proposed to President Joko “Jokowi” Widodo for oil-fueled cars no longer be produced by 2040.
— Netral News

Textile and Textile Product Industry’s Export Reaches $7 Bln in First Semester of 2017
The national textile and textile industry (TPT) continues to show positive performance, both in domestic and export markets. In the first half of 2017, the growth rate of the export-oriented labor-intensive sector has increased by 1.92 percent to US $7 billion year on year.
— Netral News

Rupiah Exchange Rate Depreciates on Speculations of The Fed Monetary Policy Direction
The rupiah exchange rate traded interbank in Jakarta on Tuesday (9/26/2017) afternoon, dropped by 46 points to IDR13,370 compared to IDR13,324 per US dollar.
— Netral News

JCI Closes Dipping 0.52 Percent due to the Decline of 238 Stocks’ Prices
The Jakarta Composite Index (JCI) is closed decreasing by 30.65 points or 0.52 percent to 5,863.96 at the end of stock trading at the Indonesia Stock Exchange (IDX) on Tuesday (9/26/2017). Only 91 stocks rose. Meanwhile, 238 stocks fell, and 109 stocks were unchanged.
— Netral News

Report reveals 38 deaths linked to lack of healthcare services in Yahukimo
Thirty eight residents in Semenage district, Yahukimo, Papua, were reported to have died during the May-August period due to sickness and poor access to healthcare services.
— The Jakarta Post

Foreign investors still see good prospects in Indonesia: Central bank
Bank Indonesia (BI) is of the opinion that foreign investors still see as good the countrys economic prospects despite the slow down in the past two years with an annual growth of around 5 percent.
— Antara News

Indonesia Furniture Market by Revenue is Expected to Reach USD 5,000 Million by 2021: Ken Research
Indonesia Furniture Market Segmentation by (Organized, Unorganized), by End Users (Home, Office, Hotel, Industrial), by Cities (Jakarta, Tangerang, Bekasi, Depok, Bogor), by Product Categories (Bedroom, Living Room, Dining Room, Kitchen), by major players (IKEA, Informa, Fabelio, High Point Group, Da Vinci Group, Republic Furniture Jepara, Olympic Group, Wisanka Indonesia, VIVERE, Raisa House of Excellence, Lio Collection)
— Market Watch

Indonesia-Japan to enhance cooperation in health sector
Indonesia has enhanced cooperation in health sector with Japan and sent nurses to the country, Coordinating Minister for Human Development and Culture Puan Maharani said.
— Antara News

Singapore, Indonesia submit third sea border treaty to UN
The foreign ministers of Singapore and Indonesia on Monday jointly submitted a treaty that clarifies their sea border in the eastern part of the Strait of Singapore to the United Nations for registration, according to a statement released by the two nations’ foreign ministries.
— The Straits Times

 

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. Since 2010 she has worked as a freelance screen writer for ‘Nollywood’, Nigeria.

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