Indonesia Morning News For September 5

Indonesia Morning News For September 5

Indonesia morning news

Indonesia’s Digital Economy: Bridging The Digital Divide
Nearly 20 years since the country’s reformasi, it is worth asking whether the internet has led to greater inequality in Indonesia, and what can be done about it.
AEC News Today

Stop talking politics, start investing: Jokowi to businesspeople
Jokowi said he would hold a road show to meet with businesspeople in a number of cities in September to encourage them to invest.
The Jakarta Post

Indonesia foreign minister flies to Bangladesh after Myanmar visit on Rohingya
Indonesia’s foreign minister will fly to Bangladesh on Tuesday for talks following her visit to Myanmar where she urged national leader Aung San Suu Kyi to end ongoing violence against the Rohingya Muslim minority.
Reuters

Indonesia eases investment rule
Indonesia’s financial regulator has changed its rules governing investments by non-bank financial institutions, according to a new regulation signed last week, in a move aimed at getting those firms to support government infrastructure projects.
Straits Times

Exclusive: Indonesia’s Pertamina receives first license to export gasoil – sources
Pertamina is typically an importer of gasoil, as diesel is called in most Asian markets, but inbound shipments have declined over the years as it ramped up refining output and demand from the mining sector slowed.
Reuters

Money briefs: Indonesia’s inflation rate slows in August
Indonesia’s annual inflation rate slowed slightly last month as food prices fell on a monthly basis, the statistics bureau said yesterday.
Straits Times

Indonesia’s manufacturing sector shows signs of rebound
The Nikkei-Markit manufacturing purchasing managers’ index for Indonesia lifted to 50.7 in August from 48.6 July, climbing above the 50-point line that separates expansion from contraction.
Financial Times

CMPP Leads Monday’s Top Gainers on Back of Indonesia AirAsia’s Backdoor Listing
The perpetual securities acquired by Rimau Multi Putra Pratama will be converted into 241,067 shares in IAA with a conversion rate of IDR10.789 million per share.
Netral News

Japan’s Toppan bets big on Indonesia with packaging acquisition
The printing company announced on Aug. 24 that it will spend about 10 billion yen ($90 million) to buy Karya Wira Investama Lestari, an Indonesian manufacturer of food packaging materials with annual sales of 13 billion yen.
Nikkei Asian Review

Indonesia’s Aug Sulawesi cocoa exports fall 48 pct y/y – industry data
Exports of cocoa beans from Indonesia’s main growing island of Sulawesi in August fell 48 percent to 5,915.76 tonnes from a year earlier, industry data showed on Monday.
The Times of India

Air China Poised to Launch Beijing-Jakarta Non-Stop Route Explore the Old Maritime Silk Road
Air China will launch a new non-stop route between Beijing and Jakarta with a total flight time of 7 hours.
Business Insider

Indonesia Power Set on Issuing Asset-Backed Securities worth IDR4 Tln
The fund from the issuance of EBA is planned to be used to support the development of several new power plants, including Suralaya Power Station 9 and 10 units with capacity of 2×1000 MW
Netral News

Equis signs PPAs for 42 MW in Indonesia
Equis Energy has signed PPAs with utility PT PLN to develop 42 MW of solar capacity at multiple locations, including what will be the largest PV project in Indonesia.
PV Magazine

Indonesia-listed firms sit on $70b cash but perform limited M&A activity: Bain report
Despite sitting on a huge cash pile of $68.6 billion as on 2016, Indonesia-listed companies remain the least active acquirers among their Southeast Asian counterparts.
Deal Street Asia

Indonesia And America Draw New ‘Red Lines’ In South China Sea
Indonesia’s and America’s moves come a year after Philippines and its close ally, the U.S., won an international arbitration ruling that China has no historic title over the waters of the South China Sea.
Forbes

Indonesia Condemns North Korea’s Sixth Nuclear Test
Indonesia also said the tests “endanger the environment and health of the world’s population” due to the release of radioactive particles, and break the existing Security Council resolutions concerning on nuclear weapons.
Jakarta Globe

Indonesia to talk at UN forum on palm oil
GAPKI chairman Joko Supriyono is scheduled to speak on Sept. 6 about the actions and roles of businesspeople related to sustainability issues of the commodity, the largest contributor to the country’s foreign exchange.
The Jakarta Post

Indonesia plans new push for sports development after poor showing at SEA Games
The move came following Indonesia’s participation in the SEA Games in Malaysia last month, during which the country’s athletes failed to meet targets.
Xinhua

Indonesia eyes more tourists from India
Based on Central Statistics Agency [BPS] data, the number of Indian tourists in Bali until June is 129,727 people, up by 39.9 percent from the same period last year.
The Jakarta Post

After political storm, Indonesia president faces economic clouds
The quietly spoken former furniture salesman may have proved his political mettle, but his next challenge is an economy that refuses to respond to conventional policies to fire up growth.
Reuters

‘We’d rather die than lose’: villagers in Indonesia fight for a land rights revolution
A small community on the island of Sumatra is at the heart of a battle for traditional territories that could finally resolve the muddled and exploitative system of laws governing land ownership in Indonesia
The Guardian

 

Feature photo Anthony C
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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