Indonesia Morning News For April 19

Indonesia Morning News For April 19

Indonesia morning newsIndonesia seeks to limit cash transactions to fight bribery
Indonesia’s government has proposed a law to parliament to limit cash transactions to curb bribery and money laundering in Southeast Asia’s biggest economy, the head of the country’s anti-money laundering watchdog said on Wednesday.
— Reuters

West Java has largest number of officials charged with corruption
The Corruption Eradication Commission (KPK), after more than a decade in operation, said 12 regional leaders in West Java had been implicated in corruption.
— Antara News

Police to release super-yacht Equanimity seized in Bali
Indonesian police will release super-yacht Equanimity back to its rightful owner, Equanimity Cayman Limited, after the South Jakarta State Court ruled that the vessel was not linked to 1 Malaysia Development Berhad (1MDB), the New Straits Times Online reported.
— Thai PBS

Indonesia shipped 8.6 mln t nickel ore since 2017 policy shift -Mining Ministry
Indonesia exported 8,637,595 tonnes of nickel ore up to March 31, 2018 since its ore export policy was revised in January 2017, data from the mining ministry showed.
— Reuters

Apple to set up IT center in Indonesia
US tech giant Apple Inc. has set its sights on Indonesia as the location of its third largest IT center in the world, following the establishment of similar centers in Brazil and Italy, the Industry Minister has said.
— The Jakarta Post

Five Chinese companies to invest in North Kalimantan Province
A total of five Chinese companies have signed several memoranda of understanding with the Indonesian government and will immediately invest in several fields in North Kalimantan Province.
— Antara News

Facebook Indonesia Faced with 30 Day Moratorium Deadline
The talks of a Facebook moratorium have emerged in the hearing between Facebook management and House of Representatives (DPR)`s Commission I.
— Tempo.co

LRT fare expected to be Rp 10,000: Jakpro
City-owned construction company PT Jakarta Propertindo (Jakpro) has said the light rapid transit (LRT) fare is expected to be around Rp 10,000 (73 US cents) without a subsidy from the Jakarta administration.
— The Jakarta Post

Stage is set for another clash of the Indonesian Titans
After months of rumors over who Gerindra (the Great Indonesia Movement Party) would choose to run on its ticket for next year’s presidential election, party chairman Prabowo Subianto has been named.
— UCA News

Indonesia car sales fall 0.65 pct in March y/y
Car sales in Indonesia fell 0.65 percent in March from a year earlier, according to data from Indonesia’s car association, cited by the biggest car distributor PT Astra International on Wednesday.
— Reuters

Palm Oil Battling Image Problem Seeks to Tap Green Energy Demand
Japanese scientists are encouraging Southeast Asia’s palm oil producers to chop down trees to help save forests.
— Bloomberg

Indonesian parliament demands Facebook hand over audit on data leak
The Indonesian parliament has demanded Facebook to hand over its audit on the data leak that had affected millions of users.
— Vietnam Plus

US, Indonesia negotiating exchange of country-by-country tax reports
The US IRS on April 17 announced that it has entered into negotiations with Indonesian tax authorities for the exchange of country-by-country tax reports on multinational firms.
— MNE Tax

After beating Uber, Grab faces bigger rival in SE Asia
The Southeast Asian ride-hailing market was jolted by the recent announcement of Uber’s retreat from the region.
— The Nation

Indonesia stocks higher at close of trade; IDX Composite Index up 0.54%
Indonesia stocks were higher after the close on Wednesday, as gains in the Basic Industry, Financials and Manufacturing sectors led shares higher.
— Investing.com

In one month, Facebook doubled the countries using its fact-checking tool — all outside the West
What started as a pilot project 16 months ago is now one of Facebook’s primary weapons against fake news.
— Poynter (blog)

Indonesia Decision Guide: Anti-Inflation Steps Mean BI Can Hold
Indonesia’s central bank is in no rush to pull the interest rate trigger just yet, thanks in part to the government.
— Bloomberg

Indonesia Can Attract 100,000 Foreign Tourists by Becoming MotoGP Host
Indonesia Minister of Tourism Arief Yahya strongly supports the hosting of MotoGP race in Indonesia.
— Netral News

MNC Prepares IDR 489.6 B Rights Offering
Bank MNC International is preparing to hold rights offering procedure to issue new shares worth IDR 489.6 billion. The bank plans to hold the corporate act in June this year.
— Tempo.co

Gov’t Gives Additional Joint Leave for Eid
The government added three more days of joint leave for Eid al-Fitr holiday that falls on June 14 and June 15, 2018.
— Tempo.co

Alleged credit cards thieves reaped Rp 500 million from their crimes
The Jakarta Police have arrested three alleged credit card data thieves who reportedly reaped more than Rp 500 million (US$36,305) from their crimes.
— The Jakarta Post

Indonesia is on path to joining the Trans-Pacific Partnership, finance minister says
Indonesian Finance Minister Sri Mulyani Indrawati has said her country wants to join the Trans-Pacific Partnership (TPP), but is not yet ready to do so.
— CNBC

Mob burns down election offices after lawsuit over election dispute rejected
Supporters of regent and deputy regent candidates in Central Mamberamo regency have allegedly protested violently over a Constitutional Court (MK) ruling that an independent pair is not eligible to participate in the upcoming regional elections.
— The Jakarta Post

Indonesia’s Economy Shows Real Signs of Acceleration
Economic data released so far this year shows a pick-up in the growth of Indonesia’s economy.
— Jakarta Globe

Desperation in the Indonesian diaspora
In 2012, Dino Patti Djalal, then the Indonesian ambassador to the United States, launched the first Congress of Indonesian Diasporas.
— News Mandala

Sumatra’s Magic Mountains
In Sumatra, animism lingers alongside Islam. That combination could be wildlife’s best chance for survival.
— The Diplomat

 

Feature photo Asian Development Bank

 

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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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