Indonesia morning news for August 3

Indonesia morning news for August 3

Indonesia morning newsJokowi: B20 Fuel Policy Can Save up to US$5.9 Billion
President Joko `Jokowi` Widodo requested the automotive industry to support the government`s attempt upon the implementation of the B20 biodiesel fuel.

Advancing Gender Equality Could Mean $135b GDP Boost for Indonesia: McKinsey
Indonesia could add $135 billion to its annual gross domestic product by 2025 if it can improve gender equality in the workplace, McKinsey Global Institute said in a report unveiled in Jakarta on Wednesday (01/08).
— Jakarta Globe

Indonesia ships 5,600 tons of shallots to Thailand
Indonesia on Wednesday sent 5,600 tons of shallots to Thailand, the first shipment in a total of 9,000 tons of shallots to be exported to the country this year.
— The Jakarta Post

Indonesia’s Foreign Ministry looks into case of 12 women allegedly sold to Chinese men
Indonesia’s Foreign Ministry is looking into a report of dozens of Indonesian women who allegedly fell victim to human trafficking and physical abuse after becoming involved in contract marriages with Chinese men, a top diplomat says.
— The Nation

Shariah investments continue growth spurt in SE Asia
Shariah-compliant investments are gaining further ground in Asia – with growth from Islamic finance powerhouse Malaysia particularly strong and rising amounts of business from Indonesia – according to research published this week.
— International Investment

Experian Invests US$ 28 Million in Financial Startup
Experian, an information and analytics service, led the C Series investment of US$28 million to C88 Financial Technologies Group, the parent company of
— Netral News

Indonesia’s list of protected flora, fauna species grows from 294 to 921
An updated list of protected flora and fauna has seen a jump in the number of species, from 294 in 1999 to 921 this year.
— The Jakarta Post

Ministry of Communications and Informatics highlights significance of cybersecurity in the utilisation of ICT in Indonesia
Ministry of Communications and Informatics feel optimal utilisation of ICT can be achieved by addressing cybersecurity.
— Open Gov

Indonesia to invest in Colombo Financial City
Indonesia’s Vice Foreign Minister AM Fachir says he would not rule out investments from businessmen of his country in the Colombo Financial City, being built with Chinese assistance.
— The Phnom Penh Post

PGN to File Lawsuit against Petronas for Business Woes
State-owned gas distributor Perusahaan Gas Negara (PGN) is set to file an arbitrary action against Petronas Carigali Muriah Ltd, which is a part of a Malaysian energy company Petronas, to the Hong Kong International Chambers of Commerce (ICC).

West Jakarta Metro Police Destroy IDR20 Billion worth of Ecstasy Pills, Crystal Meth
West Jakarta Metro Resort Police destroyed evidence of narcotics of marijuana, methamphetamine (meth) and ecstasy from 11 perpetrators arrested in June and July 2018.
— Netral News

Anies Inaugurates Rp 418b Asian Games Equestrian Venue in East Jakarta
Governor Anies Baswedan inaugurated the Rp 418 billion ($28.8 million) Jakarta International Equestrian Park in Pulomas on Thursday (02/08).
— Jakarta Globe

Asia dominates vegetarian markets but understanding local factors crucial for sales success
Four of the top five global vegetarian markets are in Asia, but experts have cautioned that industry needs to be aware of particular national trends to maintain sales success.
— Food Navigator-Asia

Appeal Rejected, Supreme Court Instructs PKS to Pay IDR30 Billion to Fahri Hamzah
The Supreme Court (MA) for the third time rejected the appeal filed by the Prosperous Justice Party (PKS) concerning the dismissal of the Deputy Speaker of the House Fahri Hamzah as a party cadre.
— Netral News

Raped and Jailed: Indonesian Girl’s Plight Prompts Call to Legalize Abortion
Calls to decriminalize abortion grew louder in Indonesia on Wednesday (01/08) after a teenage girl who was raped by her brother was jailed for six months for terminating her pregnancy, sparking anger among activists who demanded her immediate release.
— Jakarta Globe

Rokan Block to Cut Pertamina Crude Imports by 100,000 Bpd: Official
Pertamina expects production from the Rokan oil block to reduce its crude oil import needs by around a quarter, said Daniel Syahputra Purba, senior vice president for strategic growth at the state-owned energy company.
— Jakarta Globe

Partnering with EMR, Adaro Energy Acquires Kestrel Coal Mine
PT Adaro Energy Tbk (IDX:ADRO) and EMR Capital Ltd completed the acquisition of 80 percent of Rio Tinto’s ownership of Kestrel Coal Mine.
— Netral News

Indonesia, Switzerland establish chamber of commerce
Indonesia and Switzerland have established the Swiss Indonesia Chamber of Commerce (SwissCham Indonesia) to enhance bilateral trade, investment and other relations between the two countries.
— The Jakarta Post

The Hunt for the Ancient ’Hobbit’s’ Modern Relatives
At first, the skeleton looked like a child’s. Uncovered in the gaping Liang Bua cave on the Indonesian island of Flores, the female hominin would have stood just 3.5 feet tall in life.
— National Geographic

Indonesia makes great progress in financial inclusion: IFC
Indonesia has made great progress in financial inclusion, but more needs to be done to bridge the financial access gap.
— Antara News

“Indonesia’s pharmaceutical market is projected to grow by 10% per annum to be worth more than US$12 billion by 2022, driven largely by growth in the domestic market for generic drugs and increasingly accessible healthcare country-wide.
— Post and Parcel

Time’s running out but no progress from Indonesia on rhino conservation cooperation – Bora
There has been a lot of talk about possible collaboration between Malaysia and Indonesia over rhinoceros conservation but it appears there hasn’t been much change.
— New Straits Times

Jokowi opens Indonesia’s largest automotive expo
President Joko “Jokowi” Widodo opened on Thursday the 26th Gaikindo Indonesia International Auto Show (GIIAS), one of the biggest automotive expos in the country, which will take place until Aug. 12.
— The Jakarta Post

JD’s unmanned store moves into Indonesia in first overseas expansion
Chinese ecommerce giant JD has announced the opening of unmanned store JD.ID X-Mart in Jakarta, Indonesia.
— TechNode

US State Secretary Pompeo to Visit Jakarta This Week
Foreign Minister Retno Marsudi is going to meet with her American counterpart, Michael Pompeo, in Jakarta this weekend to discuss ways to strengthen the Indonesia-US strategic partnership and Indonesia’s Indo-Pacific cooperation concept.
— Jakarta Globe

Indonesia to hold int’l conference on creative economy in November
The Resort island of Bali will host Indonesia-initiated World Conference on Creative Economy in November this year with preparatory sessions already underway in the last several months, a statement released by Indonesia Foreign Ministry said here on Thursday.
— Xinhua

Formation of opposition coalition unlikely to weaken Indonesian government stability, presidential-candidate nomination signals closely contested election
On 31 July 2018, Indonesia’s Democratic Party, thus far unaligned in the parliament, stated its intent to support the main opposition Gerindra Party in the April 2019 presidential election.
— IHS Jane’s 360

Indonesian police work with Philippine authorities to probe alleged implication of national in suicide attack
National police of Indonesia has joined hands with Philippine authorities to investigate a suicide bombing allegedly staged by an Indonesian citizen on Tuesday in the Philippines, Indonesian police officer said here Thursday.
— Xinhua

Diaspora Indonesia, Home Ministry sign MoU on “sister city”
The Diaspora Business Council of Indonesia (IDBC) signed a Memorandum of Understanding with the Ministry of Home Affairs to facilitate the enhancement of sister city cooperation between local governments in Indonesia and Australia .
— Antara News

Exceeding Target, Pertamina EP Asset 4 Oil and Gas Production Grows 110 Percent
PT Pertamina EP through Asset 4 unit as of the end of July 2018 posted a positive performance.
— Netral News

Unleashing the capabilities of women-led SMEs in Indonesia
Despite the substantial contribution of women-led or -owned small and medium enterprises (WSMEs) to the Indonesian economy, their aspirations are not effectively facilitated by policymakers.
— East Asia Forum

72 Indonesian students receive scholarships from Taiwan government in 2018
72 Indonesian students who received 2018 Taiwan Scholarships had a pre-departure briefing session with The Taipei Economic and Trade Office (TETO) in Indonesia.
— Taiwan News

Third alliance may emerge in 2019 Indonesian presidential election contest
A third alliance may emerge to contest Indonesia’s presidential election next year, which until recently had largely been expected to be a two-way battle between President Joko Widodo and Gerindra Party chief Prabowo Subianto.
— The Straits Times


Feature photo Club Med UK


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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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