Indonesia morning news for December 11

Indonesia morning news for December 11

Indonesia morning news

Indonesia’s e-commerce sales set to hit $65 bn in 2022
GLOBAL management consulting firm McKinsey & Company has forecast fast growth for e-commerce in Indonesia, predicting sales to reach US$65 billion (Bt2.13 trillion) annually by 2022, eight times the $8 billion recorded in 2017.
— The Nation

Lion Air’s Nov passenger numbers down less than 5% after Oct crash
LION Air said on Monday that passenger numbers dropped by less than 5 per cent in November compared to a year earlier, after one of its Boeing Co 737 MAX jets crashed in late October killing all 189 people on board.
— The Business Times

Indonesia’s October retail sales up 2.9pc y/y
Retail sales in Indonesia grew at a much slower pace at 2.9 percent in October from a year earlier, compared with an annual growth rate of 4.8 percent in September, a central bank survey showed on Monday.
— Business Recorder

Forex reserves recover by $2b in November
Bank Indonesia (BI) has announced a US$2 billion increase in foreign exchange reserves in November due to capital inflows from oil and gas exports and other foreign exchange revenue. The inflows exceeded outflows for foreign debt service.
— The Jakarta Post

Indonesia’s Pertamina signs SK, Hyundai for $4 billion refinery upgrade
Indonesian energy giant Pertamina on Monday said it appointed South Korea’s SK Engineering & Construction Co and Hyundai Engineering Co Ltd as engineering and construction contractors for its Balikpapan refinery upgrade.
— Reuters

Indonesia plans to make 30 percent biodiesel blend mandatory, studies B100
While the government expanded the mandatory use of a 20 percent biodiesel blend ( B20 ) in September, it plans to further boost domestic biodiesel consumption to absorb more crude palm oil (CPO) amid fluctuation in the global market price of the commodity.
— The Jakarta Post

Indonesia to build seven goods terminals in border areas
The Indonesian Transportation Ministry`s Land Transportation Directorate General said it will build seven goods terminals in border areas.
— Antara News

Indonesia c.bank says will intervene to stabilise rupiah
Indonesia’s central bank will intervene in the currency and bond markets to ensure the rupiah remains stable, a central bank official said on Monday.
— Nasdaq

Indonesia: Papuan Militants Kill 17
Indonesian police should investigate a Papuan armed group’s killing of at least 17 people, including a soldier, at a construction area in Nduga in Papua’s densely forested Central Highlands on December 2, 2018, Human Rights Watch said today.
— Human Rights Watch

52 Percent Respondents Say Corruption Up This Year: Survey
LSI in tandem with ICW have released a report on their latest study on the public’s perception of corruption.
— Tempo.co

Jakarta launches public order operation ahead of Christmas, New Year
The Jakarta administration commenced on Monday a public order operation against people who cause social and community problems (PMKS), the sale of alcoholic beverages, as well as street vendors and illegal parking.
— The Jakarta Post

746 Foreigners Denied Entry at Soekarno Hatta Airport in 2018
The Soekarno-Hatta immigration office is beefing up its monitoring against foreigners seeking to enter Indonesia without clear intentions.
— Tempo.co

Indonesia has highest CAPEX on crude and natural gas projects
Indonesia has the highest capital expenditure (CAPEX) on planned and announced crude and natural gas projects in Southeast Asia over the period 2018 – 2025, according to GlobalData, a leading data and analytics company.
— World Pipelines

Government Blocks Illegal FinTech Websites & Apps in Indonesia
Fintech (short for financial technology) is a relatively new global industry that uses technology to improve various activities in the finance sector.
— Indonesia Investments (media release)

Retail CDOs to Watch Indonesia, Philippines Markets in 2019
This year had been an interesting one for retailers. Trade wars, regulations, data breaches and aggressive moves by online retailers have made it a challenging year.
— CDO Trends

Indonesia ranked fourth as global coffee producer
Indonesia is currently placed fourth among the world`s biggest coffee producers, with an annual production of 600 thousand tons, constituting 6.6 percent of the global coffee production, West Java Provincial Secretary Iwa Karniwa stated.
— Antara News

Jakarta to hike parking rates next year, considering up to IDR 69k per hour in some areas
Do you think Rp 69k per hour for parking sound way too high or not high enough to make a dent in Jakarta’s traffic problem?
— Coconuts Jakarta (paywall)

Concern in Indonesia over Norway’s move against biofuels derived from deforestation
Indonesia’s government as well its palm oil producers have expressed concern that Norway may have set a precedent by becoming the first country in the world to exclude biofuels derived from deforestation.
— Intellasia

Indonesia Plans to Move Its Capital and Here’s How Investors Can Capitalise
Three propositions identifying three different cities as potential new capitals, all in the Indonesian state of Kalimantan, now sit on the president’s desk. Indonesia wants to move its capital, wholesale, to a city on the island of Borneo.
— Intellasia

Indonesia steps up search for Papua massacre victims
Indonesian security forces stepped up the grim search for victims of a massacre by suspected separatist rebels in restive Papua province, having retrieved 16 corpses so far, the military said.
— Intellasia

Ground-feeding birds in Southeast Asia may be going extinct outside protected areas
Nature reserves in large parts of Southeast Asia may be the last strongholds for charismatic ground-feeding birds such as quails, partridges and pheasants, together called galliforms, according to a recent study in Conservation Letters.
— Mongabay

Indonesia: Papuan Leaders Urge Rights Commission to Investigate Killings
Political leaders in Indonesia’s troubled Papua province urged the National Human Rights Commission on Monday to send a team to investigate violence in Nduga regency that killed about two dozen people this month.
— Benar News

SOE Minister: Balikpapan Refinery Project Can Create 14,000 Jobs
State-owned energy company Pertamina and a consortium have signed a contract for the Engineering, Procurement and Construction (EPC) of the Balikpapan Refinery Development Master Plan (RDMP).
— Netral News

Bandung Zoo celebrates sun bear’s birthday to respond to public concern
Bandung Zoo in West Java has celebrated the first birthday of Rika, a one-year-old female sun bear, in its bid to respond to public doubt regarding the health and wellbeing of the zoo’s animals.
— The Jakarta Post

Human Rights Day: Indonesia Refuses to Reconcile with Dark Past
Lemhannas Governor Agus Widjojo says Indonesia is not ready yet to reconcile with severe human rights violations in the past.
— Tempo.co

CCPI 2019: Emissions on Rise Again
The Climate Change Performance Index 2019 (CCPI)shows only a few countries have started to implement strategies to curb global warming.
— Tempo.co

Minister highlights problem of drug trafficking in villages
Villages, Development of Disadvantaged Areas, and Transmigration Minister Eko Putro Sandjojo highlighted the problem of drug trafficking in villages, with them becoming potential markets for dealers.
— Antara News

Indonesia’s crucial role in climate change: The Jakarta Post
The COP24 summit in Katowice, Poland, comes at a critical point in the battle to rein in the effects of climate change on our warming planet.
— The Straits Times

Indonesia ranked fourth as global coffee producer
Indonesia is currently placed fourth among the world`s biggest coffee producers, with an annual production of 600 thousand tons, constituting 6.6 percent of the global coffee production
— Antara News

Five saltwater crocodiles trapped in Riau`s Singingi District
Five saltwater crocodiles (Crocodylus porosus) were trapped in an irrigation dam for farming land in Kuantan Singingi District, Riau Province, amid flooding inundating the area, a local government official stated.
— Antara News

Indonesia wants to boost trade with SA
The Indonesian government wants to convince South Africa to loosen its regulations to allow the two countries to increase trade.
— City Press

Jokowi opens National Convention of Public Relations Officers
President Joko Widodo (Jokowi) officially opened a National Convention of Public Relations Officers at the State Palace, here, Monday.
— Antara News

Bali Hai Beer Taps into Russia Far East Market
Bali Hai has entered the Far East Russian market in Primorsky Krai.
— Tempo.co

Jusuf Kalla Talks of Decentralization, Its Links to Corruption
Vice President Jusuf Kalla has said the increasingly rife corruption in the country is the direct effect of reformation.
— Tempo.co

Govt Guarantees e-KTP Case Will Not Affect Voter List
A bag full of e-KTP blanks ready for distribution was found at a deserted field in Duren Sawit, East Jakarta, on Saturday, December 8.
— Tempo.co

Man arrested for distributing drugs for prison inmate
Police arrested a 19-year-old man on Jl. Pekapuran III in Tambora, West Jakarta, on Saturday for allegedly storing crystal methamphetamine on his motorcycle and getting ready to distribute it.
— The Jakarta Post

Jokowi Claims to Change Clothes Five Times a Day
President Joko Widodo or Jokowi said that in a day, he could change clothes more than five times.
— Tempo.co

Setara Institut Survey: Jakarta as Third Most Intolerant City
Setara Institute survey places Jakarta as the third most intolerant city.
— Tempo.co

Watch: Strong winds literally blow the roof off of outdoor food court in Kuningan
Scary stuff. Stay safe, folks!
— Coconuts Jakarta (paywall)

New ferry service connects Komodo National Park to Labuan Bajo
People can now more easily visit the National Komodo Park on Komodo Island, the habitat of the Komodo dragon as a new ferry service has been introduced, connecting Labuan Bajo tourist resort in East Nusa Tenggara province to the island.
— The Jakarta Post

Indonesian Products Begin to Enter Far East Russia
Indonesian products such as beer, coffee and furniture began to enter the Russian Far East market
— Tempo.co

Bus giant-affiliated TNKapital joins Indonesia VC space, eyes early-stage deals
Over the past year, Indonesia has seen the emergence of several new VC players, including a few that have been operating under the radar. One of them is TNKapital, an early-stage investor affiliated with one of the country’s largest bus operators.
— Deal Street Asia (paywall)

Bahar bin Smith Reported, Police Search for Video Uploader
Police are looking for the video uploader of Muhammad Bahar bin Smith`s religious lecture containing insults to President Jokowi.
— Tempo.co

Minister Rini: No Successful Companies Without Debt
The state-owned enterprises (SOEs) minister Rini Soemarno said she did not question the debt held by the state-owned companies
— Tempo.co

Here are the Five Types of Dishes that Use Snake Meat
Most people do not usually eat snakes, as these reptiles are not commonly consumed by the public in general. However, due to the belief that snake meat contains certain properties, many people have started eating snake meat.
— Netral News

 

Feature photo SWI Group

This week’s Indonesia morning news feature photo acknowledges International Mountain Day, December 11.

 

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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