Indonesia Morning News For February 19

Indonesia Morning News For February 19
Estimated Reading Time: 3 minutes |

Indonesia morning newsIndonesia`s cellphone imports drop
Indonesia`s cellphone imports have dropped drastically to 11.4 million with total domestic production reaching 60.5 million units for 34 brands in 2017 from 18.5 million units with domestic production at 68 million units.
— Antara

Agriculture Minister Claims Corn Export Reaches Four Million Tons
Suppressing imports and strengthening exports in the domestic agricultural sector seems like a pipe dream, in fact rice is still imported amounting to 500,000 tons. However, regarding the data on rice imports, Minister of Agriculture Amran Sulaiman dismissed it.
— Netral News

Trade Deficit Reflects Production Needs: Sri Mulyani
Finance Minister Sri Mulyani Indarwati commented on the data released by Central Statistic Agency (BPS) saying Indonesia’s trade deficit reached US$676.9 million in January 2018.
— Tempo

More giants pour money into Indonesia’s Go-Jek
PUBLICLY-listed diversified conglomerate Astra International announced last week that it is investing US$150mil in Go-Jek, adding to the list of big companies investing millions of dollars in the tech startup.
— The Star Online

Walton starts export of fridge parts to Indonesia
Industry insiders said the local brand Walton is opening up a new era in the country’s electronics manufacturing industry.
— Dhaka Tribune

Vietnamese Regulation May Cause Potential Loss of $85 Mln for Indonesia Car Exports
Indonesia’s car exports to Vietnam are threatened to stop following import regulations for passenger cars and knock-down cars by the country’s government.
— Netral News

BPS: Papua Exports Drop 50.80 Percent
Statistics Central Agency (BPS) of Papua Province revealed that Papua exports in January 2018 plummeted up to 50.80 percent or from US$ 536.72 million in Desember 2017 to US$ 264.49 million.
— Tempo

Accidents mar Indonesia’s fast-and-furious infrastructure program
A string of accidents is threatening to undermine Indonesian President Joko Widodo’s signature infrastructure development drive.
— Nikkei Asian Review

Govt Expedites Construction of Three Dams in Sulawesi
Public Works and Public Housing Ministry (PUPR) will expedite the construction of three dams in South Sulawesi one of which is Paselloreng dam.
— Tempo

Goldmine partners Indonesia to spur sustainable trade
Goldmine Global Services has partnered Indonesian Trade Promotion Centre (ITPC) to promote opportunities in Africa and Indonesia.
— Business Day

Indonesia stock exchange targets 2 thousand investors from W Papua
The Indonesia Stock Exchange (BEI) has set a target of an increase of 2 thousand investors from West Papua Province by 2018.
— Antara

PTPP Continues Developing Power Generation Business
PT Pembangunan Perumahan Tbk (PTPP.JK) continues to expand its power generation business through its subsidiaries.
— Netral News

More Permit Snag for Freeport Indonesia as Smelter Construction Stuck on Planning Stage
The Indonesian government still has not issued a new copper concentrate export permit for Freeport Indonesia — the largest gold and copper miner in the country, putting the company’s next overseas shipment in a lot of doubt.
— Jakarta Globe

Indonesia mulls a halt to sending domestic workers to Malaysia
Indonesia is mulling to impose a moratorium on sending domestic workers to Malaysia following the recent death of an Indonesian maid from alleged abuses by her employer in Penang, The Jakarta Post Online reported on Saturday (Feb 17).
— Thai PBS

Goldmine partners Indonesia to spur sustainable trade
Goldmine Global Services has partnered Indonesian Trade Promotion Centre (ITPC) to promote opportunities in Africa and Indonesia.
— Business Day

 

Feature photo Prayitno

 

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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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Sreypov Men

junior writer/ trainee journalist at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations. She commenced as an intern and was appointed as a junior writer/ trainee journalist on April 2, 2018

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