Indonesia Morning News For January 3

Indonesia Morning News For January 3

Indonesia morning newsIndonesia’s Blue Economy In Need of Good Governance
The ‘blue economy’ concept — a model of sustainable development concerned with the use of the coastal and marine ecosystem — gained prominence in Indonesia as one of the main components of President Joko (Jokowi) Widodo’s Global Maritime Fulcrum vision.
— AEC News Today

Investors Set Eyes on 5 Oil, Gas Blocks
Deputy Minister of Energy and Mineral Resources Arcandra Tahar said that investors were interested in five oil and gas working areas offered by the government.
— Tempo

Indonesia introduces new Internet censorship system
Indonesia’s Information and Communications Technology (ICT) Ministry is set to implement a new $14 million Internet censorship system from Wednesday.
— Arab News

Govt Wants 50 Companies to Go Public in 2018
The government is targeting to have more companies listed publicly in the Indonesia Stock Exchange (IDX) this year. Last year, 37 companies were recorded to have held initial public offerings (IPO).
— Tempo

Investors sounded out on Indonesian satellite
INDONESIA’S Investment Co-Ordinating Board (BKPM), with the Communications and Information Ministry, has held a pre-market sounding-out event for a public-private partnership (PPP) project on the procurement of a multifunctional satellite, an official said.
— The Nation

Energy ministry contributes 50 percent to non-tax state revenues
The Ministry of Energy and Mineral Resources (ESDM) has recorded that the value of its contribution to Non-Tax State Revenues (PNBP) in 2017 nearly accounted for 50 percent.
— Antara

Indonesia’s Dec annual inflation rate at 3.61%, above forecast
Indonesia’s annual inflation rate in December picked up pace for the first time since June as consumers shopped for year-end holidays, the statistics bureau data showed on Tuesday.
— Business Times

Indonesia launches rail service from Jakarta to country’s largest airport
Soekarno-Hatta connected with capital in one hour in effort to tackle gridlock.
— Nikkei Asian Review

KAI Subsidy Budget Up 14 Percent
The government will increase the subsidy budget or public service obligation (PSO) for PT Kereta Api Indonesia (KAI) in 2018.
— Tempo

Indonesia expecting to see a big-ticket recovery in 2018
Indonesia’s urban consumers will see better days in 2018 after nearly two years of weak income performance.
— Nikkei Asian Review

Indonesia to monetize infrastructure projects through LCS scheme
The Office of the Coordinating Economic Minister plans to monetize a number of infrastructure projects through the Limited Concession Scheme (LCS), kontan.co.id reported on Monday.
— The Jakarta Post

JK Hopes Capital Market Helps Stimulate Real Sector
Vice President Jusuf Kalla (JK) was present at the Indonesia Stock Exchange (IDX) building in an early-year trade ceremony of 2018, Tuesday (1/2/2018).
— Netral News

Gandul-Muara Karang Power Sub System Interrupted, PLN Switches Electricity Networks
A number of areas in Jakarta had experienced electricity disruption. This has impact on means of transportation that use electricity such as Commuter Line, locally known as KRL, which had stalled around Cisauk area.
— Netral News

Jakarta collects Rp36.1 trillion in taxes in 2017
The Jakarta administration has managed to collect Rp36.1 trillion in taxes in 2017, surpassing its target of 35.3 trillion by Rp1.2 trillion.
— Antara

Despite active Bali volcano, government wants tourists
It has been a lean tourist season on the Indonesian island of Bali due to an erupting volcano.
— Aljazeera

 

Feature photo World Bank/Nugroho Nurdikiawan Sunjoyo

 

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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Sreypov Men

junior writer/ trainee journalist at AEC News Today
Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages. She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018
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