Kediri to develop US$347 million airport
The Committee for the Acceleration of Priority Infrastructure Delivery (KPPIP) has confirmed that the government will include an airport project in Kediri, East Java, on its list of national strategic projects.
— The Jakarta Post
BNI posts Rp7.4 trillion in net profit
State lender, Bank Negara Indonesia (BNI), saw its first-semester net profit increasing by 16 percent to Rp7.44 trillion year on year (yoy), fueled by a 13.3 percent rise in net interest income (NII).
— Antara News
Indonesia revises requirements on horti import permits
The Indonesian Ministry of Trade (MOT) recently issued revised requirements to obtain import permits for horticultural products.
— Fresh Plaza
Indonesia – Government publishes new draft data protection law
The Government has issued a new version of a draft personal data protection law, which has extraterritorial reach.
— Lexology
MOF: Realization of Regional Transfer, Village Fund Reaches IDR385.57 Tln in H1
Finance Minister Sri Mulyani explained that the realization of budget allocation of Regional Transfer and Village Funds (TKDD) as of June 30, 2018 reached IDR385.57 trillion or 50.33 percent of the TKDD ceiling amounting to IDR766.16 trillion in 2018 State Budget.
— Netral News
Indonesia’s rate hikes not helping rupiah, coconuts
IN INDONESIA, a nation of about 17,000 islands, it’s getting tough to even make a few bucks from a coconut these days.
— BusinessWorld Online
Apartment Sales Slump in H1 2018, No Sign of Recovery: JLL Research
Apartment sales in Jakarta slumped in the first half of this year, due to a lack of confidence among top-tier buyers to commit to big-ticket purchases amid economic and political uncertainty, property consultancy Jones Lang LaSalle said on Wednesday (18/07).
— Jakarta Globe
Indonesia’s top telecom opens up e-wallet to rivals’ customers
Indonesia’s largest mobile operator, Telkomsel, is opening its electronic payment platform to customers of rival carriers as it seeks to unlock a rich trove of user data.
— Nikkei Asian Review (paywall)
Bid to revive Indonesia property market highlights central bank’s policy dilemma
As Indonesia’s central bank drives up interest rates to defend a fragile currency, Governor Perry Warjiyo is banking on a revival of the sluggish property sector to help maintain growth momentum in Southeast Asia’s biggest economy.
— Reuters
Asian Games torch goes on month-long relay through Indonesia
The Asian Games torch is headed out on an 18,000-kilometer journey around Indonesia after ceremonies at an ancient temple where its flame was combined with a sacred Javanese fire.
— Yahoo News
Indonesia offers N219 aircraft to Micronesia
Indonesia has offered N219 aircraft to the Federated States of Micronesia to help strengthen inter-island connectivity in the archipelagic state and meet its air transportation needs, President Joko Widodo stated.
— Antara News
Indonesia’s Pertamina to keep Aug gasoline imports steady at 10 mil barrels
Indonesia’s state-owned Pertamina plans to import around 10 million barrels of gasoline in August, unchanged from July, a trade source close to the company said.
— Hellenic Shipping News
Indonesia: Pre-Asian Games Police Killing Spree
Indonesia’s government should promptly and impartially investigate a surge of killings of criminal suspects by the Jakarta police, Human Rights Watch said today
— Human Rights Watch
Indonesia sees 7 brutal animal killings in 2018
Considered one of the richest countries in the world in terms of its biodiversity, Indonesia boasts a wide variety of flora and fauna.
— The Jakarta Post
Indonesia to auction 16 mining sites
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administration-owned enterprises (BUMD) as of the submission deadline on Tuesday.
— The Jakarta Post
Nothing new about Indonesia’s foreign worker language regulations
Just two days after Indonesia’s recently held Pilkada (local elections), Presidential Regulation 20/2018 on the use of foreign workers in Indonesia came into effect on 29 June 2018.
— East Asia Forum
Inside Indonesia’s ‘Double Burden’ Of Diseases
Communicable diseases such as diarrhoea and tuberculosis are on the decline in Indonesia, but new threats like diabetes are emerging.
— Asian Scientist
Palm oil from Indonesia’s shrinking forests taints global brands: report
Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.
— Reuters
Third Leaders’ Retreat between PM Lee and Jokowi will be in Bali on Oct 11, says DPM Teo Chee Hean
Singapore Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo will meet on Oct 11 in Bali for their third Leaders’ Retreat in as many years, said Deputy Prime Minister Teo Chee Hean.
— The Straits Times
Cement Sales in Indonesia Rather Flat in First Half 2018
Indonesian cement manufacturers remain optimistic that domestic cement consumption in Indonesia will rise more markedly in the second half of the year.
— Indonesia Investments (media release)
Indonesia, Micronesia sign visa-free agreement for diplomatic, service passport holders
Indonesia and the Federated States of Micronesia have signed a memorandum of understanding (MoU) on providing free visas to diplomatic and service passport holders.
— Antara News
150 RICHEST INDONESIANS
While consumption growth might have slowed, the banking industry still posted about 30% growth in terms of revenue and profit last year, dramatically impacting the brothers’ wealth in 2018.
— Globe Asia
Indonesia to build telecommunications towers to provide access to Seruyan
Ministry of Communications and Informatics aims to better access of mobile networks in Seruyan and simultaneously accelerate development in the region.
— Open Gov
Indonesia invites Brunei to invest in “10 new Bali”
The Indonesian government will invite Brunei`s businessmen to invest in “10 New Bali” during the Indonesia-Brunei Darussalam Joint Commission for Bilateral Cooperation (JCBC) meeting in Jakarta on Friday (July 20).
— Antara News
Indonesia, Malaysia collaborate for conservation of Sumatran Rhinoceros
Indonesia and Malaysia are collaborating to conserve the Sumatran rhinoceros (Dicerorhinus sumatrensis), a joint effort to prevent the species from extinction.
— Antara News
BNI Credit Grows 11 percent in First Half of 2018
PT Bank Negara Indonesia (BNI) achieved an 11.1 percent credit lending growth in the first six months of 2018, from IDR 412.18 trillion in the first half of last year to IDR 457.81 trillion in the first half of this year.
— Netral News
Garuda Indonesia named World’s Best Cabin Crew for fifth consecutive year
National flag carrier Garuda Indonesia was named World’s Best Cabin Crew for the fifth consecutive year by London-based flight service rating agency Skytrax on Tuesday.
— The Jakarta Post
Indonesia invites Moon, Kim to Asian Games
The Indonesian government has extended its invitation to the leaders of the two Koreas to attend next month’s Asian Games to be held in Jakarta and Palembang, in South Sumatra, a high-ranking official revealed yesterday.
— The Straits Times
Anies Baswedan May be Sanctioned Over Dismissing City Officials
Jakarta Governor Anies Baswedan could be sanctioned for allegedly committing maladministration by reshuffling city officials.
— Tempo.co
88% of Indonesians support increasing the price of cigarettes: survey
One of the main factors contributing to Indonesia having some of the highest smoking rates in the world is the relatively low cost of cigarettes, which keep them within the reach of even the country’s poorest citizens.
— Coconuts Jakarta
China, S. Korea show interest in North Sumatra LRT project
The North Sumatra government offered a 160-kilometer light rail transit (LRT) project, connecting the provincial capital of Medan to the Lake Toba resort area, to representatives of countries attending the Asia Europe Meeting-Transport Senior Officials Meeting (ASEM-TSOM) in Medan.
— The Jakarta Post
Asian Games venues ‘95pc ready’ but potential pitfalls remain
Asian Games venues will be ready before Indonesia hosts the showpiece event in a month, organisers say, but the threat of terror attacks and endless traffic jams still looms over the huge tournament.
— Malay Mail
7 Indonesian Products Take Part in the G-Mark International Design Competition
7 winning products of Good Design Indonesia event (GDI) 2018 are ready to compete in the G-Mark international design competition in Japan, comprising one winning product of GDI of the Year and six GDI Best winning products.
— Netral News
Indonesia’a Bandung to host world music festival in July
Indonesia’s West Java capital of Bandung was scheduled to host 2018 Matasora World Music Festival (MWMF) from July 21 to 22 in which musical groups of 15 nations would join, the organizer said.
— Xinhua
Feature photo Andrew H
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.
Indonesia morning news for July 19 added by Stella-maris Ewudolu on
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Stella-maris Ewudolu
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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