Indonesia morning news for July 31

Indonesia morning news for July 31

Indonesia morning newsRp50 million government allocation set to repair Lombok`s quake-affected houses
The Indonesian government will provide Rp50 million aid for repairing each heavily damaged house due to the 6.4-magnitude earthquake that rocked East Lombok, President Joko Widodo (Jokowi) stated.
— Antara News

Bank Indonesia Records GPN Transaction Reaching IDR 11.5 trillion
Bank Indonesia recorded a transaction value through the National Payment Gateway (GPN) from October 2017 to June 2018 reaching IDR11, 58 trillion.
— Netral News

CNRP urges Indonesia to lead ASEAN addressing human rights issues
The opposition Cambodia National Rescue Party (CNRP) urged Indonesia to lead the ASEAN in addressing human rights violations in Cambodia, peaking during and after the election on July 29, that may threat regional stability.
— Antara News

Indonesia’s Lombok earthquake: Hundreds trapped on mountain
Hundreds of people, including a group of 239 from Thailand, are now making their way down a mountain on which they have been trapped since Sunday’s earthquake.
— Aljazeera

Indonesia unlikely to change coal supply, pricing rules until 2019
Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on Monday, amid government talks on how Southeast Asia’s biggest economy can increase export revenues.
— Today Online

Martial arts: Singapore submits bid to replace Indonesia as host of World Pencak Silat C’ships in December
The World Pencak Silat Championships could be coming to Singapore at the end of the year.
— The Straits Times (paywall)

Indonesia forest assessment casts an optimistic light on a complex issue
Indonesia has released its inaugural report on the state of its forests, highlighting recent successes in conserving an ecological treasure trove that makes up the third-largest span of tropical rainforest in the world.
— Mongabay

Bank Indonesia to leverage real-time data to better shape policies
Bank Indonesia is leveraging real-time data from platforms including online portals, social media, internet search data and satellite images, in a bid to help better shape its policies.
— Marketing Interactive

Indonesia cracks down on 227 illegal P2P lending companies, most of them originated from China
Indonesian financial service authority’s (OJK) special task force for investors protection discontinue the operations of 227 illegal P2P lending companies in the country, due to concerns about consumer protection and money laundering practices.
— e27

Pertamina builds projects valued at US$20 trillion in eastern Indonesia
State-owned oil company PT Pertamina has built 29 strategic projects worth Rp20 trillion in eastern Indonesia.
— Antara News

Indonesia’s logistics industry is expected to see continued double-digit growth this year, as a result of e-commerce demand and the government-supported investment in infrastructure.
— Post and Parcel

Cigarette Consumption Affects Indonesia`s Poverty Rate
Central Statistics Agency (BPS) chief Suhariyanto has revealed one item other than rice that remains a factor affecting Indonesia’s poverty: cigarettes.

Overdue Offerings May Derail Indonesia’s Fragile Bond Recovery
Super-sized debt auctions are looming for Indonesia, threatening a nascent recovery in the bond market.
— Bloomberg

Indonesia to extend temporary mining permit for Freeport
Indonesian government will extend temporarily a special mining permit (IUPK) for Freeport McMoran’s local unit that is due to expire on July 31, Coal and Minerals Director General Bambang Gatot told reporters on Monday.
— Reuters

THAI backs Indonesian call for more flights to Jakarta, Bali
THAI Airways International (THAI) has expressed its commitment to help boost tourist arrivals to Indonesia, particularly to Jakarta and Bali, from Bangkok.
— The Nation

UAE, Indonesia sign MoU to boost halal industry, promote trade exchange
The Emirates Authority for Standardisation and Metrology (ESMA) has signed a Memorandum of Understanding (MoU) with Indonesia’s National Standardisation Agency (BSN) and National Accreditation Committee (KAN) to officially recognise halal certificates issued by KAN.
— Gulf News

Indonesian rice imports on the rise
Indonesia’s rice imports are expected to reach 2 million tonnes in 2017-18 due to low stock levels and increased competition from corn plantings, according to a Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture.
— World Grain

Indonesia-based FinAccel bags US$30m in funding for Kredivo
Jakarta-based FinAccel has raised a US$30 million in Series B equity investment.
— Marketing Interactive

Indonesia, Iran Sign MoU on Women`s Empowerment
Indonesia and Iran have signed a Memorandum of Understanding (MoU) on women`s empowerment, child protection and family health, according to the Indonesian Embassy in Tehran.

Indonesian officials rescue 115 out of 239 Thais stranded at Mount Rinjani
Indonesian officials have been able to rescue some of the 239 Thai tourists stranded at Mount Rinjani on Lombok Island, following a 6.4 magnitude earthquake.

Street vendors under Depok overpass demolished
More than a hundred street vendors were evicted on Monday from the area where they usually run their business, under the Arif Rahman Hakim (ARH) overpass in Depok, West Java.
— The Jakarta Post


Feature photo Club Med UK


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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