Digital Exchange Platform NFC Indonesia Seeks to Raise $24m From IPO for Expansion
Digital exchange platform NFC Indonesia seeks to raise Rp 333.33 billion ($24 million) in an initial public offering in July to fund business expansion, invest in human capital and improve its IT systems, the company said last week.
— Jakarta Globe
Research: Indonesian Retail Sales Jump in April, Oil Prices Fluctuate
Optimism on Indonesia’s economic outlook increased following reports stating that retail sales jumped 4.1 percent in April compared to a year earlier.
— Netral News
Indonesia making preparations to join TPP
Indonesia is studying the revised Trans-Pacific Partnership agreement reached by 11 nations after the U.S. exited, with a view to joining the trade pact, Jusuf Kalla, the country’s vice president, said on Tuesday.
— Nikkei Asian Review (paywall)
No more live broadcast of terrorist trials in Indonesia
The Indonesian Broadcasting Commission (KPI) has released a circular notifying public broadcasting bodies, television and radio networks not to broadcast live trials related to terrorism.
— The Straits Times
Technology Mastery Supports Indonesia to Enter 10 World Largest Economies
The Government has set the target for Indonesia to enter the top 10 countries with the largest economy in the world by 2030.
— Netral News
U.S. and Indonesia sign market access agreement for U.S. fresh potatoes
On June 5, the United States and Indonesia reached a market access agreement that will allow U.S. fresh potatoes to be exported to Indonesia under a defined set of phytosanitary requirements.
— The Produce News
Indonesia, Vietnam discuss minimum wage for workers
Vice President Jusuf Kalla and Vietnam’s Deputy Prime Minister Truong Hoa Binh discussed the minimum wage for workers in Southeast Asia and the fate of Vietnamese fishermen in Indonesia during their bilateral meeting in Tokyo on Tuesday.
— The Jakarta Post
KAI Newly-Operated Luxury Sleeper Train Already Reaches Full Route Capacity
The luxury sleeper train owned by PT Kereta Api Indonesia (Indonesia Railways Company) or KAI reaches full route capacity during a market test operation on Tuesday (6/12) morning for Jakarta-Surabaya route.
— Netral News
Transport Minister: Bus Ticket to Sold via Online After 2018 Eid
Transportation Minister Budi Karya Sumadi stated the bus ticket will be on sale via online after 2018 Eid.
Marine security urged to prevent fishermen from conducting border violations
The Indonesian Fishermen Association of North Sumatra has urged the Maritime Security Association to prevent traditional fishermen from not violating the border with Malaysia.
— Antara News
Indonesia’s Pertamina buys U.S. condensate in rare move: traders
Indonesia’s state energy company Pertamina bought a condensate cargo from the United States in a rare move, trade sources said on Tuesday.
19 Night Entertainment Must Stop Operating during Ramadan, Eid
Jakarta Public Order Agency (Satpol PP) imposes disciplinary action against 19 night entertainment spots in Ramadan and Eid for violating the administrative regulations.
President Jokowi Says Indonesia Set Four Priorities as UN Security Council Member
President Joko “Jokowi” Widodo said Indonesia has set four priorities following its return to become the fourth UN Security Council (UNSC) non-permanent member in the period of 2019-2020.
— Netral News
5.9 magnitude quake strikes off western Indonesia
An earthquake measuring 5.9 on Richter scale rocked West Sumatra province of western Indonesia earlier Wednesday, but was not potential for tsunami, the meteorology and geophysics agency disclosed here.
Indonesia Commits to Eliminate all Forms of Child Labor by 2022
The Republic of Indonesia has committed to eliminate all forms of child labour by 2022 to fulfill global development goal pledges, according to the United Nations.
— The Stewardship Report
Feature photo Pxhere
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.
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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