Indonesia Morning News For March 19

Indonesia Morning News For March 19

Indonesia morning news

Government prepares Rp5 trillion for scholarship: Minister
Research, Technology, and Higher Education Minister Prof Mohamad Nasir stated that the government has already prepared a budget of around Rp5 trillion for scholarships for to 90,000 university students in Indonesia.
— Antara

Indonesia Courts BlackRock on Its Overhaul Roadshow
Indonesia’s infrastructure is way behind, and Bambang Brodjonegoro’s mission is to fix it.
— Bloomberg

Avoid Skimming, BRI Accelerates Migration of Debit Cards to Smart Chip Technology
PT Bank Rakyat Indonesia (Persero) Tbk (IDX:BBRI) or BRI is going to accelerate the migration of ATM or debit card from magnetic stripe technology to smart chip technology in accordance with Bank Indonesia’s direction.
— Netral News

Indonesia Trade Mission Posts Potential Transactions of USD5.4 Mln in New Zealand
Indonesian business delegates successfully recorded a potential transaction of USD5.4 million in Auckland, New Zealand, through one-on-one business matching.
— Netral News

More Than 6 Million Taxpayers Reported Their Tax Return Forms
Finance Minister’s Directorate General of Taxation recorded 6.1 million taxpayers has submitted their annual tax return forms (SPTs) of their 2017 income taxes (PPh) up until Friday, March 16.
— Tempo.co

Indonesia continues to promote Indo-Pacific concept
President Joko Widodo (Jokowi) continues to promote the Indo-Pacific concept to the ASEAN member countries and Australia.
— Antara

Why Does Indonesia, With Its Long Coastline, Still Import Salt?
As one of the countries with the longest coastlines in the world, Indonesia is generally expected to be self-sufficient in domestic salt production.
— Jakarta Globe

Indonesia regretting TPP hold out: Robb
Former trade minister Andrew Robb detects some serious consideration in Indonesia towards joining the Trans-Pacific Partnership trade pact.
— 9news.com.au

Growing Transactions, JCI Plunges 1.9 Percent This Week
The average daily transaction value on the Indonesia Stock Exchange (IDX) in the past week (March 12 to March 16) rose 10.28 percent to IDR8.9 trillion from IDR8.07 trillion in the previous week. Nevertheless the Jakarta Composite Index (JCI) recorded a decline.
— Netral News

Indonesia border deal may be tweaked, Julie Bishop says
Julie Bishop says the government will look at “technical” changes to a border deal between Australia and Jakarta after an Indonesian official said Canberra had agreed to revisit a 20-year-old treaty.
— The Australian

INTERVIEW-Indonesian banks will see “more than 12 pct” loan growth in 2018- regulator
Indonesian banks will see “more than 12 percent” loan growth in 2018 thanks to a recovering global economy and a pickup in commodity prices, the country’s financial regulator said.
— Reuters

Activists stage high-tech anti-trafficking war
From cutting-edge DNA barcoding to smartphone apps that can identify illegal wildlife sales, conservationists are turning to high-tech tools in their battle against Indonesia’s animal traffickers.
— Shine News (media release)

Food, Beverage Exports to US Increase by 18.3 Percent
The Trade Ministry reported on Friday that food and beverage exports to the United States had increased by 18.3 percent to US$1.4 billion in 2017.
— Tempo.co

Go-Jek in discussions to spin off arm Go-Life, says Senior VP Dayu Dara
Indonesian ride-hailing giant Go-Jek is mulling over the possibility of spinning off its lifestyle and professional arm, Go-Life, into a separate business entity and raise its own funds, according to senior vice president Dayu Dara Permata.
— Deal Street Asia

 

Feature photo McKay Savage

 

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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