Indonesia Morning News For March 29

Indonesia Morning News For March 29

Indonesia morning newsIndonesia: State-run Waskita, Jasa Marga to raise $584m by selling shares in infra assets
Two Indonesian state companies plan to sell private equity funds to raise 8 trillion rupiah ($583.6 million) to strengthen their finances, the government said on Tuesday.
— Deal Street Asia

Call for restrictions on shark fishing in Indonesia
Scientists are calling for restrictions on shark fishing to prevent them being wiped out from waters around Indonesia.
— Aljazeera

Exclusive: Indonesia’s e-signature startup PrivyID raising $5m Series A led by MDI, Mandiri Capital
Digital signature platform PrivyID, branded as Indonesia’s answer to DocuSign, is in the process of raising a $5-million Series A funding round led by existing investors MDI Ventures and Mandiri Capital Indonesia, according to its CEO Marshall Pribadi.
— Deal Street Asia

World Bank estimates growth in Indonesian economy
World Bank said that Indonesia’s economy will grow 5.3 percent this year supported by export and consumption.

PHL, Indonesian businesses unable to provide volume to Roro shipping
Businesses from both the Philippines and Indonesia could still hardly provide the volume to sustain the recently opened and the only roll-on, roll-off (Roro) cargo shipping in the Celebes Sea, the sea-lane that once saw a regular barter trading between Filipino, Muslims and Indonesian traders for centuries.
— Business Mirror

Indonesia becomes priority country for handling maternal mortality: USAID
Indonesia is among the priority countries for handling maternal and infant deaths during childbirth, the United States Agency for International Development (USAID) Indonesia Acting Director Ryan Washburn said.
— Antara News

Providing Food Security, Indonesian Population Expected to Reach 321 Million in 2045
Coordinating Minister for Economic Affairs Darmin Nasution is going to focus on food security in Indonesia. Because, in 2045, the population of Indonesia is predicted to reach about 321 million dominated by productive age groups.
— Netral News

Indonesia’s geothermal potential
Many are unaware of this, but Southeast Asia is home to 25% of the world’s geothermal generation capacity.
— The Asean Post

241 cities, regencies yet to establish investment task forces
President Joko “Jokowi” Widodo has called on 241 cities and regencies across the country to follow the other regions to establish investment acceleration task forces, needed for the implementation of the online single submission system being prepared by the government.
— The Jakarta Post

Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 1.10%
Indonesia equities were lower at the close on Wednesday, as losses in the Miscellaneous Industry, Financials and Mining sectors propelled shares lower.

Government to prepare omnibus bill to amend 11 laws
The government plans to draft an omnibus bill — a single bill aimed at amending several laws — as part of an effort to speed up the business licensing process.
— The Jakarta Post

BI Projects 6.2% Economic Growth by 2022
Bank Indonesia (BI) governor Agus Martowardojo projects Indonesia’s economy to grow between 5.8 and 6.2 perceent in 2022.

Only two foreign universities to operate in indonesia: Minister
Research, Technology, and Higher Education Minister M. Nasir stated that only two foreign universities will be operating in Indonesia.
— Antara News

Pertamina to take over Iran’s Mansouri field early May
The Iranian government has set a deadline of early May for Indonesia’s state-owned energy giant Pertamina to seal the deal for developing Iran’s Mansouri oil field.
— The Jakarta Post

Oil & Gas Industry Indonesia: Investment in Exploration Needed
SKK Migas, the government’s special taskforce for upstream oil and gas business activities in Indonesia, said direct investment in the country’s upstream oil and gas sector reached USD $1.8 billion by the end of February 2018 (equivalent to around 13.84 percent of SKK Migas’ full-year 2018 investment target in the country’s oil and gas sector).
— Indonesia Investments (media release)

Thiess wins $280m coal extension
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
— Australian Mining

27 Canned Sardine Brands Infested with Worms: BPOM
Food and Drug Monitoring Agency [BPOM] chief Penny Lukito said her agency had found that 27 brands of canned fish circulating in the country had been tainted with parasitic worms.

Anang Sugiana Charged with Graft Worth Rp79b in E-KTP Case
Corruption Eradication Commission [KPK] prosecutors read Wednesday the charges for former managing director of PT Quadra Solution, Anang Sugiana Sudihardjo, in the electronic ID card [e-KTP] graft case.

Indonesia Launches New PC-40 Warship
Jakarta unveils another vessel that marks a capability boost amid familiar challenges that remain.
— The Diplomat

Indonesia parliament body approves Perry Warjiyo as governor
An Indonesian parliamentary commission on Wednesday endorsed Perry Warjiyo to be central bank governor, making it very likely his appointment will be approved next week by the full legislature.
— The Edge Markets


Feature photo Jean-Marie Hullot


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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