Indonesia Morning News For May 16

Indonesia Morning News For May 16

Indonesia morning newsHow Indonesia is dealing with the new threat posed by returning Islamic State fighters
It was no coincidence that Sunday’s suicide attacks on three Catholic churches in Indonesia came as Muslims began the holy month of Ramadan.
— The Conversation

Dropping to 7.19 Percent, Export Realization Unaffected by Rupiah Weakening
The Central Statistics Agency (BPS) said the decline in export realization as of April 2018 reached 7.19 percent to about USD14.47 billion. That number is the impact of the weakening of the rupiah against the dollar.
— Netral News

Indonesia records US$1.63 billion trade deficit in April
Indonesia recorded a US$1.63 billion trade deficit in April due to an “unusual” increase in imports, particularly on capital goods, the Central Statistics Agency (BPS) announced on Tuesday.
— The Jakarta Post

Bank MNC Posts Net Profit Surge to IDR94.8 Bln in Q1 2018
PT Bank MNC Internasional Tbk (IDX:BABP) posted a net profit of IDR94.8 billion in the first quarter of 2018 or an increase by 294 percent over the same period in 2017.
— Netral News

China giants tackle tough Indonesian e-commerce
IN A warehouse on the outskirts of Indonesia’s capital, supervisors at e-commerce company Lazada use bikes or electric scooters to zip around a floor the size of four soccer fields, where up to 3,000 workers pack and despatch goods around the clock.
— The Business Times

Matrix Concepts to jointly develop Islamic financial district in Jakarta
Matrix Concepts Holdings Bhd today signed a Memorandum of Understanding (MoU) to jointly undertake the development of an Islamic financial district in Pantai Indah Kapuk 2 (PIK 2) Sedayu Indo City, Jakarta, Indonesia.
— EdgeProp

BPS: Import Realization Grows 11.28 Percent
Central Statistics Agency (BPS) recorded the realization of Indonesia’s imports in the last period increased to reach 11.28 percent.
— Netral News

Indonesia attacks: More parents will sacrifice their own kids in suicide bombings, analysts warn
One thing that stands out about the attacks in Indonesia is that they were carried out by two families — and analysts say parents using their own children in terrorist attacks is a worrying new trend we are likely to see more of.
— Radio Australia

Democracy quality stagnant during last two decades: LIPI
Prof Dr Syamsuddin Haris M.Si, senior researcher of the Indonesian Institute of Sciences (LIPI), has viewed that the quality of democracy in Indonesia has been stagnant during two decades after the reform.
— Antara News

Four Social Media Platforms Take Down Radical Accounts
Communications and Informatics Minister Rudiantara said that four social media platforms, namely Facebook, Instagram, Youtube, and Telegram, have taken down numerous provocative accounts related to radicalism and terrorism.

Robots, Young Generation, and Industrial Revolution 4.0
To face the Industrial Revolution 4.0, the era when technology is a fundamental aspect in changing the way of living, the young generation especially students are the front key to develop artificial intelligence (AI).

East Indonesia Strives to Get Children a Pass to Citizenship
Can a child get registered at school without a birth certificate? Can one obtain a passport without having his or her birth recorded? Open a bank account, get married, vote?
— Jakarta Globe

Deposit insurance maintains guaranteed interest rates
The Indonesia Deposit Insurance Corporation (IDIC) is maintaining its guaranteed interest rates — 5.75 percent for rupiah deposits in banks, 0.75 percent for foreign exchange deposits and 8.25 percent for rupiah deposited in microcredit banks.
— The Jakarta Post

Govt Finalize First State of Indonesia`s Forest Publication
The Ministry of Environment and Forestry has embarked upon the production and publication of the first State of Indonesia`s Forests (national SOFO) publication in collaboration with FAO of the United Nations.

Obaseki, Indonesian, Malaysian envoys, brainstorm on poverty eradication through Agric
The Governor of Edo State, Mr. Godwin Obaseki, on Tuesday joined the Ambassador of Indonesia to Germany Arif Havaz Oegroseno, Maritime Coordinating Minister of Indonesia, Luhut Binsar Pandjaitan, Malaysian Ambassador to the Vatican, Tan Sri Bernard Gilgal Dompok, at an international conference on poverty eradication in Rome, Italy.
— Vanguard

Indonesia to propose three national parks as new biosphere reserves
Indonesia will propose to have three national parks declared as new biosphere reserves at the 30th Man and the Biosphere Program International Coordinating Council (MAB-ICC), scheduled to be held on July 23-28 in Palembang, South Sumatra.
— The Jakarta Post

Indonesian Central Bank Governor’s Exit Is a Deja Vu
Indonesia’s central bank governor is ending his five-year term the same way it started: financial markets are in turmoil, the rupiah is under attack and he has his finger firmly on the interest rate trigger.
— Bloomberg

Densus 88 Subdue 13 Terrorists Responsible for Surabaya Bombings
Two days after the series of suicide bombings in three Churches and a police headquarter in Surabaya, anti-terror special ops unit Densus 88 managed to arrest 13 people affiliated with the terrorist group Jemaah Ansarut Daulah (JAD).

Adhi Karya Achieves New Contracts of IDR3.8 Tln as of April 2018
PT Adhi Karya (Persero) Tbk (IDX:ADHI) reported the acquisition of new contracts amounting to IDR3.8 trillion until April 2018.
— Netral News

9 Quick Things Investors Should Know About Lippo Malls Indonesia Retail Trust’s Latest Earnings Update
In early May, Lippo Malls Indonesia Retail Trust (SGX: D5IU) reported its 2018 first quarter earnings update.
— The Motley Fool


Feature photo nzifbageur


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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