Rio Tinto confirms talks of $3.5bn Grasberg stake sale
Multinational diversified miner Rio Tinto confirmed on Tuesday that it is in talks with PT Indonesia Asahan Aluminium (Inalum) to sell its stake in the Grasberg copper/gold mine, in Indonesia, for $3.5-billion.
— Mining Weekly
Current account deficit to reach 2.3 percent in 2018: BI
Bank Indonesia (BI) has projected that the country’s current account deficit will reach 2.3 percent in 2018, higher compared to consensus estimates of 2.0 percent, as imports continue to rise against exports.
— The Jakarta Post
Indonesian domestic carriers among world’s cheapest
Tigerair Australia was named the world’s cheapest airline for domestic routes based on the average price of tickets per kilometer.
— The Jakarta Post
MRT Jakarta and Go-Jek Collaborate in Non Farebox Business and Mobile Payment
PT MRT Jakarta and GO-JEK Indonesia signed a Memorandum of Understanding regarding Development Study of Non-Farebox Business and Mobile Payment for MRT Jakarta.
— Netral News
BCA Prepares Rp40 tn of Cash for Eid Holiday
Private lender Bank Central Asia (BCA) stated the total of cash to be allocated at the branch office and ATM during Eid al-Fitr holiday is up to Rp41 trillion.
— Tempo.co
590 Indonesians still in ISIS territory
Nearly 1,500 Indonesians either tried to go or went to the Middle East to fight for the terror group, the Islamic State in Iraq and Syria (ISIS).
— The Straits Times
Indonesia sells 15 trillion rupiah bonds in auction
Indonesia sold 15 trillion rupiah ($1.06 billion) in bonds on Tuesday, the auction’s maximum target, the financing and risk management office at the Finance Ministry said in a statement.
— Business Recorder (media release)
Indonesian cement market expands 6% in April
Indonesian cement consumption advanced six per cent YoY in April to 5.337Mt, according to the Indonesia Cement Association.
— International Cement Review
Indonesia sales rise 14% in April
New vehicle sales in Indonesia drifted lower in April, with deliveries to dealers declining by just under 14.1% to 102,256 units from 89,590 units in the same month of last year, according to data compiled by industry association Gaikindo.
— Just Auto
Govt to Build 3 Ports in Supporting Jember Tourism
Mayor of Jember Faida said three ports will be constructed in south coast to boost maritime and tourism industry in Jember regency, East Java.
— Tempo.co
Banyuwangi included in ASEAN smart cities network
Banyuwangi District of East Java Province has been included in ASEAN Smart Cities Network (ASCN).
— Antara News
Indonesia Orders Evacuations as the Volatile Mount Merapi Erupts
Indonesian authorities raised the alert for the volatile Mount Merapi volcano on the densely populated island of Java and ordered people within 3 kilometers (2 miles) to evacuate.
— Time
Jakarta to begin trial of odd-even policy expansion in July
The Jakarta Police announced on Tuesday that it would begin a trial of an expansion of the odd-even traffic policy in the city in July, just a few weeks before the Asian Games.
— The Jakarta Post
Indonesia encourages higher education to develop online learning to keep up with Industry 4.0
Higher education is being encouraged to develop online learning in order to educate more people that will respond to the needs of Indonesia’s fourth industrial revolution.
— Open Gov
Garuda Indonesian Screening all Pilots over Terrorism
Operational Director of state airline Garuda Indonesia, Triyanto Moeharsono, said the company had disabled pilot who uploading a terrorism content on social media.
— Tempo.co
Indonesian plan to clamp down on foreign scientists draws protest
Scientists in Indonesia fear that a government plan to introduce strict rules for foreign researchers will scare off potential collaborators and hamper experiments.
— Nature.com
Indonesia, Japan agree to increase aid for Palestinians
Indonesia and Japan agreed to increase their support of humanitarian aid to Palestinian refugees during the G20 Foreign Ministers Meeting in Buenos Aires, Argentina.
— Antara News
Feature photo Kanenori
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.
Indonesia Morning News For May 23 added by Stella-maris Ewudolu on
View all posts by Stella-maris Ewudolu →
Stella-maris Ewudolu
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.
Latest posts by Stella-maris Ewudolu (see all)
- Zoonotic crossover fear sees Vietnam ban (almost) all wildlife trade (video) – July 26, 2020
- Job & revenue losses: COVID-19 to hurt Asean airlines the most – July 24, 2020
- Philippines morning news for July 24 – July 24, 2020
- Philippines morning news for July 23 – July 23, 2020