Indonesia morning news for November 23

Indonesia morning news for November 23

Indonesia morning newsEconomy grows only 5.1 percent this year: BI deputy governor
Bank Indonesia deputy governor Dody Budi Waluyo announced on Wednesday that this year’s economic growth would likely be 5.1 percent, lower than the 2018 state budget estimate of 5.4 percent.
— The Jakarta Post

Indonesia plans to cut property taxes to stimulate economy
Indonesia plans to cut taxes on luxury properties and revise other tax rules in a bid to support the real estate industry and attract investment in Southeast Asia’s biggest economy, Finance Minister Sri Mulyani Indrawati said.
— Bangkok Post

Bali Plans to Impose USD $10 Levy on Every Foreign Tourist Arrival
Bali Governor I Wayan Koster said this new levy should add around IDR 1 trillion (approx. USD $67 million) in additional local revenue as Bali is expected to be visited by some 7 million foreign tourists in full-year 2019.
— Indonesia Investments

Britain gives visa free visit for Indonesian business people
The Government of Britain offers visa free visits for Indonesian business people representing 23 selected companies.
— Antara News

Belarus, Indonesia urged to boost trade to $1bn over next five years
Belarus and Indonesia can increase trade to $1 billion over the next five years, Vladimir Ulakhovich, the head of the Belarusian Chamber of Commerce and Industry (BelCCI), said ahead of the Belarus-Indonesia Business Forum, BelTA has learned.
— Belarus News

‘Deep pockets’ only: Prepare to pay US$500 to visit Komodo National Park
The East Nusa Tenggara (NTT) administration is reportedly planning to raise the Komodo National Park’s entrance fee to at least US$500 as part of efforts to boost the conservation area’s “prestige”.
— The Jakarta Post

Indonesian presidential candidate says Jerusalem move no problem
Indonesian presidential candidate Prabowo Subianto says it won’t be a problem for his country if the Morrison government presses ahead with a plan to move Australia’s embassy in Israel from Tel Aviv to Jerusalem.
— The Sydney Morning Herald

No luxury tax for Rp 20b worth apartments, houses: Minister
The Finance Ministry is revising regulations that pertain to the ownership of luxury apartments and houses to boost the country’s property and construction businesses.
— The Jakarta Post

Private sector, foreign companies key for ‘Made in China 2025’ to take off, experts at Singapore forum say
China is still some way from its ambition of becoming a global powerhouse in hi-tech manufacturing, according to a senior economist.
— South China Morning Post

New MOU to protect Indonesian migrant workers: Saifuddin
Kuala Lumpur and Jakarta today agreed that there should be a new memorandum of understanding (MoU) to protect Indonesian migrant workers in Malaysia.
— The Sun Daily

Indonesia to add 50 airworthiness inspectors every year
Indonesia will increase the number of airworthiness inspectors by 50 each year and contemplate tightening aviation safety rules, depending on the findings of an investigation into the fatal crash of a Lion Air flight in October, the country’s director general of civil aviation said.
— Nikkei Asian Review (paywall)

Indonesia’s September condensate exports jump 31%, crude exports down 35%
Indonesia shipped out 645,047 mt of crude oil in September, down 35.3% from August while its condensate exports jumped 30.6% to 216,340 mt, the largest monthly volume this year, detailed figures from Statistics Indonesia showed.
— S&P Global Platts

Indonesia’s boat-sinking policy gets green upgrade: No explosives involved
The Riau Islands Prosecutor’s Office, along with the Batam High Court, on Wednesday scuttled five Vietnamese boats that were found guilty of being used for illegal fishing in Batam waters.
— The Jakarta Post

S&P Sees Weaker 2019 Finances for Some Indonesian Firms, Cuts GDP Growth Forecast
S&P Global Ratings warned on Wednesday that the finances of Indonesian real estate developers and state firms might deteriorate in 2019 due to risks rooted in general elections and further depreciation of the rupiah.
— Jakarta Globe

AP II, SMI sign investment loan agreement worth Rp1.5 trillion
State airport operator PT Angkasa Pura (AP) II signed an investment loan agreement worth Rp1.
— Antara News

Freeport obtains antitrust permits from Japan, South Korea
Gold and copper miner PT Freeport Indonesia (PTFI) has obtained antitrust permits from Japan and South Korea required for the entry of state mining holding company PT Indonesia Asahan Aluminium (Inalum), which will control a major stake in PTFI.
— The Jakarta Post

‘Spend the minimum’: How Lion Air hid equipment failures and beat regulators
The government safety inspector had spent all night at the Makassar airport, in eastern Indonesia, several years ago, poring over a Lion Air jet that suffered a hydraulic failure.
— The Straits Times

Round-up: Police successfully identify 107 passengers of crashed Lion Air
The police forensic team or the Disaster Victim Identification/DVI has successfully identified three more passengers of the crashed Lion Air plane, bringing the number of identified passengers to 107 till Wednesday.
— Antara News

An Indonesian company is feeling the pain of Ghosn’s arrest
The impact from the arrest of Nissan Motor Co’s Chairman Carlos Ghosn has spread all the way to Indonesia.
— The Edge Markets

Indonesia: Presidential Contender Pledges to Seek Close Ties with US, China
Indonesia’s opposition presidential candidate Prabowo Subianto said Wednesday he planned to seek close relationships with both the United States and China if elected, praising the two world powers for cultural influences and economic progress.
— Benar News

OIC medicines regulatory authorities announce jakarta declaration
The declaration contains, among others, efforts to harmonize standards of vaccine and self-reliance in medicines for OIC members.
— Antara News

Boeing confident in 737 MAX safety despite Indonesia Lion Air crash
U.S. aerospace giant Boeing Company said Wednesday that it is confident in the safety of its 737 MAX aircraft despite a deadly air crash of a same-model jet of an Indonesia airline.
— China.org.cn

Govt Urges Lion Air Improve SOP, Human Resources Quality
Transportation Minister Budi Karya Sumadi said his ministry has provide recommendations to Lion Air on a number of improvements.
— Tempo.co

EAEU to create free trade zone with ASEAN, says Russian expert
The formation of a free trade zone between the Eurasian Economic Union (EAEU) and Indonesia is set to become a pivotal step in establishing a full-fledged trade zone with the Association of Southeast Asian Countries (ASEAN), Program Director of Russia’s Valdai Discussion Club Yaroslav Lissovolik said following the club’s meeting in Kuala Lumpur on Thursday.
— Tass

Indonesia keeps up search for crashed jet’s black box as signal drops out
Indonesia is still trying to find the cockpit voice recorder from a Lion Air jet that crashed into the sea near Jakarta last month, even though its “ping” signal is no longer being detected, a transport safety panel said on Thursday.
— Reuters

Southeast Asian PME cargo loading remains robust in ‘low season’ Nov: AmSpec
The volume of PME loading from Malaysia and Indonesia remained robust in the first 20 days of November, despite it being a seasonal low demand month in the lead-up to winter, data released by cargo surveyors AmSpec late Wednesday showed.
— S&P Global Platts

AGO continues hunt for Soeharto family foundation’s assets
The Attorney General’s Office (AGO) will continue to track down assets owned by the now-defunct Supersemar Foundation, which was set up by former president Soeharto, to ensure it will fulfill its obligation to pay trillions of rupiah in penalties to the state in relation to a misuse of funds.
— The Jakarta Post

Yogyakarta, Swedish university cooperate in dengue early warning system
The Yogyakarta City Administration and a Swedish university, Umea University, cooperate in preparing an early warning application of dengue fever transmission.
— Antara News

Hailstorm hits Jakarta following heavy downpou
Hail hit several areas of Jakarta on Thursday at around 3:20 p.m. following heavy rain and thunderstorms.
— The Jakarta Post

UAE supports halal vaccine production from Indonesia
Amin Hussain Alameeri, assistant undersecretary of Public Health Policy and Licensing at the United Arab Emirates`s (UAE`s) Ministry of Health, has supported Indonesia`s idea to produce halal vaccines and medicines in accordance with Islamic Law.
— Antara News

Govt Urged to Solve Human Rights Violations in Papua
The Papua National Liberation Army of the Free Papua Movement (TPN-OPM) General Coordinator Lambert Pekikir pressured the Indonesian government to immediately solve human rights violations in Papua.
— Tempo.co

Ministry Wants Severe Punishment for Sexual Offenders
The Ministry of Women`s Empowerment and Child Protection urges law enforcement officials to impose severe penalties for sexual offenders, especially child predators, by referring to Law No.17/2016 on Child Protection
— Tempo.co

Lion Air JT-610 insurance money for victims’ beneficiaries held up over polygamy, incarceration issues
Of the 189 killed on the crashed Lion Air flight JT-610 in late October, 107 of them have been positively identified by Indonesian authorities, but not all of their relatives have received the compensation money from government insurance firm Jasa Raharja that they are entitled to.
— Coconuts Jakarta (paywall)

Sri Mulyani Finalizes Regulation to Boost Investments
Finance Minister Sri Mulyani said that the government is currently finalizing a number of tax policies that are expected to support investments and exports.
— Tempo.co

Woman jailed for complaining about mosque’s loudspeaker submits appeal to Supreme Court
Will the Supreme Court deliver the same kind of justice to Meliana as they did to Baiq Nuril?
— Coconuts Jakarta 

Truck drivers protest South Sumatra coal transport ban on public roads
Scores of truck and bus drivers staged a protest in front of the South Sumatra governor’s office in Palembang, South Sumatra, on Wednesday, demanding the immediate revocation of a gubernatorial decree that prohibits coal-carrying vehicles from passing public roads.
— The Jakarta Post

KADIN calls on govt to postpone DNI relaxation policy
The Indonesian Chamber of Commerce and Industry (KADIN) has called on the government to postpone the implementation of relaxation of the Negative List of Investment (DNI).
— Antara News

Sintang district encourages palm oil firms to get ISPO certificates
The Sintang District administration, West Kalimantan Province, has encouraged palm oil plantation firms operated in the area to meet the mandatory sustainability certification of the Indonesian Sustainable Palm Oil.
— Antara News

Indonesia encourages PTA negotiations with Bangladesh
The Indonesian government encourages the negotiations of the Preferential Trade Agreement (PTA) between Indonesia and Bangladesh, in an effort to increase trade cooperation between the two countries.
— Antara News

 

Feature photo Aliansi Laki-laki Baru (ALB)

This week’s Indonesia morning news feature photo acknowledges International Day for the Elimination of Violence against Women November 25

 

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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