Indonesia morning news for November 28

Indonesia morning news for November 28

Indonesia morning news

Indonesia to keep CPO export tax at zero, cocoa at 5 pct for Dec
Indonesia will keep the export tax for crude palm oil (CPO) at zero and the export levy for cocoa at 5 percent for December, Oke Nurwan, a senior official of the trade ministry, told reporters on Tuesday.
— Reuters Africa

Indonesia gives first report on deadly Lion Air crash on Wednesday
Indonesian investigators will deliver their first report into the Lion Air crash on Wednesday, a month after the brand-new Boeing 737 crashed into the sea, killing all 189 on board in the country’s second-worst air disaster.
— Reuters

Bank Indonesia revises down GDP growth projection in 2019
Bank Indonesia (BI) Governor Perry Warjoyo announced on Tuesday the revision of its gross domestic product (GDP) projection for 2019 to between 5 and 5.4 percent from its initial projection of between 5.1 and 5.5 percent.
— The Jakarta Post

Automotive SMEs need two years to meet APM production standard
Small and medium scale enterprises (SMEs) need at least two years to produce components with quality meeting the qualification of Brand Holder Agent (APM), a senor official said.
— Antara News

Monetary policy remains pro stability in 2019: Bank Indonesia
Bank Indonesia said it will continue to adopt its pre-emptive and ahead-of-the-curve monetary policy in a bid to maintain economic stability amid the high external pressure in 2019.
— Antara News

Indonesia to consider more easing of liquidity rules in 2019 -c.bank gov
Bank Indonesia (BI) will review whether to further relax liquidity rules for the banking industry next year to compensate for its interest rate hikes, the governor said on Tuesday.
— Reuters

Indonesian App Allows Public to Report ‘Deviant’ Religious Groups
Indonesian human rights groups warned on Monday that a mobile application released by the Jakarta Prosecutor’s Office to monitor “deviant” faiths could worsen the persecution of religious minorities.
— Benar News

Indonesia facing xenomania disease: Education Minister
Secretary of the Language Development and Development Agency of the Ministry of Education and Culture (Kemendikbud) Muh. Abdul Khak stated that Indonesia is currently facing “Xenomania” disease.
— Antara News

Indonesia presidential candidate Prabowo promises a clean government to attract businesses
Indonesia’s presidential candidate Prabowo Subianto has vowed to push reforms for a clean, non-corrupt government to attract businesses.
— The Straits Times

Lion Air’s safety record back in focus after crash
A preliminary report on what caused the crash of Lion Air Flight 610 will be released tomorrow. But even as the mystery is still being pieced together, one thing is clear, investigators and aviation experts say: Few airlines were less prepared to deal with crisis than Lion Air.
— The Straits Times

Protesters at Australian embassy in Jakarta demo against Prabowo’s stance on Jerusalem move, accuse him of being pro-Israel
Prabowo said that he supports Palestine but Australia’s decision to move their Israeli embassy to Jerusalem was their decision “as an independent and sovereign country, so we must respect their sovereignty”. Not surprisingly, that viewpoint has not gone down well with many of his supporters.
— Coconuts Jakarta (paywall)

Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy
Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world’s top palm oil producer, announced measures to increase shipments.
— The Star Online

Chinese investors invited to invest in Indonesia
Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan has invited investors from the People`s Republic of China to increase their investment in Indonesia.
— Antara News

Indonesia’s coffee outputs to touch 650,000 tons this year
Production of coffee in Indonesia is forecast to reach between 630,000 tons to 650,000 tons by the year end, the Indonesian coffee exporters association said on Tuesday.
— Xinhua

Singapore’s UOB acquires 75% stake in Indonesia’s PG Asset Management
Singapore-based lender UOB, through its subsidiary UOB Asset Management (UOBAM), has acquired a 75 per cent stake in Indonesia’s PG Asset Management (PGAM) for S$2.25 million ($1.63 million), according to an official release.
— Deal Street Asia 

Govt plans to double B20 biodiesel consumption next year
The government plans to double the consumption of 20 percent blended biodiesel ( B20 ) amid the declining price of palm oil on the global market.
— The Jakarta Post

Jakarta Police Set Up Security Plan for 212 Grand Reunion
Jakarta Metro Police spokesman Sr. Comr. Raden Argo Prabowo said his side had received a notification letter in light of the 212 Grand Reunion which would be held at Monas on December 2, 2018.
— Tempo.co

Government to increase utilization of natural gas for energy
The government will continue to increase utilization of natural gas for fuel from 19 percent of the national energy consumption at present to 24 percent in 2050.-
— Antara News

Ridwan Kamil Launches Zero-Interest Credit Program
West Java Governor Ridwan Kamil has launched the credit program dubbed Kredit Mesra which he claimed without interest and collateral.
— Tempo.co

Government to finish certification of sailors and ships in 2019
The Sea Transport Directorate General of the Transport Ministry said it is set to finish certification of all sailors and ships lighter than seven GT in 2019.
— Antara News

Considered Rich, Anies Asks Kalisari Residents to Move
Anies Baswedan said he would demolish the houses in the landslide location in Kalisari, Pasar Rebo, East Jakarta..
— Tempo.co

New Policy on Online Taxi to be Valid in December 2018
New policy on the online taxi as replacement of Transportation Ministerial Regulation (Permenhub) No108/2017 would be soon issued.
— Tempo.co

12 Countries` Ambassadors Join Trip to Bintan Island
Indonesian Embassy in Singapore in tandem with Tourism Ministry promoted Bintan Island to 12 countries ambassadors in Singapore and Jakarta..
— Tempo.co

Anak Krakatau volcano erupts 18 times triggering fear of tsunami
The Anak Krakatau volcano in the Sunda Strait between Java and southern end of Sumatra erupted 18 times on Monday until Tuesday morning, spewing volcanic material soaring as high as 600 meters.
— Antara News

Minister Comments on Alleged Trouble of Boeing 737 Max 8
Transportation Minister Budi Karya Sumadi claimed he did not hear about the information about a new system in Boeing 737 Max 8.
— Tempo.co

Indonesia on the Cusp of Its First Durian Surplus in Nine Years
in the European Journal of Business and Management that Thailand exported around 170,000 tons of durian to China in 2016, with the other main exporters being Vietnam and Malaysia.
— Jakarta Globe

Mental revolution among parties necessary to enter industrial revolution
The United in Diversity (UID) Foundation President Mari Elka Pangestu highlighted the need for mental revolution among all parties to enter the fourth industrial revolution.
— Antara News

Go-Pay Offers 50 Percent Cashback
Go-Pay offers 50 percent cashback promo in the collaboration with dozens of Go-Jek business partners from 27-30 November..
— Tempo.co

Indonesia President Joko expresses doubt US, China can patch up dispute at G-20
Indonesian President Joko Widodo expressed pessimism on Tuesday (Nov 27) that the United States and China will resolve their trade dispute when the leaders of the world’s two biggest economies meet at the G-20 summit in Argentina at the end of this week.
— The Straits Times

Customs Optimistic Excise Duty on Plastic Applicable in 2019
Finance Minister`s director general of customs and excise expressed optimism that a policy on customs duty for plastic could be imposed next year..
— Tempo.co

Transportation Minister to intensify inspection of airlines performance
Minister of Transportation Budi Karya Sumadi stressed that he would intensify inspection on airlines and aircraft belong to the airlines.
— Antara News

PKK terrorists abuse, rape female members
The PKK terrorist organization is not only known for its activities against civilians but also for molestation and rape scandals within the group.
— Antara News

Is Jakarta’s BRT System Better than Malaysia’s MRT System?
The rest of South East Asia has a lot to learn from Jakarta’s Bus Rapid Transit (BRT) system.
— Indonesia Expat

British buyers interested in Indonesian coffee
Buyers constituting importers and owners of coffee shops in London expressed interest and keenness to do business with Indonesian coffee entrepreneurs and farmers whose products are recognized as having a different taste
— Antara News

Panjaitan urges to halt bad practices in investment sector
Bad practices in Indonesia`s investment sector should be stopped, as the government is underlining the importance of compliance in accordance with the law and regulations, Indonesia`s Coordinating Maritime Affairs Minister Luhut Binsar Panjaitan stated.
— Antara News

Volcanology center advises 3 km safe distance from erupting Mt. Merapi
The Center for Volcanology and Geological Hazard Mitigation (CVGHM) has advised residents and visitors to stay away from Mount Merapi in Magelang, Central Java, following increased volcanic activity.
— The Jakarta Post

Indonesian police chief maintains neutrality in elections: spokesman
The Indonesian National Police and Police Chief General Tito Karnavian maintain their neutrality in the 2019 Parliamentary and Presidential Elections, National Police spokesman BrigGen.
— Antara News

Transport Minister Guarantees LRT Project to Finish as Targeted
Minister of Transportation Budi Karya Sumadi confirmed that the construction of the Jakarta LRT will be finished at the end of 2019.
— Tempo.co

Indocopper scheme aims to prevent selling of Freeport’s shares: SOE Ministry
The government responded on Monday to Papua Governor Lukas Enembe’s opposition to the assignment of PT Indocopper Investama (PTII) as the company that will accommodate 10 percent of gold and copper miner PT Freeport Indonesia’s (PTFI) shares that have been allocated for Papua.
— The Jakarta Post

Ocean must be protected, preserved for future generation: minister
Maritime Affairs and Fisheries Minister Susi Pudjiastuti has called on the public to realize that ocean is a legacy that must be protected for the future generation.
— Antara News

Younger generation urged to become craft, fashion entrepreneurs
Directorate General of Small- and Medium-Scale Industry of the Ministry of Industry encouraged the younger generation to become entrepreneurs in the creative industry, particularly in the craft and fashion sector.
— Antara News

VN wins steel dispute with Indonesia
Việt Nam had won a three-year dispute with Indonesia regarding safeguards on certain iron and steel products, according to the Trade Remedies Authority of Việt Nam.
— Viet Nam News

Marseille Culinary Festival, Coffee, Bintang Beer Steal Attention
The Indonesian Consulate General in Marseille promotes a variety of Indonesian culinary products at the International Food and Beverage Festival..
— Tempo.co

 

Feature photo MINANEWS.NET

This week’s Indonesia morning news feature photo acknowledges International Day of Solidarity with the Palestinian People, November 29.

 

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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