Indonesia morning news for October 10

Indonesia morning news for October 10

Indonesia morning newsDeath toll in Indonesia quake passes 2,000 as searches for survivors called off
The death toll from the earthquake and tsunami on Indonesia’s Sulawesi island has climbed past 2,000, the country’s disaster agency said Tuesday, as authorities prepared to end the search for thousands of victims feared buried in mud and rubble in the hardest-hit neighbourhoods.
— South China Morning Post

IMF-WB – Indonesia, Asean-5 economies to grow 5.2 percent next year
The International Monetary Fund (IMF) projected that Indonesia called as the ASEAN-5 economies along with Malaysia, Philippines, Thailand, and Vietnam, will grow 5.2 percent next year, or slightly lower than last projection
— Antara News

Indonesian firms to sign pacts on $13.6 bln of infrastructure projects
Indonesian state-owned companies this week will sign deals pushing ahead about $13.6 billion in planned infrastructure projects as the country seeks to diversify funding sources, authorities and a brokerage house executive said on Tuesday.
— Reuters

BI governor says private infrastructure financing could boost growth to 6.5%
Bank Indonesia Governor Perry Warjiyo has said involving the private sector in financing the government’s infrastructure projects could boost economic growth to 6.5 percent from around 5 percent at present.
— The Jakarta Post

Foreign Aid Workers In Sulawesi Ordered To Leave
Indonesia has ordered independent foreign aid workers to leave the earthquake zone and said foreign groups with staff in the disaster area on Sulawesi island should pull them out.
— Indonesia Expat

Depression cases surface at hospitals following earthquake, tsunami
The Madani Regional Hospital in Palu, Central Sulawesi, found cases of depression caused by the earthquake and tsunami disasters that
— Antara News

IMF Deems Indonesia Needs No Loans
Managing Director of the International Monetary Fund (IMF), Christine Lagarde ensured that Indonesia currently does not need assistance or loans from the IMF because economic conditions are good.
— Netral English

Asian banks tear down brick-and-mortar expansion model
Just a few years ago, starting a retail banking operation in Indonesia, a nation teeming with islands stretched across a distance as wide as the U.S., would require investing in thousands of physical branches and on an army of bank tellers.
— Retail News Asia (media release) (blog)

Indonesian President Jokowi defends government spending to host IMF-World Bank event
BALI – Indonesian President Joko Widodo has defended his government’s expenditure for the ongoing International Monetary Fund-World Bank meetings in Bali, which was slammed by the opposition as “lavish” and insensitive.
— The Straits Times

Million-to-investors’>IMF-WB – Indonesia offers 80 projects worth $42 billion to investors
The government has offered investors to team up with 21 Indonesian state-owned companies to develop some 80 projects worth US$42 billion in the country.
— Antara News

Hundreds-of-Palu-Inmates-Still-on-the-Run-After-Quake
Jakarta – The Law and Human Rights Ministry`s Director General of Correctional Sri Puguh Budi Utami said that there are 1,090 inmates from six correctional institutes in Palu, Central Sulawesi, that have not returned after the earthquake and tsunami that hit the region.
— Tempo.co

Indosat network in Central Sulawesi recovers 90 percent
The Indosat Ooredoo network in the earthquake- and tsunami-hit areas in Palu and Donggala, Central Sulawesi, has recovered 90 percent after earlier experiencing problems with electricity.
— Antara News

Skills crunch slows Jokowi’s plans
As Indonesia’s Joko Widodo bids for a second term, a skills shortage that’s leaving millions locked out of higher-paid jobs is weighing on his quest to develop the economy.
— The Asean Post

Indonesian Islamic scholars council declares FETO haram
The Council of Ulema Tariqas of Indonesia declared all FETO activities as “haram” (forbidden) on Friday with an Islamic ruling (fatwa).
— Anadolu Agency

Indonesian logistics startup Waresix secures $1.6m funding
Indonesia’s US$240 billion logistics market is said to be growing by double digits per year.
— Tech in Asia

Indonesia Has Many Soil Liquifaction Potentials
Expert in Geonetics and Construction Management, Prof. Dr. Budi Susilo Supanji said that Indonesia has a lot of soil liquefaction potential.
— Netral English

Indonesia to make it easier for Msian students seeking visas
The Indonesian government has pledged to make it easier for Malaysians pursuing their studies in the republic to apply for temporary visas.
— New Straits Times

Govt Provides Export Opportunity for MSMEs Through Marketplace
Minister of Communication and Information Technology, Rudiantara, supports the increase in export through the e-commerce platforms.
— Tempo.co

Potential global economic slowdown may affect Indonesian economy: Minister
Finance Minister Sri Mulyani has predicted that a potential slowdown in the global economic growth in 2018 and 2019 may have an impact on the Indonesian economy.
— Antara News

Yawning skills gap threatens Indonesia’s path to prosperity
JAKARTA (BLOOMBERG) – As Indonesia’s Joko Widodo bids for a second term, a skills shortage that’s leaving tens of millions locked out of higher-paid jobs is weighing on his quest to develop the economy.
— The Straits Times

OFID approves $1 million in emergency grants to Indonesia, Yemen
OFID – the OPEC Fund for International Development – has approved two emergency aid grants totaling US$1 million in support of relief efforts in Indonesia and Yemen.
— ReliefWeb

Nestlé launches Milo with 25 per cent less sugar in Indonesia
Nestlé has launched an improved Milo recipe with 25 per cent less sugar for the Indonesian market.
— Food Magazine

External pressures to continue into 2019: Sri Mulyani
Finance Minister Sri Mulyani Indrawati has said that external pressures on the Indonesian economy would likely continue into the coming year on the back of the strengthening US dollar and economy.
— The Jakarta Post

Indonesia, Malaysia discuss migrant workers protection
President Joko Widodo (Jokowi) and Malaysian Deputy Prime Minister Wan Azizah Wan Ismail discussed two issues related to the protection of Indonesian migrant workers (TKI) at a meeting here on Tuesday.
— Antara News

Takeover of infrastructure project by private sector also carries risks
Bank Indonesia said takeover by the private sector of most of the massive infrastructure projects will also carry risk such as risk in exchange rate, but the risk could be forestalled with diversification of hedging.
— Antara News

Financing Jokowi’s infrastructure ambitions
Similar to its Southeast Asian counterparts, Indonesia is carrying out ambitious infrastructure projects to transform and modernise the nation.
— The Asean Post

Former investigators accused of tampering with evidence investigated, KPK says
The Corruption Eradication Commission (KPK) said that it had already investigated allegations that two police officers formerly assigned to the antigraft body tampered with evidence.
— The Jakarta Post

New paradigm important in financing infrastructure projects: Minister
Finance Minister Sri Mulyani Indrawati said change in paradigm is very important in financing the government infrastructure projects under the present condition.
— Antara News

Indonesia introduces Green Sukuk at IMF-World Bank Annual Meeting
Indonesia has introduced Green Sukuk, an Islamic bond used for financing environmentally friendly projects, at the ongoing International Monetary Fund-World Bank Annual Meetings in Nusa Dua, Bali.
— The Jakarta Post

UN chief, Mahathir to visit Palu: Wiranto
UN Secretary-General Antonio Guterres and Malaysian Prime Minister Mahathir Mohamad are scheduled to visit disaster-stricken areas in Palu, Central Sulawesi, Coordinating Political, Legal and Security Affairs Minister Wiranto said Tuesday.
— The Jakarta Post

IMF-WB – Telkom prepares reliable internet for IMF-WB meetings
State telecommunication company PT Telkom Indonesia prepares reliable internet capacity with high speed of up to 40 gigabits per second to support the Annual Meeting of the International Monetary Fund (IMF) and the World Bank
— Antara News

Indonesian Judoka Disqualified From Asian Para Games for Wearing Hijab Due to Safety Concerns
Indonesian judoka Miftahul Jannah was disqualified from the 2018 Asian Para Games on Monday (08/10) for refusing to take off her hijab, which is prohibited from being worn per rules set by international sports governing bodies.
— Jakarta Globe

Pari Island Residents Fight Developer With Snorkels and Homestays
Syahrul Hidayat’s family has lived on the Indonesian island of Pulau Pari for four generations, fishing in its clear blue waters and selling seaweed to supplement their incomes.
— Jakarta Globe

PM Lee to visit Bali for Singapore-Indonesia Leaders’ Retreat
Prime Minister Lee Hsien Loong will be in Bali, Indonesia, on a two-day visit from Wednesday (Oct 10) to attend the Singapore-Indonesia Leaders’ Retreat and ASEAN Leaders’ gathering, a statement from the Prime Minister’s Office (PMO) said.
— Channel NewsAsia

Indonesia raises 20 trillion rupiah in bond auction
Indonesia raised 20 trillion rupiah ($1.31 billion) in a bond auction on Tuesday, the auction’s maximum target, the financing and risk management office at the finance ministry said.
— Business Recorder

IMF-WB meetings use Indonesian internet network: Minister
The annual meetings of the International Monetary Fund and World Bank (IMF-WB) Group held in Bali utilize internet network using cloud computing, Communication and Informatics Minister Rudiantara stated.
— Antara News

IMF-WB – Sumba ikat woven fabric attracts IMF-WB delegates
The Sumba ikat woven fabric has attracted delegations of the International Monetary Fund (IMF) and World Bank annual meetings visiting the Indonesia Pavilion in Nusa Dua, Bali.
— Antara News

 

Feature photo Anorak

This week’s Indonesia morning news feature photo acknowledges World Mental Health Day, October 10.

 

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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