Indonesia morning news for October 12

Indonesia morning news for October 12

Indonesia morning newsSearch called off for Sulawesi disaster victims
PALU (Indonesia) The Indonesian authorities yesterday called off the search for thousands of people still believed to be missing since a magnitude-7.4 earthquake and tsunami devastated Palu city in Sulawesi island a fortnight ago.
— The Straits Times

Indonesia, Singapore Sign $10 Billion Swap Agreement
Indonesia and Singapore signed a $10 billion swap agreement on Thursday to forge closer financial cooperation between the two neighbors, the presidential office said in a statement.
— Jakarta Globe

Indonesia Seeks Global Assistance as Natural Disasters Cost It $1.5b Annually
Indonesia has suffered average annual losses of Rp 22.85 trillion ($1.5 billion) from natural disasters over the past three years, far exceeding the government’s ability to mitigate such risks, prompting it to request the international community to help it come up with a disaster financing and insurance solution.
— Jakarta Globe

Election Supervisory Body Strives for All Migrant Workers to be Listed as Voters
The Election Supervisory Body (ESB) stressed to the General Election Commission to immediately register permanent voter list abroad which is known to amount to around nine million people.
— Netral News

Singapore, Indonesia sign bilateral investment treaty, 4 MOUs
BALI: Singapore and Indonesia have signed a bilateral investment treaty (BIT) and four memoranda of understanding (MOU) at the Leaders’ Retreat between the two countries in Bali on Thursday (Oct 11).
— Channel News Asia

Central Sulawesi Governor Extends State of Emergency by Another 14 Days
Central Sulawesi Governor Longki Djanggola has extended the state of emergency in the areas affected by last month’s earthquake and tsunami by another 14 days and the search for victims’ bodies by another day on Thursday.
— Jakarta Globe

World Bank Criticizes Optimization of Investment Fund for HR
World Bank Group President Jim Yong Kim appreciated the decision of the Indonesian government to allocate a quite large budget to boost the capacity of human resources (HR) through the education budget.
— Tempo.co

Indonesia prepares temporary house sites for displaced people in central Sulawesi
Indonesia has identified locations of temporary houses for those displaced by the recent earthquake and tsunami disasters that severely hit Palu, the capital of Central Sulawesi province, as activities to search more bodies would be terminated on Friday, an official said here on Thursday.
— Xinhua

14 SOEs sign deals on $13.5 b worth of infrastructure projects
Fourteen state-owned enterprises (SOEs) signed on Thursday investment agreements with a number of international corporations for infrastructure projects in Indonesia worth US$13.5 billion.
— The Jakarta Post

Indonesia encourages UNESCO to be more relevant for communities
The Indonesian government, at the 205th UNESCO Executive Board Plenary Session, encouraged the UN agency to be more relevant and beneficial for communities in all its member countries.
— Antara News

Taiwan donates US$500,000 for earthquake victims through Indonesian Red Cross
The Taipei Economic and Trade Office (TETO) in Indonesia has given US$500 thousand to the Indonesian Red Cross (PMI) to help earthquake victims in Central Sulawesi Province.
— Antara News

Mitsubishi Presents Donation for Survivors of Central Sulawesi Earthquake to PMI
Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) donated IDR1 billion (about 8,000,000 Japanese yen) to help the Indonesian people who survivors of the earthquake in Sulawesi.
— Netral News

Negative Campaigns Against Palm Oil Hurt Indonesia’s Economy: Lawmaker, Analysts
An organized and sustained campaign by environmental activists against the palm oil industry has resulted in collateral damage to Indonesia’s economy, a lawmaker and analysts said.
— Jakarta Globe

Column: Indonesia wants to export more coal, buyers ignore the call
Indonesia wants to export more coal in order to earn U.S. dollars to shore up its faltering currency, but the problem is buyers don’t seem to be hearing the message.
— Reuters

Micro and mini-grids to bring power to Indonesia’s off-grid communities
The government wants to help the provinces of eastern Indonesia – in particular Papua, which has the lowest electrification rate in the country.
— PV Magazine

IMF-WB – Finance minister invites WB donors to invest in human capital projects
Finance minister Sri Mulyani Indrawati has invited all World Bank (WB) donors to invest in human capital projects to improve Indonesia`s Human Capital Index.
— Antara News

World Mental Health Day: Indonesia’s struggle to end human shackling
Sodikin spent eight years chained in a tiny shed in his family’s backyard in West Java, Indonesia.
— Euronews

Auction of Jewelry Seized from Corruption Convicts Reach Rp200mn
Corruption Eradication Commission (KPK) announced the results of the auction of the confiscated goods from two corruption case convicts.
— Tempo.co

Abandoned by banks, Indonesia’s poor farmers turn to crowdfunding
Indonesian poultry farmer Yohanes Sugihtononugroho faced ruin 4 years ago when plummeting prices forced him to slaughter all 100,000 of his chickens and shutter his business.
— ABS-CBN News

Singapore and Indonesia ink deal to boost fintech talent
Singapore and Indonesia will team up to implement a fintech learning programme for higher education providers in Indonesia, an announcement revealed.
— Singapore Business Review

Indonesia’s Healthcare & Social Security Agency Remains under Heavy Financial Pressure
The Indonesian government launched its universal healthcare program (Jaminan Kesehatan Nasional, or JKN) on 1 January 2014.
— Indonesia Investments (media release)

Safety first: Indonesian rules, Philippines ambitions and China traceability challenges in our APAC food safety review
Food safety is never far from the headlines in APAC, and our latest monthly review reveals the latest developments in Indonesia, Philippines, Singapore, China anad Hong Kong.
— FoodNavigator-Asia.com

3 Indonesian State Universities in Top 500 List Baffles Jokowi
President Joko ‘Jokowi’ Widodo was baffled by the fact that only three Indonesian state universities managed to break into the world’s top 500 list.
— Tempo.co

IMF-WB – Indonesia happiest state in the world: President
President Joko Widodo (Jokowi) said that Indonesia is home to the happiest people in the world based on a research conducted by US research firm Gallup earlier this year.
— Antara News

Indonesia Laments ‘Over-Dominance’ of U.S. Dollar: IMF Update
Mounting trade tensions and stresses in emerging markets are starting to take a toll on the world economy.
— Bloomberg

Indonesia becomes Fiji’s gateway to ASEAN: Envoy
Indonesia’s desire to engage with its neighboring countries makes it a gateway for Fiji to enhance bilateral ties with 10-nation ASEAN, the Pacific island nation’s envoy said on Wednesday.
— The Jakarta Post (paywall)

Fears as Islamic State stronghold is emerging in Indonesia as 63 terror groups in the region pledge allegiance to the ISIS leader
Fears are growing an Islamic State stronghold is emerging in Indonesia after 63 terror groups in the region pledged allegiance to the ISIS leader.
— Mail Online

Indonesia, Finland seeks further partnership in renewable energy
Indonesia is seeking assistance from Finland to develop renewable energy, which is currently in its early stages.
— The Jakarta Post

Indonesia sees economic stress as good thing in spurring reforms
Indonesia’s weakening currency is a good thing as it will spur the government to accelerate reforms to bolster the economy, according to Thomas Lembong, chairman of the Investment Coordinating Board.
— The Business Times

Four arrested in Indonesia for attempt to buy baby via Instagram
Police in Indonesia’s second-largest city Surabaya have broken up a ring that has been selling babies through an Instagram page which had claimed to be the social media account of an agency promoting family welfare.
— The Star Online

IMF-WB – Indonesia holds bright prospects for long-term investment
Investment Coordinating Board (BKPM) Head Thomas Lembong opined that Indonesia`s long-term investment prospects are bright, so long as there is a sustained increase in demography, technology, and productivity.
— Antara News

Grab Indonesia under fire for ‘mishandling’ sexual harassment report
Online ride hailing app Grab Indonesia has come under public scrutiny over the way the company handled a sexual harassment report after a customer was allegedly assaulted by her Grab driver.
— The Jakarta Post

Today’s Antam Gold Price is Rp664,000 per Gram
Jakarta – The price of PT Aneka Tambang Tbk (ANTAM) gold bar increased by Rp1,000 today. It is compared to the last price uploaded by Antam on Tuesday, October 9, which is Rp663,000 per gram.
— Tempo.co

Palu Mayor Claims Never Received Liquefaction Research Documents
Palu Mayor Hidayat claims he never received research documents on the dangers of Palu’s liquefaction zone even though he had checked the existence of documents that are linked to the natural phenomenon at the Spatial Planning Agency.
— Tempo.co

Bear attacks couple in Riau rubber plantation
A husband and wife extracting latex in a plantation in Kuantan Singingi, Riau, were attacked by a bear on Wednesday.
— The Jakarta Post

UN Chief to Visit Central Sulawesi Disaster Area After Attending IMF-WB, Asean Meetings in Bali
United Nations Secretary General António Guterres is scheduled to visit areas devastated by last month’s deadly earthquake and tsunami in Central Sulawesi later this week.
— Jakarta Globe

Malang history seminar canceled after ‘discussion’ with military
A history seminar scheduled for Oct. 24 at Malang State University (UM) in Malang, East Java has been canceled after a discussion with the Malang Military Command, according to a letter from the university’s history department.
— The Jakarta Post

Indonesian government urges world leaders to achieve peace through religion
At the 6th Congress of Leaders of the World and Traditional Religions, Indonesian Vice Foreign Minister A. M. Fachir urged world leaders to participate in efforts to achieve world peace through the role of religion.
— Antara News

Indonesia’s low tax-to-GDP ratio
The World Bank, the International Monetary Fund (IMF) and the Organization for Economic Co-operation and Development (OECD) — all of which have released their latest surveys on the Indonesian economy at the ongoing 2018 IMF-World Bank Group Annual Meetings in Nusa Dua, Bali — share their views on Indonesia’s utterly low tax-to-GDP ratio.
— The Jakarta Post

 

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. Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.

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