Indonesia morning news for October 18

Indonesia morning news for October 18

Indonesia morning newsWhat Are Indonesia’s Minimum Wages By Province in 2019?
Based on a circular that was issued by Indonesia’s Manpower Ministry on 15 October 2018, the Indonesian government plans to raise provincial minimum wages by 8.03 percent in 2019.
— Indonesia Investments (media release)

Indonesia`s budget deficit reaches 1.35 percent of GDP late September
Indonesia`s budget deficit stood at Rp200.2 trillion or 1.35 percent of the national gross domestic product (GDP) by the end of September 2018, Finance Minister Sri Mulyani Indrawati said.
— Antara News

Safeguarding Indonesia’s development from increasing disaster risks (video)
Imagine that you live near one of the 127 active volcanoes in Indonesia, threatened by the next eruption that could endanger your family.
— AEC News Today (video)

Indonesia Continues Upward Trajectory in WEF Global Competitiveness Report
Indonesia has moved up in the global competitiveness ranking, thanks to improvements in its institutions, infrastructure, technology adoption, economic stability and business climate, the World Economic Forum said in its Global Competitiveness Report, published on Wednesday.
— Jakarta Globe

Mandiri pockets profit of Rp18.1 trillion up to 20 percent
PT Bank Mandiri Tbk pocketed a net profit of Rp18.1 trillion in the third quarter of 2018, or an increase of 20 percent annually (year on year/yoy) compared to the same period last year.
— Antara News

Indonesia Eases Tax Holiday Policy for New FDI Projects in All Sectors
In a bid to attract more investment to support the country’s economic growth, Indonesia recently issued a new regulation granting a 100 percent Corporate Income Tax (CIT) cut to new FDI-backed businesses.
— Asean Briefing

Indonesia, Singapore can be engines of Asia`s economic power: Minister
Indonesia and Singapore have the potential to become the twin engine of Asia`s economic power to boost the region`s economic growth, a cabinet minister has said.
— Antara News

Online Licensing System of Agriculture Ministry to Facilitate Investments in Agricultural Sector
The Ministry of Agriculture facilitates the licensing system in the agricultural sector through services based on the Electronic Agricultural Licensing Service Management Information System.
— Netral English

BMKG installs 20 portable seismographs in Sulawesi
The Meteorology, Climatology, and Geophysics Agency (BMKG) has installed 20 new portable seismographs in Sulawesi to monitor seismic activities in the island.
— Antara News

PDIP: Jakarta`s Zero Down Payment Housing Not for the Poor
Jakarta Governor Anies Baswedan said his housing program called the citizen’s housing solution (SAMAWA), which was initially known as the zero percent down payment program, is meant for Jakarta`s middle-class that earns an income up to Rp4-Rp7 million per month.
— Tempo.co

5 bird species lose protections, more at risk in new Indonesia decree
A new decree from Indonesian authorities drops five bird species from a newly expanded list of protected wildlife, and potentially sets the stage for more to follow by widening the scope under which protected status can be rescinded.
— Mongabay.com

70,000 Palu Earthquake Refugees Need 18,000 Tents
Palu – National Disaster Management Agency (BNPB), said that Palu earthquake refugees needed 18,000 tents for around 70,000 people. As for the school tents, 800 tents are needed in three regions.
— Tempo.co

Indonesia’s President Suddenly Looks Vulnerable
Indonesian President Joko Widodo was riding a wave of popularity a few months ago, with most pundits and pollsters predicting he would easily win a second five-year term in next April’s presidential election.
— Wall Street Journal

Indonesia targets closure of Freeport deal in December -official
Indonesia’s state-owned miner Inalum is looking to finalize a $3.85 deal for majority control of the local unit of global mining giant Freeport McMoRan Inc in December, a company official said on Wednesday.
— Reuters/ CNBC

Indonesia minister says trade deal with Australia on schedule
JAKARTA: Indonesia’s Trade Minister Enggartiasto Lukita on Tuesday (Oct 16) denied a report that Jakarta was considering putting on hold a trade pact with Australia over a proposal by Canberra to recognise Jerusalem as Israel’s capital.
— Channel News Asia

Jokowi submits tens of thousands of land certificates in Marunda
President Joko Widodo (Jokowi) handed over tens of thousands of land rights certificates to the community in Marunda, Cilincing, Jakarta.
— Antara News

Police conduct ballistic testing of bullets found in legislators’ offices
The police will conduct a ballistics test following the finding of two bullet projectiles in the legislators’ offices in the parliament building, Central Jakarta Police Chief Senior Commissioner Roma Hutajulu …
— Antara News

Indonesian Minister of Agriculture Amran opens export market of mangosteen to Taiwan
Under the leadership of Andi Amran Sulaiman, Indonesia’s Ministry of Agriculture aims to increase the export volume of various food commodities. Its goal is to spur on the national economic growth and strengthen the rupiah exchange rate, a goal they think can be certainly realized.
— Fresh Plaza

Indonesia’s year-end budget deficit to reach 1.83-2.04 percent of GDP
Finance Minister Sri Mulyani Indrawati projected Indonesia’s budget deficit to reach 1.83-2.04 percent of the gross domestic product (GDP) at the end of 2018, lower than the 2.19 percent target set in the state budget.
– Antara News

Commentary: Infrastructure development key to unlocking archipelagic Indonesia’s potential
Indonesia has come a long way since the dark days of the Asian Financial Crisis.
— Channel NewsAsia

Australians question how aid money is being spent in Indonesia after shift to ‘aid investment’
Australia pledged $5.5 million in relief aid to Indonesia earlier this month in the wake of an earthquake and tsunami that killed more than 2,000 people and displaced millions more, but the pledge has sparked an online backlash over how Australian aid money to Indonesia is being spent.
— ABC News

Indonesia and Malaysia Lead in Upcoming Oil and Gas Projects Count in Southeast Asia to 2025, Says GlobalData
A total of 47 crude and natural gas projects are slated to commence operations in six countries across Southeast Asia over the period 2018 to 2025.
— OilVoice

Official Says Only Five Percent Of Jakarta’s Children Are Physically Fit
Jakarta’s children face high health risks, as only 5 percent are deemed to be physically fit, a youth official has said.
— Indonesia Expat

Indonesia Commits to Ocean Sustainability with Ocean Conference
Jakarta – Foreign Affairs Minister Retno Marsudi together with Minister of Maritime Affairs and Fisheries Susi Pudjiastuti are set to team-up upon holding a world level conference entitled `Our Ocean Conference` that will be held in Bali on October 29-30.
— Tempo.co

Aquaculture expected to supply 60 percent of fish consumption in 2019
The Maritime Affairs and Fisheries Ministry has said aquaculture is expected to supply 8.76 million tons of fish to the domestic market in 2019, or 60 percent of the country’s fish consumption.
— The Jakarta Post

Nippon Shokubai launches social contribution program to develop ‘Japan-Indonesia Friendship Forests of Banten Bay for Biodiversity Preservation’
Nippon Shokubai Co., Ltd. has newly begun to develop “Japan-Indonesia Friendship Forests of Banten Bay for Biodiversity Preservation” in the Republic of Indonesia. The company held an opening ceremony for the project and conducted the first round of tree-planting activities.
— Antara News

Minister of Religious Affairs Firmly Disapprove of LGBT
Jakarta – Minister of Religious Affairs Lukman Hakim Saifuddin asserted that he rejected the behavior of Lesbians, Gay, Bisexual, and Transgender or LGBT. In a video shared on social media, Lukman denied an old video circulating that showed as if he was supporting LGBT.
— Tempo.co

LIPI to Study Swarms of Jellyfishes at Ancol Beach
A recent phenomenon that captured public`s attention happened in Ancol beach where a myriad of jellyfishes swarmed the coastline at one of Jakarta`s popular beach destinations.
— Tempo.co

Rupiah hits new equilibrium at 15,000 per dollar: Observer
The Indonesian currency rupiah has reached a new equilibrium in value at 15,000 per U.S. dollar reflecting the condition of the country`s economic fundamentals, an economic observer said.
— Antara News

Indonesia on the verge of a connectivity revolution
Forty-two years after Indonesia launched Palapa A1 to become the world’s first developing country to use satellite communications, it is now on the verge of completing the Palapa Ring, a 67,887-kilometer broadband fiber optic cable network stretching the length and breadth of the sprawling archipelago.
— Asia Times

Minister does trial test of local-made radar to anticipate ship accidents
Jakarta (ANTARA News) – The Ministry of Transportation will test local radars by the Sepuluh Nopember Institute of Technology Surabaya (ITS), namely an early warning and ship safety monitoring system called Automatic Identification System of ITS (AISITS).
— Antara News

 

Feature photo Oma teos

This week’s Indonesia morning news feature photo acknowledge International Day for the Eradication of Poverty, October 17.

 

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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