Indonesia morning news for October 22

Indonesia morning news for October 22

Indonesia morning newsIndonesia’s foreign reserves hit two-year low
Indonesia’s foreign reserves have fallen to a level not seen for two years after the central bank’s repeated interventions in the currency market to defend the rupiah.
— Nikkei Asian Review (paywall)

Nations pledge more than US$15 million for C. Sulawesi, but Indonesia must rely on itself
After President Joko “Jokowi” Widodo declared that ‏Indonesia would accept foreign aid to reconstruct Central Sulawesi following a strong earthquake with a subsequent tsunami and soil liquefaction, a number of countries have pledged help.
— The Jakarta Post

China-backed dam in Indonesia rainforest to cut through home of world’s rarest orangutan
A billion-dollar hydroelectric dam development in Indonesia that threatens the habitat of the world’s rarest great ape has sparked fresh concerns about the impact of China’s globe-spanning infrastructure drive.
— South China Morning Post

Making Indonesia 4.0 Program to Reduce Electronics Imports
The Making Indonesia 4.0 program is expected to be able to cut electronics component imports, said the Head of the Industrial Research and Development Agency (BPPI) at the Ministry of Industry, Ngakan Timur Antara.
— Tempo.co

MPTC infuses $20M into Indonesia infra firm
The tollways arm of Metro Pacific Investments Corp. is investing an additional $20 million in Indonesia on top of investments recently made to raise its stake to over three-fourths in an Indonesian infrastructure company.
— The Philippine Star

National Museum to Receive Fund Up to Rp1 Billion Annually
The government will set aside Special Allocation Funds (DAK) for several national museums in the country.
— Tempo.co

Drugs from Malaysia Now Smuggled through Riau, Police says
The smuggling of crystal meth drug from Malaysia to Indonesia no longer goes through Aceh’s waterways, but through Dumai and Bengkalis, Riau.
— Netral News

Indonesia police arrest two men linked to LGBT Facebook page
Indonesian police have arrested two men who allegedly operated a Facebook account to facilitate meet-ups for gay people and other sex-related services, a senior officer in the province of West Java said on Sunday.
— Bangkok Post

Govt Builds Asia`s Best Observatory Telescope in Lampung
The Indonesian provincial government of Lampung builds an observatory telescope which is located in the forest park (Tahura) of Wan Abdul Rachman, Lampung and expected to be the best in Asia.
— Tempo.co

Japan-led consortium to lend $1.3bn to Indonesia LNG power plant
A consortium of international banks, led by the government-owned Japan Bank for International Cooperation, will jointly lend $1.31 billion for a thermal power station in Indonesia fueled by liquefied natural gas.
— Nikkei Asian Review (paywall)

Indonesian Best PUBG Squads Set to Compete for the National Championship Finale
PlayerUnknown’s Battleground Mobile (PUBG Mobile), an online multiplayer battle royale game developed by Tencent, will be holding its inaugural mobile e-Sports tournament in Indonesia, the Grand Final PUBG Mobile Indonesia National Championship (PINC) 2018, on October 20-21, 2018.
— AEC News Today/ PR Newswire (media release)

Indonesia to renegotiate fighter jet deal with S.Korea to ease FX burden
Indonesia is seeking “lighter” financial terms in a renegotiated project with South Korea to jointly develop a mid-level fighter jet, in a move aimed at supporting the rupiah by reducing use of the country’s foreign exchange reserves, a senior Indonesian official said
— Business Standard

Jakarta Plans To Replace Transjakarta Buses With Trams
The Greater Jakarta Transportation Agency (BPTJ) plans to substitute Transjakarta buses with trams in anticipation of an increase in the number of public transport passengers in the future.
— Indonesia Expat

Ministry develops 26 young entrepreneurs through creative business program
The Ministry of Industry is developing 26 young entrepreneurs under a Creative Business Incubator 2018 program for small and medium-scale businesses (SMI) of the craft and mode sectors, a senior official said.
— Antara News

Wind energy potential in Indonesia
Southeast Asia is home to a wind energy “goldmine” just waiting to be tapped.
— The Asean Post

Need for fish continues to increase: Ministry
The Ministry of Maritime Affairs and Fisheries (KKP) has stressed the importance for the nation to continue developing its fish cultivation as the world`s need for fish consumption, including in Indonesia, will continue to increase
— Antara News

Circus of shame rolls into town as Indonesia weeps from earthquake
It’s one of those moments when politics rear its ugly head and we are once again reminded that politicians could do the worst thing imaginable to just score a political point.
— Inquirer.net

Dozens of Indonesian dancers perform in Solo to enliven SCFD
Dozens of dancers from Ekosdance Company performed energetically with the concept of hip hop music to enliven the Solo Car Free Day (SCFD) activities ahead of Indonesia Dancing 2018 on Jalan Slamet Riyadi Solo, Sunday …
— Antara News

Abused Indonesian migrant worker becomes rights fighter
Abused Indonesian migrant worker becomes rights fighter
‘I didn’t deserve to be a slave,’ says woman brutalized by Hong Kong boss and later cited by ‘Time’ magazine in top 100 list
— La Croix

MMAF Teams up with SKK Migas in Building Energy Security in Coastal Areas
JAKARTA, NNC — The Ministry of Maritime Affairs and Fisheries (MMAF) and Upstream Oil and Gas Executive Task Force (SKK Migas) work together to build energy security through the security synergy of national strategic industries.
— Netral News

Tokopedia said to be discarding own e-wallet in favour of OVO partnership
Indonesian e-commerce unicorn Tokopedia is in the process of replacing its own e-wallet with Lippo Group’s e-money company OVO, according to a Tech in Asia report.
— Deal Street Asia

Graceful tribute to Javanese history
The beaches of Banyuwangi in East Java came alive on Saturday as hundreds of dancers performed the traditional Gandrung dance at the annual Gandrung Sewu festival.
— The Straits Times

Indonesian Navy foils baby lobsters smuggling in riau
The Indonesian Naval Base in Dumai has foiled an effort to smuggle around 10,000 baby lobsters in Indragiri Hilir Regency, Riau.
— Antara News

Bandung: Gay Couple Arrested For Running LGBT Facebook Page
The Police have arrested a man and his partner for allegedly running a Facebook page for the gay community in Bandung, West Java, in Indonesia’s first case of criminalisation of homosexual hangouts on social media.
— Indonesia Expat

 

Feature photo United Nations Peacekeepingx

This week’s Indonesia morning news feature photo acknowledges United Nations Day, October 24.

 

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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