Indonesia’s Garuda drops 2018 profit hopes, aims for losses under $100 mln
The new boss of Indonesia’s Garuda has abandoned the state-owned airline’s hopes of making a profit this year, saying he aimed to keep losses to less than $100 million despite rising fuel prices and a weaker rupiah.
— Reuters
RI president attends World Economic Forum on ASEAN
Indonesian President Joko Widodo has attended the World Economic Forum on ASEAN held at the National Convention Center in Hanoi, Vietnam, on Wednesday.
— Antara
Indonesian Navy Loses Second Ship in Less Than a Year
One of the Indonesian Navy’s fast missile boats caught fire and sank while on patrol near Sorong in West Papua on Tuesday (11/09), becoming the country’s second naval vessel to perish in the past nine months.
— The Jakarta Globe
Deportation of Indonesian woman temporarily halted by court
A federal judge has temporarily halted the deportation of an Indonesian woman living in New Hampshire at least until he can rule on the legality of her detention.
— Associated Press
Garuda Aksi Siaga to Rebuild Smiles on Lombok Island
574 earthquakes occurred from July 29 to August 19, 2018, turning the islands of Lombok and West Nusa Tenggara into rubble.
— AEC News Today/ PR Newswire (media release)
Palm oil giant’s claim it can’t control Liberian subsidiary a ‘red herring,’ NGO says
One of Indonesia’s biggest family-owned firms is facing fresh criticism over its alleged failure to comply with its sustainability commitments as part of its palm oil operations in Liberia.
— Mongabay
Where are the anoas? Central Sulawesi’s midget buffaloes no longer in sight
An animal researcher of Lore Lindu National Park (TNLL) in Central Sulawesi has claimed that a mammal endemic to the province, the anoa, has rarely been spotted in recent years because of rampant illegal logging and animal poaching.
— The Jakarta Post
Indonesia’s sacrificial songbirds
For many Javanese Indonesians, bird-keeping is in their DNA. A long-held tradition, the popular pastime has spread beyond Java as natives of the island were relocated to less densely populated islands in the country under the Indonesian government’s transmigration program.
— The ASEAN Post
Police shoot three clam fishermen in Riau
Rokan Hilir Water Police in Riau have shot three clam fisherman the police claim were catching clams using dredging equipment without a permit in Riau waters on the border of North Sumatra.
— The Jakarta Post
Overdue debt causes medicine shortage at Jakarta hospitals
Several Jakarta regional hospitals are no longer able to buy medicine because the Healthcare and Social Security Agency (BPJS Kesehatan) is often late in paying their bills, says city secretary Saefullah.
— The Jakarta Post
Indonesia’s ‘Avengers’ President Stands Ready to Defeat Trade Wars
The logic behind the current round of global trade wars was flawed, President Joko “Jokowi” Widodo said on Wednesday, quipping that he was part of a team of superheroes, “The Avengers,” that aims to defeat the ideas stoking such conflict.
— Reuters
Yudhoyono to be named special advisor for Prabowo’s election bid
Democratic Party patron and former president Susilo Bambang Yudhoyono will be named a special advisor to presidential candidate Prabowo Subianto, a contender to President Joko “Jokowi” Widodo in the 2019 presidential election, a party executive said on Wednesday.
— The Jakarta Post
Indonesian scientific publications increased during 2017-2018 period
The number of Indonesian scientific publications, in the form of journal and conference proceedings, recorded in Scopus indexed journals increased substantially in 2017-2018, Research, Technology, and Higher Education Ministry`s Secretary General, Prof. Ainun Na`im stated.
— Antara
South Africa wants to learn from Indonesia in empowering women
South Africa wants to learn from Indonesia in empowering women, in a bid to apply the vision of “Transforming Society through Women Empowerment”, highlighted as a theme of the 35th General Assembly of International Council of Women (ICW).
— Antara
Online Taxi Drivers Stage Protest at Gojek Headquarters
Dozens of online taxi drivers have started to flock Gojek’s headquarters in Blok M, South Jakarta, today to stage a follow-up protest previously held at Grab Indonesia`s headquarters on Monday.
— Tempo
Exploring Hanoi by Riding on Vietnam`s Go-Viet
As of Wednesday, Go-Jek officially introduced its services in Vietnam`s capital city of Hanoi.
— Tempo
Runners’ woes at Asian Games highlight Jakarta’s air pollution problem
Athletes competing in the just concluded Asian Games in Jakarta suffered from some of the worst air quality in a city hosting a major sports event in recent years.
— Mongabay
Four People Named Suspects in C. Kalimantan`s Forest Fire
The Police of East Kotawaringin district, Central Kalimantan, have named four suspects allegedly accused of committing forest fire in a number of areas in the district.
— Tempo
SOE Minister Explains Reasons behind Changes of Garuda CEO
The Minister of State Owned Enterprises (SOE) Rini Soemarno has spoken about the reason behind the changes of state airliner Garuda Indonesia`s board of directors. According to Rini, it was a reasonable arrangement.
— Tempo
Garuda Indonesia Rakes $1.9 billion Operating Revenue and 5.9% Growth
In order to strengthen the financial and operational performance of the company on an ongoing basis, Garuda Indonesia along with its subsidiaries in early 2018 launched a long-term business strategy dubbed Garuda Indonesia Group (Sky Beyond 3.5) – which would be a value-driven aviation group with a Garuda Indonesia group valuation of $3.5 billion by 2020.
— Netral News
Six South Korean Manufacturing Industries Set to Put Investment of $446 Million in Indonesia
Six South Korean manufacturing industries from various sectors are interested to immediately invest $446 million in Indonesia through the 2018 Indonesia-Korea Business and Investment Forum.
— Netral News
Pakistani importers want free trade accord with Indonesia
Pakistan FMCG Importers Association (PFIA) has called upon the Indonesian Government to work on developing a Free Trade Agreement (FTA) for promoting mutual trade especially in the FMCG sector.
— The Nation
Jokowi Aims Indonesia-Vietnam Trade to Reach $10 Billion in 2020
Indonesia and Vietnam are committed to increasing cooperation in the trade sector. The trade trends of the two countries, which have continued to increase over time, will continue to be explored for their potential and developed for the progress of the two countries.
— Netral News
Indonesian businesswoman wins APEC Best Award
Indonesian businesswoman Julie Sutrisno Laiskodat won the APEC Best Award 2018 in the International Attractiveness category, the Indonesian Embassy in Port Moresby, Papua New Guinea, said in a statement here on Wednesday.
— Antara
Government encourages private sector to develop ports
The government has encouraged the private sector to increase its funding in port development to 72 percent by 2030, from 57.4 percent during the 2011-2015 period.
— Antara
Indonesia confident M’sia can solve Semporna kidnap case
Chief of the Indonesian Consul-General’s Office in Tawau, Sulistijo Djati Ismojo, is confident of the Malaysian security forces’ capability in handling the recent kidnapping case in the east coast of Sabah.
— Malaysiakini
Indonesia still a draw for startups despite depreciating rupiah
The recent free-fall of the rupiah could have led to jitters among investors and Singapore companies exposed to Indonesia, but analysts say the country remains attractive for businesses – in particular, startups – to venture into on the back of strong fundamentals.
— The Business Times
Indonesia Wants Tighter FX Rules on Exporters to Help Rupiah
Indonesian exporters must keep their earnings in the country to support efforts by the government to rein in the current-account deficit and shield the rupiah, Finance Minister Sri Mulyani Indrawati said.
— Bloomberg
House Lauds Pertamina`s Step to Cut Oil Imports
The House of Representatives (DPR) has lauded state oil and gas company Pertamina`s step to cut oil imports as part of its efforts to strengthen rupiah.
— Tempo
Indonesian Maritime Business Thriving in 2018
Reported from makassar.sindonews.com, one of Indonesian State-Owned Enterprises in port services, PT Pelindo IV or Indonesia Port Corporation IV (IPC IV) invested big money in 4 ports managed by them.
— Indonesia Shipping Gazette
Feature photo: Patrik M. Loef
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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.