Indonesia morning news for September 5

Indonesia morning news for September 5

Indonesia morning newsIndonesia to Halt $25 Billion Power Projects to Shield Currency
Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in the nation’s currency.
Bloomberg

Malang Faces Administrative Crisis After KPK Nabs 41 Regional Lawmakers for Bribery
Malang, East Java’s second-largest city, appears to be on the brink of an administrative catastrophe after the national antigraft agency arrested 41 of the 45-member Regional Legislative Council for alleged bribery.
The Jakarta Globe

Only 20% of Containers Meet the Standard
Reported from bisnis.com, according to the data from Ministry of Transportation, 80% of the total container used for shipping doesn’t meet the required standards.
Indonesia Shipping Gazette

Bank Indonesia spends Rp 7.1t since Friday to help rupiah
Bank Indonesia Governor Perry Warjoyo said on Tuesday the central bank had spent Rp 7.1 trillion (US$476 million) since last Friday to help the rupiah, which stood at Rp 14,930 per US dollar at 3:30 p.m. on Tuesday.
The Jakarta Post

From Caviar to Coffee, Indonesians May Have to Pay a Lot More for Imported Goods
Caviar, chocolate and stretch limousines could get a whole lot more expensive in Indonesia as the government takes steps to curb imports and halt a sliding currency.
Bloomberg

Rupiah Depreciation May Push Airline Ticket Prices to Rise
Bayu Sutanto, Chairperson of the Indonesia National Air Carriers Association (INACA), says that operating cost of the aviation sector have increased due to the weakening of rupiah. Indonesia’s currency exchange rate has dipped to IDR14,930 per United States (US) dollar.
Netral News

Indonesia minister says rupiah depreciation ‘illogical’
Indonesia’s coordinating minister for economic affairs on Tuesday (Sep 4) called the rupiah’s depreciation since Friday “illogical” and said it did not reflect the state of the economy.
Channel NewsAsia

Authorities Can Only Guide Rupiah Weakening, Not Reverse the Trend
All eyes remain on the Indonesian rupiah today (04/09). Yesterday, the Indonesian currency depreciated 0.71 percent to IDR 14,815 per US dollar (Bloomberg Dollar Index), and considering external pressures remain high the rupiah is expected to continue its decline in the foreseeable future.
Indonesia Investments

Gov’t Set on Revising CAD Policy on Export Commodities
Indonesia Coordinating Minister for the Economy Darmin Nasution says the Indonesian government continues to revise its policies, particularly those related to the current account deficit (CAD).
Netral News

The Future of US-Indonesia Defense Ties Under Trump
Last week, Indonesian Defense Minister Ryamizard Ryacudu was in Washington, D.C., where he met with U.S. Defense Secretary Jim Mattis.
— The Diplomat

Indonesia’s Largest Smart Electrical & Building Automation Exhibition Debuts to Support Making Indonesia 4.0
Pamerindo Indonesia, Indonesia’s largest exhibition organizer, makes its debut on the biggest intelligent devices exhibition, through Elenex Indonesia 2018 in conjunction with Building Systems & Automation Indonesia 2018.
AECNewsToday/PR Newswire (media release)

Indonesia’s Go-Jek to Partner With Peer-To-Peer Lending Firms
Indonesian ride-hailing and online payment company Go-Jek said on Tuesday it will partner with three peer-to-peer (P2P) lending firms as the startup looks to expand its financial technology services in Southeast Asia’s biggest economy.
The New York Times

Asia’s Rising Appetite for Meat, Seafood Will ‘Strain Environment’
Asia’s growing appetite for meat and seafood over the next three decades will cause huge increases in greenhouse gas emissions and antibiotics used in foods, researchers said Tuesday.
VOA

A Call to Stop Use of Coffee Pods in Bali
Java Mountain Coffee, a Jakarta-based social enterprise advocating for sustainable coffee farming, has called on the hospitality industry in Bali to avoid using plastic and aluminum coffee capsules in a bid to reduce pollution.
The Jakarta Globe

Tanjung Priok Port’s CFS Center Have Positive Effect on Ports Services Activity
CFS or Container Freight Station Center is a cargo consolidation Center that started to operate on November 20th 2017. CFS is a storage facility for imported container goods with Less than Container Load (LCL) status which still under customs control.
Indonesia Shipping Gazette

Scott Morrison has faced the first test of his prime ministership in Indonesia
Over the weekend, Scott Morrison faced the first real challenge of his leadership. No, this wasn’t about crunching the budget numbers, stopping the boats or curbing our population growth rate. It was about our neighbour Indonesia.
News.com.au

Philippines, Indonesia tie for 2nd place in Asean factory growth ratings
The Philippines’ manufacturing activity registered a “quicker” pace of growth in August, sharing the second place with Indonesia while factory growth in Southeast Asia regained some momentum in the middle of the third quarter, according to monthly tracking done by IHS Markit for Nikkei, Inc.
Philstar Global

Azelis expands market presence in Indonesia
Azelis expanded into Indonesia with the opening of an office in Jakarta in 2017. Antonius Utomo Prihantono, Managing Director Azelis Indonesia, has already built teams of experts with diverse backgrounds and excellent knowledge of the local market.
Food Ingredients First

Government should be careful to ratify international free trade agreement
The Indonesian government should exercise caution to ratify any international free trade agreement without causing a detrimental impact on the country in future, a lawmaker stated.
Antara

UN selects Indonesian representative as central emergency response fund advisor
The United Nations (UN) has selected Rahmawati Husein as Indonesia`s representative to be a member of the Advisory Group for the Central Emergency Response Fund (CERF), a UN funding mechanism for humanitarian emergencies.
Antara

Indonesia, South Korea to continue to develop eco-innovation of SMEs
Indonesia and South Korea continue to collaborate to develop eco-innovation of Small and Medium Enterprises (SMEs) as part of the efforts to encourage the business sector as an instrument of sustainable and inclusive economic growth.
Antara

Jambi`s seven illegal gold miners still trapped underground: Rescuers
An operation is underway to rescue seven illegal gold miners trapped in an underground shaft they had dug in Parit Tanjung Village, Renah Pembarap Sub-district, Merangin District, Jambi Province, on Tuesday.
Antara

Indonesia ready to send caregivers to Hong Kong
Indonesia expressed readiness during a meeting between Deputy Foreign Affairs Minister A. M. Fachir and Hong Kong Secretary for Labor and Welfare Law Chi-Kong to send caregivers for the elderly to Hong Kong.
Antara

National Police Targets Development of Terrorist Detention Center to be Completed this Year
The National Police Headquarter is currently building a Detention Center specifically for terrorist. The capacity of the special detention center is expected to accommodate 400 terrorists with higher security level than normal detention centers.
Netral News

BMKG Detects 8 Hotspots Indicating Forest Fire in Riau
The Meteorology, Climatology and Geophysics Agency (BMKG) Pekanbaru detected eight hotspots that indicate forest and land fires in five regencies and cities in Riau.
Tempo

Indonesia Spent Less Than $1.6b From State Budget on 2018 Asian Games
The government estimates that it has spent less than the initial state budget allocation on hosting the 2018 Asian Games, thanks to revenue from sponsors and the sales of merchandise, an official said on Monday (03/09).
The Jakarta Globe

Bappenas to Complete Study of Economic Impact After Asian Games
The National Development Planning Agency (Bappenas) will be soon finishing a study on the economic impact of the 2018 Asian Games.
Tempo

It’s Not Over Yet, The Party Continues with 2018 Asian Para Games
Coordinating Minister for Human Empowerment and Culture, Puan Maharani invites all communities to participate in the 2018 Asian Para Games and support Asia’s top disabled athletes.
Netral News

Political parties dispute voters list
The coalition supporting Gerindra Party chairman Prabowo Subianto for the upcoming 2019 presidential election claimed to find 25 million duplicate voter names registered on the temporary voters’ list (DPS).
The Jakarta Post

KPU Denies Double Voter Data Up to 25 Million
Commissioner of the General Election Commission (KPU) Viryan Azis denied that there were 25 million double voters in the final voter`s list (DPT).
Tempo

Police drop charges against alleged hit and run motorist in West Jakarta
The police have decided to drop charges against a motorist who hit motorcyclists and then had his car destroyed by mob in Mangga Besar, West Jakarta, opting instead to send him to a drug rehabilitation center.
The Jakarta Post

Bali hammock manufacturer to present premium line for Maison&Objet
Bali-based parachute hammock manufacturer Ticket to the Moon is one of the Indonesian brands to be featured in Maison&Objet, an annual lifestyle trade fair in Paris, to be held from Sept. 7 to 11.
The Jakarta Post

 

Feature photo Yoshiharu10

 

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.

 

Support independent media by sharing

Leave a Reply

Your email address will not be published.