Indonesia morning news for February 22

Indonesia morning news for February 22

Indonesia morning newsJanuary Debt at 30.1% of GDP, Finance Ministry Says
The Finance Ministry announced that the total debt owed by the central government as per January 2019 reached Rp4,498.56 trillion.

Bank Indonesia keeps rate at 6 percent in February
Bank Indonesia (BI) announced its plan to maintain its policy rate for the third successive month after a two-day board of governors meeting on Thursday.
— The Jakarta Post

GDP in agricultural sector increases to almost half of state budget
Agriculture Minister Andi Amran Sulaiman has claimed that the national gross domestic product (GDP) from the agricultural sector has increased significantly to almost half of the state budget since President Joko Widodo (Jokowi) took office in October 2014.
— Antara News

Bank Indonesia Develops Halal Economy Ecosystem
Bank Indonesia Governor Perry Warjiyo said that halal economy has good prospects in Indonesia.

Indonesia to open fishing zone near disputed S. China Sea
Indonesia plans to open a fishing zone within its exclusive economic zone (EEZ) at the southern edge of the disputed South China Sea, most of which is claimed by China, later this year, to prevent foreign encroachment, a cabinet minister said Wednesday.
— Bangkok Post

Military borrows money for Citarum River clean-up
The fate of the government’s ambitious program to clean up the Citarum River — the longest and dirtiest river in West Java — has been mired by the late disbursement of funding, forcing the Indonesian Military (TNI), which is involved in the program, to ask for money from a foundation.
— The Jakarta Post

UPDATE 1-Indonesia aims for more lending while holding key rate
Indonesia’s central bank kept interest rates on hold on Thursday and said it was looking at ways to boost loan growth, but indicated it was in no hurry to start rolling back last year’s six benchmark hikes.
— Reuters

Indonesia ranks third among most optimistic countries
Indonesia ranks third among the most optimistic countries globally, after India and the Philippines, according to the Conference Board Global Consumer Confidence Survey, which was conducted in collaboration with Nielsen.
— The Jakarta Post

Lombok considered one of best islands in the world: Yahya
Tourism Minister Arief Yahya lauded New York-based Travel and Leisure Magazine for including Lombok, Bali, and Java Islands in its article entitled the 15 Best Islands in the world.
— Antara News

Hospitality Indonesia Expo expected to attract seven thousand visitors
The Second Hospitality Indonesia Expo, which will be organized at the Jakarta International Expo (JIEXPO) from Oct 23 to 26, 2019, is expected to attract at least seven thousand visitors.
— Antara News

Tax office gets data of Indonesian wealth in 65 countries
After joining 120 countries in the Automatic Exchange of Information in 2018, the tax office has obtained information about the wealth of Indonesian nationals that is deposited in financial institutions in 65 countries, according to the Finance Ministry’s Taxation Directorate General.
— The Jakarta Post

Feature: The curious case of the Indonesian passport
You see it all the time in Hollywood films: Main characters nonchalantly get on a plane to fly somewhere abroad, impulsively booking a trip to a foreign destination and effortlessly going after a golden opportunity that lies ahead, wherever it may be – without having to bother with any visa requirements.

Gov’t Boosts Tourist Village Homestays Program in 10 New Bali
Tourism Ministry boosts a program to build tourist village homestays in ten designated priority destinations or known as 10 New Bali.

Indonesia must control own assets: Prabowo camp
A spokesman for the presidential campaign of Mr Prabowo Subianto and Mr Sandiaga Uno has said the presence of foreign entities in Indonesia’s sea-ports could threaten the country’s maritime sovereignty, similar to how its airspace is almost entirely controlled by neighbour Singapore.
— The Straits Times

Australia, Indonesia, Swiss tourism boards open new vistas for travellers
Draw your eye down some of the recent ads for visiting Australia, or Indonesia or even Switzerland and what you will miss are the tried and tested itineraries.
— Business Standard

UN demands probe into Indonesian treatment of Papuans
United Nations human rights experts have demanded an independent probe into “alleged killings, unlawful arrests, and cruel, inhuman and degrading treatment of indigenous Papuans” by Indonesian police and military in West Papua and Papua provinces.
— One PNG News

Taxation committee suggests incentives for online marketplace
The Taxation Supervisory Committee (KPP) has suggested that digital marketplace service providers need incentives to balance out the additional burden of a new regulation on tax treatment for e-commerce transactions.
— The Jakarta Post

Farmaku: Demand for Cosmetics & Healthcare Products On the Rise in Indonesia
Data shows that consumer demand for beauty and cosmetic products, as well as medicine and healthcare products, is on the rise in Indonesia.
— AEC News Today/ PR Newswire (media release)

Industry Ministry to Boost 5 Sectors of Investment and Exports
Minister of Industry Airlangga Hartanto announced the prioritization of five investment and export sectors meant to boost Indonesia’s 4.0 Industry.

Indonesia offers five oil and gas blocks, including three greenfields
Indonesia is offering five oil and gas blocks, three greenfield and two already producing blocks, in its first round of tenders in 2019, Deputy Energy Minister Arcandra Tahar told reporters on Thursday.
— Reuters Africa

Indonesia mutual fund assets rose 2.49% in January
Indonesia’s mutual fund industry assets rose 2.49% last month as a decline in equity funds, which account for almost 30% of the total, was offset by gains in bond and other funds, according to latest figures from the country’s financial services regulator.
— Asia Asset Management

Regulation on e-commerce to promote domestic products
The Trade Ministry is preparing a regulation on e-commerce that will promote domestic products, the ministry’s domestic trade Director General Tjahya Widayanti said.
— The Jakarta Post

All These Asian Tech Deals Are Drawing Equity Bankers to Feast
If you need further proof of Asia’s vibrant tech sector, look no further than the seasoned IPO bankers who are getting in on the action.
— Bloomberg

Indonesians clean up the beach one sandal at a time
Hundreds of people sifted through a vast wasteland of rubbish strewn across a beach in Indonesia on Thursday, underscoring the Southeast Asian archipelago’s mammoth marine waste problem.
— Manila Bulletin

Village Officials’ Wage Raise in 2020 Equivalent to Civil Servant
The Indonesian government officially announced it will raise the wage of village officials to equal that of Level IIA Civil Servants (PNS) starting from the year 2020.

West Kalimantan Rice Farmers Adopt Organic Agriculture
The Ministry of Agriculture (MoA) in collaboration with the Food and Agriculture Organization of the United Nations (FAO) today launched a programme to assist smallholder farmers in West Kalimantan to adopt organic methods for rice production.

Watchdog urges BPK to assess state losses from salaries paid to graft convicts
Antigraft watchdog Indonesia Corruption Watch (ICW) on Wednesday urged the Supreme Audit Agency (BPK) to calculate state losses arising from the payment of salaries to 1,466 civil servants convicted of corruption between 2011 and 2018.
— The Jakarta Post

FM Marsudi to campaign for indonesia`s candidacy for UNHCR membership
Foreign Minister Retno L. P. Marsudi will campaign for Indonesia`s candidacy for membership of the United Nations Human Rights Council (UNHRC) for the 2020-2022 term during the 40th session of the UN body.
— Antara News

Villagers in Indonesia’s Mojokerto force relocation of Christian’s grave in Muslim cemetery
Being a religious minority in Indonesia can not only lead to struggles in life, but also after death, as illustrated in this latest story of yet another burial dispute based on religion, this time taking place in Mojokerto, East Java.
— Coconuts Jakarta

Gov’t Wants Avtur Supplied by Companies Other than Pertamina
Coordinating Minister of Maritime Affairs Luhut Binsar Pandjaitan agreed to the concept of having more energy companies supply jet fuel or avtur for Indonesia’s commercial flight industry.

Jokowi hopes training center in pesantren will effectively improve skills
President Joko Widodo (Jokowi) has expressed hope that the vocational training center (BLK) established in Islamic boarding schools (pesantren) would effectively improve skills of work forces.
— Antara News

The privacy battle in Indonesia – the longer the battle, the more consumers stand to lose
Privacy was one of the issues that received wide regulatory attention in 2018 and it will continue to be among trending issues in 2019 given rising concerns over data security.
— The Jakarta Post


Feature photo kolibri5


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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