Indonesia morning news for March 22

Indonesia morning news for March 22

Indonesia morning news

New era of Indonesia- South Pacific engagement
Indonesians and the people in countries of the South Pacific belong to one family. We call the Pacific Ocean our home.
— The Jakarta Post

Indonesia threatens to ban European goods
Indonesia has threatened to ban imports of some goods from the European Union (EU) in retaliation for the bloc’s move to impose stricter limits on how palm oil can be used in green fuels.
— The Asean Post

Indonesia’s Lion Air in early stages of long-delayed IPO – sources
Indonesia’s Lion Air has begun preliminary work on an initial public offering (IPO) that has been delayed multiple times over the past five years, sources familiar with the matter said.
— Reuters

Prabowo to Commence Campaign in Makassar; Sandiaga in Sragen
Presidential candidate number 02 Prabowo Subianto would commence his public electoral campaign in Makassar, South Sulawesi on Sunday, March 24.
— Tempo.co

Indonesia’s Election: Drift in the Most Important State in Southeast Asia
Indonesia, the biggest economy in Southeast Asia and long the dominant strategic actor, is a country whose bilateral relationship with the United States has historically underperformed its potential.
— Council Foreign Relations

Can Indonesia stop deforestation?
Environmentalists and the general public were elated in mid-February when news broke that the Indonesian and Norwegian governments had come to an agreement that the latter would pay the former for reducing its carbon emissions.
— The Jakarta Post (paywall)

Indonesia forges regional cooperation to stabilize rubber prices
Indonesian rubber farmers have been hit by falling prices since Q4 of 2018, prompting the government to find ways to stabilize rubber prices, among other things, by forging cooperation with neighboring countries.
— Antara News

Following Fed halt, Indonesia and Philippines hold rates
The Indonesian and Philippine central banks held back from raising their policy rates Thursday, expecting more stable home currencies and relaxed inflation, after the U.S. Federal Reserve signaled an end to its monetary tightening.
— Nikkei Asian Review (paywall)

Ma’ruf Amin: Such Losses if We Do Not Vote for Jokowi
Vice presidential candidate number 01 Ma’ruf Amin explained the performance and achievement of President Joko Widodo or Jokowi administration. Ma’ruf said that his running mate had built a base for ‘takeoff’.
— Tempo.co

North Jakarta drug raid met with gunfire
A drug raid in Kampung Bahari, Tanjung Priok, has been met with gunfire from a crowd, an official at the North Jakarta National Narcotics Agency has said.
— The Jakarta Post

Indonesia strengthens its presence in Africa through deeper economic ties
Last April, the Indonesian government hosted the first Indonesia-Africa forum (IAF) in Bali. Senior delegates and business people from both entities gathered to explore investment opportunities to strengthen economic ties.
— Asean Today

Ministry of Trade Guarantees Staple Food Supply Nearing Ramadan
Following the Ministry of Trade’s coordination meeting on the national staple food supply in Bandung, Indonesian Trade Minister Enggartiasto Lukita said that supplies up to April would suffice the public’s needs.
— Tempo.co

Indonesia central bank holds key rate, keeps focus on stability
Indonesia’s central bank on Thursday kept its benchmark interest rate where it has been since November, stressing that the level fits its focus on financial stability and reducing the gap in the current account.
— The Star Online

Kualanamu Airport records 20 percent drop in domestic passengers
The Kualanamu Airport in North Sumatra recorded a decrease of 20 percent in the number of domestic passengers at the start of 2019 as a result of the rising flight ticket prices.
— Antara News

After more than 100 people die in flash flood, Jayapura prepares mass burial
By Wednesday morning rescue workers had recovered 104 dead victims of a flash flood and landslide that happened across Jayapura regency, Papua on Sunday.
— The Jakarta Post

Political Expert Dissects Jokowi`s Slight Electability Drop
Pelita Harapan University political communication expert Emrus Sihombing argues that the lacking performance of political parties backing presidential candidate Joko “Jokowi” Widodo drove the incumbent’s stagnant electability.
— Tempo.co

Automation to Help Indonesia Continue Growth Trajectory
It’s likely that few business owners in Indonesia today would be able to tell you what robotics process automation (RPA) is. And yet, over the next five years, it will likely be a significant driver of growth in the Indonesia economy.
— Jakarta Globe

Indonesia signs economic agreement with South Pacific countries
Indonesia signed a joint statement on the launch of a preferential trade agreement (PTA) respectively with Papua New Guinea and Fiji during the South Pacific Forum (ISPF) held in Jakarta on Thursday.
— Antara News

Prabowo to Commence Campaign in Makassar; Sandiaga in Sragen
Presidential candidate number 02 Prabowo Subianto would commence his public electoral campaign in Makassar, South Sulawesi on Sunday, March 24.
— Tempo.co

Government supports creation of labor for construction industry
The government supports various efforts to increase technology mastery and the creation of a qualified workforce, with competency certificates of expertise, to support development of the construction industry.
— Antara News

Prabowo’s distant relative allegedly learns ATM skimming from black market
Police say the suspect in an ATM skimming case, Ramyadjie Priambodo, a distant relative of presidential candidate Prabowo Subianto and former treasurer of the Gerindra Party’s youth wing, acquired bank account data from an online black-market community.
— The Jakarta Post

Indonesians need to be aware of importance of protecting forests
Indonesian Minister of Environment and Forestry Siti Nurbaya emphasized the importance of raising people’s awareness over protecting forests in her statement to mark this year’s International Day of Forests on Thursday.
— Antara News

Bank Indonesia in no rush to cut rates – ANZ
ANZ analysts note that the Bank Indonesia (BI) has kept its 7-day reverse repo rate unchanged at 6.00% today, in line with expectations.
— FX Street

Ma’ruf Amin Reported to Bawaslu for Alleged Black Campaign
Vice presidential candidate number 01 Ma’ruf Amin was reported to the Election Supervisory Board (Bawaslu) by a group called Advocates Care for Election (Advokat Peduli Pemilu) Thursday, March 21.
— Tempo.co

Indonesia c.bank holds key rate, keeps focus on stability
Indonesia’s central bank on Thursday kept its benchmark interest rate where it has been since November, stressing that the level fits its focus on financial stability and reducing the gap in the current account.
— Reuters

Another Sibolga terrorism suspect arrested in East Kalimantan
Police have arrested a man they refer to as both M and Abu Arkam in Berau, East Kalimantan, accusing him of involvement in the explosions in Sibolga, North Sumatra, that have been linked to the banned Jamaah Ansharut Daulah (JAD) group .
— The Jakarta Post

WALHI initiates people’s forum ahead of presidential elections
The Indonesian Forum for the Environment (WALHI) has planned a people’s forum at the Gelora Bung Karno (GBK) Basketball Hall in Central Jakarta on Saturday to explore the main environmental issues ahead of the presidential elections on April 17.
— Antara News

Indonesia: look beyond quotas for gender representation
Fewer than 10 countries are close to parity between men and women in their main national legislative chamber and only 3 – Bolivia, Cuba, and Rwanda – have more women parliamentarians than men, according to the Inter-Parliamentary Union.
— Lowy Institute

Ma’ruf Amin Reported to Bawaslu for Alleged Black Campaign
Vice presidential candidate number 01 Ma’ruf Amin was reported to the Election Supervisory Board (Bawaslu) by a group called Advocates Care for Election (Advokat Peduli Pemilu) Thursday, March 21.
— Tempo.co

Entrepreneurs label Jokowi an unselfish president
Entrepreneurs who are members of the Pro-Jokowi (KerJo) Employers Entrepreneur believe Jokowi is an unselfish President of the Republic of Indonesia because he always involves entrepreneurs while introducing policies related to the business world.
— Antara News

Indonesia reviews CEPA after EU proposes cap on palm oil-based biofuels
Indonesia has said it is now reviewing negotiations over the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) in response to a recent European Union proposal to put a cap on palm oil-based biofuels.
— The Jakarta Post

Indonesia Holds Interest Rate as It Shifts Focus to Growth
Indonesia’s central bank left its benchmark interest rate unchanged for a fourth month as the U.S. Federal Reserve’s shift to a prolonged pause gives policy makers in Southeast Asia’s biggest economy room to support growth.
— Bloomberg

Rupiah continues to strengthen
The rupiah was quoted at Rp 14,122 per US dollar at 10:27 a.m. on Thursday, having strengthened 0.46 percent since Wednesday, according to the foreign exchange spot market. It was the fifth day of appreciation for the currency.
— The Jakarta Post

Pupuk Indonesia targets export of 1.9 million tons of fertilizer
State-owned fertilizer producer PT Pupuk Indonesia has targeted to export some 1.9 million tons of fertilizer this year, which is almost equal to that of last year.
— Antara News

‘Nothing was left’: Flash floods, landslides hit Indonesia’s Papua region
Rain-triggered flash floods and landslides that struck Indonesia’s easternmost province this past weekend have killed nearly 90 people and driven thousands from their homes.
— News Mongabay

Jakarta MRT lacks signs in stations, cars: YLKI
The Indonesian Consumers Foundation (YLKI) reminded the authorities to equip the Jakarta MRT with signs for the safety of customers and the facility’s sustainability.
— The Jakarta Post

Tmall Global unveils new initiatives to boost China’s imports
Tmall Global today unveiled two key initiatives that further Alibaba’s plans to bring $200 billion worth of international goods into China over the next five years and help businesses of all sizes enter the China market.
— Antara News

BI maintains rate after Fed’s dovish outlook
Bank Indonesia (BI) has decided to maintain its policy rate for four successive months while also undertaking several steps to boost the domestic economy.
— The Jakarta Post

 

Feature photo Fully Syafi/ Greenpeace

This week’s Indonesia morning news feature photo acknowledges International Day of Forest, March 21.

 

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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Piseth Pov graduated with a Bachelor’s degree in Economics Science from the Royal University of Law and Economics, Phnom Penh in 2017, and a Bachelor’s degree in English Communications from Western University, Phnom Penh, the same year.

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