Indonesia morning news for May 7

Indonesia morning news for May 7

Indonesia morning news

Indonesia’s Economic Growth Disappoints as Exports Slump
Indonesia’s economic growth slowed in the first quarter amid a global slowdown that hurt the nation’s exports.
— Bloomberg

President Jokowi Serious about Capital City Move
During a fast-breaking gathering at the State Palace in Jakarta today, President Joko “Jokowi” Widodo told state institution leaders that his administration was serious about moving the country’s capital city.
— Tempo.co

Indonesian consumer confidence drifts up on economy
Consumers in Indonesia stoked a stronger upbeat response over the country’s economy on the backdrop of a higher consumer confident index in April, a survey of the central bank showed here on Monday.
— China Org

Trend of weakening rupiah only temporary, says BI
Bank Indonesia said the trend of the rupiah weakening against the US dollar, which has been going on for at least the past two weeks, is a temporary symptom due to the uncertainty in the global financial market.
— Antara News

Indonesia denies Shell selling stake in Masela project
Upstream Oil and Gas Regulatory Agency (SKKMigas) chairman Dwi Soetjipto says that Royal Dutch Shell is denying speculative reports that claim the company is about to sell its stake in the Abadi liquefied natural gas (LNG) project from gas rich Masela Block.
— The Jakarta Post

Shared meals and torch-lit parades: Indonesia Muslims welcome Ramadan
From cleaning up relatives’ graves and sharing food with the poor to holding colourful torch-lit street parades, millions of Indonesians are getting ready to welcome the holy month of Ramadan in the world’s populous Muslim-majority country.
— The Online Citizen

LRT will cultivate new transport culture, says Bogor official
The Bogor administration says that the LRT Greater Jakarta (Jabodebek) will significantly change the West Java city’s transportation culture, once it started running.
— The Jakarta Post

Indonesia Chases Manufacturing Hub Dream as Commodities Wither
Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea, according to Industry Minister Airlangga Hartarto.
— Bloomberg

Ministry compiles design to be applied for new capital city
The Public Works and Public Housing Ministry has readied a design for the new capital city that incorporates the concept for the presidential palace, government offices, official residences, and commercial housing.
— Antara News

5.07 Percent Economic Growth Pretty Solid: Bank Indonesia
Bank Indonesia (BI) deemed Indonesia’s 5.07 percent economic growth in the first quarter pretty solid.
— Tempo.co

Why Indonesia Wants to Move Its Capital Out of Jakarta
Indonesian President Joko “Jokowi” Widodo may finally push forward a long-standing proposal to move the nation’s capital out of the polluted, sinking city of Jakarta, and off the crowded main island of Java.
— City Lab

Indonesia to sink scores of boats to deter illegal fishing
Indonesia began sinking dozens of impounded foreign boats Saturday to deter illegal fishing in its waters, a week after a naval vessel clashed with a Vietnamese coastguard near the South China Sea.
— The Online Citizen

Express Taxi’s shareholders agreed to convert bonds into shares
Shareholders of publicly listed PT Express Transindo Utama, which operates Express Taxi, agreed to convert bonds worth Rp 1 trillion (US$69.87 million) into shares during an extraordinary shareholders meeting on Monday.
— The Jakarta Post

A unique opportunity for a fresh and bold start to the Indonesia-Australia relationship
Despite the threat of protests and court action by opposition candidate Prabowo Subianto, Indonesia has once again pulled-off a remarkably successful election process, involving 193 million voters, with almost no violence or threat to the nation’s democracy.
— Canberra Times

Capital City Relocation Must Not Affect Forests: Bappenas
National Development Planning Agency (Bappenas) Chief Bambang Brodjonegoro said the planned relocation of the country’s capital city would not affect forests, and that the new capital would adopt a green city design.
— Tempo.co

Turning the tide on plastic waste in Indonesia
Indonesia was ASEAN’s leading plastic polluter, responsible for 200,000 tonnes of the plastic that ended up in the oceans. Four of its rivers made a list of the world’s 20 most polluted. In Bandung, it got so bad the army had to help clean things up.
— Asean Today

Papuan armed group lambasts death penalty demand for member
The National Liberation Army of West Papua (TPNPB) has lambasted the government for demanding the death penalty for a TPNPB member arrested over the killing of military personnel.
— The Jakarta Post

Government plans to establish vocational education committee
The government discussed a plan to establish a vocational education committee that would manage a number of matters related to the subject.
— Antara News

Why identity politics in Indonesia is here to stay
Pending the release of the official vote count of the recent Indonesian presidential election on May 20, incumbent Joko Widodo nevertheless looks set to have won a second term. Various unofficial quick-count tallies — which have proven reliable in the past — show him leading Prabowo Subianto by eight to 10 percentage points.
— Today Online

Govt to Take Stern Action against Moves to Delegitimize Elections
Coordinating Minister for Political, Legal, and Security Affairs Wiranto said the government would take stern action against any group or individual seeking to delegitimize the 2019 general elections. He added the government would form a team for this.
— Tempo.co

Storefront awning collapses despite good weather in Depok
A storefront awning of a convenience store in Pasir Gunung Selatan, Cimanggis subdistrict, Depok, West Java, collapsed despite fine weather on Monday, damaging at least four motorcycles parked in front of the store.
— The Jakarta Post

Rupiah weakens on lower-than-expected first-quarter economic growth
The Indonesian rupiah weakened against the US dollar on the interbank Jakarta spot market on Monday evening with a lower-than-expected economic growth in the first quarter of 2019.
— Antara News

Indonesia Muslims welcome Ramadan
From cleaning up relatives’ graves and sharing food with the poor to holding colourful torch-lit street parades, millions of Indonesians are getting ready to welcome the holy month of Ramadan in the world’s most populous Muslim-majority country.
— The Phnom Penh Post

Capital relocation plan requires private sector input: Business advocates
The relocation of the capital city from Jakarta should be carefully planned as it will have a major impact not only on the state budget but also on business activities, the government has been told.
— The Jakarta Post

Jakarta Curbing Nightlife Businesses for Ramadan
The Jakarta Provincial Government are ensuring that all night-time entertainment venues are complying with their regulation for Ramadan.
— Tempo.co

Indonesia c.bank has intervened to defend rupiah
Indonesia’s central bank has intervened in spot currency, domestic non-deliverable forward and bond markets, to defend the rupiah against the dollar, Bank Indonesia’s head of monetary management Nanang Hendarsah said on Monday.
— Nasdaq

Indonesia aims at becoming global Muslim fashion capital
With the largest Muslim population with moderate views in the world, Indonesia has a growing ambition to emerge as a global Muslim fashion capital.
— Antara News

Consumer confidence rises in April: BI survey
Indonesians were more inclined to spend money on consumer goods in April than a month earlier, as indicated in a rise in Bank Indonesia’s latest consumer confidence index.
— The Jakarta Post

Gov’t to Apply Odd-Even Policy at Trans Java Toll during Eid 2019
Transportation Ministry will apply the odd-even license plate and one-way traffic policy during this year’s Eid homecoming season along Trans Java Toll road. The decision is taken in a bid to ease the traffic.
— Tempo.co

Indonesia misses economic growth forecasts in Q1
Indonesia’s economy grew slower than expected in the first quarter, official data showed Monday, as exports contracted for the first time since 2016 owing to softer demand for key commodities.
— Bangkok Post

Assets of 143 SOEs worth Rp 8 quadrillion, minister says
State-Owned Enterprises (SOEs) Minister Rini Soemarno has said that the value of 143 SOEs had reached Rp 8 quadrillion (US$558 billion).
— The Jakarta Post

Jokowi Urged Not to Set Up New Cabinet Minister from Party
The Indonesian Forum for Budget Transparency (FITRA) asked President Joko “Jokowi” Widodo fill the future cabinet with professionals in their sectors. Ministers and institution heads were also required to have clear, good track records and integrity.
— Tempo.co

P&G and Grey Group Indonesia unveils film for Ramadan
P&G Indonesia has launched its film #AkuPilihMaafIbu, which is aimed to bring alive the essence of Ramadan: forgiveness and starting afresh.
— Marketing Interactive

Will Indonesia’s new Batam mega city lure Singapore’s cashed up buyers?
The four glass skyscrapers that have sprouted on the Indonesian island of Batam, a 45-minute ferry ride away from Singapore, are only the start of a billion-dollar plan to attract visitors, investors and property buyers.
— Asia One

Old but live bomb found in Thousand Islands
The Thousand Islands Police have secured an old but live military bomb found in a volleyball court on Untung Jawa Island, Thousand Islands, Jakarta, on Sunday morning.
— The Jakarta Post

Indonesia sentences Pole to five years’ jail for links to Papuan rebels
A Polish man was sentenced to five years in prison for treason on Thursday after meeting with rebels in the restive Indonesian province of Papua.
— The Online Citizen

Freeport to fully operate 500-km underground mine in Papua
Mining giant PT Freeport Indonesia (PTFI) will close its open-pit mine this year and will soon fully operate an underground mine, which features a 500-kilometer tunnel the company had been building since 2015.
— The Jakarta Post

Muslim perform 1st Tarawih pray in Indonesia
Indonesian Muslim perform first Tarawih pray at Istiqlal mosque in Jakarta, May 5, 2019. The first Tarawih pray marks the beginning of the holy month of Ramadan for local Muslims to fast during the month ahead.
— Xinhua

Prabowo Camp Denies Ownership of Abandoned C1 Election Forms
The Prabowo-Sandiaga Uno campaign team’s national secretariat (Seknas) leader Muhammad Taufik has shrugged off allegations that the C1 forms found in Menteng, Central Jakarta, on Saturday, originated from Seknas volunteers.
— Tempo.co

Duo off to Indonesia on arts, culture scholarship
Two Papua New Guineans will be visiting Indonesia for three months under the Indonesian Arts and Culture Scholarship (IACS).
— The National

 

Feature photo Indoindians

This week’s Indonesia morning news feature photo acknowledges the commencement of Ramadan, May 6.

 

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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