Indonesia Economy Forum

[barjo]

Property Association Maps Out Investment Plans in Mandalika

Jakarta. Real Estate Indonesia Chairman Sulaiman Sumawinata said the property association has mapped out plans for an investment in resort island Mandalika in West Nusa Tenggara.

"We've mapped out an investment plan and we're going to organize a meeting with officials in Mandalika as soon as possible," he said during a visit to the island on Monday (03/04).

Tourism Minister Arief Yahya and his marketing deputy Esthy Astuti as well as his deputy head of business and government incentives Karnoza Hendry went with Sulaiman to the island on Monday.

Sulaiman said REI's Mandalika investment will be crucial for its members' business expansion.

"We think Mandalika will be even more beautiful than Nusa Dua in Bali. The location is also very accessible, only 30 minutes from the Lombok International airport," he added.

Esthy and Karnoza said the ministry is also preparing the development of a special economic region (KEK) in Mandalika.

They will start with building new facilities and infrastructure in the island to make it more convenient for tourists and investors.

"We've set up the requirements to develop KEK in Mandalika, including how much land we'll need and how many administrators we will have to hire. Infrastructure and facilities will be built by the relevant authorities in Mandalika," Esthy said.

Tourism Minister Arief Yahya said the ministry will set up a "green infrastructure" in Mandalika.

"We will produce drinking water in Mandalika from a desalination plant. And the island will be powered by solar energy plants," he added.

The minister said the green infrastructure should attract world-class investors to the island's special economic region.

"The KEK in Mandalika can be a model for similar development in other regions in Indonesia," he added.

Arief said the Indonesian Tourism Development Corporation can play the role of a regional council in Mandalika.

"The council will be working with local communities to keep the social and economic climate healthy and protect the environmental integrity of the area," he said.

"If the KEK thrives in Mandalika, local communities will be able to enjoy many sustainable benefits," he added.

http://jakartaglobe.id/business/property-association-maps-investment-plans-mandalika/

Future halal beach and resort just across the channel

 

[pr1v4t33r]

Bandung' metro capsule prototype breaks cover

 

[Nike]

US views Indonesia as potential export market for agricultural products
Rabu, 5 April 2017 21:08 WIB - 0 Views

Jakarta (ANTARA News) - The US views Indonesia as a potential market to export its agricultural products, taking into account that the current trade value of food products between both nations reaches about US$8 billion.

"Most of that, or about $5 billion, is Indonesias exports to the US, but here, we see the potential for more Indonesian imports from the US, as we produce meat, potatoes, fruits, and snacks," US Embassy to Indonesia Deputy Chief of Mission Brian McFeeters stated while visiting the US booth at the Food and Hotel Indonesia exhibition held in JIExpo Kemayoran on Wednesday.

One of the exhibitors also informed McFeeters that their business had increased by 33 percent as compared to last year.

Hence, the Trump government is highly optimistic of witnessing more quality US food products entering the country.

The US Meat Export Federation, for instance, is ensuring that it offers continued services to Indonesian restaurants and hotel businesses, considering that the country is one of the important markets in Southeast Asia.

"Indonesia has been a high-quality meat market. I know that our products are not cheap, but we have the quality, so in certain markets, we are able to sell them," the federations ASEAN Director Sabrina Yin Foung May informed Antara.

The federation has been exporting US beef and pork to Indonesia for years and is partnering with hotels, restaurants, caterers, retailers, and supermarkets to sell its major product, beet cuts.

According to May, US meat is different from the other countries products, as the nation offers marbled meat as a result of the corn-fed method.

"When your cows are corn-fed, you will notice a nice marbling, which are the layers of fat in between the meat. Marbled meat is juicier than the grass-fed beef, which is usually dry," she explained.

The federation has also been supplying to Yoshinoya, a Japanese fast food chain that proudly uses 100 percent US beef in their rice bowl dishes.

Not only meat but the US also promotes dehydrated potatoes that can be blended into dough or bread, pastries, and other baked products to enhance their texture and mouth feel.

Indonesia Representative of Potatoes USA Leonard Tjahjadi pointed out that dehydrated potatoes need to be introduced to Indonesians due to their convenience and ease of processing.

"We usually take 40 minutes to make a puree from five kilograms of fresh potatoes, starting from washing to mashing them. However, while using these dehydrated potatoes, we will only need less than 10 minutes, as we can just pour in some water and mix it," he explained.

Dehydrated potatoes do not require much storage space and have a shelf life of nine to 18 months when stored properly.

Currently, Indonesia is included in the 10 biggest markets in Asia for US frozen potato fries.

Taking into account the huge opportunity to market US products in the country, the US government is working along with its Indonesian counterpart to reduce some trade barriers, mostly regulatory aspects, related to its agricultural trade with the country.

"I think the major challenge is the general policy. For instance, people who sell retail packaged food have to undergo a lengthy approval period. Import licenses have posed a challenge as well," US Embassys Agricultural Attache Thom Wright remarked.(*)
Editor: Heru

COPYRIGHT © ANTARA 2017

 

[pr1v4t33r]

SE Asia Stocks-Fall over capital outflow fears; Indonesia posts record closing high

April 6 (Reuters) - Most Southeast Asian stock markets closed lower on Thursday on fears of capital outflows from the region after minutes of the U.S. Federal Reserve's last meeting showed that most policymakers think it should start trimming its massive stimulus. Indonesian shares recovered from early falls to close at a record high, rising for a fourth straight session. Vietnam and Thailand were closed for Hung King's Day and Chakri Day, respectively.

"Investors are taking a cautious stance as there is a bit of uncertainty over the next rate hike." Investors were also wary ahead of the much anticipated meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, the first between the world's two most powerful leaders.

http://lta.reuters.com/article/idLTAL3N1HE3A3?rpc=401&

 

[pr1v4t33r]

No haggling about three points with Freeport: ESDM official

The Energy and Mineral Resource Ministry said it sticks to the Law No.4 of 2009 on mineral and coal mining in negotiating with PT Freeport Indonesia. "In negotiating with Freeport, the ESDM Ministry refers to and is guided by the law on mineral and coal and the Government Regulation No. 1 of 2017," Hadi M Djuraid, special staff of the ESDM Minister, said here on Thursday.

The ministrys position and stance, therefore, is to ensure that Freeport would change its contract of work (CoW) with special mining business permit (IUPK), build smelter and divest shares up to at least 51 percent to Indonesian partners, Hadi said.

"The three ports are not to be bargained for or negotiated. What we could negotiate is how it is to be implemented," he said.

Readmore: http://www.antaranews.com/en/news/110339/no-haggling-about-three-points-with-freeport-esdm-official

Indonesia is ASEAN`s key element: British State Secretary

Indonesia is a big and influential economic player due to its vast geographical region and demography, Fox noted after the ministerial series event in Jakarta, Thursday.

"Indonesia is a fast-growing vibrant economy. If some of the predictions are right, it will easily be among the top 10 by 2030," he remarked.

Due to Indonesias key position in the ASEAN region, Fox pointed out that the British government intends to strengthen bilateral relationship between the two countries.

"We want to forge a partnership with the ASEAN region, and this is not possible without partnering with Indonesia, which is considered to be an absolutely key element," he noted.

The secretary is scheduled to meet Coordinating Minister for Economic Affairs Darmin Nasution, the Indonesian Chambers of Commerce, as well as businesses from Indonesia and the UK. During the visit, he will also observe the Light Rail Transit project to highlight the support of British firms to the Asian Games 2018.

Readmore: http://www.antaranews.com/en/news/110331/indonesia-is-aseans-key-element-british-state-secretary

 

[Bungaterakhir]

Indonesia`s forex reserves up to $121.8 billion

Jakarta (ANTARA News) - Indonesias foreign exchange reserves rose US$1.9 billion to US$121.8 billion as of March 2017 due in part to the issuance of US dollar-denominated sharia compliant global bonds (sukuk) early this year.

"Foreign exchange reserves at the end of February 2017 stood at US$119.9 billion," Deputy Senior Governor of Bank Indonesia (BI) Mirza Adityaswara said here on Friday.

The government earned US$3 billion or Rp40 trillion from the issuance of global sukuk at the end of March 2017, he said.

source : antaranews

Malaysia palm planters face labour shortage as Indonesia workers stay away

KUALA LUMPUR, April 7 (Reuters) - Malaysian palm oil planters say they are bracing for a severe labour shortage, with workers who typically stream over the border from neighbouring Indonesia to harvest crops staying away due to the weaker ringgit and increased opportunities at home.

A dearth of workers in the world's No.2 producer could delay harvests and curb output as extraction rates fall when palm fruit is picked late, hurting the country's top commodity export industry but potentially offering some support to prices that have dropped nearly 15 percent this year.

source : cnbc

 

[Nike]

Para pekerja menyelesaikan pembangunan proyek MRT di kawasan Bunderan HI.
10 dari 10

Sedangkan untuk rute layang, terdapat 7 Stasiun Layang, yaitu Lebak Bulus, Fatmawati, Cipete Raya, Haji Nawi, Blok A, Blok M dan Sisingamangaraja. Seluruh stasiun penumpang dan lintasan dibangun dengan struktur layang di atas permukaan tanah, sementara Depo kereta api dibangun di permukaan tanah (on-ground) yakni di Lebak Bulus

Sedikitnya nanti akan terdapat enam stasiun bawah tanah yang akan melayani penumpang di rute

 

[Nike]

RI`s economy to grow higher than expected: ADB
Kamis, 6 April 2017 19:34 WIB - 0 Views

Jakarta (ANTARA News) - Indonesia could witness higher-than-expected economic growth if it could implement a consistent structural reform, deputy country director of the Asian Development Bank (ADB) said.

"Indonesia could see an economic growth higher than expected, as its growth potential is ranged between 5.5 to 6 percent," Sona Shrestha said here on Thursday.

In addition to structural reform, Shrestha noted that such a high economic growth could be achieved through sustainable development of infrastructure and efforts to narrow skills gap.

An economic growth of 5.6 percent in 2018, as projected by the government, could be reached with some improvements in domestic performance and global economic recovery.

"The high growth potential is always there, but it should be supported by the governments commitment on sustainable reform and improvement of global environment," she added.

In its annual Asian Development Outlook (ADO) 2017, ADB has projected that an increase in private investment and infrastructure expenditure would encourage Indonesias economic growth to reach 5.1 percent in 2017 and 5.3 percent in 2018.

Some factors that could affect the projection are possible delays on the implementation of policy reform, revenue shortfalls, global policy uncertainties, and lower-than-expected economic growth among its trade partners.

The ADB also noted that the Indonesian government has strongly focused on efforts to encourage reform in infrastructure development that would boost investment and economic diversification in the medium to long term.(*)
Editor: Heru

COPYRIGHT © ANTARA 2017

President Jokowi reviews Bawen-Salatiga toll road section
Sabtu, 8 April 2017 19:54 WIB - 0 Views

President Joko Widodo (Jokowi). (ANTARA FOTO/Puspa Perwitasari/P003)

Bawen (ANTARA News) - President Joko Widodo (Jokowi) reviewed the progress of work on the section of the Bawen-Salatiga toll road in Central Java on Saturday.

"The Bawen-Salatiga toll road section is part of the Trans-Java toll road that will connect Jakarta to Semarang, Semarang to Solo, Solo to Surabaya, and Surabaya to Banyuwangi," President Jokowi remarked.

The president expressed regret that the construction of the Bawen-Salatiga section had been ongoing for several years without any settlement due to issues related to land acquisition.

However, Herry Trisaputra Zuna, the head of the Toll Road Regulatory Agency, stated that work on the Bawen-Salatiga section is 90 percent complete, and the construction will continue for the 32-kilometer-long segment of the Salatiga-Kartasura and Solo-Ngawi sections to be completed in September 2018.

Jokowi reviewed the Bawen-Salatiga toll road section in the company of Public Works and Public Housing Minister Basuki Hadimuljono, Minister/State Secretary Pratikno, and Central Java Governor Ganjar Pranowo.
(Uu.O001/INE/KR-BSR)
Editor: Priyambodo RH

COPYRIGHT © ANTARA 2017

 

[Nike]

Third floating Hospital to Help

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Jakarta. Indonesia, with more than 17,000 islands, is the biggest archipelago country in the world. It is also rich in biodiversity and cultures, which give pride to all citizens.

Many of the islands, however, are very difficult to access. They often lack in modern infrastructure and health care facilities.

This has prompted a surgeon, Dr. Lie Dharmawan, to set up DoctorShare, a non-profit foundation aiming to help Indonesians on remote islands.

Soon after he established DoctorShare, Lie realized that a floating hospital would be the best solution. In 2012, he sold his own house and bought the foundation's first ship.

Each year, the ship visits about 10 islands to help the sick and train health practitioners on the spot.

Lie's tireless dedication earned him the "Kick Andy Heroes" award in 2014.

"My father was so touched when he saw Dr. Lie's story on TV [on 'Kick Andy' program] that he asked me to find him," Julia Windasari Tan, business review and development manager of shipping company Multi Agung Sarana Ananda (MASA) told the Jakarta Globe on Thursday (06/04).

Julia's father, who owns the company, decided to give one of his barges to Dr. Lie to have it transformed into another floating hospital.

"When Dr. Lie saw me coming with the blueprint of the barge, he immediately got up and pointed to one spot on the map of Indonesia. He said 'here, Julia, is where I want to put the barge,'" Julia recalled.

Dr. Lie was pointing to Maluku Islands.

Maluku, dubbed a "thousand isles" province, consists of 1,450 islands — many of which do not even have basic medical facilities.

The province has a high maternal mortality rate, with 199 deaths per 100,000 live births, and high neonatal mortality rate — nine deaths per 1,000 live births.

"You would see many severely malnourished toddlers there, skeleton-thin with distended abdomens," said Dr. Marselina Mieke, secretary general of DoctorShare.

It will take a lot of effort and resources to convert the barge into a hospital.

"We need around Rp 10 billion ($750,000) to transform the barge into a floating hospital and to buy the necessary medical equipment," Julia said.

The barge is going to become DoctorShare's third hospital. Besides its first Rumah Sakit Apung (Floating Hospital, RSA) Dr. Lie Dharmawan, the foundation also operates RSA Nusa Waluya I.

The 45 meter x 20 meter barge, RSA Nusa Waluya II, will become a three-story hospital with clinics, emergency room, operating rooms, maternity wards, laboratories and intensive care units.

More than 250 Indonesian doctors affiliated with the foundation take turns in serving at its hospitals.

"We've been raising funds [for the third hospital] since 2016. We've already collected more than 65 percent of what is needed," Julia said.

To cover the remaining 35 percent, DoctorShare, in collaboration with Lions Club International District 307-A1, will hold a charity dinner and art auction at The Dharmawangsa Hotel in Jakarta, on April 18, during which award-winning pianist Ananda Sukarlan will give a recital on a Blüthner grand piano.

The auction will see five paintings by top artists Andy Dewantoro, Christine Ay Tjoe, Entang Wiharso, Oky Rey Montha and Sinta Tantra.

"We've chosen these famous artists, so that people should be more inclined to buy the works," said Inge Santoso, owner of CAN's Gallery, which represents the painters.

During the event, guests can also adopt a room in the floating hospital to be named after them.

Tickets for the dinner are sold for Rp 2.5 million and Rp 5 million. About half of them, 100, have already been sold.

"If the concert and auction are successful, they should cover all the remaining costs. We're already in the renovation process. If all goes well, the floating hospital should be ready within the next four months," Julia said.

In the first year, the new hospital is going to serve about 150,000 patients in 85 islands of the Western Southeast Maluku, and train more than 400 health practitioners in the area.

All health services at the floating hospitals are free of charge.

 

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Financial market records capital inflow of Rp79.1 trillion
Jumat, 7 April 2017 22:24 WIB - 0 Views

Jakarta (ANTARA News) - A central bank official said here on Friday that Rp79.1 trillion had entered Indonesia from January to April, which reflects foreign investors confidence in the country.

Bank Indonesia Deputy Governor Mirza Adityaswara said compared to other emerging markets, Indonesias economic stability has been maintained very well and it has been attracting foreign capital.

"Indonesia has performed well as shown by the Consumer Price Index and the deflation in food prices in March after harvests, while foreign exchange reserves have also increased," he said.

In several emerging markets, such as South Africa, Mirza said there have even been pressures and capital outflows following the sudden replacement of the finance minister in that country.

"The market was surprised and so there was a capital outflow in South Africa," he said.

Financial market pressures have also emerged in other emerging markets, such as Turkey and Mexico.

As a result, Mexicos central bank has raised its reference rate to prevent capital outflow and control inflation.

Market pressures in Mexico risen since the election of Donald Trump as U.S. president.

"Turkey has also experienced pressure," he added.

Mirza said the situation in Indonesia, on the other hand, was better and marked by large capital inflows, especially with state securities reaching Rp62.1 trillion.

Foreign capital that entered the share market reached Rp9.7 trillion, to Bank Indonesia Certificate and BI deposit certificate Rp5.7 trillion and corporate bonds Rp1.5 trillion.

Compared with April 2016 or the same period last year, total foreign funds that entered through state securities rose to Rp8.7 trillion, with the share market growing to Rp5 trillion and BI instruments to Rp3.4 trillion.

Bigger capital inflows have also been reflected in the higher rupiah exchange rate, which stood at around Rp13,300 per U.S. dollar, according to the Jakarta Interbank Spot Dollar Rate (JISDOR).

"Now we need to just monitor the gross domestic product, as well as year to date credit growth, which still stands at minus 0.7 percent," Mirza said.(*)
Editor: Heru

COPYRIGHT © ANTARA 2017

 

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Kapal Petikemas Terbesar Di Tanjung PriokSuasana aktivitas bongkar muat kapal petikemas CMA-CGM Titus di JICT Pelabuhan Tanjung Priok, Jakarta, Minggu (9/4/2017). Kehadiran Kapal Kapal CMA-CGM Titus berbobot 95.367 ton, berkapasitas 8.469 TEUS, panjang 335 meter dengan estimasi "draft" sekitar -14 mLWS dan merupakan kapal petikemas terbesar yang pernah sandar di pelabuhan Tanjung Priok, dan diharapkan dapat memicu hadirnya kapal-kapal besar lainnya, sehingga pelabuhan itu dapat menjadi pelabuhan "transshipment" besar di kawasan Asia. (ANTARA/Muhammad Adimaja)

Kapal Petikemas Terbesar Di Tanjung PriokMenteri Perhubungan Budi Karya (ketiga kiri) berbicang bersama Direktur Utama IPC Elvyn Masassya (kanan), Direktur CMA CGM Indonesia Farid Belbouab (kiri) dan Kapten Kapal CMA CGM Titus Bozianu Veronica (kedua kiri) saat penyambutan kapal petikemas CMA CGM Titus di JICT Pelabuhan Tanjung Priok, Jakarta, Minggu (9/4/2017). Kehadiran Kapal Kapal CMA-CGM Titus berbobot 95.367 ton, berkapasitas 8.469 TEUS, panjang 335 meter dengan estimasi "draft" sekitar -14 mLWS dan merupakan kapal petikemas terbesar yang pernah sandar di pelabuhan Tanjung Priok, dan diharapkan dapat memicu hadirnya kapal-kapal besar lainnya, sehingga pelabuhan itu dapat menjadi pelabuhan "transshipment" besar di kawasan Asia. (ANTARA/Muhammad Adimaja)

Tol Akses Tanjung Priok RampungMenteri PUPR Basuki Hadimuljono bersepeda di Jalan Tol Akses Tanjung Priok, Jakarta, Minggu (9/4/2017). Jalan tol sepanjang 11,4 km yang dibangun dengan biaya pinjaman pemerintah Jepang sebesar Rp4,036 miliar yang terdiri dari lima seksi itu kini sudah rampung dan segera dapat digunakan. (ANTARA /Muhammad Adimaja)

Tol Akses Tanjung Priok RampungPesepeda melintas di Jalan Tol Akses Tanjung Priok, Jakarta, Minggu (9/4/2017). Jalan tol sepanjang 11,4 km yang dibangun dengan biaya pinjaman pemerintah Jepang sebesar Rp4,036 miliar yang terdiri dari lima seksi itu kini sudah rampung dan segera dapat digunakan. (ANTARA/Muhammad Adimaja)

Tol Akses Tanjung Priok RampungPengendara sepeda motor melintas di Jalan Tol Akses Tanjung Priok, Jakarta, Minggu (9/4/2017). Jalan tol sepanjang 11,4 km yang dibangun dengan biaya pinjaman pemerintah Jepang sebesar Rp4,036 miliar yang terdiri dari lima seksi itu kini sudah rampung dan segera dapat digunakan.(ANTARA /Muhammad Adimaja)

 

[Nike]

US Construction Firm Turner to Strengthen Presence in Indonesia, Bullish on Local Market


Jakarta. United States-based construction services company Turner aims to strengthen its presence in Indonesia to tap opportunities presented by the country's construction sector.

Turner entered Indonesia in 2012 and it is currently managing three projects, including Sequis Tower, a new office development in the Jakarta central business district, developed by Farpoint, a property developer that is part of Gunung Sewu Group, and an upcoming mixed-use building called The Hundred in Kuningan, South Jakarta.

The company considers Indonesia an attractive market. Under the current local government, development projects have increased in Jakarta, while there have been positive developments in the country's property market in recent years.

With the country's growing population, the government is willing to spend high on infrastructure, as demand for construction and buildings is also growing. The construction services industry is likely to keep progressing with support from local developers and international organizations.

"With such positive market potential, Turner is fully committed to a continuing and growing presence in Indonesia. Through bringing our international practices to the local market, we are well-positioned to enhance the safety and quality of which projects in Indonesia get completed. We will continue to explore opportunities for expansion in Indonesia, with a persistent focus on hiring the 'best and brightest' local talent, which is essential to ensure a sustainable and positive future for us here," Turner International business development director Matthew Makes said in a statement on Monday (10/04).

Turner is also committed to managing projects that have demonstrated the company's practices, such as those involving sustainable construction, where many of its offices and job sites have either achieved or are pursuing a platinum rating – the highest available – from the US Green Building Council's (USGBC) Leadership in Energy and Environmental Design (LEED) program, which is a global program used by third-party technical reviewers to measure green building excellence.

The USGBC is a nonprofit organization that promotes sustainable building design, construction, and operations globally.

"At Turner, when we talk about our commitment to sustainability, we are talking about delivering ever-greener buildings for our clients and reducing the environmental impact of construction activity throughout the supply chain. We emphasize ongoing education and a culture of learning for all Turner staff and seek to continuously improve all facets of our organization, including corporate governance and reporting of environmental metrics," Turner Indonesia chief representative officer Gary Wu said in a statement.

"We are excited and proud to collaborate with local designers and contractors to provide the best international construction practices with local talent. In every project, we try to adapt to and understand the local culture. We set the customized management system and procedures through an online project management system, where everybody who involved in the development will have the same platform for collaboration," Gary added.

Turner was founded in New York, and operates in nearly 60 countries since it embarked on international operations in 1965. With over 1,500 staff employed across its regions, the company currently manages projects for worldwide clients valued at over $40 billion.

Turner's business covers Southeast Asia, Europe, the Indian subcontinent, Latin America and the Middle East. The company's market segments include residential, hospitality, commercial or mixed-use, retail, and aviation projects.

http://jakartaglobe.id/business/us-...resence-in-indonesia-bullish-on-local-market/

 

[Nike]

Rp81 trillion worth of foreign capital flow into Indonesia: BI
1 hour ago | 261 Views

Jakarta (ANTARA News) - Bank Indonesia has said Rp81 trillion worth of foreign capital had flowed into Indonesian financial market until the second week of this year or a 35 percent increase from Rp60 trillion in the same period last year.

Agus Martowardojo, the central bank governor, said the "strong inflows" of foreign capital indicated strong confidence of foreign investors in the countrys economic stability and fundamental.

"Whereas, when the election of the US new president, the global market was hit by big turbulence and many currencies lost their value," Agus said here on Thursday.

The strong inflows of foreign capital contributed to the stability of rupiah facing foreign currencies, he added.

He said the pressure of global economic slowdown has not receded significantly until early April this year, but the rupiah value has increased one percent year to date.

"In 2013, when the economic condition had not improved, the rupiah value sank as deep as 21 percent," he recalled.

According to benchmark exchange rate of Jakarta Interbank Spot Dollar Rate (JISDOR), the rupiah value gained to the level of Rp12,600-Rp12,900 per US$ dollar in the second week of April this year after relatively stable at around Rp13,300 per dollar in March.

The countrys economic fundamental improved as indicated by inflation kept under control until March , 2017 at 3.61 per cent (year on year), and foreign exchange reserves rising to US$121 billion.

"However, we have to remain on guard against vulnerable global economy that could negatively affect the domestic economic indicators," he said.(*)

http://www.antaranews.com/en/news/1...rth-of-foreign-capital-flow-into-indonesia-bi

 

[Nike]

Indonesia's Import Growth Down, Export Growth Up in March

Jakarta. Indonesia's import growth slowed in March, while export growth accelerated slightly, a Reuters poll showed.

The median forecast from 11 analysts showed imports from Indonesia were up 8.7 percent in March from a year earlier, slower than a growth of 10.6 percent in February.

The analysts' median forecast for March's export growth used to be 12 percent, higher than 11 percent in February.

Resource-dependent Indonesia saw exports contract on a yearly basis every month from October 2014 through July 2016. Export growth has recovered since, in line with rising prices for its main commodities.

On Tuesday, Finance Minister Sri Mulyani Indrawati said she expects this year's economic growth to exceed the government's 5.1 percent target on the back of stronger export and import growth.

The poll sees Indonesia's trade surplus narrowing slightly in March to $1.20 billion, from February's $1.31 billion surplus.

Full trade data are due at 04:00 GMT on Monday (17/04).

Reuters

 

[Bungaterakhir]

Sri Mulyani: GE Ready to Invest in Indonesia

TEMPO.CO, Jakarta- The Finance Ministry said that US-based energy company General Electric (GE) is ready to construct a factory in Indonesia. Negotiations on the project and its following investments are currently ongoing between GE and the Indonesian government.

"I've met with GE CEO [Jeff Immlet] who personally come to Indonesia. I heard questions from GE about their interests and possible obstacles in investing in Indonesia," said Finance Minister Sri Mulyani on Thursday, April 13, 2017.

source : tempo

Indonesia, United States Collaborate in Tourism Waste Management

TEMPO.CO, Jakarta - Indonesia plans to collaborate with the United States to tackle waste management issues, especially wastes located in tourism development zones.

"Waste has been the biggest challenge for Indonesia's tourism development. Especially considering that next year Indonesia will host two major agendas, the Asian Games and the Annual Meeting of the IMF and the World Bank," Tourism Minister Arief Yahya said on Tuesday, April 11, 2017.

Later on, the partnership will be focused on 10 Bali Baru tourism destinations, in hopes of equally overcoming the problem of wastes. Currently, the World Bank has ratified a partnership related to tourism development of three Bali Baru destinations which include Toba Lake in North Sumatera, Mandalika (West Nusa Tenggara), and Borobudur (Central Java).

Source : tempo

Adi Soemarmo International Airport's Train Project finally ground breaking by our President Saturday, 8th April 2017.
This train will connect the airport to the city. The track itself are 10 kms long.
This airport will be the 4th airport in Indonesia that has direct access with train track after, Kuala Namu International Airport at North Sumatera, Minangkabau International Airport at West Sumatera and Soekarno-Hatta International Airport at Jakarta.

BOYOLALI, NETRALNEWS.COM - The President Joko “Jokowi” Widodo performs a groundbreaking for a 13.5-kilometer railway line that connects Adi Soemarmo Airport, Boyolali and Solo City Station.

"Almost [in] all developed countries once getting off the plane, entering the airport terminal, down the lift there has been train to go anywhere. Connections among these modes will streamline, provide services to the community, users are given the option to take a taxi, bus, train, LRT [light rapid transportation] are available. The option should be provided by the state to be efficient in order to have a competitive edge," said the President at Adi Soemarmo Airport, Boyolali, Saturday (04/08/2017).

Construction of the airport railway requires an area of 42.1 hectares and across three regions, namely Solo, Karanganyar, and Boyolali.

"Starting from Adi Soemarmo Airport. Earlier, the Minister of Transportation said the airport [Adi Soemarmo] would be great, of an area of 13 thousand to 26 thousand. I'll give two years before 2018 it must have been completed," added the President.

source : http://www.en.netralnews.com/news/b...breaks.ground.of.adi.soemarmo.airport.railway