Indonesia Economy Forum

[MarveL]

ACT's - HUMANITY FOOD TRUCK

Biggest foodtruck with 5 stars-class kitchen in indonesia for disaster response.

 

[Satria Manggala]

Pelni and Pertamina building a cruise ship
14 hours ago | 860 Views

Kupang, East Nusa Tenggara (ANTARA News) - State shipping company PT. Pelayaran Indonesia (Pelni) will team up with Patra Jasa, a subsidiary of state-owned energy company PT. Pertamina, to build a cruise ship, to support the countrys tourism industry.

"We already signed a memorandum of understanding (MoU) to build a cruise ship to support the countrys tourism industry especially in 10 tourist destinations," head of the Kupang branch of PT Pelni Adrian said here on Saturday.

The ship is being built in South Korea expected to be completed and to be operational in 2018, Adrian said.

Earlier Pelni and Patra Jasa planned to buy a cruise ship, but the plan could not be realized with a regulation banning government agencies including state companies to buy second hand goods from abroad.

"Therefore, Pelni and Pertamina decided to build one that would take a year for completion," Adrian said, adding the cruise ship would serve transport to 10 tourist destinations recognized by the government.

The ten tourist destinations include Labuan Bajo and under sea destination in Riung, East Nusa Tenggara.

Currently Pelni operates not only passenger ships but it also has ship for the transport of cargoes and livestock and tourists.

Business in passenger transport has declined as most passengers choose air transport which much faster.

"Mr (Ignasius) Jonan , when he was transport minister, once told us that it was time for Pelni to focus on other lines of business, but business in passenger transport continues," Adrian said.

He said business in tourism industry is growing that cruise ships is important . The government has been more aggressive in developing its tourism industry to make use of the countrys tourism wealth .

The government is set to double the number of foreign tourists visiting the country to around 20 million in 2019.(*)

 

[Nike]

Kalla-Sumitomo Mitsui highlight infrastructure investments
Senin, 5 Juni 2017 17:25 WIB - 3.978 Views

Tokyo (ANTARA News) - Vice President Jusuf Kalla and the head of Sumitomo-Mitsui Banking Cooperation (SMBC), a Japanese multinational banking and financial services company, highlighted investments in infrastructure sector during a discussion at the Imperial Tokyo Hotel here on Monday.

The presidents investment envoy to Japan, Rahmat Gobel, said that a further meeting will be set and attended by President Joko Widodo and three chairmen of the company, including the Chief Executive Officer Makoto Takashima, the International Banking Deputy for Asia Region Shosuke Mori, and the General Manager of Business Development Department Kimoto.

"I have not yet confirmed the information, but the leaders will talk on the fast train project en route Jakarta-Surabaya," Gobel noted.

Apart from financing the development of ports and Indonesias private businesses, the company has invested in several infrastructure projects, including the construction of Mass Rapid Transportation (MRT) in Jakarta.

During the meeting, the vice president was assisted by the Ambassador of Indonesia to Japan Arifin Tasrif, the former trade minister Muhammad Lutfi, the VPs head of secretariat Mohammad Oemar, the special staff of economy and finance Wijayanto, head of VPs special team, a businessman Sofyan Wanadi, and the envoy Gobel.

Following the meeting, Kalla will attend an interview session with Nikkei Asian Review magazine and Nikkei CNBC television station.

According to the Investment Coordination Boards (BKPM) record, Japan ranked as the countrys second largest foreign investor, with $US 4.5 billion investment in 2016.

Wanadi also stated that Indonesia and Japan are now assessing the high-speed rail project en route from Jakarta to Surabaya.

"We hope everything will be completed in accordance to the plan," Wanadi remarked at the Vice Presidents Office in Jakarta.

Earlier in the day, Kalla attended the opening of the 23rd International Conference on The Future of Asia at the Tokyo Imperial Hotel, Japan, on Monday.

Opened by the Japanese Foreign Minister Fumio Kishida, the conference was held under the theme "Globalism at a crossroads - Asias next move."

"We welcome and thank all leaders of Asian countries who attend the forum to discuss the future of Asia amid the current trend of anti-globalization," the minister stated in his keynote speech.(*)
Editor: Heru

COPYRIGHT © ANTARA 2017

 

[Satria Manggala]

Indonesia`s manufacturing industry climbs to ninth position in global ranking
2 hours ago | 329 Views

Jakarta (ANTARA News) - Indonesias manufacturing industry rose to the 9th place in the world after having ranked among the top 10 since 2015, according to Industry Minister Airlangga Hartarto.

"Indonesia has reached the 9th place in 2017. It was delivered by a representative of the United Nations Industrial Development Organization in Indonesia Shadia Bakhait Hajarabi," he noted after meeting Shadia Bakhait Hajarabi here on Monday.

He said that Indonesia could achieve the rank, as manufacturing and industrial production have been increasing in the country.

"It was based on the added value provided by the manufacturing sector. There has been a spurt in manufacturing and industrial production. Indonesia and the United Kingdom are ranked at the same position," he stated.

Responding to the achievement, Hartarto has affirmed that all parties must continue to work hard to achieve better results.

"We have to keep working. We are seeking a soft copy of the report," he noted.

The manufacturing industry accounts for almost a quarter of the countrys gross domestic product. Indonesia is able to maintain a positive growth even in the midst of the global financial crisis when the economy of advanced industrialized countries declined.

In addition, the manufacturing sector is still the driving force for economic growth.(*)

http://www.antaranews.com/en/news/1...ry-climbs-to-ninth-position-in-global-ranking

 

[Bungaterakhir]

Indonesia`s state revenues reach 33.4 percent of target as of May

Jakarta (ANTARA News) - Indonesias state revenues reached Rp584.9 trillion as of May 2017, accounting for 33.4 percent of the target of Rp1,748 trillion for this year, Finance Minister Sri Mulyani Indrawati said.

The state revenues comprised tax receipts valued at Rp463.5 trillion and non-tax state revenues valued at Rp121.4 trillion, the minister said in a working meeting with the House Commission XI at the parliament building to discuss basic assumptions in the budget year 2018 here on Tuesday.

The tax receipts accounted for 30.9 percent of the target and the non-tax state receipts represented 48.6 percent of the target.

Sri Mulyani stressed that the government will make a constant effort to achieve the state revenue target of Rp1,748 trillion for this year by intensifying tax receipts from the non-oil/non-gas sector.

At a working meeting with the House Commission XI on Monday to discuss basic assumptions in the budget year 2018, the finance minister also revealed the tax ratio in the draft 2018 state budget which is projected to reach 11-12 percent of the national gross domestic product (GDP).

Therefore, state revenues from the taxation sector plus non-tax state revenues and grants amounting to 0.05-0.07 percent of the GDP are expected to reach 12.9-14.3 percent of the GDP.(*)

Government reaches tax agreement with Google

Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati confirmed that the government had reached an agreement on tax settlement with the search engine giant Google.

"We have discussed with them and have reached an agreement based on the annual tax notification (SPT) 2016," Indrawati said here, Tuesday.

The minister noted that Google had upheld its commitment to pay taxes under the agreement. However, she refused to elaborate on the amount of the tax.

"Since this is confidential, we cannot disclose a companys taxes," she added.

It was earlier reported that Google had failed to pay proper tax on ground that the company did not have a representative office in Indonesia.

The Directorate General of Taxes had conducted an audit and urged Google to submit its financial report to enable the authority to calculate its tax obligation based on the firms income.

The countrys tax authority has monitored Google since April 2016, as the information technology business has grown rapidly and earned high revenue from advertisers.

The government has estimated that the total advertising revenue for the industry in Indonesia reached around US$830 million, with Google and Facebook Inc accounting for around 70 percent of this figure.

Google had registered as a foreign investor in Indonesia since September 15, 2011, and served as a dependent agent of Google Asia Pacific Pte Ltd in Singapore.

Hence, under the law on income tax, the firm, as a permanent establishment, is liable to pay income tax.

The government has claimed that Google owes Rp5 trillion ($373.8 million) in back taxes and penalties since 2011, and the tax office estimates that its revenues had reached Rp6 trillion in 2015.

Last year, Google had agreed to pay 130 million pounds ($164 million) in back taxes to settle a probe by Britains tax authority, while Thailand is studying plans to toughen tax collection rules for internet and technology firms.(*)

 

[Bungaterakhir]

since our manufacturing climb in ninth place, i just hope that sukhoi really make it real to build spareparts factory in our country, and i think mr.ryamizard should not announce it to the media before the real Deal already 100% done. i just think that the real war nowaday is Economy war. you know some of our neighbour is really well know on how to "menikung di detik akhir". remember alibaba ? samsung ? Blackberry server ? its not bcoz our infrastructure really that bad, but we really need to play our card very well when it come to attract more big company in the world and how to make them believe in us as their partner. imho

 

[Bungaterakhir]

More seaport for Indonesia, <3

Tanjung Emas seaport/Semarang city.

Sekupang ferry terminal @Sekupang International harbor/Batam city.

NEW rendering, Semayang Seaport/Balikpapan city

 

[AUz]

Indonesia`s manufacturing industry climbs to ninth position in global ranking
2 hours ago | 329 Views

Jakarta (ANTARA News) - Indonesias manufacturing industry rose to the 9th place in the world after having ranked among the top 10 since 2015, according to Industry Minister Airlangga Hartarto.

"Indonesia has reached the 9th place in 2017. It was delivered by a representative of the United Nations Industrial Development Organization in Indonesia Shadia Bakhait Hajarabi," he noted after meeting Shadia Bakhait Hajarabi here on Monday.

He said that Indonesia could achieve the rank, as manufacturing and industrial production have been increasing in the country.

"It was based on the added value provided by the manufacturing sector. There has been a spurt in manufacturing and industrial production. Indonesia and the United Kingdom are ranked at the same position," he stated.

Responding to the achievement, Hartarto has affirmed that all parties must continue to work hard to achieve better results.

"We have to keep working. We are seeking a soft copy of the report," he noted.

The manufacturing industry accounts for almost a quarter of the countrys gross domestic product. Indonesia is able to maintain a positive growth even in the midst of the global financial crisis when the economy of advanced industrialized countries declined.

In addition, the manufacturing sector is still the driving force for economic growth.(*)

http://www.antaranews.com/en/news/1...ry-climbs-to-ninth-position-in-global-ranking

Which are top ten I wonder.

Where can you find the actual ranking?

 

[nufix]

Which are top ten I wonder.

Where can you find the actual ranking?

It is hard to find but you can see the same ranking from 2015 data. On page 2, you can see that Indonesia ranked 12 in 2015. With current growth, it should come as no surprise that Indonesia ranks 9th now.

https://fas.org/sgp/crs/misc/R42135.pdf

 

[Bungaterakhir]

Salatiga Toll Road

 

[Satria Manggala]

Tol Bawen - Salatiga

Sejumlah petugas tim Trans Marga Jateng melakukan pemetaan kelayakan jalan menggunakan drone di Gerbang Tol Salatiga, Jawa Tengah, 15 Juni 2017. Jalan tol akan difungsikan jika terjadi kemacetan di jalan utama Semarang-Salatiga. ANTARA/Aloysius Jarot Nugroho

Sejumlah petugas tim Trans Marga Jateng melakukan survei kelayakan jalan di Gerbang Tol Salatiga, 15 Juni 2017. Jalan tol Bawen-Salatiga ini siap digunakan pada H-7 sebagai jalur alternatif mudik lebaran 2017. ANTARA/Aloysius Jarot Nugroho

Sebuah mobil melaju di Jembatan Tuntang, Tol Bawen-Salatiga, Tuntang, Kabupaten Semarang, 15 Juni 2017. PT Trans Marga Jateng (TMJ) akan mengoperasikan secara fungsional tol sepanjang 17,6 kilometer bagi pemudik. ANTARA/Aditya Pradana Putra

Sejumlah pengendara sepeda motor melintasi ruas Tol Bawen-Salatiga di Bawen, Kabupaten Semarang, 15 Juni 2017. Tol akan difungsikan melayani pemudik mulai Ahad, 18 Juni atau H-7. ANTARA/Aditya Pradana Putra

 

[Satria Manggala]

Indonesia`s economy grows to 5.3 percent in 2018: World Bank

World Bank (commons.wikimedia.org)

Jakarta (ANTARA News) - Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.

"Real GDP growth strengthened to 5.0 percent (year-on-year) in the first quarter of 2017 compared to 4.9 percent in the previous quarter, driven by a rebound in government consumption and surging exports," Rodrigo A Chaves, World Bank Country Director for Indonesia, said during the launch of the report here on Thursday.

According to the World Bank, Indonesias economy began in 2017 on a strong footing, enabled by a more supportive global environment and improved domestic fundamentals.

Such growth forecast is in line with the expected increase of global GDP from 2.7 percent this year to 2.9 percent in the period of 2018-2019.

"Indonesias economic fundamentals are improving. Hence, the outlook continues positively. This is good news that adds growth potential to be less vulnerable to global shocks," Rodrigo said.

Fiscal performance in the first half of 2017 is strong, with improved revenue collection compared to last year and a better quality of expenditure.

Private consumption is expected to increase with moderate inflation, stable exchange rate, stronger consumer confidence, and low consumer lending rates.

Supported by stronger fiscal revenues, the recovery in government consumption seen in Q1/2017 is expected to continue.

In the baseline estimate, investment is expected to strengthen due to continued recovery in commodity prices, increased investor confidence supported by S & P rating upgrades, and declining commercial lending rates.

Export growth is expected to rise this year and remain strong in 2018, supported by strong external demand as global economic growth accelerates and global trade recovers.(*)


http://www.antaranews.com/en/news/111411/indonesias-economy-grows-to-53-percent-in-2018-world-bank

======================

Minister Luhut Discusses Trade, Maritime Security with China
Zoom Out Zoom In Normal

TEMPO.CO, Jakarta - Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said that the Indonesian Government will partner with China in the fields of trade and maritime security under the One Belt One Road Forum.

Luhut claims that Indonesia’s economy has improved, which is reflected by having foreign exchange amounting up to US$125 billion.

“[The figure] is surely the highest in Indonesia’s history,” Luhut said on Friday, June 16, 2017.

During a meeting with Chinese government representatives, Luhut revealed a number of investment spots being developed by the Indonesian Government. Included in the important investment spots is the North Sumatera integrated project.

According to Luhut, the Indonesia government is currently preparing to develop a hydropower plant, nuclear industry and port in North Kalimantan. He also mentioned about the development of an integrated tourism in Bitung, North Sulawesi.

“In terms of tourist destinations, we are preparing one in Bali following to a joint feasibility study with China,” Luhut said.

Luhut also met with the China Communications Construction Company (CCCC) chairman Liu Qitao and China Development Bank chairman Hu Huaibang, who according to Luhut have expressed interest in investing in Indonesia.

ARKHELAUS W.

https://en.tempo.co/read/news/2017/...-Discusses-Trade-Maritime-Security-with-China

 

[Satria Manggala]

Indonesia, Kazakhstan improve bilateral cooperation in various areas
18 hours ago | 894 Views

Jakarta (ANTARA News) - The Indonesian and Kazakh governments reaffirmed their commitment to intensifying bilateral cooperation in various fields during the First Bilateral Consultation Meeting in Jakarta, Friday, according to the Indonesian Foreign Ministrys press statement received here, Saturday.

The meeting was co-chaired by Director General for Asia-Pacific and Africa of the Ministry of Foreign Affairs of Indonesia Desra Percaya and Kazakh Deputy Foreign Affairs Minister Akylbek Kamaldinov.

"Both sides have agreed to increase cooperation in the fields of counterterrorism, the eradication of drug distribution, law, trade, investment, health, education, and culture," Percaya stated.

Meanwhile, Kamaldinov remarked that Kazakhstan was interested in learning about Islamic finance and the halal industry from Indonesia.

"Kazakhstan has a vision to become the center of Islamic finance and halal industry in Central Asia," he pointed out.

He also conveyed that the Kazakh government had invited Indonesian business players to cooperate to develop the pharmaceutical industry in the country.

Indonesia and Kazakhstan have enjoyed diplomatic relations since 1993. Kazakhstan has played an increasingly greater role at the region and global levels, including through its appointment as a non-permanent member of the United Nations Security Council for the 2017-2018 period.(*)

http://www.antaranews.com/en/news/1...mprove-bilateral-cooperation-in-various-areas

 

[Satria Manggala]

He's the Apple of his eye! Australian coding whizz, 10, meets with top tech CEO Tim Cook after developing his own apps - and the schoolboy made his first website when he was SIX

• Yuma Soerianto from Melbourne won a scholarship to attend Apple conference
• The 10-year-old showcased his app developing skills to Apple CEO Tim Cook
• Apple's Worldwide Developer Conference was held in San Jose, California
• The impressive tech prodigy began coding for websites at the age of six

By Tom Flanagan For Daily Mail Australia


An Australian schoolboy who has been coding websites since the tender age of six was lucky enough to be invited to attend Apple's Worldwide Developer Conference in California and managed to impress Apple CEO Tim Cook in the process.

Yuma Soerianto, 10, was one of a select few to receive a scholarship to the event held in Silicon Valley's San Jose and was the youngest app developer in attendance.

The tech-savvy sensation from Melbourne showcased his talents to none other than Apple chief Tim Cook, who appeared impressed with Soerianto's ability, The Sydney Morning Herald reports.

+5
10-year-old Australian Yuma Soerianto was invited to Apple's Worldwide Developer Conference where he managed to meet Apple CEO Tim Cook

Apple boss Tim Cook appeared impressed with the tech-savvy prodigy after spending a few minutes chatting with the Australian at the Silicon Valley event.

After building websites since he was just six, the schoolboy turned his attentions last year to building apps via Swift Playgrounds, the Apple app designed for children to develop their coding skills.

Remarkably, the 10-year-old is self taught and once completing Swift Playground's tutorial with ease, he enrolled in a free online coding course offered by Stanford University.

He has since developed five apps on the App store including a game that entails a duck operating a machine that stacks blocks on top of one another named Lets Stack!, which is his most complex so far.

'I liked building websites, but everyone has phones, so I wanted to learn how to build apps and I could build more fun stuff on an iPhone, like games!' he told Fairfax Media.

After balancing his school work with app building in a hectic schedule, Soerianto decided to apply for a scholarship for the yearly conference.

After preparing an application for the prestigious event over two weeks, he was delighted to find out he had been awarded a spot at the Silicon Valley annual bash.

+5
Soerianto has already begun offering tutorials to eager students after starting his own YouTube channel aptly named Anyone Can Code

+5

+5
Let's Stack! is one of the 10-year-old's most complex apps that involves a duck operating a machine that stacks blocks on top of one another

One of the highlights for all scholarship winners was an introduction with Apple boss Tim Cook, and after indulging in a brief chat with the CEO regarding the 10-year-old's exploits, both parties seemed impressed.

When asked about his aspirations and what he'd like to be in the future, his response was a reminder of just how young the talented Australian is.

'Batman,' he responded. 'That's a joke, by the way. I really want to teach people how easy it is to code.'

And Soerianto has already begun offering tutorials to eager students after starting his own YouTube channel aptly named Anyone Can Code that has over 800 subscribers and are not necessarily other children.

'The funny thing is, I made the YouTube channel for other kids, but most of the people who comment on my videos seem to be adults,' he revealed.


http://www.dailymail.co.uk/news/art...n-app-developer-meets-Apple-CEO-Tim-Cook.html

 

[pr1v4t33r]

Indonesia win Đà Nẵng’s U15 tournament title

HÀ NỘI — Indonesia beat Chinese Taipei 11-0 in the last-round match to win the International U15 Football Tournament, which concluded yesterday in Đà Nẵng.

Indonesian players celebrate their goal in 11-0 win over Chinese Taipei. — Photo vff.org.vn

The champions scored 16 goals in three matches and allowed their rivals to break their net only twice.

Indonesia were also presented the fair-play award. They also grabbed titles for the best player and best scorer.

Việt Nam received the silver medal after drawing 0-0 with Myanmar, who were placed third.

It was the first ever tournament for the U15s held in the region. The event sponsored by Tiền Phong Plastics Company is expected to be held annually. — VNS

http://vietnamnews.vn/sports/378535/indonesia-win-da-nangs-u15-tournament-title.html