Indonesia Economy Forum
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Satria Manggala
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looks good .. nice job INKA
pr1v4t33r
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PT INKA Indonesia is again the winner of train carriage procurement in Bangladesh
PT INKA for the second time this year again managed to win the tender procurement of train carriages in Bangladesh. In a tender held on 11 June 2017, PT INKA beat rivals, Rites Limited from India and CRRC Changcun from China in the procurement of 200 units of MG (Meter Gauge) train carriages.
The signing of the contract for the 200 units train carriage will be held in July/August 2017, after the Bangladesh Railway issued a Notice of Award which is an official announcement from the Government of Bangladesh for the appointment of PT INKA as the winner of the tender.
Earlier on 24 April 2017, PT INKA has won the tender in the procurement of 50 units of BG (Broad Gauge) train carriages by beating Rites Limited from India. The signing of the 50 unit carriages will be held after Idul Fitri.
The success of PT INKA in supplying train carriages to Bangladesh is the fourth after previously in 2015, it has succeeded in winning the procurement contract for 100 units of MG train carriages and 50 units of BG train carriages. The project has been successfully implemented by PT INKA by sending the 150 carriages to Bangladesh in 2016.
PT INKA involvement in Bangladesh Railway started in 2006, when it succeeded in the procurement of 50 units of BG type train carriages.
http://www.indonesia-dhaka.org/pt-i...-of-train-carriage-procurement-in-bangladesh/
PT INKA for the second time this year again managed to win the tender procurement of train carriages in Bangladesh. In a tender held on 11 June 2017, PT INKA beat rivals, Rites Limited from India and CRRC Changcun from China in the procurement of 200 units of MG (Meter Gauge) train carriages.
The signing of the contract for the 200 units train carriage will be held in July/August 2017, after the Bangladesh Railway issued a Notice of Award which is an official announcement from the Government of Bangladesh for the appointment of PT INKA as the winner of the tender.
Earlier on 24 April 2017, PT INKA has won the tender in the procurement of 50 units of BG (Broad Gauge) train carriages by beating Rites Limited from India. The signing of the 50 unit carriages will be held after Idul Fitri.
The success of PT INKA in supplying train carriages to Bangladesh is the fourth after previously in 2015, it has succeeded in winning the procurement contract for 100 units of MG train carriages and 50 units of BG train carriages. The project has been successfully implemented by PT INKA by sending the 150 carriages to Bangladesh in 2016.
PT INKA involvement in Bangladesh Railway started in 2006, when it succeeded in the procurement of 50 units of BG type train carriages.
http://www.indonesia-dhaka.org/pt-i...-of-train-carriage-procurement-in-bangladesh/
Bungaterakhir
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Ekspansion and development for some of airport in indonesia.
Sultan Syarif Kasim II International airport Ultimate.
Sultan Thaha Airport, Jambi city, Jambi province, Indonesia.
Syamsudin Noor Airport
Sultan Syarif Kasim II International airport Ultimate.
Sultan Thaha Airport, Jambi city, Jambi province, Indonesia.
Syamsudin Noor Airport
Satria Manggala
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Sof already opened in Qatar 2016
Indonesian supermarket opened in Qatar
16 hours ago | 1.074 Views
Jakarta (ANTARA News) - A supermarket selling Indonesian products was opened in the Messaieed City, located around 40 kilometers from Doha, Qatar.
The Indonesian supermarket, called KWIQ Supermarket, was officially opened to the public on June 17 by Indonesian Ambassador to Qatar Muhammad Basri Sidehabi, as quoted from the official website of the Indonesian Ministry of Foreign Affairs on Monday.
"This Indonesian supermarket serves as a concrete manifestation of Deputy Minister of Foreign Affairs A.M. Fachirs instruction during a coordination meeting last month," Sidehabi noted.
The deputy minister had instructed the Indonesian representative to focus on feasible and concrete efforts and to dare to innovate for the benefit of the people, he said.
The supermarket is expected to encourage the Indonesian diaspora to develop businesses in Qatar as well as to serve as a platform for Indonesian businessmen keen to expand their business in Qatar.
The plan to set up an Indonesian supermarket was initiated by the KWIQ cooperative group.
Head of the KWIQ cooperative group Kartini Sarsilaningsih said Indonesian citizens living in Messaieed and Wakrah are keen to support the plan to set up an Indonesian supermarket in Qatar.
Sasilaningsih said the business holds high potential, adding that the Government of Qatar is currently conducting diversification of products following the diplomatic rift with several gulf countries.
She hoped that in future, the Indonesian supermarket would gain greater support from Indonesian business entities and producers that are looking to expand their business in Qatar.
"For now, the supermarket has set a target to function as a distributor for Indonesian products since it has a business network," she revealed.
The supermarket has been supported by the Indonesian Business Association in Qatar and is selling Indonesian products, such as food and beverages and household appliances.
It also serves costumers online through the website: www.supermarket.kwiqatar.com.(*)
Satria Manggala
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Indonesia donates 14 thousand liters of diesel oil for Gaza
Red: Reiny Dwinanda
MOHAMMED SABER/EPA
Muslims at Gaza, Palestine.
REPUBLIKA.CO.ID, JAKARTA -- Indonesian Muslims have provided 14 thousand liters of diesel oil for Palestinians in Gaza through a diesel oil aid and distribution program for running generators in the city's mosques during power outages.
According to a statement from the Ad Interim Charge d'Affaires of the Indonesian Embassy in Amman, Jordan, Nico Adam, received by Antara here on Tuesday, the program was initiated by an Indonesian activist Abdillah Onim who had settled in the Gaza Strip.
Adam explained that the 14 thousand liters of diesel oil is a form of donation from Indonesian Muslims to be distributed in the last 10 days of the month of Ramadhan to about 140 mosques, in which each receives 100 liters.
The aid is expected to reduce the sufferings of Palestinian Muslims, so that they can conduct their daily worship activities during the Ramadhan smoothly.
According to Adam, for over a decade, Palestinian people in the Gaza Strip have been leading a difficult life, as poverty and unemployment rates are on the rise, and fuel is increasingly scarce.
On June 11, 2017, the Israeli Cabinet had decided to reduce the amount of electricity supply to Gaza after the Palestinian Authority stopped the payment of Gaza's electricity bill.
Israel has been charging $12 million to the Palestinian Authority for electricity bills of the Gaza Strip.
However, last month, the Palestinian Authority had informed that they would only pay 70 percent of the bill.
The payment reduction will further exacerbate the energy crisis in Gaza, as the area receives only three to four hours of electricity per day for about two million people.
During the holy month of Ramadan, Onim and his team in Gaza have undertaken several social activities, such as distributing fasting food packages to the needy Palestinian families, distributing medicines and food to hospitals and health centers in the area, and opening an Indonesian market in Gaza.
Several religious leaders and mosque priests expressed their gratitude to the people of Indonesia who have always provided humanitarian aid to reduce the sufferings of the Palestinian people, especially those living in Gaza Strip.
Antara
Red: Reiny Dwinanda
MOHAMMED SABER/EPA
Muslims at Gaza, Palestine.
REPUBLIKA.CO.ID, JAKARTA -- Indonesian Muslims have provided 14 thousand liters of diesel oil for Palestinians in Gaza through a diesel oil aid and distribution program for running generators in the city's mosques during power outages.
According to a statement from the Ad Interim Charge d'Affaires of the Indonesian Embassy in Amman, Jordan, Nico Adam, received by Antara here on Tuesday, the program was initiated by an Indonesian activist Abdillah Onim who had settled in the Gaza Strip.
Adam explained that the 14 thousand liters of diesel oil is a form of donation from Indonesian Muslims to be distributed in the last 10 days of the month of Ramadhan to about 140 mosques, in which each receives 100 liters.
The aid is expected to reduce the sufferings of Palestinian Muslims, so that they can conduct their daily worship activities during the Ramadhan smoothly.
According to Adam, for over a decade, Palestinian people in the Gaza Strip have been leading a difficult life, as poverty and unemployment rates are on the rise, and fuel is increasingly scarce.
On June 11, 2017, the Israeli Cabinet had decided to reduce the amount of electricity supply to Gaza after the Palestinian Authority stopped the payment of Gaza's electricity bill.
Israel has been charging $12 million to the Palestinian Authority for electricity bills of the Gaza Strip.
However, last month, the Palestinian Authority had informed that they would only pay 70 percent of the bill.
The payment reduction will further exacerbate the energy crisis in Gaza, as the area receives only three to four hours of electricity per day for about two million people.
During the holy month of Ramadan, Onim and his team in Gaza have undertaken several social activities, such as distributing fasting food packages to the needy Palestinian families, distributing medicines and food to hospitals and health centers in the area, and opening an Indonesian market in Gaza.
Several religious leaders and mosque priests expressed their gratitude to the people of Indonesia who have always provided humanitarian aid to reduce the sufferings of the Palestinian people, especially those living in Gaza Strip.
Antara
pr1v4t33r
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pr1v4t33r
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More project from Bangladesh. Now 50 units BG (broad gauge) train. The contract was signed yesterday, June 20, 2017.
Direktur Utama PT INKA (Persero), R. Agus H. Purnomo dan Additional Directorate General Bangladesh Railway, Shamsuzzaman, saat penandatanganan pengadaan 50 kereta type broad gauge (BG), di Dhaka, Bangladesh (20/6).
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Nike
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Over two million Chinese tourists to visit Indonesia in 2017
Rabu, 21 Juni 2017 07:18 WIB - 829 Views
Jakarta (ANTARA News) - The number of Chinese tourists visiting Indonesia is estimated to reach more than 2 million tourists in 2017, an official said.
Charge dAffaires of the Embassy of the Peoples Republic of China in Jakarta Sun Weide said here on Tuesday that the tourism cooperation between Indonesia and China continues to grow.
The Chinese Embassy has recorded around 560,000 Chinese tourists to have visited Indonesia during the first three months of this year.
"The number of Chinese tourists visiting Indonesia is estimated to reach more than two million this year," Sun Weide said in a press conference followed by an iftar at the Chinese Embassy in Jakarta.
Last year, 1.45 million Chinese tourists had visited Indonesia. The number was the second largest after Singapores with 1,47 million tourists.
It is estimated that the visiting Chinese tourists had contributed around two billion US dollars of foreign exchange to Indonesia last year, he said.
Cooperation in the tourism sector between Indonesia and China has been robust, he said.
On the same day, delegation from Guizhou Province of China held a conference to promote its tourism potential in Jakarta.
Ren Xiang Sheng, Guizhou Provincial Secretary in southwestern China, said the increased cooperation in the fields of tourism and culture has become part of efforts to strengthen Chinas One Belt and One Road (Obor) initiative.
In 2016, more than one million tourists had visited Guizhou, a region dotted with picturesque mountain in China. Out of one million visiting tourists, 128,000 were Indonesians.
Indonesian Ministry of Tourism has estimated that the number of Chinese tourists visiting Indonesia will reach 2.4 million in 2017, surpassing Singaporeans who were estimated to top around 2.275 million in the same year.
Achieving its 12 million tourist visit target in 2016, Indonesia has set a target to attract 15 million tourist in 2017.(*)
Editor: Heru
COPYRIGHT © ANTARA 2017
Bungaterakhir
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BEI index hits a new record high
Jakarta (ANTARA News) - The composite share price index (IHSG) of the Indonesian Stock Exchange (BEI) hit a new record closing at 5,818.55 points on Wednesday.
The index closed 26.64 points or 0.46 percent higher than on Tuesday with index of 45 most liquid shares rose 0.44 percent to 978.63 points.
Analyst from Indosurya Mandiri Sekuritas, William Surya Wijaya said the possibility of Fitch Ratings to raise Indonesias rating encourage investment. Fitch Ratings has said Indonesian credit rating could increase if the national economic growth could be maintained.
"Conducive national economic fundamental encourages investors to buy more shares resulting in stronger IHSG," William said.
He said the latest economic policy package issued by the government aimed at expanding business and improve competitiveness of logistic service providers is expected to give greater confidence to foreign investors to do business in the country.
"Indonesia is still considered attractive for foreign investors, that the possibility of long term investment is still open that IHSG could climb higher," he said.
Based on BEI data there was Rp192.94 billion in "foreign net buy" on Wednesday trading. The previous record high of IHSG was 5,792.90 point recorded on 13 June 2017.
In Wednesdays trading there were 271,024 transactions with 17.687 billion shares worth Rp10.339 trillion changing hands with 118 shares gaining, 200 shares down in prices and 130 shares unchanged.
Meanwhile, the indices of regional shares including Nikkei, Hang Seng and Straits Times declined.(*)
source : http://www.antaranews.com/en/news/111502/bei-index-hits-a-new-record-high
Jakarta (ANTARA News) - The composite share price index (IHSG) of the Indonesian Stock Exchange (BEI) hit a new record closing at 5,818.55 points on Wednesday.
The index closed 26.64 points or 0.46 percent higher than on Tuesday with index of 45 most liquid shares rose 0.44 percent to 978.63 points.
Analyst from Indosurya Mandiri Sekuritas, William Surya Wijaya said the possibility of Fitch Ratings to raise Indonesias rating encourage investment. Fitch Ratings has said Indonesian credit rating could increase if the national economic growth could be maintained.
"Conducive national economic fundamental encourages investors to buy more shares resulting in stronger IHSG," William said.
He said the latest economic policy package issued by the government aimed at expanding business and improve competitiveness of logistic service providers is expected to give greater confidence to foreign investors to do business in the country.
"Indonesia is still considered attractive for foreign investors, that the possibility of long term investment is still open that IHSG could climb higher," he said.
Based on BEI data there was Rp192.94 billion in "foreign net buy" on Wednesday trading. The previous record high of IHSG was 5,792.90 point recorded on 13 June 2017.
In Wednesdays trading there were 271,024 transactions with 17.687 billion shares worth Rp10.339 trillion changing hands with 118 shares gaining, 200 shares down in prices and 130 shares unchanged.
Meanwhile, the indices of regional shares including Nikkei, Hang Seng and Straits Times declined.(*)
source : http://www.antaranews.com/en/news/111502/bei-index-hits-a-new-record-high
Bungaterakhir
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NEW AHMAD YANI INTERNATIONAL AIRPORT. Semarang, Central Java province, Indonesia. It would look like "floating" above the water. Access road to the new terminal is done. Target completion in 2018.
pr1v4t33r
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Record foreign reserves move Indonesia past 'fragile' status
With the rupiah strengthening against major currencies and the country's foreign reserves soaring to a record high in May, Indonesia hopes to leave behind the "fragile five" moniker given to several emerging economies heavily dependent on foreign investment. Put together, all the good news may coax even more foreign investors to the local stock market.
readmore: http://asia.nikkei.com/Politics-Eco...n-reserves-move-Indonesia-past-fragile-status
With the rupiah strengthening against major currencies and the country's foreign reserves soaring to a record high in May, Indonesia hopes to leave behind the "fragile five" moniker given to several emerging economies heavily dependent on foreign investment. Put together, all the good news may coax even more foreign investors to the local stock market.
readmore: http://asia.nikkei.com/Politics-Eco...n-reserves-move-Indonesia-past-fragile-status
Satria Manggala
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Indonesia to Respond EU`s Negative Palm Oil Campaign
ANTARA FOTO/Budi Candra Setya
TEMPO.CO, Jakarta - Coordinating Economic Affairs Minister Darmin Nasution held a meeting to discuss a working visit to Europe in July. The government will open a discussion on the palm oil resolution issued by European Union’s parliament.
“Indonesia needs to respond to the issues, even though their executive and ambassador claims that the palm oil resolution isn’t binding nor is it a product of law,” Industry Minister Airlangga Hartarto said.
Airlangga argues that the Government needs to provide an explanation so that EU’s decision will not hamper the Indonesia-EU CEPA (Europe Union-Comprehensive Economic Partnership) deliberation.
“Because in the end, the CEPA discussion will still need the parliament’s decision,” He said.
The European Union parliament had previously issued a resolution regarding the Report on Palm Oil Deforestation of Rainforests.
Trade Minister Enggartiasto Lukita stated that Indonesia must take action even though the negative campaign does not affect Indonesia’s exports.
ANGELINA ANJAR SAWITRI
https://en.tempo.co/read/news/2017/...sia-to-Respond-EUs-Negative-Palm-Oil-Campaign
ANTARA FOTO/Budi Candra Setya
TEMPO.CO, Jakarta - Coordinating Economic Affairs Minister Darmin Nasution held a meeting to discuss a working visit to Europe in July. The government will open a discussion on the palm oil resolution issued by European Union’s parliament.
“Indonesia needs to respond to the issues, even though their executive and ambassador claims that the palm oil resolution isn’t binding nor is it a product of law,” Industry Minister Airlangga Hartarto said.
Airlangga argues that the Government needs to provide an explanation so that EU’s decision will not hamper the Indonesia-EU CEPA (Europe Union-Comprehensive Economic Partnership) deliberation.
“Because in the end, the CEPA discussion will still need the parliament’s decision,” He said.
The European Union parliament had previously issued a resolution regarding the Report on Palm Oil Deforestation of Rainforests.
Trade Minister Enggartiasto Lukita stated that Indonesia must take action even though the negative campaign does not affect Indonesia’s exports.
ANGELINA ANJAR SAWITRI
https://en.tempo.co/read/news/2017/...sia-to-Respond-EUs-Negative-Palm-Oil-Campaign
Satria Manggala
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PT Inka, Bangladesh sign railway contract to procure 50 train carriages
Red: Reiny Dwinanda
Antara//Siswowidodo
PT Inka has targeted to export its products to developing countries, particularly in South Asia and Africa.
REPUBLIKA.CO.ID, DHAKA -- Indonesia's state-owned railway manufacturer PT INKA has signed a contract with Bangladesh Railway here, June 20, for the procurement of 50 Broad Gauge (BG) train carriages.
The contract document was signed by PT INKA President Director Agus H. Purnomo and Bangladesh Railway's Additional Director General of Rolling Stock Md. Shamsuzzaman, the Indonesian Embassy in Dhaka noted in a statement posted on the Indonesian Foreign Affairs Ministry's official website, here, Friday.
The signing of the contract was witnessed by Minister of Railways of Bangladesh Md. Mazibul Hoque, MP.
In his speech, Bangladesh's minister of railways praised the quality of train carriages manufactured by PT INKA. He also lauded PT INKA's timeliness in delivering train carriages so far. The 50 train carriages, with a stainless steel superstructure, will be supplied within 24 months.
The signing of the contract is a follow up to PT INKA winning the bid on April 24, 2017, to supply 50 BG train carriages. PT INKA emerged as the lowest bidder, beating the price offered by Rites Limited from India.
Recently, on June 11, 2017, PT INKA again stood out as the winning bidder for the procurement of train carriages in Bangladesh. PT INKA won over rivals -- Rites Limited of India and CRRC Changcun of China -- in the procurement of 200 Meter Gauge train carriages.
The signing of the contract for the 200 train carriages is planned in July or August 2017.
As the first fully integrated rolling stock and automotive manufacturer in Southeast Asia, PT Inka has targeted to export its products to developing countries, particularly in South Asia and Africa.
Last year, PT Inka had exported a shipment of 150 Shovon-type passenger carts ordered by Bangladesh Railways in a deal worth US$73 million. The coaches were made by the Indonesian company to specifically cater to Bangladesh's needs.
Antara
Red: Reiny Dwinanda
Antara//Siswowidodo
PT Inka has targeted to export its products to developing countries, particularly in South Asia and Africa.
REPUBLIKA.CO.ID, DHAKA -- Indonesia's state-owned railway manufacturer PT INKA has signed a contract with Bangladesh Railway here, June 20, for the procurement of 50 Broad Gauge (BG) train carriages.
The contract document was signed by PT INKA President Director Agus H. Purnomo and Bangladesh Railway's Additional Director General of Rolling Stock Md. Shamsuzzaman, the Indonesian Embassy in Dhaka noted in a statement posted on the Indonesian Foreign Affairs Ministry's official website, here, Friday.
The signing of the contract was witnessed by Minister of Railways of Bangladesh Md. Mazibul Hoque, MP.
In his speech, Bangladesh's minister of railways praised the quality of train carriages manufactured by PT INKA. He also lauded PT INKA's timeliness in delivering train carriages so far. The 50 train carriages, with a stainless steel superstructure, will be supplied within 24 months.
The signing of the contract is a follow up to PT INKA winning the bid on April 24, 2017, to supply 50 BG train carriages. PT INKA emerged as the lowest bidder, beating the price offered by Rites Limited from India.
Recently, on June 11, 2017, PT INKA again stood out as the winning bidder for the procurement of train carriages in Bangladesh. PT INKA won over rivals -- Rites Limited of India and CRRC Changcun of China -- in the procurement of 200 Meter Gauge train carriages.
The signing of the contract for the 200 train carriages is planned in July or August 2017.
As the first fully integrated rolling stock and automotive manufacturer in Southeast Asia, PT Inka has targeted to export its products to developing countries, particularly in South Asia and Africa.
Last year, PT Inka had exported a shipment of 150 Shovon-type passenger carts ordered by Bangladesh Railways in a deal worth US$73 million. The coaches were made by the Indonesian company to specifically cater to Bangladesh's needs.
Antara
Nike
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Indonesia's Jangkrik field’s first LNG cargo delivered
Rome-based energy firm Eni SpA has started gas production at the Jangkrik development project site in East Kalimantan. (Antara/M. Agung Rajasa)
The first liquefied natural gas (LNG) cargo from the Jangkrik field within the Muara Bakau block has been delivered to the Tanjung Benoa regasification terminal in Bali from the LNG Bontang refinery in East Kalimantan.
The delivery was part of a long-term contract with state-owned oil and gas giant Pertamina. The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) deputy chairman, Sukandar, said that a majority of the gas produced from the Muara Bakau field would be prioritized for fertilizer factories and other domestic industries where it was needed.
“The fulfilment of demand is also proof that the upstream oil and gas industry completely supports the government’s program to maintain food and energy security in Indonesia,” he said, according to a press release.
In addition to fertilizer plants, the LNG will also be used to help support the power sector to ensure that those in eastern Indonesia have access to electricity.
Up until Thursday, gas produced by the Jangkrik field has been processed into LNG at a rate of 2,400 million cubic square feet per day (mmscfd). The current production rate is around 200 mmscfd, which will eventually reach a peak of 450 mmscfd. (dmr)
Topics :
- Fedina S. Sundaryani
The Jakarta Post
The first liquefied natural gas (LNG) cargo from the Jangkrik field within the Muara Bakau block has been delivered to the Tanjung Benoa regasification terminal in Bali from the LNG Bontang refinery in East Kalimantan.
The delivery was part of a long-term contract with state-owned oil and gas giant Pertamina. The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) deputy chairman, Sukandar, said that a majority of the gas produced from the Muara Bakau field would be prioritized for fertilizer factories and other domestic industries where it was needed.
“The fulfilment of demand is also proof that the upstream oil and gas industry completely supports the government’s program to maintain food and energy security in Indonesia,” he said, according to a press release.
In addition to fertilizer plants, the LNG will also be used to help support the power sector to ensure that those in eastern Indonesia have access to electricity.
Up until Thursday, gas produced by the Jangkrik field has been processed into LNG at a rate of 2,400 million cubic square feet per day (mmscfd). The current production rate is around 200 mmscfd, which will eventually reach a peak of 450 mmscfd. (dmr)
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