Indonesia Economy Forum

[pr1v4t33r]

Hi Indo friends, Is this stuff by an Australian site accurate?

The contest illustrates that Indonesia's democracy is, to a large extent, a fight between emerging leaders with strong public support such as Widodo and Purnama and old war horses trying to maintain their influence.

I'm not quite agree to this statement that trying to potray Agus and Anies as part of the old guard. In my view, they are also part of the young emerging leaders that are competent, backed with strong public support, and have clean track record during their career.

Anies & Agus

 

[Marhaenisme]

Indonesia Trade Expo Day One Collects Rp 1,26 Trilion.

TEMPO.CO, Jakarta - There were at least ten deals signed in the first session of the 31st Indonesia Trade Expo (TEI) yesterday, October 12. The trade contracts are the result of a buying mission conducted by companies from Canada, United States of America, India, Spain, Taiwan, Russia, Australia, and Swiss, with Indonesian export companies.

The total transactions on the first session reached US$ 97.27 million or around Rp1.264 trillion. “This is really promising. This shows that other than their interests, Indonesian products can actually compete in the global market,” said the Minister of Trade Enggartiasto Lukita on Thursday, October 13, 2016.

Enggar explained the trade contracts are a result of the work from Indonesian trading representatives overseas. “Through this trade contract, our representatives overseas constantly prove their support in the increase of national exports,” he said.

From the total value, according to the minister, the biggest transaction obtained was from the trade deal made between Swiss’ Firmenich and exporter Indesso for essential oil products. The next one came from the services sector between Australia’s Alliance Aboard Group International and PT Sukamulia Mandiri Agung.

The contract signing will go on into the next session, among others are companies from Belgium, Malaysia, Taiwan, Singapore, and Nigeria. “The trade contract transactions from the buying missions of day one will increase until the last day of the TEI 2016. I’m optimist and sure that the TEI 2016 will be able to boost the performance of national export,” Enggar said.

PINGIT ARIA


Good news, inovation with more value-added our products can compate India and China, also can boost the value of our exports.

 

[Kalazan]

Car Sales Continue Expanding in Sept, Bolster Hopes of Recovervy

Jakarta. Car sales in Indonesia continued to grow in September, increasing the chance that total sales could exceed that of last year.

Domestic automobile manufacturers sold 92,000 cars last month, up 4 percent from a year earlier, data from the Indonesian Automotive Association, or Gaikindo, showed on Wednesday (12/10).

Albeit expanding at a slower pace compared to the previous months, this was the sixth consecutive month that car sales in Indonesia recorded a positive growth, bolstering hopes that the industry may be bottoming out toward a recovery.

Cumulatively, car manufacturers sold 783,000 cars in the first nine months of this year. Toyota managed to increase its market share to 54 percent from 50 percent a year ago.

Jongkie Sugiarto, Gaikindo's deputy chairman, said a combination of recovering economic growth, the release of new cheap car models and aggressive marketing at several auto shows this year has helped a lot with sales.

He said Gaikindo remained optimistic 2016 sales will reach 1.05 million cars, better than last year when sales slumped by 16 percent to one million cars.

"I think we have enough time this year to reach that target," Amelia Tjandra, marketing director at Astra Daihatsu Motor — a joint venture between Indonesia's largest car distributor and commodity conglomerate Astra International and Japan's Daihatsu Motor — said.

Astra Daihatsu has so far sold 16,000 cars thanks to its popular minivans Gran Max and Xenia as well as the low-cost green cars Ayla and Sigra.

Rival Honda Prospect Motor also expects consistent sales toward the end of the year, after booking a 29 percent increase in sales in the first nine months this year since the same period last year.

Honda sold 151,849 cars by the end of September, up from 117,720 cars a year earlier, marketing and after sales service director Jonfis Fandy said.

jakartaglobe

 

[papacita]

Indonesia remains global investment sweet spot

American Chamber of Commerce (AmCham) Indonesia president Brian Arnold (left) officially hands over the executive summary of the US-Indonesia Investment Report to Investment Coordinating Board (BKPM) chairman Thomas Lembong (center) while executive vice president and head of international affairs US Chamber of Commerce Myron Brilliant (right) looks on, during the US-Indonesia Investment Initiative 2016 in Jakarta on Thursday.(JP/Dhoni Setiawan)

As the global economy continues to be volatile, more and more investors are seeking opportunities in emerging markets, with Indonesia regarded as one of the countries that holds all the aces.

The 2016 Global Investment Trends Monitor report, issued by the UN Conference on Trade and Development (UNCTAD) on Oct. 6, puts Indonesia in ninth position on its list of top prospective host countries for foreign direct investment (FDI) from 2016 to 2018, up from the 14th position in 2014.

The US is on top of the list, followed by China and India. Meanwhile, Malaysia ranks 10th, teaming up with Indonesia as the only two Southeast Asian countries to make it into the top 10.

“The truth is, developed countries like those in Europe have reached saturation point. So global investors tend to look at opportunities in developing countries like Indonesia,” Danareksa Sekuritas analyst Lucky Bayu Purnomo told The Jakarta Post recently.

According to the report, a majority of multinational CEOs worldwide expect an upsurge in investment flow to Indonesia’s manufacturing and services sectors.

Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P. Roeslani said one sector that would benefit from the current situation was consumer goods. “It’s going to be an attractive sector, considering the rapid growth of our middle-class population,”he said.

The number of middle-class and affluent consumers is set to increase to 141 million people by 2020, up from 88 million in 2014, according to a Boston Consulting Group (BCG) survey. This demographic group is defined as possessing at least Rp 50 million (US$3,825) in household assets.

Consumer goods manufacturer Unilever Indonesia corporate secretary Sancoyo Antarikso sees eye-to-eye with Rosan, acknowledging that Indonesia has vast untapped potential.

“The level of consumption per capita in almost every category we work in is still relatively low, hence leaving room for rapid growth in the future,” he said.

Investment Coordinating Board (BKPM) data show that the food industry, which plays a key role in the consumer goods sector, obtained $988.63 million in FDI in the first half and was listed as the fifth-most preferred sector by foreign investors.

Both Lucky and Rosan said the infrastructure sector would also benefit from FDI inflows, as it had become one of the government’s top priorities to resolve the country’s inefficient logistics system and acute distribution bottlenecks that have seriously hampered economic development.

Indonesia’s infrastructure projects will cost a total of Rp 5.5 quadrillion by 2019, National Development Planning Agency (Bappenas) data show.

Therefore, many companies expect to make a fortune from the government’s growing appetite for infrastructure development.

Publicly listed diversified conglomerate Astra International, for example, has allocated Rp 14 trillion in its consolidated capital expenditure this year, with almost 40 percent set to finance projects in the infrastructure, logistics and property sectors.

Astra, which has started to focus on non-automotive businesses due to stagnant growth in its automotive segment, controls five toll road projects at present. It is also building two power plants in Jepara, Central Java, with total investment of $3.9 billion.

Meanwhile, Daewoo Securities Indonesia stated in August that the UK’s decision to leave the EU in June had prompted global central banks worldwide to ease their monetary stance and reduce interest rates further.

The move was then followed by investors moving their money elsewhere, including to emerging markets like Indonesia, as they sought better returns.

The Jakarta Composite Index, which is the benchmark of the Indonesia Stock Exchange, has soared 16.3 percent year-to-date, with almost Rp 35 trillion in foreign funds flowing in.

 

[pr1v4t33r]

>>> What kind of maneuver is this?

Indonesian President Widodo reappoints 2 former ministers
Indonesian President Joko Widodo on Friday (Oct 14) reappointed two former ministers back into his cabinet.

Widodo appointed former Transportation Minister Ignasius Jonan as Minister for Energy and Mineral Resources, and former Energy and Mineral Resources Minster Archandra Tahar as Ignasius's deputy.

Both Ignasius and Archandra were sworn in their new positions at the Istana on Friday. Ignasius was removed from his position at the Transportation Ministry during Widodo's second cabinet reshuffle in July.

The re-appointment of Ignasius as a minister was a surprise since his dismissal barely three months ago was because he was known to be at odds with the President.

On the other hand, Archandra, a US-educated oil engineer was appointed as Energy and Mineral Resources Minister in July, but he was sacked a month later after it was rumoured that he was holding dual citizenship. Archandra who had lived in the US for 20 years, allegedly had two passports from the US and from Indonesia.

Indonesian law on citizenship stipulates that an Indonesian automatically loses his citizenship when he voluntarily accepted a foreign citizenship.

Speaking to reporters after the swearing-in ceremony, Widodo stressed that his decision was based on the best men for the job.

"This is a management issue; it has nothing to do with personal or political issues," said the President. "I believe both of them are competent, even though I know they are stubborn. It's not an easy ministry, but I believe both of them can bring solutions."

http://www.channelnewsasia.com/news...do-reappoints-2-former-ministers/3206082.html

 

[Nike]

>>> What kind of maneuver is this?

Indonesian President Widodo reappoints 2 former ministers
Indonesian President Joko Widodo on Friday (Oct 14) reappointed two former ministers back into his cabinet.

Widodo appointed former Transportation Minister Ignasius Jonan as Minister for Energy and Mineral Resources, and former Energy and Mineral Resources Minster Archandra Tahar as Ignasius's deputy.

Both Ignasius and Archandra were sworn in their new positions at the Istana on Friday. Ignasius was removed from his position at the Transportation Ministry during Widodo's second cabinet reshuffle in July.

The re-appointment of Ignasius as a minister was a surprise since his dismissal barely three months ago was because he was known to be at odds with the President.

On the other hand, Archandra, a US-educated oil engineer was appointed as Energy and Mineral Resources Minister in July, but he was sacked a month later after it was rumoured that he was holding dual citizenship. Archandra who had lived in the US for 20 years, allegedly had two passports from the US and from Indonesia.

Indonesian law on citizenship stipulates that an Indonesian automatically loses his citizenship when he voluntarily accepted a foreign citizenship.

Speaking to reporters after the swearing-in ceremony, Widodo stressed that his decision was based on the best men for the job.

"This is a management issue; it has nothing to do with personal or political issues," said the President. "I believe both of them are competent, even though I know they are stubborn. It's not an easy ministry, but I believe both of them can bring solutions."

http://www.channelnewsasia.com/news...do-reappoints-2-former-ministers/3206082.html

i am welcomed this kind of surprise, both are capable people who know their business

Indonesian minister in Japan to explore investment opportunities
Kamis, 13 Oktober 2016 18:04 WIB | 833 Views

Minister Airlangga Hartarto. (ANTARA/Widodo S. Jusuf)

Jakarta (ANTARA News) - Industry Minister Airlangga Hartarto is visiting Japan from October 13 to 16 to explore and seize investment opportunities in the industrial sector.

"The point of the working visit to Japan is to discuss the development of industry and investment between the two countries in the future," said Hartarto in a written statement given to ANTARA News on Thursday.

The visit is in connection with the plans of some Japanese companies to invest in Indonesia. On the agenda are bilateral meetings with representatives of the Japanese government and businesses, including Japans minister of economy, trade and industry and chairman of Indonesia-Japan Parliamentary League.

Hartarto is accompanied by I Gusti Putu Suryawirawan, director general of metal, machinery, transportation equipment and electronics (ILMATE) industries.

The minister said they aim to obtain information and get an overall understanding of investment and the development of technology in Japans industrial sector, such as in the automotive sector. "We plan to visit Daihatsus research and development facilities as the company is committed to the development of the automotive sector in Indonesia and to making the country a production base for export markets," he said.

Hartarto will also meet officials of the Kansai Economic Federation (Kankeiren) and Osaka Steel.

"We will open up opportunities for cooperation in the fields of technology and investment, particularly in the automotive component industry, steel and electronics," he said.

The minister will have one-on-one meetings with the directors of several Japanese companies, including Nippon Steel and Sumitomo Metal Corporation, Mitsubishi Motors Corporation, Mitsubishi Materials Corporation, Asahi Glass Corporation, Sango Corporation, and Shoji Corporation.
(Uu.O001/INE/KR-BSR/F001)
http://www.antaranews.com/en/news/1...-in-japan-to-explore-investment-opportunities

Trade Expo Indonesia buying mission generates deals worth US$186.69 million
Kamis, 13 Oktober 2016 20:49 WIB | 722 Views

Trade Ministry`s Head of National Export Development Arlinda. (ANTARA News)

Jakarta (ANTARA News) - Now into its second day, the Trade Expo Indonesia event has generated a total of US$186.69 million worth of transactions in the form of trade contracts.

"Transactions worth US$178.7 million were signed on the first day while US$7.99 million worth of deals were signed on the second day," informed the Trade Ministrys Head of National Export Development Arlinda in Jakarta, on Thursday.

On the second day of the Expo, the buying mission contract signing was dominated by importers of food and beverage products from Australia.

The signings were witnessed by Suprapto Martosetomo, Indonesias Ambassador to South Africa as well as the Kingdom of Lesotho, the Kingdom of Swaziland and the Republic of Botswana. The deals were signed by six importers from three countries, including Nigeria, Australia and South Africa, and eight local export businesses.

In the pharmaceutical sector, Nigerias Jeijosh Pharma signed a deal with PT. Phapros, while Sony Trading Pty. Ltd signed a deal with PT. Mayora Indah.

In the food and beverage products sector, PT. Pondan Pangan Makmur and PT. Sarimunik Mandiri signed a deal with Eastern Cross Trading Pty. Ltd and CV. Intrafood, while Hean Corporation and PT. Dua Kelinci signed a partnership in the same sector.

Grein Australia Pty Ltd and PT. Sayap Mas Utama signed a deal for food and beverage products as well as consumer goods.

Lastly, Wemco Investment & Trading Ltd and PT. KMI Wire and cable Tbk. signed a contract for wire products.

A total of 37 trade contract signings were carried out between 30 importers from 16 countries and 34 local exporter companies based on the buying mission on the Expos second day.

Essential oils and coconut milk were among the most sought after products and generated the most transactions, along with skilled workforce contracts from the services field.

Other commodities that were also coveted by foreign importers included coffee, tea, cement, furniture, wires, food and beverage products, seafood, anti-fatigue mats, floor mats, cutting boards and modular tiles.

Arlinda believes that this event has broadened Indonesias export opportunities in a number of markets, especially non-traditional ones.

"We continue to work so that the Indonesian trade representatives contribute more overseas, while at the same time encouraging business makers to enhance the quality of their products because export opportunities are now very vast," Arlinda remarked.

The Trade Ministry aims for the goods trade transactions to reach US$800 million by the end of this Trade Expo, excluding the investment opportunities and services related transactions.

It is hoped that overall, the total transactions signed can reach US$1 billion, exceeding the previous year's figure of US$909 million of deals.

(Reported by Vicki Febrianto/Uu.KR-ARC/INE/KR-BSR/H-YH)

http://www.antaranews.com/en/news/1...mission-generates-deals-worth-us18669-million

 

[Nike]

Pertamina's Distribution Unit Buys Vessel Worth $12m

Jakarta. Pertamina Trans Kontinental, or PTK, an oil and gas shipping unit of state energy company Pertamina, has added one tanker vessel worth $11.7 million to its fleet to strengthen oil distribution across the archipelago and help increase revenue.

The company received the 3,500 dead weight tonnage (DWT) tanker vessel Tansko Arafura on Wednesday, purchased from Drydock World Pertama, a local arm of the Dubai-based shipbuilding company.

The company believes enlarged fleet would increase capacity and efficiency in oil and gas distribution.

"Transko Arafuru will support Pertamina in transporting oil production, in which hopefully it can contribute Rp 31 billion [$2.3 million] per year to revenue," said PTK chief executive Soebagjo Hari Moeljanto in a statement sent to Jakarta Globe on Friday (14/10).

Transko Arafura is the first tanker built and owned by Pertamina Trans Continental which will operate in the Northern Sumatra and Kalimantan waters and surrounding areas.

PTK also plans to add a Ranau Perkasa oil barge with a 1,100 kiloliter capacity to be built by Patria Maritime Perkasa in Riau.

http://jakartaglobe.beritasatu.com/business/pertaminas-distribution-unit-buys-vessel-worth-12m/

 

[katarabhumi]

INKA Indonesia has sold 10 railway coaches to Bangladesh

Md Taiyeb Ali Sarker, Nilphamari - October 14, 2016

Asian Development Bank is funding the purchase from Indonesia which includes 100 meter gauge and 50 broad gauge coaches within February 2017

Ten new passenger coaches have been imported from Indonesia and sent to Saidpur Railway Workshop.

The modern coaches reached the workshop on Tuesday and the railway workers are now conducting inspection to prepare the coaches for trial run, sources said.

BR sources said that the coaches were made specifically for Bangladesh’s particular needs by PT Inka (Persero). PT Inka is a state-owned train manufacturer, the first fully integrated rolling stock and automotive manufacturer in Southeast Asia.

Shawkat Jamil, divisional traffic officer of Bangladesh Railway (BR) West Zone (Rajshahi), said: “BR imported the coaches under a bilateral agreement between Bangladesh and Indonesia. Among the coaches one is AC berth, three are AC chair and rest six are Shovon chair.”

Workers at the workshop told the Dhaka Tribune that these coaches are of better quality than the Indian coaches.

Divisional Caretaker of Saidpur Railway Workshop, Nur Ahmed Hossain, said: “After completing the inspection, we will hand over the coaches to Railway traffic department for test runs.”

http://www.dhakatribune.com/bangladesh/2016/10/14/10-railway-coaches-brought-indonesia/

+++++

Indonesia’s new border airport ‘almost ready’ for use

15 October 2016

MANADO — Construction on Indonesia’s northernmost airport on Miangas Island in North Sulawesi has been completed, and the facility is expected to be inaugurated by President Joko “Jokowi” Widodo in December.

“Miangas is one of Jokowi’s goals to strengthen the border. The President also wanted the people living there to experience the same sense of wellbeing as those in other parts of the archipelago,” Transportation Minister Budi Karya Sumadi said after signing a memorandum of understanding with the North Sulawesi provincial government in Manado, North Sulawesi, recently.

The minister added that with the completion of Miangas Airport, Mr Widodo’s administration has fulfilled one of its priority programmes of building more roads and airports — as laid out in the Nawa Cita plan listing priority areas of development when Mr Widodo became President.

This included creating better connectivity between the country’s furthermost regions, as well as maintaining Indonesia’s national sovereignty.

Mr Budi added that all facilities are still being completed, and the government had spent US$15.3 million (S$21.4 million) on the construction of Miangas Airport. It will add another US$7.6 million for a runway extension. The current runway is only 1,400m long and 30m wide, enough for a twin-engine ATR-72 short-haul regional airliner to land on.

The Transportation Ministry said there will be a commercial flight serving Miangas in the future, to fulfil the people’s needs.

Mr Budi verified that the Miangas Airport will be in operation in the near future, and it will be inaugurated by the President in December. He stressed that the North Sulawesi provincial government needs to support the Widodo administration to provide maximum connectivity and develop Miangas, which is only about 200km from the southern Philippine city of Davao but more than 2,500km from the Indonesian capital, Jakarta.

Miangas, previously known as Las Palmas, was the subject of a dispute between the Netherlands and the United States before the Permanent Court of Arbitration in The Hague decided in 1928 that it belonged to the Netherlands. (JAKARTA GLOBE)

http://m.todayonline.com/world/asia/indonesias-new-border-airport-almost-ready-use

+++++

It's weekend, if you an action fan and have plan for cinema time, may try see Ben Affleck's newest action film "The Accountant". Good review so far, and.. has a glimpse of Indonesia in it through Pencak Silat.

Ben Affleck mastered Indonesian fighting style for new film

EntertainmentNews

Director Gavin O'Connor introduced the actor to full-body fighting form Pencak Silat, and told him he would have to train to perfect it, because there wouldn't be many opportunities to call in a stuntman.

"It's an Indonesian style of fighting which was very cinematic, kind of flashy but very efficient which matched the character," Gavin told WENN. "When we honed in on that, our guys just started training Ben."

And the Argo star admits training in the physical defence practice was tough going.

"Gavin was concerned that the action be real and good, something he's done really well in (previous film) Warrior," Ben explained. "So training was as much a part of this as it was for Batman.

"It's a lot harder in this one for the stuntman to do your stunts when you're not wearing a mask! I had to really be on top of my game and work out with professionals who educated me about this fighting style."

Ben plays Christian Wolff, a mathematics genius whose emotionally stilted personality results in him having a difficult relationship with his son, in The Accountant.

And the 44-year-old star previously revealed that the film's complex take on parenting is what drew him to the role.

"Here's a guy out of love and compassion and fear for his son, actually ends up kind of brutalising him and abusing him and it's a really interesting look at what's the appropriate way to channel the intense emotions we have as parents, it's not easy," he told America's People magazine.

Ben is father to 10-year-old Violet, seven-year-old Seraphina and four-year-old Samuel with estranged wife Jennifer Garner.

The Accountant, which also stars Anna Kendrick and J.K. Simmons, opens in theatres on 14 October (16).

http://www.tv3.ie/xpose/article/ent...stered-Indonesian-fighting-style-for-new-film[/I]

 

[Kalazan]

TD Automotive Compressor investasi Rp 1,15 T

JAKARTA. PT. TD Automotive Compressor Indonesia (TACI) membuka pabrik baru bernilai investasi sebesar Rp 1,15 triliun di Cikarang. Perusahaan joint venture dari Toyota Industries Corporation (50,1%), Astra Otoparts (25,7%), Denso International Asia (20%), dan Toyota Tsusho Indonesia (4,2%) mempunyai luas pabrik pabrik 4,3 hektar (ha) di atas area lahan 10 ha ini akan menyerap 1.928 orang karyawan.

Pabrik tersebut akan memproduksi komponen otomotif khususnya kompresor AC mobil dengan clutch.Presiden Direktur PT. TD Automotive Compressor Indonesia (TACI) Ryuya Ogiso menyampaikan, pabrik yang dibangun sejak Januari 2011merupakan bentuk pemanfaatna momentum iklim usaha Indonesia yang sedang kondusif.

Di samping itu, pihaknya berupaya menjadikan pabrik ini sebagai wahana transfer teknologi serta pengembangan sumber daya manusia (SDM) Indonesia di sektor industri otomotif. “Kami memanfaatkan momentum untuk berinvestasi di Indonesia karena iklim usahanya yang kondusif dan daya saing industri otomotif nya semakin meningkat,”ujar Ogiso dalam keterangan tertulisnya.

Sekjen Kementerian Perindustrian Syarif Hidayat, menagatakan (TACI) ini akan memberikan kontribusi signifikan bagi perekonomian nasional karena perusahaan menambah investasi, karyawan, serta meningkatkan jumlah pemasok komponen lokal dalam kegiatan produksi industri di Tanah Air.

Dia mengatakan, sebetulnya untuk industri otomotif secara keseluruhan Indonesia sangat prospektif. Dan untuk industri otomotoif sendiri sebenarnya tak mengalami hambatan.

"Denso adalah pabrik kompresor pemimpin pasar di dunia yang telah lama beroperasi di Indonesia. Sekarang Indonesia sebagai basis produksinya. Dengan kapasitas lebih dari tiga juta unit pertahun, 70% produknya di ekspor ke dunia termasuk Eropa dan Amerika.

Untuk merek-merek yang memang telah besar di Indonesia mereka akan terus memperkuat dengan mendorong vendornya, lalu memperkuat kemampuan pasokannya. Tentunya pabrik tersebut diharapkan dapat memberikan kesempatan lebih luas kepada pemasoknya di dalam negeri,"u jar Syarif pada KONTAN, Minggu (16/10).

kontan.co.id

OJK Inaugurates BEI Investment Gallery in Maumere

Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Muliaman Hadad.

TEMPO.CO, Jakarta - The Financial Service Authority (OJK) president commissioner Muliaman D. Hadad said that his office continues to push for the expansion of financial inclusion program across Indonesia to provide better access to the financial sector. “The program can help to eradicate poverty,” he said in a written statement on Sunday, October 16, 2016.

Muliaman sees that people’s familiarity with financial products and services will increase prosperity. He referred to the capital market as one of the channels to learn more about capital market. He said that capital markets have been very popular lately due to its various advantages, particularly long-term financing.

Muliaman asserted that the OJK will continue to push for capital market development, namely through support for the Indonesia Stock Exchange (BEI) Investment Gallery program in campuses. He expects that students and public can be more familiar with capital market products and services.

OJK inaugurated BEI Investment Gallery yesterday, Oct. 16, at Maumere Nusa Nipa University, East Nusa Tenggara (NTT). Muliaman noted that the gallery is the 62nd of its kind to have been inaugurated by the OJK this year. It is also the first BEI investment gallery in Maumere and the second one in NTT. There are currently 217 investment galleries at universities across Indonesia.

In addition, Muliaman seeks maximum possible financial access not only to capital markets but also in the banking industry and non-bank financial institutions. The aim is to improve financial inclusion in line with the National Financial Literacy Strategy.

DANANG FIRMANTO

tempo.co

 

[ahojunk]

Ministry expects nationwide broadband connectivity by 2017
Sabtu, 15 Oktober 2016 00:41 WIB | 1.070 Views

Pontianak, W. Kalimantan (ANTARA News) - Communication and Information Minister Rudiantara said he expected that all Indonesian regions will be connected through broadband internet by 2017.

"We have been forging partnerships with various parties to achieve this goal. In West Kalimantan alone, we will build a Palapa Ring which will connect the entire regions of Indonesia to a broadband network," Minister Rudiantara stated in North Kayong district, West Kalimantan, on Friday.

He also added that the entire Kalimantan island will be connected through the Internet.

The ministry will build base transceiver stations (BTS) from West Kalimantan to East Kalimantan at 75 locations to connect all the regions in Kalimantan.

Thirty BTS will be built in West Kalimantan to enable access to villages located outside but adjacent to the island.

"Ensuring internet connectivity will be in accordance with the third program of the nine goals or Nawacita. Under this program, the government intends to maximize the national development in the periphery regions," he stressed.

To optimize the network development program, the minister will go straight to some remote villages in West Kalimantan.

"On Sunday, Ill be visiting Entikong to see the communications network infrastructure in the border areas. Then, on Monday, I will be visiting Singkawang for groundbreaking ceremony of the Palapa Ring construction, which is a submarine fiber optic network to strengthen the Internet connectivity in Kalimantan," Rudiantara informed.

On Tuesday, the minister will continue his visit to Palapasang, Entikong sub district where a BTS is to be built. This region shares the border with a neighboring country.(*)

 

[pr1v4t33r]

Indonesia's tourism brand wins best destination marketing title this year

Indonesia tourism industry's brand, Wonderful Indonesia, had received a prestigious award namely Best Destination Marketing Award 2016 on Monday from an influential traveling media outlet Travel Weekly Asia, a statement released by the Tourism Ministry said on Monday.

The award was conveyed in "Honorarium for the Best in Travel Industry" event held by the media in Singapore earlier in the day.

Wonderful Indonesia brand got the award for a tremendous positive response given by Travel Weekly Asia readers, the statement said.

"This is a gladdening achievement. Wonderful Indonesia gets more and more appreciations. They praised on how we organize the marketing of tour destinations," Deputy Assistant for Marketing Development in Southeast Asia region at the ministry Risky Handayani Mustafa who received the award said in the event as quoted by the statement.

http://news.xinhuanet.com/english/2016-10/17/c_135761200.htm

 

[skyhigh88]

Tourism marketing: Indonesia gets it right
TRAVEL / 18 October 2016, 08:42am
Hanifah Abu

Jakarta - Indonesia tourism industry's brand, Wonderful Indonesia, had received a prestigious award namely Best Destination Marketing Award 2016 from influential travelling media outlet Travel Weekly Asia.

The award was conveyed in “Honorarium for the Best in Travel Industry” event held by the media in Singapore.

(Credit: www.indonesia.travel/land)

Wonderful Indonesia brand got the award for a tremendous positive response given by Travel Weekly Asia readers, the statement said. “This is a gladdening achievement. Wonderful Indonesia gets more and more appreciations. They praised on how we organise the marketing of tour destinations,” Deputy Assistant for Marketing Development in Southeast Asia region at the ministry Risky Handayani Mustafa who received the award said in the event as quoted by the statement.

Intensive promotion on Wonderful Indonesia brand that represents Indonesia's tour industry has been conducted by the ministry since last year.

World Economic Forum (WEF) has ranked Wonderful Indonesia brand to 47 from 144 countries in its Travel and Tourism Competitiveness Index this year.

The leap to that level was extraordinary as the brand was initially categorised in NA (Not Available) position, the statement said. With ambitious target to welcome 20 million visitors by 2019, or 100 percent from 10 million ones the nation has received in 2015, Indonesia takes serious orchestrated works to address the target.

Government has reformed regulations aimed at luring more visitors to come to the archipelago nation, including the revocation of cabotage for cruises that eventually enables tourists from cruise ships to visit tour destinations across the country through several authorised seaports.

Besides, the government also has shortened the Clearance Approval for Indonesian Territory (CAIT) procedure for foreign yachts planning to sail in Indonesian waters for vacation from the previous 3 weeks to 3 hours only.

To expand tour destination, Indonesia is now in the process in developing 10 new tour destinations, highly expected to par with leisure island of Bali that has been favoured by foreign tourists.

All of those efforts were coupled with the ministry's moves to develop tour attractions in tour destinations as well as accommodations for the tourists. Besides taking part in designing flight access to the destinations, the ministry also takes initiatives to consolidate state-run hotels to provide Indonesian style hospitality accommodations for the tourists.

The ministry also launched the 100,000 homestay program for the tourists, constituting people living around tour destinations, expected to give direct positive impacts for their economy.

To grab more tour package sales in several destinations across the country, the ministry held frequent Travel Mart Expo. The recently-held event in Magelang, Central Java from Oct. 14 to 16 has attracted buyers from Malaysia, Singapore, India, Japan, South Korea and Myanmar that accounted for 80 percent of total the total sales.

Indonesia expects tourism can be the nation's major earner sector amid the downturn in its large earner sectors of oil and gas, coal and palm oil.

http://www.iol.co.za/travel/tourism-marketing-indonesia-gets-it-right-2080901

 

[pr1v4t33r]

>>> Gaya banget nih Indonesia, belajar dari Jepang kayaknya

Indonesia will export 600 units, used (more than 20 years) train carriages to Myanmar

Myanmar akan menggunakan kereta api dari Indonesia untuk operasional transportasi. PT KAI juga diminta untuk menjadi operator di Myanmar.

Direktur logistik dan pengembangan PT KAI, Budi Noviantoro mengatakan bahwa PT KAI diminta untuk membantu mengembangkan perkeretaapian di Myanmar. PT KAI diminta sebagai operator dan membantu mengirimkan kereta api yang masih layak untuk bisa dioperasionalkan di Myanmar.

"Kami punya banyak kereta api yang umurnya sudah di atas 20 tahun. Itu akan kita rekondisi dan kita kirim ke sana (Myanmar),"kata Budi Noviantoro, pada acara 'ASEAN Railways CEOs' Conference (ARCEO) ke 38 di hotel Royal Ambarrukmo Yogyakarta, Selasa (18/10/2016).‬

PT KAI telah mengirim tim teknis untuk mengecek kondisi di Myanmar. Ada 600 gerbong yang akan di rekondisi untuk kemudian dikirim ke Myanmar.

http://finance.detik.com/berita-eko...ng-kereta-bekas-untuk-dioperasikan-di-myanmar

 

[patu]

Mantap.

 

[Boss Dragun]

Trade Expo Indonesia buying mission generates deals worth US$186.69 million

http://www.antaranews.com/en/news/1...mission-generates-deals-worth-us18669-million

Jakarta (ANTARA News) - Now into its second day, the Trade Expo Indonesia event has generated a total of US$186.69 million worth of transactions in the form of trade contracts.

"Transactions worth US$178.7 million were signed on the first day while US$7.99 million worth of deals were signed on the second day," informed the Trade Ministrys Head of National Export Development Arlinda in Jakarta, on Thursday.

On the second day of the Expo, the buying mission contract signing was dominated by importers of food and beverage products from Australia.

The signings were witnessed by Suprapto Martosetomo, Indonesias Ambassador to South Africa as well as the Kingdom of Lesotho, the Kingdom of Swaziland and the Republic of Botswana. The deals were signed by six importers from three countries, including Nigeria, Australia and South Africa, and eight local export businesses.

In the pharmaceutical sector, Nigerias Jeijosh Pharma signed a deal with PT. Phapros, while Sony Trading Pty. Ltd signed a deal with PT. Mayora Indah.

In the food and beverage products sector, PT. Pondan Pangan Makmur and PT. Sarimunik Mandiri signed a deal with Eastern Cross Trading Pty. Ltd and CV. Intrafood, while Hean Corporation and PT. Dua Kelinci signed a partnership in the same sector.

Grein Australia Pty Ltd and PT. Sayap Mas Utama signed a deal for food and beverage products as well as consumer goods.

Lastly, Wemco Investment & Trading Ltd and PT. KMI Wire and cable Tbk. signed a contract for wire products.

A total of 37 trade contract signings were carried out between 30 importers from 16 countries and 34 local exporter companies based on the buying mission on the Expos second day.

Essential oils and coconut milk were among the most sought after products and generated the most transactions, along with skilled workforce contracts from the services field.

Other commodities that were also coveted by foreign importers included coffee, tea, cement, furniture, wires, food and beverage products, seafood, anti-fatigue mats, floor mats, cutting boards and modular tiles.

Arlinda believes that this event has broadened Indonesias export opportunities in a number of markets, especially non-traditional ones.

"We continue to work so that the Indonesian trade representatives contribute more overseas, while at the same time encouraging business makers to enhance the quality of their products because export opportunities are now very vast," Arlinda remarked.

The Trade Ministry aims for the goods trade transactions to reach US$800 million by the end of this Trade Expo, excluding the investment opportunities and services related transactions.

It is hoped that overall, the total transactions signed can reach US$1 billion, exceeding the previous year's figure of US$909 million of deals.



Papua, West Papua will see twofold increase in electricity capacity by 2019

http://www.thejakartapost.com/news/...increase-in-electricity-capacity-by-2019.html

The construction of six electricity projects worth Rp 988 billion (US$75.64 million) in Papua and West Papua will lead the country’s easternmost provinces to enjoy a twofold increase in their electricity capacity by 2019, a top official has said.

State electricity firm PLN president director Sofyan Basri said Papua and West Papua had a total power capacity of 294 Megawatts (MW) with a peak load of 242 MW, an average peak load growth of 8 percent per year, and customer numbers reaching 521,000.

“With the completion of these projects, the electricity capacity in Papua and West Papua will increase twofold by 2019 and PLN is ready to make the 2020 National Games [PON] in Papua successful,” he said after the inauguration ceremony of the six electricity projects by President Joko “Jokowi” Widodo on Monday.

First Lady Iriana Joko Widodo, Papua Governor Lukas Enembe and State Enterprises Minister Rini M.Soemarno attended the event held at PLN’s electrical relay station in Kampung Nendali, Sentani, Jayapura, Papua.

Apart from the six projects, Sofyan said, PLN still had some targets it must achieve to expand people’s access to electricity.

They include expanding the company’s electricity coverage of 14 regency capitals with PLN electricity access across Papua and West Papua by 2017, providing electricity for all district capitals in the two provinces by 2019, increasing electricity operational hours in villages to 24 hours a day by 2019 and providing electricity access for people in the outermost islands and border areas also by 2019.



Pertamina Adjusts Fuel Prices in Papua

http://en.tempo.co/read/news/2016/10/18/056813193/Pertamina-Adjusts-Fuel-Prices-in-Papua

TEMPO.CO, Jakarta - Dwi Soetjipto, CEO of state-owned oil and gas company Pertamina, said that the company will adjust the prices of fuel in all regions of Papua and West Papua. The adjustment will be made based on President Joko Widodo's instruction. The President expected that the price of fuel in Papua will be the same as in Western Indonesian regions.

Dwi said that new fuel price will be similar to prices in Java and will apply for all types of fuel. Dwi added that President Jokowi will make the official announcement during his work visit in Papua, Tuesday, October 18, 2016.

Dwi explained that adjusting fuel prices in Papua will not affect the company’s financial balance because Pertamina, according to Dwi, has been successful carrying out its company efficiency program within the last two years. Dwi explained that the efficiency program has allowed the company to book more profits, which in turn will be used to subsidize fuel prices in Papua.

"The profit [Pertamina made] is for our distant brothers, who purchased fuel with a high price all this time," Dwi said.