Latest Indonesia News
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Growing HIVAIDS awareness in Indonesia’s Papua region
HIV education slower to reach these students JAKARTA, 18 June 2013 (IRIN) - Efforts to raise awareness of HIV/AIDS in the Indonesian provinces of Papua, which has among the country’s highest rates of infection, and West Papua are making steady though slow progress, say aid workers and government officials. "People there believed that HIV/AIDS was a curse from God, but that’s ...
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Minister of State for Foreign Affairs Receives Indonesian Ambassador
Manama, June 18. (BNA) -- Minister of State for Foreign Affairs Ghanim bin Fadhul Al-Buainain received here today the Indonesian Ambassador to Bahrain Chilman Arisman. The Minister of State reviewed with the Indonesian envoy the solid bilateral ties between the two friendly countries and people, lauding their advanced level in all fields. Issues of mutual concern were also discussed. ...
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Singapore and Indonesia clash over regional haze
Smog from forest fires in Indonesia stayed at unhealthy levels in Singapore on Tuesday as the two neighbours blamed each other for the seasonal ...
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Indonesia fuel prices up by 44
Police fired tear gas and water cannons at thousands outside parliament before the vote The vote was delayed for hours as political parties debated the fuel price increase The subsidies are hefty; cutting them will ease concerns about financial sector, analysts say The increased prices will not affect the public transport ...
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Indonesia Haze Affecting Singapore Forest Fires Being Blamed
Indonesia is being asked by Singapore to get control of its forest fires after the pollutant index in the air rose to a staggering 155 on Monday, the highest it’s been since 2006. Officials asked employers to provide masks to anyone spending time outside during work, and children and the elderly were advised not to spend too much time outdoors. The scent of burning wood and a smoky haze ...
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Military court invites public to observe Cebongan trial
The II-11 Yogyakarta Military Court has opened the trial of the Army's Special Forces (Kopassus) for the murder of four detainees at a prison in Sleman, Yogyakarta to the public."Please come to observe the trial," the military court's head of administration, Capt. Aulisa Dandel, told The Jakarta Post on Tuesday, adding that all sessions would be open to the public.She ...
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Thailand admits losing $4.4bn from controversial rice scheme
BANGKOK -- Thailand's government has acknowledged losing more than $4.46 billion in a much-criticized scheme to support rice prices that ended up dislodging the country from its top spot as the grain's exporter. Prime Minister's Office Minister Warathep Rattanakorn said Tuesday the government's sales of the rice failed to cover the sum it paid to farmers under the 2011-2012 ...
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Indonesia Succesfully Tackles Extreme Hunger
Indonesia, June 18, 2013 - (ACN Newswire) - The UN's Food and Agriculure Organization (FAO) has successfully completed the first round of the Millenium Development Goals (MDGs) by lowering the world's extreme hunger level from 19,9% (1990-1992) to 8,6% between 2010-2012, which exceeds the MDG's initial target of 9,9%. The MDG's #1 objective is to eradicate extreme hunger by ...
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Indonesia Allocates $302 Million to Back Geothermal Exploration
Indonesia started a fund to finance the exploration of geothermal energy resources as the nation seeks to reduce its dependence on fossil fuels for electricity. The finance ministry's ...
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Ex-Aust diplomat in custody in Indonesia
AUTHORITIES in Indonesia have refused to release an Australian businessman and former diplomat despite a court ruling that his detention is ...
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Timur apologizes injuries to journalists
National Police chief Gen. Timur Pradopo apologized on Tuesday for the shooting of two journalists covering the fuel protests. He also promised to investigate the incidents thoroughly."I apologize for the incident. Investigations are underway to see on why there could be victims during the demonstrations," said Timur at the People's Consultative Assembly/ House of Representatives ...
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IFC OJK ink corporate governance road map
The International Finance Corporation (IFC), a member of the World Bank Group, and the Financial Services Authority (OJK) signed an agreement to improve corporate governance standards in Indonesia.Under the agreement, signed on Tuesday, the IFC will advise and support the OJK to develop a corporate governance road map to identify gaps and challenges in Indonesia's regulatory framework. It ...
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Top Aussies beaten in Bali surf
Australians Joel Parkinson and Taj Burrow along with Kelly Slater all suffered first-round losses at the Oakley Pro Bali surfing event on Tuesday.Hawaii's Frederick Patacchia upset Parkinson with some powerful backhand attacks in three-to-five feet waves at the primary venue of Keramas."It's a tough wave to surf, Keramas, and I think a lot of us are trying to figure it out," ...
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Australian Patrick Alexander held in Indonesia on embezzlement allegations despite ruling his detention is illegal
Indonesia An Australian businessman and former senior diplomat is being held in Indonesia after a business deal turned sour, despite a court ruling that his ongoing detention is illegal.Patrick Alexander, a private equity investor and former second secretary at the Australian Embassy in Jakarta, is tonight under police guard at a Jakarta prosecutor's office.Mr Alexander - who has been ...
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Fitch No Rating Impact on Pertamina from Indonesias Fuel Price Rises
Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...
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RPT-Fitch No rating impact on Pertamina from Indonesias fuel price rises
Tue Jun 18, 2013 5:50am EDT (Repeat for additional subscribers) June 18 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings said that the proposed fuel price increases in Indonesia will not impact PT Pertamina (Persero)'s (Pertamina; BBB-/Stable) public service obligation (PSO) or its linkages with the state, which drive its ratings. Also, the proposed price ...
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Indonesia plans to announce oil price hike this week official
The Indonesian government plans to announce oil prices hike this week after the parliament gave an approval on the state budget revision on Monday, a minister said here on Tuesday, allowing the country to allocate more funds for infrastructure.After their vote, the lawmakers finally agreed to reduce the amount of fuel subsidy and amount of compensation to counter the impact of the hike, Energy ...
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Indonesia sells 2.65 trln rph from debt auction far below target
JAKARTA, June 18 | Tue Jun 18, 2013 4:29am EDT JAKARTA, June 18 (Reuters) - Indonesia's finance ministry raised 2.65 trillion rupiah at a debt auction on Tuesday, below an indicative target of 8 trillion rupiah, the debt office said. It sold 400 billion rupiah in one-year T-bills, 700 billion rupiah in 10-year bonds and 1.55 trillion rupiah in 20-year bonds. Total incoming bids were ...
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BLSM won’t influence political choices VP
Vice President Boediono said he was sure that the temporary direct cash assistance (BLSM) would not be able to influence the political choices of people who benefited from the assistance."So, if there are people who still worry about the assistance, they may need to think again about that Rp 150,000 (US$15.2) monthly cash aid for four months; it actually means nothing for our ...
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Indonesia may decide this week on Freeport mine resumption - minister
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Trans7 asks police to account for violence against journalist
Trans7 coordinator of regional news coverage, Pasaoran Simanjuntak, said the Jambi Police should thoroughly investigate the violence against its video journalist, Antonius Nugroho Kusumawan, who was seriously injured when he was covering the fuel protests in front of the Jambi Legislative Council (DPRD) office, on Monday.The police should also account for losses in the incident, he ...
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Public transportation tariff expected to increase only by 10-20 percent
The Transportation Ministry's director general for land transportation Soeroyo Alimoeso said the tariff increase of public transportation should be set only between 10 to 20 percent if the government-proposed subsidized-fuel price hike took effect."Definitely, the fuel price hike may lead to a rise in public transportation tariff; but, the tariff is expected to increase only by 10 to ...
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Legislators want govt to increase minimum wage
House of Representatives legislators urged the government to revise the minimum labor wage after the plan on raising subsidized-fuel price had been approved.Golkar Party's Poemida Hidayatullah said as quoted by tribunnews.com that the government had to start formulating incentive schemes for businesses so that they would not bear higher production costs if the minimum wage were to be ...
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Indonesias Petral concludes Q3 gasoil jet fuel term contracts
SINGAPORE, June 18 (Reuters) - Indonesia's Petral, the trading arm of state-owned Pertamina, has concluded negotiations to buy gasoil and jet fuel for the third quarter of the year, industry sources said on Tuesday. The company finalised its third-quarter term contract to buy 0.35 percent sulphur gasoil at premiums of between 80 cents and $1.15 a barrel over the Pertamina pricing ...
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Indonesia Guangxi to expand co-op in exclusive economic zone
coo peration in building exclusive economic zones in both countries, an Indonesian minister said on Monday. The plan was unveiled at a meeting between Peng Qinghua, secretary of Guangxi Zhuang autonomous region CPC Committee, and Indonesian President Susilo Bambang Yudhoyono at the State of Palace. During the meeting, both sides agreed to set up another economic zone for cooperation in the ...
Indonesia Feature
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Indonesia and Singapore: model of inter-dependence?
Indonesia is a regional power in South East Asia, but lacks the development and economic wealth of smaller nations, such as the tiny state of Singapore. Hence, it makes sense for the two countries to cooperate closely with one another as Indonesia has natural resources Singapore needs and Singapore has the financial strength Indonesia needs.
Indonesia is the sleeping giant of South East Asia. With a population of 288 million, a land mass the size of Mexico and territorial waters that could fill half of China, it’s an immense country and a regional power within the geopolitical organization known as ASEAN (the Association of South East Asian Nations). Indonesia takes up almost half the area occupied by the ASEAN countries and accounts for one third of its GDP. Read more
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