Home News President Jokowi, Singapore’s Deputy Prime Minister Discuss Economic Cooperation

President Jokowi, Singapore’s Deputy Prime Minister Discuss Economic Cooperation

VOI NEWS 12.08.2017, 11.00 LOCAL TIME, GMT+7

Indonesian President Joko Widodo (Jokowi) and Singapore’s Deputy Prime Minister Teo Chee Hean, during a meeting at the Merdeka Palace, Jakarta Friday, discussed efforts to strengthen bilateral economic cooperation between both nations. Deputy Foreign Affairs Minister A. M. Fachir stated after accompanying the president to the meeting stated currently, 41 Singaporean companies are in the process of applying for permits to start businesses in Semarang, Central Java, which can employ some four thousand workers. So far, he noted, 30 Singaporean companies have been operating in Semarang and have employed some 1,700 workers. Presdient Jokowi and Hean also explored business cooperation in the digital economic sector, which will be further discussed during the next annual ASEAN Summit to be held in Singapore. Fachir remarked President Jokowi pointed out that the Kendal Industrial Park is a model of cooperation to be replicated in other regions. The Kendal Industrial Park is an integrated industrial zone located in Central Java and built by Singaporean investors. President Jokowi and Prime Minister Lee Hsien Long of Singapore officiated the opening of the Kendal Industrial Park in Central Java Province on November 14, 2016. According to Fachir, Hean mentioned Batam, Bintan, and Karimun, all on Sumatra Island, as the next target for Singapore’s investment,////ANTARA


Qatar Keen to Import 10 Types of Indonesian Goods

President of the Indonesia-Qatar Business Council Hendra Hartono stated that Qatar has submitted a request to import 10 types of goods from Indonesia in the near future. He said that the request was submitted through the Indonesian Embassy in Qatar. He revealed that the 10 types of additional goods are not part of the main products we usually export. They are stationery, paper, furniture, chicken, briquettes, packaged food, fresh fish, garment products, sewing machines, and medicines. Hartono said 10 types of additional goods have huge potential to be imported from Indonesia. He expressed hope that the exports of the requested products would be realized soon, as other countries are also eyeing similar opportunities. Chairman of the Permanent Committee on the Middle East and the Organization of Islamic Cooperation of the Indonesian Chamber of Commerce and Trade Fachry Thaib said the potential to export to Qatar is still huge. Despite the crisis, Thaib views it as a business opportunity to boost exports. (ROL)


Indonesian to Explore Business Opportunity in Qatar

Indonesia-Qatar Business Council President Hendra Hartono has said he would make a business trip to Qatar next November in his bid to explore trade and investment opportunity in the oil-rich country. He remarked that they will a business trip to Qatar in early November for a business matching that will be divided into five clusters of business. Hendra explained that the five clusters of business are food and drink; non food and beverages including garment and electronics industries; construction and building materials; Services; as well as investment projects. For the investment projects, he said the some provincial government officials will also be invited to join the trip so that they can deliver projects that require outside investment. He said the business trip will be conducted in conjunction with the celebration of Indonesian Independence Day in Qatar. Hendra noted that although Qatar is a small country, the standard of business there is very high and in par with that in the United States. (ROL)


Ministry of Marine and Fisheries Optimistic on Timely Ship Assistance Distribution

Directorate General of Capture Fisheries, Ministry of Marine Affairs and Fisheries, will again build 1000 units of fishing vessels as assistance from the government for fishermen with total budget reached 510.6 billion rupiah. The ship consists of various sizes of gross tonnage. It was stated by Director General of Capture Fisheries, Sjarief Widjaja in a press statement in Jakarta, Friday (11/8). Sjarif is optimistic that the distribution of vessel assistance will be received by fishermen on time before 31 December 2017.

"Last June, July, we have completed all of our auctions. Our contract is finished, so the progress has started, even we can see the result.  This is the progress, I guess. The Director General of Capture Fisheries this year is really remarkable, because it completed 700 ships in 2016, plus this year a thousand ships. So we are able to complete 1,700 ships this year. We tried to complete it last year, and now in 2017 we are finishing as well," he said.

Sjarif Widjaja admitted the procurement mechanism of fishing boats by e-catalog last year slowed the production. Therefore, Sjarif said this year the procurement of vessels will be conducted through e-catalog combined with public auction so that it will be realized quickly. The aid ships will be distributed to 265 cooperatives spread across 130 districts and 29 provinces.////(kbrn/edit r)


Government Names Flores as Geothermal Island

The Central Government has officially called the island of Flores in East Nusa Tenggara a Geothermal Island for its potential geothermal reserves. Head of the Mining and Energy Office of East Nusa Tenggara Boni Marasina told on Friday that the new name was contained in a decision of the Energy and Mineral Resources (ESDM) Minister No. 2268 this year determining the island of Flores as Geothermal Island. He said that there was also a road map on Flores as a Geothermal island, adding the road map was prepared by ARUP, an international consultant from Britain in cooperation with the World Wide Fund (WWF). The road map was a result of cooperation on strategic study on geothermal signed on 19 Aug. 2015 between the Indonesian and British governments. Boni said geothermal reserves are found in 16 locations on the Flores Island. He explained that  Flores also has potential sea wave energy that could be developed in the strait of Gonzalu between Larantuka and the Adonara island in the regency of East Flores. He added that the decision to call Flores with a new name Geothermal island would have a follow up step to develop the geothermal reserves to produce power to contribute to the program of electrification of the region. (ROL)


Heads of Agreement Signed for the Development of 600MW PLTGU Power Plant in the Bantaeng Industrial Park, South Sulawesi

PT. Energi Nusantara Merah Putih (ENMP) jointly with the industrial tenants of the Bantaeng Industrial Park (KIBA) have signed a Heads of Agreement (HoA) outlining the development plan for a 600MW combined-cycle power plant (PLTGU). The partnership is fully supported by the Government of Bantaeng Regency, South Sulawesi. Philippines-based, Atlantic, Gulf and Pacific Company of Manila (AG&P), that owns and operates LNG infrastructure and solutions, will also participate in the landmark project.  The President Director of the company, P, Westana H. Wiraatmadja said that the integration of this project will allow Bantaeng Industrial Park supporting industries to accomplish the construction of the LNG receiving terminal immediately. This is a crucial part of the 600MW power plant itself, which will start operations by mid-2021. Currently, the project is in the engineering phase and is expected to reach financial closing within one year, followed immediately by the construction of the LNG terminal and power plant. By encouraging the development of industrial-based areas like the Bantaeng Industrial Park (KIBA), Bantaeng will become one of the largest nickel processing centers in the world and will contribute significantly to the economy of Indonesia and South Sulawesi, and particularly the regency itself. (Antara)


Dancing Water Fountain to Dance Again on Saturday night

The dancing water fountain at the National Monument (Monas) will enliven the city once again on Saturday night after ceasing operations around a decade ago. Monas management head Sabdo Kurnianto told on Friday that Jakarta Governor Djarot Saiful Hidayat would attend the inauguration at 7 p.m. at the Monas compound in Gambir, Central Jakarta. The renovation of the fountain, which was once so popular that it inspired a song composition by dangdut musician Rhoma Irama, was initiated by former governor Basuki “Ahok” Tjahaja Purnama. Ahok disbursed around Rp 200 million (US$15,000) of his own money to repair the broken water fountain. The total funds needed for the repair work was around Rp 400 million (US$29944). Other concerned individuals, including Djarot himself, also set aside their money for the fountain’s renovation. Well-known Indonesian composer Addie MS also contributed to the project to enliven the National Monument (Monas) by composing songs to accompany the dancing waters. By repairing the dancing fountain, Monas management head Sabdo was optimistic that the number of visitors to Monas would double or even triple. The average number of visitors currently stands at around 3,000 to 4,000 daily, on weekdays. During weekends, the figure can reach up to 12,000 people. (JP)


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