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Indonesia Economy Forum

old news, but still worth it to share here.
Atkins to create TOD masterplans for Indonesia’s first HSR corridor

Atkins has been awarded the design contract to provide transit oriented development (TOD) masterplan along the new Jakarta-Bandung high speed rail corridor, Indonesia's first high speed rail project. Upon completion in 2019, the route will stretch 142.3 km and stimulate economic growth along the corridor whilst reducing traffic congestion in the region. TOD masterplanning brings together the three key fundamental components: smart planning, land value capture and development/station integration.

Appointed by Kereta Cepat Indonesia China (KCIC), a joint venture between PT. Pilar Sinergi BUMN Indonesia and CHINA RAILWAY International Co. Ltd., Atkins’ scope of work will cover masterplanning, transit orientated development (TOD), architecture and urban design, landscape design and station integration for Halim and Manggarai areas.

Bertil de Kleynen, Atkins’ head of architecture in Asia Pacific said: “These TOD projects will support Jakarta’s national vision for sustainable development hubs around key transport links and incorporate positive social, cultural, economic, and community benefits for residents and visitors to the region. The project involves complex design challenges and we will address each development as a fresh challenge and provide design solutions tailored for the individual locations.”

Atkins has a long history of creating transit oriented developments, which are mixed-use residential and commercial areas designed to maximise land values and return on investment through optimising access to public transport and incorporating features to encourage the development of integrated environments for live, work and play.[/]


source : atkinsglobal

atkins for birmingham train station
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atkins dubai metro
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Indonesia Asks Japan to Build Smelters in Sulawesi
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TEMPO.CO, Jakarta - Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan has requested that Japan build smelters in Indonesia. "I asked the Japanese to build a smelter in Sulawesi. They are going to send a team to consider Morowali, Central Sulawesi, to become their model," he said at a press conference on Friday.

According to Luhut, in the Morowali region there is a smelter with a very large capacity that was built by China. The smelter processes nickel ore, which is used to produce high value added products, such as stainless steel.

Therefore, Luhut, who is a former coordinating minister for politics, has challenged Japan in order not to be out-performed by China. "Yesterday, Japan asked (to be allowed to export nickel and bauxite) but I told them 'if others can do that (build smelters) why can't you?'. I told them that they could build whatever type of smelter they want," he said.

In his working visit to Japan on December 20-21, Luhut said he met with Prime Minister Shinzo Abe and discussed the Indonesian government's plan to end the export of mineral ores.

According to Luhut, the ban on exports of mineral ores was enacted for the welfare of the Indonesian people, through the building of a national processing industry capacity. "I explained to Abe that it was done for the welfare of the people of Indonesia," he said.

Government Regulation (PP) No. 1 of 2014 on the Implementation of Mineral and Coal Mining Activities stipulates the obligation of the downstream mining sector, where raw mineral exports will be banned starting in January 2017.

Luhut previously emphasized that the government will not change its plan to end the export of nickel ore and bauxite beginning in 2017. The government will ban the export so that Indonesia's large reserves of nickel and bauxite can be fully utilized in the country through downstream development activities.

By processing minerals domestically, Indonesia will gain added value in the form of direct exports of raw minerals. In addition, Indonesia will not need to rely on other countries to import stainless steel products.

ANTARA

http://en.tempo.co/read/news/2016/12/25/056830440/Indonesia-Asks-Japan-to-Build-Smelters-in-Sulawesi

China's November coal imports from Indonesia surge
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Chinese imports of coal from Indonesia surged 160 percent in November from a year earlier, in line with rising shipments to meet a domestic shortfall, but imports from Australia dipped 10 percent. Imports from Indonesia jumped to 5.15 million tonnes, still slightly below the 5.6 million tonnes shipped in from Australia, customs data showed.

Imports from Indonesia are up nearly 37 percent so far this year, while shipments from Australia are down 2.1 percent. Coal imports by utilities and steel mills have jumped sharply after China moved to tackle a glut and cut dependence on fossil fuels to help combat pollution. Beijing has since taken steps to help domestic producers ramp up supply, but monthly output in November was still below last year's level.

Imports of North Korean anthracite jumped 37.5 percent in November from a year earlier to 1.91 million tonnes, the figures showed. China's Commerce Ministry said earlier this month it will put a temporary ban on imports of North Korean coal. Imports from Mongolia, a major exporter of coking coal used in steelmaking, rose 186 percent on a year earlier to 3.36 million tonnes. The figure was also well above October's 2.31 million tonnes. Coal imports from Russia were also up strongly in November on a year earlier, jumping 84 percent to 1.7 million tonnes, while year-to-date imports were up 14 percent.
http://www.antaranews.com/en/news/108579/2016-indonesia-oil-production-exceeds-target

Carbon Sales Could Generate $16b in Foreign Exchange: BRG
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Jakarta. The Peatland Restoration Agency, or BRG, has estimated Indonesia’s peatland could generate a revenue of $16 billion (Rp 214 trillion) from carbon trading that should help the country to preserve its delicate biosphere and plug the deficit in its external balance.

“The carbon price in the Californian market is around 10 to 15 dollars per ton,” BRG head Nazir Foead told state news agency Antaranews.com on Saturday (24/12). “In Sweden the price for carbon per ton reaches up to $168, so the potential foreign exchange for peat lands could reach up to Rp 214 trillion.”

According to Nazir, this potential should be optimized so that Indonesia can achieve multiple outcomes. First, Indonesia can reach carbon emission reduction target of 29 percent in 2030, and secondly, exploit carbon sales for foreign exchange to a number of foreign countries.

This way, Nazir said, Indonesia could be the world’s center for peatland restoration and climate change mitigation.

“People could then come to Indonesia not just to learn [how to restore peat], but also for consultation,” Nazir said. “We can export knowledge, human resources and carbon out of the country, as a form of peat land restoration in the country.”

He said selling carbon to foreign countries is a step in accordance with the Paris Agreement, which was signed in 2015 by United Nations State Members to reduce carbon emissions.
http://jakartaglobe.id/business/carbon-sales-generate-16b-foreign-exchange-brg/

2016 Indonesia oil production exceeds target
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Jakarta (ANTARA News) - Indonesias oil and gas production this year exceeded the target set in the 2016 revised state budget (APBNP 2016) at 820,000 barrels of oil per day (bpd) and 6,438 million standard cubic feet of oil per day (MMSCFD).

The Upstream Oil and Gas Regulator (SKK Migas) recorded that Indonesias oil production, as of November 2016, reached 822,000 bpd, while its gas production during the same period stood at 6,643 MMSCFD.

Further, state-owned oil and gas company PT Pertamina set a 2017 net profit target of US$3.04 billion, or Rp40.95 trillion, up six percent from US$2.88 billion in 2016.

Pertaminas net profit growth next year will be supported by a planned income of US$42.59 billion, up 15.01 percent from an estimated US$37.03 billion in 2016.

According to SKK Migas Public Relations Head Taslim Z Yunus, the oil and oil production target in 2016 could be exceeded, thanks to full operations since January 2016 of Cepu Blocks Train B in the Banyu Urip oil field along the border areas of Central and East Java, which has produced 185,000 bpd since January this year.
http://www.antaranews.com/en/news/108579/2016-indonesia-oil-production-exceeds-target
 
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Today marks 12 years of one of the worst natural disaster in recent history and Aceh was the region suffered the most. These pictures aren't recent but enough to remind us how they've managed to rebuild themselves and keep on living
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President Jokowi wants Jakarta to become world sharia financial center
Sabtu, 24 Desember 2016 02:51 WIB - 0 Views

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President Joko Widodo (Jokowi). (ANTARA)

Jakarta (ANTARA News) - President Joko Widodo (Jokowi) has said Jakarta should aim to become the global sharia financial center as Indonesia has the worlds largest Muslim population.

"Ive ever conveyed (it) to chairman of the Financial Services Authority (OJK) that it is natural if we make Jakarta as the world sharia financial center," Jokowi said, at a gathering of stakeholders related to the eight-year issuance of state sharia-based bonds at the state palace here on Friday.

According to Jokowi, he had heard that an effort to make Jakarta as the world sharia financial center was being discussed by the OJK.

"We have the potential and power, why we do not use (that), not only sharia financial services such as banks, insurance companies, I think many other things that can be developed, including sharia travel, and halal restaurants," the president pointed out.

The president stated that Indonesia should focus on its great market potential.

"It will trigger economic growth in our country and eliminate issues that often appear such as rumors of 10 million to 20 million Chinese laborers coming into Indonesia, while actually it was only 21,000 of them," he explained.

On state sharia-based bonds for the national state budget, the president said that the essence of the budget is that it will be used for the welfare of the people, meaning to eradicate poverty, reduce unemployment, and social inequality.

"Therefore, the government uses various ways to strengthen the state budget such as strengthening the tax base for instance through the tax amnesty, state sharia securities (SBSN) or the state bonds," he disclosed.

The president also declared that Indonesia should be proud that it is the issuer of the largest state bonds in US dollars.

Up to November 2016, the issuance of SBSN in the international market reached US$10.15 billion with outstanding US$9.5 billion.

"This means that we have huge potential and it plays an important role in the development and improvement of the welfare of the Indonesian people," he cited.

The president further said that Indonesia has a variety of sharia-based bonds (Sukuk), so there are many alternatives to invest.

Jokowi also pointed out that in 2015 and 2016 as much as Rp20.8 trillion of Sukuk has been used to construct railway lines, including bridges that are beneficial for the people.

"Then (the sukuk) is also to construct facilities of higher learning institutes and rehabilitate various buildings including those for preparation of Hajj Pilgrimage rituals" Jokowi added.

(Reported by Agus Salim/Uu.B003/INE/KR-BSR)
Editor: Priyambodo RH

COPYRIGHT © ANTARA 2016

http://m.antaranews.com/en/news/108...karta-to-become-world-sharia-financial-center
 
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Regarding the approximate price of the semi fast Jakarta-Surabaya train tickets, Luhut estimated that the price will range from Rp500,000 to Rp600,000.

"Ticket prices are Rp500,000 - Rp600,000, but it depends on what we will still see," Luhut said.

the project reeks of failures just looking at those prices alone. going by plane is much cheaper and a lot quicker. looks to me that the japenes are shitting us with such proposal. maybe that is an "intentional" shitty proposal?
 
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the project reeks of failures just looking at those prices alone. going by plane is much cheaper and a lot quicker. looks to me that the japenes are shitting us with such proposal. maybe that is an "intentional" shitty proposal?
those price are an estimate.. which means it might not be that at all... and i don't think just the estimated price of a ticket alone is needed to proof that the project is going to be a failure or not.

don't forget it's a high speed railway.. as in it can also be used for a high speed train that transport other things then people...

BTW you might not notice this, but your post is a type of posts that lead the internet to become somewhat cancerous lately.. making an argument based on very little, twisting the original article to proof your point of view, filled it with negativity, posting it with emotional lines.. etc

please don't misunderstand me... i'm not against freedom of speech, and i'm pretty sure there are others that felt the same way you did.. but believe it or not an emotional or negative rant actually spread faster then a well constructed or positive opinions.. and i do believe we know which should be spread more then the others.
i'm very sure you can express your opinion more constructively.

@papacita: any source on that?
 
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those price are an estimate.. which means it might not be that at all... and i don't think just the estimated price of a ticket alone is needed to proof that the project is going to be a failure or not.

don't forget it's a high speed railway.. as in it can also be used for a high speed train that transport other things then people...

BTW you might not notice this, but your post is a type of posts that lead the internet to become somewhat cancerous lately.. making an argument based on very little, twisting the original article to proof your point of view, filled it with negativity, posting it with emotional lines.. etc

please don't misunderstand me... i'm not against freedom of speech, and i'm pretty sure there are others that felt the same way you did.. but believe it or not an emotional or negative rant actually spread faster then a well constructed or positive opinions.. and i do believe we know which should be spread more then the others.
i'm very sure you can express your opinion more constructively.

@papacita: any source on that?

Well said... Could not agree more...
 
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Indonesian blasphemy saga: Islamic hardliner accused of insulting Christianity
Jewel Topsfield
Amilia Rosa
DECEMBER 27 2016 - 5:11PM

Jakarta: There has been a new twist in the blasphemy saga gripping Indonesia with Islamic hardliner Habib Rizieq reported to police for allegedly insulting Christianity during a sermon on Christmas Day.

The latest drama came as the North Jakarta District Court ruled it would proceed with the blasphemy trial of Jakarta's Christian governor Basuki Tjahaja Purnama, known as Ahok, who is facing a maximum five years' jail for allegedly insulting Islam.

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Muslim protesters raise their fists as the leader of Islamic Defenders Front, Rizieq Shihab, a speech during a protest against Jakarta's ethic Chinese and Christian Governor Basuki Tjahaja Purnama Photo: AP

Rizieq is the founder of the Islamic Defenders Front (FPI), the group that has spearheaded three mass rallies calling for the imprisonment of Ahok for telling voters they had been deceived by his opponents using a Koranic verse.

But the Union of Catholic University Students of the Republic of Indonesia reported Rizieq after viewing a video of a sermon in which he allegedly said: "If Jesus is the son of God, who is the midwife?". They also reported two people who uploaded the video on social media.

While explaining why Muslims should not allow others to wish them a Merry Christmas, Rizieq said it was wrong because it was saying happy birthday to the child of God.

He said a verse in the Koran (sura 112) says: "He (God) neither begets nor is begotten".

"If Jesus is the son of God, then who would be the midwife?" Rizieq says on the video, which went viral on social media. His comments were greeted with much mirth from those attending his sermon in East Java.

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Jakarta Governor Basuki Tjahaja Purnama, popularly known as "Ahok", centre. Photo: AP

Catholic University Students Union leader Angelo Wake Kako said: "We felt insulted and hurt by the hate statement from Habib Rizieq. it mirrored the lack of tolerance towards diversity in Indonesia, which has been nourished by our ancestors and by us."

Jakarta Police spokesman Argo Yuwono said the case would be investigated. "It will be studied to determine whether a crime has taken place," he told Fairfax Media.

"We will have an internal meeting to discuss the case."

University of NSW academic Melissa Crouch, an expert in Indonesia's blasphemy laws, said there were precedents of people being convicted of blaspheming Christianity but usually it was intra-Christian disputes.

In 2009, for example, a the leader of a Christian sect known as Zion City of Allah and his six disciples were jailed for six months for instructing their followers not to take communion and forbidding wedding ceremonies in church.

Leaders of the local Timor Evangelical Church agreed with the provincial leaders, saying the sect was illegal, according to the 2010 international religious freedom annual report to Congress.

"I think it is probably unprecedented for a Catholic group to lodge a complaint against a radical Islamist leader," Dr Crouch told Fairfax Media.

"I think we are in uncharted waters."

Indonesian cleric Ustadz Alfian Tanjung, who was protesting outside Ahok's trial, told Fairfax Media Rizieq had not committed blasphemy.

"It was just a logical question. If God has a child, then logically there must be someone who assisted with the birth. Who was it?"

The founder of the Indonesian Legal Resource Centre, Uli Parulian Sihombing, said blasphemy cases were subjective.

"If you ask a Muslim they might not see it as blasphemy, if you ask a Christian, they might see it as blasphemy. It depend on who sees it. From a legal point of view, there really is no blasphemy. We oppose the existence of the blasphemy law."

Ahok's trial will resume on January 3.


********

Why is Indonesia still allowing Habib Rizieq to cause trouble?
IIRC, the majority of eastern parts of Indo is Christian majority.
People like Habib will cause instability to the country, which is not good.

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Indonesian blasphemy saga: Islamic hardliner accused of insulting Christianity
Jewel Topsfield
Amilia Rosa
DECEMBER 27 2016 - 5:11PM

Jakarta: There has been a new twist in the blasphemy saga gripping Indonesia with Islamic hardliner Habib Rizieq reported to police for allegedly insulting Christianity during a sermon on Christmas Day.

The latest drama came as the North Jakarta District Court ruled it would proceed with the blasphemy trial of Jakarta's Christian governor Basuki Tjahaja Purnama, known as Ahok, who is facing a maximum five years' jail for allegedly insulting Islam.

Muslim protesters raise their fists as the leader of Islamic Defenders Front, Rizieq Shihab, a speech during a protest against Jakarta's ethic Chinese and Christian Governor Basuki Tjahaja Purnama Photo: AP

Rizieq is the founder of the Islamic Defenders Front (FPI), the group that has spearheaded three mass rallies calling for the imprisonment of Ahok for telling voters they had been deceived by his opponents using a Koranic verse.

But the Union of Catholic University Students of the Republic of Indonesia reported Rizieq after viewing a video of a sermon in which he allegedly said: "If Jesus is the son of God, who is the midwife?". They also reported two people who uploaded the video on social media.

While explaining why Muslims should not allow others to wish them a Merry Christmas, Rizieq said it was wrong because it was saying happy birthday to the child of God.

He said a verse in the Koran (sura 112) says: "He (God) neither begets nor is begotten".

"If Jesus is the son of God, then who would be the midwife?" Rizieq says on the video, which went viral on social media. His comments were greeted with much mirth from those attending his sermon in East Java.

View attachment 363561
Jakarta Governor Basuki Tjahaja Purnama, popularly known as "Ahok", centre. Photo: AP

Catholic University Students Union leader Angelo Wake Kako said: "We felt insulted and hurt by the hate statement from Habib Rizieq. it mirrored the lack of tolerance towards diversity in Indonesia, which has been nourished by our ancestors and by us."

Jakarta Police spokesman Argo Yuwono said the case would be investigated. "It will be studied to determine whether a crime has taken place," he told Fairfax Media.

"We will have an internal meeting to discuss the case."

University of NSW academic Melissa Crouch, an expert in Indonesia's blasphemy laws, said there were precedents of people being convicted of blaspheming Christianity but usually it was intra-Christian disputes.

In 2009, for example, a the leader of a Christian sect known as Zion City of Allah and his six disciples were jailed for six months for instructing their followers not to take communion and forbidding wedding ceremonies in church.

Leaders of the local Timor Evangelical Church agreed with the provincial leaders, saying the sect was illegal, according to the 2010 international religious freedom annual report to Congress.

"I think it is probably unprecedented for a Catholic group to lodge a complaint against a radical Islamist leader," Dr Crouch told Fairfax Media.

"I think we are in uncharted waters."

Indonesian cleric Ustadz Alfian Tanjung, who was protesting outside Ahok's trial, told Fairfax Media Rizieq had not committed blasphemy.

"It was just a logical question. If God has a child, then logically there must be someone who assisted with the birth. Who was it?"

The founder of the Indonesian Legal Resource Centre, Uli Parulian Sihombing, said blasphemy cases were subjective.

"If you ask a Muslim they might not see it as blasphemy, if you ask a Christian, they might see it as blasphemy. It depend on who sees it. From a legal point of view, there really is no blasphemy. We oppose the existence of the blasphemy law."

Ahok's trial will resume on January 3.


********

Why is Indonesia still allowing Habib Rizieq to cause trouble?
IIRC, the majority of eastern parts of Indo is Christian majority.
People like Habib will cause instability to the country, which is not good.

.

It goes back to the reformation era in late 90s, the FPI was among many organizations formed shortly after the fall of Soeharto regime. Because of the "free democracy" euphoria at that time, FPI quickly grew in number; it quickly became a rendezvous for hardliner and fundamentalist muslims who were prosecuted during Soeharto era. The more "moderates" ones formed political parties such as PKS. Entering free election era, the former military generals who had lost their political power due to reformation quickly reformed their political strategy; If they were against hardliners during Soeharto era, they began to condone the likes of FPI for the sake of votes and backing of the mass. Of course FPI welcomed it with an open arm, after all t is a win-win situation for FPI as they finally got the backing of former military men with money and influence.

Several attempts have been made to disband this mass organization, but somehow we need to be careful not to give them a cause for a larger trouble, which can be used also by certain political actors to topple down current regime. So far, Indonesian government has been trying to contain their actions only to those that are still (more or less) in line with the constitution and is still trying to find the best way to disband FPI.
 
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Several attempts have been made to disband this mass organization, but somehow we need to be careful not to give them a cause for a larger trouble, which can be used also by certain political actors to topple down current regime. So far, Indonesian government has been trying to contain their actions only to those that are still (more or less) in line with the constitution and is still trying to find the best way to disband FPI.
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Thank you for your reply.

Best wishes to Indonesia in getting rid of this "cancer" asap.
 
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Indonesia, Japan Agree to Continue Cooperation on Port, Rail Projects
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Jakarta. Indonesia and Japan have agreed to continue cooperation on several transportation infrastructure projects in a bid to improve logistics in the archipelago, a minister said.

The two countries agreed to cooperate on the development of Patimban Port in Subang, West Java, and the Jakarta-Surabaya high-speed train, including opportunities to convert railway tracks for use by electric trains and doubling the number of tracks to four from two currently.

"Details related to the parties involved and the collaboration will be discussed later but by representatives from private Japanese and Indonesian companies," Transportation Minister Budi Karya Sumadi said on Thursday (29/12).

He said the Ministry of Transportation, National Development Planning Agency (Bappenas) and Japan International Cooperation Agency (JICA) are preparing feasibility studies, environmental impact analyses and funding alternatives for the projects.

The environmental impact analyses are scheduled for completion in February.

The minister's comment came after his Japanese counterpart, Keiichi Ishii, visited Patimban Port on Wednesday.

Patimban will support the existing Tanjung Priok Port, which currently handles about 65 percent of the nation's international trade. The port development will begin right after the signing of a $1.7 billion funding agreement in May.

Meanwhile, the Jakarta-Surabaya semi-high-speed rail project will also involve a Japanese company in the feasibility study.

"The government welcomes Japan's increased attention to the construction of railway tracks connecting Jakarta and Surabaya, which will be able to carry trains travelling at up to 160 kilometers per hour," Budi said.
http://jakartaglobe.id/business/indonesia-japan-agree-continue-cooperation-port-rail-projects/

Foreign developers put their money on Jakarta property
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They are drawn by relaxed mortgage rules, tax cuts and rising urbanisation

JAKARTA • Foreign property developers, led by state-owned China Communication Constructions Group (CCCG), made the biggest investment in Jakarta's residential property in nearly a decade this year as they bet on relaxed mortgage rules boosting demand.

CCCG's US$1 billion (S$1.4 billion) eight-tower complex is targeting young middle-income Indonesian couples and is one of the largest in the capital.

Japan's Mitsubishi Corporation, Tokyu Land, Hong Kong Land, as well as Malaysian Sime Darby, have also signed deals in Jakarta and surrounding areas, according to data compiled by construction consultant BCI Asia.

The projects are estimated to be worth at least US$2.8 billion, or the highest by foreign developers since at least 2007, and come despite a sluggish Indonesian property market.

"Our target market is young couples, young families," said Mr Ferry Thahir, a general manager at China Harbour Jakarta Real Estate Developer, a unit of CCCG. He noted that Jakarta's gridlocked traffic made proximity to the city centre vital.

CCCG is involved in residential projects in other Asian countries such as Myanmar and Malaysia, but in Indonesia it has up to now focused on infrastructure. It is planning another four residential projects in Jakarta, attracted by rising urbanisation - an estimated 200,000 people move to Indonesia's capital every year - and also moves to support the market.

"Efforts by the authorities, like the easing of mortgage rules and the easing of tax rules on property sales, are starting to move the market," said Mr Thahir.

Indonesia's Investment Coordinating Board data shows foreign direct investment in all property segments rose to US$1.67 billion in the January-September period, up from US$1.48 billion a year ago, while the number of projects backed by foreign investors rose 34 per cent to 842 over the period.

Mitsubishi's joint venture with Bumi Serpong Damai aims to build 1,000 housing and retail units, while Sime Darby's partnership with Indonesian developer Hanson International will invest 11.3 trillion rupiah (S$1.2 billion) to develop a 500ha site.

A global slump in commodity prices hit Indonesia's property market, with the value of property sales down 26 per cent last year and 49 per cent in the first nine months of this year, according to research firm Indonesia Property Watch (IPW).

But Bank Indonesia has cut benchmark interest rates by 150 basis points this year and lowered the minimum down payment for home buyers, its second cut in two years. The government has also halved a tax on home sales.

Mr Ali Tranghanda, executive director at IPW, sees property sales growing by at least 15 per cent next year to post the first annual growth since 2013.

Nonetheless, some domestic developers are more cautious. "We are seeing recovery, but it will be gradual," said Mr Tulus Santoso, a director at Ciputra Development, adding that the market may struggle to absorb newly built homes.

REUTERS
http://www.straitstimes.com/business/foreign-developers-put-their-money-on-jakarta-property
 
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