23
March

Bank Indonesia decided to maintain its 7-Day Reverse Repo Rate" at 4.25 percent on Thursday ( 22 March ) in anticipation of the impact of The US Federal Reserve`s interest hike and potential domestic inflation. The central bank also maintained the Deposit Facility rate at 3.5 percent and Lending Facility rate at 5.0 percent, the bank`s spokesman Agusman said at a press conference after BI`s board of governors meeting. BI will still maintain its neutral monetary police this month, he said.

"There are several external economic risks such as global financial market uncertainty, tendency of inward oriented trade policy implementation and domestic inflation hike," Agusman said.

Specifically BI closely monitored the possibility of the Fed`s interest hike to be higher than it was predicted before from the baseline which has been three times this year. The Fed on Wednesday increased its interest rate for the first time this year by 25 basis points from 1.5 to 1.75 percent.

"It is possible the Fed`s interest will increase four times this year. But we predict the baseline will still be three times this year," the bank`s director of the department of monetary and economic policy, Yoga Affandi, said.

Other external risk, which is inward oriented policy, may cause trade war that will eventually reduce the trade volume and global economic growth. As for the domestic situation he said BI has seen potential inflation hike in administered prices due to adjustment of non-subsidize oil prices and non-PLN (state power company) tariff. Agusman said the country`s economic growth in the first quarter this year will be better than in the same period last year boosted by increasing government investment and consumption, stable private consumption and positive export performance.

Investment especially will increase in the construction sector in line with completion efforts in infrastructure projects and in primary sectors marked by increasing external demand, he said. Private consumption will grow stable supported by people`s maintained buying power and increasing spending in connection with the implementation of regional elections.

The government`s consumption will increase due to acceleration in the distribution of social aid and village funds. In external terms exports are predicted to grow positively due to increasing world economic growth.

"Imports are also projected to increase to especially meet investment needs and exports of high imported content products. Due to the development Indonesia`s economy in 2018 is expected to grow 5.1 to 5.5 percent," Agusman said. ( antara ) 

22
March

The rampant illegal logging spread in various regions in Indonesia has made the Ministry of Environment and Forestry work hard to combat the crime. According to Indonesian Minister of Enviroment and Forestry, Siti Nurbaya Bakar in a special interview with Voice of Indonesia in Jakarta on Tuesday (20/3), her ministry has repeatedly dealt with illegal loggers and dragged them to court to account for their violation.

We work also very hard on this illegal logging, within three years we have been having more than 144 times operation to combat this illegal loggers. And there has been cases are prepared for bringing them up to the court, more about 174 documented and prepared to the court and about more than 60 cases are being in the preparation,” Siti Nurbaya said.

Minister Siti Nurbaya Bakar added that in addition to illegal logging cases, the narrowing of forest areas in Indonesia is also caused by several other factors, such as the massive population increase in various regions. Therefore, it will continue to make various efforts, including developing special institutions related to forest ecosystems such as Forest Management Unit. Based on record of the Ministry of Environment and Forestry, at least 1.1 million hectares or 2% of Indonesia's forests shrinking every year. The Data also mentioned that from 130 million hectares of Indonesia's remaining forests, 42 million hectares of which has been cleared or damaged. Forest destruction which increasingly severe cause disruption of forest ecosystems and surrounding environments. (VOI/Trs.Rezha/NT)

22
March

Indonesian Ministry of Environment and Forestry is committed to continuously creating a green and healthy eco-friendly city. To achieve the program, Indonesian Ministry of Environment and Forestry will continue to strengthen cooperation with various parties and specifically to supervise the city forest area. This was conveyed by Minister of Environment and Forestry Siti Nurbaya Bakar in a special interview with Voice of Indonesia in Jakarta on Tuesday (20/3).

“The Ministry of Environment and Forestry will strengthen collaboration with city planners, real estate, and people to make our cities greener and healthier. We actually has also ministerial decree issuance in 29, kind of guidelines for forest city management and providing supervision for city government on their preparation for city forest. So, we work on that aspect now,” Siti Nurbaya said.

Minister Siti Nurbaya Bakar moreover stated that the commitment to realize environmentally friendly city is in line with the 1945 Constitution related to the implementation of Human Rights. Due to the right of people to live in a healthy and green environment is part of human rights. Related to the linkage between forests and cities, Minister Siti Nurbaya Bakar explained that the city is heavily dependent on forests because it supplies vital needs for people in cities such as water, fresh air, and other necessities// Trs.Rezha/Edt.N

23
March

LIPI Cooperates with Japanese Scientists

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The Indonesian Institute of Sciences -LIPI through Bogor Botanical Gardens Conservation Center, and Kyoto University in Japan jointly collaborate with the Science and Technology Research Partnership for Sustainable Development -SATREPS supported by Japan International Corporation Agency -JICA and Japan Science and Technology -JST for the period 2016 to 2021. The research program entitled "Producing Biomass Energy and Material Through Revegetation of Imperata Fields" aims at developing technology capability of restoring Imperata fields for productive land and to produce and utilize biomass for energy production and renewable materials.

LIPI Deputy Chairman of Life Science, Dr. Enny Sudarmonowati in a press conference at Bogor Botanical Gardens Plantation Center, West Java on Wednesday (21/03) said that in addition to the cooperation programs with Japanese scientists, LIPI also obtains laboratory equipment for research. She also explained that LIPI doesn’t wants to rely only on government funds. Thus, LIPI decided to conduct international cooperation.

“This is what we want for LIPI. In addition to cooperation programs with leading Japanese scientists, LIPI also obtains equipment and laboratory tools. So, we do not just rely on government’s funds. The government’s funds are now getting less and less. So, we establish international cooperation,” Dr. Enny Sudarmonowati said.

Enny Sudarmonowati added that the tools officially accepted by the Indonesian Institute of Sciences are the latest version of existing tools. This research tool can be used not only by LIPI, but also by Indonesian people according to the existing borrowing procedures to be agreed between LIPI and the borrower. (Egi/Trans)

The Indonesian Institute of Sciences -LIPI through Bogor Botanical Gardens Conservation Center, and Kyoto University in Japan jointly collaborate with the Science and Technology Research Partnership for Sustainable Development -SATREPS supported by Japan International Corporation Agency -JICA and Japan Science and Technology -JST for the period 2016 to 2021. The research program entitled "Producing Biomass Energy and Material Through Revegetation of Imperata Fields" aims at developing technology capability of restoring Imperata fields for productive land and to produce and utilize biomass for energy production and renewable materials.

LIPI Deputy Chairman of Life Science, Dr. Enny Sudarmonowati in a press conference at Bogor Botanical Gardens Plantation Center, West Java on Wednesday (21/03) said that in addition to the cooperation programs with Japanese scientists, LIPI also obtains laboratory equipment for research. She also explained that LIPI doesn’t wants to rely only on government funds. Thus, LIPI decided to conduct international cooperation.

“This is what we want for LIPI. In addition to cooperation programs with leading Japanese scientists, LIPI also obtains equipment and laboratory tools. So, we do not just rely on government’s funds. The government’s funds are now getting less and less. So, we establish international cooperation,” Dr. Enny Sudarmonowati said.

Enny Sudarmonowati added that the tools officially accepted by the Indonesian Institute of Sciences are the latest version of existing tools. This research tool can be used not only by LIPI, but also by Indonesian people according to the existing borrowing procedures to be agreed between LIPI and the borrower. (Egi/Trans)