The Indonesian government, at the Ministerial Meeting on Nuclear Disarmament and Non-proliferation Treaty, impelled nations to strengthen their political commitment towards nuclear disarmament.
The appeal was made by the Indonesian delegation participating in the meeting held in Stockholm, Sweden, on Tuesday (June 11), according to a written statement issued by the Indonesian Embassy in Stockholm and received in Jakarta on Wednesday.
Participants from 15 nations, including those at the ministerial level from Finland, Germany, Japan, Norway, New Zealand, and Jordan attended the meeting that was presided over by Swedish Foreign Minister Margot Wallström. Indonesian Ambassador to Sweden Bagas Hapsoro headed the Indonesian delegation at the meeting.
At the meeting, Ambassador Hapsoro reiterated the significance of boosting the multilateralism approach, reasserting political commitment to the nuclear disarmament agenda, and stepping forward in future by reverting to past agreements and setting sights on "low hanging fruits" to become the building blocks for implementing thorough nuclear disarmament.
The Indonesian delegation at the meeting underlined Indonesia's active role and contribution in creating world order, particularly with a strong track record at several multilateral discussions on nuclear disarmament architecture, including the Southeast Asia Nuclear Weapon Free Zones (SEANWFZ), Comprehensive Nuclear Test Ban Treaty ( CTBT), and the Treaty on the Prohibition of Nuclear Weapons (TPNW).
On the occasion, the Indonesian delegation also drew focus on the concept applied by Indonesia's Foreign Minister Retno Marsudi on the Indonesian Foreign Policy that helped implement the gender equality approach, including in the efforts towards nuclear disarmament, and focusing on human rights from a woman's perspective for realizing a safer, fairer, and more prosperous world. (ant)
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June
Indonesia Presses for Fortifying Commitment to Nuclear Disarmament
Written by Published in Indonesia Today
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June
NTT to Prioritize Development of 7 New Destinations
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East Nusa Tenggara (NTT) Province will direct efforts to develop seven new tourist destinations in a bid to drive its tourism industry in 2019.
The NTT chapter of the Indonesian Travel Agent Association (Asita) has voiced its support to the provincial administration's plan.
"The policy related to the development of the seven destinations is correct. We, as business players, support it, as the government is undoubtedly responsible for the management of tourist destinations," Abed Frans, the Asita NTT chairman, remarked in Kupang, on Wednesday.
The new tourist destinations will be Fatumnasi located in South Timor Tengah District, Lamalera in Lembata, Mulut Seribu waters in Rote Ndao District, Pantai Liman located on Semau Isle, Kupang District, Koanara Village in Ende District, Wolwal in Alor District, and Praimadita located in East Sumba District.
The new tourist attractions will be developed through involvement of the local villages to boost the province's rural economy.
He is optimistic that the new destinations would be able to attract domestic and foreign tourists.
Among the current top priority tourist destinations in NTT are Labuan Bajo and the Komodo Dragon National Park, which are located in West Manggarai District, Flores Island.
In the meantime, the Indonesian Tourism Ministry has outlined a target to draw some 20 million foreign tourists in 2019.
During the January-April 2019 period, the country had received a total of 5.12 million foreign tourists, a 3.22 percent increase than 4.96 percent during the corresponding time frame in the previous year.
Of the total foreign tourists recorded in April 2019, Malaysia contributed 256,303 visitors; China, 171,575; Singapore, 149,979; Timor Leste, 106,245; and Australia, 101,999 tourists. (ant)
June
Dutch Investors to Visit West Sumatra's Renewable Energy Potential
Written by Ani Hasanah Published in Indonesia Today
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Several Dutch investors are to visit West Sumatra in August 2019 to obtain first hand information about the province's renewable energy potentials.
"The Dutch investors plan to come and observe the existing potentials in August," Chief of the West Sumatra Investment and Integrated One-Stop Service Office Maswar Dedi said in Padang, West Sumatra, on Wednesday (June 12).
The renewable energy potentials that attract Dutch investors include energy from waste treatment units at several landfills in the province, he said.
The Dutch expressed interest in investing in renewable energy projects when the West Sumatra delegation took part in the Tong-Tong Festival held in the Netherlands in May this year, he said.
"We took a chance to promote the province's potentials during a business meeting in the Netherlands and received positive responses," he said.
The waste treatment projects to produce renewable energy also benefits the province, since the waste will be managed properly. In fact, the waste management can create jobs, he said.
To date, almost all districts and municipalities in West Sumatra have their own landfills. In addition, there are also two regional landfills to accommodate garbage. However, none of them has had the equipment to produce renewable energy, he said.
Chief of the West Sumatra Environment Office Siti Aisyah earlier said several investors had expressed much interest in processing waste into energy. However, none of them had put in place their investment plans because the daily volume of garbage was not enough to be converted into energy. (ANTARA)
June
Finance Minister Believes Trade War Will Not Erode Indonesia Credit Growth
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Finance Minister Sri Mulyani Indrawati believes that the intensifying trade war between the United States (US) and China will not have a significant impact on the growth of bank credit in Indonesia, which is a guideline reflecting the expansion of the business world.
"The credit is still very positive, so far. Especially for investment loans and working capital, as stated by Pak Wimboh, Chairman of the Board of Commissioners of the Financial Services Authority, just before Lebaran (post-fasting festivities)," said Sri Mulyani at the working meeting of the House of Representatives' Budgetary Agency in here on Tuesday.
The former Managing Director of the World Bank said the growth of bank credit was assisting in the recovery and growth seen in the middle of this year, after weakening in recent years.
The minister also said she hoped the momentum in growth will continue throughout 2019.
This condition will be realized if the momentum of domestic economic growth is maintained, and is able to counteract the impact of the economic slowdown due to a trade war between two economic giants, the US and China.
"Of course, overall economic growth must be maintained so that the optimism of business people will remain positive so that they will be able to increase their business volume," she said,
As for April 2019, according to the Financial Services Authority (FSA), credit growth still grew at 11.05 percent on an annual basis (yoy).
In the growth of credit, investment credit grew by 14.34 percent (yoy), working capital loans 10.48 percent (yoy), and consumption loans grew 9.06 percent (yoy). The swift credit distribution was driven by the mining sector, which grew to 37.6 percent.
In addition, the construction sector grew 27.55 percent (yoy), while the agriculture and processing sectors grew 10.65 percent and 8.7 percent (yoy), respectively.
The bank credit risk, as of April 2019, is at a low level. This is reflected in the ratio of bad loans or non-performing loans (NPLs) to gross banks of 2.57 percent and net NPLs of 1.15 percent.
Meanwhile, the Capital Adequacy Ratio (CAR) was 23.78 percent, and the loan-to-deposit ratio (LDR) decreased to 93 percent from 94 percent. (ant)