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PLN Gradually Recovers Electricity Supply (0)
State-owned electricity firm PT PLN has recovered electric power to Balaraja Extra High Voltage substation in Banten Province, and furthermore it will be channeled to Suralaya steam-fueled power plant (PLTU) to gradually recover its operation to reach its capacity of 2800 MW of electricity.
In addition, power supply from Gandul Extra High Voltage substations in Depok, West Java Province, will be channeled to Muara Karang gas and steam power plant (PLTGU) to supply electricity to the Indonesian capital city, Jakarta.
Acting President Director of PLN Sripeni Inten Cahyani said here on Sunday that the power supply to Jakarta was expected to recover within three hours.
"We apologize for the inconvenience today, and currently all efforts have been made to recover the Java-Bali power system, especially in the area of West Java, Banten, and Jakarta," Cahyani said.
The company has focused on power supply to PLTGU Muara Karang and PLTGU Priok to recover the system in the capital city.
Previously, PLN has recovered the operation of hydro-generated power plant (PLTA) Saguling and PLTA Cirata which are functioned as power stabilizer, and, at the same time, supply the electricity to PLTU Suralaya through Cibinong, Depok, Gandul, Lengkok, Balaraja and Suralaya extra high voltage substations.
PLTU Suralaya is expected to return to its normal operation within six hours to normalize power system in West Java and Banten.
Blackout that affected thousands of homes and public facilities in West Java, Jakarta, and Banten was caused by several troubles in the extra high voltage 500 kV transmission of Ungaran - Pemalang.
"PLN has taken its best efforts and will have evaluation to prevent recurrence of today's incident," Cahyani said.
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September
Indonesia-Netherlands partnership enhances East Kalimantan's potential
Written by Nur Yasmin
Deputy Minister of Trade Jerry Sambuaga believes that the partnership between Indonesia and the Netherlands can increase East Kalimantan's potential in Indonesia's global value chain.
"The Indonesian government considers that the Netherlands has a strategic value as one of the entrances for Indonesian products to the European market, especially for superior products from East Kalimantan, such as crude palm oil (Crude Palm Oil) and its derivatives, as well as wood products," Deputy Minister of Commerce Jerry Sambuaga stated here on Thursday.
Sambuaga made this statement while giving a speech at a dialogue forum titled "Strengthening the Global Value Chains of East Kalimantan Industry in the Economic Partnership between Indonesia and the Netherlands."
The Dialogue Forum was held as an agenda for the working visit of the Parliamentary Cooperation Agency of the Regional Representatives Council of the Republic of Indonesia (BKSP DPD RI) in Balikpapan.
"Hence, this trade relationship needs to be further improved, given that the Netherlands is a member of the European Union. We hope that the Netherlands can become a gateway and bridge for Indonesia's trade with other European Union countries," Sambuaga remarked.
He said that East Kalimantan occupies the eighth-largest ranking as Indonesia's non-oil and gas exporter to the Netherlands. The value of East Kalimantan's non-oil and gas exports to the Netherlands during the January-July 2022 period had reached US$135.8 million, up 68.5 percent from the previous year.
Sambuaga also lauded the BKSP DPD RI for holding the dialogue. The Ministry of Trade is optimistic that the forum would encourage East Kalimantan's efforts to become an important part of Indonesia's global value chain.
"To optimize the trade partnership between Indonesia and the Netherlands, the government needs cooperation and support from all stakeholders, including the support of the DPD and stakeholders in the East Kalimantan region," he stated.
Deputy Minister of Trade Sambuaga remarked that one of the agendas put forth by Indonesia at the G20 2022 presidency is global value chains. The agenda discussed efforts to encourage economic growth through participation in increasing the competitiveness of micro, small, and medium enterprises (MSMEs) and the industrial sector in Indonesia in the global value chain network. In addition, the agenda discussed the importance of developing a sustainable global value chain.
The G20 is also a strategic forum for Indonesia to voice its national priority agenda and the interests of developing countries. Hence, there needs to be a common understanding between G20 member countries in creating a global value chain that provides benefits and increases the participation of all stakeholders, especially in the context of national and global economic recovery.
The forum in Balikpapan was attended by Deputy Governor of East Kalimantan Hadi Mulyadi, Chairman of BKSP DPD RI Sylviana Murni, Deputy Chairperson of DPD RI Mahyudin, and Head of the Economic Department of the Dutch Embassy Jakarta Natasja van der Geest.
Meanwhile, based on data from the Trade Ministry, the Netherlands is the 12th destination for Indonesia's non-oil and gas exports. In terms of imports, the Netherlands is the 26th country of origin for Indonesia's non-oil and gas imports. With regard to the trade performance with the Netherlands, Indonesia recorded a surplus during the 2017-2021 period. In 2021, the trade surplus had reached US$3.78 billion, the highest in the last five years. During the January-July 2022 period, the trade surplus was also higher on an annual basis and had reached US$2.9 billion.
The main products of Indonesia's non-oil and gas exports to the Netherlands include chemical products, CPO and its derivatives, organic chemicals, dregs and leftovers from the food industry, as well as footwear. Indonesia's non-oil and gas imports from the Netherlands include mechanical machinery/aircraft, pulp, plastic and their derivatives, electrical machinery/equipment, as well as dairy and butter products. (Antaranews)
September
Indonesia, US committed to enhancing cooperation through IPEF
Written by Nur Yasmin
Indonesia and the United States are encouraging the promotion of economic, trade and investment cooperation between the two countries through the Indo-Pacific Economic Framework (IPEF).
"As a follow up to the agreement reached at the IPEF Ministerial Meeting in Los Angeles some time ago, the Indonesian government expresses its preparedness and affirms its commitment to follow all IPEF pillars," Coordinating Minister for Economic Affairs Airlangga Hartarto said here, on Thursday.
He made his remarks following a bilateral meeting with US Trade Representative, Ambassador Katherine Tai, representing the US government in the Trade, Investment and Industry Ministers Meeting, held as part of a series of meetings during Indonesia's G20 Presidency.
The IPEF cooperation framework can be a correct response to the current global condition and dynamic, which necessitates all countries to emphasise closer cooperation in creating balance, prosperity and just development, particularly in the Indo-Pacific region, he said.
Ambassador Tai positively welcomed the statement, while expressing gratitude and much appreciation for the serious and transparent involvement of the Indonesian government in encouraging concrete results of cooperation within the IPEF framework.
Through the cooperation framework, she expressed the hope that all countries in the Indo-Pacific region could grow together and become stronger. Looking ahead, IPEF will place emphasis on broad-based and tough economic connectivity and integrity in the Indo-Pacific region.
At the meeting, both sides also looked into the possibility of cooperation in the industrial sector, particularly the semiconductor industry, and discussed developments in the settlement of trade disputes between the two countries in the World Trade Organization (WTO) (DS 478).
The meeting also discussed the significance of the two countries in encouraging bilateral cooperation schemes and reaching an agreement allowing Indonesia to constantly receive the generalized system of preferences (GSP) from the US.
Trade between Indonesia and the US reached US$37.04 billion in 2021, compared to US$27.20 billion one year earlier.
In the year ended on July 31, 2022, the trade value reached US$23.95 billion, up 21.94 percent compared to the same period in 2020 when it was recorded at US$19.64 billion.
At the meeting, Hartarto further highlighted the significance of US support for the G20 Summit scheduled in Bali in November, 2022, in order to achieve consensus in the Leaders' Declaration.
Ambassador Tai said the G20 consensus is very important, although the G20 Summit will be held during the difficult time due to the impact of the global geopolitical dynamics.
Both Hartarto and Tai agreed that the G20 will focus more on funding solutions to the global economic and financial problems, rather than prioritizing geopolitical issues. (Antaranews)
September
President Joko Widodo (Jokowi) is scheduled to pay a working visit to South Sulawesi in the last week of September 2022.
While in South Sulawesi, the head of state will visit Makassar City, Sidenreng Rappang District, and Tana Toraja District, Secretary of the south Sulawesi Provincial Government Abdul Hayat Gani stated here on Thursday.
Jokowi will visit several markets in Makassar, review poultry husbandry in Sidenreng Rappang, and inspect a hydropower plant in Tana Toraja, he remarked.
Gani said his office will soon hold a meeting with several parties to follow up on the chief of the presidential staff regarding the president's planned visit to the province.
"I will hold a meeting tomorrow to follow up on (the directives of) the chief of presidential staff, so that we will be more professional in arranging Mr. president's visit," he remarked. (antaranews)
September
Indonesia, Australia renew economic cooperation
Written by Nur Yasmin
The governments of Indonesia and Australia have signed a memorandum of understanding (MoU) to strengthen economic cooperation between the two countries.
This agreement is the renewal of the MoU that will facilitate the exchange of knowledge and perspectives in supporting the economies of the two countries.
"This modality of cooperation and friendship is a good thing and can be imitated by many countries in fostering bilateral relations," Finance Minister Sri Mulyani Indrawati said in a statement received in Jakarta on Wednesday.
Indonesia and Australia have a strong friendly relationship, including in the economic aspect, considering that Australia is the 15th largest investor in Indonesia, she added.
This is also evident from the fact that Australia is the 14th largest export destination and the 7th largest import origin country in the world for Indonesia.
So far, Australia has built a strategic cooperative relationship with Indonesia, including through the Indonesia-Australia Partnership Program for the Economy (Prospera).
The two countries have cooperated in several areas—the economy, international economy, revenue policies, including taxation, structural reforms, capital markets, and the financial sector.
The cooperation has involved bilateral visits, conferences, workshops, internship programs, joint research, information exchange, and joint annual meeting activities.
The close relationship between the two countries has also been reflected in Australia's support for Indonesia’s G20 Presidency, and the MoU is expected to help increase cooperation at the G20 Finance Ministers meeting in Washington DC.
Australia has committed to continuing to support Indonesia ahead of the summit on the three priority agendas of the presidency, namely pandemic preparedness, the digital economy, and the energy transition.
In addition to signing the updated MoU, the ministries of finance of Indonesia and Australia have also conducted a two-way Economic Policy Dialogue (EPD).
The dialogue has been carried out to strengthen the domestic economy of each country and region, in line with increasing global economic risks.
During the dialogue, the two countries focused on issues related to the macroeconomy, the financial sector, pension funds, transfers to regions, and sustainable energy transition.
Through the EPD, Indonesia and Australia hope to gain mutual benefits from the exchange of views so that the priority areas can be improved for both countries. (Antaranews)
September
Indonesia, Spain discuss trade cooperation on sidelines of G20 TIIMM
Written by Nur Yasmin
Indonesian Trade Minister Zulkifli Hasan discussed cooperation opportunities with his Spanish counterpart, María Reyes Maroto Illera, on the sidelines of the 2022 G20 Trade, Investment, and Industry Ministerial Meeting (TIIMM).
"There are great (cooperation) potentials that can be explored to increase trade and investment between the two countries, among others, in the fisheries and tourism sectors," the Indonesian minister stated here on Wednesday evening.
The TIIMM is organized under the Sherpa Track as a follow up to the works of the G20 Trade, Investment, and Industry Working Group that addresses trade and investment issues as well as encourages G20 countries to bolster global trade and investments.
The TIIMM is taking place in Bali on September 21-23, 2022.
The two ministers agreed on the importance of increasing interactions between business actors of the two countries to optimize the collaboration potentials.
Hence, Hasan has invited Spanish business players to partake in the largest business-to-business trade exhibition in Indonesia -- the 37th Trade Expo Indonesia (TEI) -- which will be held on October 19-23, 2022.
The two ministers also supported that negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Union (EU) be concluded as soon as possible.
The agreement is expected to facilitate mutually beneficial economic cooperation between Spain -- as a member of the EU -- and Indonesia.
Furthermore, Hasan and Maroto spoke about the important role of the G20 in finding solutions to address current global challenges. The results of the 2022 G20 TIIMM are expected to help expedite recovery of the global economy.
During the period from January to July 2022, the total trade between Indonesia and Spain reached US$1.6 billion, an increase of 6.71 percent year-on-year (yoy).
Meanwhile, the total trade between Indonesia and Spain in 2021 was valued at US$3 billion, up 53.83 percent as compared to the figure in 2020.
Indonesia's export value to Spain in 2021 amounted to US$2.3 billion, an increase of 55.07 percent yoy, while the value of imports was US$684.1 million, up 49.75 percent. Hence, Indonesia recorded a trade surplus of US$1.7 billion.
Indonesia's main export commodities to Spain were palm oil, copper ore and concentrates, monocarboxylic fatty acids, steel, as well as animal and vegetable fats.
Meanwhile, Indonesia's main import commodities from Spain were human and animal vaccines, medicines, food coloring, recycled paper or cardboard, as well as perfumes and fragrance. (antaranews)
September
Indonesia is ready to participate in the 2022 ASEAN Deaf Games multi-sport event that will take place in Kuala Lumpur, Malaysia, on November 20-27, 2022.
"God willing, in November 2022, we will participate in the 1st ASEAN Deaf Games in Kuala Lumpur, Malaysia," Chairperson of the Indonesian Sports Association for the Deaf (Porturin) Harpalis Alwi told ANTARA here on Wednesday.
The games were supposed to be held in 2019 in Bangkok, Thailand. However, in November 2018, the ASEAN Deaf Sports Federation (ADSF) decided to cancel the tournament since the host was unable to fulfil the obligations and minimum requirements regarding the administration and management of the event.
The 1st ASEAN Deaf Games is planned to contest four sports: athletics, bowling, badminton, and futsal.
The chairperson of Porturin said that his side had prepared both its male and female athletes to take part in all competed sports, except bowling.
Porturin is the parent organization of the sports for deaf athletes in Indonesia.
The association is a member of the International Committee of Sports for the Deaf (ICSD) under the auspices of the International Olympic Committee (IOC).
Thus, Porturin athletes are different from athletes, who are members of the National Paralympic Committee (NPC) of Indonesia, since the NPC follows the International Paralympic Committee’s (IPC’s) athlete classification rules that divides athletes into physical (muscles and limbs), vision, and intellectual impaired athletes.
Recently, Porturin had facilitated Indonesian deaf badminton athletes to compete in the Asia Pacific Deaf Badminton Championships that took place in Pattaya, Chonburi, Thailand, on September 14-21, 2022.
Indonesia bagged two gold medals in the tournament.
Ilyas Rachman Ryandhani secured the first gold medal for the contingent in the men's singles event after defeating his compatriot, Edi Susanto.
Meanwhile, the second gold medal of the contingent was won by Ryandhani and Susanto in the men's doubles event. (Antaranews)
September
RI welcomes UN step to ensure food supplies from Ukraine, Russia
Written by Nur Yasmin
The Republic of Indonesia (RI) has warmly welcomed the UN-brokered Black Sea Initiative to ensure the shipment of food and fertilizer supplies from Ukraine and Russia.
At a meeting with the chief of UN Humanitarian Aid, Martin Griffiths, in New York on Monday (September 19, 2022), Indonesian Foreign Minister Retno Marsudi underscored the significance of implementing the initiative, particularly to assist developing countries in securing food and fertilizer supplies for their people.
The shipment of food and fertilizer supplies from Ukraine and Russia has been disrupted due to the war between the two countries.
Griffiths briefed Marsudi on the latest development in the export of Russian wheat, the Indonesian Foreign Ministry said in a written statement released on Tuesday.
Griffiths and Marsudi have routinely held communication ever since the impact of the Russia-Ukraine war on food supplies has been felt. They had also held intensive communication ahead of President Joko Widodo's visit to Kyiv and Moscow late in June 2022.
Besides the implementation of the Black Sea Initiative, they also discussed humanitarian aid to Myanmar. They agreed that the necessary humanitarian aid reached all people in need in Myanmar without discrimination.
They also underscored the importance of synergy in sending humanitarian aid from ASEAN and the UN to Myanmar. Indonesia has been chosen as the chair of ASEAN in 2023.
At the meeting, they also discussed the humanitarian situation in Afghanistan, which has shown no signs of improvement. Griffiths warmly welcomed Indonesia's role in promoting communication with the Afghan ulemas and encouraging the advancement of Afghan women's right to education. (Antaranews)
September
Gov't plans Rp95-trillion food security fund in 2023
Written by Nur Yasmin
The Indonesian Finance Ministry is planning to disburse Rp95 trillion in budget funds to support national food security in 2023.
"In the field of food security, we will set aside Rp95 trillion to encourage food access and quality," director general of budget at the Finance Ministry, Isa Rachmatawarta, informed at a working meeting with the Budget Committee of the House of Representatives (DPR) here on Tuesday.
The budget allocation for food security in 2023 will be 0.9 percent higher compared to this year's allocation of Rp94.1 trillion. In 2020, the food security fund fell to Rp73.6 trillion from Rp100.2 trillion a year earlier.
The 2023 food security fund amounting to Rp95 trillion will comprise Rp72.9 trillion for the central government's spending on the food security budget and Rp22.1 trillion for fund transfers to regions (TKD).
According to Rachmatawarta, the 2023 food security budget will mainly be used to increase the productivity of strategic food commodities and encourage the creation of competitive human resources in the agricultural and fisheries sectors.
In addition, it will be used to promote the utilization of technology and data, the development of an innovation climate, the improvement of the national logistics system, and the transformation of the sustainable food system.
The budget fund will also be used to accelerate the construction of irrigation systems and dams.
He said the food security fund will be allocated to several ministries, including the Agriculture Ministry, the Maritime and Fisheries Ministry, the Public Works and Public Housing Ministry, and the National Development Planning Ministry/National Development Planning Agency (Bappenas).
The projects that will receive the food security fund include rice farming on 279.56 thousand hectares of land, corn farming on 40 thousand hectares of land, and soybean farming on 350 thousand hectares of land.
The fund will also be used for the procurement of 9,275 units of environmentally friendly fishing equipment and 300 units of chest freezers, the completion of 23 dams, the construction of 7 new dams, the construction of irrigation networks for 6,900 hectares of rice fields, and the rehabilitation of irrigation networks for 96,700 hectares of rice fields. (antaranews)
September
Govt striving for equitable infrastructure distribution: minister
Written by Nur Yasmin
The government is continuing to strive for the equitable distribution of infrastructure development in remote areas of Indonesia, Minister of Communication and Information, Johnny G. Plate, has said. "The government of President Joko Widodo's Cabinet is continuing to strive for the equitable distribution of infrastructure development in remote areas of Indonesia, as well as encouraging development acceleration in various villages to support community economic activities throughout the archipelago," he informed here on Tuesday.
In a world that is experiencing tremendous pressure, Indonesia has been deemed capable of maintaining resilience with the help of its policies.
The nation’s economic stability has also been well maintained, as seen by the positive growth of 5.44 percent in the national GDP (gross domestic product) in the second quarter of 2022 compared to the previous quarter.
Indonesia's monthly inflation rate is still rising, with the country recording a 0.64-percent month-to-month increasein July 2022. Meanwhile, its inflation rate was recorded at 4.94 percent year-on-year the same month. However, this position is considered relatively moderate, especially when considering the development of inflation in several other countries.
In addition, Indonesia’s core inflation in July was also maintained at a level of 2.86 percent year-on-year as a result of the government's consistent policy for maintaining inflation expectations.
According to Plate, President Widodo's administration, in its seven years of leadership, has succeeded in building 1,540 km of toll roads, and 29 airports, and undertaken 9 construction projects that are targeted for completion in 2023 as well as 12 dams and 27 dams targeted for completion in 2024.
This development has been achieved amid the emergence of the COVID-19 pandemic and strategic geopolitical changes in eastern Europe.
In addition, he said, so far, 227 thousand km of village roads have been built, which have been supported by the construction of 1.3 million meters of bridges throughout Indonesia.
To support community economic activities, the government has also continued to build adequate infrastructure in the form of 4,500 reservoirs, 71,000 irrigation canals, 62,500 retaining grounds, and 6,100 boat moorings.
"The government has also built 10,300 village market units and 57,200 BUMDes units to support people's economic activities," Plate informed.
To improve services and the quality of life of the people, the Advanced Indonesia Cabinet is continuing to accelerate the construction of public service facilities across Indonesia.
The government has built 38,600 integrated health services posts (Posyandu), 12 thousand village delivery facilities (Polindes), 22,700 sports facilities, and 56,200 early childhood education (PAUD) units.
Further, the government has built 339 thousand MCK (bathing, washing, and toilet) units, 38 million meters of drainage networks, and 59,200 wells to provide 1.2 million kiloliters of clean water for the livelihood of Indonesians across the archipelago.
Plate said the Advanced Indonesia Cabinet led by President Widodo will continue with the infrastructure development initiated by the previous government.
In the ten years of President Susilo Bambang Yudhoyono's administration, 189.2 km of toll roads, 24 airports, as well as 14 dams and other infrastructure developments were successfully carried out.
The ongoing infrastructure development will be carried out in an accelerated manner while maintaining a balance of social protection for vulnerable communities through various programs and incentives from the State Budget.
Minister Plate said this momentum is a reminder and encouragement for the community to participate in national development.
"Let us together continue to strive for nation-building through collaboration and synergy and continue to carry out the great work of state development for the realization of an advanced Indonesia that is sovereign, independent, and has a personality based on mutual cooperation," he added. (antaranews)
September
Minister reports to President regarding investment progress
Written by Nur Yasmin
Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia reported to President Joko Widodo (Jokowi) regarding the development of the ease of investment in Indonesia.
He said that the ranking obtained from an assessment by the United Nations Conference on Trade and Development (UNCTAD) regarding regulatory reforms to facilitate investment showed that Indonesia was only one point apart from Singapore.
"So our score is 18, Singapore is 19. We are only one point short," Lahadalia said after meeting President Jokowi at the Presidential Palace here, Monday.
The minister explained that there were at least five indicators assessed by UNCTAD, namely permit transparency, speed synchronization, service, Online Single Submission (OSS), and efficiency in licensing management and certainty.
"This assessment ranking showed that we are getting better and faster," he added.
According to him, the ranking of the ease in investment that was taken through improving licensing, facilities, and incentives for investors will bring an impact on investment realization.
However, he noted that President Jokowi emphasized that investment should not only dwell on the realized amount, but also the quality of the investment itself.
"This year, President Jokowi targeted us to bring an investment value of Rp1,200 trillion. Next year, the target increases to Rp1,400. The target is not only in number, but the spread of investment between Java Island and outside Java Island. Investment should also be able to open more job opportunities," Lahadalia said.
Besides building investment based on high technology, the head of state also asked Lahadalia to ensure a labor-intensive workforce, since the country needed many job opportunities, especially after the pandemic hit.
Lahadalia also said that he had reported to the President regarding the results of his assignment, having just returned from attending the 25th Session of the ASEAN Investment Zone Council (AIA Council) in Cambodia, on September 14.
The forum mentioned Indonesia as a country with the second largest foreign direct investment (FDI), after Singapore. (Antaranews)