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Thread for posting news and updates about the Indonesian Economy and related politics
 

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(This article appears in FT and Nikkei)
 

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Indonesia says in early talks with Tesla on potential investment

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JAKARTA (Reuters) - Indonesia's government is in early discussions with electric vehicles maker Tesla Inc <TSLA.O> about a potential investment in the Southeast Asia country, a major producer of nickel, an official said.

Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, making batteries and eventually building EVs.

It has stopped exports of unprocessed nickel ore to support investment in its domestic industries.


Ayodhia Kalake, a senior official at the Coordinating Ministry for Maritime and Investment, said Tesla had reached out to the government informally about a possible venture, but he did not specify what it had in mind.

"It was still an early discussion and was not detailed yet," Ayodhia said in a statement on Monday.

"We need further discussion with Tesla," he said, adding that Indonesia has a number of incentives for investment in EVs.

Tesla did not immediately respond to a Reuters email seeking confirmation.

Indonesia last month said it had secured a deal to build a lithium battery plant in the country with South Korean LG Chem Ltd <051910.KS> and China's Contemporary Amperex Technology Ltd (CATL) <300750.SZ>.

Tesla is looking to ramp up production of trucks and solar projects and its boss Elon Musk earlier this year urged miners to produce more nickel and offered "giant", long-term contracts if mined "efficiently and in an environmentally sensitive way".

While EVs are expected to help reduce global carbon emission, activists are concerned that production of EV parts and increased mining may damage the environment.

An Indonesian nickel smelting project being built by China's Tsingshan Group and partners to produce battery-grade chemicals withdrew a request to dispose of waste in the ocean, a government official said on Friday.



(Reporting by Bernadette Christina Munthe; Writing by Fransiska Nangoy; Editing by Martin Petty)

 

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Garuda paints masks on aircraft to support health campaign
2020_10_02_105208_1601615428._large.jpg


News Desk
The Jakarta Post Jakarta / Fri, October 2, 2020 / 04:01 pm

Garuda Indonesia's 'masked' Airbus A330-900 Neo (twitter.com/IndonesiaGaruda/File) 0 SHARES To support the government’s ‘Ayo pakai masker’ (let’s wear masks) campaign, national flag carrier Garuda Indonesia presented five of its aircraft with ‘masks’ Thursday. “As a national flag carrier, Garuda Indonesia has always committed to supporting the government’s efforts to curb the spread of COVID-19. One way we do that is by encouraging people to wear masks,” Garuda Indonesia president director Irfan Setiaputra said in a written statement on Thursday. The masked livery adorned five Airbus A330-900 Neo aircraft serving domestic routes and international flights to Singapore and Japan. Moreover, Garuda also introduced a livery design competition titled ‘Fly Your Design Through the Sky’ this month. The winning design will be used for other Garuda aircraft. In August, President Joko Widodo demanded intensified efforts to encourage mask-wearing as COVID-19 cases in the country continued to rise. In response some ministries have distributed face masks in public. The Health Ministry distributed 1 million masks from Aug. 25 to 30. Meanwhile, the state-owned Enterprises Ministry distributed 500,000 face masks throughout the country. The efforts to drive home the message on the need to wear masks come amid rising COVID-19 case numbers in the country. Indonesia’s number of daily infections topped the 4,000 mark since September and has shown little sign of abating any time soon. The National COVID-19 task force’s Wiku Adisasmito has blamed ignorance among the public for transmission of the virus as people had failed to abide by health protocols by maintaining a safe distance from others and wearing face masks, among other requirements. An online survey conducted by Statistics Indonesia (BPS) from Sept. 7 to 14 and involving 90,967 respondents across the archipelago shows that 17 percent – still believed it was impossible for them to contract the coronavirus disease. Respondents aged between 17 and 30 tend to be more skeptical of their susceptibility to the virus than those aged over 60. Meanwhile, the Jakarta administration said in August that it had collected Rp 2.47 billion (US$188,120) in fines from violators of social restrictions, including from 62,198 people who were not wearing a mask. “We see that more and more people have started to neglect health protocols as time goes by. They seem to have no empathy for COVID-19 victims,” he said in September. However, the survey also revealed that around 92 percent of the respondents wear face masks in public, while 75.38 percent regularly wash their hands and 73.54 percent maintain a safe physical distance. The rate of public compliance with the mask-wearing requirement had increased by 8 percent since April, BPS head Suhariyanto said, while noting that compliance with the hand-washing and physical-distancing policies had somewhat declined. “Ideally, these three parameters – mask wearing, hand washing and physical distancing – should be parallel,” he said on Sept. 30. (iwa)

This article was published in thejakartapost.com with the title "Garuda paints masks on aircraft to support health campaign". Click to read: https://www.thejakartapost.com/news...s-on-aircraft-to-support-health-campaign.html.


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Saithan

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Recently I posted about Coconut oil, and we had several good feedback and links to documentaries on the topic.

I was wondering if you've seen it ?

I was wondering if you've got any information on economic plans that would curb or control the process ?

I understand there is a lot of money to be made, but I think there are too great risks of putting the eggs in the wrong basket.


 

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Recently I posted about Coconut oil, and we had several good feedback and links to documentaries on the topic.

I was wondering if you've seen it ?

I was wondering if you've got any information on economic plans that would curb or control the process ?

I understand there is a lot of money to be made, but I think there are too great risks of putting the eggs in the wrong basket.


Coconut or Palm oil? :)
If i remember correctly they have initiated a program for sustainability of palm crops and intends to educate individual palm farm owners for better yield using certified plants.
Meanwhile they struggle to protect individual farmers from large companies who often seizes people's lands, burns them down or forcing them out of their small lands by indirectly forcing.
 
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Nilgiri

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I thought it was called coconut palm oil...


Yeah there is coconut (which is in the palm family) tree and also regular palm tree.

The latter is more suitable for plantations to make large quantities of oil etc. Thats the one you find in abundance grown in Indonesia and Malaysia.

Coconuts you can have groves/orchards too and you can make oil out of the fruit (coconut oil is popular in India for cooking and cosmetics), but the overall productivity for purely oil-basis isnt that good per input etc (really the main thing with coconuts are the fruits themselves and also other parts of the tree).

Palm trees though (esp with breeding especially productive strains of the plant) produce abundance of oil per tree given you can get oil from both the flesh and the nut inside etc (coconut in comparison has hollow interior at maturity, filled with water etc).
 

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Is it true that Indonesia has introduced dual citizenship, but that this will only be given to certain ppl ?

And that it may be primarily the chinese that gets it because they will be able to buy land ?

This guy mentioned this in the video that covers the issue of Kyrgyzistan.
 

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Is it true that Indonesia has introduced dual citizenship, but that this will only be given to certain ppl ?

And that it may be primarily the chinese that gets it because they will be able to buy land ?
I am not quite sure on that, but Indonesia was suffering from those foreigners whom stay in with a Tourist visa but runs business, sometimes as a manager in up-high position or working as expat in critical positions. It was primarily caused from the procedures which was very slow or not "clear" especially on business visa, work permit, residence permit but there has been visible and great developments in last few years and Indonesia has stepped in standardization of the processes and made those a lot easier (at least than before).

It also might cover those particular people who is married to an Indonesian and lives in Indonesia for ages -there are literally many-, but some foreigners have already been misusing the marriage, by simply registering their business in name of their wive. Indonesia further restraints citizens ,who have married to foreigner but not signed division of property stop them, from purchasing assets.
 

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I am not quite sure on that, but Indonesia was suffering from those foreigners whom stay in with a Tourist visa but runs business, sometimes as a manager in up-high position or working as expat in critical positions. It was primarily caused from the procedures which was very slow or not "clear" especially on business visa, work permit, residence permit but there has been visible and great developments in last few years and Indonesia has stepped in standardization of the processes and made those a lot easier (at least than before).

It also might cover those particular people who is married to an Indonesian and lives in Indonesia for ages -there are literally many-, but some foreigners have already been misusing the marriage, by simply registering their business in name of their wive. Indonesia further restraints citizens ,who have married to foreigner but not signed division of property stop them, from purchasing assets.

You seem very knowledgeable about Indonesia :D

Labour laws seems to have been changed too in Indonesia with regard to layoffs and longer working hours.

I have an Indonesian friend I'm chatting with from time to time for the past 12-13 years, and I did ask if he was into Defence news and such, but he wasn't otherwise I would have invited him here :)
 

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Is it true that Indonesia has introduced dual citizenship, but that this will only be given to certain ppl ?

And that it may be primarily the chinese that gets it because they will be able to buy land ?

This guy mentioned this in the video that covers the issue of Kyrgyzistan.
I don't think so, Indonesia citizenship law only permits a single citizenship.
an exception is given to kids, until they grow up and must choose to be Indonesian or not.
 

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AI to bring in $366b to Indonesia’s GDP by 2030

2018_04_09_43697_1523266646._large.jpg


Eisya A. Eloksari The Jakarta Post Jakarta / Fri, October 9, 2020 / 06:32 pm AI usage in Southeast Asia is mainly for marketing and sales, followed by supply chain and manufacturing. (Shutterstock/-) 0 SHARES Artificial intelligence could add US$366 billion to Indonesia’s gross domestic product in the next decade and almost $1 trillion in added GDP across Southeast Asia, a recent study has shown. The study by consulting firm Kearney and Singapore-based investment firm EDBI says that 80 percent of respondents are still in the early stages of AI adoption, lagging two to three years behind the United States and China. “Just like in many countries, financial services and retail have been the early adopters of AI in Indonesia. We are also seeing a lot of potential in the logistics and supply chain sector,” Kearney senior partner Soon Ghee Chua said in a press briefing on Thursday. The study pointed out that Indonesian e-commerce platform Tokopedia was able to increase the total number of transactions by 202 percent and increase revenue by 179 percent month-over-month after implementing AI-based product recommendations. AI usage in Southeast Asia is mainly for marketing and sales, followed by supply chain and manufacturing. However, the finance industry has also used AI to decrease fraudulent transactions while human resources utilizes AI to increase candidate matching. Thirty-three percent of respondents said that they were reluctant to implement AI over concerns of employee backlash from job displacement, making it one of the challenges of AI adoption. “There is always a concern over that issue, but in the near term AI is mostly used for augmentation of human tasks rather than the replacement of human abilities,” he said, adding that most AI was used to generate revenue, as opposed to cutting costs, for example, through layoffs. The government and businesses, he added, could roll out teaching programs for university students and employees to learn about preparing data and using algorithms that were crucial for operating AI. “Companies are not looking for people who can develop the next groundbreaking AI. It’s about [employees] picking up skills to use in AI rather than becoming an AI algorithm writer,” he said. Read also: How artificial intelligence helps firms stay relevant amid pandemic Similarly, Nikolai Dobberstein, Kearney Asia Pacific communications, media and technology head, said that upskilling programs could solve the talent gap as more than 85 percent of respondents highlighted difficulties in finding talents for AI-related activities. “We believe this talent gap issue is overstated because we are seeing a significant improvement in AI models in recent years. They are more readily available and easier to deploy,” he said. Dobberstein went on to say that companies should also prioritize focused AI initiatives for near-term impact with an employee-centric approach to build momentum for deploying AI at scale. “AI is not a panacea. You need to develop it for specific use cases and to solve business pain points,” he said, advising governments to develop national AI agendas that prioritized adoption in key sectors. The Research and Technology Ministry and the National Research and Innovation Agency (BRIN) launched in August a national strategy for developing AI. It will focus on education and research, health services, bureaucratic reform, food security, mobility and smart cities. The government has also put AI utilization in the country’s latest five-year plan for digital transformation, along with 5G infrastructure development. Read also: Indonesia sets sights on artificial intelligence in new national strategy “Laypeople think of 5G as only increased bandwidth, but it can also enable a massive internet of things (IoT) and the IoT is most beneficial in automation,” said EDBI managing partner Basil Lui during the online press conference. A recent study by the Bandung Institute of Technology's Industrial and Research Affiliation Institution showed that 5G can add Rp 2.8 quadrillion ($188 billion) to the Indonesian economy by 2030 once the government releases its 5G spectrum for the 2021-2023 period.

This article was published in thejakartapost.com with the title "AI to bring in $366b to Indonesia’s GDP by 2030 - Business - The Jakarta Post". Click to read: https://www.thejakartapost.com/news/2020/10/09/ai-to-bring-in-366b-to-indonesias-gdp-by-2030.html.


Download The Jakarta Post app for easier and faster news access:
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Indonesia adds 8 more digital firms that must pay VAT​


With latest additions, total number of foreign technology companies liable to pay Value-added Tax increased to 36​

Iqbal Musyaffa |09.10.2020

Indonesia adds 8 more digital firms that must pay VAT


JAKARTA, Indonesia
Indonesia has added eight more foreign digital companies to a list of businesses that must pay a 10% value-added tax (VAT) on sales.

With the latest additions, the total number of foreign technology companies liable to pay VAT increased to 36, Hestu Yoga Saksama, the spokesman for Finance Ministry’s Taxation Directorate General.

Among companies named on Friday were Alibaba Cloud (Singapore) Pte Ltd, GitHub, Inc., Microsoft Corporation, Microsoft Regional Sales Pte. Ltd., UCWeb Singapore Pte. Ltd., To The New Pte. Ltd., Coda Payments Pte. Ltd, and Nexmo Inc.

“These companies must start charging VAT on digital products and services to advertisers and consumers from Nov. 1,” said Hestu.

Previously, Indonesia announced that Facebook, Apple, TikTok, Amazon, Alexa, and Walt Disney among other tech companies would be liable to VAT starting Sept. 1.

He hopes that all companies that made annual sales of 600 million Indonesian rupiahs ($41,116) to take the initiative and report themselves to the tax office.

Indonesia, the world's fourth most populous country with a population of nearly 270 million, is experiencing a boom in its digital economy which is expected to reach $130 billion by 2025, a study by Google, Temasek Holdings and Bain & Company predicted.

 

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Labour laws seems to have been changed too in Indonesia with regard to layoffs and longer working hours.

Protests Against New Indonesian Labor Law Turn Violent​


Collage students pass the fire during the mass protest against the government's omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.

Collage students pass the fire during the mass protest against the government's omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.

Aditya Irawan–NurPhoto/Getty Images
BY NINIEK KARMINI / AP

OCTOBER 9, 2020 3:01 AM EDT
(JAKARTA, Indonesia) — Protests in many Indonesian cities turned violent Thursday as thousands of enraged students and workers criticized a new law they say will cripple labor rights and harm the environment.
Clashes between rock-throwing demonstrators and riot police broke out near Jakarta’s presidential palace as police tried to disperse the protesters, including workers and high school and university students.
President Joko Widodo is visiting Central Kalimantan province and was not in the palace.
Police fired tear gas at the protesters from several high schools and universities as they tried to approach the palace compound, turning roads into a smoke-filled battleground. The protesters hurled rocks and bottles.


As night fell, some protesters set fire to a subway shelter in downtown Jakarta, causing the area to turn an eerie orange color. Demonstrators also burned road barriers, several cars, a cinema and damaged several government offices.
Indonesia’s top security minister Mohammad Mahfud told a televised news conference late Thursday the government would not tolerate any action of damaging public facilities and physical attacks on police and community members.
Flanked by the military chief and other top leaders, Mahfud said that those acts are insensitive to the conditions suffered by people who are struggling against COVID-19 and financial difficulties.
“For this reason, for the sake of order and security, the government will take a firm stand against anarchist actions aimed at creating chaos and fear in society,” he said, “The government to carry out legal proceedings against all perpetrators and actors who ride on these anarchist and criminal actions.”

Similar clashes occurred in large cities all over the country, including Yogyakarta, Medan, Makassar, Manado and Bandung.
Organizers have called for a three-day national strike starting Tuesday demanding that the government revoke the legislation.
The Job Creation Law approved by Parliament on Monday is expected to substantially change Indonesia’s labor system and natural resources management. It amended 79 previous laws and was intended to improve bureaucratic efficiency as part of efforts by Widodo’s administration to attract more investment to the country.
The demonstrators say the law will hurt workers by reducing severance pay, removing restrictions on manual labor by foreign workers, increasing the use of outsourcing, and converting monthly salaries to hourly wages.
“We vow to continue returning to the streets until the new law is revoked,” said Andi Khiyarullah, a protest organizer from the Indonesia Alliance’s student executive body.
Police in Jakarta also blocked streets leading to Parliament, preventing labor groups from holding a mass rally there, and detained at least 200 high school students who attempted to reach the compound, Jakarta police spokesman Yusri Yunus said.
“They have been provoked by invitations on social media to create a riot in Jakarta,” Yunus said.
National COVID-19 task force spokesperson Wiku Adisasmito expressed concern about the virus spreading in the crowds of protesters, who stood close together in images from the scenes, many of them without masks.
“We remind you that we are still in a pandemic condition, there is a public health emergency,” he said.
The government reported Thursday that Indonesia’s total coronavirus cases have risen to 320,564, including 11,580 deaths, which is the highest death toll in Southeast Asia. Cases in Jakarta alone stood at 83,372 with 1,834 deaths.
Indonesia, Southeast Asia’s largest economy, is eagerly courting foreign investors as key drivers of economic growth in a nation where nearly half the population of 270 million is younger than 30.

 

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Protests Against New Indonesian Labor Law Turn Violent​


Collage students pass the fire during the mass protest against the government's omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.'s omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.

Collage students pass the fire during the mass protest against the government's omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.

Aditya Irawan–NurPhoto/Getty Images
BY NINIEK KARMINI / AP

OCTOBER 9, 2020 3:01 AM EDT
(JAKARTA, Indonesia) — Protests in many Indonesian cities turned violent Thursday as thousands of enraged students and workers criticized a new law they say will cripple labor rights and harm the environment.
Clashes between rock-throwing demonstrators and riot police broke out near Jakarta’s presidential palace as police tried to disperse the protesters, including workers and high school and university students.
President Joko Widodo is visiting Central Kalimantan province and was not in the palace.
Police fired tear gas at the protesters from several high schools and universities as they tried to approach the palace compound, turning roads into a smoke-filled battleground. The protesters hurled rocks and bottles.


As night fell, some protesters set fire to a subway shelter in downtown Jakarta, causing the area to turn an eerie orange color. Demonstrators also burned road barriers, several cars, a cinema and damaged several government offices.
Indonesia’s top security minister Mohammad Mahfud told a televised news conference late Thursday the government would not tolerate any action of damaging public facilities and physical attacks on police and community members.
Flanked by the military chief and other top leaders, Mahfud said that those acts are insensitive to the conditions suffered by people who are struggling against COVID-19 and financial difficulties.
“For this reason, for the sake of order and security, the government will take a firm stand against anarchist actions aimed at creating chaos and fear in society,” he said, “The government to carry out legal proceedings against all perpetrators and actors who ride on these anarchist and criminal actions.”

Similar clashes occurred in large cities all over the country, including Yogyakarta, Medan, Makassar, Manado and Bandung.
Organizers have called for a three-day national strike starting Tuesday demanding that the government revoke the legislation.
The Job Creation Law approved by Parliament on Monday is expected to substantially change Indonesia’s labor system and natural resources management. It amended 79 previous laws and was intended to improve bureaucratic efficiency as part of efforts by Widodo’s administration to attract more investment to the country.
The demonstrators say the law will hurt workers by reducing severance pay, removing restrictions on manual labor by foreign workers, increasing the use of outsourcing, and converting monthly salaries to hourly wages.
“We vow to continue returning to the streets until the new law is revoked,” said Andi Khiyarullah, a protest organizer from the Indonesia Alliance’s student executive body.
Police in Jakarta also blocked streets leading to Parliament, preventing labor groups from holding a mass rally there, and detained at least 200 high school students who attempted to reach the compound, Jakarta police spokesman Yusri Yunus said.
“They have been provoked by invitations on social media to create a riot in Jakarta,” Yunus said.
National COVID-19 task force spokesperson Wiku Adisasmito expressed concern about the virus spreading in the crowds of protesters, who stood close together in images from the scenes, many of them without masks.
“We remind you that we are still in a pandemic condition, there is a public health emergency,” he said.
The government reported Thursday that Indonesia’s total coronavirus cases have risen to 320,564, including 11,580 deaths, which is the highest death toll in Southeast Asia. Cases in Jakarta alone stood at 83,372 with 1,834 deaths.
Indonesia, Southeast Asia’s largest economy, is eagerly courting foreign investors as key drivers of economic growth in a nation where nearly half the population of 270 million is younger than 30.

I think the guy in the video is going to be proven right. Not just the labor law, but opening up for more foreign investors without restrictions will result in more low paying jobs.

Which doesn’t even guarantee to meet ppls ends.
 

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Indonesian firms to form EV battery production JV​

In Hybrids, EVs and Alternative Fuel, International News, Technology / By Mick Chan / 15 October 2020 2:00 pm / 10 comments

BMW-Group-Thailand-local-battery-production-inauguration-17-630x420.jpg


A group of Indonesian state-owned companies are to form a joint venture for the production of electric vehicle batteries, according to a Reuters report.

The new venture will be named Indonesia Battery Holding, and it will consist of state miners Mining Industry Indonesia (Mind ID) and Aneka Tambang (Antam), state ulility firm Perusahaan Listrik Negara (PLN) and state oil company Pertamina, said Mind ID chief executive Orias Petrus Moedak.

“We are preparing a concrete cooperation plan, so that the nickel utilisation project can start immediately to produce batteries,” the CEO said. The company would help build an industry the aims to cover all aspects of battery production, from the production of chemicals and minerals for batteries to the assembly of the battery units themselves, as well as recycling old batteries, said Orias.



This company will also form a partnership with Chinese and Korean firms on two projects valued at US$12 billion (RM49.8 billion), Orias added, without revealing further details, Reuters reported. State miner Antam will also be working on electric vehicle battery-related projects such as high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) smelter projects, valued between US2-3 billion (RM8.3-12.4 billion).

An earlier Reuters report in June indicated interest from Hyundai and LG Chem for the setting up of an electric vehicle battery manufacturing joint venture in Indonesia, though details and size of the investment were not decided at the time.

In May, a BloombergNEF report found that Indonesia’s industrial electricity prices are about 11% lower than China. Aided by ample nickel, cobalt and manganese depositories, along with low labour costs as well as government subsidies, the country could reduce total battery manufacturing cost by 8% compared to China, thus making it possibly the least costly place in the region for EV battery manufacture, the report added.

The Indonesian ministry of industry said last December that it aims to begin producing electric vehicle batteries by 2022, Autonetmagz reported. The main reason for the timeline given was in order for the country to minimise reliance on other countries for the production of key EV battery components, the director of maritime industries, transport and defense equipment Putu Juli Ardika said at the time.

 

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Indonesian firms to form EV battery production JV​

In Hybrids, EVs and Alternative Fuel, International News, Technology / By Mick Chan / 15 October 2020 2:00 pm / 10 comments

BMW-Group-Thailand-local-battery-production-inauguration-17-630x420.jpg


A group of Indonesian state-owned companies are to form a joint venture for the production of electric vehicle batteries, according to a Reuters report.

The new venture will be named Indonesia Battery Holding, and it will consist of state miners Mining Industry Indonesia (Mind ID) and Aneka Tambang (Antam), state ulility firm Perusahaan Listrik Negara (PLN) and state oil company Pertamina, said Mind ID chief executive Orias Petrus Moedak.

“We are preparing a concrete cooperation plan, so that the nickel utilisation project can start immediately to produce batteries,” the CEO said. The company would help build an industry the aims to cover all aspects of battery production, from the production of chemicals and minerals for batteries to the assembly of the battery units themselves, as well as recycling old batteries, said Orias.



This company will also form a partnership with Chinese and Korean firms on two projects valued at US$12 billion (RM49.8 billion), Orias added, without revealing further details, Reuters reported. State miner Antam will also be working on electric vehicle battery-related projects such as high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) smelter projects, valued between US2-3 billion (RM8.3-12.4 billion).

An earlier Reuters report in June indicated interest from Hyundai and LG Chem for the setting up of an electric vehicle battery manufacturing joint venture in Indonesia, though details and size of the investment were not decided at the time.

In May, a BloombergNEF report found that Indonesia’s industrial electricity prices are about 11% lower than China. Aided by ample nickel, cobalt and manganese depositories, along with low labour costs as well as government subsidies, the country could reduce total battery manufacturing cost by 8% compared to China, thus making it possibly the least costly place in the region for EV battery manufacture, the report added.

The Indonesian ministry of industry said last December that it aims to begin producing electric vehicle batteries by 2022, Autonetmagz reported. The main reason for the timeline given was in order for the country to minimise reliance on other countries for the production of key EV battery components, the director of maritime industries, transport and defense equipment Putu Juli Ardika said at the time.


Japan Mulls Joining China, Korea to Build EV Battery in Indonesia

Translator:

Ririe Ranggasari​

Editor:

Laila Afifa​

16 October 2020 13:07 WIB
0 COMMENT




TEMPO.CO, Jakarta - Mining and Industry Indonesia (MIND ID) said that investors from Japan may also join Indonesia's nickel battery downstream joint-project, along with electric vehicle or EV battery makers from China and South Korea.
MIND ID Group CEO Orias Petrus Moedak said that the joint project is still welcoming other potential partners.
"Some have made approaches, but not as far as China and Korea. We are looking at a possibility from Japan, but for now [it is certain for] Korea and China," Orias said in a media discussion, Thursday, October 15,.
The world's two largest EV battery manufacturers, Contemporary Amperex Technology Co. Ltd. (CATL) from China and LG Chem Ltd. from South Korea had signed a head of agreement with Aneka Tambang or Antam. The agreement for the battery project is worth US$12 billion or roughly Rp180 trillion.
In this integrated upstream to downstream battery industry project, the companies will establish Indonesia Battery Holding (IBH); involving MIND ID, Pertamina, and PLN.
IBH and the subsidiaries of those three companies — as well as partners from abroad — will then form joint ventures for each sector.
Orias hopes that the battery industry will go hand in hand with the development of the domestic electric car industry. If the domestic demand is small, Orias said that output can be allocated for exports, global supply.
Read: Indonesia, Japan Cooperate in Developing Electric Car
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Indonesia developing food-bank estates '10 times size of Singapore'​


Issued on: 23/09/2020 - 14:22
A farmer cuts harvested rice stalks from a paddy in Indonesia's Aceh province. The country's president has unveiled to develop estates 10 times the size of Singapore to help the world's fourth-most populous country meet its food needs

A farmer cuts harvested rice stalks from a paddy in Indonesia's Aceh province. The country's president has unveiled to develop estates 10 times the size of Singapore to help the world's fourth-most populous country meet its food needs CHAIDEER MAHYUDDIN AFP/File
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Jakarta (AFP)
Indonesia is developing vast farm estates across the archipelago -- an area 10 times the size of neighbouring Singapore -- to counter the nation's reliance on imported food, President Joko Widodo said Wednesday.
The project, which eventually will span nearly 800,000 hectares (two million acres), is preparing land to grow rice, cassava and corn for the world's fourth-most populous country, Widodo told a televised cabinet meeting.
The announcement will anger environmental groups, who have warned such projects mostly exploit peatland areas and encourage forest fires blamed for the seasonal haze that has choked much of the region for the past two decades.

Widodo said the project would "anticipate the world's food crisis due to the Covid-19 pandemic ... also to anticipate climate change as well as to curb our reliance to imported food".
The early phase has already started in North Sumatra, as well as central Kalimantan, on the Indonesian part of the island of Borneo.
Eventually it may be extended to three more regions on the world's biggest archipelago -- South Sumatra, Papua and East Nusa Tenggara.
The project has its critics, however.
Earlier this month Greenpeace Indonesia warned that converting carbon-rich peatland into giant farmlands could cause an environmental catastrophe.
"Since 2015, over a quarter of a million hectares of peatland forest have burned in Central Kalimantan," it said.
"While the scientific community is urging us to protect all peatland to halt climate change, the government instead is backing a plan that looks set to turn this land into another carbon bomb."

 

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Russia offers Indonesia access to Sputnik V vaccine for COVID-19

2020_08_11_102161_1597160650._large.jpg

News Desk The Jakarta Post Jakarta /
Fri, October 16, 2020 /
04:16 pm

A scientist works in a laboratory of the Gamaleya Research Institute of Epidemiology and Microbiology during the production and laboratory testing of a vaccine against COVID-19, in Moscow, Russia, August 6, 2020. (REUTERS /The Russian Direct Investment Fund (RDIF)/Handout) SHARES The Russian government has officially made an offer to the Indonesian government for the use and further development of a coronavirus vaccine, Sputnik V, which is currently in its Phase III clinical trial. Russian Ambassador to Indonesia Lyudmila Vorobieva said her government had contacted the Health Ministry about the possible distribution and use of the Sputnik V vaccine and was currently waiting for its response. "We sent a letter to the ministry on Sept. 17. We're still waiting for a response," Vorobieva said in an interview with The Jakarta Post on Thursday. The Sputnik V is a vaccine developed by the Gamaleya research institute in coordination with the Russian defense ministry. It is based on a proven vaccine against adenovirus – the common cold. The vaccine is expected to provide immunity from SARS-CoV-2, the virus that causes COVID-19, for up to two years, according to the Russian health ministry. More than 44,000 people have taken part in the Sputnik V clinical trial. The platform used for the vaccine was developed by Russian scientists over 20 years and had formed the basis for several vaccines in the past, including those against Ebola. Gamaleya’s vaccine is based on similar technology to the coronavirus vaccine prototype developed by CanSino, a Chinese vaccine-making company. Earlier, Vorobieva said once the Phase III clinical trial was completed that the first step would be to make the vaccine available in the Indonesian market. The Russian government also expects that clinical trials for the vaccine can start in Indonesia, which would allow for its registration with the health authority in the country. So far, 44,000 people have taken part in clinical trials for the vaccine worldwide, including President Rodrigo Duterte of the Philippines, who was inoculated in May this year. Russia has made a sales pitch to countries around the world, and claims that countries with over 50 percent of the world population have expressed interest in Sputnik V. Russia expects that by the end of 2021 it will have supplied over 1 billion doses of the Sputnik V vaccine. The Russian government also expects to allow Indonesia to join the manufacturing process of the vaccine. "We are ready to manufacture at least some of the components of the vaccine in Indonesia," Vorobieva said in August. In April, President Joko "Jokowi" Widodo held a telephone conversation with Russian President Vladimir Putin discussing efforts to step up cooperation in dealing with the coronavirus pandemic. Both Jokowi and Putin have agreed to step up contacts between the health ministries of the two countries. President Putin was scheduled to visit Indonesia in 2020 but the plan was called off following the outbreak of COVID-19. Speaking on Thursday, Health Minister Terawan Agus Putranto said COVID-19 vaccines developed in Britain and China would be sufficient to inoculate at least 70 percent of the Indonesian population. Terawan was referring to vaccines developed by China's Sinovac and Sinopharm and Britain's AstraZeneca. "While waiting for the development of the Red and White vaccine, which will be ready in 2022, we will benefit from our partnerships with China and Britain," Terawan said as quoted by tempo.co.

This article was published in thejakartapost.com with the title "Russia offers Indonesia access to Sputnik V vaccine for COVID-19". Click to read: https://www.thejakartapost.com/news...ne-for-covid-19.html?src=mostviewed&pg=seasia.


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