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Mitsubishi Power Signs MOU with Indonesia's PLN Group and Bandung Institute of Technology (ITB) on Joint Policy Proposal to Promote Biomass Co-firing at Thermal Power Plants in Indonesia​


YOKOHAMA, Japan, Oct 15, 2020 - (JCN Newswire) - Mitsubishi Power, Ltd., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has concluded a memorandum of understanding (MOU) with Indonesia's state-owned electricity provider PT. PLN (Persero) (PLN) and two of its subsidiaries (PT. Indonesia Power and PT. Pembangkitan Jawa-Bali), and Bandung Institute of Technology (ITB) on joint formulation of a policy proposal to promote the adoption of biomass co-firing at Indonesia's thermal power plants.


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Thermal Power Plant in Indonesia​


The industry-academia collaborative team will undertake studies mainly on selection of appropriate biomass fuel and their combustion evaluations, and equipment modification plans, in a quest to make effective use of Indonesia's abundant biomass resources. Economic evaluations will be carried out in cooperation with PLN Group, which operates numerous thermal power plants in the country. After conclusion of the MOU, the focus will be to make a roadmap for promoting biomass co-firing in Indonesia, including selection of the optimal biomass fuel and pilot facility from among PLN Group's power plants. This will be based on the results of technical feasibility tests conducted by Mitsubishi Power in Japan together with policy analysis and market research performed in Indonesia under ITB's leadership.

The Indonesian Government is currently carrying out an energy policy that aims to reduce carbon emissions by raising the nation's use of a renewable energies mix to 23% by 2025, and decreasing CO2 emissions by 29% by 2030 through energy conversion assuming reduced use of fossil fuels. Under this policy, besides expanding adoption of wind, solar and geothermal renewables, a central role is accorded to promoting use of biomass fuel at existing coal-fired power plants, and the newly agreed activity aims to support that initiative. Plans call for a proposal covering technical requirements and preparation of the relevant legal and financial support frameworks to be completed by September 2021, followed by cooperation to promote the adoption of biomass co-firing in Indonesia and the realization of a pilot project.

Iswan Prahastono, Director of the PLN Research and Development Center, expressed his solid expectations toward the collaboration's success. "I am confident," he said, "that PLN Group, ITB and Mitsubishi Power, in joining forces and coordinating and applying their respective strengths based on their respective economic considerations, will successfully support Indonesia's energy situation through use of renewable energies."

Ken Kawai, President and CEO of Mitsubishi Power, spoke of the company's robust commitment to the new initiative. "For more than 50 years, Mitsubishi Power has contributed to Indonesia's energy landscape by providing approximately 18 GW of power generating systems, including gas turbine combined cycle, geothermal power and highly efficient coal-fired power. Our new collaboration with PLN Group and ITB signals our continued drive to support Indonesia's development by using existing facilities to formulate a proposal that will meet the country's energy needs in terms of both environmental sustainability and economic efficiency."

Leveraging the newly concluded MOU, Mitsubishi Power, by providing next-generation environmentally friendly power generation technologies, will boost low-carbon and carbon-free energy sources as its way of contributing to stabilization of power supplies and protection of the environment in Indonesia.

Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

 

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Japan offers Indonesia financial shot in the arm

SHARES Japanese Prime Minister Yoshihide Suga has offered Indonesia 50 billion yen (US$473.1 million) in loans to mitigate the economic impact of the COVID-19 pandemic. The prime minister announced the offer in a joint press statement with President Joko “Jokowi” Widodo after a bilateral meeting on Tuesday. "Considering the impact of the spread of COVID-19 on the Indonesian economy, on this occasion, Japan has set a financial loan amounting 50 billion yen to increase Indonesia's disaster management capacity,” Suga said through an interpreter on Tuesday evening. “In addition, Japan will encourage cooperation with health assessment institutions in Indonesia by providing medical goods and equipment." Indonesia has experienced one of the worst COVID-19 outbreaks in Asia, with 368,842 confirmed cases and a death toll of 12,734. The Health Minist...

This article was published in thejakartapost.com with the title "Japan offers Indonesia financial shot in the arm". Click to read: https://www.thejakartapost.com/news/2020/10/21/japan-offers-indonesia-financial-shot-in-the-arm.html.

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Indonesia sees uptick in travel demand to Turkey and Dubai​

By Tiara Maharani
/ Posted on 14 October, 2020 18:34
A combination of pent-up wanderlust and lockdown fatigue is driving demand for international travel among Indonesian travellers, with a pick up in outbound tourism bookings, following the reopening of borders in Turkey and the UAE.
Fonny Wijaya, general manager at Tripuri Wisata, said that the agency has sent more than 10 tour groups to Turkey since the end of July, even last month when Jakarta reimposed large-scale social restrictions across the capital city.
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Travel agency Tripuri Wisata hosting a group of Indonesian tourists on a tour in Turkey recently
“At first, it was a bit difficult to sell Turkey because people were still worried about Covid 19. (However,) after the first and second groups travelled, demand began to increase, especially bookings for departures in October to December,” she said, adding that the pandemic has not deterred Indonesian tourists from travelling to destinations open to foreign visitors.
Interestingly, the demand is not only flowing from Jakarta, but also, small cities in Java, such as Bondowoso in East Java. While the number is still small, with only 15 to 20 people per departure, “there is always a group that leaves every week,” Fonny said.
She believes that the end of the year could be the peak season, as Turkey starts to enter winter, with the country gaining appeal in recent years as an alternative destination among Indonesian tourists desiring to see snow.
To build up hype, Kanomas Travel and Tour has crafted tour packages featuring famous clerics and celebrities. The tour is scheduled to depart at the end of October, with a target of 50 participants.
Dian A Rachmat, general manager of Kanomas Travel and Tour, elaborated: “With people afraid to travel amid the pandemic, the package has to be compelling. A beautiful destination alone isn’t going to cut it, so we try to provide the added value by (inviting) the clerics (to be) tour guides so the participants will have a unique experience.”
Dubai is another favourite destination among Indonesian travellers, with Golden Rama Tours & Travel reporting that the agency has began accepting reservations to the UAE’s most populous city. Its director, Edhi Sutadarma, said that enquiries have started to roll in about which destinations are safe and welcoming travellers during this time.
Edhi elaborated: “Many Indonesian travellers have expressed that they miss travelling. There are also those who are tired of being locked down for too long. It is a good sign for the industry.”
Even though travel demand to Dubai has picked up, Edhi admitted that the numbers are not as significant as those to Turkey.
He explained that the strict entry procedures required by the UAE government make Turkey a preferred destination over Dubai. Edhi added: “Also, tour packages to Turkey are cheaper than Dubai. As a destination, Turkey is also more attractive, especially since the Hagia Sophia was turned back into a mosque (this year).”

 

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Would it be prudent to make a separate thread on this issue. I think it's very important to follow these kinds of cases.

I mean considering Turkey ended up making a WF right after the previous Minister of Economy Ali Babacan stopped it has always only brought bad vibes.

If I recall correct WF are not monitored or managed strictly professional, and the government has free reigns to do whatever they want with firms in that WF. (At least in Turkey from what Babacan said).

Ali Babacan even said in an interview that he rejected WF actively in all this time as Minister.
 

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German investors invited to make RI hub for manufacturing industries​

20th October 2020

German investors invited to make RI hub for manufacturing industries

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan (ANTARA/HO- Coordinating Ministry for Maritime Affairs and Investment)
More than 600 thousand Indonesian medical tourists visit Singapore, Malaysia, the United States, Thailand, and so on for medical treatment. They spend billions of dollars abroad every year. Why don't we open more international hospitals in Indonesia
Jakarta (ANTARA) - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has invited German investors to make Indonesia a hub for manufacturing industries in Southeast Asia based on its huge economic potential in the region.

"Indonesia has the largest economy in the ASEAN, with a population of 273 million and gross domestic product of more than US$1 trillion," Pandjaitan remarked while addressing the Asia-Pacific Conference of German Business held virtually on Monday (Oct 19).

In a written statement released on Tuesday (Oct 20), the minister encouraged mutually beneficial cooperation between Indonesia and the relevant stakeholders. The cooperation can be realized in the fields of economy, manpower, health, and technology.

Indonesia will also encourage trade cooperation with non-ASEAN member states, including the European Union (EU), through the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA). With the platform, the Indonesia-EU strategic partnership will increasingly become concrete, he noted.

Indonesia is also encouraging investment in the health sector by offering wider autonomy in the production of active pharmaceutical ingredients and investment in hospitals.

"More than 600 thousand Indonesian medical tourists visit Singapore, Malaysia, the United States, Thailand, and so on for medical treatment. They spend billions of dollars abroad every year. Why don't we open more international hospitals in Indonesia? The spirit is to save foreign exchange," he stated.

Indonesia is also in the process of developing the lithium battery industry using nickel, cobalt, bauxite and copper as raw materials. The demand for lithium batteries will be high in future, along with the use of electric cars, microgrids, and electric products, he noted.

On the other hand, the Indonesian government has also taken progressive steps to improve the business climate in the country through enactment of the job creation law or omnibus law, he stated.

The law simplifies 8,451 national regulations and 15,965 regional regulations that burden small-, medium-and large-sized business undertakings, he explained.

With the job creation law, Indonesia has reformed the manpower law. The law will ensure to strike a balance between protecting workers and creating job opportunities, he added.

 

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Progress of newly built PT INKA workshop in Banyuwangi, PT INKA is railway system maker in Indonesia able to build Locomotive and coach, with recent project is Jabodebek LRT system

 

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Taking the nuclear option​


Written by YOGI SUGIAWAN & SHUNSUKE MANAGI Print
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Building public trust will be key to making nuclear power a reality in Indonesia​

Yogi Sugiawan and Shunsuke Managi​

The quest for economic growth cannot be detached from issues of energy security and environmental deterioration. The consumption of energy is essential for economic activity and increased quality of life, but its generation can exert great pressure on the environment, either through pollution or depletion of natural resources. This is the classic dilemma of designing sustainable energy policy – improved access and increased capacity are often accompanied by potential reductions of well-being and negative environmental impacts.

This trade-off is evident in Indonesia. Over the last decade, the economy has grown at an average rate of 5.4 per cent per year, with demand for electricity increasing at an annual average rate of 6.2 per cent over the same period. Unfortunately, this has been followed by an increasing trend of carbon dioxide emissions from fossil fuel combustion with an average growth rate of around five per cent per year, from 345.1 million tons in 2006 to 563.3 million tons in 2016.

Our recent work assessing the sustainability of global energy consumption suggests that despite beneficial impacts on production and human capital, the current pattern of Indonesia’s energy consumption has led to a substantial erosion of the country’s stock of natural resources, which in turn is hindering the pace of inclusive wealth growth. In the last two decades, the stock of per capita natural resources in Indonesia has been depleted by more than 40 per cent. If this trend continues, by 2050 the stock will fall by over 70 per cent.

To achieve more sustainable development, energy and environmental policies need to be implemented in such a way as to maximise economic growth without reducing the stock of natural resources. The Indonesian government has signalled a strong commitment to lowering carbon emissions by investing in more new and renewable energy sources, setting an official goal of sourcing 23 per cent of its energy from renewables by 2025. However, as discussed by Dr Abidah Setyowati elsewhere in this edition, there are numerous logistical, political and economic challenges that stand in the way.

Our own empirical study on the income-emissions relationship in Indonesia found that decarbonisation of the economy is not impossible. However, the turning point from a carbon-intensive economy to a low carbon one was predicted to occur at a relatively high per capita income level of US$7,729. 2019 per capita income was US$4,136, indicating there is still some way to go to close the gap. This finding is reflected in the fact that despite the government’s ambitious goals, the share of renewable energy in the national electricity mix has remained stuck at around 11 per cent and prospects for rapidly increasing that share remain dim.

Public attitudes toward nuclear power​

As there are substantial barriers to a rapid transition from fossil fuels to renewable energy, the potential of nuclear power to address the above mentioned policy dilemma deserves careful consideration. Despite intense and long-running debate about nuclear power, it has the potential to increase generating capacity while reducing carbon emissions.

Indonesia began developing experimental nuclear reactors in the 1960s, and in the 1970s undertook a pre-feasibility study with the Italian government to see if it could be scaled up. This was followed by a more comprehensive feasibility study on Java’s Muria Peninsula in 1989. That study recommended a site at the tip of the peninsula as the best candidate for a nuclear power plant. A second feasibility study, completed in 2013, recommended two potential sites on Bangka Island off Sumatra.

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Indonesia’s National Nuclear Energy Agency (BATAN)
These feasibility studies hint at the long history of interest in developing Indonesia’s nuclear power potential. However, there remain many practical challenges, particularly related to stakeholder involvement. In 2009 an Integrated Nuclear Infrastructure Review conducted by the International Atomic Energy Agency (IAEA) concluded that although there had been ‘good progress in the development of the national infrastructure in many areas’ the ‘activities for stakeholder involvement will in particular require significant improvement’. A lack of stakeholder involvement in the decision- making process can create public distrust that may eventually lead to public opposition. This could be one reason why nuclear power has yet to become a reality, despite long-running interest in the idea.

BATAN (Indonesia’s National Nuclear Energy Agency) has undertaken numerous efforts to encourage greater public involvement in the decision-making process. It conducted public opinion polls in 2010 and 2011 as part of its nuclear science and technology dissemination project. The surveys were conducted in 22 cities in seven provinces on Java and Bali, involving more than 5000 respondents. The 2010 survey revealed that almost 60 per cent of respondents had favourable views of nuclear power, approximately 26 per cent were against it, and the rest were ambivalent. The 2011 survey, which was conducted after the Fukushima nuclear accident, showed that public support had declined to 49.5 per cent. Building up public trust in nuclear power, and in authorities to develop it safely, is thus key to the successful implementation of the technology.

Using this data, we developed a model to investigate determinants of public acceptance of nuclear power in Indonesia. Compared to knowledge about nuclear technology or trust in managing authorities, the strongest driver of support for nuclear power was concern about energy security. These findings mirror the IAEA’s conclusion that more work needs to be done in increasing stakeholder involvement, and we found this can be done by educating the public about nuclear power and increasing trust in public authorities, including implementing agencies like BATAN.

In Indonesia’s case, each level of government is best suited for a particular role. Local government is best suited for increasing social acceptance by encouraging and facilitating the involvement of impacted communities in developing proposed nuclear power projects. The ideal role is as a ‘hub institution that plays an important role in translating the national energy policy into local wisdom’. This will reduce the communication gap between stakeholders and ensure both equity and fairness in every stage of the decision-making process.

Regarding the socio-political acceptance of nuclear power, the role of nuclear energy authorities is critical, particularly in providing comprehensive information and educating the public about proposed projects. It is especially important that the authorities communicate not only the beneficial impacts of nuclear power but also the possible risks and downsides. We found the role best suited for the central government was creating the policy and regulatory architecture necessary for market and political acceptance, but leaving the community outreach and public awareness efforts to local and implementing authorities.

Nuclear power as a last resort​

Like all countries, Indonesia seeks to balance economic growth with sustainability. When it comes to energy generation, transitioning away from fossil fuels and toward renewable sources is perhaps the best way to accomplish that. However, the transition in Indonesia is likely to be slower than many would like, requiring policymakers to consider other options that can reduce carbon emissions such as nuclear power.

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Balancing the pros and cons of nuclear power / Flickr CC
Nuclear power has long been a dream for some in Indonesia, but is the country ready for it? The development of national infrastructure for such an undertaking has made significant progress over the years, but more work needs to be done to increase stakeholder engagement and public trust, for instance by educating the public, increasing stakeholder involvement in the decision-making process and creating an overall political and regulatory environment that will allow nuclear power to develop safely and effectively.

The Indonesian government should consider nuclear power as part of its efforts to reduce carbon emissions. Understandably, it may be hesitant to tackle the substantial financial, political, social and technical challenges, unless it is exceptionally necessary to do so. However, if we consider the pattern of energy consumption in Indonesia, which is strongly associated with carbon emissions and loss of natural resources as well as the slow pace of renewable energy uptake, it is not an exaggeration to say this last option is indeed urgent.

Nevertheless, implementation must be carried out cautiously. The decision-making process must carefully weigh not only the beneficial impacts of nuclear energy on carbon emissions and energy security but also the potential risks. This is a process that needs to be carried out in a collaborative manner through education and outreach efforts that prioritise communication and encourage the participation of stakeholders at every level. Regulatory agencies, as well as local and national governments, all have a role to play. If nuclear power is to become a reality in Indonesia, it will require an inclusive and transparent multi-pronged effort in which the risks and rewards are clearly articulated so that collective decisions can be reached based on all the facts. In the absence of that, nuclear power in Indonesia may continue to be a dream deferred.

Yogi Sugiawan is a Policy Analyst at the Planning Bureau of the National Nuclear Energy Agency of Indonesia (BATAN). Shunsuke Managi is Distinguished Professor and Director of the Urban Institute, Kyushu University.

 

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China's Delong Holdings targets 20 mln T of steel output in Indonesia​

Min Zhang and Tom Daly

Oct 26 (Reuters) - Chinese steelmaker Delong Holdings said it has signed a letter of intent to lift the annual capacity of its steel project in Indonesia to 20 million tonnes - more than three times the volume the Southeast Asian country produced last year.
Mineral-rich Indonesia has attracted billions of dollars of investment from top metals consumer China as it looks to position itself as a hub for steel and battery materials production.
Delong, through its Indonesian joint venture (JV) Dexin Steel Indonesia, started investing in its steel project on the island of Sulawesi in 2018 and saw the mill reach designed output in June this year. Its JV partners are Shanghai Decent Investment Group and Indonesia Morowali Industrial Park.

Dexin Steel said on Sunday it had now launched a first-phase expansion of the project, raising annual capacity to 6 million tonnes, which is slated to be put into production by the end of 2021.


"With the help from Indonesian government and related policies, Delong ... will gradually expand the project's annual capacity to 20 million tonnes," it said in a statement.


Delong Holdings and Dexin Steel agreed with Indonesia's Coordinating Minister for Maritime and Investment Affairs, Luhut Pandjaitan, in China's Yunnan province in early October to further expand the project, according to the statement, which did not put a value on the extra investment.


Pandjaitan's spokesman said earlier this month that Chinese firms operating in Indonesia, including Delong Holdings, "made a commitment" to increase their collective investment in the country to around $20.9 billion by 2024.


Indonesia churned out 6.4 million tonnes of crude steel in 2019, according to the World Steel Association, making it the 26th biggest producer globally. (Reporting by Min Zhang and Tom Daly; Editing by Mark Potter)

 

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Wärtsilä Supplying 128 MW Plant​

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The fast-starting flexibility of Wärtsilä 34DF generating sets in the 128 MW power plant of an Indonesian mine enables the integration of energy from renewable sources in the future, the company said.

The fast-starting flexibility of Wärtsilä 34DF generating sets in the 128 MW power plant of an Indonesian mine enables the integration of energy from renewable sources in the future, the company said.

Facility will power copper and gold mine in Indonesia


Wärtsilä will supply 14 34DF dual-fuel engines for a 128 MW power plant in Indonesia. The plant has been ordered by PT Freeport Indonesia, one of the world’s leading mining companies. The order for eight generating sets was placed in June 2020, and a further six generating sets were ordered in September. A consortium consisting of Wärtsilä and PT PP will install, construct and commission the power plant.

The plant will be located at Amamapare, PT Freeport Indonesia’s port site in Papua, Indonesia. From here the electricity will be fed to the Grasberg mine via a 100 km long transmission line. The mine is located in the remote highlands of the Sudirman Mountain Range in the province of Papua, western half of the island of New Guinea. Neither the mine nor the port site are connected to the 50 Hz grid. The mine operates on a 60 Hz power supply. The new plant is needed to provide the necessary power as the customer extends operations from open pit to underground mining of one of the world’s largest copper and gold deposits.

“We have completed open pit mining at the Grasberg minerals district, and are now developing large-scale, high-grade underground mines. For this it is critical that we have a reliable and efficient energy supply, and the Wärtsilä generating sets will deliver the power we need,” said George Baninni, executive vice president, P.T Freeport Indonesia.

“The competitive total lifecycle cost of the Wärtsilä solution was ultimately the deciding factor in the award of this valuable contract. However, we have power plants operating in the vicinity of this site, which provided important references as part of the decision process. Our local presence in Indonesia is strong, with 5.3 GW of installed base and 350 employees on the spot. We are able to provide a high level of support,” said Kari Punnonen, Energy Business Director, Australasia, Wärtsilä.

The Wärtsilä 34DF engines can operate on a variety of fuels. This flexibility will allow the plant to switch to operating on natural gas when it becomes locally available. Initially the engines will run on Indonesian B30 biodiesel. The fast-starting flexibility of the engines will also enable the integration of energy from renewable sources, such as solar and wind, in the future. The Wärtsilä 34DF is manufactured in configurations from 6L to 16V, giving 500 kW per cylinder and a total maximum mechanical output of 8000 kW. The engine speed is 750 rpm.

The Wärtsilä equipment is scheduled for delivery between July and November 2021. The first seven engines are expected to be officially handed over in March 2022, with the remaining seven to be handed over in July 2022.

 

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China's Delong Holdings targets 20 mln T of steel output in Indonesia​

Min Zhang and Tom Daly

Oct 26 (Reuters) - Chinese steelmaker Delong Holdings said it has signed a letter of intent to lift the annual capacity of its steel project in Indonesia to 20 million tonnes - more than three times the volume the Southeast Asian country produced last year.
Mineral-rich Indonesia has attracted billions of dollars of investment from top metals consumer China as it looks to position itself as a hub for steel and battery materials production.
Delong, through its Indonesian joint venture (JV) Dexin Steel Indonesia, started investing in its steel project on the island of Sulawesi in 2018 and saw the mill reach designed output in June this year. Its JV partners are Shanghai Decent Investment Group and Indonesia Morowali Industrial Park.

Dexin Steel said on Sunday it had now launched a first-phase expansion of the project, raising annual capacity to 6 million tonnes, which is slated to be put into production by the end of 2021.


"With the help from Indonesian government and related policies, Delong ... will gradually expand the project's annual capacity to 20 million tonnes," it said in a statement.


Delong Holdings and Dexin Steel agreed with Indonesia's Coordinating Minister for Maritime and Investment Affairs, Luhut Pandjaitan, in China's Yunnan province in early October to further expand the project, according to the statement, which did not put a value on the extra investment.


Pandjaitan's spokesman said earlier this month that Chinese firms operating in Indonesia, including Delong Holdings, "made a commitment" to increase their collective investment in the country to around $20.9 billion by 2024.


Indonesia churned out 6.4 million tonnes of crude steel in 2019, according to the World Steel Association, making it the 26th biggest producer globally. (Reporting by Min Zhang and Tom Daly; Editing by Mark Potter)

That's why our Prime Minister feel China had more to offer compared to the US
 

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That's why our Prime Minister feel China had more to offer compared to the US
don't worry time will change

Indonesia to sign $750 million MoU with US EXIM

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News Desk The Jakarta Post Jakarta / Mon, October 26, 2020 / 03:23 pm Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan. (Coordinating Maritime Affairs and Investment Ministry/Coordinating Maritime Affairs and Investment Ministry) 0 SHARES Indonesia announced on Sunday that it will explore an investment opportunity of up to US$750 million with the Export-Import Bank of the United States (EXIM). For the investment, Indonesia and EXIM will hold an official signing of a memorandum of understanding (MoU) in the near future, according to a press release. “We welcome the proposed MOU and would like to see more investment and participation of US businesses in our infrastructure, energy, transportation and telecommunication projects," said Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan in the statement. EXIM president and chairman Kimberly A. Reed said the investment opportunity could include wireless communications technology such as 4G+ or 5G, as well as health care, broadcasting and other options that could be supported with US goods and services. “EXIM is committed to enhancing the economic cooperation between our two countries, and the MoU will affirm our commitment to diverse potential projects in Indonesia,” she said. “We intend to work together to promote investment and business development opportunities, leading to potential benefits for the US and Indonesian workers and businesses.” The US delegates also participated in the Entrepreneurship Roundtable with the Indonesian Chamber of Commerce and Industry (Kadin), focusing on areas of economic opportunity, and held meetings with Bank Indonesia and the Communications and Information Ministry. The agreement took place as part of a trade engagement trip by a United States delegation to the Indo-Pacific region. It will visit Indonesia, Vietnam and Myanmar. Earlier this year, EXIM met with representatives from the Association of Southeast Asian Nations, discussing ways to further export US goods and services to the region. They also underscored the role of EXIM in US$110 billion infrastructure development in the region. (eyc)



 

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US extends GSP facilities for 700 Indonesian export products​

1st Nov 2020 17:29
US extends GSP facilities for 700 Indonesian export products


Jakarta (ANTARA) - The US government has officially extended the Generalized System of Preferences (GSP) facilities for 700 Indonesian export products, Indonesian Foreign Minister Retno Marsudi said in a virtual press conference on Sunday.

The US extended the GSP facilities after the US Trade Representative (USTR) had since March 2018 evaluated GSP facilities granted to recipient countries including Indonesia.

"GSP is a trade facility in the form of import duty exemption the US government has granted unilaterally to developing countries in the world since 1974. Indonesia received the GSP facilities from the US for the first time ever in 1980," she said.

She said the Indonesian government has taken proactive steps to follow the process of import duty exemptions at various meetings with the US government representatives, including that with the US Secretary of State Michael Richard Pompeo during his visit to Indonesia late October 2020.

"Indonesia has always raised the GSP issue at all meetings with the US. During the US Secretary of State's visit to Indonesia three days ago, we discussed again the GSP issue both at the bilateral meeting with me and during a courtesy call on the Indonesian President," she said.

Meanwhile, Indonesian Deputy Foreign Minister Mahendra Siregar said Indonesia will likely be the only Asian country to receive the extension of GSP with reduction or cut from the US.

In the post-evaluation, 3,572 export products have been listed in the 8-digit US Customs and Border Protection (CBP) or HS 8-digit receiving the GSP facilities. Of the total, 729 are export products from Indonesia.

"Indonesian export products receiving GSP facilities in 2019 came from 729 products out of 3,572 products receiving the GDP preferential tariff," Retno said.

She noted a rise in the value of Indonesian exports to the US using the GSP facilities this year.

"Indonesia's exports to the US using the GSP facilities from January to August 2020 were valued at US$1.87 billion (nearly Rp27.3 trillion), up 10.6 percent compared to the same period a year earlier,” the minister said.

According to data from the US International Trade Commission (USITC), Indonesia's exports using the GSP facilities to the US last year reached US$2.61 billion (nearly Rp38.2 trillion), or 13.1 percent of Indonesia's total exports to the US standing at US$20.1 billion (about Rp293.86 trillion).

Related news: President optimistic of Indonesia securing GSP extension from US
Related news: Indonesia, US trade balance can potentially record deficit: Ministry
Related news: Indonesia's trade balance posts US$2.4 billion surplus in September

Translated by: Genta Tenri M/Suharto
Editor: Sri Haryati

 

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At least the US has learn more about transactional policy of ours and their very own president
 

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Pertamina ensures strategic projects running despite pandemic​

1st Nov 2020 15:44
Pertamina ensures strategic projects running despite pandemic


Jakarta (ANTARA) - State-owned oil company PT Pertamina (Persero) has ensured the running of strategic investment projects for national energy resilience and self-sufficiency, despite the triple economic shocks of coronavirus.

Pertamina Vice President for Corporate Communication Fajriyah Usman said in a statement here on Sunday, Pertamina stood on its commitment to run the strategic projects to increase oil and gas production and other energy products in the next few years, despite the triple economic shocks of COVID-19 pandemic that has hindered its operation in the field.

Among the strategic projects in the upstream sector are Jambaran-Tiung Biru Project managed by PT Pertamina EP Cepu, which has successfully conducted rigless perforating using Smart Coiled Tubing Unit in Jambaran East and exploration of two wells in Jambaran Central.

"The project is expected to produce gas from Jambaran-Tiung Biru field with average sales gas production of 192 mmscfd and onstream target in 2021," Fajriyah said.

Exploration activities in the northern coast of West Java by PHE ONWJ has continued to run, she said.

The exploration of KLD-3 well is targeted to contribute to the increase of production and reserves in December 2020.

In other business sector, she said, Pertamina has continued its oil refinery development projects by PT Kilang Pertamina Internasional, including the US$6.5 billion Refinery Development Master Plan (RDMP) Balikpapan and Lawe-Lawe project, one of Pertamina's six refinery mega projects.

The project is expected to improve refinery capacity and products quality, and cut the basic price of fuel production that will increase foreign exchange and tax revenue.

"The RDMP Balikpapan project is 22.26 percent completed as of October 2020. It was run under a stringent health protocols. The project will stimulate the country's economic recovery program as it absorbs more than 5 thousand workers," she said.

To ensure the capability of storing and distribution facility, Pertamina has continued the storage tanks development projects in its fuel oil and gas terminal, and maintenance of 280 ships.

The company, Fajriyah said, would ensure that it meet the requirement of domestic component level (TKDN) in its projects. As of the first semester of the year, Pertamina's TKDN has reached 54 percent.
Related news: Pertamina president director crowned world's 16th most powerful woman
Related news: Pertamina assures public of safe fuel supplies despite COVID-19


Translated by: Afut S Nursyirwan, Sri Haryati
Editor: Suharto

 

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Comprehensive e-commerce ecosystem key to boosting Indonesia’s digital economic growth​

SEBASTIAN PARTOGI
THE JAKARTA POST
Jakarta / Wed, November 4, 2020 / 08:53 pm
Comprehensive e-commerce ecosystem key to boosting Indonesia’s digital economic growth

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Tokopedia recently announced its ambition of transforming into what it calls a “Super Ecosystem.” (Courtesy of/Tokopedia)
Various statistics have shown that the e-commerce sector has been contributing significantly to the Indonesian economy over the years, most significantly in giving micro, small and medium enterprises (MSMEs) a much-needed boost.
Data recorded in 2019 by market and consumer data firm Statista, for instance, revealed that the e-commerce sector had contributed additional revenue of US$30.2 million to the national economy.
Meanwhile, the Institute for Demographic and Poverty Studies (IDEAS) revealed in the same year that the e-commerce sector had boosted national economic growth by 2.8 percent. IDEAS also revealed that simultaneously, the sector contributed 22 percent to the creation of new jobs during the same year.

Furthermore, a 2019 study by the Centre for Strategic and International Studies (CSIS) revealed that merchants who partnered with e-commerce platforms enjoyed a 12 percent profit boost in their operations, simply by tapping into the wider consumer base that these platforms have.

“By partnering with these e-commerce platforms, these merchants can also boost their online presence. These merchants also enjoy greater flexibility of selling their products regardless of geographical boundaries,” CSIS research assistant Adinova Fauri told The Jakarta Post on Oct. 30.

“Our research studies have also revealed that MSMEs were among those that benefited most from these digital platforms, as tapping into the e-commerce platforms helped them to increase their sales figures dramatically,” he said.

Adinova said the think tank had not yet conducted any studies gauging the impact of the accelerated consumer adoption of online shopping during the COVID-19 pandemic on the economic performance of these e-commerce platforms.


But he made an intelligent guess, “Now, as people try to avoid shopping in public spaces like shopping malls as much as they can, I believe that the e-commerce sector can serve as one of the backbones of our national economy during the pandemic.”

Indonesia already has a competitive advantage in terms of its huge middle-class chunk; local e-commerce platforms just need to make continuous efforts to make sure they have a strong ecosystem to ensure sustainable growth, according to Adinova.

Apparently, a lot of homegrown e-commerce platforms seem to want to seize this opportunity by building bigger ecosystems involving relevant stakeholders to tap into more business partners and consumers to create an even bigger multiplier effect for the Indonesian economy.

One of them is Tokopedia. Recently, it announced its ambition of transforming into what it calls a “Super Ecosystem.”

“We define a Super Ecosystem as a comprehensive infrastructure to support and collaborate with various strategic partners to grow together. [This way, we can] accelerate the process of leveling the digital economy playing field in the country,” Tokopedia corporate communications vice president Nuraini Razak said.

The elements that Tokopedia has been taking – and will always continue to take to demonstrate its commitment to building a Super Ecosystem – include expanding on its digital marketplaces and products, amping up on logistics and fulfillment centers, as well as strategic partnerships.

“For instance, in 2019 Tokopedia officially acquired Bridestory, a reputable wedding marketplace platform which connects brides- and bridegrooms-to-be with tens of thousands of well-curated vendors,” Nuraini wrote in an email.

It had also acquired Parentstory, a marketplace with a trustworthy membership system which helps parents look for and try out various activities for their children, according to Nuraini.

She continued that currently Tokopedia had already ventured into providing 42 new types of daily bill payment services through which users can pay their phone credit, insurance premium, water, electricity bills and even taxes.

Adinova explained that the acquisition and business divergence strategy offered a win-win solution for both the big platforms and the smaller marketplaces in their efforts to expand their businesses.

“By making these acquisitions, the big platforms will benefit from the so-called ‘network effect’ - acquiring the smaller marketplaces will result in much more diverse types of products being sold on their platforms, attracting a wider range of consumers as a result,” Adinova said.

He went on to say that having a wider range of consumers would also make homegrown e-commerce platforms appear more attractive to investors, since a big consumer base translated to profitability. Smaller marketplaces, meanwhile, could boost their income by tapping into the big platforms’ consumer base.

.
. (Courtesy of/Tokopedia)

Still in the realm of diversifying its products and services, Tokopedia is focusing on working together with local MSMEs – the other essential backbone of the Indonesian economy (according to data from thejakartapost.com, MSMEs accounted for 60 percent of Indonesia’s gross domestic product (GDP).

“[As of September 2020], the Tokopedia platform comprised more than 9.4 million sellers marketing more than 350 million products, serving more than 100 million active users per month across 98 percent of districts in Indonesia. About 86.5 percent of these sellers are emerging businesspeople who have just started their own businesses,” Nuraini explained.

She added that the majority of these emerging new businesspeople were housewives, university students as well as former employees who had already resigned from their corporate jobs: “These people have reinvented themselves as new MSME players.”

Adinova, meanwhile, also said local e-commerce platforms had also done their share to solve various logistics and distribution challenges for many Indonesian MSME businesspeople, by setting up fulfillment centers (locally known as pengepul), significantly bringing operational costs down for these businesses.

Tokopedia also has such fulfillment centers called TokoCabang in Jakarta, Bandung in West Java, Surabaya in East Java, Makassar in South Sulawesi, Palembang in South Sumatra and Medan in North Sumatra.

The merchants can just consign their products in these fulfillment centers and the Tokopedia team will just take care of the whole distribution process, with the aid of big data analytics and artificial intelligence.

Thanks to the state-of-the-art technology it uses, Tokopedia’s analytics provides merchants with insights into consumer trends, helping merchants stockpile their products in the centers all the while.

Regarding Tokopedia’s provision of daily bill payment services mentioned above, the new services are but a few new innovations that it has coined to make financial matters more convenient for Indonesians and accelerate financial inclusion by venturing into fintech as well.

For instance, it has encouraged the general public to invest through its Tokopedia Emas (gold) and Tokopedia Reksa Dana (mutual funds) services.

The subject of fintech takes us to a discussion about several aspects that various stakeholders still need to constantly pay attention to in order to sustain Indonesia's economic growth through e-commerce.

Access to banking is one. This is important especially for MSMEs, since about 23 million local MSMEs are still not bankable. Currently, there are more than 60 million MSME entities in Indonesia.

“E-commerce requires you to transfer your money via bank accounts and use credit cards to pay for things, which makes bankability and financial literacy highly important. Thankfully, right now payment applications also help bridge these small businesspeople to online transaction and e-commerce services,” Adinova said.

Another aspect that needs to be improved is Indonesia’s internet infrastructure and technology to help people, especially in remote and deprived areas, to access these services, “Indonesia’s internet penetration level stands at only 64 percent, which is relatively low,” he explained.

Finally, beyond technology, there is the trust factor.

“For instance, e-commerce platforms have to devise concrete mechanisms to protect their merchants from potential fraud committed by consumers, Adinova said.

“All this time, we have focused too heavily on how to protect the consumers but we’ve forgotten about strict measures that we should take to protect the producers as well, such as how to guarantee the producers’ money in cases of consumer fraud,” he continued.

Nuraini, meanwhile, said that for the next 10 years, Tokopedia would continue to pay attention to these things on its way of making its “Super Ecosystem” dream come true, to serve its consumers better and contribute to Indonesia’s economy, aligned with its motto #SelaluAdaSelaluBisa (Always Present, Always Reliable).
 

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Bukalapak Establishes Strategic Partnership with Microsoft to Enhance Indonesian E-commerce​


Nov 3, 2020 | Microsoft Indonesia
Jean-Philippie-Courtois-L-Haris-Izmee-C-Rachmat-Kaimuddin-R

Partnership agreement between Microsoft represented by Haris-Izmee, President Director of Microsoft Indonesia (center) and Rachmat Kaimuddin, CEO of Bukalapak (right). The signing is witnessed by Jean-Philippe Courtois, Executive Vice President and President, Microsoft Global Sales, Marketing and Operations (Left)
Microsoft Bukalapak Logos
Bukalapak will adopt Microsoft Azure as its preferred cloud platform.
Microsoft will make a strategic investment in Bukalapak

Jakarta, 03 November 2020. – Microsoft and Bukalapak, one of Indonesia’s leading e-commerce platforms, have formed a strategic partnership to reshape how e-commerce is conducted in the country. Kicking off the collaboration between the two companies, Bukalapak will adopt Microsoft Azure as its preferred cloud platform and Microsoft will make a strategic investment in Bukalapak.
The partnership will leverage Microsoft’s expertise in building a resilient cloud infrastructure to support Bukalapak services for more than 12 million micro, small and medium enterprises, and 100 million customers.
“This partnership signals a deep collaboration with Microsoft on an array of technology projects that will transform the technology-driven commerce solutions and operations solution and operations in Indonesia,” said Rachmat Kaimuddin, CEO of Bukalapak. “As a global technology leader, Microsoft’s confidence with Bukalapak highlights our position as the leading homegrown technology player in Indonesia and our continued objective to create a positive impact on our country and customers.”
Through this partnership, Bukalapak and Microsoft will collaborate on key initiatives including:
  • Building resilient infrastructure – Bukalapak will adopt Microsoft Azure as its preferred cloud platform to support its more than 6 million online merchants, 6 million offline merchants and 100 million customers.
  • Bridging the digital gap – The companies will explore opportunities to help make the digital world relevant for every individual daily.
  • Skilling – Providing digital skills training for Bukalapak employees and their merchants.
“Bukalapak and their services have had real and enduring impact on Indonesian society, and their innovation mindset in a rapidly changing market will create new opportunities for merchants, businesses and consumers,” said Haris Izmee, President Director of Microsoft Indonesia. “We are excited to empower Bukalapak with a trusted cloud, that allows them to scale their customer experience on Microsoft Azure. Through this partnership, merchants and consumers will have a more efficient and reliable buying and selling experiences, which in turn, creates business resilience and helps in accelerate growth in the Indonesian digital economy.”
As a leading e-commerce platform in Indonesia, Bukalapak was founded with the singular mission of empowering Indonesia through digital technology. The company also offers financial services and payment options for its users, including but not limited to, gold and mutual funds’ investments, bill payments and credit services. They aim to transform the economy beyond e-commerce, by digitalizing traditional warungs (mom and pop kiosks) so every business in Indonesia has access to the online economy.
====//====
About Bukalapak
We are an Indonesian-based technology company with focuses on helping create a fair economy for all. Through our online and offline commerce platforms, we want to provide everyone with options and opportunities to get more out of life.
Since 2010, we have been serving more than 6 million online sellers, 6 million Mitra Bukalapak, 100 million users and became a unicorn in 2017. In completing our services, in 2016 we launched our B2B e-procurement line through Buka Pengadaan Indonesia (BPI). In 2019, BPI acquired 500 buyers and 5.000 purchase orders with an average value per transaction of Rp 150 million.
We have also been going above and beyond to contribute to the growth of Indonesian MSMEs, which led the Government to award the Satyalancana Wira Karya Medal of Honors for our Founders, Achmad Zaky in 2016 and Fajrin in 2019 for their contributions to the nation.
Other forms of recognitions we have obtained include ranking 14th in Financial Times’ list of High Growth Companies in Asia Pacific , HR Asia’s Best Companies To Work For in 2019 – 2020, and The Best Contact Center Indonesia 2018 and 2019 by the Indonesia Contact Center Association (ICCA).

 

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Lowest point of economic crisis passed and recovery begun: KSP​

48A0466F-4828-4783-AF00-23988E813B54.jpg

Thus, there will be a significant economic improvement, and this can be a good capital to move into the fourth quarter of 2020

akarta (ANTARA) - The Indonesian economy had surpassed its lowest point and currently begun showing signs of a recovery, according to the Presidential Staff Office (KSP).

Main expert of Deputy III at KSP Edy Priyono made the statement in Jakarta, Thursday, while speaking in connection with Indonesia's economic growth in the third quarter of 2020 recorded at -3.49 percent on an annual basis (year-on-year or yoy).

Priyono noted that despite the third-quarter economic growth in 2020 still being negative on an annual basis, when a quarter-to-quarter (qtq) comparison was made, the economy grew by 5.05 percent.

Meanwhile, cumulatively, Indonesia's economic growth during the first to third quarters of 2020 had contracted by 2.03 percent as compared to the corresponding period in 2019.

"Thus, there will be a significant economic improvement, and this can be a good capital to move into the fourth quarter of 2020," Priyono remarked.

Annual economic growth (yoy) in the third quarter of 2020 as compared to the second quarter of 2020 also showed an improvement owing to the smaller level of contraction. In the second quarter of 2020, the annual economic contraction had reached -5.3 percent.

Priyono noted that the current vital aspect is a means to ensure that further policies can be effective to restore the economy.

"The government's strategy to design several programs in the National Economic Recovery (PEN) is the right step forward. In addition, it continues to encourage government spending," he remarked.

This is in accordance with the counter-cyclical policy to fight the economic slowdown. He explained that when the economy is sluggish, the government spending can become a mainstay to boost the economy, so that it can reverse the cycle of economic slowdown.

Priyono noted that the counter-cyclical policy should continue to be applied till full economic recovery is realized.

In addition, he called to encourage the upper-middle class group to boost consumption.

"So far, it is suspected that they have put a lot of their money into savings. The government needs to support it by enforcing the rules on health protocols, since the upper-middle class group will only want to go out and shop (physically) if it feels safe,” he explained.

Priyono stated that the government had, until now, remained consistent in handling the impact of COVID-19 through various measures.

The first area of focus was health by controlling the spread of COVID-19, increasing the cure rate, and reducing the death rate. The second aspect was prioritizing social protection by maintaining the people's purchasing power, while the third aspect was maintaining the economic and financial sectors to the utmost extent, so that the business world can continue to recover.


Better economic growth

During the COVID-19 pandemic, Priyono pointed out that Indonesia's economic growth was also better than several other countries.

Based on the BPS data, countries whose economic growth in the third quarter of 2020 was better than Indonesia comprised China, at 4.9 percent; Taiwan, 3.3 percent; and Vietnam, 2.62 percent.

South Korea and the United States were also slightly better than Indonesia, although the 2020 third-quarter growth of the two countries was also still negative, at -1.3 percent and -2.9 percent, respectively.

Related news: Realization of economic recovery funds has reached Rp366 trillion: PEN

Related news: Indonesia's economic growth shows improvement in 3rd quarter: Jokowi


However, several other countries experienced a deeper contraction than Indonesia in the third quarter of 2020, including Singapore at -7 percent, and Mexico, -8.58 percent.

"If you look at this comparison, Indonesia's growth is quite good. The most important aspect is that our growth in the third quarter of 2020 was better than that recorded in the second quarter of 2020, thereby indicating that we are gradually moving towards economic recovery," he affirmed.

 

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Deputy Minister sees off swallow's nests exports to China​

7th Nov 2020 18:19
Deputy Minister sees off swallow's nests exports to China


Medan, North Sumatra (ANTARA) - Deputy Minister of Trade, Jerry Sambuaga, here on Saturday flagged off shipments of swallow's nests to China and cassava chips to South Korea, valued at Rp27.29 billion, from North Sumatra.

“The government appreciates businessmen who are still enthusiastic about increasing their exports in the midst of the COVID-19 pandemic, as did PT Ori Ginalnest Indonesia and PT Alpha Gemilang Sejahtera,” he remarked.

PT Ori Ginalnest Indonesia’s export consignment to the People's Republic of China (PRC) comprised swallow's nests worth Rp24.29 billion, while PT Alpha Gemilang Sejahtera shipped cassava-based products worth Rp3 billion to South Korea.

President Joko Widodo is paying more attention to increasing exports as it could boost foreign exchange earnings, help retain workers, and introduce Indonesian products, including those produced by MSMEs, to other markets, Sambuaga said.

"The most encouraging thing is that Indonesia's first foreign trade balance is today (Saturday, red) a surplus of US$13.5 billion. It could still be a surplus amid the COVID-19 pandemic," he pointed out.

North Sumatra has made a large contribution to the total value of Indonesia's exports, he remarked.

The Governor of North Sumatra, Edy Rahmayadi, said the provincial government is ready to assist exporters, especially MSMEs.

"As the Governor of North Sumatra, I am ready to help entrepreneurs, including responding to complaints of cassava processed product entrepreneurs about limited land for planting cassava," he added.

PT Ori Ginalnest Indonesia CEO Rusianah said swallow's nest is one of the commodities whose exports have not been affected by the COVID-19 pandemic.

"The export volume of Ori Ginalnest Indonesia until October, 2020 was 28 tons, compared to 26.6 tons in 2019," he said.

President director of PT Alpha Gemilang Sejahtera, Ujiana Sianturi, said the demand for cassava products is quite good, especially from Malaysia and South Korea.

Related news: Indonesia to showcase swallow nest at China Import Expo
Related news: 80 percent of swallow nest in China imported from Indonesia




Translated by: Evalisa Siregar, Fardah
Editor: Rahmad Nasution

 

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Deputy Minister sees off swallow's nests exports to China​

7th Nov 2020 18:19
Deputy Minister sees off swallow's nests exports to China's nests exports to China


Medan, North Sumatra (ANTARA) - Deputy Minister of Trade, Jerry Sambuaga, here on Saturday flagged off shipments of swallow's nests to China and cassava chips to South Korea, valued at Rp27.29 billion, from North Sumatra.

“The government appreciates businessmen who are still enthusiastic about increasing their exports in the midst of the COVID-19 pandemic, as did PT Ori Ginalnest Indonesia and PT Alpha Gemilang Sejahtera,” he remarked.

PT Ori Ginalnest Indonesia’s export consignment to the People's Republic of China (PRC) comprised swallow's nests worth Rp24.29 billion, while PT Alpha Gemilang Sejahtera shipped cassava-based products worth Rp3 billion to South Korea.

President Joko Widodo is paying more attention to increasing exports as it could boost foreign exchange earnings, help retain workers, and introduce Indonesian products, including those produced by MSMEs, to other markets, Sambuaga said.

"The most encouraging thing is that Indonesia's first foreign trade balance is today (Saturday, red) a surplus of US$13.5 billion. It could still be a surplus amid the COVID-19 pandemic," he pointed out.

North Sumatra has made a large contribution to the total value of Indonesia's exports, he remarked.

The Governor of North Sumatra, Edy Rahmayadi, said the provincial government is ready to assist exporters, especially MSMEs.

"As the Governor of North Sumatra, I am ready to help entrepreneurs, including responding to complaints of cassava processed product entrepreneurs about limited land for planting cassava," he added.

PT Ori Ginalnest Indonesia CEO Rusianah said swallow's nest is one of the commodities whose exports have not been affected by the COVID-19 pandemic.

"The export volume of Ori Ginalnest Indonesia until October, 2020 was 28 tons, compared to 26.6 tons in 2019," he said.

President director of PT Alpha Gemilang Sejahtera, Ujiana Sianturi, said the demand for cassava products is quite good, especially from Malaysia and South Korea.

Related news: Indonesia to showcase swallow nest at China Import Expo
Related news: 80 percent of swallow nest in China imported from Indonesia




Translated by: Evalisa Siregar, Fardah
Editor: Rahmad Nasution


How much does Indonesia earn on average each year from this export?
 
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