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November, 2017 | Vol. 7 No. 11


Indonesia - Iran Agree to Enhance Cooperation on Science and Technology Innovation Page A4



Minister Budi Karya Assures LRT Sumsel will Fully Operate in May 2018

PATA Motivates Young Generation on Tourism through PATA Indonesia Youth Forum Page A7

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Rank of Indonesia’s Ease of Doing Business Jumps 19 Levels The rating of Indonesia’s ease of doing business (EODB) has improved significantly. This month, Indonesia is on the position of 72 or jumps 19 levels from the last month’s rank. The increase indicates it is easier to take care of investment licensing in Indonesia. Unfortunately, despite the increase, the position is still far below what has been targeted by President Joko Widodo (Jokowi) at the 40th. “Indonesia is accelerating the pace of reforms in the recent years and its effort paid off. We praise the government’s determination to improve the business climate in Indonesia,” said World Bank Country Director Rodrigo A. Chaves in Jakarta on Wednesday (11/1).

There are several aspects that influence the increase in the rank, such as the cost of starting business which is now more affordable, the cost to get electricity network installation which is cheaper by reducing the installation and cable certification fees. Aside of that, the access to get credit is increasing as well with the presence of new credit channeling institutions. The international trading is also getting better with the electronic billing for taxes, customs and non-tax revenues. The impact is the time to get, prepare, process and send documents for import drops from 133 hours to 119 hours. The time to get the business permit is shortened too. In 2004, it needed 181 days to get the permit. Now it only needs 22 days. Unfortunately, there are still too many procedures in registering the business. Investors have to go through 11 procedures to register their businesses, while in the developed countries they only need five procedures only. (JWP/TPP)

Quote Of The Month

“To be advanced is a lot of challenges and obstacles.Sat a minute two minutes allowed, but after that must rise again” President Joko Widodo

In 3 Years Jokowi Builds 568 Kilometers of Toll Roads, Here are the Data On October 20, 2017, President Joko Widodo and Vice President Jusuf Kalla have governed Indonesia for three years. One of their achievements in three years is the construction of 568 kilometers of toll roads across Indonesia. This is a spectacular record never had done before by the previous presidents of Indonesia. The incessant infrastructure development undertaken by the current government aims at lowering the high cost of logistics. The infrastructure development, especially the toll roads, has become the government’s priority in promoting the regional equality and boosting the national economy. When Jokowi took the presidential office, Indonesia only had 780 kilometers of toll roads. According to Viktor Sirait, Commissioner of PT Waskita

Karya, the rapid development of infrastructure, especially the toll roads in the Jokowi era, proves that with hard works and determination it can be done. “In 3 years the government has built 568 kilometers of toll roads, compare it with the only 780 kilometers built from the Independence Day to the three years ago,” said Viktor. He added the increasing number of the toll roads all over Indonesia will increase the competitiveness of the country. “In the future, people will soon get the benefits economically from this infrastructure development,” Viktor said.

Data from the Toll Road Regulatory Agency (BPJT), by the end of this year 12 more toll roads will be opened. They are 2 toll roads of Trans Sumatera, 4 segments of non-Trans Java, and the rest are the sections of Trans Java. Here are the toll road data that have been and will be inaugurated: 2015 (132 km) Porong-Gempol: 3.55 km, Gempol-Pandaan: 12.05 km, Cikampek-Palimanan: 116.75 km 2016 (44 km) Surabaya-Mojokerto Section IV:

18.47 km, Pejagan-Pemalang Section 1 & 2: 20.2 km, Kertosono-Mojokerto Section 3: 5,02 km 2017 (124.9 km) Tanjung Priok Access: 11.4 km Gempol-Pasuruan Section 1: 15.7 km, Kertosono-Mojokerto Section 2: 19.9 km, SemarangSolo Section 3: 17.6 km, MinerIndralaya Section 1: 7.75 km, Medan-Binjai Section 2-3: 10.45 km, Medan-Kualanamu-Tebing Tinggi Section 2-6: 42.1 km Scheduled to operate by the end of 2017: October 2017 Bekasi-Cawang-Kampung Melayu Section of IB-IC (segment of Pangkalan Jati-Jakasampurna) 8.24 km, Surabaya-Mojokerto Section lB-III (Sepanjang-Krian) 15.47 km November 2017

Soreang-Pasirkoja Section 1-2: 8.15 km, Bakauheni-Terbanggi Besar Package 1 (Segment IC Bakauheni Port-Bakauheni): 8.90 km December 2017 Bakauheni-Terbanggi Besar Package 2 (Segment KotabaruLematang): 5.03 km, Solo-Mantingan-Ngawi: 87.19 km, Pejagan-Pemalang Section III-IV (Brebes Timur-Pemalang): 37.30 km, Ngawi-Kertosono Section IIII (Ngawi-Wilangan): 52.57 km, Batang-Semarang Section I (Batang-East Batang): 3.20 km, Palembang-Indralaya Section 2-3 (Pamulatan-Simpang Indralaya): 14,18 km, Cinere-Jagorawi Section 2 (Raya Bogor-Kukusan): 5.5 km, Ciawi-Sukabumi Section I (Segment Ciawi-Caringin): 7.3 km, Pemalang-Batang (Sewaka-IC Pemalang): 6 km (TGR/TPP)

Building 12 Special Economic Zones, RI Attracts Investments at Rp221 T The President Joko Widodo (Jokowi) Administration has development 12 Special Economic Zones (SEZs) throughout Indonesia. The investments booked for the 12 SEZs reached a fantastic value of Rp221 trillion until the end of July 2017. Coordinating Minister for Economic Affairs Darmin Nasution said to improve the welfare of the community, the government develops physical and industrial infrastructure as the basis for the society to do businesses. For the industrial infrastructure, the government has set up the industrial estates, SEZs, and national strategic tourism areas. “The SEZ and tourism are united in one location called Mandalika. The government together with the business com-

munity and the local government have been developing three other areas like that,” said Darmin during the inauguration of SEZ Mandalika, Central Lombok, on Friday (10/20). According to Darmin, 12 SEZs have been set up by the government. They consist of eight SEZs for manufacturing

and four SEZs for tourism. Out of the 12 SEZs, four are already operating, i.e. SEZ Sei Mangkei, SEZ Tanjung Lesung, SEZ Palu, and SEZ Mandalika. “It is expected that by the end of this year, there will be two more SEZs in operation, namely SEZ Lhokseumawe and SEZ Galang Batang, Bintan, while

six more SEZs will be open in the first half of 2018,” he explained. The six SEZs are SEZ Kuala Tanjung in North Sumatera, SEZ Pulau Asam Karimun in Riau Islands, SEZ Merauke in Papua, SEZ Melolo in East Nusa Tenggara (NTT), SEZ Nongsa in Batam and Bangka Island Tourism Area. Darmin further said that the investments flowing into the 12 SEZs are quite promising. Until the end of July, he added, the value of committed investments in the 12 SEZs reached Rp221 trillion. The government targets to establish 25 SEZs until 2019. “In 2030 the investment in the SEZs may reach Rp726 trillion,” said the former Governor of Bank Indonesia (BI). To accelerate the realization of 25 SEZs and attract more invest-

ments, the government has issued the Presidential Regulation (Perpres) Number 91 Year 2017 on the Ease of Business Acceleration Policy. With this policy, the investors who will invest in SEZs are given various incentives and facilities, so they can immediately realize their investment plans. “The ease of business is expected to be utilized by the investors. It is one of the instruments to get the outside Java regions out of their lagging development,” said Secretary of National Council of SEZs, Enoh Suharto Pranoto. The SEZs aim to accelerate the development, especially outside Java, and reduce the interregional gaps, as well as increase the value added and value chain on the raw materials or natural resources. (LPT/TPP)

A2 | November, 2017 | Vol. 7 No. 11


President Jokowi Calls on Emir of Qatar to Increase Investment in Indonesia

After 29 Years Stalled, President Jokowi Inaugurates KEK Mandalika Lombok After 29 years being postponed, the operation of Special Economic Zone (KEK) for Tourism Mandalika, Kuta Beach, Central Lombok Regency, West Nusa Tenggara (NTB), was finally inaugurated by President Joko Widodo (Jokowi) on Friday (10/20) morning before noon. On that occasion, President Jokowi suggested the buildings in the KEK Mandalika to be different with the ones in Bali or other tourism areas. “We have a good architectural power from the Sasak tribal houses. We should accentuate the house characters in the buildings here. Do not build Spanish model buildings,” said President Jokowi after inaugurating the operation of the KEK

Mandalika, in the Kuta Beach Lombok Island, Central Lombok, NTB Province. The president also called on PT Indonesia Tourism Development Corporation (ITDC), State-Owned Enterprise (SOE) which manages the KEK Tourism Mandalika, to arrange the souvenir market. “Do not let people to set up their stalls by their own. It will be unorganized and slum. Prepare the land plot for the souvenir market so that the local people can enjoy the existence of this area,” he added. Meanwhile to the Minister of Tourism, President Jokowi asked him to pay more attention to the matters related to restaurants and homestays. “Please encourage the own-

ers to have clean toilets, better yet if meeting the international standard, while it’s just starting,” the president said, adding that the arrangement should be well planned and well executed. “We want this to become a great area for Indonesian tourism that will have an impact to the NTB,” he said. President Jokowi also asked the governor, the regent, and the Danrem (local military command) to reforest the hill in the east area of Mandalaika to make it look green and more beautiful. “ITDC is responsible for this problem. Ask how many plants do you need and I will send them,” said President Jokowi. The president said that he

President Jokowi has said that the visit of Nigerian President Issoufou Mahamadou to Indonesia was very historical. Issoufou is the first Nigerian president visiting Indonesia, after the two countries established the diplomatic relation six years ago. “The two countries’ populations are Muslims in majority, so President Issoufou’s visit is important in encouraging Islam which is rahmatan lil ‘alamin, Islam with moderation and tolerance values, and cooperation to promote Muslims, both in the Islamic organizations and bilateral cooperation,” said President Jokowi when he started his press conference with Nigerian President Issoufou Mahamadou at the Merdeka Palace, Jakarta, on Monday (10/16). He asserted that Africa is one

of Indonesia’s foreign policy priorities. To that end, President Jokowi considers the intensity of cooperation with Nigeria become very important. According Jokowi, he and President Issoufou have discussed the efforts to increase the economic cooperation in infrastructure, strategic industries, energy, engineering and human resources. “In the infrastructure sector, I support the People’s Housing Development plan for the people in Nigeria, in this case PT WIKA will see first-hand the potentials of the existing projects in Nigeria,” said the president. The two presidents also agreed to begin discussions in the strategic and energy industries. Regarding the technical cooperation, Jokowi said, Indonesia has experiences that can

believed the KEK Mandalika will provide great benefits to the people of NTB because they will be able to sell the souvenirs they made or operating homestays. Besides the KEK Mandalika is expected to provide 58,000 jobs. “The big investments running now are for 8 hotels worth Rp18 trillion. We hope to triple it, so the region will grow,” said President Jokowi. Also attending the occasion were Coordinating Minister for Economic Affairs Darmin Nasution, Tourism Minister Arief Yahya, Cabinet Secretary Pramono Anung, State Owned Enterprises Minister Rini Soemarno, and NTB Governor Muhammad Zainul Majdi. (SETKAB/TPP)

Two MoUs Signed, President Jokowi: The Intensity of Cooperation with Nigeria is Very Important

be shared with Nigeria. “Indonesia will be happy to offer the technical cooperation, such as in agriculture, fisheries, education, small and medium enterprises, as well as in health and family planning,” said President Jokowi. In trade, President Jokowi and President Issoufou agreed to take steps to reduce the tariff and non-tariff barriers. He further said that Nigeria is a member of the Economic Community of West African States (ECOWAS). To that end, Indonesia also requested the support of Nigeria in the discussion of Preferential Trade Agreement between Indonesia and ECOWAS. “I invite Niger entrepreneurs who want make business deals with Indonesia to attend the Indonesia-Africa Forum in Bali

in April 2018,” said President Jokowi. In the meeting two cooperation agreements (MoUs) were signed, about the visa exemption for the diplomatic and official passports holders and the establishment of a joint commission meeting. “I express my appreciation to His Excellency President Issoufou for the support of Nigeria in the Indonesia’s nomination for the UN Security Council non-permanent members 20192020,” said President Jokowi. The meeting was also attended by Foreign Affairs Minister Retno Marsudi, Minister of State Secretary Pratikno, Cabinet Secretary Pramono Anung, Trade Minister Enggartiasto Lukita, and PUPR Minister Basuki Hadimuljono. (Seskab/ TPP)

President Joko Widodo (Jokowi) has said the visit of the Emir of Qatar, Sheikh Tamim bin Hamad bin Khalifah al-Tsani, to Indonesia was to mark the celebration of 41 years of diplomatic relations between Indonesia and Qatar. According to Jokowi, Seikh Tamim was accompanied by a delegation of big businessmen of Qatar to strengthen the cooperation in infrastructure and tourism, as a follow up from the previous meetings. “Indonesia will continue to encourage Qatar to invest, calling on Qatar to increase its investment in Indonesia,” said Jokowi in a joint press conference at the Bogor Presidential Palace, West Java, on Wednesday (10/18).

“The ongoing cooperation projects are Nebras Power at the PT Paiton Energy worth US$1.3 billion and building a PLTGU worth US$1 billion together with PT Pembangkitan Jawa-Bali, among others,” he added. Jokowi also asked Seikh Tamim to protect as many as 30 thousand Indonesian citizens living in Qatar who are considered to have contributed to development in the country. The former governor of DKI Jakarta also said he has agreed with Qatar to work together to maintain the unity of Muslims in facing various challenges together. “As you can see, we just signed five memoranda of understanding in the formation, joint commission, air transportation, education, youth and sports, and welfare,” he concluded. (SND/TPP)

President Jokowi Holds Groundbreaking of Kulonprogo Airport Development The development of the new airport in Kulonprogo has been accelerated based on the Presidential Regulation (Perpres) No. 98 of 2017 on the Acceleration of Construction and Operation of Airport in Kulonprogro Regency, DIY Province, signed by President Joko Widodo (Jokowi) on October 23, 2017. The groundbreaking of the project was even done earlier on January 27, 2017 by President Jokowi too. The Perpres No. 98 states the Kulonprogi airport will serve domestic and international flights to improve the connectivity, the aviation infrastructure, and to boost the development of the DIY province. “The government assigns PT Angkasa Pura I (Persero) to build and operate the new airport in Kulonprogo Regency, DIY Province,” reads the Article 2 paragraph (1) of this regulation. The assignments include funding, technical planning, land acquisition, construction, operation and maintenance. The construction and operation of the new airport in Kulonprogo Regency consist of: a. Facilities that cover: 1. Safety and security facilities; 2. Air side facilities; 3. Landline facilities, except for the control tower and fuel depot; b. Support facilities; and c. Train station. PT Angkasa Pura I (Persero) in executing the assignments can: a. Partner with other business entities through a selection by following good business rules; and b. Involve the local entrepreneurs who meet the requirements and classification required in accordance with the

provisions of legislation. The funding, according to the presidential regulation, is provided by PT Angkasa Pura I (Persero) in accordance with the legislation. “PT Angkasa Pura I (Persero) carry out the construction of the new airport in Kulonprogo Regency, Yogyakarta Province, gradually and operates it in April 2019,” reads Article 8. Meantime the DIY Governor, Kulonprogo Regent and/or Purworejo Regent in accordance with their respective authorities: a. Adjust the regional spatial plan; b. Approve the utilization of land and air space for the construction and operation of the new airport in Kulonprogo Regency; c. Facilitate the licensing, location determination and other supports required by PT Angkasa Pura I (Persero); d. Supervise and control the environment by handling the animal hazards and other activities may interfere with the flight safety; and e. Conduct the development and maintenance of the tsunami early warning system and tsunami barrier. Through the regulation, the president has commissioned the coordinating minister for economic affairs as the chairman of the Acceleration of the Priority Infrastructure Development Committee to coordinate the acceleration of the development and operation of the new airport in Kulonprogo Regency, DIY Province, and reports to the president at least 1 (one) time in 6 months or anytime when needed. “This Presidential Regulation shall come into force on the date of promulgation,” read Article 18 of the Presidential Regulation No. 98 of 2017, which has been enacted by Minister of Law and Human Rights Yasonna H. Laoly on October 25, 2017. (SETKAB/ TPP)

November, 2017 | Vol. 7 No. 11 | A3

NATIONAL Head of BKPM: Russia Will Invest in Sukhoi Maintenance Business Head of Investment Coordinating Board (BKPM) Thomas Lembong said that Russia will invest in Indonesia on the industry of spare parts as well as maintenance, repair and operation (MRO) for Sukhoi fighters. This is part of the offset liability of at least 85 percent of every purchase of major weapon system equipment. “So, there will be a considerable investment value from Russia to Indonesia to build the spare parts industry as well as the maintenance, repair and operation for Sukhoi. This is an example of a breakthrough in the defense industry sector that has been running poorly,” said Thomas in Jakarta on Monday (10/30). According to him, the government will soon finalize the procurement of Sukhoi Su-35 fighters as many as 11 units. He said that Sukhoi producer

Rostec and its brokerage agent for the Russia’s exported military products, Rosoboron, has agreed on the investment proposal. Thomas explained that the law on defense and the Defense Industry Act require offsets at 85 percent of the procurement.

Industry Ministry and JICA Committed to Develop Potential Industry for the Future

PUBLISHER S. D. Darmono COMMISSIONER Agus Canny, Muljadi Suganda SENIOR ADVISOR Yuwono Sudarsono, Ermaya Suradinata, Sugiharto, Bacelius Ruru, Komaruddin Hidayat, Cosmas Batubara, George Hadi Santoso, Scott Younger, Ali Basyah Suryo, Prof. Budi Susilo Soepandy CHIEF EXECUTIVE OFFICER AND EDITOR IN CHIEF Rachmat Wirasena Suryo EDITORIAL SECRETARY Azzahrotul Muthmainnah HS, Erni S. Bermansyah DEPUTY EDITOR IN CHIEF Arya Mandala, Dhiyan W. Wibowo, Robert J. EDITOR Achmad Fadli, Irvan Ali, Meutia Febrina, Khodijah Febriyani ART DIRECTOR Anton Ristiono WEB MANAGER Reza Partakusuma PHOTOGRAPHER Muhammad Reza SALES AND MARKETING MANAGER Nina Karlita ASSISTANT MANAGER Erni Imansyah BUSINESS DEVELOPMENT Dessy Yulieta SALES AND MARKETING Citra Arinda M., Marmis Rivera, Dwi Yuwanti CUSTOMER RELATIONSHIP Nina Karlita, Dinar, Candra Mata , Marmis Raviera CIRCULATION AND DISTRIBUTION Hariyanto HEAD OF EDITORIAL AND MARKETING BEKASI, CIKARANG, KERAWANG, AND CILEGON Kris Cahyono HEAD OF EDITORIAL AND MARKETING JOGJAKARTA, SEMARANG, SURAKARTA, AND SURABAYA Edi Santoso, Sriyanto THE PRESIDENT POST Menara Batavia 25th floor Jl. KH. Mas Mansyur Kav. 126 Jakarta 10220 Telp. +62 21 579 303 47 Fax. +62 21 572 733 8 PARTNERS

“Out of the 85 percent, 50 percent will be met through a barter while the rest of 35 percent will be fulfilled through the investment contracts,” he added. Thomas also said that the procurement value of 11 Sukhoi Su-35 fighters is US$1.145 billion. (RPBK/TPP)

The Industry Ministry and the Japan International Cooperation Agency (JICA) are working together in the development of potential industries for the medium and long term, such as transportation, electronics and food and beverage. This step is manifested through a study in a number of Indonesian manufacturers, conducted by Nomura Research Institute under the title of “Promotion for Globally Competitive Study” for the period of April 2017-March 2018. “We want to get inputs related to technical collaboration in all three sectors of the industry to up the level,” said Industry Minister Airlangga Hartarto after meeting with Senior Vice President of JICA Shinya Ejima on Wednesday (10/18). The minister said the ongoing study aims to learn the supply chain in Indonesia so that it can be improved to support the respective industries. “We will also survey the small and medium industries (IKM) producing the automotive components in Tegal and Ceper, Central Java, to see how the supply chain is going.” JICA has encouraged the Japanese SMEs to invest in Indonesia in partnership with the local SMEs. In the food and beverage industry, the Industry Ministry will develop the innovation centers, improve the food safety and product packaging. “We will support the post-harvest, packaging, and standardization for export. We think this can expand the market.” Airlangga added the Indonesian commodities in high demand in Japan are cocoa, coffee, and shrimp. To increase their

added value, Indonesia has participated in the Madrid Protocol, which is expected to make it easier to register the brands internationally. “There is also a geographical identification that can promote the products, such as Toraja Coffee and Gayo Coffee.“ In the electronics industry, the ministry is pushing this sector to support the transportation in the future, especially for trains, airplanes and electric cars. In addition to the study, Industry Ministry and JICA have collaborated in three main projects. First, the cooperation in increasing the capacity of LED products. This cooperation is planned for three years in the form of capacity building and aid of test equipment. The objective is to examine the suitability of SNI LED lamps with the market in Indonesia, to increase the cooperation between domestic industry and Japanese industry, and to tighten the su-

Kominfo Pushes Local Startups to Go Public

Learning from the Kioson’s experience in hitting the stock market of IDX, the Ministry of Communication and Informatics (Kominfo) has been encouraging the other local startups to hold an initial public offering (IPO). According to Director General of Informatics Applications (APTIKA) of Kominfo, Semuel Abrijani Pangerapan, IPO will become another option of funding source for the startups that require fund injections other than from the investors. The man who is familiarly called Semmy also said that IPO will provide an opportunity for the community to participate in the start-

up business directly and give a chance to get profit from the purchase of the shares. “It is a way for the startups to get fund and involves the community in the process. They get the chance to increase the profit, for example buying the shares at Rp500 at the IPO then after a while the price becomes Rp10.000. So, this is an investment opportunity for the community,” said Semmy in Jakarta, on Thursday (10/18). However, he added, the problem is there is no way to calculate the valuation of a startup. Its calculation is different with the conventional business. For example, to go public a conventional business has to meet the requirements such as assets and

profits, while the startups do not have them. Therefore, he suggests a formula for calculating the valuation of a startup. Semmy stressed on the technology basis, as well as the application services implemented by the startup. Additionally, the value of the founder or leader of the startup can be measured from their creativity. “They (the stock exchange) have not been able yet to adapt the calculation of technologybased startups valuation. The value can be coming from the technology they create, the applications they develop, or the business concept they offer. People who make this can also be assessed from their ideas or creativity,” added Semmy. He said it is time for the stakeholders to formulate the calculation of a startup’s valuation, so they can go public, maybe by learning from other countries or discussing with the economists. Kioson released its shares to the public as many as 150 million or equivalent to 23.07% of the total capital. This online-to-offline (O2O) service provider tagged the price at Rp300 per share. Kioson is estimated to be able to pocket the IPO fund as much as Rp45 billion. (OKZ/TPP)

pervision on the non-SNI LED circulation. Second, a project to strengthen the industry of metal for construction equipment. Its activities include creating prototype of imported heavy equipment components, as well as industry guidance through supervision and training. The third project is increasing the capacity of cassavabased food processing in Timor Leste. Senior Vice President of JICA Shinya Ejima said that the manufacturing sector in Indonesia must be upgraded to higher level through the sophistication of technology and research so that it has better competitiveness in the global market. “Through this study, we have a dialogue with the related industry players and the results will be finalized next year.” Nagoya At the Indonesia Investment & Business Forum (IIBF) in Nagoya, Industry Minister Airlangga Har-

tarto said that to commemorate the 60 years of diplomatic relations between Indonesia and Japan, it is necessary to celebrate it with an economic cooperation especially in industrial sector. “Nagoya is the biggest investor from Japan in Indonesia with about 100 companies. This city is also a manufacturing center in Japan. For that, we want to establish long term investment cooperation with the investors of Nagoya,” said the minister. The Japan-Indonesia trade in the second quarter of 2017 reached US$14.8 billion or an increase of five percent over the same period in 2016. This year, the total investment of Japan in Indonesia reached US$17 billion in the automotive, electronics, and food and beverages industries. In front of hundreds of Japanese business people, the minister said Indonesia, as one of the G20 countries whose economy

grew five percent in the last four years, is expected to grow more than five percent in the next two to three years. “Indonesia has earned the investment grade accreditation from various international institutions.” Furthermore, Indonesia’s other strength is the largest market in Southeast Asia or controlling up to 50 percent of the total ASEAN countries with a value reaching US$1 trillion from its population of 240 million people. This potential, according to Airlangga, is very good for the business cooperation. “Nagoya is a cluster of major manufacturing industries in Japan, primarily for the automotive and components. We see big companies like Toyota and Mitsubishi have committed to invest in Indonesia and to develop the innovation centers,” he added. According to the minister, the manufacturing industry contributed more than 20 percent to the GDP. This figure ranks Indonesia at fourth after South Korea (29%), China (27%), Germany (23%). Therefore, Indonesia is included in the Top 15 world manufacturing countries. “In the UNIDO data, Indonesia is ranked 9th. This achievement shows that Indonesia has been equal to the countries that are able to develop innovation. We only need to deepen and strengthen the existing industrial structure, and work together with a focus on the technological elements and the future of the two countries,” said Airlangga. (KEMENPERIN/TPP)

Luhut Says Airbus Plans to Open Military Aircraft Repair Facility in Indonesia

Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said the French aircraft manufacturer Airbus plans to open a military aircraft workshop in Indonesia. According to him, Airbus wants to cooperate with PT Dirgantara Indonesia (Persero) to open a maintenance and repair workshop for the military aircrafts. “It will be for military air-

crafts of Airbus C-295 and Airbus A400 M. They consider seriously to cooperate with Dirgantara Indonesia,” said Luhur at his office at the Coordinating Ministry for Maritime Affairs, Jakarta, on Tuesday (10/24). Luhut said that he did not rule out the possibility that Airbus would also open a workshop for commercial aircrafts. The reason is some Indonesian airlines operate Airbus planes.

“They (Airbus) also consider it (opening commercial aircraft repair shop), because we do buy many of their planes. I do not know how many, I think several hundreds,” he said. So far Airbus is still in talks with the government and the discussions will be continued. “Immediately. They came here earlier, and we agreed to have a meeting again. This time it will involve the Ministry of Transportation,” he concluded. (KPS/TPP)

A4 | November, 2017 | Vol. 7 No. 11


Indonesia - Iran Agree to Enhance Cooperation on Science and Technology Innovation

Exploring Business and Investment Opportunities in Bangladesh “It is the best time to invest and run a business in Bangladesh. The bilateral relations between Indonesia and Bangladesh are in a very friendly condition and the cheap labor wages make the opportunity to invest in Bangladesh wide open for the Indonesian entrepreneurs,” Indonesian Ambassador to Bangladesh, Rina Soemarno, said in her speech at the seminar of “Opportunity in the resilient economy of Bangladesh” on Friday (10/13). The seminar, held on the sidelines of Trade Expo Indonesia (TEI) 2017, was attended by more than 70 Indonesian business people and a number of Bangladeshi entrepreneurs who join in the INDOBDCCI (Indonesia-Bangladesh Chamber of Commerce and Industry). Bangladesh has a positive and stable economic growth of between 6.5-7% per annum. Bangladesh is also known as the largest importing country for its domestic needs, about 70% of its total domestic demands. Besides the trade balance of both countries always shows a positive trend to the Indonesian side. The prospective sector with significant growth is energy. Bangladesh will need 10,379 Megawatts of electricity by 2021, and 25,379 Megawatts by 2030. For the coal, Bangladesh will need to import 5,000

million tons per year by 2021, and 21,000 million tons per annum by 2030. While for the natural gas, Bangladesh will have to import 10 million tons per year by 2018, 17.5 million tons per annum by 2025, and 30 million tons per year by 2041. Another promising sector is automotive. Until 2016, the total import of motor vehicles in Bangladesh reached US$2.1 billion. Most of the countries that supply the vehicles to Bangladesh are Japan, South Korea, China, Germany and India. In addition to the import of completely built-up vehicles, the spare parts and tires are also prospective. Almost 99% of motor vehicle parts in Bangladesh are imported. Another sector starting to grow is cosmetics, which in 2016 the halal cosmetics from Indonesia, Wardah, started to enter the Bangladesh market. The markets for the processed food like instant noodles and milk are also growing rapidly. The speakers in the seminar were Indonesian Ambassador to Bangladesh Rina P. Soemarno, Bangladeshi Ambassador to Indonesia Azmal Kabir represented by Executive Director of INDOBDCCI Maimun Ur Rashid Mustafa, Senior Vice President of INDOBDCCI Muhammad Golam Mustafa and Managing Director I of Indonesia Eximbank Dwi Wahyudi. (KEMLU/TPP)

In order to attend the 5th Meeting of Joint Working Group (JWG) on Science and Technology Indonesia - Iran, Minister of Research, Technology and Higher Education Prof. Mohamad Nasir Ph.D, along with his delegates from his office, the Coordinating Ministry for Economic Affairs, Bandung Institute of Technology (ITB) and Gadjah Mada University (UGM) paid a visit to Iran on October 9-12, 2017. During his visit, the minister also held a series of meetings with the presidents of Al Mustafa International University at Qom, Islamic Science Center and Citation (ISC) and Shiraz University of Technology (SUTECH) in Shiraz, Sharif University of Technology (SUT),

Iran Nanotechnology Initiative Council (INIC), Tehran University and the Indonesian people in Tehran and Indonesian Students in Qom. In his speech at the opening of the JWG meeting, Minister Nasir said there are five areas of science and technology cooperation with Iran that have been agreed, namely nanotechnology, biotechnology, health and medicine, aerospace studies, and earth technology in line with the 10 fields listed in the National Master Plan (RIRN) 2017-2045 i.e. food and agriculture, health and medicine, energy (including alternative and renewable energy), information and communication technology, transportation, advanced technolo-

gy including nanotechnology, defense technology, maritime, disaster management, social humanity. The JWG meeting is expected to result in mutual agreements to be implemented for real and generate new programs that are creative and beneficial to the interests of the people of both countries. Meanwhile, Iran Acting Minister of Research and Technology Prof. Zia Hashemi expressed his appreciation for the development of science and technology cooperation between the two countries and is ready to develop it further. The cooperation between Iran and Indonesia, as predominantly Muslim countries, is expected not only to benefit both countries

but also to contribute to the other Islamic countries. The cooperation on the science and technology can be further developed in the field of health and medicine (stem cell), nanotechnology, biotechnology, aerospace studies and the development of Science Technology Park (STP). The cooperation that has been well established is on the higher education, scholarships, seminars and workshops, joint research and exchange of lecturers/students/researchers between the universities of both countries. Indonesia and Iran in 2014 signed a Memorandum of Understanding (MoU) on Research and Technology Cooperation in Tehran, Iran. (KEMLU/TPP)

Thirteen Potential Buyers of Hamburg Participate in 32nd TEI The Indonesian Consulate General in Hamburg and ITPC Hamburg participated in the 32nd Trade Expo Indonesia (TEI) 2017 at the International Convention and Exhibition (ICE) Serpong on October 11 15. They brought in 13 potential buyers from Hamburg. At the opening ceremony on October 11, Trade Minister Enggartiasto Lukita said that the new location of the TEI 2017 gave a positive impact in increasing the number of exhibitors from 1,066 in 2016 to 1,100 this year. The TEI 2017 also synergizes the national culinary event of ‘Promotion of Nusantara Culinary and Food’ which was previously done separately. The potential buyers also increased in number to 4,500 from 79 countries. The total purchase commitments made at the opening of TEI 2017 increased to US$223.23 million from US$207.9 million during the opening of TEI 2016. Therefore, the Trade Minister said

he was optimistic that the target of the TEI 2017 transactions at US$1.1 billion would be achieved. The transaction value at the TEI 2016 reached US$1.02 billion. The TEI 2017 was officially opened by President Joko Widodo, accompanied by a number of ministers, Head of BKPM, Indonesian representatives overseas and the representatives of foreign countries in Jakarta. In his speech, the president said that the Global Competitiveness Index of Indonesia for the year 2017-2018 increased from 41 in the previous year to 36. For that, Indonesia needs to continue to open new markets and improve the product design to give added value. The trade promotions held in various locations have increased Indonesia’s exports to US$108.7 billion in January - August 2017, an increase of 17.58% over the same period last year. To that end, the president said the key to maintain the momentum includes: being

consistent in quality, on time shipment, improve the efficiency in raw material procurement and supply chains, opening non-traditional markets in Africa, Eurosia, South Asia, Russia, Turkey and Pakistan, anticipate and able to adapt the market changes from offline to online marketing as well as the digitization in the production and trading activities. The opening ceremony was followed by the presentation of Primaduta Award 2017 to 33 buyers from 18 friend countries of Germany, USA, India, Japan, South Korea, Malaysia, Philippines, China, Saudi Arabia, Brazil, Italy, Canada, Egypt, Nigeria, Russia, and Spain. There are 4 companies from Germany, one of them (Ant. Ankersmit & Co. (GmbH & Co. KG) is from the North German; the rest are Flores Farm GmbH, TeaGeschwendner GmbH; and Terré GmbH. Head of ITPC Hamburg, Bambang Jaka Setiawan, representing the Indonesian Ambas-

sador in Berlin, received the Primaduta Award 2017 handed by the Trade Minister. The awards will be given to the winning companies in Germany. The Primaduta Award is given by the Government of Indonesia to the buyers for their dedication in promoting Indonesian products. The winners of the award must meet several criteria, such as their transactions in the least 3 years, the increase of the transaction value and the development of the types of products purchased from Indonesia. At the closing ceremony of TEI 2017, the Trade Minister announced that until 11.30 on October 15 the transactions reached US$1.26 billion. The TEI 2017 also managed to attract visitors to 22,088 people, or increased 41.9% from the previous year. The commodities in high demand during TEI 2017 were mining products, coffee, beverage products, palm oil and coconut oil. (KEMLU/TPP)

Australian KMART Limited Gets Indonesia’s 2017 Primaduta Award In recognition of the increased performance of imported Indonesian products to Australia, KMART Limited of Melbourne Australia was granted the Primaduta Award from the Government of Indonesia at the Trade Expo Indonesia (TEI), on October 12, 2017 in Banten. The award was given as an appreciation for the large increase of import from Indonesia to Australia by KMART Limited, with the average import growth in the last 5 years is 105.97%. The products imported by KMART Limited from Indonesia include clothing, electrical

equipment, and carnival festival goods. The award was handed directly by Indonesian Trade Minister Enggartiasto Lukita to Indonesian Ambassador of Australia, Y. Kristiarto Legowo, to be given to the KMART Australia in Melbourne. The Australian KMART Limited was selected in a process done in early 2017 by the Indonesian Consulate General (KJRI) Melbourne from a number of candidates of Indonesian products importers. The names of the selected companies were then sent to Jakarta to be judged further

whether they deserved to get the Primaduta Award. For the year 2017 Award, the Trade Ministry judged 310 buyers from 33 countries. As many as 33 best buyers were selected and one of them is the Australian KMART Limited. The award is expected to further motivate the overseas buyers to continue buying and increasing the value of imported Indonesian products. KJRI Melbourne will again hold the selection of candidates for receiving the next Primaduta Award in mid2018. (KEMLU/TPP)

November, 2017 | Vol. 7 No. 11 | A5


Minister Budi Karya Assures LRT Sumsel will Fully Operate in May 2018

Passengers Increase Each Year, Angkasa Pura II to Build Soekarno-Hatta Airport 2

Transportation Minister Budi Karya Sumadi is optimistic that the Light Rail Transit (LRT) in South Sumatra will be fully operated in May or June 2018. The LRT project aims to support the Asian Games which will kick off in August 2018 in Palembang and Jakarta. The minister said that the construction progress of the tens of trillions of rupiah project in Palembang, South Sumatra, has reached 80 percent. Therefore, Budi strongly believes the LRT can be tried in April and two months later starting the operation. “Usually we test the track first without the train. After that, we do the trial with the train,” he said on

Saturday (10/28). While the construction of the track visibly shows a significant progress, it is not the case with the rolling stock. Currently the locomotives and the carriages are still being manufactured by PT INKA in Madiun. According to Budi, one train (made in Indonesia) will be able to accommodate 534 passengers. One train will have three carriages and there will be eight trains. “In April at the latest the rolling stock will be ready,” he said after the oration and grand lecture of Nationality Actions of Higher Education Institutions Against Radicalism. South Sumatra Governor Alex Noerdin said earlier the

government encountered some obstacles in the land acquisition for the project, including the one in Jakabaring. But the problems have been solved and nothing will hamper the operation of LRT. “The land issues are now 100 percent clear,” he said. On the safety, he has made various preparations, including a comparative study. According to Alex, it is important considering Palembang will be the first city in Indonesia that has LRT. A few months ago, Alex and the other stakeholders learned about the passenger safety in Tokyo, Japan, and Kuala Lumpur, Malaysia. “We learned from them how to evac-

Already 35%, Construction of SalatigaKartasura Toll Road Done 24 Hours to Complete in Mid 2018 The construction of the Salatiga-Kartasura toll road with the length at 32 km is now implementing three shifts of works or 24 hours a day. This nonstop works aim at finishing the project in accordance with the target in July 2018. Until the last week of October 2017, the construction of the toll road, part of the Semarang-Solo Toll Road Section IV and V, has reached 35 per-

uate the passengers if the train stalled,” he said. The development of LRT South Sumatra commenced in 2015. All the expenses are borne by the State Budget covering the construction to the supervision works. The LRT South Sumatra is divided into five work zones with the length of the track at 23 kilometers. The project uses the rail with 1,067 millimeters in width and third rail electricity 750 VDC. The LRT is supported with 13 stations at the airport, hospitals, shopping centers, and others. It is also equipped with one depot and nine electrical substations. (TMP/TPP)

cent. The land acquisition for the Salatiga-Kartasura toll road project has been completed 100%. David Wijayatno, President Director of PT Solo Ngawi Jaya, a subsidiary of PT Jasa Marga (Persero) Tbk, said he is optimistic the target of finishing the project which began in January 2017 will be accomplished. PT Solo Ngawi Jaya is the contractor of the Salatiga-

Kartasura toll road. “The target is being operational next year. So, the construction should be accelerated. Therefore, we apply three shifts of works. Now the works are focusing on soil processing and infrastructure such as drainage, irrigation, concrete structures, as well as underpass,” David said. To ensure the development of Salatiga-Kartasura toll road

in accordance with the set target, President Commissioner of Jasa Marga Refly Harun and a number of Jasa Marga Committee members inspected the construction site recently. The inspection is part of the series of annual monitoring activities held regularly by the board of commissioners of Jasa Marga to all projects of the Trans Java Toll Road. (TRB/TPP)

PT Angkasa Pura II (Persero) plans to build a new airport, the Soekarno-Hatta Airport 2. The construction of the new airport is to cope with the increasing traffics of passengers as well as flights at the Soekarno-Hatta Airport right now. President Director of PT Angkasa Pura II (AP II) Muhammad Awaluddin said the existing capacity of Soekarno-Hatta Airport is predicted to reach its maximum point in 2025. “Once the runway 3 and terminal 4 are set, the Soekarno-Hatta Airport will not be able to accommodate the passengers and airplanes whose numbers keep increasing annually,” he said recently. According to Awaluddin, in 2025 the number of passengers at Soekarno-Hatta Airport is expected to reach about 100 million people. The amount will exceed the existing capacity of SoekarnoHatta Airport. The current capacity of Soekarno-Hatta Airport is

about 60 million passengers per year. To anticipate the increasing number of passengers, AP II is currently preparing the construction of terminal 4 located in the Soewarna warehousing area. The terminal 4 of Soekarno Hatta Airport will occupy 300,000 square meters, or slightly smaller than the terminal 3 which is built on 400,000 square meters of land area. The construction will be done in 2018 at the soonest. In addition to the passenger terminal, AP II will also build a third runway with the size of 3,000 x 60 square meters. The new runway is targeted to start operational next year to accommodate the 114 flights per hour at the Soekarno-Hatta International Airport. The construction of the third runway is in accordance with the grand design of Soekarno-Hatta International Airport in increasing the capacity on the air side. (TRB/TPP)

Wika Gedung Builds Two World Class Sports Venues PT Wijaya Karya Bangunan Gedung Tbk or Wika Gedung is building two international sports venues namely Jakarta International Velodrome Rawamangun and Jakarta International Equestrian Park Pulomas. The sports venues will be used for the Asian Games on August 18 September 2, 2018. By the end of October 2017, the velodrome construction has reached 65 percent. The project will be completed in June 2018 or in 26 months from the starting date in May 2016. The Wika Gedung consortium handles the jobs in design and construction of the Rp665 billion worth velodrome. “Wika Gedung is optimistic to finish the project on time while maintaining the international standard quality,” said Wika Gedung Director Nariman Prasetyo in a written statement on Wednesday (11/1). Velodrome Rawamangun is designed as a multi-functioned sports venue. The Velodrome will provide facilities for the sport games of futsal, badminton, and others while in the middle there is the bike racing track. Other magnificent features of the Velodrome are the roof, using membrane-coated steel

frames, and the bike racing track, using special wood imported directly from Siberia with the length of 250 meters and the width 5.5 meters with the seating capacity of 3,000 seats and it has the standard certificate from the World Cycling Federation, Union Cycliste Internationale (UCI). It is targeted to become one of Indonesian sports icons especially in Jakarta and equivalent to other velodromes used in the Olympic. Meantime not far from the velodrome location in Rawamangun, the other project of Jakarta International Equestrian Park Pulomas is underway too. Currently the development progress of the horse racing arena in Pulomas has reached 86 percent. Wika Gedung as the main contractor was appointed to carry out the Rp261 billion worth project by PT Pulo Mas Jaya with the scope of works covering the building structure, architecture, MEP and landscape. Project Manager Khomensyah Nasution said that the Equestrian Park is built on 407,000 square meters (m2) of land area, to be able to accommodate at least 144 units of stables. “The architecture of the tribune building is iconic like a jumping horse,” said Khomensyah. (LPT/TPP)

To Boost Development, PUPR Builds Teluk Kendari Bridge

Old Age Won’t Stop Them from Keep Learning at D’Khayangan, This Time Art of Shodo Calligraphy

The Teluk Kendari Bridge is also expected to support the development of Bungkutoko Port and Kendari Newport, designed as the gates for the commodities from and to the outside Kendari City and Southeast Sulawesi Province. Once the project is completed, it is expected to provide benefits to the society and grow the people’s economy, especially in increasing the volume of freights, trading activities, and creating new jobs for the people of Kendari. Armen Adekristi, the Commitment Maker Official (PPK) of Teluk Kendari Bridge from the DJBM of PUPR Ministry, said that the physical progress of the bridge development has reached 25 percent, while the financial progress was at 36 percent. “By the end of 2017, all of the

pylon foundations will be finished. In 2018, all of the main pylon poles will be completed. We expect the closure, meaning all the cables are connected, in May 2019,” Armen said on Friday (10/20). According to him, the works had been hampered by the discovery of active mines remnants of the colonial era that were still buried in the bottom of the bay, making it a major obstacle to the installation of poles. But on June 20, 2016, by cooperating with the Navy, all objects suspected as mines have been cleared. Regarding the land acquisition, Armen said, some plots of 4 shophouses in Kota Lama and 4000 m2 of land in Poasia experience delayed in payment due to the change of financial source from the local state budget (APBD) to the national one

(APBN). Teluk Kendari bridge will be 1,369 m in length, using cable stayed technology. The total length of the main bridge is 474 m, with the span of 200 m, longer than the Red and White Bridge in Ambon (150 m). To connect the Kota Lama and Poasia, there will be a connection bridge with a length of 300 m. The Teluk Kendari Bridge project was signed on November 29, 2015, with a value of Rp729 billion. The winners of the tender of the project are stateowned enterprises PT PP and PT NK, who are experienced in building the similar bridges. To meet the targeted quality, the design of the bridge was discussed with an expert panel incorporated in the Bridge and Road Tunnel Safety Commission (KKJTJ), consisting of pro-

fessors, practitioners, and experts in the long-span bridges. All the technical aspects and operational stages were also discussed with the commission to ensure the safety of the bridge. The bridge is expected to become an icon of Kendari City and the residents welcome it. Andriani Porosi, one of Kendari residents, said she hoped the Teluk Kendari bridge will improve the economy, because it connects Kandai Urban Village, Kendari District with Lapulu Urban Village, Abeli District. “Hopefully it will grow the economy and further improve the people’s lives. Currently the people in Lapulu have to ride the boat to cross. If riding car we must go around for 20 km which takes 45 minutes to 1 hour,” Andriani added. (SWR/ TPP)

A6 | November, 2017 | Vol. 7 No. 11

REGION Governor Checks on Location for Development of Banten Sports Center Banten Governor H. Wahidin Halim inspected the location for the development of a football stadium and sports center in Jalan Raya Baros, Serang Regency, on Thursday (10/26). During the inspection, the governor was accompanied by Head of Banten Youth and Sports Office Deden Apriandhi. The location to be built the football stadium and sports center on is now a plot of land overgrown with reeds. “The plan to construct the football stadium and sports center should be worked on more seriously. If there is a problem in land acquisition,

solve it immediately,” said Wahidin Halim after the inspection. According to the plan, the football stadium and sports center will be built in 2018. Banten Provincial Government will allocate the budget for the construction of the sports center at between Rp350 billion and Rp450 billion. The land plot provided for the project is about 50 hectares in the District of Baros, Serang Regency. Banten Province Head of Youth and Sports Office (Dispora) Deden Apriandhi confirmed that the development

of the sports center will commence in 2018. “Yes, next year we will start the development, the DED (Detail Engineering Disign) and the land have been ready. We just need to start it in 2018 and hopefully there will be no obstacles,” said Deden. Based on the direction of Banten Governor Wahidin Halim, Deden said, the construction of the football stadium and sports center would be done immediately. “According to the direction of Banten Governor, the ground breaking will be done in 2018,” he added. (BANTENPROV/TPP)

East Java Governor Offers Innovative Solution for Economic Growth

East Java Governor Dr. H. Soekarwo offers an economic growth solution, the inclusiveness in the noneconomic policies.

He said that while giving a speech at the Launching of Ejavec Journal and the Closure of 4th Ejavec Forum in the Representative Office of BI East Java on Thursday (10/26) night. Soekarwo said he saw a serious problem in the no-inclusive economic growth. Currently, 1 percent of groups in Indonesia control 49 percent of national assets. “This inclusion issue needs to be addressed immediately,” he explained. He said that inclusive economic growth is not enough to be done by economic approaches alone. A synergy is

needed through non-economic policies that add the value to the growth. “The external factors of safe and comfortable conditions also affect the economic growth in East Java.” During his visit to East Java, Singapore Ambassador to Indonesia, expressed his hope that the province will be able to continue keeping the condition safe and comfortable. “This is a non-economic policy that has a very decisive variable for increasing the economic growth in East Java. Safe and comfortable life is an important part of the inclusive development,” Soekarwo said. Pakde Karwo, his nick-

name, gave an example of the success of Japan in its economic growth. Japan incorporates the politic and security factors into a driver of its economic growth. That is why East Java Provincial Government develop the province by growing the small medium enterprises or the lower-class group. This approach is expected to narrow the disparity in East Java. In front of researchers and economic practitioners, Pakde Karwo explained that the government should also reduce the disparity by protecting people from the danger of liberalism and market mecha-

nisms. “Do not let the government submit to the market,” he said. Ejavec Has Strategic Role for East Java Economy Chief Representative of Bank Indonesia East Java Difi A. Johansyah said that East Java Economic (Ejavec) Forum has a very strategic role in supporting the economic growth of East Java. Ejavec forum also explores various strategic issues of East Java economy. The 4th Ejavec with the theme of ‘Finding Sources of East Java New Economic Growth for Improving Global

West Java Provincial Government Offers Investment Opportunities to French Entrepreneurs West Java Governor Ahmad Heryawan has received the visit of French Ambassador Jean Charles Berthonnet to exploring the cooperation in education, investment, and tourism development. There are many areas in West Java potentially developed into tourist destinations. One of them is the Ciletuh-Pelabuhan Ratu Geopark which is now under the assessment to become UNESCO Global Geopark (UGG). Coming along with the French ambassador to Indonesia are some business people. “He is a new ambassador, never to Bandung before, to this province, he is coming with a number of entrepreneurs, so it can increase the cooperation in various fields, such as tourism, education and others,” said Aher, Heryawan’s nickname, at the Gedung Sate, Jalan Diponegoro, Bandung City, on Friday (10/20). West Java Provincial Government also offered

the investment opportunities to the French business people, especially in the aerocity of West Java International Airport (BIJB). “In general, for the economic cooperation, we offer the aerocity (BIJB) to them,” said Aher. French Ambassador to Indonesia Jean Charles Berthonnet claimed to have heard of various investment opportunities in West Java. He also said already knew the BIJB development project which is still underway. “We received all the presentations related to the investment opportunities in West Java and we are also informed about the BIJB,” said Jean after the meeting. He said he hoped the meeting will increase the interest of the French business people to invest in West Java. Several French business people have already been running their businesses in West Java, especially Bandung. (DTK/TPP)

Competitiveness’ is considered very important. Difi said he appreciated the steps taken by East Java government under the leadership of Pakde Karwo who continues to seek sources of new economic growth. Not only that, the proper management of the provincial state budget has given a tremendous impact for the economic growth in East Java. According to him, East Java plays a significant role in the Indonesian economy. In the last decade, East Java’s contribution to the national economy has reached 14% or the second highest after DKI Jakarta. During the forum, the Eja-

Four flyovers in Brebes and Tegal regencies were inaugurated by Central Java Governor Ganjar Pranowo in Dermoleng flyover area, Brebes, on Wednesday (10/25). The four flyovers are located in Dermoleng and Kretek, Paguyangan District (Brebes) and in Klonengan and Kesambi in Margasari District (Tegal). In addition to the flyovers, Governor Ganjar also inaugurated the Jatingaleh underpass in Semarang City. He urged the residents to keep the underpass clean from the graffities. Ganjar suggested people who want

to doodle to make a mural on the walls of the flyovers. “Sometimes the writings are saru (dirty). If in the form of a mural, it will be good,” Ganjar told the people living around the Dermoleng flyover. According to him, it would be better yet if the mural contains moral messages such as nodrugs, antiradicalism, gotong royong (mutual help), loving the NKRI, and so forth. “Write some good messages, like let’s pay the tax, say no to drugs,” he said. The four flyovers and one underpass were built by the Ministry of Public Works and Public Housing (PUPR). Head of the Center for Road

vec Journal was launched. The first edition contains selected scientific works of Ejavec in 2015 and 2016. In the future, the Ejavec Journal will be a place for the papers of applied researches from the students, academics, business players and the public concerned about the economic performance of East Java. The occasion was attended by the Vice Rector I of Airlangga University, the Heads of East Java Governmental Offices, the economists and academics, as well as the participants of Ejavec 2017. (DTK/ TPP)

5 Infrastructure Projects Inaugurated, Ganjar Asks Local Residents to Do This

Implementation Area 7 Semarang of PUPR Ministry, Achmad Hery Marzuki, said the four flyovers were built less than a year. “The flyovers Klonengan and Dermoleng are on time for about seven months,” said Hery, adding that the Kretek flyover was a bit slower due to land acquisition problems. The Jatingaleh underpass was completed in several years due to land acquisition and technical problems. The Klonengan flyover is 1,011 meters in length, Kesambi 470 meters, Kretek 830 meters, and Dermoleng 650 meters. While the Jatingaleh underpass is 1,300 meters in length. (TRB/ TPP)

November, 2017 | Vol. 7 No. 11 | A7

TOURISM Garuda Indonesia Launches First Flight Serving SilangitSingapore Route

To Support Tourism, Transportation Ministry Set to Develop Port in Belitung

Garuda Indonesia has launched its first flight serving Silangit-Singapore route, which also marked the operation of Silangit as an International Airport. The Silangit-Singapore route will be serviced with the flights three times a week through the charter services, using Bombardier CRJ 1000 aircrafts with a capacity of 96 passengers each. Transportation Minister Budi Karya Sumadi said that his ministry has been always encouraging the airlines to expand their aviation networks and enhance the connectivity between the regions in Indonesia. “The positive synergy between

the airlines, the airports and the Transportation Ministry in this connectivity enhancement will surely contribute to the development of the regions like Silangit,” said Budi on Sunday (10/29). Meanwhile, Tourism Minister Arief Yahya said he welcomed the opening of the Silangit – Singapore route. The presence of Garuda Indonesia international flight services at the Silangit Airport is expected to support the efforts of Silangit to develop into an international tourist destination. “Silangit will provide the access for the promising tourists in the big cities like Jakarta and Singapore,” he said. (IND/TPP)

The spirit of Indonesia Incorporated in building the tourism sector is once again echoing. This time from the Transportation Ministry who will build a tourism support facility in Belitung Regency, Bangka Belitung Province. The ministry will develop the Tanjung Batu Port for loading and unloading the containers and serving the travelers as well. Transportation Minister Budi Karya Sumadi said that on Saturday (10/28) after inspecting the Tanjung

Batu Port which currently is used as a place to load and unload the mined sand. “The port development is to enhance the tourism in Belitung. We will develop it next year, Insha Allah in February 2018 we will start it (the construction),” said Budi Karya.

For now, he will first complete all the processes associated to the transfer of asset from the regional to the central government. “I have coordinated it, maybe this month the transfer of asset to the central government is done and we will budget it in 2018,” said the minister. In his inspection, Budi Karya found out there has been a shift in function of the Tanjung Batu Port. It should serve containers and passengers, but now it is used for loading and unloading sand, causing some damages at the port. Therefore, the minister urged the local government to move the sand loading and unloading activities to the other place. “I have asked them to not load and unload the sand there (Tanjung Batu) again. Do it elsewhere, we will fix the Tanjung Batu Port,” he said. The minister said he has a high commitment in promoting the tourism sector of the country, including the budget preparation for the repair of Tanjung Batu Port although he could not reveal the amount yet. However, he promised to fully support the development of Tan-

jung Batu Port. Tourism Minister Arief Yahya welcomed and expressed his appreciation for the move taken by the Transportation Ministry in supporting the tourism sector. This is exactly what President Joko Widodo is asking for, establishing tourism as one of the leading sectors of the economy. “Accessibility is one of the key factors to succeed the development of tourism sector and Transportation Ministry has a big role,” said Arief Yahya. Belitung itself, according to the minister, is one of the national priority on tourist destinations. Belitung has a variety of beautiful tourism sites, especially in marine and culture. Belitung also has the Special Economic Zone for Tourism called Tanjung Kelayang. “So, the development of Tanjung Batu Port, to be started in 2018, will further increase the attractiveness of Belitung, both for tourists and investors,” said Minister Arief Yahya. Previously the Ministry of Tourism has also managed to encourage the development of Tanjung Pandan Airport Belitung into an international airport. (IDP/TPP)

PATA Motivates Young Generation on Tourism through PATA Indonesia Youth Forum

To Accelerate SKPT Development, Local Government of Morotai Island Grants Land Area to KKP

Pacific Asia Travel Association (PATA) held an occasion called ‘PATA Indonesia Youth Forum’ on Wednesday (10/26). The event was held under the cooperation of PATA, President University and Ministry of Tourism. About 200 participants from High School (SMU), Vocational High School (SMK), and various universities in Jakarta attended the event. CEO of PATA Indonesia Chapter, Purnomo Siswoprasetijo said that the program was organized every year to provide a medium for the tourism business players to networking and

motivate the young people to get interested in developing the tourism. “This event also supplies a sufficient information for the students of SMU, SMK and Higher Education to be a choice to work in the tourism sector later,” said Purnomo to in Jakarta, on Wednesday (10/26). He added that the tourism sector has become superior and generates a significant foreign exchange revenue for the country. Currently, the number of foreign tourists coming to Indonesia keeps increasing. Therefore, new destinations must be

prepared. “To prepare them, we need qualified human resources. This forum becomes one of our communication to introduce the youth the big opportunity in the tourism.” Furthermore, Purnomo said he hoped such an event would open their eyes about the opportunities in the tourism so that the sector can absorb the manpower well. According to him, Indonesian tourism is wide open due to diverse tourist destinations. The government has started to see this as a great opportunity. Therefore, the government continues to build the infrastruc-

ture. “Good infrastructure will attract more tourists to visit and grow the regional economy,” he added. In the last three years, the government has been focusing on the development of tourism by setting 10 new destinations in Indonesia. “Of course, we from the association will invite the tourism business players to invest, at least in the tour packages which promote Indonesia, especially the 10 new tourist destinations. Indonesia is not only Bali, there are new destinations that will become new traffics of tourists,” Purnomo closed. (TPP)

To accelerate the development of the Integrated Maritime Affairs and Fisheries Center (SKPT) in Morotai Island Regency, North Maluku Province, the local government has granted 61.878 square meters of land area to the Maritime Affairs and Fisheries Ministry (KKP). The document of the Regional Property Handover (BMD) was signed at the KKP Office, Jakarta, on Thursday (10/12) by Morotai Island Regent Benny Laos and Secretary General of KKP Rif ky Effendi Hardijanto. The land area is worth Rp2,165,730,000 and will be used for the development of SKPT in Daeo Majiko Village, South Morotai District. In addition to the SKPT development, the Morotai Island Regency will also grant 1,500 square meters of land area located on Ja-

lan Raya, Muhajirin Village, South Morotai District for the construction of Fish Quarantine Office of BKIPM. After the signing of the document, Secretary General of KKP Rif ky Effendi Hardijanto expressed his gratitude to the Morotai Island Government for the grant. He said that with the land area ready, the development of SKPT in Morotai could be completed more quickly. “We thank you for the support and the grant from the Government of Morotai Island. Hopefully this granted BMD will accelerate the development of SKPT in Morotai,” he said. In the meantime, Morotai Island Regent Benny Laos said he hoped the grant could be utilized optimally to support the development programs for the maritime affairs and fisheries sector being boosted by the ministry. (KKP/TPP)

Progress of 10 Priority Tourist Destinations toward New Balis The growth of Indonesia’s tourism is impressive, said Tourism Minister Arief Yahya in his presentation of Three Years of Tourism Performance under the Administration of President Joko Widodo and Jusuf Kalla in the Office of Presidential Staff recently. At the beginning of Jokowi-Jk government in 2014 the number of foreign tourists was 9.3 million, increasing to 10.4 million in 2015 and 12 million a year later. Until August this year, the number has reached 9.2 million tourists. The number of domestic tourists keep increasing too. In 2015 it reached 256 million, higher slightly from the target of 255 million. In

2016 it was 264 million from the target of 260 million, while until August for this year it has reached 200 million tourists. The achievements should thank to the Tourism Ministry’s various programs like digital tourism, homestay development, air accessibility, to the development of 10 priority tourist destinations of Lake Toba, Tanjung Kelayang, Borobudur, Wakatobi, Morotai, Tanjung Lesung, Kepulauan Seribu and Kota Tua, Bromo Tengger Semeru, Mandalika and Labuan Bajo. Some global awards have been presented to the Tourism Ministry. In 2016 Indonesian tourism received 46 awards from 22 countries. This year Indonesia has won 22 awards from 10 countries.

“A number of world awards are very important for the 3C, Calibration, Confidence, and Credibility. When we get an award, this nation’s self-confidence rises. If well communicated, these awards will be an effective marketing way for image, so we do not need to try that hard to boast what we have,” said Tourism Minister Arief Yahya. The progress of 10 Priority Tourist Destinations Lake Toba. Currently it is preparing to open international direct flights, constructing the Medan - Tebing Tinggi toll road, and making the quality of the water in the lake better. Tanjung Kelayang. In addition to opening international flights from the HAS Hanandjoedin airport and the construc-

tion of homestays, the area will also become a national geopark. Borobudur. It is preparing the new Jogja international airport. The new airport will make the foreign tourists easier to visit the Borobudur and other tourist destinations nearby. Borobudur can also be accessed by train from the Adi Soemarmo Airport in Solo. The latest news reported Borobudur Temple is waiting for its new status as The Memory of World, competing with 130 other sites in the world. Wakatobi. The development of the airport there has become the priority in addition to the improvement of the Sombu Dive and Puncak Toliamba areas. Morotai. As one of the Special Economic Zones (KEK) for Tourism, the development of airport and tourism infrastructure be-

come the focus in this region. One of the most noticeable is the development of Pitu Morotai Airport. Tanjung Lesung. The leading tourist area not far from the center of Jakarta has also been focusing on the development of tourism infrastructure, among others, the construction of Serangan-Panimbang toll road and the construction of South Banten Airport. Interestingly, the government will also reactivate the RangkasbitungLabuan railway. Kepulauan Seribu and Kota Tua. Energy resources and homestays have been developed. Bromo Tengger Semeru. The development here is focused on the construction of the MalangPandaan toll road, PasuruanProbolinggo toll road, as well

as the construction of homestays in several leading tourist destinations. Mandalika. Its coastline is cleaner and easily to access right now. As a Special Economic Zone (KEK) for tourism, Mandalika also focuses on the infrastructure development to facilitate the tourists. More modern toilets and the waste management system has been set up on Mount Rinjani. Labuan Bajo. The development of tourism facilities and infrastructure is so visible in the last three years here. One of them is the Komodo Airport which is now an international airport. The other obvious progress is the construction of Labuan Bajo’s marina and port. (LPT/TPP)

BUSINESS November, 2017 | Vol. 7 No. 11 | THE PRESIDENT POST



President University Introduces New Business Incubator ‘Setsail BizAccel’

Trakindo to Move Logistics Center to Indonesia

Facebook: The President Post Twitter: @President_Post


10th Anniversary Moment of Jakarta Fashion Week

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Jababeka to Build 810 MW Power Plant in Kendal Industrial Park Jababeka plans to build a gas-fired power plant with the capacity of 810,000 KW in the Kendal Industrial Park (KIK), Central Java. The power plant will be used to supply the electricity to the companies operating in the KIK. Director of United Power Djefri Cantono said this in front of the members of Commission D of the Central Java Legislative

Council (DPRD) who were visiting the KIK on Tuesday (10/24). According to Djefri, the KIK is being develop on the land area of 2,700 hectares. Each hectare requires 300 KW electricity. “So, the total electricity demand in KIK will be 810,000 KW,” said Djefri. He further said that the power plant will be built on a 5 hect-

ares of land area. The permits have been taken care of, including the environmental permit, planning and others. However, the construction will be done in the next two years. “The construction will need 2 to 3 years to finish. The KIK will have its own power plant in the next 5 years,” he added. Djefri said that the electricity tariff supplied the KIK will

be more expensive than the tariff of state owned company PLN. However, he assured that the KIK’s electricity quality will be better and there will be no blackout. “We cannot set the tariff yet. Still waiting for the rules from the governor,” he said. Meanwhile chairman of Central Java DPRD Commission D, Alwin Basri, said the visit to the

KIK was done to conduct a review on the electricity development. Currently, he said, the Central Java Provincial Government is drafting a governor regulation related to the electricity tariff for the industry. “The KIK is planning to build its own power plant. So, we need inputs,” Alwin said. He added that the draft of the

Tamasia, First Online Sharia Buying and Selling of Gold in Indonesia, Officially Launched

Tamasia, a start-up on buying and selling gold with the sharia scheme, held soft launching and press conference in Jakarta on Wednesday (10/11). Tamasia offers gold ranging from 1 gram to 1,000 grams and it can be paid in installments for up to 24 months starting from Rp1,000 per month. It also opens the opportunity to become a reseller and Tamasia cooperates with PT Antam. As a digital platform, Tamasia provides easy transactions through an application that can be downloaded via Android

or iOS. Co-Founder & CEO of Tamasia Muhammad Assad said that the gold is a profitable investment. “Why gold? If we look at the gold price two to three years ago, it always goes up. The price is higher and higher from year to year. This opportunity is what we see,” he said. The gold products of Tamasia, according Assad, were supplied by PT Antam so that the gold chunks will also be equipped with a certificate from PT Antam. In terms of safety, the gold will be insured and stored at PT Antam.

People can also become the resellers of Tamasia, Assad said. The resellers will get a commission of 20-25 percent, depending on how many grams the gold sold and the duration of the sale. Meanwhile Head of Wealth Management of Permata Bank Syariah Mery Ariyanti said during the event that investing in gold is highly recommended because gold is a long-term investment that can beat inflation. Manager of PT Antam Agung Kusumawardhana added, “As we know gold is one long-term investment that is effective and

tends to be stable. Through Tamasia since July 2017, we are able to expand our market and provide the customers who want to have gold through the ease of technology. We hope that this strategic partnership will strengthen our position as the largest gold supplier in Indonesia.” Vice-Governor of DKI Jakarta Sandiaga Uno, who also attended the launch event, congratulated Muhammad Asad as the CoFounder & CEO of Tamasia. In his speech, Sandi said that he hoped the young generation will continue to build start-up businesses. “Gold is a stable investment, because this precious metal has a fundamental value,” Sandi said. “I am confident the combination of investment and digital application is a good development and facilitate the trading of high quality gold,” he added. The Tamasia soft launching event was also attended by Wanda Hamidah, a presenter who is also a former member of the House of Representatives and Dr. Ilham Habibie, a national entrepreneur as a guest speaker. (TPP)

governor regulation on the electricity tariffs has already been submitted to the Commission D. Its members have been collecting some inputs from the industrial estates in the province. “We want the regulation of the Central Java Governor later will not burden anybody, either the manager or the owner of the company,” he explained. (KPS/TPP)

BNI Life Earns Profit Rp235 billion, Up 92% Life insurance company PT BNI Life Insurance did not only experience growing premiums until the third quarter of this year, but the profit obtained by the subsidiary of Bank BNI also increased significantly. Acting President Director of BNI Life Geger N. Maulana said, until September, the company has pocketed a profit of Rp235 billion. This figure is a 92% hike over the same period last year. According to Geger, one of the company’s strategy is expanding the portfolio with new products. The company is also aggressively marketing the products, promoted to have higher margins. “This strategy has been improved since the middle of this year,” he said recently.

BNI Life has also been maximally utilizing its distribution channels, starting from bancassurance to agencies and employee benefits as well. Thus, until the third quarter of this year, he said, BNI Life has managed to collect the premiums 20% higher than the achievement in the same period last year reaching at Rp4.2 trillion. Apart from the premium gain, Geger also mentioned that the company’s investment returns were still quite positive until the first nine months of this year. It was driven by a number of investments that still provide good returns, such as the mutual funds which is the favorite product of BNI Life in investing. (KTN/TPP)


| November, 2017 | Vol. 7 No. 11


To Work on Maritime Tower, Pelindo II Cooperates with Two SOEs

Rebranding, New Chapter of Jababeka Residence Development An industrial estate, an area which is meant to house companies in operating their production facilities, can be developed into a self-sufficient township. At least this is what’s shown by the track records of the industrial estate developer named PT Jababeka Tbk. Since its establishment in 1989, PT Jababeka Tbk has been continuously enhancing its reputation as the developer of the largest integrated industrial estate in Southeast Asia in Cikarang, Bekasi, covering land area of 5,600 ha. The success in developing the industrial estate was followed by the success in developing 500 ha of land area into an exclusive residential area through its subsidiary PT Graha Buana Cikarang. Precisely in2013 back then, the residential area called Jababeka Residence began to be de-

for Kota Jababeka, as seen from the construction of a complete commercial facility and a large variety of property products for residence or investment in Kota Jababeka,” Sutedja said. Regarding the new logo, Sutedja explained that the 8 pieces of leaves in the circle depicts the luck, harmony and premium image of the Jababeka Residence. “This logo symbolizes nature, fertility, and growth. In Chinese belief, the number 8 represents perfection and fortune, the 8 large leaves and the 8 small leaves in a circle represent togetherness and harmony. It is also in line with the tagline of Jababeka Residence “A City for Your World”, where Jababeka Residence provides almost all facilities to meet the needs of the residents,” said Sutedja. The development of Jababeka Residence has shown that it is not just a complement area for

the employees working in the Jababeka industrial estate. To date, the projects developed in the Jababeka Residence are quite prestigious, such as the Mayfair Estate & Parklands superblock, a joint ventured project with PT Plaza Indonesia Realty Tbk, targeted to be completed in 2019. Additionally, cooperating with PT PP Properti, Jababeka Residence is developing the Little Tokyo project which includes the retail area of Japanese Mall with six Japanese-style and standardized apartment towers. Also, the most recent project is a joint project with the Creed Group, a leading Japanese property company, to build an apartment with a resort concept called Kawana Golf Residence strategically located within the 18-hole Jababeka Golf & Country Club which is designed by the world champion, Nick Faldo. (TPP)

PT Pelindo II (Persero) plans to build a Maritime Tower with an investment of Rp1 trillion next year. The project aims at reducing the logistics costs and will be executed in a joint venture scheme (JV) between Pelindo II (Persero), PTPP (Persero) and PT Berdikari (Persero). Elvyn G. Masassya, President Director of Pelindo II said Pelindo will provide about 70% of the total value of the investment. According to him, the tower will be a smart tower to accommodate all the players in the maritime businesses, such as shipping lines, agents, and loading and unloading companies as an effort to reduce the logistics costs in Indonesia. In addition to the construction of maritime tower, Pelindo II will also undertake other strategic steps to reduce the logistics costs by

building a container freight station (CFS) and a buffer area. Dani Rusli Utama, Technical Director and Risk Management of Pelindo II, said that the company has disbursed up to Rp30 billion for the project. “This first phase of CFS will utilize the existing facilities, so what we do is more to the installation of technological systems, while the buffer area will use the land that was originally an industrial area,” said Dani on Sunday (10/29). The buffer area will serve to reduce congestion in the Tanjung Priok port by providing a temporary stop for the trucks that will pick up and deliver the cargoes. The capacity of the buffer area will be able to accommodate 100 trucks. Currently a land plot sized 10,000 square meters is ready to be used for the buffer area. Later, the buffer area will be expanded to 22,000 square meters and will be operated in early December 2017. (KTN/TPP)

Telkom Acquires Three Foreign Companies

PT Telekomunikasi Indonesia Tbk (TLKM) will realize its inorganic expansion this year. The listed state-owned company is set to acquire several companies to expand its business portfolio. A source reported TLKM will acquire three foreign companies, originating from Malaysia and one of them is listed at the Singapore Stock Exchange. The acquisition has entered the final stage. “Hopefully the closing will be done by the end of this year,” said the source, who declined to mention the names of the three companies but said that they run financial technology and satellite businesses. The market value of the three companies is reportedly slightly above Rp10 trillion. TLKM will prepare the funding of at least Rp5 trillion to get the companies’ shares. “But it doesn’t mean to become a majority shareholder,” the source said. The acquisition is part of TLKM’s strategy of 10 merg-

er and acquisition initiatives (M&A). Besides the acquisition, TLKM is also developing its tower business through its subsidiary, PT Dayamitra Telekomunikasi (Mitratel). TLKM will merge the Mitratel business with its other subsidiary PT Telekomunikasi Seluler (Telkomsel). The merger is expected to take place next year. After the merger, TLKM will acquire another tower company, so Mitratel valuation will be bigger. Currently, Mitratel is the third biggest tower company in Indonesia.

year at Rp26.7 trillion-Rp29 trillion. According to David, TLKM still have plenty of room to seek external funds. Moreover, this company has internal cash of Rp19.07 trillion as of June 2017. He added the Rp5 trillion fund allocation indicated the shares to be acquired by TLKM would be large enough. “It should take a big percentage if you want to accelerate the growth of performance,” said David. However, recently the TLKM shares have been sold by many foreign investors. Based on the RTI data, at least in the last three months, the foreign net sell of TLKM shares has reached Rp7.32 trillion. Therefore, David recommended buy on weakness for TLKM. “Wait for the price below the current level,” he advised. On Wednesday (10/18) the price of TLKM shares was closed falling 90 points or equal to 2.09% to Rp4,210 per share. (KTN/TPP)

veloped and managed by targeting the middle upper market. “Four years ago, we started the development of residential areas in Kota Jababeka, and today we officially launched the Jababeka Residence with a new logo that carries the concept of premium and targeting the middle upper market as a new branding and positioning of the Jababeka Residence,” said President Director PT Grahabuana Cikarang, Sutedja Darmono at the re-branding of Jababeka Residence in Cikarang, Bekasi, on Saturday (10/21). In front of more than 1000 invited guests, Sutedja said he hoped Jababeka Residence will be able to transform the Kota Jababeka as the largest and most complete modern industrial estate into a potential and exclusive integrated township. “In few years, our existence has shown a very good progress

Sufficient funding TLKM’s inorganic expansion is considered positive for TLKM’s performance in the long term. TLKM also has no constraints in funding. “TLKM is financially capable. The acquisition fund will not disrupt its finances,” said David Sutyanto, an analyst of the First Asia Capital, on Thursday (10/19). TLKM budgeted the capital expenditure (capex) for this

J&T Express Builds E-Commerce Distribution Centers Worth Rp800 Billion The logistics company J&T Express will build sorting and distribution centers for digital or e-commerce products. The company has set aside Rp800 billion for the centers to be built in four cities. Chief Executive Officer of J&T Robin Lo said the potential of logistics business from the online stores grew very rapidly. “We will build (a logistics center) in Jakarta, Bandung, Surabaya and Semarang on land area of 10 thousand square meters each,” Robin told reporters in Jakarta on Monday (10/23). The Rp800 billion fund will be used by J&T for land acquisition and development over the next year. Later, Robin added, after the operation of the logistics centers running for a while, the company will also open a logistics center in every major is-

land of Indonesia. According to Robin, J&T Express, which just opened its business in 2015, has shown a significant progress. Last year, the daily shipments made by the company only amounted to 70 thousand units per day. In 2017, he said, the shipments increase to 250 thousand per day. The high jump is caused by the growth of digital transactions through online stores and e-commerce, Robin said, adding that 60% of the total packages handled are digital sales. The infrastructure development is expected to boost the J&T’s shipments to 300 thousand units per day with the portion of distribution for digital goods at 80%. The rest is the shipments of retail companies. The reason why J&T is still focused on Java is because the

e-commerce business is still a c c u mu l a t e d in Java with 60% of the total transactions. As much as 10% is in Sumatra and the rest is on the other big islands of Indonesia. Robin said he is optimistic that J&T can compete with the international logistics companies like DHL and FedEx due to the rapid growth and the high potential of e-commerce in Indonesia. The innovation applied by J&T to attract more customers is the implementation of shipping insurance for the buyers and sellers as well as the infrastructure development. “We have built approximately 2 thousand drop points and our

Ace Hardware’s Profit Increases 10.55% in Q3 target now is to have 2 thousand collection points throughout Indonesia,” said Robin. Currently J&T has employed 16 thousand people in the country. Its shipping car fleet has reached 1,000 units and will be increased to 2,000 cars. J&T Express’s Brand Ambassador Dedi Corbuzier mentioned the benefit and the loss of the increasing digital sales. “The down side is many shops in the malls are closed and the good side is the economy of Indonesian people arising,” said Dedi. (TPP)

In the midst of shaking retail sector, PT Ace Hardware Indonesia Tbk (ACES) is still able to record growth in its performances. As of September 2017, the company posted an increase of 19.03% in sales year on year (yoy). ACES financial statements published on the IDX website on Tuesday (10/31) show its revenue in the third quarter of this year reached Rp4.18 trillion, increasing slightly from last year figure of Rp3.51 trillion. All categories recorded a growth. The sales of

the home improvement products, for example, increased 14.38%, the lifestyle product sales rose 24.99%, while the sales of the game products increased 36.74%. The increased sales contribute to the corporate profit. ACES booked a profit of Rp526.46 billion in the third quarter of this year, growing 10.55% yoy from the previous Rp476.20 billion. In the financial statements, the company also reported a liability of Rp814.43 billion with equity of Rp3.29 trillion. Thus, the company’s assets amounted to Rp4.10 trillion. (KTN/TPP)

November, 2017 | Vol. 7 No. 11 |



Here is ASDP’s Proposal to Reduce Logistics Costs of Inter-island

Trakindo to Move Logistics Center to Indonesia PT Trakindo Utama plans to move its logistics center in Singapore to Indonesia in stages. The move is an efficiency effort of this company, especially in lowering the cost of rent and accelerating the delivery process. Heru Susanto, Chief Supply Chain Officer of Trakindo Utama, said the move of the logistics center is also the company’s step in supporting the Bonded Logistics Center in Indonesia. “This is done as an effort to support the government’s program and to facilitate our customers as well,” said Heru on Monday (10/23). Trakindo eyes the Bonded Logistics Center in Balikpapan, East Kalimantan (East Kalimantan). To move its logistics center to this area, Trakindo will utilize the bonded facility owned by a subsidiary of PT Cipta Krida Bahari in Balikpapan, East Kalimantan. Trakindo’s decision to move the logistics center to Indonesia is considered positive since the sales of heavy equipment keep

increasing driven by the mining and construction industries. Moreover, the commodity prices, especially coal, have also shown an upward trend, while the infrastructure projects have been intensified by the government, Heru said. He added that Trakindo’s heavy equipment sales until the first half of 2017 showed an increase too. “Trakindo Utama has a market share of about 20%,” Heru said. In addition to mining and construction, Trakindo continues to expand the sales of its heavy equipment to the other sectors such as forestry and plantation, marine, oil and gas, and electricity. In general, the excavators are the most widely used type of equipment in the entire industry. However, the Caterpillar brand heavy equipment distributor is optimistic that other types of heavy equipment such as motor graders, dozer, off highway trucks, articulated trucks also have the potential

to grow. To maintain the market, Trakindo has just launched the latest Caterpillar M series grader, the Cat Grader 14M3 and Cat 18M3. In the near future, Trakindo will also launch the latest dozer generation, Cat D9T. Quoting data from the Indonesian Heavy Equipment Association (Hinabi), heavy equipment production as of the third quarter of 2017 recorded at 4,036 units. It is up 59.7% over the same period last year as many as 2,527 units. Jamaluddin, Chairman of Hinabi, said seeing the achievement to date he is optimistic the target set this year can be achieved. “We target by the end of 2017 it will reach 4,400 units,” he said. The heavy equipment sales are strongly influenced by the condition of the mining, construction and plantation sectors. Jamaluddin said the current increasing sales of heavy equipment is expected to continue until next year.

PT Angkutan Sungai, Danau and Penyebrangan (ASDP) Indonesia Ferry proposes the concept of Coastal Ferry to maximize the connectivity of inter-island logistics trucks. The concept is believed to lower the inter-island logistics costs and reduce the number of the trucks passing through the national roads on the north coastal line (Pantura). President Director of ASDP Indonesia Ferry Faik Fahmi said currently there are about one million trucks passing through the Pantura per year, some with excess capacity causing damages on the roads. “The spending for repairing

the roads has been increasing up to one trillion rupiah per year,” Faik said at Akmani Hotel, on Thursday (10/26). According to him the increasing number of trucks with excess cargoes has been causing congestion and increasing the fuel consumption. Not surprisingly, said Faik, the damages of many agricultural products have reached 70 percent due to the problem. To solve it, especially in reducing the number of trucks on Panturan, Faik introduces the roll on roll off (Ro-ro) ships. “The capacity of the Coastal Ferry is able to carry 200 trucks and some countries use it as the main transportation mode,” he said added.

The Coastal Ferry, like being used in Turkey, will be able to reduce the distance, the use of fuel, and especially the congestions on the national roads caused by the big number of logistics trucks. The main problem, according to Faik, is that Indonesia does not have a suitable ship for logistics freight. Another key factor for the success in implementing the Coastal Ferry is the regulatory support, said Faik. “It is related to the regulation on the maximum laden weight and axle weight of vehicles.” He added that besides the regulation, the operational on the field and the commitment of all parties involved to support the Coastal Ferry program are also needed.

B4 | November, 2017 | Vol. 7 No. 11

EDUCATION Minister Arief Yahya Calls on Students of President University to Go Digital Tourism Minister Arief Yahya has attended the Presidential Lecture at the campus of President University, Cikarang, Bekasi, accompanied by Deputy for Tourism Institutional Development (BPKK) H.M Ahman Sya. The public lecture was held on Monday (9/25) with the theme of Indonesian Tourism & Entrepreneurship between Local Business Creation & Global Competition, attended by 450 students and lecturers. During the Presidential Lecture, the minister delivered a presentation entitled “Between Local Business Creation and Global Competition”, encouraging the young people to participate in the development of tourism as Indonesia’s most

prospective sector to develop in the future. Tourism Minister Arief Yahya also inaugurated the Entrepreneurship Incubator named SetSail BizAccel Laboratory, the President University Business Accelerator located in the Kota Jababeka. The business incubation program is established for the President University students. While inaugurating, Arief Yahya said, “This business incubation should be able to prepare the students to win the global competition, and business incubations today should be directed toward digitalization. A business incubator must be close to the industry to make it to run well with the re-

sults that can be absorbed by the market.” The name of Setsail BizAccel was selected to imply that this incubator will bring the participants to sail for a better future. This newly opened incubator has 30 initial participants engaged in various business fields. “The More Digital, The More Personal, The More Digital, The More Professional” was the closing point of the Minister Arief Yahya’s presentation as a message to the students of President University. The event ended with a group photo of the Tourism Minister and the Presidential Lecture participants. (KEMENPAR/ TPP)

Spektronics ITS Team Surprised to be Champion in America The Spektronics team from the Institute of Technology Sepuluh Nopember (ITS) was surprised when announced as the winner of the biggest Chem E Car event held by the American Institute of Chemical Engineers (AIChE). Also winning the best video category, Spektronics ITS team leader Putu Adhi Rama Wijaya said he did not expect his team would win the prestigious international competition. “We did not expect it, because it is the first time the Spektronics participated in this competition,” said Putu on Monday (10/30). He said by participating in the event, many new lessons have been learned, especially on the strict regulation. However, he added, all the determination and hard works have paid off, although the preparation was only one year. Putu said he hoped in the future the Spektronics ITS team would be able to hold its championship and even perform much better. “Hopefully this achievement will lift the name of ITS and Indonesia high. We also hope it will encourage the youth and students to always contribute something to the nation.” According to Putu, every year the Spektronics ITS team always strives to upgrade the car, both in terms of energy as well as mechanical and electrical optimization. Thus, the car in the future can be more precise with energy efficiency and environmentally friendly.

He said his team will present two concepts of the 15th and 16th generation of Spektronics cars. The cars will be equipped with renewable energy in its high capacity battery with environmentally friendly fuel cells. “Obviously these concepts are still in design and research so far, to get the optimum formulation.” The one competed in the AIChE Chem-E-Car Competition 2017 was the Spektronics Aero Superior or Spektronics AS car. This car uses the reaction of Hydrogen Peroxide (H2O2) to run with Ferum (III) chloride (FeCl3) as the catalyst. The exhaust gas from the fuel of this prototype car is in the form of pressurized oxygen (O2) and water (H20), making it very environmentally friendly. Measuring at 36.8 centimeters long, 25.0 centimeters wide and 29.0 centimeters high, and 7,500 grams weigh, the car uses a pneumatic system to drive the engine. The pressurized gas will move and stop the car directly through the decomposition reaction, so there is no need of stopping mechanism to stop the car. The Spektronics ITS team won the first race by beating 43 competitors. Some of the competitors were from top universities in America such as Arizona, Colorado, Cornell, Iowa, Georgia, Oklahoma, Oregon, California, Cincinnati, Kentucky, Louisiana, Maryland, Michigan, Nebraska, Pittsburgh, Tennessee, Virginia, Washington State University. There were also other top universities from outside America such as KAIST from Saudi Arabia, Qatar, Tianjin China, Canada, Greece, NTU Taiwan, Korea, Hongkong, India, and Colombia. The ITS Spectonics team consists of 13 students from the Electrical Engineering Department and the Chemistry Department. Those who participated in the Chem E Car event in America were four members. They were Rifky Putra Herminanto (class of 2014), M Irfan Nurul Fajar (class of 2015), Miftahul Hadi (class of 2015) and Timotius Giovandi (class of 2015). (RPBK/TPP)

President University Introduces New Business Incubator ‘Setsail BizAccel’

The President University (PresUniv) launched its new business incubator called Setsail BizAccel located at the Medical Science Center, Jababeka, on Friday (10/20).

The event was attended by Rector of President University Dr. Jony Oktavian Haryanto, SE., M.M., M.A; Vice Rector for Academic Affairs Ir. Dwi Larso, MSIE., Ph.D; Vice Rector for Communication and Cooperation Handa S. Abidin, SH, LL.M., Ph.D.; Mentor of SetSail BizAccel and CEO of Carro ID, Ex-COO, and Head of OLX Marketing Alif Priyono, SetSail BizAccel Director and one of the lecturers at the Business Faculty Adi Setyo Santoso, and 60 other people including lecturers and students. Dwi Larso opened the event with a welcome speech, followed by Tumpengan (traditional coned yellow rice with side dishes, served in a ceremony in Indonesia) marking the inauguration of this incubator. The SetSail BizAccel

provides facilities for the young people to meet with mentors and investors in various fields. The environment created from the interaction is expected to generate new young entrepreneurs. “The SetSail BizAccel as a new facility at the PresUniv will support the New Curriculum 2017 to facilitate the students to become entrepreneurs. In today’s digital and millennium era, 25% of President University students want to run their own business after graduation or even before,” said Dwi Larso. SetSail BizAccel’s Director Adi Setyo Santoso gave an overview on the foundations and strategies of this incubator. He said that the main purpose of this incubator is to create an entrepreneurial ecosystem to support the students

in developing their own startup business. He added there are three ways to create an entrepreneurial ecosystem, namely the existence of Co-Working Space, the mentorship by industrial experts, alumni, local and international incubators, and getting the investors. Meantime Alif Priyono shared his experiences and expertise in the start-up business. According to Alif, President University already has a good environment to produce graduate entrepreneurs supported by good mentors and incubator as well as the entrepreneurial spirit of the students. The event was closed with a sharing session and discussion about running a start-up business after graduating with

the President University alumni Steven Gouw (Business Administration class of 2013), the founder of recruitment agency RumahPorto, and Dastin Dimaz (Business Administration class of 2013), Digital Marketing Associate of PT Audi Citra Lestari. “The students of President University are creative with a variety of business ideas in grabbing an opportunity to create something valuable for the consumers and society. The value can be financial or social (socio-entrepreneurship). President University is very enthusiastic in entrepreneurship and global perspective. We are committed to provide maximum supports for the creation of start-ups/new businesses from small and grow them into advanced and big businesses

for the prosperity of the nation. The SetSail Business Accelerator is one of the commitments,” said Dwi Larso. During the event, Computing Atmosphere (Compsphere) was also introduced, an annual event held by President University’s Computer Science Faculty aiming to introduce and encourage people to develop themselves in line with the technological developments. The event will be held on November 14-15 and the agenda include competitions for high school and university students, exhibition of thesis done by the graduates of Computer Science Faculty, and a seminar presenting companies that have been successful in developing technology in Indonesia. (PU/TPP)

Here are 17 Indonesian Campuses Ranked Asia Best

Indonesian universities increasingly gain recognition. This year 17 universities are included in the 400 best campuses in Asia by Quacquarelli Symonds (QS). In the report of QS Asia University Rankings 2018, University of Indonesia (UI) and Bandung Institute of Technology (ITB) entered the top 100 campuses in Asia. The previous year report of QS Asia University Rankings put 11 Indonesian universities in the 351 best campuses. Those in this year’s best 400 campuses include Hasanuddin University (Makassar), University of Pelita Harapan (Tangerang), Udayana Uni-

versity (Denpasar), Sebelas Maret University (Solo), Atma Jaya Catholic University (Jakarta) and Catholic University of Parahyangan (Bandung). The UI’s ranking rose from the position of 67 last year to 54 this year. This is the highest rank ever achieved by UI. ITB also increased drastically from 86 in 2017 to 65 in 2018. The next is Gadjah Mada University (UGM) rose from 105 in 2017 to 85 in 2018. QS Asia University Ranking 2018 ranks 400 colleges in 17 countries in Asia. Other campuses are Bogor Institute of Agriculture/IPB (147), Airlangga University (171), Padjadjaran University/Unpad (176),

Sepuluh Nopember Institute of Technology/ITS (232), Diponegoro University/Undip (240), Bina Nusantara University (in the rank of 251-260), Brawijaya University (291-300), Hasanuddin University (301-350), University of Muhammadiyah Surakarta (301-350), Atma Jaya Catholic University (351-400), University of Pelita Harapan (351-400), Udayana University (351-400), Sebelas Maret University (351400), and Parahyangan Catholic University (351-400). In the QS Asia University Ranking 2017, UI was ranked 67, ITB (86), UGM (105), Airlangga University (190), IPB (191), Unpad (199) Undip (231-240), University of Muhammadiyah Surakarta (251-300), ITS (251 -300), Brawijaya University (251-350), and Bina Nusantara University (251350). Meanwhile, the QS World University Ranking 2018 version ranks UI at the position of 54 in Asia and 277 in the world. For accounting and finance, UI is

ranked #151-200, for graduate employment at #251-300. On the size scale, UI is categorized in the 30,000 students aged 100 years old and middlelevel researches. In the Times Higher Education Supplement 2009, UI was ranked 34 out of 201 universities in the world. UI Rector Muhammad Anis said the achievement indirectly shows that educational institutions in Indonesia have been recognized in Asia. “UI’s achievement is supported by all parameters. Based on the measurement by the QS team, UI excels in the quality of educators, academic reputation, number of foreign educators in UI, as well as teaching and learning activities in each faculty.” Other indicators successfully met include significant improvements in journal publications, management of human resources, and organizational governance. The success was supported by the habits, policies, and internationalization of students

and educators. Meantime ITB is ranked 331 in the world and 65 in Asia. Its art and design majors are ranked #51-100, while its graduate employment at the level #301-500. For researches, ITB gets high level, with the number of students 30,000 people. UGM is ranked #401-401 in the world and 85 in Asia. Its art performance major is at the position of #51-100, while the graduate employment at #301-500. In terms of researches, UGM is at the middle level. The best campus in Asia is Nanyang Technological University (NTU) Singapore, the second is the National University of Singapore (NUS), and the third is The Hong Kong University of Science and Technology. NTU President Professor Bertil Andersson said NTU has made fantastic progress from the 14th rank at the beginning of QS Asia in 2009. “This latest achievement is the best, supported by the reputation in building the NTU over the

years,” he told Channel News Asia. Vice Rector for General Administration, Alumni and Communications of ITB, Miming Miharja, said that the ranking upgrade thanked to the ITB’s efforts in improving the reputation of alumni at works. The publication of various activities held by ITB also improved its image internationally. Meanwhile, Head of Public Information Office of Unpad Bandung Ade Kadarisman said he was very grateful for the increasing rank of Unpad Bandung both in Asia and Indonesia. In Asia, Unpad is ranked 176, while in Indonesia is number 6 or up 200 points compared to 2017. “Unpad Bandung continues to coordinate internally to meet various aspects needed in the ranking and communicate with various related parties,” said Ade. (SND/ TPP)

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Japanese Senior Introduces Shodo Calligraphy Art to Calm Heart at Senior Living D’Khayangan Senior Living D’Khayangan (SLD) presented a demonstration of shodo calligraphy art at the SLD Care Center Jababeka Cikarang on Thursday (11/2). The demonstration was showed by Japanese senior Muto Kenji who just started to live in the Senior Living D’Khayangan in October 2017 and wants to contribute to the venue right away. The event was attended by the D’Khayangan Senior Club as well as other elderly from nearby area. In his interview with Muto said, “Shodo has a long history and origins from China. Japan began to know about it 1,500 years ago. In Japan shodo calligraphy is very popular, I know it since elementary school. But I learned it in depth when I worked in Hong Kong for 16 years, and got a very good teacher there. “Shodo is one of Muto’s hobbies, so when he left for Indonesia a few years ago, Muto brought his shodo writing equipment with him. “Almost every day I practice,” he said. According to Muto, shodo must be experienced first-hand, not only following the explanations. “For preparing the ink quietly, I will need 10-15 minutes. But it will make my heart very calm and happy, no problem at all in my head, everything is forgotten,” Muto said. “This is the first time I teach shodo, because usually I do it for my enjoyment. The seniors

here do not have the skills yet, but they have a high interest,” he added. Regarding the Senior Living D’Khayangan, Muto said he admires how friendly the staff here. “I am very impressed with this senior living. All the staff are very friendly and thoughtful. It’s surrounded by a green neighborhood, no noise pollution and the air is clean,” Muto concluded. Director of Jababeka Long Life City, Marlin Marpaung said, “Muto san will not only share his experiences on shodo, but also judo martial arts. He has a black belt level 5, but because his physic is not at that prime anymore, it will be done by working together with the Waseda University. There will be judo training here at the President University via student exchanges.” “Muto san will also give his testimonial on how he enjoys the golden days of old age at the D’Khayangan in front of thousands of Japanese seniors who join the Longstay Foundation community,” he added. Marlin said he expected the thousands of seniors who like travelling to Asia and Southeast Asia can visit Indonesia more often. “We expect both short stay (2 weeks) and long stay (over a month) travelers to visit Indonesia as an elderly tourism destination, D’Khayangan in particular,” he concluded. (TPP)

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A SHIP WHILE SAILING S.D Darmono This latest contribution from businessman and industrialist, Bpk Djuandi Darmono, is a useful follow-up to his earlier book highlighting his philosophy of starting and developing a business venture, Think Big, Start Small and Move Fast. In this new book, he takes a panoramic view of what makes Indonesia from its genealogy, then through its fledgling days in the runup to the establishment of the Republic of Indonesia right up to the present day. He sets out the good and the needs for improvement and discusses how it can become one of the greatest success stories of recent history.

The metaphor used for the title is apt since the founders of one of the largest republics in the world and now also the foundation for the ASEAN union, established this archapelagic country of 17,000 islands out of the stormy waters that pervaded world politics and the socio-economic mess that was left at the end of World War II. Development of the new country, or the sailing of the ‘Ship called Indonesia’, had to be done while at the same time establishing all the foundations of government and in the correct form to ensure the country would progress for the benefit of all the people. The book is divided into eleven chapters and provides much thought and many ideas for all generations, first providing a useful historical background for the younger generations unaware of the many trials and difficulties faced by their forefathers and forthright suggestions for how the civil servants and private sector can raise the economy for the benefit of all. The first chapter, entitled the Genealogy of Indonesia, commences with a look back to the ancient history as to how Indonesia, as it is today, came into being over the billions of years since planet Earth was born. A summary of the pre 20th period of colonialism leads into the 1920s stirrings in the thinking of Indonesians benefiting from study in Europe and being introduced to the ideas of socialism as it entered into the mainstream of political agendas, in UK (birth of

the Labour party) for instance, and in its extreme form, communism as already then being administered in Russia. A cadre of young educated Indonesians signed the Youth Pledge in October 1928 to acknowledge one motherland and one nation, Indonesia and one language, Indonesian. The period saw the emergence of those who would later be among the founders of the country, Hatta, Yamin, Syahrir and Tan Malaka, not to mention Soekarno. The ideas took root to set the path of the new Republic of Indonesia, launched in 1945, and stating the Pancasila with its 5 principles as the constitutional foundation of the country. Reference is made to the storm of 1965 and the economic crisis of 1998, and how Indonesia weathered these, emerging as a fully fledged democracy with involvement by right at the highest seats of international government, discussion and policy. Chapter II provides an interesting profile of the founding fathers of the country, their strengths and weaknesses, and the roles that they played in the establishment and early development of the nation, while Chapter III follows on with the need to engage and play a full part in global affairs, while still respecting and sustaining the deep cultural roots embedded in the country. The chapter addresses the important subjects of what it means to be part of the Global Society, the importance of education and the impact on this and future of living in the Cyber Age, care for

the nation but without any inward-looking form of nationalism, issues for migrant workers and the proper meaning of patriotism. It discusses the nation state and its future and the role of unions of nations, such as ASEAN. Chapter IV is a tribute to the strong cultural roots of Indonesia, too often not properly appreciated, particularly by Indonesins themselves. The chapter lays out a set of principles to live by and warns against those to be avoided, and marks the challenges to nurturing a strong society, corruption being a major issue Care for our fellow human beings and our environement is stressed. Chapter V is entitled “Making the people prosper”, and delves more deeply into the challenges that the country faces in raising standards and spreading these more widely across the archipelago, linking education quite properly as the foundation for a people’s prosperity. It draws attention to the key roles that pushing further industialisation in the economyand working hard on the underdeveloped tourism sector can play in raising prosperity more fairly and widely. It also stresses how it is essential to break down governmental obstructions to private sector and community initiatives. This leads neatly into Chapter VI, which discusses actions needed to galvanise the resources and energy in the business world. It touches on the need to create tough business people,

but at the same time safeguarding business ethics, becoming less reliant on government and stamping out the eroding influence of feudalistic practices. The next chapter discusses the importance of learning from other nations, and presents the impact of the political development of the main world’s countries of China, India and the US. Reference is made to the application that Japan and S Korea made to the principle of observe, copy and modify as the foundation of their impressive growth after WWII. Tribute is paid to the very active way in which Australia has raised it education and training methods to the highest levels, and the single-minded dedication that Singapore has made over half a century to become a leading first world country in many technology development fields, and not just a place to go for shopping and medical attention. All this leads to the adoption of the Mental Revolution promoted by President Joko Widodo, a prerequisite to overcome negativity, suspicion and narrow-minded arrogance, often a substitute for ignorance, something that is in the forefront of thinking at President University. The inadequately promoted subject of Tourism and the huge cultural heritage across the country is the subject matter of Chapter VIII. Not only is an active tourist industry good domestically for the further internal socialising of the people of the archipelago, it is also the best way to promote the understand-

ing of what the country means to foreign tourists. All round, it also provides huge economic returns not just to government, but directly to the many people that can work in the industry. Indonesia’s immediate neighbours, especially, Malaysia, Singapore and Thailand, without the full diversity of culture and environment that Indonesia has to offer, have made huge strides in the development of their respective tourist industries, currently outmatching the efforts of Indonesia. The opportunities and rewards are huge and the challenge is there! Chapter IX considers the sobering subject of Improving Governance. The main thrust of this chapter concerns a proposal to get the different sectors of country governance, namely the government, private sector and education and academia all sharing and mixing together over the crucial decisions that are required to move the country ahead. The proposal is to develop executive clubs, on the principle of Jababeka’s Executive Club that was established in its successful Jababeka industrial estate at Cikarang, east of Jakarta, across the archipelago in each of the provincial regions of the country. The idea has been tried elsewhere and found to be a successful way in galvanising government and communities, wherein the decision making processes on development needs can be made in a corporate community spirit to serve the specific needs of a given area. In Chapter X the ongoing is-

sues around the Urbanisation of the country are raised, including the need to embrace the ­ever-changing technology that is a feature of the Cyber Age. Some further 90 million more Indonesians will live with town and city lifestyles within the next 30 years, in line with world trends, and there is an urgent requirement to consider how expansion is to be achieved, while also taking on board the many ideas that are being proposed around the theme of Smart Cities. Jababeka has taken the concept on board but there will be much to do in the years ahead, involving the whole range of development disciplines around urban develop­ ment – planning, architecture and engineering, environmental and various support services, to ensure that all the new areas are long-term sustainable. The final chapter is in form of a summary of the key points that the country has to take on board to ensure that the ‘Ship called Indonesia’ sails steadily and majestically into the future. There is no question that this is a ‘must read’ for all Indonesians who want to find out about their country, a land of opportunity, and put their hand up and say ‘Yes, I want to be part of the crew that sails the ship’.

l Prof Scott Younger OBE DEng(Hon) PhD International Chancellor, President University l Preface by Prof Dr Komarudin Hidayat

November, 2017 | Vol. 7 No. 11 |



10th Anniversary Moment of Jakarta Fashion Week The biggest fashion weekend event in Southeast Asia, Jakarta Fashion Week was officially opened on Saturday (21/10). From October 21 to October 27, 2017, the event featured hundreds of Indonesian andforeign designers from Australia, Sweden, India, Japan, South Korean and England who showcases their best works, expected to be a mecca for the fashion trends in Indonesia in 2018. This year Jakarta Fashion Week is special, because the prestigious fashion week also celebrated its 10 years existence as a platform of the Indonesian fashion industry for the Indonesian designers especially the ones joining the Indonesian Fashion For-

ward incubation program to be able to go international. At the opening ceremony of the Jakarta Fashion Week 2018, Svida Alisjahbana as the chairperson of Jakarta Fashion Week as well as CEO of Feminagroup said, “The 10-year journey is so full of dynamics and is not always easy, but we are proud to have achieved such a level of collaboration between various stakeholders in the fashion industry: designers and associations, textile and garment factories, retailers, local governments, international cultural centers, fashion schools, media, and social media influencers. This collaboration involves even other industries indirectly related to the world fashion but enrich the treasures.” Triawan Munaf as the Head of Creative Economy and Veri Y Setiadi as the CEO of the Senayan City also gave a speech at the opening of Jakarta Fashion Week 2018. The theme taken for the Jakarta Fashion Week 2018 is “Bhineka dan Berkarya” (Sundry and Thrive) because the Fashion industry has been able to unite the various differences, influences and cultural heritage while providing the point of view in the lifestyle choices. For a week, Jakarta Fashion Week 2018 featured the collaborated fashion shows, designers and models. The government agency of BEKRAF (National Council of Regional Handicrafts DKI Jakarta Office) as well as various international institutions like the Australian Embassy, British Council, Embassy of Sweden, Korea Creative Content Agency, Korea Model Association, Japan Fashion Week Tokyo, Fashion Design Council of India also participated in the event. (LPT/TPP)


| November, 2017 | Vol. 7 No. 11


Celebrating 21st Anniversary, Jababeka Golf & Country Club Holds Tournament

CIKARANG, Saturday (10/28) - Jababeka Golf & Country Club (JGCC) celebrated its 21st anniversary by organizing a golf tournament on Saturday (10/28).

Mamin Kasdiamah, General Manager of Jababeka Golf & Country Club, expressed his gratitude to the sponsors who have supported the tournament. Meantime Bahrul Uluum, Commissioner of Jababeka Golf & Country Club, delivered a speech related to the commemoration of Youth Pledge October 28 which hopefully would give more spirit to the participants in playing the tournament and he also hoped next year the Jababeka Golf Anniversary tournament will be more festive. The “21th Anniversary of Jababeka Golf & Country Club� tournament was attended by 161 participants from several regions in In-

donesia, played using the 36game format (handicap today), offering a grand lucky draw of 1 motorcycle and the hole in one prize of one unit of Ayla car, Brio car, Metropark Condominium along with Lifetime Membership of JGCC. Here are the winners of the 21st Anniversary of Jababeka Golf Tournament: For the nearest to the pin category #13 was Mr. Lim Jong Rai with a distance of 2.7 m, while the nearest to the line category #9 went to Mr. Lee Won Bok with a distance of 27 cm. In the category of Flight C (20 - 36), the Best Nett II was won by Mr. Shigeta Hirofumi with gross 92, handicap 20, and nett 72, while the Best Nett I by Mr. Okai with gross 92, handicap 24, and net 72,

and Best Gross by Mr. Herry S with gross 92. In the category of Flight B (15 - 19), the Best Nett II went to Mr. Moon Jong Shik with gross 87, handicap 16, and nett 71, while the Best Nett I to Nurul Kowim with gross 88, handicap 18, and net 70, and the Best Gross to Mr. Kim Deok Choon with gross 85. In the category of Flight A (1 - 14), the Best Nett II was won by Mr. Haryanto with gross 80, handicap 10, and nett 70, while the Best Nett I by Mr. Yoon Duk Hwan with gross 80, handicap 10, and net 70, and the Best Gross by Mr. Kim Myung Jung with gross 77. The Best Nett Overall went to Mr. H. Lukman with gross 79, handicap 10 and nett 69, while the Best Gross Overall to

Mr. Han Jeon Seok year with gross 77. Designed by world-class golfer and architect Nick Faldo, the Jababeka Golf & Country Club is located at KM 31 Kota Jababeka Cikarang, about 30 minutes from Jakarta. The Jababeka Golf & Country Club offers a challenging field with international class championships, equipped with strategic elements, such as water features, a wide selection of tees and various pin positions, at the same time providing magnificent views and a lush green field. The 67-hectare golf course has 18 holes and a 72 par, providing a true challenge and an unforgettable golfing experience for the busy executives, both local and foreign. (TPP)

The President Post English Edition November 2017  

In 3 Years Jokowi Builds 568 Kilometers of Toll Roads, Here are the Data On October 20, 2017, President Joko Widodo and Vice President Jusuf...