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Malaysia is now banning any products that have the labels ‘palm oil-free’ and ‘no palm oil’

“Apparently 12 products with the labels “palm oil-free” and “does not contain palm oil” have been forced to be removed from shelves nationwide” writes Sukhbir Cheema for mashable.com. In a move that can be considered absurd and baffling to some, the Malaysian government recently greenlit a ban on any products that display “no palm oil” or “palm oil-free” labels.This move is also in line with the government’s objective of supporting the palm oil industry via the Sayangi Sawitku (Love My Palm Oil) campaign,” Malaysian Domestic Trade and Consumer Affairs Minister,…

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Boeing, pilot error, maintenance blamed for jet crash that killed 189

“We are very angry (at Boeing) because their negligence has caused our loved ones to die,” said Muhammad Asdori, 55, whose brother and nephew were killed in the Lion Air crash” writes Associated Press for nbcnews.com. Just five months after the Indonesian crash, the same kind of malfunction caused a Max jet to crash in Ethiopia, killing all 157 people on board.JAKARTA, Indonesia — An Indonesian investigation found a Lion Air flight that crashed and killed 189 people a year ago was doomed by a combination of aircraft design flaws,…

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U.S. Helps Mastercard, Visa Score Victory in Indonesia in Global Lobbying Effort

“The decision would have hit the companies by reducing their earnings in Indonesia, especially on the more lucrative credit card fee” writes Gayatri Suroyo for reuters.com. The change will allow the U.S. companies to process credit card transactions without having to partner with a local company in Indonesia, the sources said.Indonesia’s decision represented a major lobbying victory for U.S. payment companies in efforts to beat back a host of new regulations in Asia and elsewhere around data storage or the promotion of local payment networks over foreign ones.The lobbying effort…

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Facebook says removed multiple accounts from Indonesia, UAE, Nigeria, and Egypt

“Agranovich said Facebook also removed fake accounts related to two other unconnected networks in the Middle East and Africa” writes Midwest Communications Inc for 95kqds.com. Earlier this year, it removed accounts from Iraq, Ukraine, China, Russia, Saudi Arabia, Iran, Thailand, Honduras and Israel.(Reuters) – Facebook Inc has announced it removed hundreds of pages, groups and accounts on its platforms for “coordinated inauthentic behavior” linked to three operations in Indonesia, the United Arab Emirates, Egypt, and Nigeria.The executive said this operation used fake accounts “to masquerade as local media organizations in…

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Indonesia president orders delay in vote on criticized criminal code

“Hundreds of students staged protests outside parliament on Thursday against the proposed changes to the criminal code” writes Midwest Communications Inc for 95kqds.com. JAKARTA (Reuters) – Indonesian President Joko Widodo on Friday ordered a delay in a parliamentary vote on revisions to the criminal code, which has been criticized by rights groups as an assault on basic freedoms. Source: 95kqds.com

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Outcry at Indonesia draft criminal code that could see unmarried couples jailed

“The Indonesian parliament has spent decades revising its colonial-era criminal code, creating a 628-article draft bill that could be passed in coming days” writes Kate Lamb for theguardian.com. Under the draft law, a woman who has unlawfully terminated her pregnancy could face four years in prison.The new code also looks set to rollback Indonesia’s notable press freedoms by making it a criminal offence to insult the president and vice president.Indonesia is set to pass a new criminal code that could outlaw living together outside marriage and insulting the president, among…

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Indonesia central bank likely to cut rates again to shore up economy: Reuters poll

“The other eight economists expected the central bank to stand pat” writes Midwest Communications Inc for 95kqds.com. Analysts had predicted July’s cut was the beginning of an easing cycle to unwind the central bank’s tightening in 2018.This year, the central bank and government officials have expressed concerns about the global economic slowdown, saying policies should be aimed at supporting Indonesia’s GDP expansion.BI’s policy meeting will conclude hours after the U.S. Federal Reserve meets, in which it is expected to cut rates again, following last week’s easing by the European Central…

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Indonesian parliament passes controversial revisions to law on anti-graft agency

“JAKARTA (Reuters) – Indonesia’s parliament voted unanimously on Tuesday to approve changes to a law governing the country’s anti-graft agency, which activists fear could undermine its powers to tackle corruption” writes Midwest Communications Inc for 95kqds.com. But the reforms have alarmed anti-corruption activists, who fear they are meant to weaken the agency.Parliament passed a motion last week to debate amendments to the 2002 law that created the agency, leading to Tuesday’s revisions that will place it under the oversight of an external board. Source: 95kqds.com

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Indonesia plans tax overhaul to make tech firms pay VAT – finance minister

“President Joko Widodo’s re-election campaign promise for a corporate tax cut will also be part of the bill, Indrawati said” writes Midwest Communications Inc for 95kqds.com. Indonesia will adopt a “territorial” tax regime for personal income tax, a change from the current “world-wide” regime, she said.Google had a tax dispute with Jakarta in 2016 over alleged tax evasion, including missing VAT payments on advertising revenues, which it resolved with an undisclosed settlement.The Indonesian government has repeatedly said it wanted to make streaming service providers such as Netflix pay their fair…

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News Oil 

Sleepy to sleepless? Indonesia’s future capital in the forest

“Conservationists said they were far from convinced that there would be no spillover effects from moving the capital to East Kalimantan” writes Midwest Communications Inc for 95kqds.com. “The capital is a city that never sleeps.The site of the new capital is about 1,300 km (800 miles) northeast of Jakarta.There will be no building in protected forest and the government plans to reforest abandoned mines and illegal palm oil plantations, Planning Minister Brodjonegoro said. Source: 95kqds.com

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