AmCham Update
AmCham Update Vol. 2 #51
Development Financing Head Meets AmCham, Bike Lane Update, Post-Eid Cases Up
Jun 02, 2021 | AmCham Indonesia

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US Development Finance Corporation in AmCham Discussion

AmCham Indonesia held a virtual “get to know you” discussion with Douglas Midland, the new head of the Indonesian office of the US International Development Finance Corporation (DFC), this morning, June 2, as a way to introduce our members to the opportunities the agency has to offer.

The DFC is the US government’s development finance institution, primarily responsible for providing and facilitating the financing of private-sector development projects in lower and middle income countries.

Midland spoke about the DFC’s work in financing development projects across the globe. With its various private investment offerings, the DFC is keen to engage with the Indonesian government and support projects involving AmCham members. 

Midland is the first head of the Jakarta DFC office, which represents an expansion of the agency’s outreach in Southeast Asia.

Midland also discussed the potential for foreign investment in priority sectors, such as renewable energy and healthcare, and the DFC’s thoughts on near term opportunities for foreign sector involvement in Indonesia. The DFC believes it is entering the market at a time when both opportunities and challenges are abundant, which makes a coordinated approach to projects more important than ever.

The forum raised awareness of the DFC and how members may tap into its services to support projects. AmCham looks forward to future engagements with the DFC. 

CLICK HERE FOR THE DFC PRESENTATION


Speedy Bicycles Allowed Out of Designated Lanes Early in the Morning

Bicyclists are now permitted to move outside of designated right-hand bicycle lanes between 5:00 AM and 6:30 AM, according to an agreement between Polda Metro Jaya and the Jakarta provincial transport office (Dishub DKI). After 6:30 AM, road cyclists who do not stay in the provided bike lanes will receive reprimands.

Polda Metro Jaya traffic director Sambodo Purnomo Yogo said the move was to provide more room for bicycles travelling at a greater speed that need to overtake other dawdling riders. He said he has deployed his personnel to patrol and monitor the riders, and is still waiting for additional provisions from the Governor of Jakarta on the use of bike lanes. 

Related link:


AmCham Cares: Starbucks

Starbucks commemorated Earth Month in April with a number of initiatives, including having its partners (employees) from all stores in Indonesia wear blue (the color of Earth) every Thursday.

Reflecting the company’s commitment to reducing plastic waste, Starbucks continues to explore ways to reduce single-use plastics and in stores throughout Indonesia, since the launch of the Bring Your Own Tumbler program over 12 years ago. Customers can now buy the new collectible 1 liter reusable bottle that can be used for every beverage purchase, including 1 liter hand-crafted products.

Starbucks’ commitment to support local artists is represented by its collaboration with Kreaby, a center for creative art and people with autism. The project has resulted in a new collectible 1 liter reusable Kreaby bottle available at all stores in Indonesia, the Starbucks official store on Shopee.co.id and Lazada.co.id.

Starbucks Drive-Thru at Cipondoh also has become the first store in Indonesia to use solar panels to provide part of its electricity supply from clean and renewable energy. This small step is part of making a positive contributions to the Earth.


Covid-19 Cases Rose by 56.6 Percent after Idul Fitri

Covid-19 cases in Indonesia have risen by 56.6 percent in the two weeks after Idul Fitri, with an additional 90,051 new cases, according to the Covid-19 Task Force. Spokesperson Wiku Adisasmito said the increase from May 13-31 was a bit lower than the 65.5 percent increase during the equivalent period in 2020. Last year’s death toll rose by 66.34 percent, compared to 3.52 percent so far this year.

Wiku said Central Java saw the highest rise at 103.2 percent, followed by the Riau Islands (103 percent), Riau (69 percent), Jakarta (49.5 percent), and West Java (25 percent).

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Micro PPKM Extended for 9th Time

The government has officially extended the implementation of micro-scale community activity restrictions (PPKM) for the 9th time from June 1 until June 14. The government says this is because the Covid-19 pandemic has still not been sufficiently controlled in Indonesia.

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Jakarta New Student Admissions (PPDB) Go Online

Registration for the 2021 Jakarta new student admissions (PPDB) will start on June 7, with the registration and selection process conducted online, so students can take part from the safety of their homes. 

In accordance with Jakarta Governor Regulation 32/2021 on PPDB Technical Guidelines: prospective students must create an account on https://ppdb.jakarta.go.id, then activate a token that will allow them to choose their desired school. Following the results of the selection process, students that pass must register themselves so they are officially acknowledged as new students.

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Get Katadata and Stay Updated on News and Trends

In this fast-paced world, it is often hard to stay informed on the latest political issues and business trends that may affect our lives. This is why Katadata’s D-insights provides the information we need on a daily basis, plus weekly and quarterly reports that summarize the trends and give background on the business, politics, markets, and energy.

Katadata D-insights offers a special rate for all AmCham members. The subscription for D-Insights are as follows:

Individual Subscriber:

Visit the link https://dinsights.katadata.co.id/account/subscribe for more details. Use the code "AMCHAM1" to get a special price for AmCham Members

Corporate Subscriber:

Up to four users with a special price at Rp 40,000,000 annually. Send names, emails, and quote “AMCHAM2” to [email protected]


Support Independent Journalism: Subscribe to The Jakarta Post

In these difficult times, our hometown English language newspaper, The Jakarta Post, is more important than ever. Given the difficulties of physical circulation and the economic slump, the Post needs to boost its online subscribers – a goal we heartily support at AmCham Indonesia. Quality English language news is vital for our businesses, our home offices, and the flow of information out of Indonesia. It is for this reason, that we are urging all of our members and readers to subscribe to JP! Information is what will help get us through this crisis. Below is information about how to sign up.

JP Premium Digital Subscription Packages

https://www.thejakartapost.com/packages

Monthly subscription – Rp 50,000

Yearly subscription – Rp 600,000


Now is the Time to Join AmCham!

Now is the Time to Join AmCham!

We offer a full slate of meetings, events, and information for our community online. But we can only do this through the support of our members. If you are not yet an AmCham member, please join now.

AmCham Indonesia is open to all companies with an interest in US business relations and we have many non-American members. We are a community and we welcome you!

Reach us at [email protected] or click below!

JOIN AMCHAM

 


AmCham Office and Events

AmCham Office and Events

The AmCham Office is on the work-from-home status and all face-to-face meetings and events have been postponed. We are having a number of meetings online using the Zoom platform. You will be notified of virtual meetings as they are scheduled.

 

 


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What is Your Company Doing on COVID-19?

Please let us know what measures your company may be taking in the form of donations and other assistance to help Indonesia during this time of confusion and concern. Contact [email protected] with your news. We would like to publicize the ways that our AmCham companies are pitching in.


Stay well

We urge you to send us press releases and other information that we can pass on to the broader AmCham community. If you have items of interest, please email material to [email protected]. Follow this link to information provided by the US Embassy

Stay safe, call a doctor if you have a high fever, cough, or difficulty breathing. Stay healthy above all else.


AmCham Update is AmCham's regular newsletter on developments related to the pandemic crisis and other issues in Indonesia. It is edited by AmCham Managing Director A Lin Neumann and written by the AmCham Staff. Paul L Goddard is the Managing Editor