Below is a list with tagged columns and company profiles.

Today's Headlines Fishery

  • How Many Islands Does Indonesia Have? Government to Count

    How Many Islands Does Indonesia Have? Government to Count

    Indonesia is known as the world's largest archipelago. However, local authorities do not exactly know how many islands Indonesia actually has. Back in 1996 the central government made a rough estimate of 17,500. However, rising concerns about illegal fishery and radical Islam as well as growth of protectionism (the battle for natural resources) has made the Indonesian government eager to turn the rough estimate into precise knowledge. However, this will not be an easy undertaking.

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  • Minister Susi Pudjiastuti on Illegal Fishing in Indonesia

    Minister Susi Pudjiastuti on Illegal Fishing in Indonesia

    Susi Pudjiastuti, Indonesia's Minister of Maritime Affairs and Fisheries, informed that still not all fishery products that are captured in Indonesian seas and waters are reported to the government. For example, in 2015 only 6 million tons of captured fish were reported to authorities, while it is estimated that production in fact reached 7.4 million tons, implying a 18 percent difference between "legal" and "illegal" fisheries production in Indonesia. In fact, Indonesia's Maritime Affairs and Fisheries Ministry believes the figure is much higher.

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  • Diplomatic Relations Indonesia & China: Another Illegal Fishing Incident

    Diplomatic Relations Indonesia & China: Another Illegal Fishing Incident

    Diplomatic relations between Indonesia and China face another challenge as reports suggest that the Indonesian navy fired at an illegal Chinese fishing boat near the Natuna Islands in the South China Sea on Saturday (18/06). According to Chinese sources the incident injured one Chinese fisherman, while Indonesian sources claim there had been no injuries. The waters in the South China Sea are claimed by China, while Indonesia considers these waters part of its exclusive economic zone.

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  • Indonesia Investments' Newsletter of 22 May 2016 Released

    Indonesia Investments' Newsletter of 22 May 2016 Released

    On 22 May 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economic matters such as revisions made to the economic growth forecasts for Indonesia in 2016 and 2017, the trade balance, batik industry, infrastructure, rupiah & stocks, company updates, and much more.

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  • Fishing Industry Indonesia: Leading Tuna Producer, Concern about Overfishing

    Fishing Industry Indonesia: Leading Tuna Producer, Concern about Overfishing

    Indonesia has become one of the largest - if not the largest - tuna producing countries around the globe. It is estimated that Indonesia supplies about one million tons of the saltwater finfish per year or 16 percent of the world's total tuna supply. As such, the tuna fishing industry has become a vital component of Indonesia's fishing industry and an increasingly important foreign exchange earner within the overall economy. Susi Pudjiastuti, Minister of Maritime and Fisheries, is confident that Indonesia will enhance its key role in the world's tuna industry.

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  • Growth of Indonesia's Fishery Sector Outpacing Overall Economic Growth

    Growth of Indonesia's Fishery Sector Outpacing Overall Economic Growth

    Ever since Indonesian President Joko Widodo appointed Susi Pudjiastuti as Indonesia's Minister of Maritime Affairs in October 2014, this ministry has received plenty of attention from the media. When appointed, media were skeptical about Pudjiastuti, a businesswoman who is regarded eccentric for being a divorce, having a tattoo and being a smoker. However, she has survived cabinet reshuffles, turned into a media darling, and - most importantly - Indonesia's fishery sector has grown strongly under her leadership.

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  • IPO Dua Putra Utama Makmur on the Indonesia Stock Exchange

    IPO Dua Putra Utama Makmur on the Indonesia Stock Exchange

    Due to the Indonesian government's push to develop the nation's maritime sector, the initial public offering (IPO) of Dua Putra Utama Makmur, an Indonesian integrated fishery, marine product processing and cold storage company, was oversubscribed 1.5 times. I Made Satyaguna, Head of Investor Relations at Dua Putra Utama Makmur, said the company's target of raising IDR 921 billion (approx. USD $67 million) through the IPO has been achieved. More than 90 percent of investors are pension funds.

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  • Illegal Fishery, Abuse & Slavery on Indonesia’s Benjina Island?

    Illegal Fishery, Abuse & Slavery on Indonesia’s Benjina Island?

    The recently exposed case that involves illegal fishery, abuse and even alleged slavery on and near the remote island of Benjina (East Indonesia) has taken another turn after a key witness in the case was found dead in a hotel in Central Jakarta over the weekend. Yoseph Sairlela, adviser at Indonesia’s Maritime Affairs and Fisheries Ministry, was beaten to death according to local media. Indonesia's National Police stated that it suspects the murder is related to the ‘Benjina-case’. The ministry requested police protection for other key witnesses.

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  • World Bank: Rehabilitating Indonesia’s Coral Reefs for People’s Welfare

    World Bank: Rehabilitating Indonesia’s Coral Reefs for People’s Welfare

    Coremap, a project supported by the World Bank, aims to revive Indonesia’s coral reefs in an effort to improve the welfare of coastal communities in Indonesia. By rehabilitating coral reefs, the country’s fish population, vital to the livelihoods of local communities, can expand. Moreover, the rehabilitation of coral reefs entails better opportunities in the (eco)tourism sector as it will attract underwater tourism. As such, new small businesses can be established in the coastal areas.

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  • Project for Fisheries and Aquaculture for Food Security in Indonesia

    The Indonesian government and the Netherlands-based Wageningen University and Research Center will cooperate in a new bilateral fisheries and aquaculture project. This project, called 'Project for Fisheries and Aquaculture for Food Security in Indonesia' aims to enhance food security and reduce malnutrition in Indonesia through increasing the availability of various fish products on Indonesia's domestic market. The Netherlands and Indonesia together contribute 9 million euro to finance the project.

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Latest Columns Fishery

  • International Relations Indonesia-China: Illegal Fishing Case

    International Relations Indonesia-China: Illegal Fishing Case

    Indonesian Minister of Maritime and Fisheries Susi Pudjiastuti said Indonesia could raise the (illegal) fishing dispute between Indonesia and China - that occurred near the Natuna Islands in the South China Sea over the weekend - at the International Tribunal for the Law of the Sea if China's authorities fail to respect Indonesia’s sovereignty over its sea territory. Last Saturday (19/03) a Chinese ship (Kway Fey 10078) was spotted fishing illegally within Indonesia's Exclusive Economic Zone in the South China Sea. Its crew was arrested and ship confiscated. However, two armed Chinese coast guard ships arrived to intervene.

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  • Successful IPO Dua Putra Utama Makmur on Indonesia Stock Exchange

    Successful IPO Dua Putra Utama Makmur on Indonesia Stock Exchange

    Shares of newly-listed Dua Putra Utama Makmur soared on Tuesday (08/12) at its debut on the Indonesia Stock Exchange (IDX). Shares of the fish processing firm, the 15th company to be welcomed on the IDX in 2015, climbed 50 percent to finish at IDR 825 per share. Dua Putra Utama Makmur offered 40 percent (1.67 billion new shares) of its total equity at a price of IDR 550 per share, hence raising IDR 918.5 billion (approx. USD $67 million).

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