Jan 12, 2016 | Industries, Market, Reviews
President Joko ‘Jokowi’ Widodo has on December 21, 2015 signed Government Regulation No. 96/2015 about Facilities and Incentives for Special Economic Zones (SEZs). The Regulation gives tax, customs & excise, manpower, immigration, land, and licensing facilities to...
Jan 12, 2016 | Industries, Market, News Group
The central bank (Bank Indonesia/BI) indicates that year-on-year (y/y) retail sales per November 2015 has been improving, supported by sales growth in food, beverage, and tobacco. The Bandung municipality in particular posted higher growth for retail sales. Consumers...
Jan 11, 2016 | Industries, News Group
Indonesia’s Tourism Ministry hopes to increase the number of foreign and domestic tourists vacationing to Indonesia in 2016. Given the fact that Indonesia is an archipelago, air travel is an important means of traveling to the well-spread-out tourist destinations. But...
Jan 11, 2016 | Industries, Market, Reviews
Indonesia’s logistics industry continues to attract investments. This time, SGX-listed Otto Marine Limited, a leading offshore marine company specializing in building complex offshore support vessels, entered into a memorandum of understanding with a world-renowned...
Jan 11, 2016 | Industries, Market, News Group, Politics
On January 7, 2016, the Jakarta Governor Basuki “Ahok” Tjahaja Purnama appointed the former Vice President Director of PT Citra Maharlika Nusantara Corpora Tbk (familiarly known as Cipaganti – CPGT) Budi Kaliwono as the President Director of PT Transportasi...
Jan 11, 2016 | Industries, Market, Reviews
Indonesia recorded trade surplus of US$7.8 billion in the first 11 months of 2015 against deficit of US$2.2 billion in the corresponding period of 2014 because import dropped 20.2%, while export down 14.3%. While worrying about ASEAN Economic Community (MEA), the...
Jan 8, 2016 | Industries, Market, News Group, Reviews
Indonesia has repeatedly expressed its desire to become the world’s Islamic fashion hub. But Indonesia may have to do a very serious reality check because others around the world are moving towards a similar direction in a much faster speed. More and more global...
Jan 8, 2016 | Industries, News Group, Reviews
There’s been some excitement with the launch of the services of the broadcasting and cable television company, Netflix Inc. (Nasdaq: NFLX), in Indonesia. This happens as a part of NFLX’s business expansion to 130 countries. How will Netflix affect the...
Jan 8, 2016 | Industries, Market, Reviews
Four state-owned port management companies set aside Rp16.2 trillion of capital expenditures this year, an increase of 38.5% from last year, most of which will be spent in existing and new port projects. This might also boosting demand for construction materials...
Jan 8, 2016 | Industries, Market, Reviews
Improvement in the country’s infrastructure and logistics will eventually attract investments in manufacturing industry. It will take sometime before picking up, but some notable investments in manufacturing industry deserved attention. KIMIA FARMA (KAEF): The...
