Dec 17, 2015 | Industries, Market, News Group, Profiles
Vietnamese food has been growing popularity amongst Indonesians in the past few years. A number of new Vietnamese restaurant chains opened are easily spotted across Jakarta. There are Pho 24, Saigon Delight, Do An and NamNam Noodle Bar. The most recent of the addition...
Dec 16, 2015 | Industries, Market, News Group
Kapanlagi Network, otherwise known as KLN Network, is one of the growing Indonesian internet technology companies with a wide range of entertainment platforms in their portfolio. The company, which oversees up to 10 entertainment and lifestyle platforms, has been able...
Dec 16, 2015 | Industries, Market, Reviews
Shares of Express Transindo (TAXI), the second largest taxi operator in Indonesia, dropped further by 10% to its new low this morning. At the current price, Express Taxi is valued only 0.2 x equity and almost 1/100 of market leader Blue Bird (BIRD). TAXI, however, is...
Dec 16, 2015 | Industries, Market, News Group
Nymex’s crude oil fell 1.42% to US$36.82 per barrel in Asian trading this morning, but it’s already begun rebounding from levels below $35, recovering ahead of an expected and long-awaited hike in the main US interest rate. An anticipated US interest rate...
Dec 16, 2015 | Industries
Data from the Traffic Department of the Jakarta Metropolitan Police Office shows that there are more than 16 million private vehicles in Jakarta—Jakarta has a population of 9 million. The number of private vehicle ownership has been increasing approximately by 9.93...
Dec 15, 2015 | Commodities, Industries, Market, Reviews
Indonesia’s export reached US$11.16 billion last month, down 7.91% from the previous month and 17.6% from November 2014 due to further corrections in commodities. Almost all products, except footwear which grew 17%, dropped significantly. Interestingly, import...
Dec 15, 2015 | Industries, Market, News Group
Ending months and years of rumors, PT Jakarta Globe Media of the Lippo Group finally ended the printing of its English-language newspaper, the Jakarta Globe, today Dec. 15. The Lippo Group had decided to move completely into digital publishing. The group has announced...
Dec 15, 2015 | Industries, Market, Reviews
Interra Resources Limited, an oil and gas exploration company listed on Singapore Exchange, has entered into a memorandum of understanding with Sany South East Asia Pte Ltd, wholly owned subsidiary of Chinese construction machinery player Sany Heavy Industry Co Ltd....
Dec 15, 2015 | Industries, Market, News Group
The Indonesian Capital Investment Coordinating Board (BKPM) has received inputs suggesting to offer bigger ownership or interest to foreign investors interested in segments of business in the transportation sector. Under current regulation, foreign investors are only...
Dec 14, 2015 | Industries, Market, Reviews
After decades of talk-the-talk, physical construction of the 12-KM railway connecting Soekarno-Hatta international airport and the existing railway to Manggarai station in South Jakarta has finally been started. President Joko ‘Jokowi’ Widodo asked for...
