Dec 14, 2015 | Industries, News Group
Last weekend, the Indonesian e-commerce community held a National Online Shopping Day, otherwise known as Harbolnas. More than 130 e-commerce players participated in the annual event. Harbolnas was first help in 2012 to spread awareness about online shopping with...
Dec 14, 2015 | Industries, Market, News Group
PT Rimo International Lestari Tbk (RIMO) this morning disclosed that it has downsized its rights issue program to 28.39 billion new shares, representing 98.8% of its enlarged shares capital, from the initial plan of 30.6 billion new shares. As the new shares are...
Dec 14, 2015 | Industries, Market, News Group
The growth of e-commerce Indonesia encouraged e-commerce players to establish their own association as a collective communication platform. And so the Indonesia Ecommerce Association (IdEA) was established in May 2012. But something happened along the way that a new...
Dec 14, 2015 | Industries, News Group, Politics
When President Joko “Jokowi” Widodo first spoke of the sea toll concept, not that many understood what he meant. Since then, the President and his subordinates have tried to consistently explain that what the President meant by sea toll is a dedicated infrastructure...
Dec 14, 2015 | Industries, Market, Reviews
State-owned electricity provider PT Perusahaan Listrik Negara (PLN) has last month kicked off tender for the development of power transmissions to support the 35,000 MW program. In five years time, Indonesia needs to build 732 segments of power transmission with total...
Dec 13, 2015 | Industries, Market, Reviews
The Investment Coordinating Board (BKPM) is reviewing proposals from foreign investors, including Japanese, to open up more the cold storage industry. Ownership cap for foreign investors will be revamped in a bid to support President Jokowi’s maritime vision. ...
Dec 12, 2015 | Industries, Market, Reviews
Ministry of tourism has started campaigning Tour de Flores 2016, inviting bicyclist from 30 countries to participate in the 650-KM tour starting in Larantuka, East Flores with final destination in Labuan Bajo in West Flores, in a bid to boost tourism industry in the...
Dec 12, 2015 | Industries, Market, Reviews
Land acquisition for KM 3.6-8.9 of Bakauheni-Terbanggi Besar toll road in Lampung province, southern most of Sumatra Island, has almost been completed as owners of 500 out of 600 parcels of land have agreed to the price consideration offered by the government. The...
Dec 11, 2015 | Industries, News Group
In recent years, Indonesia has become known for hosting music festivals with impressive line-ups. Those of you may already be familiar with well renown events such as Java Jazz Festival, Soundrenaline, Java Rockin’Land and Ultra Music Bali. But you may not already be...
Dec 11, 2015 | Industries, Market, Reviews
PT Kino Indonesia (KINO) Tbk is scheduled to kick off trading of its shares on Indonesia Stock Exchange (IDX) this morning with initial market capitalisation of Rp5.43 trillion. One private equity firm has reportedly taken big portion of shares in the initial public...
