Dec 11, 2015 | Industries, Market, News Group
Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on edge after a broad rout in commodities heightened fears about receding global growth, Reuters reported. A supply glut in oil markets, cooling growth in...
Dec 11, 2015 | Industries, Market, News Group
Central bank (Bank Indonesia/BI) maintains its tight bias money policy for preventing capital outflow. This issue is crucial as the government remains reliant on foreign debts. To ease the tight bias money policy will prompt the capital outflow amid the US monetary...
Dec 10, 2015 | Industries, Market, Reviews
Ministry of public works predicts cement consumption in the projects built by the ministry would almost double to 3 million tons in fourth quarter of 2015, contributing to positive growth of cement market in the last quarter of the year. Cement, however, is one thing....
Dec 10, 2015 | Commodities, Industries, Market
SeafoodSource.com reported more than five years ago that PT Fega Marikultura, claimed as the largest barramundi fish (Asian sea bass) producer in Indonesia, planned to boost its production from 3000-4000 tons per annum to 40,000 tons by 2013. Back then barramundi...
Dec 10, 2015 | Industries, Law
PT Jaddi Internasional’s efforts to demand compensation from PT Hite Jinro failed after the panel of judges of the Commercial Court in the Central Jakarta District Court granted Hite Jinro’s exception. Accordingly, the panel of judges will not proceed to examine the...
Dec 10, 2015 | Industries
The Ancol beach, a property under the management of PT Pembangunan Jaya Ancol Tbk (IDX:PJAA) is the only coastal entertainment park available in Jakarta. The entertainment park was established since 1966, and has since been the destination for Jakartans in search of a...
Dec 10, 2015 | Industries, Reviews
The growth of digital entertainment made us wonder about the future family entertainment centers. Now that children have easy access to playtime in their tablets, are amusement parks still appealing? This is why we began looking into Kidzania, and why today...
Dec 9, 2015 | Industries, News Group, Reviews
In 2012, Mohammad Reza Chalid made into the list of Globe Asia’s 150 Richest Indonesians. He was ranked 76th with wealth estimated at 350 million USD from his oil and kids entertainment business. Chalid’s kids entertainment business is Kidzania, an edutainment...
Dec 9, 2015 | Industries, Market, Reviews
KMP Private Ltd, controlled by Salim Group, has recently partnered with Malaysia’s CAB Cakaran to set up a joint venture for the development of an integrated poultry business in Indonesia. According to media reports, Salim Group will hold a 90% stake in the...
Dec 9, 2015 | Industries, Market, Reviews
President Joko ‘Jokowi’ Widodo took the delivery of a 125-MW powership from Karpowership, the energy arm of Turkey-based Karadeniz Holding, in Tanjung Priok port, Jakarta yesterday. The utility-sized floating power plant is now on her way to North...
