Dec 1, 2015 | Industries, News Group
State-owned PT Telekomunikasi Indonesia Tbk (IDX:TLKM) has seen the potential of a blossoming digital economy in Indonesia. The company is therefore eager to establish its own version of the Silicon Valley in country. Since 2011, TLKM has allocated funding and...
Dec 1, 2015 | Industries, Market, Reviews
Hipwee was established by Indonesia-based Estonian entrepreneur Lauri Lahi in April 2014. The Buzzfeed style online media operates under PT Hipwee Media Solutions. It produces infotainment articles with scope of subjects covering entertainment, travelling, and...
Nov 30, 2015 | Industries, Market, Reviews
The Government can say whatever it wants about alcoholic beverage, but the fact to the matter remains that several government institutions are direct and indirect benefactors of alcoholic beverage businesses. The most glaring example would be the Jakarta province...
Nov 30, 2015 | Industries, Market
Males Banget Dot Com, otherwise known as MBDC Media, is one of the growing online media outlets in Indonesia. MBDC of www.malesbanget.com, was established by Arianjie AZ, Indonesian actor Christian Sugiono, and Aryo Sayogha in 2002. Claiming to be an entertainment...
Nov 27, 2015 | Industries, Market, News Group
In late August, President Joko “Jokowi” Widodo asked Indonesian e-commerce players to create applications that can support the work of Indonesian farmers and fishermen, like weather application or GPS to locate fish. The President also hoped that there would one day...
Nov 27, 2015 | Industries, Market, News Group
Asian markets opened in positive territory on Friday as investors took their cues from European equities, which closed higher Thursday in anticipation of further stimulus from the European Central Bank (ECB), Cnbc.com reported. The composite index of the Indonesia...
Nov 26, 2015 | Industries, Market, News Group
Oil price closed a bit higher on Wednesday (Nov. 25) after the US inventory report showed increased petroleum supply, but a separate report showed fewer drilling rigs in service. Traders were looking ahead to next week’s OPEC meeting in Vienna for signs on...
Nov 26, 2015 | Industries, Law, News Group
PT United Coal Indonesia finally fell into bankruptcy because they were unable to fulfill the obligation to pay the debt which has been stipulated in the Company’s peace proposal for its creditors. United Coal’s fate was sealed after the panel of judges of the...
Nov 26, 2015 | Industries, Market, News Group
Coordinating Minister for Maritime and Natural Resources Rizal Ramli told the press that the national economy was bouncing back from its downturn to recover for growth as shown in the past three months. The cabinet reshuffle that took place in late August, according...
Nov 25, 2015 | Industries, Market, Reviews
Ministry of public works and housing has on Tuesday (Nov 24) signed EPC contracts for the development of three water reservoirs worth Rp1.8 trillion. That means contracts for 13 water reservoirs worth Rp9.23 trillion financed by State Budget 2015 (revised) have all...