Nov 25, 2015 | Industries, Market, News Group
Last week, Uber Indonesia announced that the ride-sharing, technology provider was in the process of becoming a foreign direct investment (PMA) company in Indonesia. Karun Arya, the spokesperson of Uber Indonesia, told the press on Friday (Nov. 20) that Uber had...
Nov 25, 2015 | Industries, Market, News Group
The central bank (Bank Indonesia) projects banking loan to grow by 12-14% in 2016 and third party funds to grow by 13-15%. The central bank also projects that Indonesia’s economy would grow by 5.2-5.6% next year on the back of domestic demand and investment as...
Nov 25, 2015 | Industries, News Group
Prepaid SIMCards for cellular phones are easy to come by in Indonesia. For as little as 5,000 rupiah, one can buy one’s access to mobile connectivity. Owner registration is a part of activating any SIMCards but that hasn’t stopped the numbers from being...
Nov 24, 2015 | Industries, Market, Reviews
Ministry of public works and housing claims this year as the fastest when it comes to utilisation of State budget for acquisition of land needed for infrastructure projects, especially toll roads in Java, Sumatra, Sulawesi, and Kalimantan. The ministry has utilized...
Nov 24, 2015 | Industries, Law, News Group, Politics
The Ministry of Transportation (Kemenhub) has several plans to improve the infrastructure and administration of air transportation, such as adding airport capacity, tightening the procedure of approval on airlines’ Standard Operating Procedure (SOP), and improving...
Nov 24, 2015 | Industries, Market, News Group
A woman wearing green shirt and black apron was moving around picking fresh fruits and vegetables in the Farmers Market of Epicentrum Walk on Monday late afternoon. At a glance, she appeared like any other customer. But at the same time, she also appeared like a...
Nov 24, 2015 | Industries, Market, News Group
It’s not a secret that many mainstream, Indonesian media outlets are owned by politicians. This is one of the reasons why we’ve seen instances wherein said politicians use their media for their personal, political interests. But things are changing. Mainstream media...
Nov 23, 2015 | Industries, Market, News Group
Traditional media companies have mostly moved into the digital sphere, but they have done so while maintaining their conservative shape and form; replicating the experience of reading the paper online. New media companies, on the other hand, are changing the format,...
Nov 23, 2015 | Industries, Law, News Group
The bankruptcy dispute between PT Metro Batavia (Batavia Air) and the team of curators in charge of the company’s bankruptcy entered a new phase. The curators recently won a lawsuit in the petition for Reconsideration (PK) to auction off Batavia Air’s office in Jalan...
Nov 23, 2015 | Industries, Market, Reviews
Minister of state-owned enterprises Rini Soemarno has revisited the idea of consolidation of gas pipelines operated by PT Perusahaan Gas Negara (PGAS) Tbk and PT Pertagas, subsidiary of fellow State company Pertamina. What kind of consolidation? “Pursuant to...
