Bakrieland & The Affected Banks

Bakrieland & The Affected Banks

Bakrieland Development (ELTY), property company controlled by Bakrie Family, booked net loss of Rp42 billion in the first quarter of 2015 against profit of Rp69 billion in the same period of last year. The Company’s sales revenue collapsed 49.3% to Rp320...

Inexpensive Xiaomi Gains Popularity in Indonesia

Xiaomi is a smartphone producer from the People’s Republic of China. The company Xiaomi Inc was established in 2010, but its product only entered the Indonesian market by August 2014—six months after Xiaomi hits the Singapore market in February 2014. Xiaomi has...

Foreign Investment Updates

Four global smartphone producers/vendors are set to operate their factories in Indonesia in response to the government’s plan to boost local content in smartphone products. Ignatius Warsito, an official from the Ministry of Industry, identified the four...

China vs Japan in Indonesia Infrastructure Projects

President Joko ‘Jokowi’ Widodo had a very busy day Wednesday (May 27). He met delegations from China and Japan at the State Palace, Jakarta to discuss, among other things, development of infrastructures in Indonesia.  The President met Liu Yandong, deputy...

Calvin Kizana, the Founder of Photo Sharing Application PicMix

Technopreneur, Calvin Kizana, established the smartphone, photo-sharing application PicMix in 2012. Similar to William Tanuwijaya of Tokopedia, Calvin did not come from a rich family in Jakarta. He had to support himself financially while pursuing a degree in Computer...

Logistics Industry Player: PT Pos Indonesia

One of the most popular logistics players in Indonesia is JNE of PT Tiki Jalur Nugraha Ekakurir (JNE). But there is another company that we must not overlook: the oldest state-owned postal services company PT Pos Indonesia. Agus F Handoyo, the director of Mails and...
Pelindo IV Financials & Sea Toll Program

Pelindo IV Financials & Sea Toll Program

PT Pelabuhan Indonesia (Pelindo) IV has just kicked off construction of the so-called Makassar New Port in South Sulawesi last week. President Joko ‘Jokowi’ Widodo himself launched the project as part of the so-called ‘Sea Toll Program’...
Railway Projects to Watch

Railway Projects to Watch

Directorate General of Railways at Ministry of Transportation has just released its Railways Strategic Plan for 2015-2019, outlining Jokowi-Kalla regime’s plan to develop 3,000 KM of railways in five major islands of Java, Sumatra, Sulawesi, Kalimantan, and...

CEO of Bank Mandiri Talked About Social Media

Social media—be it in the form of blog, microblog, or social network—has become one of the channels for consumers to express their opinion about companies, products, and services. Some companies take consumer’s opinion well, they use them as lessons for improving...
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