May 27, 2015 | Industries, Law
The group of people who believe that they’re conducting a constitutional jihad have filed two other request for judicial review to the Constitutional Court (MK) against Law No. 30/2009 on Electricity and Law No. 25/2007 on Foreign Investment (UU PMA). The group...
May 26, 2015 | Industries
Tokopedia is one of Indonesia’s e-commerce start-up business. It has grown in popularity among Indonesian entrepreneurs. In October last year, Tokopedia signed a deal with two international venture capitals to receive an investment of up to US$100 million. One...
May 26, 2015 | Industries, Politics
Ever since the tragedy of AirAsia QZ8501, Minister of Transportation Ignasius Jonan have tried to reorganize Indonesia’s aviation industry. The Minister authorized an audit process involving all relevant stakeholders, and from then onwards moved to do the...
May 26, 2015 | Industries, Market
Indosat (ISAT) booked net loss of Rp456 billion in the first quarter of 2015 against profit of Rp797 billion in the corresponding period of 2014. One would easily point to huge losses in foreign exchange translation behind the net loss. But, Indosat’s problem is...
May 25, 2015 | Industries
Internet penetration has shifted job hunters’ way of looking for a vacancy. Job hunters are increasingly relying on the internet, from tools such as search engine to jobs portal. Browsing for vacancies in the classifieds section of newspapers, and visiting jobs...
May 25, 2015 | Industries
The Indonesian government eyes Middle Eastern tourists as a part of their effort in boosting the growth of foreign tourist visitations. The government believes that Middle Eastern tourists could help hoist foreign visitations growth to 12 percent per year. The...
May 24, 2015 | Industries, Reviews
Minister of industry affairs Saleh Husin has on Friday (May 22) kicked off expansion of paper manufacturing facility of Sukanto Tanoto’s APRIL Group in Riau province. The new mill, built with Rp4 trillion of investments (around US$300 million), will produce...
May 23, 2015 | Industries, Market, Reviews
Pretty much as predicted China Sonangol boots its presence in Indonesia. This morning, President Joko ‘Jokowi’ Widodo kicked off construction of twin towers developed by China Sonangol and its Indonesian partner Media Group (controlled by Surya Paloh,...
May 22, 2015 | Commodities, Industries, Politics
Central Sulawesi is home to Vale Indonesia (current name of INCO), the largest nickel producer in Indonesia. The province will take part in the 2015 simultaneous regional elections on Dec. 9, 2015. And incumbent Governor Longki Djanggola, a politician from Prabowo...
May 22, 2015 | Industries
Lippo Group appointed former CEO of PT Garuda Indonesia, Emirsyah Satar as the new Chairman of MatahariMall.com. John Riady, director of Lippo Group assured the market that the presence Satar would bring Lippo one step closer to transforming MatahariMall into a...
