Feb 26, 2015 | Industries, News Group, Reviews
Yesterday, we briefly profiled three of the most popular mobile taxi-booking applications for smartphones, i.e., GrabTaxi, Uber and Go-Jek. Today we’re going to talk about what the customers think about them. Nataya Naia, a Jakarta-based fashion designer, told us on...
Feb 26, 2015 | Industries, Market, Reviews
SGX-listed chocolate producer Petra Foods Ltd is a company with market capitalization of S$2.5 billion. The Company reported lower sales revenue of 0.9% to US$503.98 million last year, of which Indonesia contributed almost 73% of the total revenues. Petra Foods,...
Feb 25, 2015 | Industries, Reviews
Ask everybody developing e-commerce sites, including the big boys, they would likely mention the name of Alibaba.com. Lippo Group, for example, said it invests US$500 million in e-commerce site MatahariMall.com to become Indonesia’s Alibaba. John Riady, director...
Feb 25, 2015 | Industries
Many transportation companies have developed their own mobile service application to respond to the growth of smartphone users. These mobile applications aim to better the access to service to the customers. Aside from making booking service easy, some of the apps...
Feb 25, 2015 | Industries, Market, Reviews
On November 20, 2012, Asia Systems Ltd, controlled by Indonesian-based private equity firm Northstar Pacific acquired 50.05% shares of SGX-listed company Nera Telecommunications Ltd for S$88.76 million. Through mandatory tender offer, Asia Systems Ltd managed to grow...
Feb 24, 2015 | Industries, Market
Ceramic producer PT Arwana Citramulia (ARNA) Tbk booked net profit of Rp259.3 billion last year, an increase of 10% from 2013. Investors responded positively with 0.52% gain in ARNA shares this morning. Some, however, consider ARNA too expensive already. With earning...
Feb 24, 2015 | Industries, News Group
Condoms are still considered to be something of a taboo in Indonesia. They are linked to promiscuity and premarital sex, which would explain the constant unease many have with the thought of condoms. But, ironically enough, Indonesia has one of the largest condom...
Feb 23, 2015 | Commodities, Industries, News Group
The Minister of Energy and Mineral Resources (ESDM) Sudirman Said met with PT Freeport Indonesia, PT Newmont Nusa Tenggara, PT Gorontalo Mineral, and PT Kalimantan Surya Kencana on Wednesday Feb. 18 to discuss the smelter project development roadmap. One of the...
Feb 23, 2015 | Industries, News Group
A social media campaign emerged in the wake of the execution of convicted drug-runners Myuran Sukumaran and Andrew Chan. Australians started the hashtag #boycottbali on Twitter to rally their countrymen against visiting Bali for their holidays in a move to stop...
Feb 23, 2015 | Industries, Market
World crude steel production for the 65 countries reporting to the World Steel Association was 133 million tons in January 2015, declined 2.9% from January 2015. This was attributable to 4.7% fall of production in China, the world’s single largest producer,...
