Indonesian stocks are traded by Japanese investors every day, but one recent request from Tokyo was out of the ordinary. A big investor phoned up a local fund manager asking to buy $1bn in equities on the Jakarta stock exchange within just 20 days. Jakarta is not liquid enough to handle that kind of money. But [...]
by Ahmad Saiful Muhajir We already posted some new rare species found in Indonesia, but it seems that more and more beautiful and fabulous rare species are found gaian, by the joint expedition between Indonesia and NOAA called Indonesia-USA Deep-Sea Exploration of the Sangihe Talaud Region (INDEX 2010). This expedition started from June to August 2010 with [...]
Furniture Brands International is building a case goods plant and distribution center here that will be its largest such facility in the world. The 1.4-million-square-foot operation on the island of Java is about five miles from an existing Furniture Brands plant in Semarang. That 330,000-square-foot facility was built as a Maitland-Smith plant and today primarily produces [...]
A fertile archipelago of 17,500 islands, and one of the world’s most populous countries, Indonesia is enjoying an unprecedented consumer and resource-driven boom. In April, the International Monetary Fund predicted that its $514 billion economy, the biggest in Southeast Asia, would grow 6 percent this year, up from 4.5 percent in 2009. James Castle, a Michigan native [...]
Indonesia’s credit rating outlook was raised to positive by Moody’s Investors Service, highlighting the strength of Asia’s emerging economies amid soaring debt burdens in developed nations from Greece to Japan. The outlook on Indonesia’s Ba2 local-and foreign-currency sovereign ratings was changed from stable, Moody’s said in a statement today, three months after Standard & Poor’s raised [...]
While the telecom services “growth market” focus has been on the BRIC (Brazil, Russia, India, and China) nations in recent years, a new Pyramid Research report suggests the industry should be paying closer attention to Indonesia too. The report, “Indonesia: Rising Competition to Spur Telecom Revenue Growth,” reveals that there’s a marked under-penetration of most telecom services [...]
Indonesia has raised the foreign ownership limit on certain sectors, such as agriculture and health care, in a bid to lure investments, according to a presidential decree. The decree said the government will allow foreigners to hold up to a 49% stake in individual companies in the staple food plantation industry. Previously, [...]
The opening of direct flight route from Indonesia to Europe recently following the lifting of travel ban on some of Indonesian airliners by the European Union is expected to boost the number of European tourist coming into Indonesia. Over one million foreign tourists from the territory are expected to come into Indonesia this year, higher than [...]
