Tags Posts tagged with "Jakarta"

Jakarta

AirAsia chief’s futile bid to become ASEAN Secretary-General

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Tony Fernandes, flamboyant Malaysian entrepreneur, co-founder and group chief executive of AirAsia Group and chairman of Tune Group, a Kuala Lumpur-based leisure and entertainment...
Indonesia struggles to take the brakes off slowing economy

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Indonesia’s President Joko Widodo believes that now is “the best time to invest” in the country despite its current economic problems. During his first...
Foreign property buyers can soon venture into Indonesia

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Foreigners and non-residents in Indonesia will soon be allowed to purchase and “own for lifetime” residential property, a new regulation that has been warmly...
Indonesia seeks Mideast tourists and investors, but confines destinations

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As part of an overall tourism offensive, Indonesia plans to increase the number of well-spending visitors from the Middle East and, at the same...
Indonesia tourism push: Focus on Jakarta, Bali, Batam, Bintan

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Indonesia will focus on Bali and islands near Singapore rather than developing more remote spots in the world’s largest archipelago, as it seeks to...
Qatar to help Indonesia shelter Rohingya migrants

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The wealthy Arab nation of Qatar on May 28 pledged $50 million to help Indonesia shelter Muslim Rohingya migrants from Myanmar, the official Qatar...
Thailand remains attractive for property buyers despite military rule

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Despite its current political and economic troubles, Thailand remains an attractive location for property investors, new data compiled by Global Property Guide, a popular...
Indonesia’s GDP to surge, surpassing Russia’s, Australia’s by 2023

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Southeast Asia’s most populous nation, Indonesia, is set to become a trillion-dollar economy as early as in two years, according to a forecast by...
Mideast airlines heavily increase capacity to Singapore

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Qatar Airways, Etihad and Emirates are seen as the big winners after Singapore Airlines has been drastically cutting back flight capacity to the Middle...
East Asia’s rapid urbanisation an economic game-changer: World Bank

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Rapid urbanisation in East Asia is transforming the region and will lead to drastic socio-economic changes in the near future, the World Bank said...
General Motors to build new car factory in Indonesia

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US car giant General Motors (GM) said on February 2 that one of its Chinese ventures plans to establish manufacturing operations in Indonesia to...
Indonesia’s Jokowi sworn in as president as economic problems mount

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Indonesia’s Joko Widodo has taken over as president of the world’s third-largest democracy, with high hopes among supporters but pressing economic problems set to...
South Korea’s GS Group seeks to expand in Indonesia

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GS Group, Korea‘s seventh-largest conglomerate by assets, is aiming to expand its energy, construction and retail businesses in Indonesia as part of a globalisation...
Jakarta to be protected from flooding by $263-million sea wall

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Indonesia has officially launched a $263 million project to build a giant sea wall along the coast of its capital, Jakarta, to protect businesses...
Confirmed: Samsung to open cellphone factory in Indonesia

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Indonesia's Industry Minister MS Hidayat has confirmed that South Korean electronics giant Samsung will open a cellphone factory in the country, contradicting the company’s...
GM struggling in ASEAN as Thai unrest knocked sales

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US car maker General Motors (GM) said it was “struggling” in Southeast Asia as the recent political upheaval in Thailand knocked sales, compounding stiff...
Indonesia pushes Central Java as Asian low-cost manufacturing hub

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The sleepy province of Central Java, which has long been the heartland of a Javanese culture that frowned on aggressive profit-seeking, is trying to...
Indonesia’s Widodo faces huge reform challenge

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After his resounding victory in Indonesia's presidential race, Jakarta governor Joko Widodo now faces the daunting task of taking the world's third-biggest democracy forward as...