Tags Posts tagged with "Jakarta"

Jakarta

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...
New Indonesian president targets growth ‘unseen since Asia crisis’

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Indonesia's President-elect Joko Widodo said he’s aiming for a growth pace Indonesia hasn’t seen since before the 1990s Asian financial crisis, a shift that...
Indonesia sells 1 billion euros of sovereign bonds in debut

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Indonesia's debut sale of euro bonds attracted bids for almost seven times the 1 billion euros ($1.4 billion) sold, as the country took advantage...
Lotte to open four malls in Indonesia by 2018

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Lotte Shopping Co., South Korea’s largest department store operator, plans to open four shopping malls in Indonesia by 2018 to tap growing consumer spending...
Indonesia in need to promote pearl industry

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Indonesia, one of the largest pearl producers, needs to further promote its pearl potential throughout the world, so that it can gain maximum benefits...
Vietnam to establish fishing business with Indonesia

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Vietnam expects to sign a Memorandum of Understanding with Indonesia to support the plan of establishing a joint venture on fisheries business, Vietnam Ambassador...
Open source software firm sees big potential in Indonesia

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US-based software company Red Hat Inc. will open an office in Jakarta as the open-source software provider sees a big market potential for its...
Indonesia 10th largest economy globally: World Bank

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Indonesia has the 10th largest economy in the world with the country contributing 2.3 per cent of global economic output; according to a recent...