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Tag: Indonesia

  • Indonesian ride-hailing app revs up to join Vietnam’s transport market

    Indonesian ride-hailing app revs up to join Vietnam’s transport market

    Indonesian ride-hailing app Go-Jek will officially launch in Vietnam this July, bringing more competition to the market currently dominated by Grab after it had acquired Uber’s Southeast Asia operations in March.

    Founded in 2010, the Indonesian transport startup has since raised over $1.5 billion from investors such as Google or China’s Tencent Holdings, as reported by Reuters.

    Starting out as a phone-based motorbike ride-hailing app, Go-Jek is now a digital platform which offers transportation, logistics and delivery services.

    To attract Vietnamese drivers, Go-Jek won’t initially charge drivers 20 percent commission fee and is offering free installation of its geographical positioning system.

    “This looks like an attractive offer, as I currently have to pay a commission fee of 28 percent for Grab,” Tuan, a Vietnamese Grab driver said.

    Singapore-based blockchain-powered ride-hailing app MVL is also reported to be entering Vietnam’s market in July.

    MVL would not require its driver to pay any commission, but instead generate a profit through selling data generated from its daily operations to insurance and market survey companies, said its CEO Kay Woo during a conference in HCMC earlier this month.

    Ever since Uber left the Vietnamese market last month, Grab has raised suspicions about creating a monopoly in Vietnam, now that one of its biggest rivals is gone.

    An investigation conducted by Vietnamese authorities has said that the deal between Grab and Uber showed signs of breaching Vietnam’s antitrust laws, as reported by local media on Wednesday.

    Preliminary investigation results showed that Grab’s share in Vietnam exceeds 50 percent of Vietnamese market after acquiring Uber, which is a potential sign of violating Vietnam’s regulation on economic concentration.

    Vietnam’s Competition and Consumer Protection Department is considering opening an official investigation into the deal.

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  • Balinese jeweller John Hardy plans US store rollout

    Balinese jeweller John Hardy plans US store rollout

    Indonesian jewellery brand John Hardy has inaugurated a new Miami flagship store, signalling the Made in Bali-brand’s retail strategy shift toward the US.

    The New York-headquartered brand has opened a boutique inside Florida’s Aventura Mall, much like its SoHo flagship store in New York, thus taking its store count in America to four.

    Stocking the brand’s unique jewellery collections for women, the Miami store will also feature a work area dedicated to the brand’s ‘Artisan in Residence Program’.

    In an interview with WWD, John Hardy CEO, Robert Hanson – who joined took the brand’s helm around the time private equity firm L Catterton took a stake in luxury jewellery brand — said the company has an “expansion” strategy in place, with a focus on the US.

    “We’ve identified domestically all A and A+ locations we would like to be in, maybe over the next two years 12 to 15 in A+ locations. We could expand beyond to 25 locations including the U.S. and Canada over time,” said Hanson, adding that company is in negotiations for two more locations for early 2019, with a possible third outlet store opening due in October on the West Coast.

    John Hardy already has stores in Houston and Los Angeles and two US outlets; one at Woodbury Commons in New York and the other at Desert Hills Premium in Riverside County, California.

    Outside Indonesia, the firm has three stores in Hong Kong at Gateway, Sogo and Landmark.

    In the last four years, John Hardy revenues have grown 25%, made up of U.S. wholesale (60%), Caribbean sales (10%), direct-to-consumer sales (20%) and international sales (10%).

    Canadian jeweller John Hardy founded the brand in 1975 in Bali. The company has its corporate headquarters in New York, as well as design studios in Bali and Thailand.

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  • A2P SMS to bring new life to aging messaging market

    A2P SMS to bring new life to aging messaging market

    SMS is not dead – not yet anyway. Ovum’s Mobile Messaging Traffic and Revenue Forecast: 2017-22 forecasts global revenues from application-to-person (A2P) SMS will finally exceed revenues from person-to-person (P2P) SMS by 2022, totalling $43 billion, even though A2P SMS traffic will be less than half of P2P SMS traffic by that time.

    P2P SMS revenues will generate just $40.2 billion in revenues by the end of the forecast period, but P2P SMS traffic will total 3.4 trillion messages in 2022, by comparison to 1.5 trillion A2P SMS.

    Figure 1: Global P2P and A2P SMS revenue, 2017-2022

    Figure 1: Global P2P and A2P sms revenue, 2017-2022Source: Ovum 2018

    The bulk of P2P and A2P SMS traffic and revenues will come mainly from the mobile-first, powerhouse markets of China, India and Indonesia.

    “Unfortunately for most telcos, P2P SMS has become essentially value-less, since they have had to bundle unlimited SMS into mobile tariffs to remain relevant to their customers, an increasing number of whom use chat apps such as WhatsApp, WeChat and Facebook Messenger. However, telcos can still charge a per-message termination rate for A2P SMS, which means it remains a more valuable source of revenues, since enterprises still value SMS for its global reach, affordability and mature ecosystem,” said Pamela Clark-Dickson, practice leader of Ovum’s communications and social team.

    Ovum forecasts chat apps will have 3.2 billion unique monthly active users (MAUs) by 2020, connecting enterprises with consumers via their platforms. Telcos and the wider ecosystem are therefore under pressure to protect their A2P revenues, driving them to upgrade from SMS to Rich Communication Services (RCS).

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  • Tory Burch Asia launches its brand in Indonesia

    Tory Burch Asia launches its brand in Indonesia

    With its exclusive retailer Time International, US lifestyle brand Tory Burch Asia has launched its first boutique for Indonesia at Tunjungan Plaza 4 in Surabaya.

    Joining a champagne toast for the occasion were Time International president/CEO Irwan Danny Mussry, Tory Burch Asia president Michel Gonzalez and Time International VP Shannon Hartono. More than 150 guests attended an in-shop cocktail party.

     

    Combining chinoiserie and Art Deco decor, the boutique has gold accents and amber lighting as a backdrop to the Tory Burch collection including shoes, bags, jewellery and watches. The design of the space was inspired by Burch’s home.

    The store launched with an assortment from Tory Burch’s latest collection, including Spring/Summer 2018 shoes, bags, jewellery and watches.

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  • Thai Lion Air increases flight frequency from Jakarta to Bangkok

    Thai Lion Air increases flight frequency from Jakarta to Bangkok

    Thai Lion Air, a subsidiary of Indonesia’s largest private airline, Lion Air, increased its Jakarta-Bangkok service from once a day to twice on Monday.

    The additional SL116 flight, which uses a Boeing 737-900ER, will depart from Don Mueang International Airport at 9 a.m. local time and arrive at Soekarno-Hatta International Airport at 12:30 p.m. Meanwhile, the return SL117 flight takes off at 1:10 p.m. and lands in Bangkok at 5 p.m.

    The additional frequency aims to tap into the potential of connecting Asian cities, as passengers from Jakarta will be able connect to other cities from Bangkok, such as Chiang Mai, Chiang Rai, Phuket, Hat Yai, Singapore, Yangon, Hanoi, Taipei, Mumbai, Changsha, Chengdu, Chongqing, Guangzhou, Hangzhou, Nanchang, Nanjing, Shanghai, Xi’an and Zhengzhou.

    “This new service is our answer to the high demand for air transportation in Southeast Asia,” said Thai Lion Air CEO and chairman Capt. Darsito Hendro Seputro in a statement.

    Established in 2013, Thai Lion Air boasts 12 domestic networks and operates two regional flights and over 20 international destinations.

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  • AirAsia, Garuda cancel flights to and from Yogyakarta due to Merapi eruption

    AirAsia, Garuda cancel flights to and from Yogyakarta due to Merapi eruption

    AirAsia and Garuda Indonesia have cancelled a total of at least 26  flights to and from Yogyakarta after the eruption of Mount Merapi forced the ancient Javanese city’s airport to close.

    The cancelled AirAsia flights are AK 346, AK 347, AK 348 and AK 349 (Yogyakarta – Kuala Lumpur, Kuala Lumpur – Yogyakarta), QZ 659 (Singapore – Yogyakarta), QZ 7557, QZ 7550, QZ 7551, QZ 7552 and QZ 7553 (Yogyakarta – Jakarta, Jakarta – Yogyakarta), XT 8448 and XT 8449 (Bali – Yogyakarta, Yogyakarta – Bali).

    Passengers of cancelled flights will be given the option of rescheduling, rerouting their journey or a refund or credit. AirAsia also advised passengers to check AirAsia’s website and social media accounts for further updates.

    Meanwhile Garuda, Indonesia’s national carrier, cancelled 14 flights.

    Yogyakarta’s Adisutjipto International Airport, 520km south-east of Jakarta, was closed at about 10:42am on Friday local time, and reopened at 2:17pm, state air-navigation operator AirNav Indonesia said in a statement Friday.

    Mount Merapi’s eruptions are minor, caused by accumulation of volcanic gases, and shouldn’t lead to further outbursts, the Centre for Volcanology and Geological Hazard Mitigation at the nation’s Energy and Mineral Resources Ministry, said in a statement, adding its status is “normal.”

    Other airlines that canceled flights include those operated by the Lion Group.

    It said it would inform passengers of affected flights through email and text message.

    “AirAsia strongly encourages all guests to update their contact details at airasia.com to ensure that they are notified of any updates to their flights,” AirAsia said in a statement on Friday.

    Indonesia is located on the so-called Pacific Ring of Fire, an arc of volcanoes and geological fault lines surrounding the Pacific Basin. According to the Volcanological Survey of Indonesia, the archipelago has about 120 active volcanoes. It has had two of the world’s biggest volcanic eruptions in the past two centuries: Mount Tambora in 1815 and Krakatau in 1883.

    Last year, Mount Agung on the neighbouring island of Bali erupted and forced the airport at the popular holiday destination to close several times. Yogyakarta is also a prominent tourist spot for Buddhist pilgrims.

    The volcanic ash and gases spewed can be dangerous to planes passing through the plume. In 1982, all four engines on a British Airways Boeing Co. 747 stalled when the plane encountered the debris from Mount Galunggung in Indonesia.

    The plane dropped for almost four miles before the pilot was able to restart three engines and make an emergency landing in Jakarta.

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  • Lion Air opens new Surabaya-Haikou charter route

    Lion Air opens new Surabaya-Haikou charter route

    The country’s largest private low-cost carrier, the Lion Air Group, has opened a new charter route from the East Java capital of Surabaya to Haikou, the capital of the Chinese island province of Hainan.

    Flying once a week, the fleet’s Boeing 737-900 ER aircraft will serve the new route, accommodating up to 215 passengers starting Friday.

    “We are very proud to be able to expand our international connectivity by opening a charter flight to China from Indonesia’s second biggest city, Surabaya. The new route will increase our service to customers and provide more options for those traveling from China to Indonesia,” said Lion Air Group CEO Edward Sirai in a statement?

    In collaboration with Hainan United Airlines Travel Group Co., the JT 2661 flight will depart on Fridays at 5:40 p.m. local time from Surabaya’s Juanda International Airport  and arrive at 11:45 p.m. at Haikou Meilan International Airport. The Indonesia-bound flight JT 2660 will fly Saturdays at 12:55 a.m. from Haikou and land in Surabaya at 5 a.m.

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  • KLM Royal Dutch Airlines moves to Terminal 3 in Jakarta

    KLM Royal Dutch Airlines moves to Terminal 3 in Jakarta

    KLM’s Country Manager for Indonesia, Wouter Alders said that the move to terminal 3 will enhance the experience for KLM customers travelling on its daily flight from Jakarta to Amsterdam and Kuala Lumpur.  He said, “KLM has been looking forward to relocate to terminal 3 to respond to customer demands for a more efficient and personal travel experience. We are confident this vast new terminal will offer a better experience and additionally provide KLM passengers with easier flight connections within Indonesia.”  

    KLM passengers travelling from 15th May can check in at Terminal 3 at counter C1-7 and enjoy the new facilities with a more convenient check in, auto-gate immigration and security clearance with body-scanners. Additionally the terminal offers free WiFi, digital banners and e-kiosks way finding system. Business class passengers and Flying Blue members will enjoy the brand new Garuda Executive Lounge located in Terminal 3.

    About KLM Royal Dutch Airlines in Indonesia

    KLM’s first flights between Amsterdam and Indonesia started on 1 October, 1924 when KLM initiated its first intercontinental flight from Amsterdam to Jakarta. In September 1929 KLM started regular, scheduled services between Amsterdam and Indonesia. Until the outbreak of the Second World War, this was the world’s longest distance scheduled service.

    KLM offers daily direct flights between Jakarta and Amsterdam Schiphol Airport with a stop in Kuala Lumpur and daily flights between Denpasar and Amsterdam-Schiphol Airport with a stop in Singapore.

    KLM Jakarta — Amsterdam
    (Summer schedule — 25 March, 2018 – 28 October, 2018)

    • KL810 departs Jakarta at 18:45 and arrives in Amsterdam at 06:00 the next day
    • KL809 departs Amsterdam at 20:50 and arrives in Jakarta at 17:25 the next day.

    KLM Jakarta — Kuala Lumpur
    (Summer schedule — 25 March, 2018  – 28 October, 2018)

    • KL810 departs Jakarta at 18:45 and arrives in Kuala Lumpur at 21:55 the next day
    • KL809 departs Kuala Lumpur at 16:20 and arrives in Jakarta at 17:25 the next day.

    KLM Denpasar — Amsterdam
    (Summer schedule — 25 March, 2018 – 28 October, 2018)

    • KL836 departs Denpasar at 20:40 and arrives in Amsterdam at 07:35 the next day
    • KL835 departs Amsterdam at 20:55 and arrives in Denpasar at 19:25 the next day.

    KLM Denpasar — Singapore
    (Summer schedule — 25 March, 2018 – 28 October, 2018)

    • KL836 departs Denpasar at 20:40 and arrives in Singapore at 23:15 the next day
    • KL835 departs Singapore at 16:50 and arrives in Denpasar at 19:25 the next day.

    The daily flights are operated by Boeing B777-300ER aircraft with 34 seats in Business Class and 374 seats in Economy Class.KLM Royal Dutch Airlines moves to Terminal 3 in Jakarta

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  • BRI Syariah Floats 2.6bn Shares for Rp510/unit

    BRI Syariah Floats 2.6bn Shares for Rp510/unit

    Bank BRI Syariah has been listed as an issuer at the Indonesia Stock Exchange today, May 9. With the code BRIS, BRI released more than 2.6 billion new shares or 27 percent of its paid up capital.

    BRIS IPO price was set at Rp510 per share. The SOE Ministry’s deputy for restructuring and business development said BRI Syariah is the first sharia issuer to be listed at the IDX.

    “With the price, BRI Syariah managed to be oversubscribed twice,” president director Moch. Hadi Santoso said here on Wednesday.

    BRI Syariah is the subsidiary of Bank Rakyat Indonesia established in November 2008. As of March 2018, BRI Syariah’s assets amounted to Rp94.7 trillion.

    Hadi said the IPO proceeds will strengthen the company’s capex and help BRI Syariah included in the BUKU III banks category.

  • Rice exports up 27pc to $1.57bln in Jul-Apr

    Rice exports up 27pc to $1.57bln in Jul-Apr

    Rice exports rose 27 percent to $1.57 billion during the first 10 months of the current fiscal year as exporters pushed fresh cargoes to Indonesia, Kenya and other markets during the period, an industry official said on Wednesday.

    Rice exports amounted to $1.23 billion during the corresponding period last year.

    Rafique Suleman, senior vice chairman of Rice Exporters Association of Pakistan (Reap) said exports increased 15 percent to 3.22 million tons during the 10 months of the current fiscal year of 2017/18.

    Suleman said exports of non-basmati rice to Indonesia increased during the period.

    Local traders exported 50,000 tons of non-basmati rice to Indonesia during the July-April period. Kenya remained the largest buyer of Pakistani non-basmati rice, buying 323,000 tons of rice amounting to $118 million.

    China was also one of the largest importers of Pakistani non-basmati rice. “By the end of April, we exported 274,000 tons of rice valuing $100 million (to China),” Suleman said.

    He said demand for rice in the international market is increasing. The crop was good in terms of both quality and quantity this year, he added.

    Reap senior vice chairman said the country has come out of the crisis of low exports, which was observed during the last three years.

    “Value of rice export trade has been showing improvement due to the coordination of Reap office bearers with the Trade Development Authority of Pakistan and customs,” he said. “Reap members are putting in untiring efforts, and aggressive marketing to increase rice exports and to earn valuable foreign exchange.”

    The industry official said rice exporters are making investments to install modern rice processing machinery and using value-addition technology.

    Suleman said the association is sending trade delegations to various countries for rice marketing. “Last month a delegation came back after a successful visit to Iran, which is very lucrative and a potential market for basmati rice.”

    Around 100,000 tons of rice has so far been exported to the neighbouring country during the current season.

    Suleman said Government Trading Corporation of Iran has issued tenders for 20,000 tons of basmati, in which many Pakistani rice exporting companies would participate. He hoped that a handsome amount of foreign exchange would be fetched by Pakistani rice exporters.

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  • Garuda Indonesia Holds Empty Flight Promo

    Garuda Indonesia Holds Empty Flight Promo

    Indonesia Airline Garuda holds promo for “empty legs flight” or non-passenger flights during the month of 2018 Ramadan.

    “‘Empty legs flight’ is a term for when, as an example, a flight from Solo to Jakarta is packed with passenger but there is no demand for the opposite direction, so it is empty. The promo price for Solo-Jakarta route will be applied on the travel period May 18 to June 19, 2018 and June 27, 2018,” said General Manager of Garuda Indonesia of Surakarta Branch Office, Hendrawan in Solo, Wednesday (5/9/2018).

    As for the Jakarta-Solo route, the ticket promo is valid for May 17 to June 7, 2018 and June 27, 2018.

    “Especially for June 27, this coincides with the simultaneous elections in Indonesia,” he said.

    He said for prices applied during the promo period starts from IDR440.000 per passenger.

    “Normal price for these routes would be above IDR1 million per passenger,” he said.

    He hopes the promo can boost travel demand during the “low season”.

    “Usually there is a decrease in the number of passengers in the first two weeks of Ramadhan, a decrease of about 15 percent either for Solo-Jakarta route or vice versa,” he said, as quoted from Antara.

    He said on a normal day, of a capacity of 162 seats, the average load rate is about 72 percent or equivalent to 583 passengers for five flights of Solo-Jakarta route per day.

  • Sigma Systems Supports Telkomsel in Building a Digital Indonesia

    Sigma Systems Supports Telkomsel in Building a Digital Indonesia

    With more than 190 million customers, Telkomsel is currently the largest mobile operator in Indonesia. Telkomsel has consistently implemented the latest mobile technology and was the first to commercially launch 4G LTE mobile services in the country. Entering the digital era, Telkomsel continues to expand its digital business to incorporate advertising, lifestyle, mobile financial services, and Internet of Things.

    In support of their digital mandate, Telkomsel has selected Sigma Systems as a partner, establishing Sigma Catalog as the central enterprise catalog to underpin their evolving business.

    “We are pleased to partner with Sigma to deploy a B/OSS platform that enables the rapid creation of personalized, micro-segmented offers to our customers. Sigma’s agile delivery methodology and product-centric approach ultimately supports Telkomsel’s mission of building a Digital Indonesia,” said Montgomery Hong, CIO at Telkomsel.

    Sigma Systems CEO, Tim Spencer, commented: “Telkomsel is at the forefront of digital transformation in the region, and recognizes the critical role a catalog-driven solution plays in accelerating the creation, selling and delivery of innovative and deeply personalized market offerings. Sigma is honored to work with Indonesia’s leading mobile operator as they transition into a truly digital business.”

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  • Garuda Indonesia Denies Offering Two Free Tickets

    Garuda Indonesia Denies Offering Two Free Tickets

    Many website links recently suggested that Garuda Indonesia offering two free tickets in the celebration of its 69th anniversary. However, the state-owned airline management denied the news.

    “Garuda Indonesia ensures that such promotion info was invalid and is not officially from Garuda Indonesia,” said the company’s secretary Hengki Heriandono in a written statement dated Wednesday, May 9.

    Hengki asserted that Garuda Indonesia has never released such information related to promotion of ticket discounts or free tickets. He reminded all ticket promotion and marketing program were cited in Garuda Indonesia official application and social media.

    Earlier, a website https://www.garuda-indonesa.com/tikets and https://www.xn--garuda-indonesa-llc.com broadcasted in short message stating Garuda Indonesia offers two free tickets to commemorate its anniversary.

    In the website, visitors are required to fill a survey. Instead of getting the two free tickets, visitors are asked to share the link via WhatsApp.

    Hengki calls on the public not to trust false news or hoax and confirm all promotion info through Garuda Indonesia official platform or contact the 24-hour Garuda Call Center.

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  • National Payment Gateway could burden banks, consumers

    National Payment Gateway could burden banks, consumers

    The National Payment Gateway (GPN) may burden both consumers and banks as Bank Indonesia (BI) requires all bank customers to have at least one GPN card,  the University of Indonesia’s Institute for Economic and Social Research (LPEM UI) has said.

    LPEM UI researcher Chaikal Nuryakin said on Wednesday that based on BI’s target, following the issuance of Article 43 of BI Regulation No. 19/10/PADG/2017, 100 million GPN cards needed to be issued.

    “The problem is that the GPN cards cannot be used for transactions abroad. Some customers will have it but they leave it dormant while the administration cost will be incurred,” he said during a press conference in Jakarta.

    LPEM UI’s study found that at least 22.5 million cards out of 100 million would be dormant and that it would cost banks Rp 585 billion (US$41.54 million) to issue the 22.5 million cards.

    “It would be better if BI loosened the regulation so that GPN cards were optional. So it is up to customers whether or not they want to have it,” Chaikal said.

    This was because GPN cards could only be used for domestic transactions and could not be embedded with foreign switching companies such as Visa and Mastercard, he added.

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  • JakEVO app to simplify Jakarta business permit issuance

    JakEVO app to simplify Jakarta business permit issuance

    The Jakarta administration launched at City Hall on Monday a new smartphone app named JakEVO to simplify the procedures for obtaining business permits (SIUP) and registration certificates (TDP).

    Jakarta One-Stop Integrated Service Agency (PTSP) head Edy Junaedi said with the app, both of the permits can be obtained in less than an hour, without requiring applicants to visit the PTSP office or service points to get their SIUP and TDP.

    “The applicants only need to upload required documents, tag their location and approve of the terms and conditions within the app. In around 30 minutes, they will receive the permits in an email,” Edy said.

    JakEVo can be downloaded for free from the Google Play Store and the App Store.

    The city administration expressed hope that the initiative could help the country achieve a rank of 40 on the Ease of Doing Business index compiled by the World Bank. The country is currently ranked at 72, a jump of 19 places from its previous rank of 91.

    In the World Bank publication “Doing Business 2017: Equal Opportunity for All”, Indonesia jumped 15 places to 91 from 106.

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