Tag: Indonesia

  • Construction of Kertajati Airport reaches 64.2%

    Construction of Kertajati Airport reaches 64.2%

    Kertajati Airports construction project in Majalengka, West Java, comprising access, drainage, interchange ramp, and parking lots has reached 64.2% on Jan 29, PT. Bandarudara Internasional Jawa Barat Director Virda Dimas Ekaputra stated.

    The construction of the Kertajati Airport comprises three working packages, Ekaputra noted.

    Package 2 encompasses the construction of the main passenger terminal building in cooperation with PT. Wijaya Karya and PT. PP, with a contract value of Rp1.39 trillion.

    Meanwhile, Package 3 comprises the construction of facilities for supporting operations, such as a cargo terminal and regional electrical connection by PT. Waskita, with a contract value of Rp416 billion.

    “The work on Package 2 has reached 19.94%, while that on Package 3 has reached 35%,” Ekaputra stated.

    Hence, he noted that the overall progress of the Kertajati airports construction project has reached 30% on February 5, 2017.

    Ekaputra pointed out that the cost for Phase 1 reaches Rp2.1 trillion of the total development investment of Rp4.5 trillion.

    He expressed optimism that the infrastructure work would be completed on July 3, 2017; the building to support operations on August 8, 2017; and the terminal building on December 6, 2017; while the initial operations will begin in January 2018 and full operations in March 2018.

  • Indonesia launches Telkom 3S satellite successfully

    Indonesia launches Telkom 3S satellite successfully

    The Indonesia’s biggest telecommunication company Telekomunikasi Indonesia (Telkom) has successfully launched its Telkom 3S satellite from Arianespace’s spaceport in Kourou, French Guiana, at 6.39 p.m. on February 14 local time or Wednesday at 4.39 am Jakarta time.

    The US$215 million worth satellite carries 24 C-band, eight extended C-band, and 10 Ku-band transponders, which intends to provide high-definition television services, faster mobile communications and Internet applications across the sprawling archipelago of over than 17,000 islands.

    “With Telkom 3S, Telkom will have a total of three satellites. The launching intends to increase the coverage since Telkom 1 and Telkom 2 has the same coverage with Telkom 3S. The reason is that our capacity is not enough; we still rent [transponders] from other countries,” Telkom’s president director Alex J. Sinaga said.

    Telkom 3S will first travel to 135.5 degrees east for testing purposes; then it will reach the final orbital position at 118 degrees east. The US$215 billion worth satellite is fitted with 24 C-band, eight extended C-band and 10 Ku-band transponders.

    Alex said that it would take ten days from the satellite launched until it could reach 135.5 degrees orbital position for testing purposes. After that, the spacecraft would be moved one degree a day to reach its fixed orbital position at 118 degrees east, he added.

    Top executives from PT Telekomunikasi Indonesia including president director Alex J. Sinaga (center), chief technology officer Abdus Somad Arief (second from right) and satellite project head Tonda Priyanto (right) pose after the successful launch of Telkom 3S on Tuesday. The satellite was launched according to plan at 6.39 p.m. from Kourou, French Guiana.(JP/Winny Tang)

    Arianespace has successfully orbited two satellites: Telkom 3s for Telkom Indonesia, together with SKY Brasil-1 for the operator AT&T/ DirectTV.

    “Arianespace is delighted to announce that SKY Brasil-1 and Telkom 3s have been separated as planned on the targeted geostationary orbit,” Stéphane Israël is the Chairman and CEO of Arianespace said in the satellite viewing site named Jupiter control room on Tuesday night local time.

    Replacing the position of Telkom 2, the Telkom 3S, which has a lifespan of 15 years, will cover Indonesia and a part of neighboring Malaysia.

    Apart from Indonesia, other countries, such as Brazil, Mexico and other South American countries, have also launched their satellites from the country.

  • Liverpool FC Indonesia support could bring investment to the city

    Liverpool FC Indonesia support could bring investment to the city

    Liverpool FC ’s massive fanbase in Indonesia could help bring investment to Liverpool according to Britain’s ambassador to the Asian giant.

    The Reds have millions of fans in the South East Asian nation. And that, says Moazzam Malik, could help the club’s home city as Indonesia looks to invest money around the world.

    Reds fan Mr Malik has been the UK ambassador to Indonesia since 2014 and is working to grow links between the UK and Indonesia in business, the creative industries, higher education, and sport.

    Asked what Liverpool meant to Indonesians, he said: “They know about Liverpool football, music and its port. They’re the three things that make Liverpool stand out for Indonesians.”

    And he added: “There’s so much potential in this market through football, not only to push football but to push a wider range of business partnerships and relationships.”

    Liverpool FC has an estimated 66.1 million followers in Indonesia according to research by SportsDNA in 2014. The club last visited the country on tour in 2013 when 90,000 people watched the Reds beat the Indonesia XI.

    It has one central Official Supporters Club in Indonesia, with 24 sub branches, which is one of the largest in Asia.

    The club’s Indonesian language website was launched in May 2013. Its Indonesian Facebook page launched in June 2013 and now has nearly 3 million likes.

    Mr Malik said: “They’re football-mad. There’s Liverpool alongside Manchester United, then Chelsea and Arsenal have big fanbases.

    “They (Liverpool) have got fan clubs in all the big cities. Membership is going great guns. They’ve got people in very prominent positions in Government and politics who follow LFC.”

    Mr Malik said LFC’s sponsorship deal with Indonesian airline Garuda had also “cemented Liverpool’s place in the popular psyche”.

    Why Indonesia?

    Mr Malik says Indonesia “is going to be a driver of the 21st century”.

    Indonesia is made up of more than 17,000 islands, including Java – home to the country’s capital, Jakarta – and the popular holiday destination of Bali.

    It’s the 4th most populous country in the world, with a population of more than 250m, and is the world’s largest majority Muslim country.

    A report this week from accountancy giant PricewaterhouseCoopers said Indonesia could grow to become the fourth-largest economy in the world by 2050.

    That means Britain is going to want to do deals with it, particularly after Brexit – and Liverpool is well placed to benefit.

    Mr Malik said Indonesians are interested in Liverpool’s experience in sectors including ports and logistics, advanced manufacturing, renewable energy and the creative industries. And he said Indonesia’s second city, Surabaya, was particularly keen to strengthen its relationship with Liverpool.

    He said: “Surabaya is a huge port city, Indonesia’s second-largest port. There are things they can learn from Liverpool. They can partner with Liverpool. In sports, creative industries and higher education, there’s a lot we can do.

    “I’m speaking to Mayor Risma, and she says she’s keen to come to Liverpool in spring.”

  • Yakult Indonesia still relies on imported milk for dairy drinks

    Yakult Indonesia still relies on imported milk for dairy drinks

    Yakult Indonesia Persada, one of the major producers of fermented milk products, still relies on imported raw materials for its production in Indonesia.

    Yakult Indonesia vice president and director Hiroyuki Kawada said the company had to import ingredients because local milk had yet to meet the standards for the company’s fermented milk |production.

    “We mostly import the skimmed milk from Australia, and the rest is from Belgium,” he said.

    Yakult Indonesia Persada, a subsidiary of Japan-based Yakult Honsha, was established in1990. The company operates a factory in Sukabumi, West Java, and another in Mojokerto, East Java.

    The factories can produce 6.6 million 65-millilitre bottles of cultured dairy drink a day. The company sells its fermented milk through supermarkets and through “Yakult Lady”, a sales force of women who sell the product door-to-door in many parts of the country.

    “There are 7,600 Yakult Ladies now, and they can reach 30 houses per day each,” said Antonius Nababan, the companies marketing communication and commercial (MCC) director. Zulkarnain, the MCC’s senior assistant manager, said sales averaged 5 million bottles a day.

    Indonesia was the second-biggest market for Yakult products after Japan, which has 10.18 million consumers.

  • BEI of Jayapura office opens share investment clinic

    BEI of Jayapura office opens share investment clinic

    The representative office of the Indonesian Stock Exchange (BEI) in this Papua capital city has opened a clinic class for non active registered share investors.

    “They need guidance especially as the share customers are different in type. Therefore, we open share investment class for them,” head of the BEI representative office of Jayapura Kresna Aditya Payokwa, said here on Tuesday.

    Participants are told how to buy and sell shares, and how to analyze the marker trend, Kresna said.

    “We open the share investment clinic every Monday, Wednesday and Friday . Now it is already the fifth group,” he said.

    From the class it could be seen who among the investors more active in the share trade, he said, adding a prize is given to the most active traders.

    The clinic is part of the program to promote share trading in a bid to increase the number of investors in BEI.

    By January , 2017, BEI recorded 2,391 investors , up from 1,300 investors a year earlier.

    The number of investors in Papua has continued to increase. Transactions in 2016 were valued at Rp1.3 trillion. Monthly transactions average Rp100 billion, he said.

    Many of the investors at the Jayapura representative of BEI are not active, he said.

    “Transactions in January 2017 were valued at Rp70 billion with active participants making up only 60 percent of the total number of registered investors,” he said.

    Most of the people do not understand share trading. “BEI is new for them , therefore, we need to intensify socialization,” he added.

  • InMobi sees gold in Indonesian ad market

    InMobi sees gold in Indonesian ad market

    InMobi, an India-based mobile advertising platform provider, will invest up to US$50 million within the next five years to expand its business in Indonesia.

    InMobi founder and chief executive officer Naveen Tewari said in Jakarta on Monday that the company would focus its investment on developing a mobile video advertisement and customer-relationship management platforms.

    “We are going to expand our business, also use the money for team resources, product customization, and partnerships,” Naveen told a media briefing.  “We are also going to bring our team from India, as well as hire local [human] resources in Indonesia,” he added.

    The mobile advertisement market in Indonesia is quite promising because of the shift in advertisement placement from conventional media such as television to mobile devices and the increasing number of smartphone users, according to InMobi.

    The company’s survey showed that in 2016, video-based advertisement on mobile devices in Indonesia rose by 380 percent.  InMobi is a mobile advertising platform, which was established in Indonesia in 2008, marking its first office outside India.

    “By 2016, our platform has reached 90 percent of smartphone users, or approximately 69 million users in Indonesia. We offer an ads platform that can reach a larger scale than television advertising,” Naveen added.

  • Indonesia Uses Big Data Digital Technology To Boost Tourism Performance

    Indonesia Uses Big Data Digital Technology To Boost Tourism Performance

    Indonesia is now using big data Mobile Positioning Data (MPD) digital system in a bid to boost up performance of the nation’s core business sector, tourism, China’s Xinhua news agency reported.

    The MPD to support the tourism activities is operated by Indonesia’s central statistic agency of BPS by detecting the cellular phones used by visitors entering Indonesian territory from several gates, including from land borders with neighboring countries.

    Besides in big cities’ airports, the system is also applied in 19 regencies and 46 subdistricts which host Indonesia’s border areas to neighboring countries as well.

    The MPD digital system have been operated since October last year and is scheduled to serve until 2019.

    Indonesian marketing guru from University of Indonesia (UI) Rhenald Kasali said that option to ultimately use the MDP digital system is a correct move to respond the ongoing digital lifestyle adhered by people globally with smart phone.

    “The official data provided by the BPS would not only be useful in analyzing tour markets and outlining policies in the sector. The data is also essential for those indulging in tourism business to expand their businesses,” Kasali said.

    The tourism ministry would breaking the data down into more specific information about the visitors, including their length of stay, frequency of their visits, spending and even their tour activity preferences during their holiday in Indonesia.

    Head of ASITA (Association of Indonesian Tours & Travel Agencies) Asnawi Bahar said that with processed information resulted from data, travel agents and hotels would be able to prepare resources and proper accommodations for the visitors.

    “It would be very useful for us as we can digitally learn plans of the visitors’ movements since their departures,” Bahar said recently.

    He added that most of foreign visitors have now booked their travel packages in Indonesia through digital applications in advance, including the payments, through their gadgets.

    Indonesia has been taking herculean efforts to develop its tourism sector, replacing the previous oil and gas, coal and palm oil sectors.

    The current government expects to see 20 million foreign visitors with earnings gained from the sector at over US$24 billion the time its service term ends in 2019.

  • IDX Closes on Regional Election Day

    IDX Closes on Regional Election Day

    The Indonesia Stock Exchange (IDX) will close on the simultaneous regional election day, February 15, 2017, the IDX website page stated. Earlier, Vice President Jusuf Kalla had asked Indonesians to use their voting rights and vote for credible candidates to improve their respective regions.
    JK said that election is a peaceful, responsible, and clean democratic process that ensure individual right to vote. He expects to see a smooth democratic process during the simultaneous regional elections. “Let’s go to the polling station with a smile, happiness, and peacefully vote for leaders who can lead us to a better life,” he said.
  • Telkom’s $250m satellite to better connect Indonesia’s islands

    Telkom’s $250m satellite to better connect Indonesia’s islands

    Close to the equator, French Guiana, a scarcely populated country with only 158,000 inhabitants, is regarded as an ideal place to launch satellites. Mostly covered by equatorial forest, the South American country provides a stable climate, as well as invulnerability to earthquakes and hurricanes. Lying just over 500 km north of the equator, Kourou provides an advantage for satellite launches, because the earth’s spinning boosts the propulsion of the rocket taking the satellite into space.

    In this part of Guiana, where a joint French and European spaceport has been built, Indonesia’s biggest telecommunication company Telekomunikasi Indonesia (Telkom) is set to release its latest satellite into space early in the morning of Feb. 15, Jakarta time. Called the Telkom 3S, the firm’s third satellite, which costs up to Rp 3.33 trillion (US$250 million), will provide high-definition television services, faster mobile communications and internet applications across the sprawling Indonesian archipelago of more than 17,000 islands, reaching primarily to the most remote areas.

    This will be enabled by new technology, high-frequency Kuband transponders, which will cut installation time and allow faster connections.

    “Unlike Telkom 1 and Telkom 2 Telkom 3S has Ku-band. The benefit is that the dishes needed to receive signals are smaller,” Telkom satellite project head Tonda Priyanto said on Sunday in Kourou.

    Indonesia has long struggled with poor information and communication technology infrastructure despite the fact that many of its citizens are already highly tech-savvy.

    The current administration kicked off late last year its ambitious Palapa Ring project in a bid to connect all areas nationwide through its fiber-optic network.

    However, only around one third of Indonesia’s area can be covered by terrestrial communications systems, leaving the rest to be linked through satellite systems.

    A McKinsey report released last September revealed that Indonesia could realize growth of an estimated 10 percent in the gross domestic product (GDP), equivalent to $150 billion, by 2025.

    “The need for satellite technology is absolute in Indonesia. Meanwhile, the supply is still low,” Telkom chief technology officer Abdus Somad Arief recently said.

    Overall, the Telkom 3S satellite will carry 49 transponders, adding to the 140 transponders that Telkom currently operates through its two orbiting satellites.

    Satellite builder Thales Alenia Space has handled the design, testing and in-orbit delivery of the satellite, while the satellite launch company Arianespace will be in charge of releasing the satellite into space.

    During the planned launch, Telkom 3S will be positioned at 118 degrees east, to replace Telkom 2. Telkom 2, which still has a life span of about four years, will be moved to another orbital position.

    In response to the satellite launch, Communications and Information Minister Rudiantara said the Telkom 3S satellite would definitely help meet the demand for better network quality in Indonesia.

    “I think that even if the government begins launching its own satellites, we will still be at a deficit even up to the year 2023,” he said. “What the government can do in the meantime is to give satellite lending rights to local companies to avoid dependence on foreign ones.”

  • Bank Rakyat to enter Indonesia mart in Q2 this year

    Bank Rakyat to enter Indonesia mart in Q2 this year

    Bank Rakyat will enter the Indonesian market in the second quarter (Q2) of this year after getting approval from the authorities, including Bank Negara Malaysia.

    To this end, the bank said, it had signed a memorandum of understanding with Indonesia’s largest bank, Bank Rakyat Indonesia (BRI), today.

    In a statement, the bank said, the collaboration would enable both banks to provide money order services to over 700,000 Indonesians in Malaysia.

    Its Chief Retail Banking Officer, Mohd Shahril Isa, said Malaysia has the highest number of money order transactions worth US$1.9 bilion (US$1 = RM4.44) to Indonesia in 2016.

    “This is one of the main factors for Bank Rakyat to expand its banking services to the country,” he said.

    BRI was set up in 1895 and has 50 million retail clients, with over 10,612 business and services branches all over Indonesia, while Bank Rakyat is the largest Islamic cooperative bank in Malaysia with 147 branches.

  • Garuda Indonesia’s Subsidiary to Launch IPO

    Garuda Indonesia’s Subsidiary to Launch IPO

    PT Garuda Indonesia is pushing PT Garuda Maintenance Facility (GMF) AeroAsia, one of its subsidiaries, to release some of its shares to the public through the Initial Public Offering (IPO) scheme.
    “As shareholders, we aspire to strengthen the subsidiary’s capital, and one of the efforts is through the IPO,” CEO of Garuda Indonesia Arif Wibowo stated in Jakarta, Monday.

    He further stated that GMF AeroAsia, which operates in the field of integrated aircraft maintenance and repair services, holds huge business potential, as it has a strong capital already. “It is currently one of the biggest Maintenance and Overhaul companies in Asia, especially in South-East Asia,” he noted.

    He estimated that a total 20 percent of the company’s shares will be released to the public, and it is hoped to materialize this year, as it will contribute to the Indonesian economy.

    “We hope that the IPO would take place in 2017 and next year, as it would be the best milestone for our economy,” he remarked. In terms of non-organic aspects, the company can grow even faster if several measures are taken, including undertaking joint ventures or acquiring some repair stations locally or globally.

    “By releasing 20 percent of its shares, GMF AeroAsia will already be able to grow non-organically, while organic growth will depend on the entire advancement of Garuda Indonesia.” He also pointed out that PT Garuda Indonesia will add nine more aircraft this year, which will support not only operational activities but also its other subsidiary company, Citilink.

    “Five Airbus 320 aircraft will be added to further advance Citilik, which is hoped to boost its domination in the domestic market, especially in the middle- to lower-class segment. A Boeing 737 MAX and three ATR aircraft will also be added to the fleet.”

  • BTN to launch micro housing loan by end of February

    BTN to launch micro housing loan by end of February

    State-run mortgage lender Bank Tabungan Negara (BTN) is expected to launch micro housing loan for lower income group by the end of Feb, its president director said.

    “We will launch it around end of this Feb. It is a special loan for lower income group who do not have regular income,” Maryono said at the Vice Presidential office here on Monday.

    According to Maryono, the lower income group includes those with regular income and those without. The first group enjoys the governments housing finance liquidity (FLPP) and interest rate subsidy.

    The group without regular earnings would be supported with micro housing loan to afford a house.

    The bank would impose interest rate as low as 7-9 percent, he said.

    Currently, some 6.3 million workers are categorized into lower income group, which include those who do not have regular earnings.

    Public Works and Housing Minister Basoeki Hadimuljono said that housing provision for lower income group is targeted to reach 700 thousand houses in 2017, up from 516 thousand in 2016.

    Basoeki added that the houses would be built at state properties, and access to the locations would also be improved to cut the transportation costs.

    The minister added that micro housing loan would be given to workers with monthly earnings from Rp1.2 million to Rp2.6 million.

  • Travel agents issue official letter to boycott Garuda

    Travel agents issue official letter to boycott Garuda

    Following up on their recent statement, the Association of Indonesian Tour and Travel Agents (ASITA) officially boycotted through a circulating letter national flag carrier Garuda Indonesia over the decision to reduce commissions for travel agents.

    The letter, signed by ASITA chairman Asnawi Bahar, noted that Garuda Indonesia had not responded to the association.

    “During the period to resolve the problem with Garuda Indonesia, ASITA Indonesia has decided that all ASITA members are prohibited from participating in any activities involving Garuda Indonesia,” the letter stated.

    Previously, Asnawi said that the airline’s commission from ticket sales would be cut from 7 percent to 5 percent for international flights and 5 percent to 3 percent for domestic flights.

    Garuda Indonesia vice president of corporate communications Benny S. Butarbutar also previously confirmed that the airline would reduce commissions for travel agents.

    “We are adjusting the business pattern with our partners, travel agents. The business situation is changing really fast, with online travel being much stronger, but we will also want to keep traditional travel agents,” he said.

    Benny added that the decision might be temporary, as it would depend on the market situation. He declined to comment on the protest.

    ASITA currently has around 6,300 members of tour and travel agencies across Indonesia, including Panorama Tours Indonesia–a core unit of Panorama Group, Indonesia’s largest integrated travel group.

  • Garuda Indonesia to Open Lombok-Guangzhou Route

    Garuda Indonesia to Open Lombok-Guangzhou Route

    General Manager of national carrier PT Garuda Indonesia of Mataram branch Mochammad Yansuerio said that in the near future, Garuda Indonesia would open a direct flight serving Lombok–Guang Zhou, China.

    “Lombok and Sumbawa are getting more popular both at the national level and at the international level. This has become our consideration to add frequency of flights in several routes, including by opening up Lombok – Guangzhou route,” Yansuerio said in Mataram on Friday.

    “The flight is twice a week,” he added.

    In addition to opening Lombok-Guangzhou route, Yansuerio Garuda Indonesia would also increase flights serving Lombok, including Lombok-Yogya and Lombok and Makassar from once week into twice a week.

    “As for Lombok-Surabaya route and Lombok-Jakarta route whose occupancy reach 80-85 percent, we plan to increase the frequency of flights,” he added.

  • Hooters of Singapore leads Asia expansion

    Hooters of Singapore leads Asia expansion

    Hooters of Singapore – Marina Bay has opened in Marina Boulevard, led by franchisee Destination Properties Group.

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    Covering 2336 sqft (217 sqm) and close to Marina Bay Sands and Marina Bay Financial Center, the restaurant features more than 22 large-screen televisions. The US chain is known for its hostesses, wings and live televised sports.

    “The growth of Hooters locations in Asia is continuing its momentum,” says Destination Properties Group CEO Gary Murray.

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    The new venue is part of a 35-location Southeast Asia development agreement between Hooters and the Singapore-based international franchisee. There are now 24 outlets in Asia, with plans to open more this year in Phnom Penh, Samui, Jakarta, Singapore (Fusionopolis), Taipei and multiple locations in Manila.

    Meanwhile, the brand is seeking further restaurant sites in Bali, Bangkok, Ho Chi Minh City, Hong Kong and Kowloon, Jakarta, Krabi, Kuala Lumpur, Macau, Manila, Cebu and Davao, Siem Reap, Singapore, Taipei and Yangon.

    Hooters plans to open more than 30 restaurants globally this year.

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