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Indonesia: Govt Calls For Tighter Policy on Online Ojek Enrollment System

TEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi demanded applicators of the online-based motorbike taxi or online ojek, Gojek and Grab Indonesia, improve their driver enrollment system. Budi said that applicators must set new standards in the employment of driver-partners in a bid to beef up security. “We will demand applicators create new standards of new driver registration,” said Budi […]

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Indonesia investment growth sped up in Q3: UOB

INDONESIA’S investment realisation of domestic and foreign direct investment accelerated in the third quarter of 2019, which “reflects confidence among investors in the Indonesian economy following the election victory of the incumbent President Joko Widodo”, UOB economists said in a Nov 12 note. Overall, total investment realisation grew 18.4 per cent year on year, accelerating from […]

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Netflix contributed to Indonesia’s slow economic growth, BPS says. Here’s how

Online streaming services such as US-based Netflix and Malaysia-based Iflix are contributing to the country’s sluggish economic growth as investment in intellectual property comes under pressure, Statistics Indonesia (BPS) has warned. BPS balance and statistics analysis deputy head Sri Soelistyowati said that weakening investment growth of 4.21 percent in the third quarter, the lowest level […]

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