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Indonesia: Online Taxi App GoJek Expands to Four Southeast Asian Countries

TEMPO.CO, Surabaya – Indonesian application-based ride-hailing company GoJek confirmed that it will expand to four Southeast Asian countries, namely Singapore, Philippines, Thailand, and Vietnam. GoJek Indonesia corporate communication Vice President Michael Say explained that the company’s brand name for the Vietnam market will change to ‘GoViet’, while Thailand will take the name ‘Get’. “As for the two remaining countries; Singapore […]

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Indonesia: Bankers see Go-Jek as new competitor: Survey

Most Indonesian bankers see Go-Jek as an “emerging competitor” to conventional banks in the payment sector, according to a survey conducted by PricewaterhouseCoopers (PwC) Indonesia. The survey seeks to gather diverse views from senior banking executives on digital banking in Indonesia. “A majority of Indonesian bankers, around 72 percent, consider Go-Jek to be one of […]

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Indonesia: House approves Rp 2.57t budget for Industry 4.0

The Trade Industry is getting an additional Rp 2.57 trillion (US$178 million) after the House Commission VI overseeing industry affairs agreed to financially support the development of Industry 4.0. The funds will be used to help adjust five industry segments — textile, garment, automotive, electronics and chemical — to face the so-called fourth industrial revolution […]

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Indonesia: Three lawsuits to proceed against Bandung-Jakarta train project

Five companies have filed lawsuits against the Bandung-Jakarta high-speed train project with the Karawang District Court in West Java, demanding a total compensation of Rp 2.02 trillion (US$141 million) for their properties affected by the project, of which three will proceed to court. PT Gajah Tunggal, PT Karawang Cipta Persada, PT Perusahaan Industri Ceres, PT Batuah Bauntung Karawang […]

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Indonesia: Jakarta Sees Increase in Chicken Eggs, Red Pepper Prices

TEMPO.CO, Jakarta – The prices of red pepper and broiler chicken eggs have increased in Jakarta. The red pepper price rose from Rp40,000 to Rp70,000 per kilogram. Meanwhile, the broiler chicken eggs reached Rp30,000 per kilogram. Through Tempo’s monitoring in Mayestik Market, Santa Market, and Kebayoran Lama Market, South Jakarta, the increased price of red pepper due to the increasing commodity […]

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Indonesia to strengthen industry amid trade war: Minister

The government is aiming to strengthen the Indonesian manufacturing industry and secure big investment projects in the face of global uncertainty and a trade war. On Monday, after attending a more than four-hour Cabinet meeting at the Bogor Presidential Palace in West Java, Industry Minister Airlangga Hartarto said the government would guarantee the supply of […]

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