Direct investors from Indonesia have been ignoring Cambodia despite trade and tourism between the two countries growing annually, the Indonesian Ambassador to Cambodia Sudirman Haseng said. Indonesian news agency Antara recently reported that Ambassador Haseng said the main reason that Indonesian entrepreneurs have not been doing business in Cambodia is due to a negative perception […]
Read MoreThe tol laut (maritime highway) program has managed to boost the distribution of supplies in the last three years, an official has said. Citing data from Statistics Indonesia (BPS), Transportation Ministry sea transportation director general Wisnu Handoko said in Jakarta on Tuesday that, in 2015, the nationwide distribution of supplies was recorded at 238 million tons, while […]
Read MorePasspod, a Wi-Fi modem rental and online travel agent that took part in a state-sponsored start-up training program, was oversubscribed 10 times during its initial public offering (IPO). The three-year-old company is projected to serve 2 million Indonesians traveling overseas by 2021. The company, which has served 58,000 customers to date and claims a 50 […]
Read MoreThe Jakarta Post/Jakarta A new state-owned e-payment platform, LinkAja, has begun the second phase of its transformation into a stronger third bloc in Indonesia’s essentially duopolistic e-payment environment, which is now dominated by Go-Pay and OVO. The transformation would allow state-owned lenders Bank Mandiri, BRI and BNI to transfer millions of users from their respective […]
Read MoreGo-Jek has signed an agreement with Aeon Mall, a property development subsidiary of Japan’s largest retailer, Aeon Co. The companies’ representatives signed a memorandum of understanding (MoU) at Aeon Mall Jakarta Garden City in East Jakarta, which became the first outlet to implement the partnership, recently. Go-Jek head of merchants Ryu Suliawan told reporters that […]
Read More[JAKARTA] Indonesia’s annual inflation rate cooled more than expected to the lowest in almost a decade, near the lower end of the central bank’s target range, due to falling food prices, data from the statistics bureau showed on Friday. February’s inflation rate was at 2.57 per cent on a yearly basis, the lowest since November 2009 according to Refinitiv […]
Read More
Thailand
