Although Indonesia’s cigarette industry is considered to be a sunset industry (which refers to an industry that has passed its peak or boom periods) there are two factors that may somewhat pause the industry’s decline on the short and middle-long … Continue reading →
Indonesia’s air transport industry is about to see a big change as the nation’s national flag carrier Garuda Indonesia said it will take over operational control of the rival Sriwijaya Group. This move seriously boosts the Garuda Group’s share of … Continue reading →
Urban Jakarta Propertindo, a Jakarta-based property developer that focuses on the integration between property development and the availability of public transportation, will offer 600 million shares – equivalent to 16.85 percent of the company’s total shares – to the public … Continue reading →
Indonesia offers great opportunities to foreign investors due to the country’s large and young population, rising consumption, abundant natural resources, and cheap labour. Therefore, each year foreign direct investment (FDI) realization in Indonesia tends to grow. This section discusses the … Continue reading →
Indonesia’s national crude oil output remains dominated by a select group of companies. The five biggest oil producers in Indonesia – who together account for 73.34 percent of the nation’s total oil production – are Chevron Pacific Indonesia, ExxonMobil, Pertamina … Continue reading →