Archive: 4 July 2015
4 articles found
Sat, 04 Jul 2015
Uber and Go-Jek Get Totally Different Reception in Jakarta
Jakarta, GIVnews.com – In recent weeks, five Uber drivers were arrested by the Jakarta police, who was working together with the Organization of Land Transportation Operators (Organda). Organda Jakarta, which organizes all forms of land transportation in the capital city, has accused Uber of...
Sat, 04 Jul 2015
Investments for Indonesia caught in bureaucratic web
JAKARTA: Since taking office in October, Indonesia’s Joko Widodo has been unrelenting in his pursuit of investment dollars. In just the first quarter, almost US$6.5 billion flowed into Indonesia - 14 per cent higher than in 2014, according to the Indonesia Investment Coordinating Board.
Sat, 04 Jul 2015
Mega data center to open near Jakarta by April 2016
JAKARTA -- Indonesian conglomerate Lippo Group has recently begun construction of a 2,000-sq.-meter data center in the suburbs of Jakarta, targeting companies in the financial and industrial sectors. The business will be run by Graha Teknologi Nusantara, a joint venture between Lippo subsidiary...
Sat, 04 Jul 2015
The Trouble With Indonesia's Rudderless Economic Policy
News this week that Bank Indonesia will prohibit foreign currencies from being used in domestic transactions in Indonesia further added to analysts’ and investors’ concerns about the country’s fragile economy, and about the economic strategy of President Joko Widodo.