• Property Sector of Indonesia Subdued, Tax Amnesty to Impact?

    Property Sector of Indonesia Subdued, Tax Amnesty to Impact?

    After the ending of Indonesia's tax amnesty program, property players in Southeast Asia's largest economy remain optimistic that inflows of fresh funds - originating from the tax amnesty program - will give a boost to Indonesian property sector in the second half of 2017. This should then cause some momentum, meaning property developers dare to kick-start new projects. Considering weak demand for property in Indonesia over the past couple of years, many local property developers have been postponing projects.

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  • Indonesia Investments' Newsletter of 2 April 2017 Released

    Indonesia Investments' Newsletter of 2 April 2017 Released

    On 2 April 2017, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related and political topics such as new rules for the ride-hailing apps in Indonesia, challenges in the cement industry, Apple's investment in a new R&D center in Tangerang, the performance of the nation's big cap stocks, foreign demand for corporate bonds, and more.

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  • Mercedes-Benz Opens Its First Repair Facility in Indonesia

    Mercedes-Benz Opens Its First Repair Facility in Indonesia

    Although Mercedes-Benz has a long history in Indonesia, it only opened its first body and paint service center in Southeast Asia's largest economy on Friday (31/03). The facility's exact location is the Cakrawala Automotif Rabhasa facility, plotted on 11,000 square meters of land in Tangerang (Banten). Here consumers can bring their Mercedez-Benz for authorized repair services with quality and safety assurance that is certified by Germany's Daimler, Mercedes' parent company.

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  • iPhone 7 Launched in Indonesia, Apple Invests in Innovation Center

    iPhone 7 Launched in Indonesia, Apple Invests in Innovation Center

    American multinational technology company Apple Inc soon has to realize 40 percent of its total USD $44 million worth of investment plans in Indonesia if it wants to keep distributing its iPhone 7 on the Indonesian market. Late last year Apple committed itself to invest a total of USD $44 million in the establishment of innovation centers in Indonesia over the next three years. However, 40 percent of the total is required to be invested in the first year (which is 2017).

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