Columns of R.M.A. van der Schaar

  • Regulating the Ride-Hailing Apps Revolution in Indonesia

    Regulating the Ride-Hailing Apps Revolution in Indonesia

    On Saturday, 01 April, 2017, the new regulations for ride-hailing apps in Indonesia came into effect, designed to protect consumers of these apps and support traditional transportation services such as taxi operators, minivans, buses and motorcycle taxis. The regulations include maximum and minimum tariffs for four-wheeled-vehicle rides that are booked through the online app, as well as a limit on the number of vehicles available. However, authorities will give time to these ride-hailing apps to adjust to the new regulations due to the "magnitude of the technical rules".

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  • Protectionism in Indonesia: Falling Role of Commodities in the Economy

    Protectionism in Indonesia: Falling Role of Commodities in the Economy

    An interesting story was released on Bloomberg Markets Asia on Wednesday (29/03) about the sliding role of commodities in the Indonesian economy and the need for Southeast Asia's largest economy to find a new growth engine (or better: several new growth engines) that will take the country to economic growth levels of +7 percent year-on-year (y/y) as once pledged by Indonesian President Joko Widodo during his presidential campaign in 2014.

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  • Speech Richard van der Schaar at Stadiums & Arenas Asia Summit

    Speech Richard van der Schaar at Stadiums & Arenas Asia Summit

    On Tuesday 21 March 2017 Indonesia Investments' Managing Director Richard van der Schaar was among the speakers at the Stadiums and Arenas Asia Summit 2017, a two-day event, organized at the JW Marriot Hotel in Jakarta. With several high-profile international sports and music events being planned in Asia over the next decade (for example the Asian Games) there is the need for investment in stadium and arena infrastructure across the region. The Stadiums and Arenas Asia Summit 2017 aims to explore the key challenges that are faced by Southeast Asian governments and stadium owners.

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  • Impact of Fed's Interest Rate Hike on the Value of Indonesia's Rupiah

    Impact of Fed's Interest Rate Hike on the Value of Indonesia's Rupiah

    Stock markets in Asia are mixed, yet tepid on Friday (16/12) after the US Federal Reserve raised its interest rate regime for the second time in a decade on Wednesday (14/12). Although the Fed's move was widely anticipated (and therefore already "priced in" to a high degree) it still resulted in some capital outflows from Asia's stock markets on Thursday (13/12). Japan, as usual, is the notable exception as US dollar strength (or yen weakness) makes Japan's export-oriented stocks more attractive.

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  • Politics & Law in Indonesia: Ahok's Blasphemy Trial

    Politics & Law in Indonesia: Ahok's Blasphemy Trial

    A high profile trial is about to start in Indonesia. On Tuesday (13/12) incumbent Jakarta Governor Basuki Cahaya Purnama (better known as Ahok), a Christian of Chinese descent, will visit the Jakarta Court for the first day of his trial. Ahok is prosecuted for blasphemy, an offense that carries a maximum prison sentence of five years in Indonesia. After the Vietnamese iced coffee murder case, this is another huge court case followed not only by the Indonesian people, but also by the international community that is concerned about rising intolerance in Indonesia.

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