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.

Lanjut baca ›

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).

Lanjut baca ›

Few foreign investors invest in Indonesia's corporate bonds. Foreigners currently only hold seven percent of total outstanding corporate bonds in Indonesia. Salyadi Saputra, President Director of Pemeringkat Efek Indonesia (Pefindo), said this figure is too low. Ideally, it should be between 20 - 30 percent. Moreover, the percentage share of Indonesian corporate bonds that are in foreign hands has fallen over the past year. On 1 January 2016 foreigners still held 7.29 percent of total outstanding corporate bonds in Indonesia.

Lanjut baca ›

Rubber gloves manufacturers in Indonesia are pessimistic about their business in 2017. This pessimism is caused by the lack of clarity whether - or when - the Indonesian government will lower the gas price for the rubber glove sector. Indonesia's high gas price gives rise to high operational costs for Indonesia's rubber glove producers. Reportedly, a number of local rubber glove factories have ceased production since late-2015.

Lanjut baca ›