• Opening Foreign Investment in Indonesia: E-Commerce Industry

    Soon foreign investors will be allowed to control a full 100 percent stake in electronic commerce (e-commerce) businesses in Indonesia. Currently, the Indonesia Investment Coordinating Board (BKPM) is completing a new regulation that streamlines the latest regulatory changes in this industry (this regulation is expected to be completed in June 2016). Earlier this year, Indonesian President Joko Widodo signed a decree that opens (more wider) foreign ownership in various industries, including Indonesia's e-commerce industry.

    Lanjut baca ›

  • Opening Indonesia's Film Industry to Foreign Investment

    One of the business sectors in Indonesia that has recently been opened up to foreign investment is the movie theater industry. The opening of the movie industry for foreign investors can be regarded a milestone in Indonesia's film industry and also forms a lucrative business opportunity for these investors. There are currently only 1,117 movie screens in Indonesia to serve a potential audience of more than 255 million people, hence being one of the world's least penetrated cinema markets.

    Lanjut baca ›

  • IPO Sillo Maritime Perdana on the Indonesia Stock Exchange

    Indonesian shipping company Sillo Maritime Perdana, which provides offshore support vessels, plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The company set the indicative price for its IPO in the range of IDR 117-140 a piece. By issuing 600 million new shares, or 23.08 percent of its enlarged share capital, Sillo Maritime Perdana targets to collect roughly IDR 77 billion (approx. USD $5.7 million) in funds from the IPO. Lautandhana Securindo and UOB Kay Hian Securities were appointed as underwriters for the IPO.

    Lanjut baca ›

  • Alcohol in Indonesia: Beer Available again in Jakarta's Minimarts?

    Good news for those who love beer and live in Jakarta. About one year after Indonesia announced it had banned sales of alcoholic beverages in minimarkets and kiosks - a move conducted to "protect the morals and culture of Indonesian society" - Jakarta Governor Basuki Purnama Tjahja (Ahok) said alcoholic beverages with alcohol content up to five percent (which includes beer) will again be available in the capital city's minimarkets, the small retailers that have mushroomed across the city streets.

    Lanjut baca ›