• Fraser Institute Survey: Indonesia's Mining Sector Needs Legal Certainty

    In a new survey, conducted by the Fraser Institute, that assesses the state of the investment climate in the mining sector in 2012-2013 in countries around the globe, Indonesia is ranked at number 96. Both tax and regulatory uncertainties in Indonesia's mining sector are cited as reasons for the low ranking of the country. As investments in the mining sector are capital intensive and long-term in nature, investors thus need a clear legal framework that is not susceptible to sudden changes due to political issues.

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  • Construction of Jakarta's MRT Projected to Start in October 2013

    In order to tackle Jakarta's grave traffic problem, brought on by a lack of quantity and quality of infrastructure and public transportation in combination with millions of daily travelers, governor Joko Widodo has given great priority to the development of the Jakarta Mass Rapid Transit System (MRT). Similar to the Sunda Strait Bridge, Jakarta's MRT project has been a topic of heated discussion and study for decades. However, pressure from Jakarta's governor Joko Widodo (who is better known as Jokowi) put an end to the lingering delay.

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  • Citilink Indonesia Continues Rapid Expansion in Low Cost Aviation Sector

    Citilink Indonesia, the low budget carrier of national airline Garuda Indonesia, expects to transport around 7.8 million air passengers in 2013. This constitutes a sharp rise compared to last year's result of 3.8 million passengers. The airline, which handles 140 flights per day to 22 Indonesian cities, expects the increase to be in line with the growth of its armada to 29 aircrafts in 2013 (including 22 new Airbus A320 planes). These types of aircrafts are designed to serve short or middle-long distance flights.

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  • Company Profile: MNC, Indonesia's Leading Television Provider

    Media Nusantara Citra (MNC) is Indonesia's leading integrated media company. It owns the most popular TV channel of Indonesia (RCTI) as well as two other free national channels (MNCTV and GlobalTV). The company also provides 16 Pay-TV channels which cover a whole range of genres. Most of its revenue is gained through advertisement on its TV channels. Apart from television, the company's supporting businesses include print & online media as well as radio.

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