Below is a list with tagged columns and company profiles.

Today's Headlines Transportation

  • Hindu Nyepi Day will Paralyze all Transportation to, from and on Bali

    On Tuesday 12 March there will be no transportation possible to the island of Bali, Indonesia's most popular destination in terms of tourism. On that day Hindus celebrate Nyepi, i.e. the Day of Silence or the Hindu New Year in the Balinese Saka calendar. Bali still contains a Hindu majority population amid Indonesia's Muslim-majority population. The island's traditional Hindu culture and customs is one reason for the annual millions of foreign arrivals.

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  • Shipping Company Trans Power Marine Makes Good Debut on Stock Exchange

    Yesterday, Trans Power Marine made a solid debut on the Indonesia Stock Exchange (IHSG). The Indonesian shipping company listed 15 percent of its shares in the initial public offering (IPO) for the price of IDR 230 per share. At the end of the trading day, its shares had surged by 50 percent to IDR 345 (US $0.04). In total, the company gained IDR 90.85 billion (US $9.4 million) through the IPO. These funds will be used to buy new vessels.

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  • Indonesia's January Inflation Rate Increases by 1.03 Percent

    Badan Pusat Statistik - BPS - Indonesia Investments

    Today, Statistics Indonesia (BPS), a non-departmental government institute, stated that the inflation rate of January increased due to the government's decision to raise electricity tariffs and due to massive floods in Jakarta and other cities. January's headline inflation is 1.03 percent. The year-on-year inflation rate now stands at 4.57 percent; still within Indonesia's Central Bank's target of 4.5 ±1 percent.

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Latest Columns Transportation

  • Tourism in Indonesia: Record High Number of Foreign Visitor Arrivals

    The total number of foreign tourist arrivals to Indonesia in 2014 was 9.44 million, up 7.19 percent from the preceding year, meaning that the government target of welcoming 9.3 million foreign tourists last year was achieved. As usual, most foreign tourists entered Indonesia through the Ngurah Rai International Airport in Bali, the most famous tourist destination in the world’s largest archipelago. During the whole year of 2014 a total of 3.71 million foreigners spent some time on Bali.

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  • Soekarno-Hatta Railway Project Indonesia: Tendered to Private Sector

    Soekarno-Hatta Railway Project: Fully Tendered to Private Sector

    The Indonesian government changed the funding scheme for the construction of the Soekarno-Hatta International Airport Railway project (which will connect Soekarno Hatta International Airport, located nearby Jakarta, and Halim Airport in Jakarta). Previously, it was planned that this project, valued at IDR 26 trillion (USD $2.1 billion), would be offered through a public-private partnership (PPP) construction in which the Indonesian government would finance 55 percent of the costs. Now, however, the project is offered fully to the private sector.

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  • Infrastructure Indonesia: Tender Soekarno-Hatta Airport Railway Delayed

    Infrastructure Indonesia: Tender Soekarno-Hatta Airport Railway Delayed

    The prequalification tender for the construction of the Soekarno-Hatta International Airport Railway project has been postponed until late October 2014 (from August) as agreements with several stakeholders still need to be finalized. For example, the government is yet to underwrite part of the required investment. Indonesia’s Ministry of Transportation proposes to underwrite IDR 13.5 trillion (USD $2.3 billion) - approximately 49 percent of total required investment for this railway project.

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  • Indonesian Government Tenders Soekarno-Hatta Airport Train Project

    Indonesian Government Tenders Soekarno-Hatta Airport Train Project

    The Indonesian Transportation Ministry will tender the Soekarno-Hatta International Airport train project in August 2014. The project, which will connect one of the world’s busiest airports to the capital city of Jakarta, is offered in the shape of a public-private partnership (PPP) with the Indonesian government. The total of investment required to develop the railway, which will be built partly underground, is estimated at IDR 26 trillion (USD $2.2 billion). The project aims to improve connectivity to the airport.

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  • Two Indonesian Airlines Plan Corporate Actions for Business Expansion

    Two Major Indonesian Airlines Plan Corporate Actions for Business Expansion

    Garuda Indonesia, the country's top-class airline, is planning to conduct a rights issue in the first quarter of 2014. Through this corporate action, which has already been approved by the shareholders, the state-controlled company aims to raise IDR 2 trillion (USD $162.6 million). For 2014, the airline plans to allocate IDR 4 trillion in capital expenditure (capex) for business expansion. About half of this amount should originate from funds generated through the rights issue.

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  • International Tender Surabaya Monorail and Tram Project in December 2013

    International Tender Surabaya Monorail and Tram Project in December 2013

    The regional government of Surabaya, Indonesia's second-largest city after the capital city of Jakarta, is planning to tender two separate infrastructure projects - open to both foreign and domestic investors - at the start of December 2013. The two projects involve the construction of the city's monorail, valued at IDR 6.42 trillion (USD $558.3 million), and the construction of a tramline, valued at IDR 2.41 trillion (USD $209.6 million). When finished, the two projects are expected to reduce traffic congestion in Surabaya, East Java's economic center.

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  • Government of Indonesia Serious to Develop Palm-Based Biodiesel

    Government of Indonesia Serious to Develop Palm-Based Biodiesel

    Usage of biodiesel for transportation in Indonesia is expected to reach 7.2 million kiloliter by 2015, a sharp increase from 600,000 kiloliter in the first nine months of 2013. State-owned Pertamina is expected to supply the extra 6.6 million kiloliter of biodiesel. The reason why the Indonesian government is eager to develop palm-based biofuel for transportation purposes is to reduce the country's reliance on the import of expensive diesel fuel. Imports of fuels and gas are the foremost reason that Indonesia is coping with a wide current account deficit.

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  • World Bank: Logistics Costs Reduce Economic Potential of Indonesia

    World Bank Report: Logistic Costs Reduce Economic Potential of Indonesia

    In its most recent report regarding Indonesia's economy, the World Bank states that high logistic costs form a serious impediment to the country's economic growth. The report, titled Annual Logistics Report, is compiled by Bandung Institute of Technology’s Research Center for Logistics and Supply Chains, the Indonesian Logistics Association (ALI), the STC Group, Panteia Research Institute, and the World Bank Indonesia Office. The report provides an analysis and overview of the progress made in tackling the problem of logistics in Indonesia.

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  • Analysis: Indonesia's Car Sales Rising but May Fall in Second Half 2013

    Analysis: Indonesia's Car Sales Rising but May Fall in Second Half 2013

    In recent years, Indonesia's car sales have shown robust growth, culminating in a record high number of 1.12 million sold car units in 2012. This is an important statistic because car sales inform us about the state of the economy. Generally, rising car sales indicate an expanding economy while declining car sales indicate that the economy is slowing down. When we take a look at the table below, there is a link visible between Indonesia's GDP growth and rising car sales, except for 2011 to 2012 when GDP growth declined while car sales rose.

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