Below is a list with tagged columns and company profiles.

Today's Headlines Jakarta

  • DKI Jakarta Province to Impose New Lockdown as COVID-19 Patients Grow

    DKI Jakarta Province to Impose New Lockdown as COVID-19 Patients Grow

    The continuously rising number of confirmed novel coronavirus (COVID-19) cases in the province of DKI Jakarta, which is the political and economic heart of Indonesia, has made the DKI Jakarta Provincial Government decide to impose a new local lockdown (heavy social and business restrictions, locally known as 'PSBB'). Jakarta Governor Anies Baswedan confirmed that the lockdown will be re-imposed per Monday 14 September 2020.

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  • Indonesia Investments' Research Report Released: September 2019 Edition

    Indonesia Investments' Research Report Released: September 2019 Edition

    On Monday (07/10) Indonesia Investments released the September 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of September 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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  • Peak in Urbanization; A Consequence of the Traditional Lebaran Holiday

    Peak in Urbanisation; A Consequence of the Traditional Lebaran Holiday

    An annual peak in urbanization in Indonesia is one of the most interesting consequences of the Lebaran period. Ahead of Lebaran - a national holiday when Indonesian Muslims celebrate the end of the Ramadan month - around 20 million Indonesians (most of whom reside in the urban centers of Java) travel back to their places of origin to spend a couple of days with their (extended) families. It is a tradition that is locally known as mudik.

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  • Office Space in Jakarta: Occupancy Rate Falls on New Supply

    Office Space in Jakarta: Occupancy Rate Falls on New Supplies

    The occupancy rate of office space in Jakarta in 2018 is estimated to reach its lowest level since 2012. The sliding figure is not caused by a decline in investment realization in Indonesia (which often involves the opening of new offices in the capital city of Jakarta) - in fact investment is rising - nor is it caused by an exodus of companies away from Jakarta (although a modest decline in demand for office space was detected). It is the opening of new large office towers what is troubling the ratio this year.

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  • Looking Back at Indonesia's 2018 Eid al-Fitr Holiday

    Looking Back at Indonesia's 2018 Eid al-Fitr Holiday

    The extended Eid al-Fitr holiday is now over and everyone should be back at work per Monday (25/06). Indonesia's capital city of Jakarta is also, again, plagued by heavy traffic congestion. In fact, traffic congestion should be slightly worse than before the holiday because it is estimated that more than 72,000 newcomers settled in Jakarta after this year's Eid al-Fitr holiday.

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  • Impact of Asian Games & IMF-World Bank Meeting on the Indonesian Economy

    Impact of Asian Games & IMF-World Bank Meeting on the Indonesian Economy

    Two international events are estimated to have a significant impact on the Indonesian economy in 2018. Firstly, the 2018 Asian Games, to be held from 18 August to 2 September 2018 in - and around - the Indonesian cities of Jakarta and Palembang. Secondly, the 2018 annual meetings of the International Monetary Fund (IMF) and World Bank Group, to be held in Nusa Dua, Bali, on 12-14 October 2018. Both events will trigger foreign exchange earnings and give rise to a boost in economic activity.

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  • Floods & Landslides: Jakarta & Bogor Plagued by Torrential Rains

    Floods & Landslides: Jakarta & Bogor Plagued by Torrential Rains

    Parts of Indonesia's capital city of Jakarta as well as parts of several satellite cities around the capital are plagued by floods, resulting in thousands of evacuees. Anies Baswedan, Governor of Jakarta, said approximately 6,500 people have been displaced by floods in parts of South and East Jakarta, such as Rawajati and Kampung Melayu.

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  • Natural Disasters in Indonesia: Strong Earthquake Rocks Jakarta

    Natural Disasters in Indonesia: Strong Earthquake Rocks Jakarta

    The capital city of Jakarta was rocked by a strong earthquake on Tuesday (23/01) around 13:45 pm local time with its epicenter in the Indian Ocean, about 125 kilometers to the southwest of Jakarta. The quake did not go unnoticed in Jakarta. Many office towers, residential towers and hospitals were evacuated due to concerns about aftershocks, while people fled into the streets in panic.

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  • Property in Indonesia: More Expats Rent Houses in South Jakarta

    Property in Indonesia: More Expats Rent Houses in South Jakarta

    According to commercial real estate company Colliers International Indonesia, more expatriates are renting houses in Indonesia, specifically (South) Jakarta, since the second half of 2017. The rising number of expats who rent houses in Indonesia is due to expansion plans of manufacturing and automotive companies.

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Latest Columns Jakarta

  • Property in Indonesia: East Jakarta & Surabaya New Growth Centers?

    Property in Indonesia: East Jakarta & Surabaya New Growth Centers?

    So far East Jakarta has been left behind in terms of property development in the capital city of Indonesia. For many decades Central and South Jakarta have seen the construction of many residential property and office tower projects. Recently, West Jakarta experienced a major surge in property development. Few investors, however, dared to develop projects in East Jakarta as demand from the (upper) middle class and elite for property or offices in East Jakarta has been low.

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  • Politics in Indonesia: Jakarta's 2017 Gubernatorial Election

    Politics in Indonesia: Jakarta's 2017 Gubernatorial Election

    It is not a coincidence that ethnic, religious and social tensions have risen in Indonesia ahead of Jakarta's gubernatorial election on 15 February 2017. Indonesian Police is currently making over hours as various people, including political and religious leaders, have been reported to police for blasphemy or hate speech. One of the people that is being trialed is incumbent Jakarta Governor Basuki Purnama Tjahja (Ahok), who is one of the three men who compete to become the capital's next governor.

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  • Foreign Investment in Property Sector of Indonesia Rose in 2016

    Foreign Investment in Property Sector of Indonesia Rose in 2016

    The year 2016 was a good one in terms of foreign investment in Jakarta's residential property sector even though Indonesia's property market remained sluggish. Various foreign property developers - including China's state-owned China Communications Construction Group (CCCG), Japanese firms Mitsubishi Corporation and Tokyu Land Corporation as well as Hong Kong's HongKong Land and Malaysia's Sime Darby Group - announced to engage in big property projects (in and around the capital city of Jakarta) that have a combined value of USD $2.8 billion.

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  • Property Development Indonesia: West Jakarta Gaining Popularity

    Property Development Indonesia: West Jakarta Gaining Popularity

    When walking around the Taman Anggrek Mall and Central Park Mall in West Jakarta, you will see several big property projects being built: a new mall (Neo Soho Mall), apartment complexes (Neo Soho Apartments and Taman Anggrek Residences) and a new office tower (Soho Capital). In terms of property development in Indonesia, West Jakarta now seems developers' favorite location. Hari Raharta, Secretary-General of the Indonesian Real Estate Developers Association (REI), informed, however, West Jakarta has seen solid property development since the opening of the Jakarta-Tangerang toll road back in 1984.

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  • The Life of an Expat in Jakarta: App-Based Transport Services

    The Life of an Expat in Jakarta: App-Based Transport Services

    Foreigners who live in Indonesia's capital city of Jakarta are well aware of the horrible traffic situation. The lack of sufficient infrastructure development in combination with high car sales in recent years as well as the ever-growing population of Jakarta have resulted in complete standstills in many parts of the city, particularly on weekdays. To cover a relatively small distance in a car or taxi it can take hours, a loss of valuable time. Fortunately, there is a solution to these traffic jams.

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  • Construction of Jakarta's Island Reclamation Project Can Resume

    Construction of Jakarta's Island Reclamation Project Can Resume

    The Indonesian government announced that the moratorium on the construction of the grand reclamation project off the bay of Indonesia's capital city of Jakarta has been lifted. In April 2016 Indonesian President Joko Widodo suspended all activities related to the project due to alleged violations of and/or hiatuses in Indonesian law. Moreover, a corruption scandal emerged involving one of the developers of the land reclamation project and a local Jakarta councilor.

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  • Widodo Orders Jakarta's Land Reclamation Project to be Replanned

    Widodo Orders Jakarta's Land Reclamation Project to be Replanned

    Although development of the 17 artificial islands off the coast of Indonesia's capital city of Jakarta has been suspended (for six months) due to alleged violations of and/or hiatuses in Indonesian law, Jakarta Governor Basuki Tjahaja Purnama (known as Ahok) says he is certain that the ambitious land reclamation project will be continued after the moratorium. The construction of these 17 artificial islands is a project that is separate from (but highly integrated with) the central government's National Capital Integrated Coastal Development (NCICD) plan, better known as the Great Garuda.

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  • Infrastructure Projects Indonesia: Semanggi Flyover Jakarta

    Infrastructure Projects Indonesia: Semanggi Flyover Jakarta

    Construction of a new big infrastructure project in Indonesia has started: the Semanggi flyover in Jakarta's central business district. The project involves two additional elevated ramp roads above the existing intersection at Semanggi (hence creating an interchange). Improving the existing road infrastructure at this location is required in order to ease severe traffic congestion that occurs on working days. The project, which requires high-end technology, kicked off on Friday (08/04) and is scheduled to be completed in August 2017, ahead of the 2018 Asian Games.

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  • Indonesian Consumer Group: Don't Buy Property at Jakarta's Land Reclamation Area

    Indonesian Consumer Group: Don't Buy Property at Jakarta's Land Reclamation Area

    The Indonesian Consumer Protection Foundation (YLKI) advises investors and consumers not to purchase property (yet) on the artificial islands that form part of the grand USD $40 billion land reclamation project (National Capital Integrated Coastal Development, abbreviated NCICD, also known as the Giant Sea Wall) off the coast of North Jakarta. Most property developers - including Agung Podomoro Land - have already started to advertise (and sell) property units on these islands despite these developers are yet to obtain all necessary permits.

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  • Inflation Update Indonesia: Mounting Seasonal Pressures in June

    Inflation Update Indonesia: Mounting Seasonal Pressures in June

    The central bank of Indonesia (Bank Indonesia) predicts mounting inflationary pressures in the months June and July due to the Ramadan and Idul Fitri festivities, the possible impact of the El Nino weather phenomenon, and the new school year. Bank Indonesia expects to see inflation at 0.66 percent month-to-month (m/m) in June 2015, particularly driven by volatile food prices (a normal phenomenon ahead of Idul Fitri). On a year-on-year (y/y) basis, Indonesian inflation is expected to accelerate to 7.40 percent, from 7.15 percent in May.

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