Category: News

Indonesia’s dollar millionaires to reach 151,000 by 2020

The number of dollar millionaires in Indonesia is projected to rise by more than half over the next five years as growth in emerging markets is expected to remain robust...

2015

2015 at a Glance: the Good, the Bad and the Shocking

2015 was pivotal for Indonesia in many ways, and it’s important to take stock of the 12 months that have passed. We’ve taken the liberty of compiling a list of key...

Mama Wants Credit, Papa Wants Shares

Police have finally busted one of the most common text message scams in the book; meanwhile, the country’s biggest corruption scandal could just be swept under the...

Cyber Attacks on Southeast Asian Organizations on the Rise

FireEye, Inc. (NASDAQ: FEYE) and Singapore Telecommunications Limited (Singtel) on 19 November released a new report on advanced cyber attacks against organizations...

Indonesia Urged to Be More Vigilant Following ISIS Attacks

Following ISIS terror attacks in Paris, Indonesian officials have been urged to step up the nation’s counter-terrorism measures, as the country remains at risk. The...

Amid Rupiah Surge, Drop In Reserves Shows Indonesian Fragility

  Last month’s drop in Bank Indonesia’s foreign-exchange reserves, even as the rupiah led emerging markets to surge 7 percent, highlights vulnerability in the...

Government Announces New Policy to Allow Foreign Investors to Operate Special Economic Zones

The Indonesian government continues to make efforts to stimulate economic growth by attracting foreign investors. In a new policy package, investors are not only allowed...

Manpower Expresses Regrets; Extends Expats a Warm Welcome

The Indonesian Ministry of Manpower recently caused panic and demoralization among companies hiring expats. All of this was following the drastic change of rules laid...

Why is Gili Trawangan a Hotspot for Illegal Drugs in Indonesia?

Despite evidence that shows Gili Trawangan is a hub for meth and ecstasy, the Government remains mildly concerned with its role in regional drug trafficking.  Your...

China to Build Indonesia’s High-Speed Train, Experts Remain Cautious

China won the bid over Japan to build the first high-speed rail line in West Java. The Government hopes for an economics boost. Experts weigh in on the project....