On Wednesday (Apr 29), PT Elang Mahkota Teknologi Tbk (IDX:EMTK) announced that the company had just invested series A budget to the newly established e-commerce bobobobo.com through its subsidiary PT Kreatif Media Karya (KMK Online). Alvin W. Sariaatmadja of EMTK told the press that the value of EMTK’s investment to bobobobo.com is approximately 20 billion Rupiah. [Continue reading]
Month: April 2015
Facebook Prefers ISAT to EXCL for Free Internet Access Project
NewsroomThe popular social media platform Facebook announced its cooperation with PT Indosat Tbk (IDX:ISAT) to provide free internet access to Indonesian internet users through the internet.org. The internet.org is a Facebook-led initiative, bringing together technology leaders, non-profit, and local communities to connect the two thirds of the world that do not have access to the internet. [Continue reading]
Indonesian Books Publication Industry: Overview
NewsroomThe Indonesian Publisher Association (IKAPI) claims that there are 1,314 publishers in Indonesia as per 2013. Most of these publication companies are privately owned, but one of them is a stated-owned enterprise, i.e., PT Balai Pustaka. IKAPI also pointed out that most of the publishers are located in Java. The majority of them publish textbooks, books for children, religious books, fiction, and literature. [Continue reading]
Possible Threat Against the Elimination of Illegal Fishing
NewsroomOn Saturday (Apr 18), the Jakarta police found the body of an official from the Ministry of Maritime Affairs and Fisheries in a hotel in Menteng, Central Jakarta. The body was identified as Yoseph Sairela, who is known to be the coordinator of the Benjina Marine Resources and Fisheries Supervision Post of the Ministry of Maritime Affairs and Fisheries (PSDKP KKP). Speculation emerged that the death of Yoseph is related to the Benjina slavery case. [Continue reading]
Martha Tilaar and the Jamu Industry
NewsroomThe Martha Tilaar Group has been expanding its business into spa and jamu (herbal drinks) business. In 2013, the company invested up to Rp45 billion in the jamu business by establishing a 10-hectare jamu factory complex in Cikarang, West Java. [Continue reading]
Cosmetics Industry: Conversation with Wulan Tilaar
NewsroomSari Ayu is one of the oldest Indonesian cosmetic brands produced by PT. Martina Berto Tbk (IDX:MBTO) of the Martha Tilaar Group. MBTO was established on June 1977. Today it has 13 brands targeting different segments of cosmetic consumers. On Friday (April 17), we spoke exclusively with Wulan Tilaar Widarto, the vice chairwoman of the Martha Tilaar Group. [Continue reading]
The Care for Education Community & their Sekolah Kolong Pelangi
NewsroomValentina Palma Sastrodihardjo is a Jakarta resident, who took it upon her to help the less fortunate kids pursue education. Valent once worked as a corporate secretary but she realized that that wasn’t what she wanted to do. So she resigned and began working as a computer teacher at Ricci Elementary School. She found joy in teaching kids and thus decided to pursue further education in teaching. [Continue reading]
Ahok & the Idea of Province-Owned, Alcoholic Beverages Retail Outlets
NewsroomThe implementation of the controversial Trade Minister Regulation on The Sales of Alcoholic Beverage has been in full force since April 16; three months after it was released in January 16, 2015. Jakarta Governor Basuki Tjahaja Purnama, otherwise known as “Ahok”, is now under fire after the revelation that the province government has been for long a major shareholder of the Indonesian brewery company PT Delta Djakarta Tbk (IDX: DLTA). Ahok’s response? Throwing an idea to establish a Jakarta-government-owned alcoholic beverages outlets. [Continue reading]
Online Prostitution and the Idea of Establishing A Red Light District
NewsroomOnline prostitution has once again become a topic of discussion upon the recent news of the murder of Deudeuh Avisah Rini. The 25 year old was found dead in her boarding house in Tebet, South Jakarta, on Saturday (April 11). She’s reportedly a sex worker, who offers her service through social media platforms. [Continue reading]
Questions for Indonesia’s Coffee Industry
NewsroomThe Indonesian coffee industry is facing a tough choice. Indonesia can sell smaller quantity of coffee to the American and European market with a premium, but both market require the Indonesian coffee industry to develop a sustainable business practice. Or, Indonesia can opt for the easy choices, i.e., selling larger quantities at a low price to the People’s Republic of China, who may not be as invested in the economic well-being of Indonesian coffee growers. [Continue Reading]
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