All posts by: scciadmin

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Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses. The Competition and Consumer Commission of Singapore (CCCS) also warned that it may require the companies to unwind the merger depending on whether the remedies […]

As President Joko “Jokowi” Widodo inaugurated Indonesia’s first wind power plant in Sidenreng Rappang, South Sulawesi, on Monday (02/07), the government is getting closer to its ambitious target of obtaining more than a fifth of the country’s energy from renewable sources. The plant, also known as PLTB Sidrap, consists of 30 wind turbines which can produce up to 75 […]

Britcham Indonesia provides members and guest the opportunity to network and exchanges business ideas and information through Global Partners by Britcham.  Date: 5 July 2018 Time: 18.00 – 20.30 Venue: Up in Smoke – RDTC Tower Jakarta This event provides an opportunity for the invites to expand the network to Southeast Asia. Britcham invites the cooperation […]

A confirmed total of 257 bottles of liquor kept in 26 suitcases were found at a toilet in Terminal 2 of Soekarno-Hatta International Airport in Tangerang, Banten. It is suspected that the owners of the bottles arrived at the airport on Sunday night on board a Lion Air Singapore-Jakarta flight, according to a statement made by the airport’s customs […]

Bank Indonesia (BI) Governor Perry Warjiyo expects foreign investment to enter Government Securities (SBN) and increase the supply of dollars so as to stabilise rupiah. “Therefore, with the auction (SBN), foreign investors then also start entering and it will do the stability of the exchange rate,” Perry said after a meeting in the Ministry of […]

Bank Indonesia (BI) predicts a relaxation loan to value (LTV) policy can contribute 0.04% to gross domestic product (GDP) until the end of the year. Meanwhile, the government is targeting for 2018 economic growth to reach 5.4%. “This LTV leeway can contribute as much as 0.04% to GDP,” said Assistant Governor Head of Makroprudential Policies […]