• Unilever Indonesia to Invest $500 Million in Production Expansion

    Unilever Indonesia, one of the largest consumer goods producers in Indonesia, will continue to focus on the strengthening of its production lines. The company plans to invest up to USD $500 million over the next five years. Sancoyo Antarikso, ‎External Relations Director & Corporate Secretary at Unilever Indonesia, said the funds will be used to expand production capacity of the company's nine factories across Indonesia.

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  • Pharmaceutical Exports Indonesia Remain Under Pressure in 2017

    Exports of pharmaceutical products from Indonesia have declined due to increasing competition from China on the international market. Chinese pharmaceutical companies dominate export markets supported by China's low production cost environment and the availability of raw materials at home. However, despite this situation, the Indonesian Pharmacy Association (GP Farmasi Indonesia) remains optimistic that Indonesia's pharmaceutical exports can climb in 2017.

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  • Indonesia's Salim Group Wants to Build a "New Bank Central Asia"

    The Salim Group, one of Indonesia's biggest conglomerates (owning leading companies in various sectors of the Indonesian economy), has high ambitions in the nation's banking sector after having acquired a majority stake in Bank Ina Perdana in early March 2017. For the first time in 19 years the conglomerate, founded by Sudono Salim in 1972, is back in Indonesia's banking industry.

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  • What Can Investors Learn from Jakarta's Land Reclamation Project?

    The future of the ambitious land reclamation project in the bay of Indonesia's capital city of Jakarta is highly uncertain now Anies Baswedan has been elected as next Jakarta governor. Baswedan and his running mate Sandiago Uno have repeatedly expressed their objection to the reclamation project, while defeated Jakarta governor Basuki Tjahaja Purnama (Ahok) was a major supporter of the project.

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