Local media in Indonesia report that around noon (local time) on Thursday (05/07) three bomb explosions were heard stemming from a rented house in Pasuruan (East Java). A six-year old child was reportedly injured in this incident. Police is reportedly in search of a man - with the initial A. - who fled the scene. It is not confirmed by authorities but considering recent terrorist incidents in Surabaya and Sidoarjo (East Java), the Pasuruan explosions could be related to terrorism.

Read more ›

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.

Read more ›

Seeing various startup companies - across the globe (but also in Indonesia) - having developed into influential unicorns with a valuation of at least USD $1 billion, startup companies deserve some special attention. It is true, however, that most startups end in failure and therefore it is important to fully comprehend all aspects involved when establishing, running, and buying or selling a startup company to turn it into a success.

Read more ›

Digital exchange hub company NFC Indonesia is completing its initial public offering (IPO) on the Indonesia Stock Exchange. And the corporate move is going well. After the book building process - that took place between 8-22 June 2018 - the new shares of NFC Indonesia were oversubscribed 9.8 times. The company offers 166.67 million shares to the public at a price of IDR 1,850 (USD $0.13) per share, thus raising IDR 308.3 billion (approx. USD $21.4 million).

Read more ›