Owner of popular cell phone store under city arrest for allegedly selling illegal iPhones

Putra Siregar, who owns popular cell phone store chain PS Store, has been charged for allegedly selling iPhones obtained from the black market and has been placed under city arrest. 

Business

‘Pak Anies, we’re hungry’: Jakarta’s leisure industry workers protest prolonged closures

‘Pak Anies, we’re hungry’: Jakarta’s leisure industry workers protest prolonged closures

Hundreds of business owners and workers from the leisure sector came out to protest in front of Jakarta City Hall today, calling on Governor Anies Baswedan to allow them to resume...

West Jakarta Sushi Tei chain fined IDR10 million for failing to limit diners

West Jakarta Sushi Tei chain fined IDR10 million for failing to limit diners

One of Indonesia’s largest sushi restaurant chains in West Jakarta has been fined for failing to observe new dine-in protocols amid the pandemic. 

Netflix unblocked on Telkomsel, Indihome (for real this time!)

Netflix unblocked on Telkomsel, Indihome (for real this time!)

After years of speculation and hoping, the world’s most popular video subscription platform is now available on services under Indonesia’s largest telco.

Private data of 91 million Tokopedia users openly traded online: cyber security firm

Private data of 91 million Tokopedia users openly traded online: cyber security firm

A disturbing new development to Tokopedia’s massive user data leak has been reported, with a cyber security firm finding evidence that 91 million users’ private information...

Indonesia’s Telkom to unblock Netflix this week: reports

Indonesia’s Telkom to unblock Netflix this week: reports

The ultimate wish of millions of Netflix-deprived Telkom customers may finally be granted sooner than expected, as the state-owned telco is reportedly set to unblock the streaming...

Gojek to shut GoLife, lay off 430 employees as pandemic puts brakes on super app

Gojek to shut GoLife, lay off 430 employees as pandemic puts brakes on super app

Startup decacorn Gojek has announced that it’s shutting down its lifestyle app GoLife and laying off hundreds of employees as the company reels from the effects of the pandemic.

‘Are they smiling or pouting?’: Garuda Indonesia flight attendants to ditch face masks amid passenger complaints

‘Are they smiling or pouting?’: Garuda Indonesia flight attendants to ditch face masks amid passenger complaints

Flag carrier Garuda Indonesia’s flight attendants may have to ditch their face masks after passengers reportedly complained that they can’t see whether they’re being served...

Indonesian gov’t allows airlines to hike up ticket prices to compensate for passenger limit

Indonesian gov’t allows airlines to hike up ticket prices to compensate for passenger limit

An official from the Coordinating Ministry for Maritime Affairs and Investment says airlines operating in Indonesia are permitted to raise their ticket prices and make use of the...

Nearly 3,000 police and military personnel deployed as malls in Jakarta reopen today

Nearly 3,000 police and military personnel deployed as malls in Jakarta reopen today

Thousands of police and military personnel are going to ensure precautions against COVID-19 are being observed, police said, as hundreds of malls in the Greater Jakarta Area are...


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Coconuts Jakarta Business

There’s a popular statistic among Indonesians - although its origin is unknown, hence its validity is questionable - that around 60 percent of Indonesia’s money flows through the main business strip of Jalan Sudirman to Jalan MH Thamrin in Jakarta. Whether it’s true or false, it’s certainly the most centralized business district in Indonesia, consisting of many of the world’s leading financial institutions like banks and insurance companies. This is partly the reason why Jakarta keeps on attracting outsiders - either Indonesians or expatriates - to look for jobs or for investment opportunities in Indonesia’s capital city. Indonesia’s not that bad a place to invest in either, as it’s one of the few countries in the world that has experienced a steady economic growth in recent years despite scares of global economic meltdown.

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