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business-expansion

Marriott begins massive expansion in Indonesia

Business 7 years ago

PREMIUM
Marriott begins massive expansion in Indonesia

Marriott, which operates a number of hotel brands including JW Marriott, Ritz-Carlton, The Westin, Le Meridien, Sheraton and Four Points, is currently building 25 new properties across the country including in newly developed tourist destinations, Marriott International’s chief operating officer Asia Pacific Rajeev Menon said in Jakarta on Monday.

Gojek 'only for the poor' resistance in Malaysia is part and parcel of expansion

Business 7 years ago

Gojek 'only for the poor' resistance in Malaysia is part and parcel of expansion

A viral video on Wednesday showed the founder of Big Blue Taxi Malaysia, Shamsubahrin Ismail, speaking up against Gojek’s plan to enter the country, saying “Gojek services are only for poor people” such as those in Jakarta, Thailand, India and Cambodia.

PGN to increase use of natural gas in Pertamina’s oil refineries

Business 7 years ago

PGN to increase use of natural gas in Pertamina’s oil refineries

PGN corporate secretary Rachmat Hutama said the company was now building new transmission and distribution pipelines and is converting the fuel used by the oil refineries of its holding company, Pertamina, from oil to natural gas.

Go-Jek’s rebranding signifies fresh ambitions

Business 7 years ago

PREMIUM
Go-Jek’s rebranding signifies fresh ambitions

Indonesia’s on-demand services app Go-Jek has come a long way from a delivery call center with 20 motorcycle taxi (ojek) drivers to more than a million drivers and an estimated valuation of US$9.5 billion. All within nine years time.

Blue Bird expand to postal, trading, courier services

Business 7 years ago

Blue Bird expand to postal, trading, courier services

Well-known taxi company Blue Bird has expanded its business to include postal and courier services, as its core business has faced a tough challenge from ride hailing apps.

Garuda maintenance firm to produce plane tires

Business 7 years ago

Garuda maintenance firm to produce plane tires

Airplane maintenance company PT Garuda Maintenance Facility Aero Asia is planning to diversifying its business line by manufacturing airplane tires, with the factory expected to be constructed in the first quarter of 2019.

'Iron sharpens iron,' Grab's Tan says on Go-Jek expansion

Business 8 years ago

'Iron sharpens iron,' Grab's Tan says on Go-Jek expansion

Singapore ride hailing app Grab co-founder Anthony Tan welcomes Indonesian rival Go-Jek’s expansion to other Southeast Asia countries, saying that competition will boost the performance of both Grab and Go-Jek.

Business grows 20.23 percent in Q2: BI

Business 8 years ago

Business grows 20.23 percent in Q2: BI

Business activities grew 20.23 percent in the second quarter, triggered by the increase in sales during Ramadhan and the long Idul Fitri holiday. Last year’s growth figure in the corresponding period was 8.23 percent.

Grab to operate in 120 Indonesian cities after Uber acquisition

Business 8 years ago

Grab to operate in 120 Indonesian cities after Uber acquisition

Ride-hailing company Grab’s acquisition of competitor Uber will allow the latter to expand its Indonesian operation and serve 120 cities across the nation.

Bukit Asam plans to allocate Rp 6.5 trillion in capex in 2018

Business 8 years ago

Bukit Asam plans to allocate Rp 6.5 trillion in capex in 2018

State-owned coal miner PT Bukit Asam (PTBA) plans to allocate Rp 6.5 trillion (US$455 million) in capital expenditure (capex) next year, mostly for the expansion of its businesses, PTBA president director Arviyan Arifin said in Jakarta on Thursday.

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