All-new BMW X1 sDrive20d and BMW X1 sDrive18i, the world’s first compact Sports Activity Vehicles, introduced to young urban Indonesians. Jakarta. The all-new BMW X1 sDrive 20d has been unveiled in Jakarta, marking the official introduction of BMW Advanced Diesel Technology in Indonesia to meet the needs of environmentally-conscious young urbanites. The President Director of BMW Indonesia, Mr. Ramesh [...]

Thu, 07/29/2010 9:40 AM Developers are moving southward to construct new office buildings in the capital city in a search for cheaper land prices and a specific image, say property consultants at PT Procon Indah. The company’s data shows that as of the second quarter of 2010, South Jakarta had almost 20 percent of all [...]

Jakarta, July 30, 2010 Vashti Trisawati Abhidana In “The Sorcerer Apprentice”, it needs a thousand years to find the best wizard apprentice and it’s Balthazar Blake’s (Nicolas Cage) missions to find the right one. Whoever wears the dragon ring, fits perfectly in his/her finger and the important part is the dragon sculpting “feels” comfortable on [...]

The market leading e-reader gets refreshed with a Wi-Fi only option and a zippier screen. Amazon today introduced a new version of the Kindle eReader — Kindle 3 — that shows it’s not backing down from selling dedicated electronic reading devices. The new Kindle, code-named Shasta, doesn’t have a color display or a touch screen, both long-rumored [...]

The world’s largest public energy company reported net income of $7.56 billion, or $1.60 a share, in the second quarter, up 91% from $3.95 billion, or 81 cents a share, in the same period in 2009. Analysts were expecting earnings of $1.46 a share, according to a survey by Thomson Financial. Earnings for the first [...]

FORTUNE — Corporate chiefs may seem hardboiled, but they can be sensitive, too. Take the ruckus they’ve been raising over what they perceive to be rough treatment from the Obama White House. The bubbling resentment of the administration among top corporate brass burst into the open in late June, when Verizon (VZ, Fortune 500) CEO [...]

Bank DKI will issue bonds worth Rp 750 billion (US$83 million) in September to help develop its credit sector. Bank DKI corporate secretary Romy Wijayanto said Thursday that the bank had appointed PT Mandiri Security as its underwriter. He said that the public expose would be held next month, tempointeraktif.com reported. “We plan to use [...]

Imported shoes have flooded Indonesian market, posing a threat to the country’s small and middle-scale footwear industry, shoemakers say. Chairman of Indonesian Footwear Association (Aprisindo) Eddy Widjanarko said Thursday imports of shoes increased by between 50 and 55 percent in the first semester of the year compared to the same period last year. “Our exports [...]

Source: Bloomberg Rupiah Rises to 3-Year High on Economic Outlook, Interest Rates July 29, 2010, 5:33 AM EDT By Patricia Lui July 29 (Bloomberg) — Indonesia’s rupiah rose to a three- year high as the country’s improving economy and relatively high interest rates attract funds from abroad. Bonds gained. The Jakarta Composite Index climbed to [...]

Carl Weinschenk July 25, 2010 It’s a good idea to find actual numbers to test what everybody thinks is happening. This both proves or disproves the general feeling and provides some context for whatever conclusion is drawn. Smartphones passed the test with flying colors. IDC on Friday released numbers suggesting just how significant the growth [...]