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Beware of investment scams in Indonesia

Beware of investment scams in Indonesia

Thanks to the Jokowi administration, Indonesian economy and investment sector bear one of the juiciest fruit in Asia. The Financial Services Authority of Indonesia (OJK) has predicted that the Indonesian banking industry will post a triple double digit growth in 2017.

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Yamaha and Honda joint hands in deceiving Indonesian market

Yamaha and Honda joint hands in deceiving Indonesian market

The Commission for the Supervision of Business Competition (KPPU) ruled that the motorcycle manufacturers PT Yamaha Indonesia Motor Manufacturing (YIMM) and PT Astra Honda Motor (AHM) are guilty of forming an automatic scooter cartel. “The KPPU panel of judges fine Yamaha Rp25 billion and Honda Rp22.5 billion for violations in business competition,” Chief Judge Tresna Priyana Soemardi said in the KPPU hearing yesterday, Feb. 19. According to Tresna, the fines were calculated based on aggravating and redeeming factors of the defendants i.e. Honda and Yamaha.

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Suzuki Ertiga Diesel vs Honda HRV Diesel: Indonesia Diserbu Mobil MPV Sejuta Umat Bermesin Diesel!

Suzuki Ertiga Diesel vs Honda HRV Diesel: Indonesia Diserbu Mobil MPV Sejuta Umat Bermesin Diesel!

Bulan Januari kemarin, Suzuki Ertiga-san mendapatkan line-up baru dengan dengan menggendong mesin diesel. Melihat mesin mobil baru yang akan digunakan oleh Suzuki Ertiga yang merupakan blasteran Jepang-India dan Italy ini bermesin 1.3L dan merupakan mesin yang sangat ditunggu-tunggu oleh penggemar mobil diesel di negara berkembang. Mobil berjenis MPV 7 seater yang agak dipaksakan ini, diproduksi oleh Suzuki mulai tahun 2012. Mesin tersebut bisa dibilang cukup fenomenal dengan performa dan konsumsi bahan bakar yang sudah dibuktikan di negara India dengan Maruti Suzuki yang sudah lebih dahulu memasarkan Ertiga Diesel disana.

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Thai Canal that MAY change Batam and Singapore forever

Thai Canal that MAY change Batam and Singapore forever

The Thai Canal, also known as Kra Canal or Kra Isthmus Canal, refers to proposals for a canal that would connect the Gulf of Thailand with the Andaman Sea across southern Thailand. It is envisaged that such a canal would improve transportation in the region, similar to the Panama Canal and Suez Canal. Back in 2014, China’s Daily reported that LiuGong Machinery Co. Ltd and XCMG, and private Sany Heavy Industry Co Ltd were beginning preparations on the Kra Isthmus Canal but this was then denied by the companies. Thailand was a step closer to building the Thai Canal by cutting through its chokepoint called the Isthmus of Kra, as China would help foot the bill. If Thailand created it, the canal would shorten voyages from Europe to China by 1,200km and end Singapore’s status as a top sea hub.

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CAP GO MEH: A Celebration of the 15th day of lunar new year in Indonesia

CAP GO MEH: A Celebration of the 15th day of lunar new year in Indonesia

Chinese-Indonesians across the country celebrate Cap Go Meh (Hokkien: 十五暝) on the 15th day in the first month of the Chinese lunar New Year. In accordance to the combination of 10 Tian Gan and 12 Di Zhi in the lunar calendar system, Chinese ancestry in Indonesia (mostly referred as ‘Tionghoa’) are soon celebrating “Cap Go Meh” Festival. The word Cap Go Meh is coming from Tiociu or Hokkien dialect, “Cap Go”, which means “fifteenth” and “Meh” means night. last day of Chinese New Year, By many, the last celebration of new year means that everything from now on is everything that we will want to go about on fulfilling our new year resolutions.

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