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At least 30 killed as flash floods hit Indonesian capital

Torrential rain has caused flash floods to inundate large parts of Indonesia’s capital and nearby towns, killing at least 30 people and forcing thousands more to evacuate. Deaths were caused by hypothermia, drowning and landslides, while four died after being electrocuted by power lines, the country’s disaster mitigation agency (BNPB) said on its website on …

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Former Mandiri boss, ex-KPK deputy chief named new PLN top brass

The State-Owned Enterprises (SOEs) Ministry named on Monday prominent banker Zulkifli Zaini as the new president director of state electricity firm PLN, a position that had been left vacant for months.  Zulkifli replaces Sofyan Basir, the former PLN boss who resigned from the post in May after he was implicated in a graft case pertaining …

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$137b worth of investments in pipeline for infrastructure projects: Luhut

The Office of the Coordinating Maritime Affairs and Investment Minister estimates that US$137 billion worth of investment are in the pipeline for infrastructure projects across Indonesia. Most of the investment (46 percent) is slated for oil and petrochemical refinery projects, while mineral processing facilities account for the second-largest share (34 percent), according to the coordinating …

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Bangkok Bank Buys StanChart Indonesian Bank for $2.7 Billion

Bangkok Bank Pcl snapped up a controlling stake in Indonesia’s PT Bank Permata for about $2.7 billion in the first major purchase of an overseas lender by a Thai bank. The purchase of a near 90% holding from Standard Chartered Plc and a local partner fits with Bangkok Bank’s strategy of transforming into a regional lender with a larger presence in Southeast …

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Thai National Day was organized by TWA (Thai Women Association)

Another big celebration for Thai National Day was organized by TWA (Thai Women Association). The Thai Community invited everyone to come together to celebrate the Thai National Day on Saturday 7th December, 2019, 6 PM at ASEAN Secretariat. The event was also joined force by Thai Business Club Indonesia (TBCI) and Thai Golf Club Indonesia …

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Thai National Day and 70 years of Thailand – Indonesia diplomatic relations

On December 3rd, 2019, Royal Thai Embassy, Jakarta held an event to celebrate the Thai National Day and the 70 years of Thailand – Indonesia diplomatic relations. The Ambassador of Thailand, H.E. Mr. Songphol Sukchan & Madame Piyachanid, The Permanent Representative of Thailand to ASEAN, H.E.Ms. Phasporn Sangasubana were hosting the event at Grand Ballroom, AYANA Midplaza Jakarta 7.00pm-9.00pm.

Luhut welcomes Hyundai for investment in Indonesia as production base

“This is in accordance with the government’s objective to position Indonesia as a production base and not only the market.” Jakarta (ANTARA) – Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan welcomed South Korea’s Hyundai Motor Company to invest in Indonesia as its production base after negotiations spanning a year. “This is in accordance …

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Dinner Talk – Business Opportunities and Challenges in Indonesia 2020-2024

On 20 November 2019, TBCI held Dinner Talk about Business Opportunities and Challenges in Indonesia 2020-2024 at Royal Thai Embassy Jakarta. This event opened by speech from The Ambassador of Thailand, H.E. Mr. Songphol Sukchan. The panelists on this event are:– Gidion Hasan as the Vice President Commissioner of PT United Tractors Tbk and Director …

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Batik Air to offer direct flights from Jakarta to Bangkok

Batik Air has announced it will launch a direct flight from Soekarno-Hatta International Airport serving Jakarta to Don Mueang International Airport in Bangkok on Nov. 20. “The opening of this international flight to Thailand is a form of business expansion, and part of our commitment to deliver the best services for customers,” CEO Achmad Luthfie said in a …

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