The mushrooming of superblocks in Jakarta is now reaching to the eastern part of the city with a unique mixed-use project where sport activities and community lifestyle are nestled under one estate. Built on a 34-hectare land in Pulomas Green Land, Pulomas X’Venture features a jungle concept of mixed-use development surrounded by horse racing activities with golf course as the backyard. The project is developed by property developer Paramitha Bangun Cipta Sarana with Coldwell Banker … [Read more...]
High Appraisal
Southeast Asia’s strongest economy, Singapore has been gaining ground for its architectural masterpieces that have won the hearts of worldwide citizens seeking a safe haven for property investment. And we had the opportunity to be among the first to preview two of the most prestigious high-rise residences in the city-state island. “More than 55 percent of those who have purchased properties in Singapore are foreigners, 60 percent of whom are Indonesians,” according to Len Siew Lian, … [Read more...]
Bright Outlook
Indonesia’s sustainable economic growth is offering ample opportunities through various financial instruments, in which mutual funds have become a promising investment destination. There is an increase in domestic consumption in Indonesia due to the country’s healthier economy. The 6.1 percent economic growth led total Gross Domestic Product (GDP) to reach Rp 6,422.9 trillion (US$ 751.47 billion) in 2010, according to Central Statistics Agency. With the government projecting Indonesia’s … [Read more...]
Boosting Tourism
Blessed with natural grandeur and beautiful landscapes, Indonesia is looking forward to gaining economic benefit from tourism development. The Indonesia’s Ministry of Culture and Tourism has set the promotion budget of Rp492.1 billion or US$57 million for tourism development in 2011. The allocated budget is for marketing activities that include overseas and domestic promotion, marketing information, facilities promotion and MICE (Meeting, Incentive, Conference and Exhibition). The Rp492.1 … [Read more...]
Time to Invest
With the increasing confidence in national economy, property industry is turning into the epitome of investment that provides natural hedge against inflation. Recalling the struggling years in the global property business, particularly in 2008 when the financial downturn overshadowed the world’s economies, Indonesia this year seems to be unscathed and the country remains optimistic about its future economic outlook. Compared to when the country was hit hard by the 1997 monetary crisis, the … [Read more...]
Strengthening Ties
Indonesia and China have steadily developed economic and trade relations while Asia is heading up toward becoming a new world economy. China has transformed into the world’s giant in the global economy owing to the country’s high productivity and economic reforms. The world’s most populous country has become the world’s largest exporter and the year 2010 recorded China as the world’s second largest economy after the United States. Meanwhile, Indonesia has been acknowledged as one of the … [Read more...]
Building the Future
Blessed with the savvy to read the market well, Patricia Rolla is confident to take the newly established insurance company she leads to the next level. With kindhearted smile, the president director of MNC Life says that there is a significant room for the growth of insurance industry in Indonesia. “Undoubtedly, demography plays its crucial role as the engine to boost the industry,” Patricia Rolla attests, referring to the fact that the majority of Indonesian people have yet to own … [Read more...]
Education Venture
Aside from helping children escape from early failure, investing in high quality early childhood education can enhance economic vitality. Business-wise, the investment offers a profound market potential. The increasing public awareness of the importance of early childhood learning experiences has paved the way for the mushrooming of formal and informal education institutions in Indonesia’s big cities, particularly Jakarta. The evidence is obvious. The quality of life as an adult can be … [Read more...]
An Ideal Living Concept
The fast growing number of population in Jakarta has provided the catalyst for land limitation and the city’s notorious traffic that condemns commuters to hours in their cars. Correspondingly, the capital’s biggest superblock Podomoro City has been playing its crucial role to help realize the dream of city-dwellers seeking a solution where shopping, living, entertainment and working are conjoined into one stop destination. Sitting on the Western Jakarta’s prime area, Podomoro City offers … [Read more...]
Palatable Aussie
By Aulia R. Sungkar (Ollie). Published in HighEnd, April 2011. With the annual wine exports of around 770 million liters, the Australian wine industry contributes A$5.5 billion per year to Australia’s economy, making this pristine Kangaroo nation the world’s fourth largest wine exporting country. Highly regarded by wine drinkers worldwide, with strong growth in exports, Australian wines have rivaled some French viticulturists. According to Winebiz, Australia’s Wine Industry Portal by … [Read more...]
