Indonesia
Jakarta best place to buy property in Asia in 2013
ndonesia’s overpopulated capital is predicted to be Asia-Pacific’s top real estate market in 2013, edging out such established markets as Hong Kong, Singapore and Sydney. This is according to a report released by PricewaterhouseCoopers and the Urban Land Institute.

Indonesia’s overpopulated capital is predicted to be Asia-Pacific’s top real estate market in 2013. Dubbed ‘Emerging Trends in Real Estate – Asia Pacific 2013’, the report says Indonesia’s economic turnaround driven by a strong domestic demand and resource-oriented economy has impressed (and lured) international investors.
According to the report, Indonesia’s interest and inflations rates are very much under control, while its GDP is growing at an impressive 6.5% annually. However, the country’s main economic driver is foreign direct investment, which is increasing at a much higher rate: 39% in the first half of this year.
Property services firm DTZ recently reported that office rents surged 29% year-on-year in Q3 2012, largely driven by demand from foreigners and locals alike.
Strong growth has helped Jakarta jump 10 places from its 2011 ranking. However, PricewaterhouseCoopers cautions that the city’s real estate is not entirely rosy. Difficulties in finding inexpensive bank loans, trustworthy local partners and land with disputed ownership all spell ‘buyers beware’.
Below is the report’s top 15 cities in the Asia-Pacific for real estate investment.
1. Jakarta, Indonesia
2. Shanghai, China
3. Singapore
4. Sydney, Australia
5. Kuala Lumpur, Malaysia
6. Bangkok, Thailand
7. Beijing, China
8. China’s second-tier cities, such as Chongqing, Tianjin, and Shenyang
9. Taipei, Taiwan
10. Melbourne, Australia
11. Hong Kong
12. Manila, Philippines
13. Tokyo, Japan
14. Seoul, South Korea
15. Guangzhou, China
Ecommerce
Ecommerce News : Go-Jek Aims To Turn Indonesians Into E-Payment Users
Whenever you pay for a ride or service in cash, the Go-Jek driver will ask you if you want to store the change in the form of Go-Pay for future use. If you agree, the driver gets a bonus and you get discounts on your upcoming rides.

Wrapping up for the day? Read today’s key stories here.
1. Go-Jek is focusing on its e-payment platform, Go-Pay
It’s been available for a while, but a recent campaign successfully drove usage to a tipping point.
Whenever you pay for a ride or service in cash, the Go-Jek driver will ask you if you want to store the change in the form of Go-Pay for future use. If you agree, the driver gets a bonus and you get discounts on your upcoming rides.
Read the rest of the story here.
2. Cashless society push will speed smart city development in Malaysia
Malaysia’s Malaysian Global Innovation & Creativity Centre (MaGIC), smart city enabler Cyberview and Mastercard have signed an agreement to support the Malaysian government’s push towards a cashless society.
Read the rest of the story here.
3. DHL taking part in drone tests
In addition to assessing the drones’ suitability for delivering parcels in urban areas, the project will examine if Deutsche Telekom’s mobile network can be used to connect unmanned aircraft systems (UAS) to the mobile internet.
Read the rest of the story here.
Indonesia
Indonesia 2016: Foreign Investment Opportunities and Trends
Business
Indonesia may replace Thailand as main automotive production hub in ASEAN by 2020
Strong evidence suggests that Indonesia will eventually replace Thailand to become the main automotive production hub in ASEAN, according to Markus Scherer, Global Automotive Sector Leader at Ipsos Business Consulting.

Strong evidence suggests that Indonesia will eventually replace Thailand to become the main automotive production hub in ASEAN, according to Markus Scherer, Global Automotive Sector Leader at Ipsos Business Consulting. (more…)
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