Bi-Weekly Roundup: Premium Gas is Not Worth It, Indonesia to Get Nationwide 4G Network
Welcome to Heroleads Indonesia’s bi-weekly roundup. In this section we highlight some top stories and news from various industries. In this first half of December, we saw an incredible Growth in Southeast Asia’s internet economy, positive future of Indonesia’s property market, and many more. These are the top stories from the first half of December 2017.
Won’t Get Fueled Again: AAA Testing Suggests Premium Gas, for the Most Part, Isn’t Worth Your Cash
Higher octane fuel is more expensive than other grades and the gulf between regular and super-duper-extra premium is steadily increasing. Is it worth “treating” your car to a tank of high octane every now and then? The American Automobile Association says absolutely not — and they have the testing to back it up.
TECH & DIGITAL
330 million internet users accelerating the growth of Southeast Asia’s internet economy
Google has examined the incredible Growth in Southeast Asia’s internet economy. Not only this year’s economy exceeding the initial growth expectations, it is found that the region is in the right track to realizing a $200 billion internet economy by 2025.
Bank Indonesia Keeps Key Interest Rate at 4.25% in December 2017
Bank Indonesia, the central bank of Indonesia, left its benchmark interest unchanged at the final (regular) policy meeting of 2017. The BI 7-day Reverse Repo Rate was kept at 4.25 percent on Thursday (14/12). Meanwhile, the deposit facility and lending facility were kept at 3.50 percent and 5.00 percent, respectively (effective per 15 December 2017).
Rumah.com Property Outlook 2018: Pasar Bergerak Positif
Despite the slowing economy, report shows that Indonesia’s property market is heading to a positive direction. It is predicted that property prices may rise up to 5%, while residential supply may increase up to 20%. The report also credits the government policy as one of the supporting factors.
All cities and regencies to get 4G network in 2019
Communications and Information Minister Rudiantara said in Jakarta on Wednesday (13/12) that the government planned to provide cellular phone users in all cities and regencies across the country with fourth generation (4G) broadband cellular networks in 2019.