Garuda cuts sole Euro service

February 2, 2012 by  
Filed under Aviation, News

Jakarta, 2 February 2012: Garuda Indonesia will reduce flights to Amsterdam in March and expand its Asian network including new services to Japan and Taiwan.

Blaming economic conditions in Europe  Garuda said it was reducing  its daily service Jakarta – Dubai – Amsterdam to four a week starting 1 March.

Amsterdam is Garuda’s only destination in Europe, launched in June 2010 after the airline was removed from EU’s safety blacklist. Read more

TRAVEX buyers tweak appointments

January 11, 2012 by  
Filed under News, Southeast Asia

MANADO Indonesia, 11 January 2012: Over 1,400 registered TRAVEX delegates will trade travel products at the Golden Kawanua Exhibition Hall on Thursday following a busy pre-TRAVEX networking session today to finalise last minute appointments.

ASEAN exhibitors will form some 920 of these delegates, while international buyers from 51 countries and media from 36 countries comprise 390 and 103 of total attendance respectively.

Pre-TRAVEX networking activities was underway today with the first of the full-day complimentary pre-show city tours around Manado, organised by the host committee, Ministry of Tourism and Creative Economy, Indonesia. These tours give TRAVEX delegates the opportunity to experience the city through its architecture, culture and famous sights, ably brought to life by local guides.

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Thai PM talks tourism co-operation

September 16, 2011 by  
Filed under News

BANGKOK, 16 September 2011 – Thailand will pursue stronger tourism cooperation with Indonesia after Thailand’s Prime Minister Yingluck Shinawatra visited the country, last Monday to meet with Indonesia’s President, Susilo Bambang Yodhoyono.

On her return to Thailand Prime Minister Yingluck said the Indonesian President expressed his wish to see wider cooperation on tourism between the two countries.

However, she did not clarify on how the two countries would beef up cooperation. Read more

Singapore ready to spend in Indonesia

January 18, 2011 by  
Filed under News, Southeast Asia

SINGAPORE, 18 January 2011 – The Government of Singapore Investment Corp wants to step up its investment in fast-growing Indonesia, particularly in infrastructure, a top executive said in remarks published Monday.

Possible projects include a cruise terminal in Bali and a rail link between Jakarta and the main airport.

The state investment agency will work with its Indonesian partners to study the various infrastructure projects available, executive director and deputy chairman ,Tony Tan, told the Straits Times newspaper.

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Garuda raises cash for 2011 expansion

January 4, 2011 by  
Filed under News

JAKARTA, 4 January 2011 – Flag carrier Garuda Indonesia plans to raise around US$500 million from its imminent initial public offering, a report said Tuesday, kick starting a year of expansion.

The airline is selling 9.36 billion shares, of which 79% are new, according to a term sheet seen by Dow Jones Newswires.

It will begin roadshows for the deal, which has no overallotment option, on 14 January and aims for a listing in Jakarta on 11 February, the term sheet said.

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Jailed for loud speaker atttack

December 16, 2010 by  
Filed under News

PRAYA, 16 December 2010 – An Indonesian court on Wednesday sentenced a foreign guest house owner, who promoted tourism on Lombok Island, to five months in jail for blasphemy for pulling the plug on a mosque’s loudspeaker during a prayer reading.

The August 22 incident during the Muslim holy month of Ramadan resulted in retired Californian engineer Gregory Luke, 64, needing a police escort from his home on Lombok island as a mob tore it to pieces around him.

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Best Western members meet in Bali

July 10, 2009 by  
Filed under News

Group claims it will have 20 properties in Indonesia by 2013.

Best Western logoBest Western hotel owners and senior corporate business development and marketing executives from Asia attended the group’s 6th Asian Members Meeting, held at New Kuta Condotel, Bali, Indonesia, last week.

The property hosting the event is the first Best Western hotel in Indonesia.

“The business agenda focused on opportunities that still undoubtedly exist even in today’s challenging trading conditions,” said Best Western International vice president operations – Asia, Glenn de Souza.

Besides owners of hotels that pay a membership to be part of the franchise network delegates included executives from Best Western area development office. Read more