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AirAsia and Garuda Indonesia have cancelled a total of at least 26 flights to and from Yogyakarta after the eruption of Mount Merapi forced the ancient Javanese city’s airport to close. The cancelled AirAsia flights are AK 346, AK 347, AK 348 and AK 349…
Coffee shop ventures generate significant economic potentials in Jogjakarta, and it can reach Rp350.4 billion a year, generated from 800 coffee shops in the city. “The current economic realization that comes from 600 registered coffee shops in Jogjakarta…
The competition in travel agency business is getting stiffer in the wake of the free trade agreement of ASEAN Economic Community (AEC). The free trade agreement implementation has seen foreign travel agencies competing directly with local agencies, including…
First Reit has entered into a joint venture with Lippo Malls Indonesia Retail Trust (LMIRT) to jointly buy an integrated development in Yogyakarta, Indonesia, from their sponsor PT Lippo Karawaci Tbk. The property comprises Siloam Hospitals Yogyakarta (SHYG)…
