Nomura ASEAN Virtual Conference (3 March 2021) One of Indonesia’S Leading Property Developer

Total Page:16

File Type:pdf, Size:1020Kb

Nomura ASEAN Virtual Conference (3 March 2021) One of Indonesia’S Leading Property Developer Nomura ASEAN Virtual Conference (3 March 2021) One of Indonesia’s Leading Property Developer Property Development for Sale Township Residential Condominium Office Core Business Commercial Property Development & Management Shopping Hotel ServicedServiced Office Others Mall ApartmentApartment - Business Presentation 2 Geographically Diversified Project Portfolio Kalimantan CitraGrand Senyiur City Samarinda CitraLand Banjarmasin Over 75 projects CitraGarden City Samarinda CitraGarden Banjarmasin CitraLand City Samarinda CitraGarden Aneka Pontianak in 33 cities across Medan CitraMitra City Banjarbaru CitraCity Balikpapan the nation. Pekanbaru Batam Sumatra Sulawesi CitraLand Gama City Medan Samarinda Jambi CitraPlaza Nagoya Batam CitraLand City Losari Makassar Pontianak Palu CitraLand Megah Batam Pangkal Pinang CitraLand Talassa City Makassar Balikpapan CitraRaya City Jambi Palembang CitraLand Celebes Makassar CitraLand NGK Jambi CitraGarden Makassar CitraLand Lampung Bengkulu Banjarmasin Vida View Makassar CitraGarden Lampung CitraGrand Galesong City Gowa CitraLand Palembang CitraLand Palu Banjarbaru Kendari CitraLand Pekanbaru CitraLand Kendari CitraGarden Pekanbaru Bandar CitraLand Botanical City Pangkal Lampung Makassar Pinang Jakarta Cirebon Maja Semarang Pekalongan Surabaya Bali Yogyakarta Malang Ciputra Beach Resort Denpasar Java CitraRaya Tangerang CitraGarden City Jakarta CitraLand BSB City Semarang CitraLand Surabaya CitraLand Driyorejo CBD CitraIndah City Jonggol Ciputra World Jakarta CitraGrand Semarang Ciputra World Surabaya The Taman Dayu Pandaan CitraLand Cibubur Ciputra Puri International CitraSun Garden Semarang CitraLand Vittorio Surabaya CitraHarmoni Sidoarjo Citra Sentul Raya Citra Towers Kemayoran Barsa City Yogyakarta CitraLand The Green Lake CitraGarden Sidoarjo Citra Maja Raya CitraLand Cirebon CitraSun Garden Yogyakarta Surabaya CitraIndah Sidoarjo CitraGarden BMW Cilegon CitraGarden City Malang - Business Presentation 3 Greater Jakarta Project Portfolio - Business Presentation 4 Country Overview Encouraging Macro Conditions Real GDP Growth 5.0% 4.9% 5.0% 5.1% 5.2% 5.0% Robust economic growth accelerating middle class formation and increasing housing demand -2.1% 2014 2015 2016 2017 2018 2019 2020 Home Ownership Loan Outstanding (Rp tn) Housing Loan as % of Nominal GDP 500 16.0% (December 2019) 40% 40% 400 12.0% 300 8.0% 23% 200 4.0% 100 0.0% 3.0% 3.9% 0 -4.0% Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Home Ownership Loan YoY - RHS Indonesia Philippines Thailand Malaysia Singapore - Business Presentation 6 Favorable Population Structure Population by Age Group and Dependancy Ratio Percentage of population in urban and rural areas 100% 51.1 90% 80% 47.5 47.7 70% 5.0% 6.3% 9.2% 60% 50% 66.2% 40% 67.8% 67.7% 30% 20% 10% 28.8% 25.9% 23.1% 0% 2010 2020 2030 Rural Population Urban Population 0-14 15-64 65+ Dependancy Ratio More than half of the Indonesian population lives in Rising working age population urban areas since 2010 and it is estimated to reach leading to a reduction in almost three-quarters by 2050 dependency ratio and promoting economic growth - Business Presentation 7 Regulatory Support from the Government Increased maximum Loan-to-Value (LTV) Lowered super luxury tax from 5% to 1% to 100% for all mortgages. and increased the threshold from Rp5bn to Rp30bn. Increased limit for mortgages for units Increased price threshold for 20% luxury under construction from 2 to 5. tax from Rp10bn to Rp30bn for Deregulated mortgage disbursement from apartments and from Rp20bn to Rp30bn banks to developers. for houses. Bank Ministry of Provided 100% VAT waiver for houses, shophouses, and apartments priced Indonesia Finance below Rp2bn and 50% VAT waiver for houses, shophouses, and apartments between Rp2bn to Rp5bn. Allowed foreigners to own apartments Loosened the penalty terms for the over Hak Guna Bangunan (HGB) land. developers in the event of customer cancellation. Relaxed the permit requirements for foreigners to be eligible to buy property. Omnibus Provided more flexibility for developers to comply with balanced housing Law regulation through public housing fund. - Business Presentation 8 Company Overview Marketing Sales Summary Historical Presales Presales per Location (Rp bn) 2020 2021T Greater Greater Surabaya Other Surabaya 12% Java 14% Other 7,640 16% Java 7,186 Greater 18% 6,363 Greater Jakarta 6,131 Jakarta Sumatra 2,106 3,092 5,870 41% 5,493 43% 18% Sumatra 15% 2,595 Sulawesi 2,955 Sulawesi 2,826 9% 10% 2,909 Others Others 3% 2% 5,081 4,549 3,768 Presales per Product 3,176 3,045 2,584 2020 2021T 2016 2017 2018 2019 2020 2021T Shophouses Shophouses 5% 5% Apartments Directly Owned Joint Operation Apartments 3% 6% Houses + Office 1% Houses + Office 1% Land Lots Land Lots Units 8,288 8,645 8,545 7,035 5,452 90% 88% Sold Area 73 85 74 67 66 Sold (Ha) - Business Presentation 10 Marketing Sales Summary Presales per Payment Method Presales per Unit Price 6% 10% 7% 6% 7% 15% 12% 15% 15% 19% 24% 21% 29% 29% 30% 40% 32% 36% 37% 31% 30% 21% 39% 24% 32% 53% 49% 48% 48% 50% 43% 40% 36% 34% 31% 2016 2017* 2018* 2019 2020 2016 2017* 2018* 2019 2020 Mortgage Instalment Cash < Rp1bn Rp 1-2bn Rp 2-5bn > Rp 5bn High proportion of mortgage payment due to exposure to Units below Rp2bn continue to make up majority of end-users and accessibility of mortgages presales as end-users are targeted *Note: 2017 and 2018 excludes en bloc sales to Ascott (Rp675bn) and Diener Syz - Business Presentation 11 (Rp575bn) Sufficient Land Bank to Sustain >15 Years of Development Gross Land Land ASP Ownership Land ASP Trend Project Name Bank (Rp mn per sqm) Scheme Ha 2010-13 CAGR 2013-19 CAGR 2019 CitraRaya Tangerang 100% 756 63% 9% 4.3 CitraIndah Jonggol 100% 176 17% 13% 1.8 CitraGarden City Jakarta 100% 118 48% 5% 15.6 CitraGarden Puri Jakarta 100% 18 - - 8.4 CitraLand Cibubur JV - 60% 75 - 1% 3.8 Total Greater Jakarta 1,142 CitraLand Surabaya 100% 836 33% 9% 8.9 CitraHarmoni Sidoarjo 100% 87 31% 16% 5.0 CitraGarden Sidoarjo JV - 60% 13 23% 20% 7.5 Total Greater Surabaya 936 CitraLand Lampung 100% 30 - 13% 5.2 CitraLand Palembang JV - 60% 106 - 11% 3.4 Ciputra Beach Resort JV - 60% 56 - 3% 8.5 CitraLand Pekanbaru JV - 60% 69 - 12% 5.5 CitraLand NGK Jambi JV - 51% 2 - 4% 3.3 Total Others 262 Total Land Bank 2,341 - Business Presentation 12 Rights to Additional Land Bank Through Joint-Operation Schemes Development Land ASP Development Land ASP Joint Operation Project Plan (Ha) (Rp mn per Joint Operation Project Plan (Ha) (Rp mn per sqm) sqm) Citra Sentul Raya 114 4.8 CitraGrand Senyiur City Samarinda 295 1.6 CitraLake Sawangan Depok 12 4.9 CitraGarden City Samarinda 39 2.5 Total Greater Jakarta 126 CitraLand City Samarinda 93 2.3 The Taman Dayu Pandaan 563 4.0 CitraMitra City Banjarbaru 172 1.3 CitraLand The Green Lake Surabaya 40 10.0 CitraLand Banjarmasin 40 4.6 CitraIndah Sidoarjo 2 3.7 CitraGarden Banjarmasin 10 3.1 CitraLand Driyorejo CBD 12 6.9 CitraGarden Aneka Pontianak 27 5.6 Total Greater Surabaya 617 CitraCity Balikpapan 9 10.5 Citra Maja Raya 1,200 1.4 Total Kalimantan 685 CitraLand BSB City Semarang 100 3.2 CitraGrand Galesong City Gowa 185 1.6 CitraGrand Semarang 55 3.9 CitraLand City Losari Makassar 157 15.3 CitraSun Garden Semarang 17 6.3 CitraLand Talassa City Makassar 69 4.5 CitraGarden City Malang 51 5.1 CitraLand Celebes Makassar 30 5.6 CitraGarden BMW Cilegon 47 3.2 CitraGarden Makassar 15 3.1 CitraLand Cirebon 45 3.2 CitraLand Palu 17 1.7 CitraLand Puri Serang 43 2.3 CitraLand Kendari 15 4.1 CitraGarden Pekalongan 10 2.0 Total Sulawesi 488 CitraGrand Mutiara Yogyakarta 9 5.3 CitraSun Garden Yogyakarta 6 7.1 Total Java Ex-Jakarta Ex-Surabaya 1,583 CitraRaya City Jambi 564 1.0 CitraLand Gama City Medan 123 9.1 CitraLand Botanical City Pangkalpinang 57 2.3 Citra AeroLink Batam 21 3.7 CitraLand Megah Batam 19 3.2 Total JO Land Bank of 4,304 Gross Ha CitraGarden Pekan Baru 20 2.0 Total Sumatra 804 - Business Presentation 13 Apartment Assets – Strata Title Est. Unsold Ownership Saleable SGA Sold Construction Project Name Tower Stock Value Scheme (sqm) % Progress (Rp bn) Ciputra World Jakarta 1 Raffles Residence 100% 41,500 84% 396 100% The Orchard 31,000 93% 83 100% Ciputra World Jakarta 2 100% The Residence 14,000 97% 17 100% The Newton 1 15,800 94% 47 79% Ciputra World Jakarta 2 Ext. 100% The Newton 2 22,500 21% 878 0% San Francisco 25,300 46% 321 97% Ciputra International JV - 55% Amsterdam 24,200 89% 59 100% Yashinoki 5,500 58% 32 100% CitraRaya Tangerang Ecopolis JV - 51% Suginoki 3,900 62% 19 100% CitraLake Suites Tower A+B JV - 51% 18,000 71% 129 100% Orchard 9,100 94% 10 100% Citra Living JO Revenue - 70% Lotus 9,100 28% 128 79% Total Jakarta 219,900 73% 2,119 CitraLand Surabaya Denver 100% 22,500 68% 143 100% Voila 35,800 94% 54 100% Ciputra World Surabaya The VertuJV - 53% 9,100 71% 70 100% Sky Residence 6,700 9% 141 95% CitraLand Vittorio Surabaya Alessandro JV - 51% 17,600 48% 178 8% Total Surabaya 91,700 70% 587 CitraPlaza Nagoya Batam Tower 1 JV - 50% 22,700 81% 106 42% Barsa City Yogyakarta Cornell JO Profit - 50% 8,500 51% 87 46% Vida View Makassar Brentsville JO Profit - 50% 24,800 37% 334 100% CitraLand City Losari Makassar Delft JO Profit - 50% 19,800 55% 178 0% Total Others 75,800 57% 705 Total Strata Title Apartment 387,400 69% 3,411 - Business Presentation 14 Office Assets – Strata Title and Leased Strata-Title Office Est.
Recommended publications
  • Urban Analysis Report 2020
    Co-funded by the European Union URBAN ANALYSIS REPORT 2020 BANDAR LAMPUNG Hari Priyadi Hermon David Setyorogo Celine Anastasya 01 Irfan Gunawan I This publication was produced with the financial support of the European Union Its contents are the sole responsibility of and do not necessarily reflect the views of the European Union Urban Analysis Report 2020 FOREWORD Addressing the threat of climate change remains a top priority for the European Union (EU). The European Green Deal is a response to these challenges; it aims to transform the EU into a fair and prosperous society, with a modern, resource-efficient and competitive economy with zero net emissions of greenhouse gases by 2050. Through the Climate Resilient and Inclusive Cities (CRIC) project, the EU and Indonesia are working together to help cities build a resilient and inclusive future. We do so by building partnerships between governments, businesses, local communities and research institutes in Europe, South Asia and Southeast Asia. Clearly, there are hurdles along the way, especially in the midst of the COVID-19 pandemic. However, our response to this pandemic needs to be a sustainable one, addressing the challenges of climate change as well as economic recovery. Just last month, in Sukabumi City of West Java Province, a flash flood cost lives and forced hundreds of citizens to leave their houses. According to the Indonesian National Disaster Management Agency, Indonesia is about to experience more hydrometeorological disasters due to climate change. The CRIC Urban Analysis Report is a timely reminder that cities cannot delay their sustainable transition. This Urban Analysis Report for ten Indonesian pilot cities under the CRIC project offers a comprehensive overview of city characteristics, policy gaps and climate-related policies in the cities of Pangkalpinang, Pekanbaru, Bandar Lampung, Cirebon, Banjarmasin, Samarinda, Mataram, Kupang, Gorontalo and Ternate.
    [Show full text]
  • Optimalization of Non-Tax State Revenue for Industrial Ports and Special Terminals
    INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 10, ISSUE 01, JANUARY 2021 ISSN 2277-8616 Optimalization Of Non-Tax State Revenue For Industrial Ports And Special Terminals Edward Marpaung, Raja Oloan Saut Gurning, Johny Malisan, Feronika Sekar Puriningsih, Wilmar Jonris Siahaan Abstract: The current condition of non-tax state revenues in the marine sector, especially those obtained from industrial ports and special terminals has not been maximized. This paper aims to identify what causes the non-tax state revenues acquisition of industrial ports and special terminals to be less than optimal and to seek policy recommendations that can be implemented to increase the non-tax state revenues. From the results of the analysis, it is found that several current problems are caused by the existence of industrial ports / special terminals which is not active and has not made non-tax state revenues payments, low non-tax state revenues rates on industrial ports and special terminals when compared to state-owned enterprises BUP, the existence of tariff class differentiation, there is no SOP that regulates performance of industrial ports / special terminals and several other problems. From these problems, several policy recommendations were made, such as controlling permits and payments, strengthening harbor-master, adjusting water leases, integrating digital platforms, implementing upper limit rates, intensifying and extending efforts. The policy is mapped based on the risks and implemented gradually over a period of two years starting from the quick wins phase, the short-term phase, the medium-term phase and the long-term phase. Each phase is simulated using dynamic simulation in the form of causal loop to see the projection of the non-tax state revenues.
    [Show full text]
  • THE LARGEST Township Development in Jakarta by Ciputra
    Propertindo123.comTHE LARGEST | Properti Township Online Development in Jakarta by Ciputra Group Launching Apartment Propertindo123.com | Properti Online Ciputra Grup yang didirikan oleh Alm. Dr. (HC) Ir. Ciputra dan keluarganya pada tahun 1981, adalah salah satu pengembang properti terdiversifikasi paling terkemuka di Indonesia. Selama hampir empat dekade terakhir, Ciputra Group telah memelopori pengembangan berskala besar dan berhasil mengembangkan lebih dari 99 proyek di 33 kota di Indonesia bahkan beberapa negara di Asia. Ciputra Grup mempertahankan posisi terdepan dalam industri dengan memilih lokasi strategis untuk pengembangan perkotaan mandiri yang menggabungkan area perumahan dengan zona komersial, infrastruktur transportasi dan komunikasi, layanan public dan fasilitas. Alm. Dr. (HC) Ir. Ciputra Founders of Ciputra Group Propertindo123.com | Properti Online Propertindo123.comMilestones | Properti Online 1981 1984 – 1996 1997 – 2005 2006 – Present Establishment Growth Restructuring Expansion 1984: CitraGarden City , our first 1997: 2006: 2014: Citra Maja Raya residential project, in West • Century 21, our property broker • Grand Phnom Penh International City, Universitas Ciputra International Jakarta business unit Ciputra, Mall Ciputra Seraya Pekanbaru : CitraGarden City Malang • Citra Harmoni Sidoarjo 2015 Established under : Sedaya Citra Media, our media : CitraLiving Jakarta 1991 • CitraIndah Jonggol 2007 the name of PT business unit • Ciputra World Surabaya, CitraLand City Samarinda • CitraGran Cibubur Citra Towers Kemayoran
    [Show full text]
  • Embracing the Sun
    PROJECT/PROGRAMME PROPOSAL TO THE ADAPTATION FUND EMBRACING THE SUN Redefining Public Space as a Solution for the Effects of Global Climate Change in Indonesia's Urban Areas PART I: PROJECT/PROGRAM INFORMATION Project/Program Category : SMALL-SIZED PROJECT/PROGRAMME Country/ies : INDONESIA Title of Project/Programme : EMBRACING THE SUN: Redefining Public Space as a Solution for the Effects of Global Climate Change in Indonesia's Urban Areas Type of Implementing Entity : NATIONAL IMPLEMENTING ENTITY Implementing Entity : Kermitraan Executing Entity/ies : 1. Resilience Research Institute, the University of 17 Agustus 1945 Surabaya, Indonesia 2. School of Design Office, Creative Industries Faculty, Queensland University of Technology Amount of Financing Requested : $ 824,835 (in U.S Dollars Equivalent) 1. PROJECT/PROGRAMME BACKGROUND AND CONTEXT This project aims to explore flood adaptation infrastructures as a new typology of public space to face climate adaptation, so enhance awareness of Indonesian and laid a concrete resilient groundwork in the face of the climate crisis1 recognizes the strategic role of public space in supporting communities located in urban environments. Recent research addresses issues of vulnerability in public spaces and explores resilience strategies that reduce the2,3 through water sensitive design, which is adopted to minimize4. All the measures described are reactive by nature; aiming to cope with the effects of climate change. This project adopts a different approach to face climate change, focusing on public space as an infrastructure that is ideal for facing the challenged of climate change, as well as a key urban element and as means for community engagement and education on climate change.
    [Show full text]
  • Only Yesterday in Jakarta: Property Boom and Consumptive Trends in the Late New Order Metropolitan City
    Southeast Asian Studies, Vol. 38, No.4, March 2001 Only Yesterday in Jakarta: Property Boom and Consumptive Trends in the Late New Order Metropolitan City ARAI Kenichiro* Abstract The development of the property industry in and around Jakarta during the last decade was really conspicuous. Various skyscrapers, shopping malls, luxurious housing estates, condominiums, hotels and golf courses have significantly changed both the outlook and the spatial order of the metropolitan area. Behind the development was the government's policy of deregulation, which encouraged the active involvement of the private sector in urban development. The change was accompanied by various consumptive trends such as the golf and cafe boom, shopping in gor­ geous shopping centers, and so on. The dominant values of ruling elites became extremely con­ sumptive, and this had a pervasive influence on general society. In line with this change, the emergence of a middle class attracted the attention of many observers. The salient feature of this new "middle class" was their consumptive lifestyle that parallels that of middle class as in developed countries. Thus it was the various new consumer goods and services mentioned above, and the new places of consumption that made their presence visible. After widespread land speculation and enormous oversupply of property products, the property boom turned to bust, leaving massive non-performing loans. Although the boom was not sustainable and it largely alienated urban lower strata, the boom and resulting bust represented one of the most dynamic aspect of the late New Order Indonesian society. I Introduction In 1998, Indonesia's "New Order" ended.
    [Show full text]
  • The Correlation Between Educational Level and Incidence of Syphilis Among Female Sex Workers Within 7 Cities in Indonesia in 2007
    International Journal of Medical and Health Sciences Research 2015 Vol.2, No.8, pp.141-149 ISSN(e): 2313-2752 ISSN(p): 2313-7746 DOI: 10.18488/journal.9/2015.2.8/9.8.141.149 © 2015 Asian Medical Journals. All Rights Reserved. THE CORRELATION BETWEEN EDUCATIONAL LEVEL AND INCIDENCE OF SYPHILIS AMONG FEMALE SEX WORKERS WITHIN 7 CITIES IN INDONESIA IN 2007 † Roselinda Rusli1 --- Nelly Puspandari2 --- Vivi Setiawaty3 1,2,3Center for Biomedical and Basic Technology of Health, National Institute of Health Research and Development, MoH-Indonesia ABSTRACT Background: Syphilis is a chronic disease that may cause disability among patients and the child that is delivered by the patient. It is a sexually transmitted disease (STD), caused by Treponema pallidum. Syphilis may increase transmission of HIV/AIDS. The objective of this article is to reveal prevalence of syphilis and its risk factors among Female Sex Workers (FSWs) in 7 cities in Indonesia in 2007. Methods: The data analyzed in this article is derived from cross sectional study among FSWs in 7 cities in Indonesia in 2007. The respondents were chosen by cluster random sampling from Kupang, Samarinda, Pontianak, Yogyakarta, Timika, Makassar and Tangerang. Blood specimens were collected from respondents who fulfilled the inclusion criteria. The Diagnosis of Syphilis confirmed in accordance with the results of Rapid Plasma Reagen (RPR) and Treponema Pallidum Haemaglutination Assay (TPHA), and the educational data were collected by using structured questionnaire. Results: There were 1750 respondents who had the complete data, 12,2% respondent were diagnosed as Syphilis. The highest prevalence of Syphilis was in Makassar (64,5%).
    [Show full text]
  • Unit City Level 1 Unit 183C, 185C, 187C, Jl. Asia Afrika No.8 GF Unit G
    Address No Shop Name Phone Unit City 1 Plaza Senayan Level 1 unit 183C, 185C, 187C, Jl. Asia Afrika No.8 South Jakarta 021-572 5126 2 Pondok Indah Mall 2 GF unit G55, Jl. Metro Pondok Indah, Kebayoran Lama, South Jakarta 021-7592 0871 3 Grand Indonesia Shopping Town West Mall, 3A Floor unit ED 1-12A, Jl. M.H. Thamrin No. 1, Kebon Kacang Central Jakarta 021- 2358 0341 4 Central Park GF unit G 217 A, Jl. Let. Jendral S. Parman kav.28 West Jakarta 021-5698 5350 5 Senayan City 5th Floor unit 5-30 , Jl. Asia Afrika Lot. 19 South Jakarta 021-7278 1165 6 Puri Indah Mall unit G E003, Jl. Puri Agung, Puri Indah, Kembangan Selatan West Jakarta 021-582 2774 7 Super Pakuwon Mall Indah Pakuwon Mall 2nd Mezzanine no 41 Jl Puncak Indah Lontar no 2 Surabaya 031-991 47564 8 Tunjungan Plaza 3 Plaza Central Lantai PC-01. No.90. Jalan Basuki Rachmad No 8A,10A,12A. Surabaya 60261 Surabaya 031-992 50528 9 Kota Kasablanka GF Food Society unit FSG M26, Jalan Casablanca Raya Kav. 88 South Jakarta 021-2948 8494 10 Gandaria City Main Street GF, MG12, JL. Sultan Iskandar Muda, Kebayoran Lama South Jakarta 021-2900 7932 11 Emporium Pluit Mall 4th unit IC-07, Jl. Pluit Selatan Raya, Penjaringan North Jakarta 021-6667 6738 12 Plaza Indonesia Level Basement Unit #088,089, Jl. MH Thamrin, Jakarta Pusat - 10350 Central Jakarta 021-29921928 13 Cilandak Town Square GF unit B 040, Jl. T.B. Simatupang Kav. 17 South Jakarta 021-766 3054 14 Mal Kelapa Gading 1 GF-183, Jl.
    [Show full text]
  • New Town Development in Indonesia Renegotiating, Shaping and Replacing Institutions
    Bijdragen tot de Taal-, Land- en Volkenkunde Vol. 167, no. 1 (2011), pp. 60-85 URL: http://www.kitlv-journals.nl/index.php/btlv URN:NBN:NL:UI:10-1-100913 Copyright: content is licensed under a Creative Commons Attribution 3.0 License ISSN: 0006-2294 MARLEEN DIELEMAN New town development in Indonesia Renegotiating, shaping and replacing institutions In line with the trend of urbanization in the developing world, Indonesia has undergone a rapid demographic shift from rural to urban areas. According to the United Nations, the proportion of urban dwellers in Indonesia was 17 per cent in 1970, 22 per cent in 1980, 31 per cent in 1990 and 42 per cent in 2000 and it has now surpassed 50 per cent (Urbanization 2007). This rapid urbaniza- tion is mirrored in the growth of Jabotabek1 and other Indonesian cities such as Surabaya in the past decades. Prices of land and real estate in and around urban areas, as well as the density and size of the cities, have increased significantly. The growth of urban areas has intensified the need for more infrastructure and services in the form of roads, sewerage, water management, public transport, and housing. The Indonesian government has not always been able to keep up with the increased growth, and Jakarta currently faces an assortment of problems such as regular flooding, pollution, security problems, poor road and pavement conditions, persistent traffic jams and inadequate public transport. Apart from urbanization, Indonesia has also witnessed significant eco- nomic growth in the past decades. During Soeharto’s New Order, for exam- ple, the economy grew at an average of 7 per cent annually over a period of 32 years (1966-1998).
    [Show full text]
  • Compilation of Manuals, Guidelines, and Directories in the Area of Intellectual Property (Ip) Portfolio Management
    DRAFT FOR DISCUSSION COMPILATION OF MANUALS, GUIDELINES, AND DIRECTORIES IN THE AREA OF INTELLECTUAL PROPERTY (IP) PORTFOLIO MANAGEMENT CUSTOMIZED FOR THE ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN) MEMBER COUNTRIES TABLE OF CONTENTS page 1. Preface…………………………………………………………………. 4 2. Mission Report of Mr. Lee Yuke Chin, Regional Consultant………… 5 3. Overview of ASEAN Companies interviewed in the Study……...…… 22 4. ASEAN COUNTRIES 4. 1. Brunei Darussalam Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 39 Part II: Success Stories…………………………………………………. 53 4. 2. Cambodia Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 66 Part II: Success Stories…………………………………………………. 85 4. 3. Indonesia Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 96 Part II: Success Stories…………………………………………………. 113 4. 4. Lao PDR Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 127 Part II: Success Stories…………………………………………………. 144 4. 5. Malaysia Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 156 Part II: Success Stories…………………………………………………. 191 4. 6. Myanmar Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 213 Part II: Success Stories…………………………………………………. 232 4. 7. Philippines Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management………………………. 248 Part II: Success Stories…………………………………………………. 267 4. 8. Singapore Part I: Listing of Manuals, Guidelines and Directories in the Area of Intellectual Property (IP) Portfolio Management……………………….
    [Show full text]
  • Download Article (PDF)
    Advances in Social Science, Education and Humanities Research, volume 212 2nd International Conference on Education Innovation (ICEI 2018) Education Management of Early Childhood Education Programs (Case Study in Ciputra International School) Nimatur Rohmah, Yatim Riyanto, Moedjiarto Universitas Negeri Surabaya Surabaya, Indonesia [email protected] Abstract—Early childhood is an early stage associated kindergarten, Raudatul Athfal, or other similar forms. While with growth and development, education provided early on can early childhood education on the non-formal path in the create qualified Human Resources (HR). Early childhood form of Play Group, Child Care. Early childhood education education will be able to restore future community portraits to in the informal education path is in the form of family face the challenges of globalization, most of the early childhood education or education organized by the environment ". that follows the early childhood program benefit when they have entered adulthood. it can be said that the ability of both The importance of education provided to children early children is cognitive and non-cognitive that is able to facilitate on is able to prepare superior human resources and ready to to learn at the next level. This research used a qualitative compete in the era of globalization. In line opinion on more approach with a case study model. The results of this study cost-effective investment, early childhood education will be indicate that: (1) planning starts from formulating the vision able to recoup several times more investments than after and mission and socializing to all stakeholders, the planning consists of several programs namely improving the quality of school age (in school education) and adult age.
    [Show full text]
  • Restoran Dinas Kebudayaan Dan Pariwisata Kota Surabaya
    DATA USAHA RESTORAN DINAS KEBUDAYAAN DAN PARIWISATA KOTA SURABAYA NO. NAMA USAHA ALAMAT TEMPAT USAHA Jl. Ach. Yani No.16-18 Surabaya (Royal Plaza Lt.3 1 Richeese Factory No.01-10 A & 10 B) Telp. 031-8271394 Jl. Ach. Yani No.228 Surabaya (Cito Unit GE-28) 2 Richeese Factory Telp. 031-58251266 Jl. Bubutan No.1-7 Surabaya (BG.Junction Unit GL. 3 Richeese Factory A.1a-A1) Jl. Ach. Yani No.73 Surabaya (Maspion Square En- 4 Richeese Factory tertaint Centre MCC 2 d) Jl. Ach. Yani No.73 Surabaya (Maspion Square Lt. 5 A & W Restaurant Dasar G.02-05) Telp. 031-8477571-72 Jl. Raya Dukuh Kupang No.111 Surabaya 6 Akam Telp. 031-5679671 Jl. Manyar Kertoarjo No.91 Surabaya 7 Seigo Japanese Cuisine Telp. 031-5475050 / 081-331829262 Jl. Ach. Yani No.16-18 Surabaya (Royal Plaza Lt. 8 A & W Restaurant Ground No.A.1-01) Telp. 031-8271350 Jl. Mayjend Sungkono No.89 Surabaya (Ciputra World 9 A & W Restaurant Lt.LG Unit 27A) Telp. 031-51200264 Jl. Basuki Rahmad No.15 Surabaya (Hotel Bekizaar Lt. 10 Jaloe Resto & Cafe UG) Telp. 031-5312296 Jl. Ach. Yani No.228 Surabaya (City Of Tomorrow Lt. 11 Rollaas Coffee & Tea LG.FL. / LB-02) Telp. 031-3551896 Jl. Klampis Jaya No.12-F Surabaya 12 Duckloko Resto & Cafe Telp. 031-5920275 Jl. Bukit Darmo Boulevard Surabaya (Lenmarc Mall 13 Capital Level Ground Unit G-12) Telp. 031-51162899 Jl. A.Yani No.16-18 Surabaya (Royal Plaza Unit F.1 14 D’ Cost Sea Food 21–A.
    [Show full text]
  • Chinese Big Business in Indonesia Christian Chua
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ScholarBank@NUS CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA NATIONAL UNIVERSITY OF SINGAPORE 2006 CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA (M.A., University of Göttingen/Germany) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DEPARTMENT OF SOCIOLOGY NATIONAL UNIVERSITY OF SINGAPORE 2006 i ACKNOWLEDGEMENTS Throughout the years working on this study, the list of those who ought to be mentioned here grew tremendously. Given the limited space, I apologise that these acknowledgements thus have to remain somewhat incomplete. I trust that those whose names should, but do not, ap- pear here know that I am aware of and grateful for the roles they played for me and for this thesis. However, a few persons cannot remain unstated. Most of all, I owe my deepest thanks to my supervisor Vedi Hadiz. Without him, I would not have begun work on this topic and in- deed, may have even given up along the way. His patience and knowledgeable guidance, as well as his sharp mind and motivation helped me through many crises and phases of despair. I am thankful, as well, for the advice and help of Mary Heidhues, Anthony Reid, Noorman Ab- dullah, and Kelvin Low, who provided invaluable feedback on early drafts. During my fieldwork in Indonesia, I was able to work as a Research Fellow at the Centre for Strategic and International Studies (CSIS) in Jakarta thanks to the kind support of its direc- tor, Hadi Soesastro.
    [Show full text]