Coworking is the fastest growing trend in the business world. Like any sort of work, it requires attention and complete focus of the individual which cannot be guaranteed when working from home. This is why we are seeing freelancers, small businesses, entrepreneurs, and other startups across Southeast Asia increasingly moving towards coworking environments.
GONG XI FA CAI! Every year, the world tosses a monstrous slam to respect the beginning of another customary Chinese logbook year. Bid a fond farewell to your canine year, the hotly anticipated year of the pig at long last is here. Ring in the time of the pig from a positive point of view and fortify your bond with collaborators, associates, companions, just as a family by having a healthy feast together. Chinese New Year is the ideal time for our souls and stomachs to be filled.
It's has been a bullish year for coworking, serviced office, and flexible space alike in Indonesia. Closely trailing behind India, Australia, and the Chinese market, Indonesia presents one of the fastest growing and cheapest markets for flexible workspace in Asia averaging 16% growth (in 2018) and $285 per workstation. Presently, there are about 150 flexible space centres across the country, out of which, 75% are located in Jakarta. This growth is congruent with the rapid growth of tech startups in Indonesia as they continue to be one of the biggest occupiers of flexible spaces.
Kedasi, Tanjung Duren
Thanks to the the coworking boom in Indonesia, especially in Jakarta, you can find coworking spaces and serviced offices at pretty much every corner of Jakarta, well maybe not every corner but in areas like SCBD, Sudirman, Thamrin and Kuningan, you're spoiled for choice. The major CBD areas in Jakarta are saturated with top flexible workspace brands such as WeWork, COCOWORK, and IWG (Regus). Fierce competition drives many other operators to establish a presence elsewhere, and in all fairness, it does make good business sense. Not every company is looking to secure a luxurious office space on the 47th floor, overlooking the Jakarta skyline... let's not kid ourselves, anyone would jump at the chance if the budget forbids!
Jakartans are no strangers to the odd-even policy which has been implemented since May 2016 to replace the 3-in-1 policy. In preparation for hosting the 18th Asian Games, the Indonesian government has intensified the policy as a necessary means to anticipate and accommodate the increased traffic flow in Jakarta. By now most of you should already be aware of the alteration made to the rule but for those who aren't, the vehicle restriction odd-even policy area has expanded to include places such as Arteri Pondok indah, Jl. Rasuna Said, and more. To top it all off, it will be in place for 15 hours a day (including weekends), starting from 06:00 - 21:00 with the intention to ease mobility for travelling athletes and officials. Refer to the map below for more information.
Indonesia has taken notable measures to improve the business climate by deregulating its economy and allocating resources into building infrastructure like the MRT and LRT. This have encouraged both local and foreign investment in the country. Rodrigo A. Chaves, World Bank Country Director for Indonesia credited sound macroeconomic policies to investment growth reaching a five-year high. Around 20 reform efforts had been carried out since 2014 to include openness and competition, some notable improvements are: reduction in cost to starting a business, improved access to credit, ease of trading across borders, and better tax system.
EV Hive D. Lab, Menteng
April is almost over but that doesn't mean you should write it off just yet. Have a look at our list of top events happening in a coworking space this April.
To keep you busy in the month of May, we want to continue to churn out the latest and finest events happening in coworking spaces near you Jakartans! Let's dive right into it shall we?
As the largest city in Southeast Asia without a proper public transportation system, Jakarta is notorious for having one of the world’s worst traffic situations (let’s not even get into rush hour traffic). In fact a survey conducted by JakartaPost found that Jakartans waste 22 days in traffic per year. That’s almost the whole month of February or nearly 3 weeks that could have been spent relaxing by the beach in Bali. So what’s the solution?