Economy
Both GRDP at current market price and GRDP at 2000 constant price in 2007 for Municipality of Central Jakarta is higher than other municipalities in DKI Jakarta, which is Rp. 145 million and Rp. 80 million respectively.
At the end of the first quarter of 2010, the Jakarta CBD had an occupancy rate of 80%, an increase from the 78% at the end of the first quarter of 2009. According to Jones Lang LaSalle, the amount of office space in the Jakarta CBD increased by 93,000 square metres (1,000,000 sq ft) between the second half of 2010 and the second half of 2009.
In September 2010 Jones Lang LaSalle estimated that the Jakarta CBD had 30,000 square metres (320,000 sq ft) of serviced office space, making up less than 1 percent of the total amount of office space in the CBD. 70% of the tenants in the serviced spaces were international companies. The number of serviced office spaces in Central Jakarta increased by 50% in the year leading to September 2010.
Read more about this topic: Central Jakarta
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)