CEO News

New Center at One Pacific Place

CEO SUITE celebrated its 10th anniversary on December 05, 2007 with an exciting launch of its new Center (the 10th Center) at One Pacific Place in Jakarta; the successful Launch was attended by Ms. Mee Kim, the President director, and many prominent professionals in the Jakarta business community.

The new Center at One Pacific Place is strategically located in the Sudirman area, not far away from the other 2 CEO SUITE centers in the area, at Wisma GKBI and the Jakarta Stock Exchange Building.

Boasting a floor area of 1,400 sq meters with 30 office suites, CEO SUITE targets business professionals who have plans to start new businesses, and who require business support services such as telecommunication infrastructure, tel-answering support, receptionist service, and pantry facilities etc.

In a phone interview with Jakarta Shimbun, Ms Mee Kim said, “Indonesia is an attractive market because labor cost is low, and it is a growing economy. In many ways, business in Indonesia is better than in China”. “Our target is towards international business”.

CEO SUITE has many other Centers in various cities including Jakarta, Kuala Lumpur, Singapore, Manila, Bangkok, Beijing and Shanghai; in 2007 alone, total revenue reached at least 20 million US Dollars.

In the New Year 2008, CEO SUITE will open new centers in Seoul, and Hong Kong, and second centers in Beijing, and Kuala Lumpur. The company expects to increase its total revenue by 25% from its 2007’s achievements.

CEO SUITE does not disclose its net profit but a plan to offer an IPO is hot in its pipeline. As of now, CEO SUITE has around 100 employees with diverse backgrounds, and nationalities.