As a veteran of the launch of Asia Times in 1995 and a backer of the Phnom Penh Post going daily this year, there is nothing more exhilarating than the launch of a new newspaper. Good luck to James, Lin and the Jakarta Globe team!
Despite the global economic crisis and falling newspaper sales around the world, a new English-language daily is hitting the newsstands in Jakarta Wednesday with big ambitions of having a regional impact.
The Jakarta Globe is entering a market already saturated with Indonesian-language dailies and dominated for the past 25 years in English by The Jakarta Post. But it has the backing of one of Indonesia’s richest men, billionaire tycoon James Riady, and a new editorial team of locals and expats that senior editor Lin Neumann believes can make the full-colour broadsheet a regional player.
‘We want to be compared to The South China Morning Post, The Straits Times and The Bangkok Post, as well as anything in the local market,’ he told AFP Tuesday on the eve of the launch.
Eleven months in the making from the time of the first planning meetings in December, The Jakarta Globe is set to be a 48-page daily with an emphasis on lifestyle and sports as well as local news.
Other executives have said it is aiming at a print run of around 50,000 copies, but Neumann would not be drawn on numbers.